Application for Regional Center Under the Immigrant Investor Pilot Program

Forms and Documents

Document Name	Status
I924-INS-TOC-2016 Fee Rule-10182016.docx Supplementary Document	2016-11-04
I924-FRM-TOC-2016 Fee Rule - 09222016.doc Supplementary Document	2016-11-04
I924A-INS-TOC-2016 Fee Rule-10182016.docx Supplementary Document	2016-11-04
I924A-FRM-TOC-2016 Fee Rule-10132016.docx Supplementary Document	2016-11-04
SUPPORTING STATEMENT APPENDIX A COMMENT SUMMARY_31AUG2016.docx Supplementary Document	2016-11-04
I-924 I-924A SuppState_FeeRuleFinalRulev3_31AUG2016.docx Supporting Statement A	2016-11-04
SORN BIS 73 FR 56596 29SEP2008.pdf Supplementary Document	2016-03-02
SORN A File 78 FR 69864 21NOV2013.pdf Supplementary Document	2016-03-01
Reference Citation-I-924 11-30-12.doc Supplementary Document	2015-01-22

IC Document Collections

IC ID	Document Title	Status
203825	Supplement to Form I-924	Modified
20364	APPLICATION FOR REGIONAL CENTER UNDER THE IMMIGRANT INVESTOR PILOT PROGRAM	Modified

ICR Details

OMB Control No: 1615-0061	ICR Reference No: 201611-1615-003
Status: Historical Active	Previous ICR Reference No: 201603-1615-001
Agency/Subagency: DHS/USCIS	Agency Tracking No: I-924
Title: Application for Regional Center Under the Immigrant Investor Pilot Program
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 12/14/2016
	Date Received in OIRA: 11/08/2016
Terms of Clearance: Approved for two years only due to partial GPEA compliance.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	12/31/2018	36 Months From Approved	04/30/2018
Responses	1,282	0	587
Time Burden (Hours)	32,748	0	9,420
Cost Burden (Dollars)	1,410,200	0	255,492

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Abstract: The data collected on Form I-924 and Form I-924A is used by U.S. Citizenship and Immigration Services (USCIS) to determine eligibility for an entity to be designated as a regional center, under the Immigrant Investor Pilot Program created by section 610 of Public Law 102-395 (October 6, 1992). A regional center is defined as any economic unit, public or private, engaged in the promotion of economic growth, improved regional productivity, job creation, and increased domestic capital investment. Alien entrepreneurs ("EB-5 alien investors") admitted to the United States under section 203(b)(5) of the Immigration and Nationality Act (INA) may meet the job creation requirements under INA section 203(b)(5)(A)(ii) through the creation of indirect jobs through capital investments made in commercial enterprises that are affiliated with regional centers that are designated for participation in the pilot program. The requirements for obtaining and terminating the regional center designation for participation in the pilot program are in 8 CFR 204.6(m)(3).

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Authorizing Statute(s): US Code: 8 USC 1153 Name of Law: U.S. Code
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
1615-AC09	Final or interim final rulemaking	81 FR 73292	10/24/2016

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Federal Register Notices & Comments

Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 2

IC Title	Form No.	Form Name
APPLICATION FOR REGIONAL CENTER UNDER THE IMMIGRANT INVESTOR PILOT PROGRAM	I-924
Supplement to Form I-924	I-924A

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ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	1,282	587	0	695	0	0
Annual Time Burden (Hours)	32,748	9,420	0	23,328	0	0
Annual Cost Burden (Dollars)	1,410,200	255,492	0	1,154,708	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Changing Regulations

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: There has been an increase of annual burden hours previously reported for this information collection. Part of the increase in total estimated annual burden is the result of an increase in the total number of respondents based on updated historical receipt data and the resulting adjustment in agency estimates. The increase in the total annual burden hours was also as a result of increasing the time burden from 40 hours to 51 for the initial Form I-924 applications, from 40 hours to 51 for the amendment Form I-924 application, and from 3 hours to 14 for the Form I-924A due to a better estimation of the time required to complete the form and gather all documentation. The increase in cost burden is due to an increase in the estimated number of respondents per year.

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Annual Cost to Federal Government: $9,794,870

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).

The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(i) Why the information is being collected;

(ii) Use of information;

(iii) Burden estimate;

(iv) Nature of response (voluntary, required for a benefit, or mandatory);

(v) Nature and extent of confidentiality; and

(vi) Need to display currently valid OMB control number;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.

Certification Date: 11/08/2016

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