Modifications to Fuel Regulations to Provide Flexibility for E15; Modifications to RFS RIN Market Regulations (Proposed Rule)

Forms and Documents

Document Name	Status
Form RFS010 Annual and quarterly reporting and recordkeeping requirements for all parties that participate in the RFS RIN market Form and Instruction	New
2592t01.xlsx Supplementary Document	2019-03-22
2592ss01.docx Supporting Statement A	2019-03-22

IC Document Collections

IC ID	Document Title	Status
235460	Annual and quarterly reporting and recordkeeping requirements for all parties that participate in the RFS RIN market Form and Instruction	New

ICR Details

OMB Control No: 2060-0723	ICR Reference No: 201903-2060-030
Status: Historical Inactive	Previous ICR Reference No:
Agency/Subagency: EPA/OAR	Agency Tracking No: 2592.01
Title: Modifications to Fuel Regulations to Provide Flexibility for E15; Modifications to RFS RIN Market Regulations (Proposed Rule)
Type of Information Collection: New collection (Request for a new OMB Control Number)	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Comment filed on proposed rule	Conclusion Date: 05/29/2019
	Date Received in OIRA: 03/22/2019
Terms of Clearance: OMB files this comment in accordance with 5 CFR 1320.11(c) of the Paperwork Reduction Act and is withholding approval of this collection at this time. This OMB action is not an approval to conduct or sponsor an information collection under the Paperwork Reduction Act of 1995. The agency shall examine public comment in response to the Notice of Proposed Rulemaking and will include in the supporting statement of the next ICR, to be submitted to OMB at the final rule stage, a description of how the agency has responded to any public comments on the ICR. This action has no effect on any current approvals.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date		36 Months From Approved
Responses	0	0	0
Time Burden (Hours)	0	0	0
Cost Burden (Dollars)	0	0	0

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Abstract: This Information Collection Request (ICR) includes all additional Renewable Fuel Standard (RFS) related information collection activities resulting from the Modifications to Fuel Regulations to Provide Flexibility for E15; Modifications to RFS RIN Market Regulations proposed rulemaking. These information collection activities include new recordkeeping and reporting requirements proposed under 40 CFR Part 80, subpart M. All other RFS-related information collection will continue to be conducted under EPA ICR No. 2546.01, OMB Control Number 2060-NEW. The NPRM proposes reforms to the RFS RIN market in an effort to improve market functioning and transparency. The proposed reforms include: • Requiring public disclosure when RIN holdings exceed a certain threshold. • Increasing the RFS compliance frequency to quarterly. • Limiting which parties can purchase RINs. • Limiting the duration of RIN holdings by non-obligated parties. • Taking additional steps to improve EPA’s market monitoring capabilities. Taken together, these proposed reforms seek to discourage manipulative behavior in the RIN market including instances of RIN hoarding and false price reporting while offering EPA better insight into how the RIN market operates.

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Authorizing Statute(s): US Code: 42 USC 7414 and 7542 Name of Law: Clean Air Act
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
2060-AU34	Proposed rulemaking	84 FR 10584	03/21/2019

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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: 1

IC Title	Form No.	Form Name
Annual and quarterly reporting and recordkeeping requirements for all parties that participate in the RFS RIN market	RFS010	RFS2 Activity Report

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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: This is the first time this IC is being proposed. Once the rule is finalized, EPA intends to merge this ICR into the consolidated RFS ICR (EPA ICR No. 2546.01, OMB Control Number 2060-NEW) and modify the burden levels recorded there accordingly.

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Annual Cost to Federal Government: $158,000

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

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     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: 03/22/2019

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