8 Aug 2025
📑Agency Request for Comments on Qualified Trust Model Certificates
Agency Information Collection Activities; Information Collection Renewal; Comment Request for Qualified Trust Model Certificates and Model Trust Documents
Summary
After this second round notice, the Office of Government Ethics (OGE) plans to request that the Office of Management and Budget (OMB) renew its approval under the Paperwork Reduction Act of an existing information collection, consisting of twelve model certificates and model documents for qualified trusts.
Agencies
- Government Ethics Office
Business Impact
$$ - Med
The document outlines compliance requirements for executive branch officials regarding qualified trusts to avoid conflicts of interest, thereby impacting business owners in regulated industries about their fiduciary responsibilities. The average annual cost burden of $36,000 adds a financial implication for those seeking to establish these trusts.