[Federal Register Volume 65, Number 45 (Tuesday, March 7, 2000)]
[Notices]
[Pages 12031-12032]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-5438]


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OVERSEAS PRIVATE INVESTMENT CORPORATION


Agency Report Form Under OMB Review

AGENCY: Overseas Private Investment Corporation.

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 December 28, 1999, in 64 FR 72677, at which time a 60-
calendar day comment period was announced. The comment period ended 
February 29, 2000. No comments were received in response to this 
notice.
    The 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 on or before April 6, 2000.

ADDRESSES: Copies of the subject form and the request for review 
prepared for submission 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, N.W., Washington, D.C. 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 St., N.W., Washington, D.C. 20503, 202/
395-3897.

Summary of Form Under Review

    Type of Request: Extension of currently approved form.
    Title: Application for Political Risk Investment Insurance.
    Form Number: OPIC-52.
    Frequency of Use: Once per investor per project.
    Type of Respondents: Business or other institutions (except farms); 
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: 160 per year.
    Federal Cost: $3,200 per year.
    Authority for Information Collection: Sections 231, 234(a), 239(d), 
and 240A of the Foreign Assistance Act of 1961, as amended.
    Abstract (Needs and Uses): The application is the principal 
document used by OPIC to determine the investor's and project's 
eligibility, assess the environmental impact and developmental effects 
of the project, measure the economic effects for the United States and 
the host country economy, and collect information for underwriting 
analysis.


[[Page 12032]]


    Dated: March 1, 2000.
Ralph A. Kaiser,
Senior Counsel for Administration, Department of Legal Affairs.
[FR Doc. 00-5438 Filed 3-6-00; 8:45 am]
BILLING CODE 3210-01-M