Offering of U.S. Mortgage Guaranty Insurance Company Tax and Loss Bonds
Extension without change of a currently approved collection
No
Regular
06/30/2026
Requested
Previously Approved
36 Months From Approved
07/31/2026
74
35
19
9
0
0
Chapter 31 of Title 31 of the United States Code authorizes the Secretary of the Treasury to prescribe the terms and conditions, including the form, of United States Treasury bonds, notes and bills. The information collected is essential to establish and maintain Tax and Loss Bond accounts (31 CFR Part 343). This regulation governs issues, reissues and redemptions of Tax and Loss bonds. The information requested will be used to issue a Statement of Account to the entity, establish issue and maturity dates for the bonds, and provide electronic payment routing instructions for the proceeds.
US Code:
31 USC Part 343
Name of Law: Regulations Governing the Offering of United States Mortgage Guaranty Insurance Company Tax and Loss
The increase to the reported burden is due to an examination of the actual issuance and redemption transactions processed in fiscal year 2025. The increase of 10 hours is an adjustment in agency estimate for a total of 19 burden hours requested. The increase can be attributed to insurance companies investing in Treasury to offset tax obligations.
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.