Form 8931, Agricultural Chemicals Security Credit

Forms and Documents

Document Name	Status
Form 8931 Form 8931, Agricultural Chemicals Security Credit Form and Instruction	Modified
SUPPORTING STATEMENT.doc Supporting Statement A	2009-04-21
09 burden.PDF Supplementary Document	2009-04-21
Pages from PL 110-246.pdf Supplementary Document	2008-09-19
Expiration Explanation.rtf Supplementary Document	2008-09-18

IC Document Collections

IC ID	Document Title	Status
186651	Form 8931, Agricultural Chemicals Security Credit Form and Instruction	Modified

ICR Details

OMB Control No: 1545-2122	ICR Reference No: 200904-1545-013
Status: Historical Active	Previous ICR Reference No: 200809-1545-013
Agency/Subagency: TREAS/IRS	Agency Tracking No: ah-2122-013
Title: Form 8931, Agricultural Chemicals Security Credit
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: 06/24/2009
	Date Received in OIRA: 04/28/2009
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	06/30/2012	36 Months From Approved	06/30/2009
Responses	66,666	0	66,666
Time Burden (Hours)	389,330	0	311,330
Cost Burden (Dollars)	0	0	0

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Abstract: This is a new form for tax year 2008 in response to P.L. 110-246 Sec. 15343. To allow taxpayers to calculate credits against income tax allowed by new provisions in law.

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Authorizing Statute(s): PL: Pub.L. 110 - 246 15343 Name of Law: Food, Conservation, and Energy Act of 2008
  

Citations for New Statutory Requirements: PL: Pub.L. 110 - 246 15343 Name of Law: Food, Conservation, and Energy Act of 2008

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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:
	74 FR 4305	01/23/2009
30-day Notice:	Federal Register Citation:	Citation Date:
	74 FR 19275	04/28/2009
Did the Agency receive public comments on this ICR? No

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

IC Title	Form No.	Form Name
Form 8931, Agricultural Chemicals Security Credit	8931	Agricultural Chemicals Security Credit

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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	66,666	66,666	0	0	0	0
Annual Time Burden (Hours)	389,330	311,330	0	78,000	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: Changing Regulations

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

Burden Reduction Due to:

Short Statement: 4 line items and 1 code reference were added to the form to account for credits from flow-through entities and estates and trusts.

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Annual Cost to Federal Government: $7,500

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]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

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: 04/28/2009

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