Class I Railroad Annual Report (EP 720)

Forms and Documents

Document Name	Status
Form R-1 Class I Railroad Annual Report Form and Instruction	Modified
EP 720 PRA Supporting Statement - Final Rule.pdf Supporting Statement A	2016-04-06
Form R-1 (EP 720 2016).pdf Supplementary Document	2016-02-02
49 CFR 1242.pdf Supplementary Document	2012-05-25
49 CFR 1241.pdf Supplementary Document	2012-05-24
49 USCODE 11145.pdf Supplementary Document	2012-05-24

IC Document Collections

IC ID	Document Title	Status
26937	Class I Railroad Annual Report Form and Instruction	Modified

ICR Details

OMB Control No: 2140-0009	ICR Reference No: 201601-2140-002
Status: Historical Active	Previous ICR Reference No: 201209-2140-009
Agency/Subagency: STB	Agency Tracking No:
Title: Class I Railroad Annual Report (EP 720)
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 12/02/2016
	Date Received in OIRA: 04/06/2016
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	12/31/2019	36 Months From Approved	12/31/2016
Responses	7	0	7
Time Burden (Hours)	5,600	0	5,600
Cost Burden (Dollars)	28	0	28

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Abstract: Annual reports are required to be filed by Class I railroads (currently seven), which have revenues in excess of 250 million dollars, under 49 U.S.C. 11145. Reports are used to monitor and assess railroad industry growth, financial stability, traffic, and operations and to identify industry changes that may affect national transportation policy. Reports are also used to fulfill various statutory requirements under the Interstate Commerce Act. The Board is adopting final rules to update certain accounting and reporting requirements related to this report.

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Authorizing Statute(s): US Code: 49 USC 11145 Name of Law: Interstate Commerce Act
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
2140-AB18	Final or interim final rulemaking	81 FR 19904	04/06/2016

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Federal Register Notices & Comments

Did the Agency receive public comments on this ICR? Yes

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Class I Railroad Annual Report	R-1	Class I Railroad Annual Report

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ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	7	7	0	0	0	0
Annual Time Burden (Hours)	5,600	5,600	0	0	0	0
Annual Cost Burden (Dollars)	28	28	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement:

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Annual Cost to Federal Government: $3,625

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).

The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(i) Why the information is being collected;

(ii) Use of information;

(iii) Burden estimate;

(iv) Nature of response (voluntary, required for a benefit, or mandatory);

(v) Nature and extent of confidentiality; and

(vi) Need to display currently valid OMB control number;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.

Certification Date: 04/06/2016

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