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December 29, 2021 Newswires
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Treasury Department Seeks Info Collection: Annual Letters–Certificate of Authority and Admitted Reinsurer

Targeted News Service

WASHINGTON, Dec. 29 -- The U.S. Department of Treasury has asked the Office of Management and Budget to approve an information collection entitled "Annual Letters--Certificate of Authority and Admitted Reinsurer."

A Dec. 29, 2021, notice published in the Federal Register by NAME TITLE AT THE BOTTOM, opens a 30-day public comment period.

SUPPLEMENTARY INFORMATION:

Bureau of the Fiscal Service (BFS)

1. Title: Annual Letters--Certificate of Authority (A) and Admitted Reinsurer (B).

OMB Control Number: 1530-0014.

Type of Review: Extension without change of a currently approved collection.

Description: Annual letters sent to insurance companies providing surety bonds to protect the U.S. or companies providing reinsurance to the U.S. Information needed for renewal of certified companies and their underwriting limitations, and of admitted reinsurers.

Form: Annual Letter to Executive Officers of Surety Companies Reporting to the Treasury (A) and the Annual Letter to Executive Officers of Companies Recognized by the Treasury as Admitted Reinsurers of Surety Companies Doing Business with the United States Government (B).

Affected Public: Individuals and households.

Estimated Number of Respondents: 341.

Frequency of Response: Annually.

Estimated Total Number of Annual Responses: 341.

Estimated Time per Response: 18 hours, 45 minutes.

Estimated Total Annual Burden Hours: 6,394. Start Printed Page 74233

2. Title: Request for Payment of Federal Benefit by Check, EFT Waiver Form.

OMB Control Number: 1530-0019.

Type of Review: Extension without change of a currently approved collection.

Description: 31 CFR part 208 requires that all Federal non-tax payments be made by electronic funds transfer (EFT). This form is used to collect information from individuals requesting a waiver from the EFT requirement because of a mental impairment and/or who live in a remote geographic location that does not support the use of EFT. These individuals may continue to receive payment by check. However, 31 CFR part 208 requires individuals requesting one of these waiver conditions to submit a written justification.

Form: FS Form 1201W, FS Form 1201W (SP), FS Form 1201W-DFAS.

Affected Public: Individuals and households.

Estimated Number of Respondents: 3,250.

Frequency of Response: On Occasion.

Estimated Total Number of Annual Responses: 3,250.

Estimated Time per Response: 20 minutes.

Estimated Total Annual Burden Hours: 1,083.

3. Title: Claim For Lost, Stolen or Destroyed U.S. Savings Bonds and Supplemental Statement For U.S. Securities.

OMB Control Number: 1530-0021.

Type of Review: Extension without change of a currently approved collection.

Description: The information is necessary to apply for relief on account of the loss, theft, or destruction of United States Savings Bonds or the non-receipt of United States Securities.

Form: FS Form 1048, FS Form 2243.

Affected Public: Individuals and households.

Estimated Number of Respondents: 72,000.

Frequency of Response: On Occasion.

Estimated Total Number of Annual Responses: 72,000.

Estimated Time per Response: 17 minutes.

Estimated Total Annual Burden Hours: 20,352.

4. Title: Request by Fiduciary for Reissue of United States Savings Bonds.

OMB Control Number: 1530-0035.

Type of Review: Extension without change of a currently approved collection.

Description: One or more fiduciaries (individual or corporate) must use this form to establish entitlement and request distribution of United States Treasury Securities and/or related payments to the person lawfully entitled due to termination of a trust, distribution of an estate, attainment of majority, restoration to competency, or other reason.

Form: FS Form 1455.

Affected Public: Individuals and households.

Estimated Number of Respondents: 9,500.

Frequency of Response: On Occasion.

Estimated Total Number of Annual Responses: 9,500.

Estimated Time per Response: 30 minutes.

Estimated Total Annual Burden Hours: 4,750.

Authority: 44 U.S.C. 3501 et seq.

Dated: December 23, 2021.

Spencer W. Clark,

Treasury PRA Clearance Officer.

[FR Doc. 2021-28304 Filed 12-28-21; 8:45 am]

BILLING CODE 4810-AS-P900

* * *

Complete text: https://www.federalregister.gov/documents/2021/12/29/2021-28304/agency-information-collection-activities-submission-for-omb-review-comment-request-multiple-fiscal

TARGETED NEWS SERVICE (founded 2004) features non-partisan 'edited journalism' news briefs and information for news organizations, public policy groups and individuals; as well as 'gathered' public policy information, including news releases, reports, speeches. For more information contact MYRON STRUCK, editor, [email protected], Springfield, Virginia; 703/304-1897; https://targetednews.com

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