[Federal Register Volume 62, Number 54 (Thursday, March 20, 1997)]
[Notices]
[Pages 13362-13363]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-6786]


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DEPARTMENT OF AGRICULTURE
Commodity Credit Corporation


Notice of Request for Extension and Revision of a Currently 
Approved Information Collection

AGENCY: Commodity Credit Corporation.

ACTION: Notice and request for comments.

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SUMMARY: In accordance with the Paperwork Reduction Act of 1995, this 
notice announces the Commodity Credit Corporation's (CCC) intention to 
request an extension for, and revision of, an information collection 
process currently in effect related to the Standards for Approval of 
Warehouses for Cotton.

DATES: Comments must be submitted on or before May 19, 1997, to be 
assured consideration.

ADDITIONAL INFORMATION OR COMMENTS: All comments concerning this notice 
should be addressed to Mr. Steven Closson, Chief, Storage Contract 
Branch, Warehouse and Inventory Division, Farm Service Agency, United 
States Department of Agriculture, 1400 Independence Ave., SW, 
Washington DC 20250-0553 FAX (202) 690-3213.

SUPPLEMENTARY INFORMATION:
    Title: Standards for Approval of Warehouses for Cotton.
    OMB Control Number: 0560-0010.
    Expiration Date of Approval: January 31,1997.
    Type of Request: Extension and Revision of a Currently Approved 
Information Collection.
    Abstract: The CCC Charter Act, authorizes CCC to enter into storage 
agreements with commercial warehouse operators for the storage of CCC-
owned or CCC-loaned cotton. 15 U.S.C. 714 note. The information 
collected under Office of Management and Budget (OMB) Number 0560-0010, 
as identified above, allows CCC to effectively maintain a list of 
approved warehouses for the storage of cotton as covered by 7 CFR part 
1427--Standards for Approval of Warehouses for Cotton or Cotton 
Linters.
    The forms covered by this collection are the Cotton Storage 
Agreement (Storage Agreement) and supporting documents that allows the 
warehouse operator to demonstrate to CCC his ability to meet the 
standards for approval necessary for the CCC contracting officer to 
enter into or continue an existing storage agreement with a warehouse 
operator. The Storage Agreement is a contract for services between CCC 
and the warehouse operator and spells out the terms that will prevail 
during the period that the warehouse and CCC chose to conduct business. 
During this period the warehouse is listed on a CCC maintained List of 
Approved Warehouses and eligible producers may obtain price support 
loans for cotton stored at the warehouse. The forms are furnished to 
interested warehouse operators to secure and record information 
regarding the agreement and permits the warehouse operator to submit 
the storage and handling rates to be paid by CCC should CCC or eligible 
producers use the warehouse for the storage and handling of eligible 
cotton.
    Estimate of Burden: The record keeping requirements in this 
clearance are normal business records and, therefore, have no burden. 
Public reporting burden for this information collection is estimated to 
average 1.06 hours per response.
    Respondents: Business or other for-profit.
    Estimated Number of Responses: 400.

[[Page 13363]]

    Estimated Number of Responses per Respondent: 3.265.
    Estimated Total Annual Burden on Respondents: 1,395.
    Comments are sought on these requirements including: (a) whether 
the continued collection of information is necessary for the proper 
performance of CCC contracting activities, including whether the 
information will have practical utility; (b) the accuracy of CCC's 
estimate of burden including the validity of the methodology and 
assumptions used; (c) enhancing the quality, utility, and clarity of 
the information to be collected; (d) minimizing the burden of the 
collection of information on those who are to respond, including using 
appropriate automated, electronic, mechanical, or other technological 
collection techniques or other forms of information technology. 
Comments should be sent to the Desk Officer for Agriculture, Office of 
Information and Regulatory Affairs, Office of Management and Budget, 
Washington, D.C. 20503 and to Mr. Steven Closson, Chief, Storage 
Contract Branch, Warehouse and Inventory Division, Farm Service Agency, 
United States Department of Agriculture, 1400 Independence Ave., SW, 
Washington DC 20250-0553. Copies of the information collection may be 
obtained from Mr. Closson at the above address.
    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 March 12, 1997.
Bruce R. Weber,
Executive Vice President, Commodity Credit Corporation.
[FR Doc. 97-6786 Filed 3-19-97; 8:45 am]
BILLING CODE 3410-05-P