[Federal Register Volume 69, Number 122 (Friday, June 25, 2004)]
[Notices]
[Pages 35691-35692]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-14471]


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OVERSEAS PRIVATE INVESTMENT CORPORATION


Submission for OMB Review; Comment Request

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 is preparing an 
information collection request for OMB review and approval and to 
request public review and comment on the submission. OPIC published it 
first Federal Register Notice on this information collection request on 
April 23, 2004, in Vol. 69, No. 79 FR 22103, at which time a 60-day 
comment period was announced. This comment period ended June 22, 2004. 
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; the accuracy of the Agency's burden estimate; the quality, 
practical utility and clarity of the information to be collected; and 
on ways to minimize the reporting burden, including automated 
collection techniques and uses of other forms of technology. The 
proposed form, OMB control number 3420-0001, 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 
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: Bruce I. Campbell, Records 
Management Officer, Overseas Private Investment Corporation, 1100 New 
York Avenue,

[[Page 35692]]

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 Form Under Review

    Type of Request: Form Renewal.
    Title: Request for Registration for Political Risk Investment 
Insurance.
    Form Number: OPIC-50.
    Frequency of Use: Once per investor per project.
    Type of Respondents: Business or other institution (except farms); 
individuals.
    Description of Affected Public: U.S. companies or citizens 
investing overseas.
    Reporting Hours: \1/2\ hours per project.
    Number of Responses: 343 per year.
    Federal Cost: $1,000.
    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 OPIC 50 form is submitted by 
eligible investors to register their intent to make international 
investments, and ultimately, to seek OPIC political risk insurance. By 
submitting Form 50 to OPIC prior to making and irrevocable commitment, 
the incentive effect of OPIC is demonstrated.

    Dated: June 21, 2004.
Eli Landy,
Senior Counsel, Administrative Affairs, Department of Legal Affairs.
[FR Doc. 04-14471 Filed 6-24-04; 8:45 am]
BILLING CODE 3210-01-M