Annual Performance Report and Certification for Section 1603: Payments for Specified Renewable Energy Property in Lieu of Tax Credits

ICR 201912-1505-001

OMB: 1505-0221

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2019-12-31
Supplementary Document
2013-03-29
IC Document Collections
ICR Details
1505-0221 201912-1505-001
Active 201610-1505-002
TREAS/DO
Annual Performance Report and Certification for Section 1603: Payments for Specified Renewable Energy Property in Lieu of Tax Credits
Extension without change of a currently approved collection   No
Regular
Approved with change 03/17/2020
Retrieve Notice of Action (NOA) 12/31/2019
Treasury updated the burden estimates in the ROCIS table.
  Inventory as of this Action Requested Previously Approved
03/31/2023 36 Months From Approved 03/31/2020
150,000 0 150,000
37,500 0 37,500
0 0 0

Authorized under the American Recovery and Reinvestment Act (ARRA), of 2009 (Pub. L. 111-5), the Department of the Treasury is implementing several provisions of the Act, more specifically Division B-Tax, Unemployment, Health, State Fiscal Relief, and Other Provisions. Among these components is a program which requires Treasury, in lieu of a tax credit, to reimburse persons who place in service certain specified energy properties. The collection of information is necessary to properly monitor compliance with program requirements. Applicants for Section 1603 payments commit in the Terms and Conditions that are part of the application to submitting an annual report for five years from the date the energy property is placed in service.

PL: Pub.L. 111 - 5 B Name of Law: American Recovery and Reinvestment Act of 2009
  
None

Not associated with rulemaking

  84 FR 57809 10/28/2019
84 FR 72140 12/30/2019
No

1
IC Title Form No. Form Name
Annual Performance Report and Certification of Section 1603

  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 150,000 150,000 0 0 0 0
Annual Time Burden (Hours) 37,500 37,500 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$78,278
No
    No
    No
No
No
Yes
Uncollected
Ellen Neubaur 2029279622

  No

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:
 
 
 
 
 
 
 
    (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;
 
 
 
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.
12/31/2019


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