Extension without change of a currently approved collection
No
Regular
Approved without change
08/11/2023
11/22/2022
In accordance with 5 CFR 1320, the information collection is approved for three years.
table that charts list comparision
Inventory as of this Action
Requested
Previously Approved
08/31/2026
36 Months From Approved
08/31/2023
44,541,593
0
56,299,873
5,481,069
0
5,952,344
0
0
13,047,705
This ICR will cover the information collection activities associated with the reporting and recordkeeping requirements for sellers, lessors, and their agents disclosure activities in target housing including the allowance of up to ten days for an optional risk assessment or inspection before being obligated under purchase or lease contract.
US Code:
42 USC 4852d
Name of Law: Residential Lead Based Paint Hazard Reduction Act of 1992
There is a decrease of 471,275 hours in the total estimated respondent burden compared with that identified in the ICR currently approved by OMB. As explained in more detail in the ICR, this decrease reflects revisions to the estimated number of respondents based on updates to data sources, revisions to time burden estimates due to technological change (e.g., widespread use of electronic real estate transacting and documentation), and revisions based on market factors (e.g., declines in the numbers of rentals and declines in the amount of owner-occupied target housing in the market).
There is a decrease in the costs currently identified in ROCIS. There are no capital or O&M costs, nor were there under the previous ICR. This is to correct labor costs that were incorrectly entered as capital and O&M costs.
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.