2020-12852. Agency Information Collection Activities; Submission to the Office of Management and Budget (OMB) for Review and Approval; Comment Request; 5-Year Record Retention Requirement for Export and Boycott Transactions
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Start Preamble
The Department of Commerce will submit the following information collection request to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, on or after the date of publication of this notice. We invite the general public and other Federal agencies to comment on proposed, and continuing information collections, which helps us assess the impact of our information collection requirements and minimize the public's reporting burden. Public comments were previously requested via the Federal Register on 4/6/2020 during a 60-day comment period. This notice allows for an additional 30 days for public comments.
Agency: Bureau of Industry and Security.Start Printed Page 36186
Title: 5-Year Record Retention Requirement for Export and Boycott Transactions.
OMB Control Number: 0694-0096.
Form Number(s): None.
Type of Request: Extension of a current information collection.
Number of Respondents: 100,000.
Average Hours Per Response: 1 Second to 1 Minute.
Burden Hours: 258.
Needs and Uses: This collection is necessary under Sections 760 and 762.6(a) of the Export Administration Regulations (EAR). The five-year retention requirement corresponds with the statute of limitations for violations and is necessary to preserve potential evidence for investigations. All parties involved in the export, reexport, transshipment or diversion of items subject to the EAR and the U.S. party involved in the export transaction involving a reportable boycott request are required to maintain records of these activities for a period of five years. The frequency depends upon how often each entity is involved in an export transaction or one involving a reportable boycott request.
Affected Public: Business or other for-profit organizations.
Frequency: On Occasion.
Respondent's Obligation: Voluntary.
Legal Authority: Export Control Reform Act 4812(b) and 4814(b)(1)(B).
This information collection request may be viewed at www.reginfo.gov. Follow the instructions to view the Department of Commerce collections currently under review by OMB.
Written comments and recommendations for the proposed information collection should be submitted within 30 days of the publication of this notice on the following website www.reginfo.gov/public/do/PRAMain. Find this particular information collection by selecting “Currently under 30-day Review—Open for Public Comments” or by using the search function and entering either the title of the collection or the OMB Control Number 0694-0096.
Start SignatureSheleen Dumas,
Department PRA Clearance Officer, Office of the Chief Information Officer, Commerce Department.
[FR Doc. 2020-12852 Filed 6-12-20; 8:45 am]
BILLING CODE 3510-33-P
Document Information
- Published:
- 06/15/2020
- Department:
- Industry and Security Bureau
- Entry Type:
- Notice
- Document Number:
- 2020-12852
- Pages:
- 36185-36186 (2 pages)
- PDF File:
- 2020-12852.pdf