Quarterly Condensed Balance Sheet - Railroads (Form CBS)

Forms and Documents

Document Name	Status
Quarterly Condensed Balance Sheet - Railroads (Form CBS) Form and Instruction	Unchanged
2021-20793 30-day Notice.pdf Supplementary Document	2021-09-24
60-Day Notice--Rail Carrier Financial Reports.pdf Supplementary Document	2021-09-24
Supporting Statement - Form CBS - 2021 extension (to ROCIS).pdf Supporting Statement A	2021-09-24
49 CFR 1243 2.pdf Supplementary Document	2012-05-24
49 USCODE 11145.pdf Supplementary Document	2012-05-24

IC Document Collections

IC ID	Document Title	Status
26943	Quarterly Condensed Balance Sheet - Railroads (Form CBS) Form and Instruction	Unchanged

ICR Details

OMB Control No: 2140-0012	ICR Reference No: 202109-2140-004
Status: Received in OIRA	Previous ICR Reference No: 201809-2140-006
Agency/Subagency: STB	Agency Tracking No:
Title: Quarterly Condensed Balance Sheet - Railroads (Form CBS)
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular	Date Submitted to OIRA: 09/24/2021

	Requested	Previously Approved
Expiration Date	36 Months From Approved	11/30/2021
Responses	28	28
Time Burden (Hours)	168	168
Cost Burden (Dollars)	0	0

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Abstract: This collection of financial data is required to be filed by Class I railroads (currently seven), which have revenues in excess of 250 million dollars, so that the Board can fulfill various statutory requirements pursuant to U.S.C. 11123, 11145-45 and 111323-25. These reports are also used by the Board to assess industry growth as well as sudden changes in carrier financial stability, and by the Board and others to identify trends that may affect National Transportation.

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Authorizing Statute(s): US Code: 49 USC 11145 Name of Law: Interstate Commerce Act
  

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:
	86 FR 34109	06/28/2021
30-day Notice:	Federal Register Citation:	Citation Date:
	86 FR 53138	09/24/2021
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
Quarterly Condensed Balance Sheet - Railroads (Form CBS)	none	Form CBS

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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	28	28	0	0	0	0
Annual Time Burden (Hours)	168	168	0	0	0	0
Annual Cost Burden (Dollars)	0	0	0	0	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: No

Burden Reduction Due to:

Short Statement:

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Annual Cost to Federal Government: $970

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: 09/24/2021

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