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[Federal Register Volume 89, Number 225 (Thursday, November 21, 2024)]
[Notices]
[Pages 92088-92089]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-27331]

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DEPARTMENT OF COMMERCE

Economic Development Administration

Agency Information Collection Activities; Submission to the 
Office of Management and Budget (OMB) for Review and Approval; Comment 
Request; Property Management Requirements

AGENCY: Economic Development Administration, Department of Commerce.

ACTION: Notice of information collection, request for comment.

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SUMMARY: The Department of Commerce, in accordance with the Paperwork 
Reduction Act of 1995 (PRA), invites the general public and other 
Federal agencies to comment on proposed, and continuing information 
collections, which helps us assess the impact of our information 
collection requirements and minimize the public's reporting burden. The 
purpose of this notice is to allow for 60 days of public comment 
preceding submission of the collection to OMB.

DATES: To ensure consideration, comments regarding this proposed 
information collection must be received on or before January 21, 2025.

ADDRESSES: Interested persons are invited to submit written comments by 
mail to Jeff Roberson, Chief Counsel, U.S. Department of Commerce, via 
email at [email protected] or via phone at (202) 482-1315. You may also 
submit comments to [email protected]. Please reference OMB Control 
Number 0610-0103 in the subject line of your comments. Do not submit 
Confidential Business Information or otherwise sensitive or protected 
information.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
specific questions related to collection activities should be directed 
to Jeff Roberson, Chief Counsel, U.S. Department of Commerce, via email 
at [email protected] or via phone at (202) 482-1315.

SUPPLEMENTARY INFORMATION:

I. Abstract

    The Economic Development Administration (EDA) leads the Federal 
economic development agenda by promoting innovation and 
competitiveness, preparing American

[[Page 92089]]

regions for growth and success in the worldwide economy. Guided by the 
basic principle that sustainable economic development should be locally 
driven, EDA works directly with communities and regions to help them 
build the capacity for economic development based on local business 
conditions and needs. The Public Works and Economic Development Act of 
1965 (PWEDA) (42 U.S.C. 3121 et seq.) is EDA's organic authority and is 
the primary legal authority under which EDA awards financial 
assistance. Under PWEDA, EDA provides financial assistance to both 
rural and urban distressed communities by fostering entrepreneurship, 
innovation, and productivity through investments in infrastructure 
development, capacity building, and business development to attract 
private capital investments and new and better jobs to regions 
experiencing economic distress. Further information on EDA programs and 
financial assistance opportunities can be found at www.eda.gov.
    To effectively administer and monitor its economic development 
assistance programs, EDA collects certain information from applications 
for, and recipients of, EDA investment assistance. First, this 
collection of information allows EDA to determine whether an incidental 
use of property acquired or improved with EDA investment assistance is 
appropriate. Pursuant to 13 CFR part 314.3(g), an incidental use of 
property: (1) does not interfere with the scope of the project or the 
economic purpose for which the investment was made; (2) provided that 
the recipient is in compliance with applicable law and the terms and 
conditions of the investment assistance, and (3) the incidental use of 
the property will not violate the terms and conditions of the 
investment assistance or otherwise adversely affect the economic useful 
life of the property. A recipient must request in writing EDA's 
approval to undertake an incidental use of property acquired or 
improved with EDA's investment assistance pursuant to.
    Second, this collection of information allows EDA to determine 
whether to release its real property or tangible personal property 
interests. If a recipient wishes for EDA to release its real property 
or tangible personal property interests before the expiration of the 
property's estimated useful life, the recipient must submit a written 
request to EDA. Pursuant to 13 CFR 314.10(c), the recipient must 
disclose to EDA the intended future use of the property for which the 
release is requested.
    This information collection is scheduled to expire on January 31, 
2024. EDA is not proposing any changes to the current information 
collection request.

II. Method of Collection

    Property management requests are collected primarily through 
electronic submissions but may also be collected through paper 
submission.

III. Data

    OMB Control Number: 0610-0103.
    Form Number(s): None.
    Type of Review: Regular submission; Extension of a currently 
approved collection.
    Affected Public: Current recipients of EDA awards, including: (1) 
cities or other political subdivisions of a state, including a special 
purpose unit of state or local government engaged in economic or 
infrastructure development activities; (2) states; (3) institutions of 
higher education; (4) public or private non-profit organizations or 
associations; (5) District Organizations; and (6) Indian Tribes.
    Estimated Number of Respondents: 150 (54 incidental use requests 
and 96 requests to release EDA's property interest each year).
    Estimated Time per Response: Each request takes an estimated 45 
minutes initially, with an estimated two hours to provide additional 
documentation or respond to follow-up questions, if necessary.
    Estimated Total Annual Burden Hours: 412.50.

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                                                   Number of requests     Hours per request     Total estimated
                 Type of request                       (estimated)           (estimated)         burden hours
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Incidental use request..........................                    54                  2.75               148.5
Release request.................................                    96                  2.75                 264
                                                 ---------------------------------------------------------------
    Total.......................................  ....................  ....................               412.5
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    Estimated Total Annual Cost to Public: $28,298 (cost assumes 
application of U.S. Bureau of Labor Statistics September 2024 hourly 
employer costs for employee compensation for professional and related 
occupations of $68.60).
    Respondent's Obligation: Mandatory.
    Legal Authority: The Public Works and Economic Development Act of 
1965 (42 U.S.C. 3121 et seq.).

IV. Request for Comments

    We are soliciting public comments to permit the Department/Bureau 
to: (a) Evaluate whether the proposed information collection is 
necessary for the proper functions of the Department, including whether 
the information will have practical utility; (b) Evaluate the accuracy 
of our estimate of the time and cost burden for this proposed 
collection, including the validity of the methodology and assumptions 
used; (c) Evaluate ways to enhance the quality, utility, and clarity of 
the information to be collected; and (d) Minimize the reporting burden 
on those who are to respond, including the use of automated collection 
techniques or other forms of information technology.
    Comments that you submit in response to this notice are a matter of 
public record. We will include or summarize each comment in our request 
to OMB to approve this ICR. Before including your address, phone 
number, email address, or other personal identifying information in 
your comment, you should be aware that your entire comment--including 
your personal identifying information--may be made publicly available 
at any time. While you may ask us in your comment to withhold your 
personal identifying information from public review, we cannot 
guarantee that we will be able to do so.

Sheleen Dumas,
Departmental PRA Clearance Officer, Office of the Under Secretary for 
Economic Affairs, Commerce Department.
[FR Doc. 2024-27331 Filed 11-20-24; 8:45 am]
BILLING CODE 3510-34-P
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