Agency Information Collection Activities: Comment Request, 63831 [2012-25508]

Download as PDF 63831 Federal Register / Vol. 77, No. 201 / Wednesday, October 17, 2012 / Notices the Cancellation Order in the Federal Register. Thereafter, the registrants are prohibited from selling or distributing products listed in Table 1, except for export in accordance with FIFRA section 17, or proper disposal. Persons other than the registrants may sell, distribute, or use existing stocks of products listed in Table 1 of Unit II., except for Furadan 15 G Insecticide Nemanticide, with Registration No. WA860012, until existing stocks are exhausted, provided that such sale, distribution, or use is consistent with the terms of the previously approved labeling on, or that accompanied, the canceled products. B. Registration No. WA860012 The effective date of cancellation of Furadan 15 G Insecticide-Nemanticide, Registration No. WA860012 is October 17, 2012. Continued sale and distribution of existing stocks of this product is no longer allowed. Registrants are prohibited from selling and/or distributing this product except for export consistent with FIFRA section 7 or for proper disposal. List of Subjects Environmental protection, Pesticides and pests. Dated: October 5, 2012. Richard P. Keigwin, Jr., Director, Pesticide Re-evaluation Division, Office of Pesticide Programs. [FR Doc. 2012–25426 Filed 10–16–12; 8:45 am] BILLING CODE 6560–50–P EXPORT-IMPORT BANK [Public Notice 2012–0531] Agency Information Collection Activities: Comment Request Export-Import Bank of the U.S. ACTION: Submission for OMB Review and Comments Request. mstockstill on DSK4VPTVN1PROD with NOTICES AGENCY: Form Title: EIB 92–53 Small Business Multi-Buyer Export Credit Insurance Policy Enhanced Assignment of Policy Proceeds. SUMMARY: The Export-Import Bank of the U.S. (Ex-Im Bank) pursuant to the Export-Import Bank Act of 1945, as amended (12 U.S.C. 635, et seq.), facilitates the finance of export of U.S. goods and services. By neutralizing the effect of export credit insurance and guarantees offered by foreign governments and by absorbing credit risks that the private sector will not accept, Ex-Im Bank enables U.S. exporters to compete fairly in foreign markets on the basis of price and VerDate Mar<15>2010 18:49 Oct 16, 2012 Jkt 229001 product. This collection of information is used by exporters to convey legal rights to, and describe the duties and obligations that have to be met by their financial institution lender in order to share insurance policy proceeds from Ex-Im Bank approved insurance claims. The changes that were made to this agreement include language clarifications and changes to the descriptions of the rights and obligations of the parties to the agreement. The changes were made to provide clarity and specificity for exporters/lenders based on issues that have arisen through either exporter/ lender inquiries or interpretations made during processing of claims. The language of the existing agreement frequently results in improper documentation by our lender partners which increases claim processing times and causes significant resource burdens to Ex-Im Bank. The language in the existing agreement also creates the potential for fraud, resulting in losses to Ex-Im Bank. Recent changes to the ExIm Bank Charter (12 U.S.C. 635(i)(2)(i) and a–6(b)) mandate that Ex-Im Bank must develop practices to identify, prevent and monitor for potential fraud. Therefore changes to the agreement were required to comply with this mandate and protect the U.S. taxpayer from fraud related loss. In addition, the changes to this agreement protect Ex-Im Bank’s lender partners who are parties to the agreement, allowing us to maintain our relationships with our lender partners, and fulfill our agency mission to finance exports (through our lender partners) and create jobs. Due to the Ex-Im Bank Charter mandate to reduce fraud, the changes in the form need to be immediately disseminated to exporters/lenders so that they can change practices where needed, especially where documentation of export transactions is involved. This application can be viewed at www.exim.gov/pub/pending/EIB9253.PDF. DATES: Comments should be received on or before December 17, 2012 to be assured of consideration. ADDRESSES: Comments may be submitted through www.regulations.gov or mailed to Walter Kosciow, Export Import Bank of the United States, 811 Vermont Ave. NW., Washington, DC 20571. SUPPLEMENTARY INFORMATION: Titles and Form Number: EIB 92–53 Small Business Multi-Buyer Export Credit Insurance Policy Enhanced Assignment of Policy Proceeds. OMB Number: 3048–XXXX. Type of Review: New. PO 00000 Frm 00046 Fmt 4703 Sfmt 4703 Need and Use: The form represents the exporter’s directive to Ex-Im Bank to whom and where the insurance proceeds should be sent, and also describes the duties and obligations that have to be met by the financial institution in order to share in the policy proceeds. The form is typically part of the documentation required by financial institution lenders in order to provide financing of an exporter’s foreign accounts receivable. Foreign accounts receivable insured by Ex-Im Bank represent stronger collateral to secure the financing. By recording which policyholders have completed this form, Ex-Im Bank is able to determine how many of its exporter policyholders require Ex-Im Bank insurance policies to support lender financing. Affected Public: This form affects entities involved in the export of U.S. goods and services. Estimated respondents per year. Frequency of Responses ........ Estimated hours per response Estimated annual burden hours. Reviewing time in hours ....... Responses per year ................ Review time per year ............. Average wages per hour ........ Average cost per year ............ Benefits and Overhead .......... Total Government Cost .......... 110. yearly. 15 minutes. 27.5 hours. 1 hour. 110. 110 hours. $32.50. $3,575.00. 28%— $1000. $4,575.00. The annual cost to the Government would be $4,575.00. Sharon A. Whitt, Agency Clearance Officer. [FR Doc. 2012–25508 Filed 10–16–12; 8:45 am] BILLING CODE 6690–01–P FEDERAL COMMUNICATIONS COMMISSION [DA 12–1616] Consumer Advisory Committee Federal Communications Commission. ACTION: Notice. AGENCY: The Commission announces the next meeting date, time, and agenda of its Consumer Advisory Committee (Committee). The purpose of the Committee is to make recommendations to the Commission regarding matters within the jurisdiction of the Commission and to facilitate the participation of all consumers in proceedings before the Commission. DATES: The next meeting of the Committee will take place on Friday, SUMMARY: E:\FR\FM\17OCN1.SGM 17OCN1

Agencies

[Federal Register Volume 77, Number 201 (Wednesday, October 17, 2012)]
[Notices]
[Page 63831]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-25508]


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EXPORT-IMPORT BANK

[Public Notice 2012-0531]


Agency Information Collection Activities: Comment Request

AGENCY: Export-Import Bank of the U.S.

ACTION: Submission for OMB Review and Comments Request.

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    Form Title: EIB 92-53 Small Business Multi-Buyer Export Credit 
Insurance Policy Enhanced Assignment of Policy Proceeds.
SUMMARY: The Export-Import Bank of the U.S. (Ex-Im Bank) pursuant to 
the Export-Import Bank Act of 1945, as amended (12 U.S.C. 635, et 
seq.), facilitates the finance of export of U.S. goods and services. By 
neutralizing the effect of export credit insurance and guarantees 
offered by foreign governments and by absorbing credit risks that the 
private sector will not accept, Ex-Im Bank enables U.S. exporters to 
compete fairly in foreign markets on the basis of price and product. 
This collection of information is used by exporters to convey legal 
rights to, and describe the duties and obligations that have to be met 
by their financial institution lender in order to share insurance 
policy proceeds from Ex-Im Bank approved insurance claims.
    The changes that were made to this agreement include language 
clarifications and changes to the descriptions of the rights and 
obligations of the parties to the agreement. The changes were made to 
provide clarity and specificity for exporters/lenders based on issues 
that have arisen through either exporter/lender inquiries or 
interpretations made during processing of claims. The language of the 
existing agreement frequently results in improper documentation by our 
lender partners which increases claim processing times and causes 
significant resource burdens to Ex-Im Bank. The language in the 
existing agreement also creates the potential for fraud, resulting in 
losses to Ex-Im Bank. Recent changes to the Ex-Im Bank Charter (12 
U.S.C. 635(i)(2)(i) and a-6(b)) mandate that Ex-Im Bank must develop 
practices to identify, prevent and monitor for potential fraud. 
Therefore changes to the agreement were required to comply with this 
mandate and protect the U.S. taxpayer from fraud related loss. In 
addition, the changes to this agreement protect Ex-Im Bank's lender 
partners who are parties to the agreement, allowing us to maintain our 
relationships with our lender partners, and fulfill our agency mission 
to finance exports (through our lender partners) and create jobs. Due 
to the Ex-Im Bank Charter mandate to reduce fraud, the changes in the 
form need to be immediately disseminated to exporters/lenders so that 
they can change practices where needed, especially where documentation 
of export transactions is involved.
    This application can be viewed at www.exim.gov/pub/pending/EIB92-53.PDF.

DATES: Comments should be received on or before December 17, 2012 to be 
assured of consideration.

ADDRESSES: Comments may be submitted through www.regulations.gov or 
mailed to Walter Kosciow, Export Import Bank of the United States, 811 
Vermont Ave. NW., Washington, DC 20571.

SUPPLEMENTARY INFORMATION:
    Titles and Form Number: EIB 92-53 Small Business Multi-Buyer Export 
Credit Insurance Policy Enhanced Assignment of Policy Proceeds.
    OMB Number: 3048-XXXX.
    Type of Review: New.
    Need and Use: The form represents the exporter's directive to Ex-Im 
Bank to whom and where the insurance proceeds should be sent, and also 
describes the duties and obligations that have to be met by the 
financial institution in order to share in the policy proceeds. The 
form is typically part of the documentation required by financial 
institution lenders in order to provide financing of an exporter's 
foreign accounts receivable. Foreign accounts receivable insured by Ex-
Im Bank represent stronger collateral to secure the financing. By 
recording which policyholders have completed this form, Ex-Im Bank is 
able to determine how many of its exporter policyholders require Ex-Im 
Bank insurance policies to support lender financing.
    Affected Public: This form affects entities involved in the export 
of U.S. goods and services.

 
 
 
Estimated respondents per year...........  110.
Frequency of Responses...................  yearly.
Estimated hours per response.............  15 minutes.
Estimated annual burden hours............  27.5 hours.
Reviewing time in hours..................  1 hour.
Responses per year.......................  110.
Review time per year.....................  110 hours.
Average wages per hour...................  $32.50.
Average cost per year....................  $3,575.00.
Benefits and Overhead....................  28%--$1000.
Total Government Cost....................  $4,575.00.
 

    The annual cost to the Government would be $4,575.00.

Sharon A. Whitt,
Agency Clearance Officer.
[FR Doc. 2012-25508 Filed 10-16-12; 8:45 am]
BILLING CODE 6690-01-P
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