Civil & Administrative

U.S. Treasury Department Submits Multiple Information Collection Requests to OMB for Review

🇺🇸United States··Notice·Low Impact·View source ↗

AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.

🇬🇧 English

The U.S. Department of the Treasury has announced it will submit multiple information collection requests to the Office of Management and Budget (OMB) for review and clearance under the Paperwork Reduction Act of 1995. These submissions cover various Departmental Offices and are initiated on or after March 31, 2026. The Paperwork Reduction Act requires federal agencies to obtain OMB approval before collecting information from the public, businesses, or other entities. This process ensures that data collection efforts are necessary, non-duplicative, and minimize the burden on respondents. Members of the public are invited to submit comments on these information collection requests during the designated review period. Comments can address the necessity of the information, the accuracy of burden estimates, ways to enhance quality or reduce burden, and other relevant considerations. This is a procedural administrative notice and does not itself impose new regulatory requirements. Its primary effect is to notify stakeholders of pending data collection activities and open a public comment window as required by law.

AI-generated summary. May contain errors. Refer to official sources for legal decisions.

Key Changes

  • Treasury Department initiates OMB submission of multiple information collection requests on or after March 31, 2026
  • Public comment period opened for all included Departmental Offices information collection requests
  • Review conducted under Paperwork Reduction Act of 1995 requirements

+ 2 more changes with Pro

Obligations

What this law requires

high

Submit information collection requests to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995 on or after March 31, 2026

U.S. Department of the Treasury and its Departmental Offices
reporting
high

Obtain OMB approval before collecting information from the public, businesses, or other entities

U.S. Department of the Treasury
licensing
medium

Ensure data collection efforts are necessary, non-duplicative, and minimize the burden on respondents

U.S. Department of the Treasury
operational
medium

Provide a public comment period during the designated review period for information collection requests

U.S. Department of the Treasury
disclosure

Affected Parties

General public responding to Treasury data collection formsU.S. businesses subject to Treasury reporting requirements+3 more…

Tags

OMB review,Paperwork Reduction Act,information collection