[Federal Register: May 1, 2007 (Volume 72, Number 83)]
[Notices]
[Page 23793-23794]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr01my07-27]
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DEPARTMENT OF AGRICULTURE
Commodity Credit Corporation
Notice of Request for Extension of a Currently Approved
Information Collection
AGENCY: Commodity Credit Corporation, USDA.
ACTION: Notice and request for comments.
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SUMMARY: In accordance with the Paperwork Reduction Act of 1995, this
notice announces the Commodity Credit Corporations (CCC) intention to
request an extension for a currently approved information collection in
support of the CCC Facility Guarantee Program (FGP) based on re-
estimates.
DATES: Comments on this notice must be received by July 2, 2007.
ADDITIONAL INFORMATION OF COMMENTS: Contact P. Mark Rowse, Director,
Credit Programs Division, Foreign Agricultural Service, U.S. Department
of Agriculture, AgStop 1035, Washington, DC 20250-1035, telephone (202)
720-0624 or e-mail at mark.rowse@usda.gov.
SUPPLEMENTARY INFORMATION:
Title: CCC Facility Guarantee Program.
OMB Number: 0551-0032.
Expiration Date of Approval: September 30, 2007.
Type of Request: Extension of and revision to a currently approved
information collection.
Abstract: The primary objective of the FGP is to expand U.S.
agricultural exports by improving agricultural infrastructure in
importing countries. The FGP makes available export credit guarantees
to encourage U.S. private sector financing of foreign purchases of U.S.
goods and services on credit terms. The CCC currently offers the FGP
for exports to at least 1 country and 2 country regions. The FGP
information collection is similar to those for the Export Credit
Guarantee Program (GSM-102) (OMB control number 0551-0004). The
information collection for the FGP differs primarily as follows:
(1) The applicant, in order to receive a payment guarantee,
provides information evidencing that the exported goods and services
used to develop improved infrastructure will primarily benefit exports
of U.S. agricultural commodities and products; and
(2) The applicant is required to certify that the value of non-U.S.
components of goods and services is less than 50 percent of the
contract value covered under the payment guarantee.
In addition, each exporter and exporter's assignee (U.S. financial
institution) must maintain records on all information submitted to CCC
and in connection with sales made under the FGP. The information
collection is used by CCC to manage, plan, evaluate and account for
government resources. The reports and records are required to ensure
the proper and judicious use of public funds.
Estimate of Burden: The public reporting burden for these
collections is estimated to average 12 hours per response.
Respondents: Exporters of U.S. agricultural commodities, banks or
other financial institutions, producer associations, export trade
associations, and U.S. Government agencies.
Estimated Number of Respondents: 5 per annum.
Estimated Number of Responses per Respondent: 6 per annum.
Estimated Total Annual Burden of Respondents: 360 hours.
Copies of this information collection can be obtained from Tamoria
Thompson-Hall, the Agency Information Collection Coordinator, at (202)
690-1690 or e-mail at Tamoria.Thompson@usda.gov.
Requests for Comments: Send comments regarding (a) whether the
proposed collection of information is necessary for the proper
performance of the functions of the agency, including whether the
information will have practical utility; (b) the accuracy of the
agency's estimate of the burden of the proposed collection of
information; (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 those who are to respond, including
through the use of automated, electronic, mechanical, or other
technological collection techniques or other forms of information
technology.
Comments may be sent to P. Mark Rowse, Director, Credit Programs
Division, Office of Trade Programs, FAS, USDA, Stop 1035, Washington,
DC 20250, or mark.rowse@usda.gov, or to the Desk Officer for
Agriculture, Office of Information and Regulatory Affairs, Office of
Management and Budget (OMB), Washington, DC 20503. Persons with
disabilities who require an alternative means for communication of
[[Page 23794]]
information (Braille, large print, audiotape, etc.) should contact
USDA's Target Center at (202) 720-2600 (voice and TDD).
All responses to this notice will be summarized and included in the
request for OMB approval. All comments will also become a matter of
public record.
Signed at Washington, DC on April 20, 2007.
W. Kirk Miller,
Administrator, Foreign Agricultural Service.
[FR Doc. 07-2110 Filed 4-30-07; 8:45 am]
BILLING CODE 3410-10-M