Notice of Request for Extension of a Currently Approved Information Collection, 23793-23794 [07-2110]


[Federal Register Volume 72, Number 83 (Tuesday, May 1, 2007)]
[Pages 23793-23794]
From the Federal Register Online via the Government Printing Office []
[FR Doc No: 07-2110]



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.


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-

DATES: Comments on this notice must be received by July 2, 2007.

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

    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
    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 
    Comments may be sent to P. Mark Rowse, Director, Credit Programs 
Division, Office of Trade Programs, FAS, USDA, Stop 1035, Washington, 
DC 20250, or, 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

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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]