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Reporting and Recordkeeping Requirements Under OMB Review

The Small Business Administration (SBA) is seeking approval from the Office of Management and Budget (OMB) for the information collection described below. In accordance with the...

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Small Business Administration

AGENCY:

Small Business Administration.

ACTION:

30-Day Notice.

SUMMARY:

The Small Business Administration (SBA) is seeking approval from the Office of Management and Budget (OMB) for the information collection described below. In accordance with the Paperwork Reduction Act and OMB procedures, SBA is publishing this notice to allow all interested member of the public an additional 30 days to provide comments on the proposed collection of information.

DATES:

Submit comments on or before August 15, 2022.

ADDRESSES:

Written comments and recommendations for this information collection request should be sent within 30 days of publication of this notice to www.reginfo.gov/public/do/PRAMain. Find this particular information collection request by selecting “Small Business Administration”; “Currently Under Review,” then select the “Only Show ICR for Public Comment” checkbox. This information collection can be identified by title and/or OMB Control Number.

FOR FURTHER INFORMATION CONTACT:

You may obtain a copy of the information collection and supporting documents from the Agency Clearance Office at Curtis.Rich@sba.gov; (202) 205-7030, or from www.reginfo.gov/public/do/PRAMain.

SUPPLEMENTARY INFORMATION:

SBA received funds under the American Rescue Plan Act of 2021 (ARP Act), Public Law 117-2, title V, sec. 5003 (March 11, 2021), to provide direct funds to Eating and Drinking establishments that meet certain conditions. Specifically, Section 5003 of the ARP Act establishes the Restaurant Revitalization Fund (RRF) program to provide direct funds of up to $10 million dollars and limited to $5 million dollars per location to certain eligible persons or entities: a restaurant, food stand, food truck, food cart, caterer, saloon, inn, tavern, bar, lounge, brewpub, tasting room, taproom, licensed facility or premise of a beverage alcohol producer where the public may taste, sample, or purchase products, or other similar place of business in which the public or patrons assemble for the primary purpose of being served food or drink. Section 5003(c)(6) of the ARP Act, SBA requires RRF recipients to submit post award reports to confirm that funds are used fully and in accordance with program requirements. Section 5003(c)(6) of the ARP Act also requires recipients to return to the Treasury any funds that the recipient did not use for allowable expenses by the end of the covered period, or if the recipient permanently ceased operations, not later than March 11, 2023.

Solicitation of Public Comments

Comments may be submitted on (a) whether the collection of information is necessary for the agency to properly perform its functions; (b) whether the burden estimates are accurate; (c) whether there are ways to minimize the burden, including through the use of automated techniques or other forms of information technology; and (d) whether there are ways to enhance the quality, utility, and clarity of the information.

OMB Control 3245-0424

Title: Restaurant Revitalization Fund Program Post Award Report.

Description of Respondents: Direct funding to Eating and Drinking establishments that meet certain conditions.

Form Number: SBA Form 3173.

Total Estimated Annual Responses: 101,104.

Total Estimated Annual Hour Burden: 65,653.

Curtis B. Rich,

Agency Clearance Officer.

[FR Doc. 2022-15142 Filed 7-14-22; 8:45 am]

BILLING CODE 8026-09-P

Legal Citation

Federal Register Citation

Use this for formal legal and research references to the published document.

87 FR 42533

Web Citation

Suggested Web Citation

Use this when citing the archival web version of the document.

“Reporting and Recordkeeping Requirements Under OMB Review,” thefederalregister.org (July 15, 2022), https://thefederalregister.org/documents/2022-15142/reporting-and-recordkeeping-requirements-under-omb-review.