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According to the Paperwork Reduction Act of 1995, an agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a valid OMB control
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The Paperwork Reduction Act is a law that aims to reduce the burden of federal paperwork on individuals and businesses by streamlining the process of collecting information.
Federal agencies are required to file paperwork reduction act when they propose collecting information from the public or businesses.
To fill out paperwork reduction act, agencies must submit a request to the Office of Management and Budget (OMB) explaining the purpose of the information collection and how it will be used.
The purpose of paperwork reduction act is to minimize the paperwork burden on the public, optimize the efficiency of information collection, and ensure that the information collected is necessary for government operations.
Agencies must report the purpose of the information collection, the estimated burden on the public, the estimated cost to respondents, and the justification for collecting the information.
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