In accordance
with 5 CFR 1320, the information collection is approved for three
years.
Inventory as of this Action
Requested
Previously Approved
02/29/2016
36 Months From Approved
06/30/2013
332
0
166
26,989
0
26,657
0
0
1,767,092
Under the Interstate Commerce Act
(ICA), (Section 20, 54 Stat. 916), the Commission is authorized and
empowered to make investigations and to collect and record data to
the extent the Commission may consider to be necessary or useful
for the purpose of carrying out the provisions of the ICA. The
information collected under the requirements of the Form 6 is used
by the Commission to carry out its responsibilities in implementing
the statutory provisions of the ICA, including the authority to
prescribe rules and regulations concerning accounts, records and
memoranda as necessary or appropriate. The Commission may prescribe
a system of accounts for jurisdictional companies and, after notice
and opportunity for hearing may determine the accounts in which
particular outlays and receipts will be entered, charged or
credited. Financial accounting and reporting provides needed
information concerning a company's past performance and its future
prospects. Without reliable financial statements prepared in
accordance with the Commission's Uniform System of Accounts and
related regulations, the Commission would be unable to accurately
determine the costs that relate to a particular time period,
service or line of business. Additionally, it would be difficult to
determine whether a given entity has previously been given the
opportunity to recover its costs through rates, or to compare how
the financial performance and results of the operations of one
regulated entity relates to another. The Form 6 also assists the
Commission in overseeing and policing the regulated oil pipeline
markets to assist in enforcing the ICA. In the Final Rule, the
Commission is amending the instructions on page 700 of the Form 6
to ensure that pipelines report interstate-only barrel and
barrel-mile data and not a combination of interstate and intrastate
throughput. The Commission also directs pipelines that reported
combined interstate and intrastate data in any field on lines (1)
through (12) of page 700 of their 2010 Form 6 or their 2011 Form 6
to file within 90 days of the final rule's publication in the
Federal Register revised page 700 data containing only interstate
data for the years 2009, 2010, and 2011.
US Code:
49 USC
20 Name of Law: Interstate Commerce Act
The Commission estimates there
will be a one-time increased burden involved in the initial
implementation associated with: (a) using only interstate figures
for lines 1-12 of page 700, and (b) re-filing of revised data for
lines (1) through (12) of page 700 for 2009, 2010, and 2011. For
the recurring effort involved in filing interstate data on lines
(1) through (12) of page 700 for 2012 and future years, we estimate
that the change in burden is negligible (after the initial
implementation). By requiring the filing of correct data on page
700 moving forward and the re-filing of page 700 for years 2009,
2010, and 2011, the Commission will be able to more fully perform
its responsibilities under the ICA. The additional one-time burden
of 996 hours is being averaged over the three years for the
purposes of submittal to the Office of Management and Budget (OMB),
giving an average additional annual burden of 332 hours. In the
last submission to OMB under this control number the Commission
included the annual cost figure in the ROCIS metadata. However, the
Commission currently only includes in ROCIS the costs not
associated with burden hours and wages for employees and has
therefore removed the cost figure previously reported in ROCIS as
it corresponded to wages paid to employees in completing this
collection (burden hour costs are reported under item 12 of the
attached supporting statement).
$73,358
No
No
No
No
No
Uncollected
Brian Holmes 202
219-2618
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.