Agency Information Collection Activities; Proposed Collection; Comment Request; Capital Projects Fund Compliance Reporting, 66787-66788 [2022-24083]

Download as PDF khammond on DSKJM1Z7X2PROD with NOTICES Federal Register / Vol. 87, No. 213 / Friday, November 4, 2022 / Notices CDFI Fund must complete the CDFI Certification Application. The CDFI Fund is authorized by the Riegle Community Development Banking and Financial Institutions Act of 1994 (Pub. L. 103–325, 12 U.S.C. 4701 et seq.) (the Act). The regulations governing CDFI Certification are found at 12 CFR. 1805.201 (the Regulations). The significance of CDFI Certification has increased over the years, as the CDFI Certification status has come to serve as a qualifier for other federal government and private sector resources and benefits. Beginning in January 2017, through the issuance of a Request for Information, the CDFI Fund sought to review and update the CDFI Certification policies and procedures to ensure they continue to meet the statutory and regulatory requirements, are responsive to the evolving nature of the CDFI industry, and protect government resources. In May 2020, the CDFI Fund requested public comment on proposed revisions to the Application and reporting requirements for Certified CDFIs. As a result of comments received during that public comment period, the CDFI Fund made additional revisions to the proposed Certification Application. The revised certification policies and Application attempts both to provide the flexibility necessary for CDFIs to grow and to serve the hardest to reach distressed communities, and to maintain the integrity of what it means to be a certified CDFI from a mission perspective. In addition, where existing policy warranted changes, revisions were made to the Application and guidance to provide greater transparency and clarity around the criteria that entities must meet to obtain and maintain CDFI Certification. Form: CDFI Certification Application. Affected Public: Financial institutions. Estimated Number of Respondents: 1,532. Frequency of Response: Once. Estimated Total Number of Annual Responses: 1,532. Estimated Time per Response: 40 hours. Estimated Total Annual Burden Hours: 61,280. Authority: 44 U.S.C. 3501 et seq. Spencer W. Clark, Treasury PRA Clearance Officer. [FR Doc. 2022–24082 Filed 11–3–22; 8:45 am] BILLING CODE 4810–70–P VerDate Sep<11>2014 18:12 Nov 03, 2022 Jkt 259001 DEPARTMENT OF THE TREASURY [TREAS–DO–2022–0011] Agency Information Collection Activities; Proposed Collection; Comment Request; Capital Projects Fund Compliance Reporting Departmental Offices, U.S. Department of the Treasury. ACTION: Notice of information collection; request for comment. AGENCY: The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other federal agencies to comment on the information collections listed below, in accordance with the Paperwork Reduction Act of 1995. DATES: Written comments must be received on or before January 3, 2023. ADDRESSES: Send comments regarding the burden estimate, or any other aspect of the information collection, including suggestions for reducing the burden, by either of the following methods: • Electronically through https:// www.regulations.gov (preferred method): Search for Docket ID# TREAS– DO–2022–0011 and follow the instructions for submitting comments. Comments submitted electronically, including attachments will be posted to the docket unchanged. • Email: PRA@treasury.gov. FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be obtained from Spencer W. Clark by emailing PRA@treasury.gov, calling (202) 927–5331, or viewing the entire information collection request at www.regulations.gov. SUMMARY: SUPPLEMENTARY INFORMATION: Title: Coronavirus Capital Projects Fund. OMB Control Number: 1505–0277. Type of Review: Revision of a currently approved collection. Description: Section 604 of the Social Security Act (the ‘‘Act’’), as added by section 9901 of the American Rescue Plan Act of 2021, Public Law 117–2 (Mar. 11, 2021) established the Coronavirus Capital Projects Fund (‘‘CPF’’). The CPF provides $10 billion in funding for the U.S. Department of the Treasury (‘‘Treasury’’) to make payments according to a statutory formula to States (defined to include each of the 50 states, the District of Columbia, and Puerto Rico), seven territories and freely associated states (the United States Virgin Islands, Guam, American Samoa, the Commonwealth of the Northern Mariana Islands, the Republic of the Marshall Islands, the PO 00000 Frm 00149 Fmt 4703 Sfmt 4703 66787 Federated States of Micronesia, and the Republic of Palau), and Tribal governments 1 to carry out critical capital projects directly enabling work, education, and health monitoring, including remote options, in response to the public health emergency with respect to the Coronavirus Disease (COVID–19). The current information collection is being used to solicit information related to quarterly project and expenditure reports and annual performance reports submitted by CPF recipients that are states, territories, or freely associated states. For these recipients, the information collection is being renewed without changes. Treasury is adding to this information collection Compliance and Reporting Guidance that will be used to solicit information related to annual project, expenditure and performance reports submitted by CPF recipients that are Tribal governments. The Compliance and Reporting Guidance provides recipients with information needed to fulfill their reporting requirements and compliance obligations. Data is submitted to Treasury using a web-based portal and in accordance with specific data requirements. Project and expenditure reports must be submitted quarterly for the duration of the period of performance for States, territories, and freely associated states, and annually for the duration of the period of performance for Tribal governments. The project and expenditure report contains a set of standardized questions to ascertain the recipient’s use of funds received as of the date of reporting, as well as the status of individual projects. Treasury will make the data submitted by recipients publicly available. Performance reports must be submitted annually for all recipients for the duration of the period of performance. For states, territories, and freely associated states, the performance report will contain detailed performance data corresponding to the ‘‘Programs’’ specified previously in a recipient’s Grant Plan. This will include information on efforts to improve equity 1 An eligible Tribal government is the recognized governing body of any Indian or Alaska Native tribe, band, nation, pueblo, village, community, component band, or component reservation, individually identified (including parenthetically) in the list published most recently as of the date of enactment of this Act pursuant to section 104 of the Federally Recognized Indian Tribe List Act of 1994 (25 U.S.C. 5131). The State of Hawaii, for exclusive use of the Department of Hawaiian Home Lands and the Native Hawaiian Education Programs to assist Native Hawaiians, is also eligible to apply for funding under this funding category. E:\FR\FM\04NON1.SGM 04NON1 66788 Federal Register / Vol. 87, No. 213 / Friday, November 4, 2022 / Notices khammond on DSKJM1Z7X2PROD with NOTICES and engage communities. The performance report is largely freely written text, and while there are certain data and topics that recipients must cover in the performance report, it is mostly free-form written content. Recipients are required to publish the performance report on their website and provide the reports to Treasury. Treasury will make the performance reports and associated data submitted by recipients publicly available. For Tribal governments, the performance report will also be free-form written content, but is shorter and less detailed. Form: Compliance and Reporting Guidance for States, Territories, and Freely Associated States; Compliance and Reporting Guidance for Tribal Governments. Affected Public: State, Territorial, Freely Associated State, and Tribal governments receiving CPF grant funds. VerDate Sep<11>2014 18:12 Nov 03, 2022 Jkt 259001 Estimated Number of Respondents: 609. Frequency of Response: States, territories, and freely associated states: 4 times per year for project and expenditure reports, and 1 time per year for performance reports; Tribal governments: 1 time per year. Estimated Total Number of Annual Responses: 845. Estimated Time per Response: 62 hours for State project and expenditure reports. 80 hours for State performance reports. 50 hours for Tribal annual reports. Estimated Total Annual Burden Hours: 46,852. Request for Comments: Comments submitted in response to this notice will be summarized and included in the request for Office of Management and Budget approval. All comments will become a matter of public record. Comments are invited on: (a) whether PO 00000 Frm 00150 Fmt 4703 Sfmt 9990 the collection of information is necessary for the proper performance of the functions of the agency, including whether the information shall have practical utility; (b) the accuracy of the agency’s estimate of the burden of the collection of information; (c) ways to enhance the quality, utility, and clarity of the information to be collected; (d) ways to minimize the burden of the collection of information on respondents, including through the use of technology; and (e) estimates of capital or start-up costs and costs of operation, maintenance, and purchase of services required to provide information. Authority: 44 U.S.C. 3501 et seq. Spencer W. Clark, Treasury PRA Clearance Officer. [FR Doc. 2022–24083 Filed 11–3–22; 8:45 am] BILLING CODE 4810–AK–P E:\FR\FM\04NON1.SGM 04NON1

Agencies

[Federal Register Volume 87, Number 213 (Friday, November 4, 2022)]
[Notices]
[Pages 66787-66788]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-24083]


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DEPARTMENT OF THE TREASURY

[TREAS-DO-2022-0011]


Agency Information Collection Activities; Proposed Collection; 
Comment Request; Capital Projects Fund Compliance Reporting

AGENCY: Departmental Offices, U.S. Department of the Treasury.

ACTION: Notice of information collection; request for comment.

-----------------------------------------------------------------------

SUMMARY: The Department of the Treasury, as part of its continuing 
effort to reduce paperwork and respondent burden, invites the general 
public and other federal agencies to comment on the information 
collections listed below, in accordance with the Paperwork Reduction 
Act of 1995.

DATES: Written comments must be received on or before January 3, 2023.

ADDRESSES: Send comments regarding the burden estimate, or any other 
aspect of the information collection, including suggestions for 
reducing the burden, by either of the following methods:
     Electronically through https://www.regulations.gov 
(preferred method): Search for Docket ID# TREAS-DO-2022-0011 and follow 
the instructions for submitting comments. Comments submitted 
electronically, including attachments will be posted to the docket 
unchanged.
     Email: [email protected].

FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be 
obtained from Spencer W. Clark by emailing [email protected], calling 
(202) 927-5331, or viewing the entire information collection request at 
www.regulations.gov.

SUPPLEMENTARY INFORMATION: 
    Title: Coronavirus Capital Projects Fund.
    OMB Control Number: 1505-0277.
    Type of Review: Revision of a currently approved collection.
    Description: Section 604 of the Social Security Act (the ``Act''), 
as added by section 9901 of the American Rescue Plan Act of 2021, 
Public Law 117-2 (Mar. 11, 2021) established the Coronavirus Capital 
Projects Fund (``CPF''). The CPF provides $10 billion in funding for 
the U.S. Department of the Treasury (``Treasury'') to make payments 
according to a statutory formula to States (defined to include each of 
the 50 states, the District of Columbia, and Puerto Rico), seven 
territories and freely associated states (the United States Virgin 
Islands, Guam, American Samoa, the Commonwealth of the Northern Mariana 
Islands, the Republic of the Marshall Islands, the Federated States of 
Micronesia, and the Republic of Palau), and Tribal governments \1\ to 
carry out critical capital projects directly enabling work, education, 
and health monitoring, including remote options, in response to the 
public health emergency with respect to the Coronavirus Disease (COVID-
19).
---------------------------------------------------------------------------

    \1\ An eligible Tribal government is the recognized governing 
body of any Indian or Alaska Native tribe, band, nation, pueblo, 
village, community, component band, or component reservation, 
individually identified (including parenthetically) in the list 
published most recently as of the date of enactment of this Act 
pursuant to section 104 of the Federally Recognized Indian Tribe 
List Act of 1994 (25 U.S.C. 5131). The State of Hawaii, for 
exclusive use of the Department of Hawaiian Home Lands and the 
Native Hawaiian Education Programs to assist Native Hawaiians, is 
also eligible to apply for funding under this funding category.
---------------------------------------------------------------------------

    The current information collection is being used to solicit 
information related to quarterly project and expenditure reports and 
annual performance reports submitted by CPF recipients that are states, 
territories, or freely associated states. For these recipients, the 
information collection is being renewed without changes.
    Treasury is adding to this information collection Compliance and 
Reporting Guidance that will be used to solicit information related to 
annual project, expenditure and performance reports submitted by CPF 
recipients that are Tribal governments.
    The Compliance and Reporting Guidance provides recipients with 
information needed to fulfill their reporting requirements and 
compliance obligations. Data is submitted to Treasury using a web-based 
portal and in accordance with specific data requirements.
    Project and expenditure reports must be submitted quarterly for the 
duration of the period of performance for States, territories, and 
freely associated states, and annually for the duration of the period 
of performance for Tribal governments. The project and expenditure 
report contains a set of standardized questions to ascertain the 
recipient's use of funds received as of the date of reporting, as well 
as the status of individual projects. Treasury will make the data 
submitted by recipients publicly available.
    Performance reports must be submitted annually for all recipients 
for the duration of the period of performance. For states, territories, 
and freely associated states, the performance report will contain 
detailed performance data corresponding to the ``Programs'' specified 
previously in a recipient's Grant Plan. This will include information 
on efforts to improve equity

[[Page 66788]]

and engage communities. The performance report is largely freely 
written text, and while there are certain data and topics that 
recipients must cover in the performance report, it is mostly free-form 
written content. Recipients are required to publish the performance 
report on their website and provide the reports to Treasury. Treasury 
will make the performance reports and associated data submitted by 
recipients publicly available. For Tribal governments, the performance 
report will also be free-form written content, but is shorter and less 
detailed.
    Form: Compliance and Reporting Guidance for States, Territories, 
and Freely Associated States; Compliance and Reporting Guidance for 
Tribal Governments.
    Affected Public: State, Territorial, Freely Associated State, and 
Tribal governments receiving CPF grant funds.
    Estimated Number of Respondents: 609.
    Frequency of Response: States, territories, and freely associated 
states: 4 times per year for project and expenditure reports, and 1 
time per year for performance reports; Tribal governments: 1 time per 
year.
    Estimated Total Number of Annual Responses: 845.
    Estimated Time per Response: 62 hours for State project and 
expenditure reports. 80 hours for State performance reports. 50 hours 
for Tribal annual reports.
    Estimated Total Annual Burden Hours: 46,852.
    Request for Comments: Comments submitted in response to this notice 
will be summarized and included in the request for Office of Management 
and Budget approval. All comments will become a matter of public 
record. Comments are invited on: (a) whether the collection of 
information is necessary for the proper performance of the functions of 
the agency, including whether the information shall have practical 
utility; (b) the accuracy of the agency's estimate of the burden of the 
collection of information; (c) ways to enhance the quality, utility, 
and clarity of the information to be collected; (d) ways to minimize 
the burden of the collection of information on respondents, including 
through the use of technology; and (e) estimates of capital or start-up 
costs and costs of operation, maintenance, and purchase of services 
required to provide information.
    Authority: 44 U.S.C. 3501 et seq.

Spencer W. Clark,
Treasury PRA Clearance Officer.
[FR Doc. 2022-24083 Filed 11-3-22; 8:45 am]
BILLING CODE 4810-AK-P
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