CARES Act Loan and Payroll Support Programs for Air Carriers and Other Eligible Businesses

ICR 202201-1505-005

OMB: 1505-0263

Federal Form Document

Forms and Documents
ICR Details
1505-0263 202201-1505-005
Received in OIRA 202111-1505-004
TREAS/DO
CARES Act Loan and Payroll Support Programs for Air Carriers and Other Eligible Businesses
Extension without change of a currently approved collection   No
Regular 01/31/2022
  Requested Previously Approved
36 Months From Approved 01/31/2022
2,801 3,400
11,902 13,070
0 0

The CARES Act authorizes the Secretary of the Treasury to make loans, loan guarantees, and other investments that do not exceed $500 billion in the aggregate to provide liquidity to eligible businesses related to losses incurred as a result of coronavirus. Section 4003(b)(1)-(3) authorizes the Secretary to make loans and loan guarantees available to passenger air carriers and cargo air carriers, as well as certain related businesses, and businesses critical to maintaining national security.

PL: Pub.L. 116 - 136 4112-4113 Name of Law: Coronavirus Aid, Relief, and Economic Security (CARES) Act
   PL: Pub.L. 116 - 136 4003 Name of Law: Coronavirus Aid, Relief, and Economic Security (CARES) Act
   PL: Pub.L. 116 - 260 401-412 Name of Law: Consolidated Appropriations Act, 2021
  
None

Not associated with rulemaking

  86 FR 68042 11/30/2021
87 FR 4713 01/28/2022
No

  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 2,801 3,400 0 0 -599 0
Annual Time Burden (Hours) 11,902 13,070 0 0 -1,168 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
This submission is to renew the OMB approval. The changes to burden since the previous approval are for revising estimates related to PSP applications and agreements. There are no programmatic changes since OMB previously reviewed and approved the collection.

$5,509,329
No
    No
    No
No
No
No
Yes
Molly Stasko 202 622-8922 [email protected]

  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.
01/31/2022


© 2024 OMB.report | Privacy Policy