Parent Company Definition for TRI Reporting (Final Rule)
New collection (Request for a new OMB Control Number)
No
Regular
10/21/2022
Requested
Previously Approved
36 Months From Approved
153,630
0
17,833
0
0
0
This ICR addresses the paperwork requirements in a final rule titled Parent Company Definition for TRI Reporting that is not already included in the currently approved ICR âChemical Release Reporting,â which covers the current 40 CFR part 372. The Environmental Protection Agency (EPA) is developing a rule under section 313 of the Emergency Planning and Community Right-to-Know Act (EPCRA) that codifies reporting the highest-level U.S.-based parent company and adds a new data element to Part I, Section 5 for reporting the name of a foreign company in addition to reporting the largest U.S.-based parent company. An economic analysis (EA) provides estimations of the burden and costs associated with the reporting requirements and can be found in the rulemaking docket.
Burden results for new rule to codify TRI parent company definition, including an additional data element on TRI reporting forms for reporting the highest-level foreign parent company, when applicable. Higher costs are incurred in the first year following the effective date of the rule compared to subsequent years.
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.