[Federal Register Volume 60, Number 134 (Thursday, July 13, 1995)]
[Notices]
[Page 36162]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-17137]



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INTERNATIONAL DEVELOPMENT COOPERATION AGENCY


Overseas Private Investment Corporation; Agency Report Form Under 
OMB Review

AGENCY: Overseas Private Investment Corporation, IDCA.

ACTION: Request for comments.

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SUMMARY: Under the provisions of the Paperwork Reduction Act (44 U.S.C. 
Chapter 35), agencies are required to submit information collection 
requests to OMB for review and approval, and to publish a notice in the 
Federal Register notifying the public that the Agency has made such a 
submission. The proposed form under review is summarized below.

DATES: Comments must be received on or before July 27, 1995. If you 
anticipate commenting on the form but find that the time to prepare 
will prevent you from submitting comments promptly, you should advise 
the OMB Reviewer and the Agency Submitting Officer of your intent as 
early as possible.

ADDRESSES: Copies of the subject form and the request for review 
submitted to OMB may be obtained from the Agency Submitting Officer. 
Comments on the form should be submitted to the Agency Submitting 
Officer and the OMB Reviewer.

FOR FURTHER INFORMATION CONTACT:
    OPIC Agency Submitting Officer: Lena Paulsen, Manager, Information 
Center, Overseas Private Investment Corporation, 1100 New York Avenue, 
N.W., Washington, D.C. 20527; 202/336-8565.
    OMB Reviewer: Jeff Hill, Office of Information and Regulatory 
Affairs, Office of Management and Budget, New Executive Office 
Building, Docket Library, Room 3201, Washington, D.C. 20503; 202/395-
7340.

SUMMARY OF FORM UNDER REVIEW:
    Type of Request: Revision.
    Title: Request for Registration for Political Risk Investment 
Insurance.
    Form Number: OPIC 50.
    Frequency of Use: Once per investor per project.
    Type of Respondents: Business or other institutions.
    Standard Industrial Classification Codes: All.
    Description of Affected Public: U.S. Companies investing overseas.
    Reporting Hours: \1/2\ hour per project.
    Number of Responses: 850 per year.
    Federal Cost: $1060 per year.
    Authority for Information Collection: Section 231 and 234 (a) of 
the Foreign Assistance Act of 1961, as amended.
    Abstract (Needs and Uses): OPIC 50 is submitted by eligible 
investors to register their international investments, and, ultimately, 
to seek OPIC insurance. By submitting form 50 to OPIC prior to making 
an irrevocable commitment, the incentive effect of OPIC is 
demonstrated.

    Dated: July 5, 1995.
James R. Offutt,
Assistant General Counsel, Department of Legal Affairs.
[FR Doc. 95-17137 Filed 7-12-95; 8:45 am]
BILLING CODE 3210-01-M