2020-21586. Agency Information Collection Activities:  

  • Start Preamble

    Importation Bond Structure

    AGENCY:

    U.S. Customs and Border Protection (CBP), Department of Homeland Security.

    ACTION:

    30-Day notice and request for comments; extension of an existing collection of information.

    SUMMARY:

    The Department of Homeland Security, U.S. Customs and Border Protection will be submitting the following information collection request to the Office of Management and Budget (OMB) for review and approval in accordance with the Paperwork Reduction Act of 1995 (PRA). The information collection is published in the Federal Register to obtain comments from the public and affected agencies. Comments are encouraged and must be submitted (no later than October 30, 2020) to be assured of consideration.

    ADDRESSES:

    Written comments and recommendations for the proposed information collection should be sent within 30 days of publication of this notice to 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.

    Start Further Info

    FOR FURTHER INFORMATION CONTACT:

    Requests for additional PRA information should be directed to Seth Renkema, Chief, Economic Impact Analysis Branch, U.S. Customs and Border Protection, Office of Trade, Regulations and Rulings, 90 K Street NE, 10th Floor, Washington, DC 20229-1177, Telephone number 202-325-0056 or via email CBP_PRA@cbp.dhs.gov. Please note that the contact information provided here is solely for questions regarding this notice. Individuals seeking information about other CBP programs should contact the CBP National Customer Service Center at 877-227-5511, (TTY) 1-800-877-8339, or CBP website at https://www.cbp.gov/​.

    End Further Info End Preamble Start Supplemental Information

    SUPPLEMENTARY INFORMATION:

    CBP invites the general public and other Federal agencies to comment on the proposed and/or continuing information collections pursuant to the Paperwork Reduction Act of 1995 (44 U.S.C. 3501 et seq.). This proposed information collection was previously published in the Federal Register (Volume 85 FR Page 40307) on July 6, 2020, allowing for a 60-day comment period. This notice allows for an additional 30 days for public comments. This process is conducted in accordance with 5 CFR 1320.8. Written comments and suggestions from the public and affected agencies should address one or more of the following four points: (1) Whether the proposed collection of information is necessary for the proper performance of the functions of the agency, including whether the information will have practical utility; (2) the accuracy of the agency's estimate of the burden of the proposed collection of information, including the validity of the methodology and assumptions used; (3) suggestions to enhance the quality, utility, and clarity of the information to be collected; and (4) suggestions to minimize the burden of the collection of information on those who are to respond, including through the use of appropriate automated, electronic, mechanical, or other technological collection techniques or other forms of information technology, e.g., permitting electronic submission of responses. The comments that are submitted will be summarized and included in the request for approval. All comments will become a matter of public record.

    Overview of This Information Collection

    Title: Importation Bond Structure.

    OMB Number: 1651-0050.

    Form Number: CBP Forms 301 and 5297.

    Current Actions: This submission is being made to extend the expiration date with no change to the burden hours or to the information collected.

    Type of Review: Extension (without change).

    Affected Public: Businesses.

    Abstract: Bonds are used to ensure that duties, taxes, charges, penalties, and reimbursable expenses owed to the Government are paid; to facilitate the movement of cargo and conveyances through CBP processing; and to provide legal recourse for the Government for noncompliance with laws and regulations. Bonds are required pursuant to 19 U.S.C. 1608, and 1623; 22 U.S.C. 463; 19 CFR part 113.

    Each person who is required by law or regulation to post a bond in order to Start Printed Page 61763secure a Customs transaction must submit the bond on CBP Form 301 which is available at: https://www.cbp.gov/​newsroom/​publications/​forms?​title=​301​=​Apply.

    Surety bonds are usually executed by an agent of the surety. The surety company grants authority to the agent via a Corporate Surety Power of Attorney, CBP Form 5297. This power is vested with CBP so that when a bond is filed, the validity of the authority of the agent executing the bond and the name of the surety can be verified to the surety's grant. CBP Form 5297 is available at: https://www.cbp.gov/​document/​forms/​form-5297-corporate-surety-power-attorney.

    Form 301, Customs Bond

    Estimated Number of Annual Respondents: 750,000.

    Total Number of Estimated Annual Responses: 750,000.

    Estimated time per Response: 15 minutes.

    Estimated Total Annual Burden Hours: 187,500.

    Form 5297, Corporate Surety Power of Attorney

    Estimated Number of Respondents: 500.

    Total Number of Estimated Annual Responses: 500.

    Estimated Time per Response: 15 minutes.

    Estimated Total Annual Burden Hours: 125.

    Start Signature

    Dated: September 25, 2020.

    Seth D. Renkema,

    Branch Chief, Economic Impact Analysis Branch, U.S. Customs and Border Protection.

    End Signature End Supplemental Information

    [FR Doc. 2020-21586 Filed 9-29-20; 8:45 am]

    BILLING CODE 9111-14-P

Document Information

Published:
09/30/2020
Department:
Homeland Security Department
Agency:
U.S. Customs and Border Protection
EntryType:
Notice
Action:
30-Day notice and request for comments; extension of an existing collection of information.
Document Number:
2020-21586
Pages:
61762-61763 (2 pages)
Docket Numbers:
1651-0050
SectionNoes:
PDF File:
2020-21586.pdf