Coast Guard: Keep Proving You Can Pay for Oil Spills, Please Comment
Published Date: 8/6/2026
Notice
Summary
The U.S. Coast Guard wants to keep collecting info about Certificates of Financial Responsibility for oil pollution, just like before—no changes! They’re asking the public to share thoughts by October 5, 2026. This helps make sure the paperwork stays useful without adding extra hassle or costs.
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
Paperwork requirement stays in place
If you operate vessels or are an approved insurer, you must continue to provide Certificates of Financial Responsibility under the Oil Pollution Act of 1990. The requirement applies generally to operators and financial guarantors of tank vessels over 100 gross tons and all vessels over 300 gross tons, uses forms CG-5585 and CG-5586 series, is collected annually on a three-year cycle, and the Coast Guard estimates a total burden of 3,400 hours per year.
No changes; status quo preserved
The Coast Guard is seeking OMB approval to extend the current information collection (OMB Control Number 1625-0046) without change. The agency is inviting public comments on that extension, and comments must be received by October 5, 2026.
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Key Dates
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Previous / Next Documents
Previous: 2026-15965, Information Collection Request to Office of Management and Budget; OMB Control Number: 1625-0002
In compliance with the Paperwork Reduction Act of 1995, the U.S. Coast Guard intends to submit an Information Collection Request (ICR) to the Office of Management and Budget (OMB), Office of Information and Regulatory Affairs (OIRA), requesting an extension of its approval for the following collection of information: 1625-0002, Applications for Vessel Inspection, Waiver and Continuous Synopsis Record; without change. Our ICR describes the information we seek to collect from the public. Before submitting this ICR to OIRA, the Coast Guard is inviting comments as described below.
Next: 2026-15969, Collection of Information Under Review by Office of Management and Budget; OMB Control Number: 1625-0003
In compliance with the Paperwork Reduction Act of 1995 the U.S. Coast Guard is forwarding an Information Collection Request (ICR), abstracted below, to the Office of Management and Budget (OMB), Office of Information and Regulatory Affairs (OIRA), requesting an approval of a revision of the following collection of information: 1625-0003, Coast Guard Boating Accident Report Form; with change. Our ICR describes the information we seek to collect from the public. Review and comments by OIRA ensure we only impose paperwork burdens commensurate with our performance of duties.