# 2026-15355: VA Seeks Input on Tedious Financial Status Report Forms Again

2026-15355, Agency Information Collection Activity: Financial Status Report, is a Federal Register notice from Veterans Affairs Department published 2026-07-30, effective Comments must be received on or before September 28, 2026.; PRIA reads it as touching household money (as of 2026-08-06).

- Canonical: https://policyrisk.com/federal-register/2026-15355
- As of: 2026-08-06
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2026-15355
- Title: Agency Information Collection Activity: Financial Status Report
- Type: Notice
- Agencies: Veterans Affairs Department
- Citation: 91 FR 48229
- Published: 2026-07-30
- Effective: Comments must be received on or before September 28, 2026.
- Comments close: 2026-09-28
- Significant: no
- Touches household money: yes
- Regulation identifier numbers: none
- Last updated: 2026-08-06

## In one line

VA Seeks Input on Tedious Financial Status Report Forms Again

## Summary

Debt Management Center (DMC), Department of Veterans Affairs (VA), is announcing an opportunity for public comment on the proposed collection of certain information by the agency. Under the Paperwork Reduction Act (PRA) of 1995, Federal agencies are required to publish notice in the Federal Register concerning each proposed collection of information, including each proposed extension of a currently approved collection, and allow 60 days for public comment in response to the notice.

## Effects PRIA read

- Resumption of VA Debt Collections: cost, medium. Collections of VA debts were paused on new debts in April 2020 and resumed for suspended debts beginning May 2022. The Debt Management Center says the resumption has increased use of VA Form 5655 and increased burden; VA estimates 150,871 respondents and 150,871 annual burden hours with an average…
- Form 5655 Not Required for ≤60‑Month Plans: benefit, low. VA no longer requires VA Form 5655 to approve repayment plans that extend 60 months or fewer. Previously, VA Form 5655 was required to approve repayment plans extending greater than 12 months.
- Automatic 36‑Month Extension for Overpayments: benefit, medium. Repayment plans on compensation and pension benefit overpayments now automatically extend for 36 months instead of 12 months when the account is over the minimum monthly payment threshold.

## Related documents

- [2026-11973](https://policyrisk.com/federal-register/2026-11973): Implementing Regulation for National Environmental Policy Act (NEPA): Environmental Effects of the Department of Veterans Affairs Actions, 2026-06-15
- [2026-03940](https://policyrisk.com/federal-register/2026-03940): Rescission of Interim Final Rule, Evaluative Rating: Impact of Medication, 2026-02-27
- [2025-21242](https://policyrisk.com/federal-register/2025-21242): Extending Deadline for Debtor To Request a Waiver, 2025-11-26
- [2025-18827](https://policyrisk.com/federal-register/2025-18827): Extension of Program of Comprehensive Assistance for Family Caregivers Eligibility for Legacy Participants and Legacy Applicants, 2025-09-29
- [2025-14687](https://policyrisk.com/federal-register/2025-14687): Reproductive Health Services, 2025-08-04
- [2026-20414](https://policyrisk.com/federal-register/2026-20414): Agency Information Collection Activity Under OMB Review: Financial Status Report, 2026-10-06

## Sources
- [2026-15355 on federalregister.gov](https://www.federalregister.gov/documents/2026/07/30/2026-15355/agency-information-collection-activity-financial-status-report)
- [2026-15355 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2026-07-30/pdf/2026-15355.pdf)

## Related
- [Previous: 2026-15354, Agency Information Collection Activity: PayVA (Pay Now Enter Info Page)](https://policyrisk.com/federal-register/2026-15354)
- [Next: 2026-15356, Notice of OFAC Sanctions Action](https://policyrisk.com/federal-register/2026-15356)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2026-15355 (as of 2026-08-06).