Justification for Non-Substantive Changes to 0960-0127

Justification for Non-Substantive Changes to the SSA-8060 U3

Agreement to Sell Property

20 CFR 416.1240, 416.1242, 416.1244, and 416.1245

OMB No. 0960-0127

Revisions to the Information Collection:

We are making the following non-substantive changes to the SSA-8060-U3:

• We are revising the time limits as follows:

  • On the first page of the form under the section titled CONDITIONS OF AGREEMENT 5th line change the 3 to 9 and in parentheses change from 6 months to 3 months.

    • We are rearranging the order of the months as, in every other place (including the second page of the form), we show the order as seen above. We wanted to maintain consistency in our form.

• On the second page of the form under TIME LIMITS FOR SELLING PROPERTY change the 6 to a 9 in the second line.

• SSA has also reassessed and updated the Privacy Act Statement for this form and we are updating it upon approval of these changes.

Justification for Non-Substantive Changes and Resubmission of the Collection within One Year of OMB Approval:

We did not make the changes we are requesting today when we renewed this form last year because we wanted to make the change in the Regulations and this form at the same time.  The Supplemental Security Income (SSI) Federal Benefit Rate (FBR) increased every year and the current formula of three times the FBR we knew would one year exceed the statutory resource limit. When Congress announced the cost of living increase for 2009 in late 2008, we recognized that the old formula was no longer valid. We requested a change in the Regulation that we published in the Federal Register on Tuesday, December 9, 2008 at 73 FR 74663. This gave us the opportunity to change the form necessitated by the regulatory changes. The form, however, was long overdue for a change but until now, we could not justify a major printing effort.

The form presented today is an integral element in making conditional benefit payments, which is the subject of the sections we are revising. SSA pays conditional benefits only after we receive a signed statement of intent to sell.  We need this form with the latest Privacy Act Notice and the up to date time limits for selling the property in order to make conditional benefit payments.