[Federal Register Volume 65, Number 4 (Thursday, January 6, 2000)]
[Notices]
[Page 789]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-295]


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OVERSEAS PRIVATE INVESTMENT CORPORATION


Submission for OMB Review; Comment Request

AGENCY: Overseas Private Investment Corporation (OPIC).

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 publish a Notice in the Federal 
Register notifying the public that the Agency has prepared an 
information collection request for OMB review and approval and has 
requested public review and comment on the submission. OPIC published 
its first Federal Register Notice on this information collection 
request on October 20, 1999, in 64 FR #202, p. 56514, at which time a 
60-calendar day comment period was announced. This comment period ended 
December 20, 1999. No comments were received in response to this 
Notice.
    This information collection submission has now been submitted to 
OMB for review. Comments are again being solicited on the need for the 
information, its practical utility, the accuracy of the Agency's burden 
estimate, and on ways to minimize the reporting burden, including 
automated collection techniques and uses of other forms of technology. 
The proposed form under review is summarized below.

DATES: Comments must be received within 30 calendar days of this 
Notice.

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 OMB Reviewer.

FOR FURTHER INFORMATION CONTACT: OPIC Agency Submitting Officer: Carol 
Brock, Records Manager, Overseas Private Investment Corporation, 1100 
New York Avenue, NW., Washington, DC 20527; 202/336-8563.
    OMB Reviewer: David Rostker, Office of Information and Regulatory 
Affairs, Office of Management and Budget, New Executive Office 
Building, Docket Library, Room 10102, 725 17th Street, NW., Washington, 
DC 20503, 202/395-3897.

Summary of Form Under Review

    Type of Request: Approval of a revised form combining two existing 
forms, one for U.S. and one for foreign sponsors: OPIC 129 (OMB 3420-
0018), which expires 1/31/2000, and OPIC 130 (OMB 3420-0017) which 
expires 2/29/2000, respectively.
    Title: Sponsor Disclosure Report.
    Form Number: OPIC-129.
    Frequency of Use: Once per significant investor per project.
    Type of Respondents: Business or other institutions and 
individuals.
    Standard Industrial Classification Codes: All.
    Description of Affected Public: U.S. companies or citizens 
investing overseas.
    Reporting Hours: 6 hours per project.
    Number of Responses: 122.5 per year.
    Authority for Information Collection: Sections 231, 234(b) and (c) 
of the Foreign Assistance Act of 1961, as amended.
    Abstract (Needs and Uses): The Sponsor Disclosure Report is the 
principal document used by OPIC to gather information from project 
sponsors on whether a project might harm the U.S., and describes 
sponsor activities with the U.S. Government and other information for 
the underwriting and analysis of a project. It also provides 
notification of credit investigations that will be performed.

    Dated: January 3, 2000.
Ralph Kaiser,
Senior Counsel for Administration, Department of Legal Affairs.
[FR Doc. 00-295 Filed 1-5-00; 8:45 am]
BILLING CODE 3210-01-M