[Federal Register Volume 61, Number 184 (Friday, September 20, 1996)]
[Notices]
[Page 49518]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-24195]


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DEPARTMENT OF TRANSPORTATION

Office of the Secretary


Reports, Forms and Recordkeeping Requirements Agency Information 
Collection Activity Under OMB Review

AGENCY: Department of Transportation (DOT).

ACTION: Notice.

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SUMMARY: In compliance with the Paperwork Reduction Act (44 U.S.C. 3501 
et seq.), this notice announces that the Information Collection Request 
(ICR) abstracted below has been forwarded to the Office of Management 
and Budget (OMB) for review and comment. The ICR describes the nature 
of the information collection and its expected cost and burden. The 
Federal Register Notice with a 60-day comment period soliciting 
comments on the following collection of information was published on 
March 7, 1996 (FR 61, page 9223).

DATES: Comments must be submitted on or before October 21, 1996.

FOR FURTHER INFORMATION CONTACT: Richard Weaver, (202) 366-2811, and 
refer to the OMB Control Number.

SUPPLEMENTARY INFORMATION:

Maritime Administration (MARAD)

    Title: Uniform Financial Reporting Requirements.
    Type of Request: Approval of changes to a currently approved 
information collection.
    OMB Control Number: 2133-0005.
    Form Number: MA-172.
    Affected Public: Various ship-building and ship-owning companies 
which choose to participate in the Maritime Administration's loan 
guarantee and operating support programs.
    Abstract: Form MA-172 consists of a balance sheet, an income 
statement, schedules of debt and equipment, and listings of company 
officers, stockholders, and related parties. In order to reduce the 
burden of the current information collection, Form MA-172 would be 
reduced in scope and number of schedules. The information in the MA-172 
is integral to conventional financial records generally kept by all 
businesses, but is supplemental to their financial statements prepared 
periodically. Therefore, much of the form can be satisfied by the 
information found in the financial statements audited by certified 
public accountants and can be substituted by copies of the published 
data or listings from the company records.
    Thus, the time required to complete a MA-172 can be reduced to an 
efficient gathering of existing documents.
    Need and Use of the Information: MARAD administers financial 
assistance programs promoting the U.S. merchant marine. This 
information collection is in compliance with those program regulations 
requiring financial reporting used in reviews and analyses to determine 
compliance with contractual requirements and to evaluate industry 
financial trends.
    Estimated Annual Burden: The total annual burden is 2,375 hours for 
190 responses, 12 hours per response. The total hours should decrease 
when the changes covered by this request for comments are implemented.

ADDRESSES: Send comments to the Office of Information and Regulatory 
Affairs, Office of Management and Budget, 725-17th Street, NW, 
Washington, DC 20503, Attention OST Desk Officer.
    Comments are Invited on: whether the proposed collection of 
information is necessary for the proper performance of the functions of 
the Department, including whether the information will have practical 
utility; the accuracy of the Department's estimate of the burden of the 
proposed information collection; ways to enhance the quality, utility 
and clarity of the information to be collected; and ways to minimize 
the burden of the collection of information on respondents, including 
the use of automated collection techniques or other forms of 
information technology.

    Issued in Washington, DC, on September 17, 1996.
Phillip A. Leach,
Clearance Officer, United States Department of Transportation.
[FR Doc. 96-24195 Filed 9-19-96; 8:45 am]
BILLING CODE 4910-62-P