Department of the Treasury
Information Collection Request – Justification for Non-Substantive Change
Air Carrier Loan and Payroll Support Programs
OMB No. 1505-0263
Jan 8, 2021
Treasury requests a non-substantive change of OMB Control No. 1505-0263 in order to add a new instrument: the Payroll Support Program Extension (PSP2) Application Online Portal. This application was described and the burden for it estimated in the previously approved revision of 1505-0263, however the online portal was not sufficiently developed in time to include the screenshots in the previous revision. Along with the inclusion of this new instrument, Treasury is requesting approval for the full burden estimated in the previously approved supporting statement and copied for reference below.
Reporting |
# Respondents |
# Responses Per Respondent
|
Total annual Responses |
Hours per response |
Total Burden in Hours |
Cost to Respondent ($49.54 per hour*) |
PSP2 Applications and Agreements |
570 |
1 |
570 |
2 |
1,140 |
$56,476 |
PSP2 Applications for Certain PSP1 Participants |
30 |
1 |
30 |
1 |
30 |
$1486 |
Loan Program, PSP1, and PSP2 Compliance Reporting and Recordkeeping |
1,100 |
4 |
4,400 |
4 |
17,600 |
$871,904 |
TOTAL |
1,700 |
|
5,000 |
|
18,770 |
$929,866 |
* Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, Accountants and Auditors, on the Internet at https://www.bls.gov/ooh/business-and-financial/accountants-and-auditors.htm (visited December 28, 2020). Base wage of $34.40/hour increased by 44% to account for fully-loaded employer cost of employee compensation (benefits, etc.)
File Type | application/vnd.openxmlformats-officedocument.wordprocessingml.document |
Author | Clark, Spencer |
File Modified | 0000-00-00 |
File Created | 2021-05-28 |