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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 202010-1513-019 · OMB 1513-0015 · Received in OIRA

Forms and Documents
DocumentTypeStatusAvailability
Brewer's Collateral Bond Continuation Certificate Form and Instruction Modified Repair queued
Brewer's Collateral Bond Form and Instruction Modified Repair queued
Brewer's Bond Continuation Certificate Form and Instruction Modified Repair queued
Brewer's Bond Form and Instruction Modified Repair queued
1513-0015 Supporting Statement (11-2020)-1.docx Supporting Statement A Uploaded 2020-11-21 Repair queued
Permits Online Customer User Guide (TTB P 5020.06; 05-2015).pdf Supplementary Document Uploaded 2017-08-18 Repair queued
IC Document Collections
IC IDCollectionTypeStatusForm
181218 Brewer's Collateral Bond Continuation Certificate Form and Instruction Modified
181217 Brewer's Collateral Bond Form and Instruction Modified
181216 Brewer's Bond Continuation Certificate Form and Instruction Modified
181214 Brewer's Bond Form and Instruction Modified
ICR Details
1513-0015 202010-1513-019
Received in OIRA 201708-1513-009
TREAS/TTB ICN 80 - 2/19
Brewer's Bond and Brewer's Bond Continuation Certificate; Brewer's Collateral Bond and Brewer's Collateral Bond Continuation Certificate
Extension without change of a currently approved collection   No
Regular 11/25/2020
  Requested Previously Approved
36 Months From Approved 01/31/2021
224 652
189 422
448 0
In general, the Internal Revenue Code (IRC) at 26 U.S.C. 5401(b) requires brewers to execute a bond before starting business, subject to regulations issued by the Secretary and the exemptions for certain small brewers that are eligible to pay excise taxes on an annual or quarterly basis as provided under 26 U.S.C. 5551(d). Also under that section, brewers’ bonds expire every four years, and a brewer must provide a new bond or a continuation certificate extending the terms of an existing bond. Additionally, under the IRC at 26 U.S.C. 7101 and subject to regulations prescribed by the Secretary, a brewer may furnish a surety bond under which a surety company guarantees payment of the proprietor’s unpaid tax liabilities, or a brewer may submit a collateral bond backed by United States Treasury securities or notes. Under those IRC authorities, the TTB regulations in 27 CFR part 25 require brewers to file a surety bond using TTB F 5130.22, Brewer’s Bond, or a collateral bond backed by U.S. Treasury securities, notes, or cash using TTB F 5130.25, Brewer’s Collateral Bond. To continue an existing bond, a brewer may furnish a surety bond continuation certificate using TTB F 5130.23 or a collateral bond continuation certificate using TTB F 5130.27, as appropriate. The collected information is necessary to protect the revenue as the required bonds ensure payment of any delinquent excise tax liabilities.
US Code: 26 USC 5401 and 7101 Name of Law: Internal Revenue Code
  
None
Not associated with rulemaking
  85 FR 55067 09/03/2020
85 FR 75409 11/25/2020
No
  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 224 652 0 0 -428 0
Annual Time Burden (Hours) 189 422 0 0 -233 0
Annual Cost Burden (Dollars) 448 0 0 0 448 0
No
No
There are no program changes associated with this information collection at this time. As for adjustments, due to changes in agency estimates, TTB is decreasing the estimated number of respondents, responses, and burden hours associated with this information collection, from 652 annual respondents and responses to 224, and from 422 hours to 189. TTB attributes those decreases to the number of new and existing small brewers that are now exempt from the requirement to furnish or renew a brewer’s bond, as provided in 26 U.S.C. 5551(d).
$4,959
No
    Yes
    Yes
No
No
No
No
Selina Ferguson 202 453-1039 ext. 273 [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.
11/25/2020