81 FR 40849 - Submission for OMB Review; Comment Request

DEPARTMENT OF COMMERCE

Federal Register Volume 81, Issue 121 (June 23, 2016)

Page Range40849-40849
FR Document2016-14838

Federal Register, Volume 81 Issue 121 (Thursday, June 23, 2016)
[Federal Register Volume 81, Number 121 (Thursday, June 23, 2016)]
[Notices]
[Page 40849]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-14838]


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DEPARTMENT OF COMMERCE


Submission for OMB Review; Comment Request

    The Department of Commerce will submit to the Office of Management 
and Budget (OMB) for clearance the following proposal for collection of 
information under the provisions of the Paperwork Reduction Act (44 
U.S.C. chapter 35).
    Agency: U.S. Census Bureau.
    Title: Quarterly Summary of State and Local Government Tax 
Revenues.
    OMB Control Number: 0607-0112.
    Form Number(s): F-71, F-72, F-73.
    Type of Request: Revision of a currently approved collection.
    Number of Respondents: 7,351.
    Average Hours per Response: F-71--5 minutes; F-72--30 minutes; F-
73--20 minutes.
    Burden Hours: 7,978.
    Needs and Uses: State and local government tax collections, 
amounting to nearly $1.4 trillion annually, constitute approximately 43 
percent of all governmental revenues. Quarterly measurement of, and 
reporting on, these fund flows provides valuable insight into trends in 
the national economy and that of individual states. Information 
collected on the type and quantity of taxes collected gives comparative 
data on how the various levels of government fund their public sector 
obligations.
    The Census Bureau conducts the Quarterly Summary of State & Local 
Government Tax Revenues (Q-Tax Survey) to provide quarterly estimates 
of state and local government tax revenue at a national level, as well 
as detailed tax revenue data for individual states. It serves as a 
timely source of tax data for many data users and policy makers and is 
the most current information available on a nationwide basis for 
government tax collections. There are three components to the Q-Tax 
Survey. The first component is the Quarterly Survey of Property Tax 
Collections (F-71), which collects property tax data from local 
governments. The second component is the Quarterly Survey of State Tax 
Collections (F-72), which collects data comprised of 25 different tax 
categories for all 50 states. The third component is the Quarterly 
Survey of Selected Non-Property Taxes (F-73), which collects local tax 
revenue data for three taxes: sales and gross receipts taxes, 
individual income taxes, and corporation net income taxes.
    The Census Bureau requests a change from paper forms to all-
electronic data collection methods for the Q-Tax Survey. The Quarterly 
Survey of Property Tax Collections (F-71) and Quarterly Survey of 
Selected Non-Property Taxes (F-73) components will be collected 
electronically via Centurion, the Census Bureau's primary online 
reporting system. For the Quarterly Survey of State Tax Collections (F-
72) component, respondents will be emailed a spreadsheet to fill out 
and return electronically.
    The Census Bureau conducts the three components of the Q-Tax Survey 
to collect state and local government tax data for this data series 
established in 1962. Tax collection data are used to measure economic 
activity for the Nation as a whole, as well as for comparison among the 
states. These data are also used in comparing the mix of taxes employed 
by individual states and in determining the revenue raising capacity of 
different types of taxes in different states.
    Key users of these data include the Bureau of Economic Analysis 
(BEA), the Federal Reserve Board (FRB), and the Department of Housing 
and Urban Development (HUD) who rely on these data to provide the most 
current information on the financial status of state and local 
governments. These data are included in the quarterly estimates of the 
National Income and Product Accounts developed by BEA. HUD has used the 
property tax data as one of nine cost indicators for developing Section 
8 rent adjustments. Legislators, policy makers, administrators, 
analysts, economists, and researchers use these data to monitor trends 
in public sector revenues. Journalists, teachers, and students use 
these data as well for their research purposes.
    Affected Public: State, local, or Tribal government.
    Frequency: Quarterly.
    Respondent's Obligation: Voluntary.
    Legal Authority: Title 13 U.S.C., Sections 161 and 182.
    This information collection request may be viewed at 
www.reginfo.gov. Follow the instructions to view Department of Commerce 
collections currently under review by OMB.
    Written comments and recommendations for the proposed information 
collection should be sent within 30 days of publication of this notice 
to [email protected] or fax to (202) 395-5806.

    Dated: June 17, 2016.
Glenna Mickelson,
Management Analyst, Office of the Chief Information Officer.
[FR Doc. 2016-14838 Filed 6-22-16; 8:45 am]
 BILLING CODE 3510-07-P


Current View
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
FR Citation81 FR 40849 

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