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Federal Register / Vol. 90, No. 154 / Wednesday, August 13, 2025 / Notices

Notification to Interested Parties
We are issuing and publishing these
results in accordance with sections
751(a)(1) and 777(i)(1) of the Act, 19
CFR 351.213(h)(2), and 19 CFR
351.221(b)(4).
Dated: August 5, 2025.
Christopher Abbott,
Deputy Assistant Secretary for Policy and
Negotiations, performing the non-exclusive
functions and duties of the Assistant
Secretary for Enforcement and Compliance.

Appendix
List of Topics Discussed in the Preliminary
Decision Memorandum
I. Summary
II. Background
III. Scope of the Order
IV. Discussion of Methodology
V. Currency Conversion
VI. Recommendation
[FR Doc. 2025–15383 Filed 8–12–25; 8:45 am]
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DEPARTMENT OF COMMERCE
National Oceanic and Atmospheric
Administration

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Agency Information Collection
Activities; Submission to the Office of
Management and Budget (OMB) for
Review and Approval; Comment
Request; Capital Construction Fund
Agreement, Certificate Family of Forms
and Deposit/Withdrawal Report
The Department of Commerce will
submit the following information
collection request to the Office of
Management and Budget (OMB) for
review and clearance in accordance
with the Paperwork Reduction Act of
1995, on or after the date of publication
of this notice. We invite the general
public and other Federal agencies to
comment on proposed, and continuing
information collections, which helps us
assess the impact of our information
collection requirements and minimize
the public’s reporting burden. Public
comments were previously requested
via the Federal Register on March 31,
2025 during a 60-day comment period.
This notice allows for an additional 30
days for public comments.
Agency: National Oceanic and
Atmospheric Administration,
Commerce.
Title: Capital Construction Fund
Agreement, Certificate Family of Forms
and Deposit/Withdrawal Report.
OMB Control Number: 0648–0041.
Form Number(s): NOAA Form 34–82
and 88–14.

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Type of Request: Regular submission
(extension of a current information
collection).
Number of Respondents: 1,225.
Average Hours per Response: Capital
Construction Fund: Deposit/Withdrawal
Report—2 hours; Family of Forms—1.5
hours; and Application/Agreement—2
hours.
Total Annual Burden Hours: 2,020
hours.
Needs and Uses: This is a request for
renewal of an approved information
collection. The Merchant Marine Act of
1936, as amended by Public Law 91–469
and Public Law 99–514, provides for the
administration of a Capital Construction
Fund (CCF) Program by NOAA’s
National Marine Fisheries Service
(NMFS). The law requires that
applicants enter into formal Agreements
with the Secretary of Commerce. The
Agreement allows the fishermen to defer
taxable income from operation of their
fishing vessels if the money is placed
into an account to fund the
construction, reconstruction, or
replacement of a fishing vessel. The
program requirements are detailed at 50
CFR part 259. The Agreement is a
contract between the Secretary of
Commerce and the Agreement holder
specifying the obligations of each party.
Schedule A specifies the vessel which
earned the income which is eligible for
deposit into a CCF account. Schedule B
specifies the construction, acquisition,
or reconstruction objectives planned
under the Agreement. The Certificate of
Construction/Reconstruction certifies
the total cost at completion of Schedule
B objectives.
Under a CCF Agreement, the
participant cannot deposit more than
the amount specified at 46 U.S.C. 53505.
NMFS must approve any withdrawals
made before they take place. It is
essential that a reasonably detailed
record be kept of each participant’s
deposit/withdrawal activity. If
withdrawn monies are not used for
allowed purposes, the withdrawn
amount (a nonqualified withdrawal) is
considered income to the participant in
the year withdrawn and taxed at the
highest marginal tax rate for the entity
involved.
Respondents will be commercial
fishing industry individuals,
partnerships, corporations and limited
liability companies which entered into
CCF agreements with the Secretary of
Commerce. The information collected
from applicants for the CCF Agreement
(NOAA Form 88–14) is used to
determine their eligibility to participate
in the CCF Program. The information
collected from agreement holders for the

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Certificate Family of Forms is used to
identify their program eligible vessels,
their program projects, to certify the cost
of a project at completion and to
determine the remaining tax basis of the
qualified vessel. The information
collected on the Deposit/Withdrawal
Report (NOAA Form 34–82) is required
to ensure that agreement holders are
complying with fund deposit/
withdrawal requirements established in
program regulations and properly
accounting for fund activity on their
Federal income tax returns. The
information collected on the Deposit/
Withdrawal Report must also be
reported semi-annually to the Secretary
of Treasury in accordance with Public
Law 115–97.
The information collection previously
listed as ‘CCF Family of Forms’ was
broken into five separate collections in
order to provide more granularity into
the collection. These are not new
requirements and do not change the
information collected, rather they
provide greater detail into the use and
frequency of the information collected.
Affected Public: Businesses.
Frequency: Once for Application and
Agreement, annually for Deposit/
Withdrawal Report, and varied for CCF
Family of Forms.
Respondent’s Obligation: Required to
Obtain or Retain Benefits.
Legal Authority: The Merchant Marine
Act of 1936, as amended by Public Law
91–469 and Public Law 99–514.
This information collection request
may be viewed at www.reginfo.gov.
Follow the instructions to view the
Department of Commerce collections
currently under review by OMB.
Written comments and
recommendations for the proposed
information collection should be
submitted within 30 days of the
publication of this notice on the
following website www.reginfo.gov/
public/do/PRAMain. Find this
particular information collection by
selecting ‘‘Currently under 30-day
Review—Open for Public Comments’’ or
by using the search function and
entering either the title of the collection
or the OMB Control Number 0648–0041.
Sheleen Dumas,
Departmental PRA Compliance Officer, Office
of the Under Secretary for Economic Affairs,
Commerce Department.
[FR Doc. 2025–15331 Filed 8–12–25; 8:45 am]
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