82 FR 20903 - Agency Information Collection Activities: Importation Bond Structure

DEPARTMENT OF HOMELAND SECURITY
U.S. Customs and Border Protection

Federal Register Volume 82, Issue 85 (May 4, 2017)

The Department of Homeland Security, U.S. Customs and Border Protection will be submitting the following information collection request to the Office of Management and Budget (OMB) for review and approval in accordance with the Paperwork Reduction Act of 1995. The information collection is published in the Federal Register to obtain comments from the public and affected agencies.

[Federal Register Volume 82, Number 85 (Thursday, May 4, 2017)]
[Notices]
[Pages 20903-20904]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-09033]


-----------------------------------------------------------------------

DEPARTMENT OF HOMELAND SECURITY

U.S. Customs and Border Protection

[1651-0050]


Agency Information Collection Activities: Importation Bond 
Structure

AGENCY: U.S. Customs and Border Protection (CBP), Department of 
Homeland Security.

ACTION: 30-day notice and request for comments; Extension of an 
existing collection of information.

-----------------------------------------------------------------------

SUMMARY: The Department of Homeland Security, U.S. Customs and Border 
Protection will be submitting the following information collection 
request to the Office of Management and Budget (OMB) for review and 
approval in accordance with the Paperwork Reduction Act of 1995. The 
information collection is published in the Federal Register to obtain 
comments from the public and affected agencies.

DATES: Comments are encouraged and will be accepted (no later than June 
5, 2017) to be assured of consideration.

ADDRESSES: Interested persons are invited to submit written comments on 
this proposed information collection to the Office of Information and 
Regulatory Affairs, Office of Management and Budget. Comments should be 
addressed to the OMB Desk Officer for Customs and Border Protection, 
Department of Homeland Security, and sent via electronic mail to 
[email protected] or faxed to (202) 395-5806.

FOR FURTHER INFORMATION CONTACT: Requests for additional information 
should be directed to the CBP Paperwork Reduction Act Officer, U.S. 
Customs and Border Protection, Office of Trade, Regulations and 
Rulings, Economic Impact Analysis Branch, 90 K Street NE., 10th Floor, 
Washington, DC 20229-1177, or via email [email protected]. Please 
note that the contact information provided here is solely for questions 
regarding this notice. Individuals seeking information about other CBP 
programs should contact the CBP National Customer Service Center at 
877-227-5511, (TTY) 1-800-877-8339, or CBP Web site at https://www.cbp.gov/.

SUPPLEMENTARY INFORMATION: CBP invites the general public and other 
Federal agencies to comment on the proposed and/or continuing 
information collections pursuant to the Paperwork Reduction Act of 1995 
(44 U.S.C. 3501 et seq). This proposed information collection was 
previously published in the Federal Register (82 FR 9751) on February 
8, 2017, allowing for a 60-day comment period. This notice allows for 
an additional 30 days for public comments. This process is conducted in 
accordance with 5 CFR 1320.10. Written comments and suggestions from 
the public and affected agencies should address one or more of the 
following four points: (1) Whether the proposed collection of 
information is necessary for the proper performance of the functions of 
the agency, including whether the information will have practical 
utility; (2) the accuracy of the agency's estimate of the burden of the 
proposed collection of information, including the validity of the 
methodology and assumptions used; (3) suggestions to enhance the 
quality, utility, and clarity of the information to be collected; and 
(4) suggestions to minimize the burden of the collection of information 
on those who are to respond, including through the use of appropriate 
automated, electronic, mechanical, or other technological collection 
techniques or other forms of information technology, e.g., permitting 
electronic submission of responses. The comments that are submitted 
will be summarized and included in the request for approval. All 
comments will become a matter of public record.

Overview of This Information Collection

    Title: Importation Bond Structure.
    OMB Number: 1651-0050.
    Form Number: CBP Forms 301 and 5297.
    Current Actions: This submission is being made to extend the 
expiration

[[Page 20904]]

date with no change to the burden hours or to the information 
collected.
    Type of Review: Extension (without change).
    Affected Public: Businesses.
    Abstract: Bonds are used to ensure that duties, taxes, charges, 
penalties, and reimbursable expenses owed to the Government are paid; 
to facilitate the movement of cargo and conveyances through CBP 
processing; and to provide legal recourse for the Government for 
noncompliance with laws and regulations. Each person who is required by 
law or regulation to post a bond in order to secure a Customs 
transaction must submit the bond on CBP Form 301 which is available at: 
https://www.cbp.gov/newsroom/publications/forms?title=301&=Apply.
    Surety bonds are usually executed by an agent of the surety. The 
surety company grants authority to the agent via a Corporate Surety 
Power of Attorney, CBP Form 5297. This power is vested with CBP so that 
when a bond is filed, the validity of the authority of the agent 
executing the bond and the name of the surety can be verified to the 
surety's grant. CBP Form 5297 is available at: https://www.cbp.gov/document/forms/form-5297-corporate-surety-power-attorney. Bonds are 
required pursuant to 19 U.S.C.1608, and 1623; 22 U.S.C. 463; 19 CFR 
part 113.

Form 301, Customs Bond

    Estimated Number of Annual Respondents: 800,000.
    Total Number of Estimated Annual Responses: 800,000.
    Estimated time per Response: 15 minutes.
    Estimated Total Annual Burden Hours: 200,000.

Form 5297, Corporate Surety Power of Attorney

    Estimated Number of Respondents: 500.
    Total Number of Estimated Annual Responses: 500.
    Estimated Time per Response: 15 minutes.
    Estimated Total Annual Burden Hours: 125.

    Dated: May 1, 2017.
Seth Renkema,
Branch Chief, Economic Impact Analysis Branch, U.S. Customs and Border 
Protection.
[FR Doc. 2017-09033 Filed 5-3-17; 8:45 am]
 BILLING CODE 9111-14-P