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Capital Construction Fund Information Collection Renewal

Favicon for www.regulations.gov Regs.gov: Maritime Administration
Published April 29th, 2026
Detected March 31st, 2026
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Summary

The Maritime Administration (MARAD) published a notice in the Federal Register inviting public comments on its intention to renew OMB Control Number 2133-0027 for the Capital Construction Fund (CCF) information collection. The CCF program assists U.S.-flag vessel owners and operators in accumulating capital for ship modernization through tax-deferred deposits. MARAD estimates 160 respondents with 2,160 total annual burden hours.

What changed

MARAD is seeking public comments on renewing its Capital Construction Fund information collection (OMB 2133-0027) without changes. The collection consists of applications for CCF agreements under 46 U.S.C. chapter 535 and annual submissions of schedules and exhibits to verify eligibility and program compliance. The CCF enables vessel owners to defer federal income taxes on designated deposits for vessel construction, reconstruction, or acquisition. Since the last renewal, there has been a reduction in total respondents, responses, and burden hours.

Regulated entities, specifically U.S. citizens who own or lease eligible vessels and wish to establish or maintain a CCF program, should review the collection requirements and submit comments by May 29, 2026. Comments may address whether the collection is reasonable, the accuracy of estimated burden hours (2,160 annual hours across 160 respondents), and ways to enhance quality or reduce burden. Submissions should reference Docket No. MARAD-2026-0464 via regulations.gov or mail to the DOT Docket Management Facility.

What to do next

  1. Review current CCF program eligibility requirements and compliance obligations
  2. Evaluate whether the estimated burden hours (2,160 annually) accurately reflect your organization's reporting needs
  3. Submit comments to Docket No. MARAD-2026-0464 by May 29, 2026 if you wish to suggest modifications to the information collection

Source document (simplified)

Content

ACTION:

Notice and request for comments.

SUMMARY:

MARAD invites public comments on its intention to request Office of Management and Budget (OMB) approval to renew an information
collection in accordance with the Paperwork Reduction Act of 1995. The proposed collection OMB 2133-0027 (Capital Construction
Fund and Exhibits) is necessary for MARAD to determine an applicant's eligibility to enter a Capital Construction Fund (CCF)
Agreement, and their compliance with the requirements of this program. Since the last renewal, there was a reduction in the
total respondents, responses, and burden hours for this collection. MARAD is required to publish this notice in the
Federal Register
to obtain comments from the public and affected agencies.

DATES:

Comments must be submitted on or before May 29, 2026.

ADDRESSES:

You may submit comments identified by Docket No. MARAD-2026-0464 through one of the following methods:

Federal eRulemaking Portal: www.regulations.gov. Search using the above DOT docket number and follow the online instructions for submitting comments.

Mail or Hand Delivery: Docket Management Facility, U.S. Department of Transportation, 1200 New Jersey Avenue SE, West Building, Room W12-140, Washington,
DC 20590, between 9 a.m. and 5 p.m., Monday through Friday, except on Federal holidays.

Instructions: All submissions must include the agency name and docket number for this rulemaking.

Note:
All comments received will be posted without change to www.regulations.gov including any personal information provided.

Comments are invited on: (a) whether the proposed collection of information is reasonable for the Department's performance;
(b) the accuracy of the estimated burden; (c) ways for the Department to enhance the quality, utility, and clarity of the
information collection; and (d) ways that the burden could be lessened without reducing the quality of the collected information.
The agency will summarize or include your comments in the request for OMB's clearance of this information collection.

FOR FURTHER INFORMATION CONTACT:

David M. Gilmore, Director, 202-366-5737, Office of Marine Financing, Maritime Administration, U.S. Department of Transportation,
1200 New Jersey Avenue SE, Room W21-308, Washington, DC 20590. Email: marinefinancing@dot.gov.

SUPPLEMENTARY INFORMATION:

Title: Capital Construction Fund and Exhibits.

OMB Control Number: 2133-0027.

Type of Request: Extension without change of a currently approved collection.

Abstract: This information collection consists of an application for a Capital Construction Fund (CCF) agreement under 46 United States
Code (U.S.C.) chapter 535 and annual submissions of appropriate schedules and exhibits. The CCF is a tax-deferred ship construction
fund that was created to assist owners and operators of U.S.-flag vessels in accumulating the large amount of capital necessary
for the modernization and expansion of the U.S. merchant marine. The program encourages construction, reconstruction, or acquisition
of vessels through the deferment of Federal income taxes on certain deposits of money or other property placed into a CCF.

Respondents: U.S. citizens who own or lease one or more eligible vessels and who have or desire to establish a program to provide for the
acquisition, construction, or reconstruction of a qualified vessel.

Affected Public: Individuals and businesses.

Estimated Number of Respondents: 160.

Estimated Number of Responses: 160.

Estimated Hours per Response: Between 1 and 12.5.

Annual Estimated Total Annual Burden Hours: 2,160.

Frequency of Response: Annually.

(Authority: The Paperwork Reduction Act of 1995; 44 U.S.C. Chapter 35, as amended; and 49 CFR 1.49.)

By Order of the Maritime Administrator.

T. Mitchell Hudson, Jr., Secretary, Maritime Administration. [FR Doc. 2026-06109 Filed 3-27-26; 8:45 am] BILLING CODE 4910-81-P

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Named provisions

Capital Construction Fund and Exhibits Abstract Respondents Affected Public

Classification

Agency
MARAD
Published
April 29th, 2026
Comment period closes
May 29th, 2026 (59 days)
Instrument
Consultation
Legal weight
Non-binding
Stage
Consultation
Change scope
Minor
Document ID
Docket No. MARAD-2026-0464
Docket
MARAD-2026-0464

Who this affects

Applies to
Transportation companies Investors
Industry sector
4831 Maritime & Shipping
Activity scope
Tax Deferred Accounts Vessel Documentation
Threshold
U.S. citizens who own or lease one or more eligible vessels
Geographic scope
United States US

Taxonomy

Primary area
Maritime
Operational domain
Compliance
Topics
Taxation Transportation

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