FERC Form No. 2 (Final Rule in RM19-12), Annual Report of Major Natural Gas Companies

Forms and Documents

Document Name	Status
Form Form 2 FERC Form No. 2, Annual Report of Major Natural Gas Companies Form and Instruction	Modified
RM19-12-000 Final Rule supporting statement.docx Supporting Statement A	2019-07-03
RM19-12final rule_news release20190620-3046.pdf Supplementary Document	2019-06-25
eCFR_5-17-19_10forms_Final Rule-RM19-12.docx Supplementary Document	2019-05-17
Form 2_2A Statute.doc Supplementary Document	2011-01-27

IC Document Collections

IC ID	Document Title	Status
22943	FERC Form No. 2, Annual Report of Major Natural Gas Companies Form and Instruction	Modified

ICR Details

OMB Control No: 1902-0028	ICR Reference No: 201905-1902-007
Status: Active	Previous ICR Reference No: 201706-1902-002
Agency/Subagency: FERC	Agency Tracking No: FERC Form No. 2
Title: FERC Form No. 2 (Final Rule in RM19-12), Annual Report of Major Natural Gas Companies
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: 09/09/2019
	Date Received in OIRA: 07/03/2019
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	12/31/2020	36 Months From Approved	12/31/2020
Responses	92	0	92
Time Burden (Hours)	153,793	0	149,868
Cost Burden (Dollars)	301,269	0	0

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Abstract: The FERC Form No. 2 is a financial and operating report for natural gas rate regulation for major pipelines. "Major" is defined as companies having combined gas sold for resale and gas transported or stored for a fee that exceeds 50 million Dekatherms in each of the three previous calendar years. The Commission investigates, collects and records data and prescribes rules and regulations concerning accounts, records and memoranda as necessary to administer the Natural Gas Act (NGA).

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Authorizing Statute(s): US Code: 15 USC 717(g)-717(i) Name of Law: Natural Gas Act
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
1902-AF58	Final or interim final rulemaking	84 FR 30620	06/27/2019

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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
FERC Form No. 2, Annual Report of Major Natural Gas Companies	Form 2	Annual Report of Major Natural Gas Companies

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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	92	92	0	0	0	0
Annual Time Burden (Hours)	153,793	149,868	0	3,925	0	0
Annual Cost Burden (Dollars)	301,269	0	0	301,269	0	0

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

Burden Increase Due to: Miscellaneous Actions

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

Burden Reduction Due to:

Short Statement: The Commission is adopting eXtensible Business Reporting Language (XBRL) as the standard for filing the Commission Form Nos. 1, 1-F, 2, 2-A, 3-Q electric, 3-Q natural gas, 6, 6-Q, 60, and 714. The use of XBRL will make the information in these forms easier for filers to submit and data users to analyze, and assist in automating regulatory filings. The Commission believes that transitioning from the current Visual FoxPro system to XBRL will decrease the costs, over time, of preparing the necessary data for submission and complying with future changes to filing requirements set forth by the Commission. In addition, the Commission is revising its regulations to require filers of Form No. 1-F to file their report in electronic media.

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Annual Cost to Federal Government: $184,927

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: 07/03/2019

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