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Federal forms, ICRs, and supporting documents

Information Collection Request

Brewer's Bond and Brewer's Bond Continuation Certificate/Brewer's Collateral Bond and Brewer's Collateral Bond Continuation Certificate

ICR 201612-1513-003 · OMB 1513-0015 · Historical Inactive

Forms and Documents
DocumentTypeStatusAvailability
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
IC IDCollectionTypeStatusForm
181218 Brewer's Collateral Bond Continuation Certificate Modified
181217 Brewer's Collateral Bond Modified
181216 Brewer's Bond Continuation Certificate Modified
181214 Brewer's Bond Modified
ICR Details
1513-0015 201612-1513-003
Historical Inactive 201403-1513-003
TREAS/TTB PATH (Bonds) 3/9
Brewer's Bond and Brewer's Bond Continuation Certificate/Brewer's Collateral Bond and Brewer's Collateral Bond Continuation Certificate
Revision of a currently approved collection   No
Emergency 12/30/2016
Preapproved 12/29/2016
Retrieve Notice of Action (NOA) 12/22/2016
  Inventory as of this Action Requested Previously Approved
06/30/2017 6 Months From Approved 09/30/2017
652 0 1,524
422 0 990
0 0 0
The Internal Revenue Code requires brewers to give a bond to protect the revenue and to ensure compliance with the requirements of law and regulations, and the Continuation Certificate is used to renew the bond every 4 years after the initial bond is obtained. Bonds and continuation certificate are required by law and are necessary to protect government interests in the excise tax revenues that brewers pay.
This information collection is being revised in relation to a TTB temporary rule that we are issuing in response to the Protecting Americans from Tax Hikes Act of 2015 (PATH Act; Division Q of Pub. Law 114–113). This rulemaking implements section 332 of the PATH Act, which amends the Internal Revenue Code to change Federal excise tax return due dates and remove bond requirements for certain eligible taxpayers. These statutory changes are effective January 1, 2017, and as a result, TTB is requesting emergency approval of this revised information collection.
US Code: 26 USC 7101 Name of Law: Internal Revenue Code
   US Code: 26 USC 5401 Name of Law: Internal Revenue Code
  
PL: Pub.L. 114 - 113 332 (Div. Q) Name of Law: PATH Act
1513-AC30 Final or interim final rulemaking
No
4
IC Title Form No. Form Name
Brewer's Bond Continuation Certificate TTB F 5130.23
Brewer's Bond TTB F 5130.22
Brewer's Collateral Bond Continuation Certificate TTB F 5130.27
Brewer's Collateral Bond TTB F 5130.25
  Total Request 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 652 1,524 -536 -336 0 0
Annual Time Burden (Hours) 422 990 -362 -206 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
Yes
Changing Regulations
TTB is making program changes associated with this information collection to implement the bond exemption under the PATH Act. TTB is amending its regulations to reference the bond exemption under the IRC at 26 U.S.C. 5551(d). As for adjustments, the number of brewers regulated by TTB has increased to 6,298. However, under the new bond exemption, TTB estimates that only 1,341 brewers will be required to file the forms.
$630
No
No
No
No
No
Uncollected
Benjamin Birkhill 202 453-2268 [email protected]
  No
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.
12/22/2016