[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] ----------------------------------------------------------------------- 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. ----------------------------------------------------------------------- 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