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OMB Control Number: 18100698 Expiration: XX/XX/XXXXPaperwork Burden Statement According to the Paperwork Reduction Act of 1995, no persons are required to respond to a collection of information unless
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Individuals or organizations who are required to report or disclose information related to a burden or responsibility
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The paperwork burden statement is a document that discloses the estimated time and costs required to comply with a specific federal regulation or reporting requirement.
Certain federal agencies, organizations, or individuals may be required to file a paperwork burden statement based on the specific regulation or reporting requirement.
The paperwork burden statement is typically filled out by providing detailed information on the time, costs, and resources needed to comply with the regulation. This information may be obtained through surveys, interviews, or research.
The purpose of the paperwork burden statement is to provide transparency and accountability regarding the regulatory burdens imposed on businesses, individuals, and other entities.
The paperwork burden statement must include details on the estimated time required to comply with the regulation, the costs associated with compliance, and any other resources needed.
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