📦Comment Request for Foreign-Trade Zones Applications Information Collection
Agency Information Collection Activities; Submission to the Office of Management and Budget (OMB) for Review and Approval; Comment Request; Foreign-Trade Zones Applications
Summary
The Department of Commerce, in accordance with the Paperwork Reduction Act of 1995 (PRA), invites 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. The purpose of this notice is to allow for 60 days of public comment preceding submission of the collection to OMB.
Agencies
- Commerce Department
- International Trade Administration
Business Impact
$$$ - High
The document outlines requirements for Foreign-Trade Zones (FTZ) applications, including necessary information for businesses seeking FTZ status, which has significant regulatory and financial implications regarding tariffs and trade operations. It emphasizes compliance with the FTZ Act and its impact on businesses' operational costs and procedures.