U.S. Treasury Department Submits Multiple Information Collection Requests to OMB for Review
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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.
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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
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
Obtain OMB approval before collecting information from the public, businesses, or other entities
Ensure data collection efforts are necessary, non-duplicative, and minimize the burden on respondents
Provide a public comment period during the designated review period for information collection requests