Regulations and Related Reporting and Recording Requirements - FTPP, Packers and Stockyards Division

Forms and Documents

Document Name	Status
Form PSD- 7001 Regulations and Related Reporting and Recording Requirements - Packers and Stockyards Programs-Business Form and Instruction	Modified
0581-0308 Estimated PSD Costs.xlsx Supplementary Document	2021-02-23
0581-0308 AMS-71.xls Supplementary Document	2021-02-23
0581-0308 SUPPORTING STATEMENT (2-24-21).docx Supporting Statement A	2021-02-24

IC Document Collections

IC ID	Document Title	Status
2523	Regulations and Related Reporting and Recording Requirements - Packers and Stockyards Programs-Business Form and Instruction	Modified

ICR Details

OMB Control No: 0581-0308	ICR Reference No: 202102-0581-002
Status: Received in OIRA	Previous ICR Reference No: 202003-0581-006
Agency/Subagency: USDA/AMS	Agency Tracking No:
Title: Regulations and Related Reporting and Recording Requirements - FTPP, Packers and Stockyards Division
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular	Date Submitted to OIRA: 02/25/2021

	Requested	Previously Approved
Expiration Date	36 Months From Approved	02/28/2021
Responses	35,853	39,710
Time Burden (Hours)	51,526	348,328
Cost Burden (Dollars)	0	9,056,528

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Abstract: The purpose of this collection is to provide business transaction safeguards that are necessary to protect financial interests and trade practices of livestock producers and poultry growers and others in the livestock, meatpacking, and poultry industries.

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Authorizing Statute(s): US Code: 7 USC 181-229 Name of Law: Packers and Stockyards Act of 1921
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	85 FR 224	11/19/2020
30-day Notice:	Federal Register Citation:	Citation Date:
	86 FR 11217	02/24/2021
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
Regulations and Related Reporting and Recording Requirements - Packers and Stockyards Programs-Business	PSD- 7001, PSD- 7002, PSD-3002, PSD- 3003, PSD- 5000, PSD- 1000, PSD- 2120, PSD- 3005, PSD- 4200, PSD- 4300, PSD- 4400, PSD- 2300, PSD- 4000, PSD- 1300, PSD- 4500, PSD- 2100, PSD- 2000, PSD- 2200, PSD- 1500, PSD- 7003, PSD- 1400, PSD- 2110, PSD- 2500, PSD-2600, PSD- 2610, PSD- 2400, PSD- 3001, PSD- 3004, PSD- 1100, PSD- 1200	Status of Custodial Bank Account for Shippers' Proceeds Special Report ,   Stmt. of Assets, Liabilities, & Equity Special Rept. ,   Annual Report of Live Poultry Dealers ,   Annual Report of Market Agency - Selling on Commission ,   Reparation Complaint ,   Application for Registration ,   Claim Form for Livestock Sold (Clause 2, 3, 4) ,   Supplement to Annual Report of Packers ,   Livestock Scale Test Report ,   Monorail Scale Test Rept. ,   Vehicle Scale Test Report ,   Trust Agreement Use w/Form PSD 2600 (Letter of Credit) ,   Weigher's Acknowledgement & Agreement ,   Change of Name --Posted Stockyards ,   Grain Hopper Test Report ,   Bond Rider Gen'l. Use with Surety Bond ,   Surety Bond Required Livestock Market ,   Trust Fund Agreement ,   Live Poultry Dealer Inquiry ,   Special Report For Review of Dealer, Market Agency & Packer Bonds ,   Packer Inquiry ,   Claim--Livestock Sold on Commission (Clause 1) ,   Termination of Trust Agreement or Trust Fund Agreement ,   Letter of Credit ,   Automatic Renewal Rider for Letter of Credit ,   Rider for General Use with Trust Fund Agreement or Trust Agreement ,   Annual Report of Dealer or Market Agency Buying on Commission ,   Annual Report of Packers ,   Application for Registration - Packer Buyer ,   Information to be supplied --Posting Stockyard

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ICR Summary of Burden

	Total Request	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	35,853	39,710	0	-3,857	0	0
Annual Time Burden (Hours)	51,526	348,328	0	-296,802	0	0
Annual Cost Burden (Dollars)	0	9,056,528	0	-9,056,528	0	0

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

Burden Increase Due to:

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

Burden Reduction Due to: Using Information Technology

Short Statement: With the use of the Enterprise Content Management (ECM) system, Packers and Stockyards Division now has a more accurate respondent count a capability Packers and Stockyards Division had not previously had.

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Annual Cost to Federal Government: $269,469

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? No

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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: 02/25/2021

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