Reporting Requirements for Responsible Investment in Burma

OMB Control No: 1405-0209	ICR Reference No: 201605-1405-006
Status: Historical Active	Previous ICR Reference No: 201302-1405-001
Agency/Subagency: STATE/AFA	Agency Tracking No:
Title: Reporting Requirements for Responsible Investment in Burma
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved with change	Conclusion Date: 06/29/2016
Retrieve Notice of Action (NOA)	Date Received in OIRA: 05/24/2016
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	06/30/2019	36 Months From Approved	06/30/2016
Responses	90	0	50
Time Burden (Hours)	2,790	0	1,050
Cost Burden (Dollars)	0	0	0

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Abstract: OFAC General License 17 authorizing new investment in Burma requires U.S. persons to make annual reports to the U.S. State Department on policies/procedures related to anti-corruption, human rights, worker rights, and environmental due diligence. A non-business confidential version of this report will be made available for public review. This information will help the USG assess whether current engagement policies are advancing its foreign policy goals to address the national Pm••rop·n~v• with respect to Burma.

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Authorizing Statute(s): EO: EO 13047 Name/Subject of EO: Prohibiting New Investment in Burma    US Code: 50 USC 1701, 1702(a)(1), 1702(a)(2) Name of Law: International Emergency Economic Powers Act

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	80 FR 73867	11/25/2015
30-day Notice:	Federal Register Citation:	Citation Date:
	81 FR 30597	05/17/2016
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 Reporting Requirements on Responsible Investment in Burma

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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	90	50	0	40	0	0
Annual Time Burden (Hours)	2,790	1,050	0	1,740	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

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

Burden Reduction Due to:

Short Statement: More respondents this year as opposed to three years ago – more comments on the Reporting Requirements in this notice and comment period were received.

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Annual Cost to Federal Government: $4,415

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

Agency Contact: Jennifer Stein 202 663-3299

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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: 05/24/2016

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