Approved for 2
years as the agency works to develop a privacy impact assessment on
its electronic collection of information.
Inventory as of this Action
Requested
Previously Approved
11/30/2020
36 Months From Approved
11/30/2018
17
0
17
153
0
153
0
0
0
The Construction Reserve Fund (CRF),
authorized by 46 U.S.C. Chapter 533 (the Act), is a financial
assistance program which provides tax benefits to owners and
operators of U.S.-flag ships. The application is required from all
citizens who own or operate vessels in the U.S. foreign or domestic
commerce who desire 'tax' benefits under the CRF program. Annual
statements are required from each respondent. The information
provided in the application will be used by the Maritime
Administration (MARAD), Office of Financial Approvals, to determine
if an applicant qualified for the benefits. The annual statement is
used by MARAD to assure that account holders are satisfying the
requirements of the program and to keep agency leaders informed of
the scope and scale of use of the program. The collection is
reporting (not a survey).
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.