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[Federal Register Volume 89, Number 241 (Monday, December 16, 2024)]
[Notices]
[Page 101688]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-29537]

[[Page 101688]]

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DEPARTMENT OF TRANSPORTATION

Maritime Administration

[Docket No. MARAD-2024-0158]

Request for Comments on the Renewal of a Previously Approved 
Collection: Application for Construction Reserve Fund and Annual 
Statements (CRF)

AGENCY: Maritime Administration, DOT.

ACTION: Notice.

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SUMMARY: The Maritime Administration (MARAD) invites public comments on 
our intention to request the Office of Management and Budget (OMB) 
approval to renew an information collection in accordance with the 
Paperwork Reduction Act of 1995. The proposed collection OMB 2133-0032 
(Application for Construction Reserve Fund (CRF) and Annual Statements) 
is used to evaluate an applicant's eligibility for CRF program 
benefits. There was a reduction in the public burden since the last 
renewal. We are required to publish this notice in the Federal Register 
to obtain comments from the public and affected agencies.

ADDRESSES: Written comments and recommendations for the proposed 
information collections should be sent within 30 days of publication of 
this notice to www.reginfo.gov/public/do/PRAMain. Find this information 
collection by selecting ``Currently under 30-day Review--Open for 
Public Comments'' or by using the search function.

FOR FURTHER INFORMATION CONTACT: David M. Gilmore, Director, 202-366-
5737, Office of Marine Financing, Maritime Administration, U.S. 
Department of Transportation, 1200 New Jersey Avenue SE, Washington, DC 
20590, Email: [email protected].

SUPPLEMENTARY INFORMATION: 
    Title: Application for Construction Reserve Fund Program (CRF).
    OMB Control Number: 2133-0032.
    Type of Request: Extension of a previously approved collection.
    Abstract: The Construction Reserve Fund Program (CRF), authorized 
by 46 U.S.C. chapter 533, is a financial assistance program which 
provides tax deferral benefits to U.S.-flag operators. Eligible parties 
can defer the gain attributable to the sale or loss of a vessel, 
provided the proceeds are used to expand or modernize the U.S. merchant 
fleet. The primary purpose of the CRF is to promote the construction, 
reconstruction, reconditioning, or acquisition of merchant vessels 
which are necessary for national defense and to the development of U.S. 
commerce.
    Respondents: Citizens who own or operate vessels in the U.S. 
foreign or domestic commerce who desire tax benefits under the CRF must 
respond.
    Affected Public: Owners or operators of vessels in the domestic or 
foreign commerce.
    Estimated Number of Respondents: 10.
    Estimated Number of Responses: 10.
    Estimated Hours per Response: 9.
    Annual Estimated Total Annual Burden Hours: 90.
    Frequency of Response: Once Annually.
    A 60-day Federal Register Notice soliciting comments on this 
information collection was published on October 1, 2024 (89 FR 80011) 
in the Federal Register indicating comments should be submitted by 
December 2, 2024. No comments were received.

(Authority: The Paperwork Reduction Act of 1995; 44 U.S.C. chapter 
35, as amended; and 49 CFR 1.49.)

    By Order of the Maritime Administrator.
T. Mitchell Hudson, Jr.,
Secretary, Maritime Administration.
[FR Doc. 2024-29537 Filed 12-13-24; 8:45 am]
BILLING CODE 4910-81-P
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