28 Jan 2025

⚖️FTC Seeks Comments on Alternative Fuels Rule Compliance Requirements

Agency Information Collection Activities; Proposed Collection; Comment Request; Extension

Summary

In accordance with the Paperwork Reduction Act of 1995 (PRA), the Federal Trade Commission (FTC or Commission) is seeking public comment on its proposal to extend for an additional three years the Office of Management and Budget clearance for information collection requirements contained in the Alternative Fuels Rule (Rule). This clearance expires on April 30, 2025.

Agencies

  • Federal Trade Commission

Business Impact ?

$$ - Med

The text involves compliance and regulatory requirements related to the Alternative Fuels Rule, impacting approximately 9,092 businesses. These businesses must meet specific labeling, recordkeeping, and certification obligations. The estimated annual burden includes labor costs of $103,337 and non-labor costs of $1,350, which directly affect the financial planning and operational procedures of these companies.

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