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Federal Register / Vol. 86, No. 169 / Friday, September 3, 2021 / Proposed Rules
to facilitate credit trades as well as simplified the organization of other types of credit transactions in addition to correctly performing the necessary mathematical calculations. Finally, the current collection also includes hours for manufacturers to provide pre-model year PMY and mid-model year MMY
CAFE reports to NHTSA and a standardized reporting template adopted in the April 30, 2020, final rule to help manufacturer submit these reports. PMY and MMY reports contain early projections of manufacturers vehicle and fleet level data demonstrating how they intend to comply with CAFE standards.
As part of this rulemaking, NHTSA is amending its previously approved collection for CAFE-related collections of information. NHTSA is proposing making changes to its reporting template for PMY and MMY reports and adding a new template for reporting the cost of credit trades and is proposing to add the burden hours for these changes to this collection.
Manufacturers identified several changes that were needed to the CAFE
reporting template to accommodate different types of vehicles which
NHTSA incorporated along with other functional changes.
Manufacturers have also expressed concern that disclosing trading terms may not be as simple as a spot purchase at a given price. As discussed in the April 30, 2020, final rule, manufacturers contend that a number of transactions for both CAFE and CO2 credits involve a range of complexity due to numerous factors that are reflective of the marketplace, such as the volume of credits, compliance category, credit expiration date, a sellers compliance strategy, and even the CAFE penalty rate in effect at that time. In addition, manufacturers have a range of partnerships and cooperative agreements with their own competitors.
Credit transactions can be an offshoot of these broader relationships, and difficult to price separately and independently. Thus, manufacturers argue that there may not be a reasonable, or even meaningful, presentation of market information in a transaction price. Therefore, NHTSA
has developed a new template for capturing the price of credit trades that includes certain monetary and nonmonetary terms of credit trading
contracts. NHTSA proposes that manufacturers start using the new template starting September 1, 2022.
Description of the Need for the Information and the Proposed Use of the Information: Regulated entities are required to respond to inquiries covered by this collection. 49 U.S.C. 32907. 49
CFR parts 525, 534, 536, and 537.
Affected Public: Respondents are manufacturers of engines and vehicles within the North American Industry Classification System NAICS and use the coding structure as defined by NAICS including codes 33611, 336111, 336112, 33631, 33631, 33632, 336320, 33635, and 336350 for motor vehicle and parts manufacturing.
Frequency of response: Variable, based on compliance obligation. Please see PRA supporting documentation in the docket for more detailed information.
Average burden time per response:
Variable, based on compliance obligation. Please see PRA supporting documentation in the docket for more detailed information.
Number of respondents: 23.
1. Estimated Total Annual Burden Hours and Costs
Table IX-2 - Estimated Burden for Reporting Requirements Manufacturer
lotter on DSK11XQN23PROD with PROPOSALS2

Prior Collection Current Collection Difference Public Comments Invited: You are asked to comment on any aspects of this information collection, including a whether the proposed collection of information is necessary for the proper performance of the functions of the Department, including whether the information will have practical utility;
b the accuracy of the Departments estimate of the burden of the proposed information collection; c ways to enhance the quality, utility and clarity of the information to be collected; and d ways to minimize the burden of the collection of information on respondents, including the use of automated collection techniques or other forms of information technology.
Please submit any comments, identified by the docket number in the heading of this document, by the methods described in the ADDRESSES
section of this document to NHTSA and
VerDate Sep<11>2014

21:48 Sep 02, 2021

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Government
Hours
Cost
Hours
Cost
4020.4
4286.7
266.3

$208,042.23
$224,964.52
$16,921.98

3,038.00
3,038.00
0

$141,246.78
$154,490.83
$13.244.05

OMB. Although comments may be submitted during the entire comment period, comments received within 30
days of publication are most useful.

List of Subjects in 49 CFR Parts 531, 533, 536, and 537

N. Privacy Act
Regulatory Text
In accordance with 5 U.S.C. 553c, NHTSA is soliciting comments from the public to inform the rulemaking process better. These comments will post, without edit, to www.regulations.gov, as described in DOTs systems of records notice, DOT/ALL14 FDMS, accessible through https www.transportation.gov/
individuals/privacy/privacy-act-systemrecords-notices. In order to facilitate comment tracking and response, NHTSA encourages commenters to provide their names or the names of their organizations; however, submission of names is completely optional.

For the reasons discussed in the preamble, the National Highway Traffic Safety Administration proposes to amend 49 CFR chapter V as follows:
1. Revise part 531 to read as follows:

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Fuel economy, Reporting and recordkeeping requirements.

PART 531PASSENGER
AUTOMOBILE AVERAGE FUEL
ECONOMY STANDARDS
Sec.
531.1 Scope.
531.2 Purpose.
531.3 Applicability.
531.4 Definitions.
531.5 Fuel economy standards.
531.6 Measurement and calculation procedures.

E:FRFM03SEP2.SGM

03SEP2

EP03SE21.205

Applies to: