[Federal Register Volume 85, Number 119 (Friday, June 19, 2020)]
[Notices]
[Page 37150]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-13219]


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DEPARTMENT OF TRANSPORTATION

Maritime Administration

[Docket No. MARAD-2020-0084]


Request for Comments on the Approval of a Previously Approved 
Information Collection: Application for Construction Reserve Fund and 
Annual Statements (CRF)

AGENCY: Maritime Administration, DOT.

ACTION: Notice and request for comments.

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SUMMARY: The Maritime Administration (MARAD) invites public comments on 
our intention to request the Office of Management and Budget (OMB) 
approval to renew an information collection. The information to be 
collected is required in order for MARAD to determine whether the 
applicant is qualified for the benefits of the CRF program. We are 
required to publish this notice in the Federal Register by the 
Paperwork Reduction Act of 1995.

DATES: Comments must be submitted on or before August 18, 2020.

ADDRESSES: You may submit comments [identified by Docket No. MARAD-
2020-0084] through one of the following methods:
     Federal eRulemaking Portal: http://www.regulations.gov. 
Search using the above DOT docket number and follow the online 
instructions for submitting comments.
     Fax: 1-202-493-2251.
     Mail or Hand Delivery: Docket Management Facility, U.S. 
Department of Transportation, 1200 New Jersey Avenue SE, West Building, 
Room W12-140, Washington, DC 20590, between 9 a.m. and 5 p.m., Monday 
through Friday, except on Federal holidays.
    Comments are invited on: (a) Whether the proposed collection of 
information is necessary for the Department's performance; (b) the 
accuracy of the estimated burden; (c) ways for the Department to 
enhance the quality, utility and clarity of the information collection; 
and (d) ways that the burden could be minimized without reducing the 
quality of the collected information. The agency will summarize and/or 
include your comments in the request for OMB's clearance of this 
information collection.

FOR FURTHER INFORMATION CONTACT: Daniel Ladd, 202-366-1859, Office of 
Financial Approvals, Maritime Administration, U.S. Department of 
Transportation, 1200 New Jersey Avenue SE, Washington, DC 20590.

SUPPLEMENTARY INFORMATION:
    Title: Application for Construction Reserve Fund (CRF) and Annual 
Statements.
    OMB Control Number: 2133-0032.
    Type of Request: Renewal of a previously approved collection.
    Abstract: The Construction Reserve Fund (CRF), authorized by 46 
U.S.C. Chapter 533, is a financial assistance program which provides 
tax deferral benefits to U.S.-flag operators. Eligible parties can 
defer the gain attributable to the sale or loss of a vessel, provided 
the proceeds are used to expand or modernize the U.S. merchant fleet. 
The primary purpose of the CRF is to promote the construction, 
reconstruction, reconditioning, or acquisition of merchant vessels 
which are necessary for national defense and to the development of U.S. 
commerce.
    Respondents: Citizens who own or operate vessels in the U.S. 
foreign or domestic commerce who desire tax benefits under the CRF 
program must respond.
    Affected Public: Owners or operators of vessels in the domestic or 
foreign commerce.
    Estimated Number of Respondents: 17.
    Estimated Number of Responses: 17.
    Estimated Hours per Response: 9 Hours.
    Annual Estimated Total Annual Burden Hours: 153.
    Frequency of Response: Annually.

(Authority: The Paperwork Reduction Act of 1995; 44 U.S.C. Chapter 
35, as amended; and 49 CFR 1.93.)
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    Dated: June 15, 2020.

    By Order of the Maritime Administrator.
T. Mitchell Hudson, Jr.,
Secretary, Maritime Administration.
[FR Doc. 2020-13219 Filed 6-18-20; 8:45 am]
BILLING CODE 4910-81-P