Real Property Current Market Value Estimate

Forms and Documents

Document Name	Status
Form SSA-L2794 Real Property Current Market Value Estimate Form	Modified
Supporting Statement - 0471.docx Supporting Statement A	2016-05-23

IC Document Collections

IC ID	Document Title	Status
9358	Real Property Current Market Value Estimate Form	Modified

ICR Details

OMB Control No: 0960-0471	ICR Reference No: 201602-0960-011
Status: Historical Active	Previous ICR Reference No: 201212-0960-008
Agency/Subagency: SSA	Agency Tracking No:
Title: Real Property Current Market Value Estimate
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: 08/17/2016
	Date Received in OIRA: 05/24/2016
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	08/31/2019	36 Months From Approved	08/31/2016
Responses	250	0	5,438
Time Burden (Hours)	83	0	1,813
Cost Burden (Dollars)	0	0	0

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Abstract: SSA considers an individual's resources when evaluating eligibility for SSI. The value of an individual's resources, including non-home real property, is one of the eligibility requirements for SSI. As part of initial applications and in post entitlement situations, SSA uses Form SSA-L2794 to obtain current market value estimates of the claimant's real property from individuals knowledgeable of real estate values. We allow respondents to use readily available records to complete the form, or we can accept their best estimates. The respondents are small business operators in real estate, State and local government employees tasked with assessing real property values, and other individuals knowledgeable about local real estate values.

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Authorizing Statute(s): US Code: 42 USC 1383 Name of Law: Procedure for Payment of Benefits
   US Code: 42 USC 1382 Name of Law: Eligibility for Benefits
  

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:
	81 FR 10699	03/01/2016
30-day Notice:	Federal Register Citation:	Citation Date:
	81 FR 31999	05/20/2016
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
Real Property Current Market Value Estimate	SSA-L2794	Real Prperty Current Market Value Estimate (revision)

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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	250	5,438	0	-5,188	0	0
Annual Time Burden (Hours)	83	1,813	0	-1,730	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

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

Burden Increase Due to:

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

Burden Reduction Due to: Miscellaneous Actions

Short Statement: The burden change stems from a decrease in the usage of the form from 5,438 to 250 per year. The public availability of data related to tax assessment value and market value of real property on the internet, and from data consolidators, resulted in a decrease in the number of requests we have to make to knowledgeable sources, thus decreasing our need for this form.

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Annual Cost to Federal Government: $1,750

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

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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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