Paperwork Reduction Act of 1995, Pub. L. No 104-13, 109 Stat. 163 (May 25, 1995), codified at 44 U.S.C. §3501 et seq.
The Act significantly changed many aspects of information collection by the Federal government. The Act, which went into effect on October 1, 1995, specifies the Office of Management and Budget (OMB) and agency responsibilities for managing information resources, including the management of information technology. Among its provisions, the Act establishes agency responsibility for maximizing the value and assessing and managing the risks of major information systems initiatives. It also requires that OMB develop and oversee policies, principles, standards, and guidelines for federal agency information technology functions, including periodic evaluations of major information systems. It also gave OMB responsibility for developing cybersecurity policies.
- Seek public comment on proposed collections of information through "60-day notices" in the Federal Register;
- Certify to OMB that efforts have been made to reduce the burden of the collection on small businesses, local government and other small entities, and
- Have in place a process for independent review of information collection requests prior to submission to OMB.