Respondents are fishermen holding Fishing Vessel Capital Construction Fund (FBCCF) agreements. The FVCCF is a tax-deferral program for fishing vessel construction, acquisition, or reconstruction. Information collected on the NOAA Form 34-82 is used in checking for respondents' compliance with program requirements and for inconsistencies in their reporting of program-related adjustments to their income. Deposit and withdrawal information is also required, by statute, to be annually reported to the Secretary of Treasury.
US Code:
46 USC 1111
Name of Law: Merchant Marine Act of 1936
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:
(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;
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.