Parent Company Definition for
TRI Reporting (Final Rule)
New
collection (Request for a new OMB Control Number)
No
Regular
10/21/2022
Requested
Previously Approved
36 Months From Approved
153,630
0
17,833
0
0
0
This ICR addresses the paperwork
requirements in a final rule titled Parent Company Definition for
TRI Reporting that is not already included in the currently
approved ICR “Chemical Release Reporting,” which covers the current
40 CFR part 372. The Environmental Protection Agency (EPA) is
developing a rule under section 313 of the Emergency Planning and
Community Right-to-Know Act (EPCRA) that codifies reporting the
highest-level U.S.-based parent company and adds a new data element
to Part I, Section 5 for reporting the name of a foreign company in
addition to reporting the largest U.S.-based parent company. An
economic analysis (EA) provides estimations of the burden and costs
associated with the reporting requirements and can be found in the
rulemaking docket.
Burden results for new rule to
codify TRI parent company definition, including an additional data
element on TRI reporting forms for reporting the highest-level
foreign parent company, when applicable. Higher costs are incurred
in the first year following the effective date of the rule compared
to subsequent years.
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.