Importation Bond Structure

Forms and Documents

Document Name	Status
Form 5297 Power of Attorney- Form 5297 Form and Instruction	Modified
Form 301 Proposed Customs Bond- Form 301 and Customs Bond Continuation Sheet Form 301A Form and Instruction	Modified
FR 30 2014.pdf Supplementary Document	2014-03-06
FR 60 2013.pdf Supplementary Document	2014-03-06
Supporting Statement (2013).doc Supporting Statement A	2014-03-06
FR Doc E8-29801.mht Supplementary Document	2010-11-29
PIA for ACS.pdf Supplementary Document	2010-11-29
19 USC.doc Supplementary Document	2007-09-26
Bond 19CFR.doc Supplementary Document	2007-09-26

IC Document Collections

IC ID	Document Title	Status
20779	Power of Attorney- Form 5297 Form and Instruction	Modified
182291	Proposed Customs Bond- Form 301 and Customs Bond Continuation Sheet Form 301A Form and Instruction	Modified

ICR Details

OMB Control No: 1651-0050	ICR Reference No: 201403-1651-003
Status: Historical Active	Previous ICR Reference No: 201011-1651-002
Agency/Subagency: DHS/USCBP	Agency Tracking No:
Title: Importation Bond Structure
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 05/18/2014
	Date Received in OIRA: 03/19/2014
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	05/31/2017	36 Months From Approved	05/31/2014
Responses	800,500	0	800,500
Time Burden (Hours)	200,125	0	200,125
Cost Burden (Dollars)	0	0	0

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Abstract: Bonds are used to assure that duties, taxes, charges, penalties, and reimbursable expenses owed to the Government are paid; to facilitate the movement of cargo and conveyances through CBP processing; and to provide legal recourse for the Government for noncompliance with laws and regulations. Each person who is required by law or regulation to post a bond in order to secure a Customs transaction must submit the bond on CBP Form 301. Surety bonds are usually executed by an agent of the surety. The surety company grants authority to the agent via a Corporate Surety Power of Attorney, CBP Form 5297.

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Authorizing Statute(s): US Code: 19 USC 1608 Name of Law: Tariff Act of 1930
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	78 FR 75576	12/12/2013
30-day Notice:	Federal Register Citation:	Citation Date:
	79 FR 11816	03/03/2014
Did the Agency receive public comments on this ICR? Yes

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Number of Information Collection (IC) in this ICR: 2

IC Title	Form No.	Form Name
Proposed Customs Bond- Form 301 and Customs Bond Continuation Sheet Form 301A	301, 301A	Customs Bond ,   Addendum to CBP Form 301
Power of Attorney- Form 5297	5297	Coporate Surety Power of Attorney

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ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	800,500	800,500	0	0	0	0
Annual Time Burden (Hours)	200,125	200,125	0	0	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement:

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Annual Cost to Federal Government: $7,740,514

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 03/19/2014

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