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Start Preamble
The Department of Commerce will submit to the Office of Management and Budget (OMB) for clearance the following proposal for collection of information under the provisions of the Paperwork Reduction Act (44 U.S.C. chapter 35).
Agency: U.S. Census Bureau.
Title: Quarterly Summary of State and Local Government Tax Revenue.
OMB Control Number: 0607-0112.
Form Number(s): F-71, F-72, F-73.
Type of Request: Revision of a currently approved collection.
Burden Hours: 8,011.
Number of Respondents: 7,384.
Average Hours per Response: 16 and a half minutes.
Needs and Uses: The U.S. Census Bureau requests a revision to the Quarterly Summary of State and Local Government Tax Revenues to ensure accurate collection of information about state and local government tax collections. The revision consists of a new survey universe and modifications to the collection instrument for the F-73 portion of the program. Previously, the F-73 Form collected information on 11 types of tax revenues. That number is being reduced to three (general sales, personal income, and corporate income). The universe for the F-73 Form will also be reduced. With the change in the survey universe and collection instrument, the F-73 component is being renamed to the Quarterly Survey of Selected Non-Property Taxes from the current Quarterly Survey of Non-Property Taxes.
State and local government tax collections, amounting to nearly $1.4 trillion annually, constitute approximately 43 percent of all governmental revenues. Quarterly measurement of, and reporting on, these fund flows provides valuable insight into trends in the national economy and that of individual states. Information collected on the type and quantity of taxes collected gives comparative data on how the various levels of government fund their public sector obligations.
The Census Bureau uses the three forms covered by this statement to collect state and local government tax data for this data series established in 1962. Tax collection data are used to measure economic activity for the Nation as a whole, as well as for comparison among the states. These data are also used in comparing the mix of taxes employed by individual states and in determining the revenue raising capacity of different types of taxes in different state-areas.
Key users of these data include the Bureau of Economic Analysis, the Federal Reserve Board, and the Department of Housing and Urban Development who rely on these data to provide the most current information on the financial status of state and local governments. These data are included in the quarterly estimates of the National Income and Product Accounts developed by the Bureau of Economic Analysis and the Department of Housing and Urban Development has used the property tax data as one of nine cost Start Printed Page 40098indicators for developing Section 8 rent adjustments. Legislators, policy makers, administrators, analysts, economists, and researchers use these data to monitor trends in public sector revenues. Journalists, teachers, and students use these data as well.
Affected Public: State, local or Tribal governments.
Frequency: Quarterly.
Respondent's Obligation: Voluntary.
Legal Authority: Title 13 U.S.C., Section 182.
OMB Desk Officer: Brian Harris-Kojetin, (202) 395-7314.
Copies of the above information collection proposal can be obtained by calling or writing Jennifer Jessup, Departmental Paperwork Clearance Officer, (202) 482-0336, Department of Commerce, Room 6616, 14th and Constitution Avenue NW., Washington, DC 20230 (or via the Internet at jjessup@doc.gov).
Written comments and recommendations for the proposed information collection should be sent within 30 days of publication of this notice to Brian Harris-Kojetin, OMB Desk Officer either by fax (202-395-7245) or email (bharrisk@omb.eop.gov).
Start SignatureDated: June 28, 2013.
Gwellnar Banks,
Management Analyst, Office of the Chief Information Officer.
[FR Doc. 2013-15990 Filed 7-2-13; 8:45 am]
BILLING CODE 3510-07-P
Document Information
- Published:
- 07/03/2013
- Department:
- Commerce Department
- Entry Type:
- Notice
- Document Number:
- 2013-15990
- Pages:
- 40097-40098 (2 pages)
- PDF File:
- 2013-15990.pdf