Commodity Credit Corporation, USDA.
Notice and request for comments.
In accordance with the Paperwork Reduction Act of 1995, this notice announces the Commodity Credit Corporation's (CCC) intention to request an extension for a currently approved information collection in support of the CCC Supplier Credit Guarantee Program (SCGP) based on re-estimates.
Comments on this notice must be received by August 21, 2000 to be assured of consideration.
ADDITIONAL INFORMATION OR COMMENTS:
Contact Merle Brown, Director, Program Administration Division, Foreign Agricultural Service, U.S. Department of Agriculture, AgStop 1031, Washington, DC 20250-1031, telephone (202) 720-3573.End Preamble Start Supplemental Information
Title: CCC Supplier Credit Guarantee Program (SCGP).
OMB Number: 0551-0037. Start Printed Page 38241
Expiration Date of Approval: December 31, 2000.
Type of Request: Extension of a currently approved information collection.
Abstract: The primary objective of the SCGP is to expand U.S. agricultural exports by making available export credit guarantees to encourage U.S. private sector financing of foreign purchases of U.S. agricultural commodities on credit terms. Furthermore, the SCGP is designed to assist exporters of U.S. agricultural commodities who wish to provide relatively short term (up to 180 days) credits to their importers evidenced by promissory notes executed by such importers. The CCC currently offers the SCGP for exports to at least 11 countries and 10 country regions, with 1,008 exporters eligible to participate. Under 7 CFR Part 1493, Subpart D, exporters are required to submit the following: (1) Information about the exporter for program participation, (2) export sales information in connection with applying for a payment guarantee, (3) information regarding the actual export of the commodity, (evidence of export report), (4) notice of default and claims for loss, and (5) other documents, if applicable, including notice assignment of the right to receive proceeds under the export credit 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 SCGP. The information collected 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 0.4672 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: 288 per annum.
Estimated Number of Responses per Respondent: 8.66 per annum.
Estimated Total Annual Burden of Respondents: 1,165.75 hours.
Copies of this information collection can be obtained from Kimberly Chisley, the Agency Information Collection Coordinator, at (202) 720-2568.
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 Merle Brown, Director, Program Administration Division, Foreign Agricultural Service, U.S. Department of Agriculture, AgStop 1031, Washington, DC 20250-1031, or to the Desk Officer for Agriculture, Office of Information and Regulatory Affairs, Office of Management and Budget, Washington, DC 20503. Persons with disabilities who require an alternative means for communication of 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.Start Signature
Mary T. Chambliss,
Acting, General Sales Manager, Foreign Agriculture Service.
[FR Doc. 00-15495 Filed 6-19-00; 8:45 am]
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