[Federal Register Volume 79, Number 82 (Tuesday, April 29, 2014)]
[Notices]
[Page 23930]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-09671]
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DEPARTMENT OF COMMERCE
Submission for OMB Review; Comment Request
The Department of Commerce will submit to the Office of Management
and Budget (OMB) for clearance the following proposal for collection of
information under the provisions of the Paperwork Reduction Act (44
U.S.C. Chapter 35).
Agency: Bureau of Industry and Security (BIS).
Title: Five-Year Records Retention Requirement for Export
Transactions and Boycott Actions.
OMB Control Number: 0694-0096.
Form Number(s): N/A.
Type of Request: Regular submission (extension of a currently
approved information collection).
Number of Respondents: 1,800,412.
Average Hours per Response: 1 minute.
Burden Hours: 30,007.
Needs and Uses: All parties involved in export transactions and the
U.S. party involved in a boycott action are required to maintain
records of these activities for a period of five years. These records
may be retained in an electronic format or in paper form and include
export control documents and other documents described in Section 762
of the Export Administration Regulations (EAR). The five-year record
retention period corresponds with the five-year statute of limitations
for criminal actions brought under the International Emergency Economic
Powers Act, the Export Administration Act of 1979 and predecessor acts,
and the five-year statute for administrative compliance proceedings.
Without this authority, potential violators could discard records
demonstrating violations of the EAR prior to the expiration of the
five-year statute of limitations.
Affected Public: Businesses and other for-profit organizations.
Frequency: On occasion.
Respondent's Obligation: Required to obtain benefits.
This information collection request may be viewed at reginfo.gov.
Follow the instructions to view Department of Commerce collections
currently under review by OMB.
Written comments and recommendations for the proposed information
collection should be sent within 30 days of publication of this notice
to [email protected] or fax to (202) 395-5806.
Dated: April 23, 2014.
Gwellnar Banks,
Management Analyst, Office of the Chief Information Officer.
[FR Doc. 2014-09671 Filed 4-28-14; 8:45 am]
BILLING CODE 3510-33-P