🚢Request for Comments on Uniform Financial Reporting Requirements
Request for Comments on the Renewal of a Previously Approved Collection: Uniform Financial Reporting Requirements
Summary
The Maritime Administration (MARAD) invites public comments on our intention to request approval from the Office of Management and Budget (OMB) to renew an information collection in accordance with the Paperwork Reduction Act of 1995. The proposed collection OMB 2133-0005 (Uniform Financial Reporting Requirements) is used to evaluate the financial condition of entities borrowing funds from or receiving financial benefits from MARAD. Since the last renewal, the public burden for this collection was updated to include mailing costs for respondents. We are required to publish this notice in the Federal Register to obtain comments from the public and affected agencies.
Agencies
- Transportation Department
- Maritime Administration
Business Impact
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The document pertains to the renewal of information collection for Uniform Financial Reporting Requirements which affects businesses receiving financial assistance from the Maritime Administration. These requirements directly impact vessel owners/managers, who must comply with updated reporting obligations that could affect their financial conditions and borrowing prospects.