[Federal Register Volume 73, Number 216 (Thursday, November 6, 2008)]
[Notices]
[Page 66010]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E8-26505]


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 Notices
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  Federal Register / Vol. 73, No. 216 / Thursday, November 6, 2008 / 
Notices  

[[Page 66010]]



DEPARTMENT OF AGRICULTURE

Commodity Credit Corporation


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

AGENCY: Commodity Credit Corporation, USDA.

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 a revision for a currently approved information collection in 
support of the CCC Export Credit Guarantee Program (GSM-102) based on 
current program levels and participants. CCC is not requesting a 
revision or extension for a currently approved information collection 
in support of the Intermediate Term Guarantee (GSM-103) Program or the 
Supplier Credit Guarantee Program, due to repeal of these programs by 
the Food, Conservation, and Energy Act of 2008.

DATES: Comments on this notice must be received by January 5, 2009 to 
be assured consideration.
    Additional Information or Comments: Contact P. Mark Rowse, 
Director, Office of Trade Programs, Credit Program Division, Foreign 
Agricultural Service, U.S. Department of Agriculture, AgStop 1025, 
Washington, DC 20250-1025, telephone (202) 720-0624.

SUPPLEMENTARY INFORMATION:
    Title: CCC Export Credit Guarantee (GSM-102) Program.
    OMB Number: 0551-0004.
    Expiration Date of Approval: March 31, 2009.
    Type of Request: Revision of a currently approved information 
collection.
    Abstract: The primary objective of the GSM-102 program is to expand 
U.S. agricultural exports by making available export credit guarantees 
to encourage U.S. private sector financing of foreign purchases of U.S. 
agricultural commodities on credit terms. The CCC currently has 
programs operating in at least 176 countries and regions with 2,900 
exporters eligible to participate. Under 7 CFR part 1493, exporters are 
required to submit the following: (1) Information about the exporter 
for program participation; (2) export sales information in connection 
with applying for a payment guarantee; (3) information regarding the 
actual export of the commodity (evidence of export report); (4) notice 
of default and claims for loss; and (5) other documents, if applicable, 
including notice of assignment of the right to receive proceeds under 
the export credit guarantee. In addition, each exporter and exporter's 
assignee (U.S. financial institution) must maintain records on all 
information submitted to CCC and in connection with sales made under 
GSM-102. The information collected is used by CCC to manage, plan, 
evaluate, and account for government resources. The reports and records 
are required to ensure the proper and judicious use of public funds.
    Estimate of Burden: The public reporting burden for these 
collections is estimated to average 0.49 hours per response.
    Respondents: Exporters of U.S. agricultural commodities, banks or 
other financial institutions, producer associations, export trade 
associations, and U.S. Government agencies.
    Estimated Number of Respondents: 78 per annum.
    Estimated Number of Responses per Respondent: 62.79 per annum.
    Estimated Total Annual Burden of Respondents: 2,400 hours.
    Copies of this information collection can be obtained from Tamoria 
Thompson, the Agency Information Collection Coordinator, at (202) 690-
1690 or e-mail at [email protected].
    Requests for Comments: Send comments regarding (a) whether the 
proposed collection of information is necessary for the proper 
performance of the functions of the agency, including whether the 
information will have practical utility; (b) the accuracy of the 
agency's estimate of the burden of the proposed collection of 
information; (c) ways to enhance the quality, utility, and clarity of 
the information to be collected; and (d) ways to minimize the burden of 
the collection of information on those who are to respond, including 
through the use of automated, electronic, mechanical, or other 
technological collection techniques or other forms of information 
technology. Comments may be sent to P. Mark Rowse, Director, Office of 
Trade Programs, Credit Programs Division, Foreign Agricultural Service, 
U.S. Department of Agriculture, AgStop 1025, Washington, DC 20250-1025, 
or to the Desk Officer for Agriculture, Office of Information and 
Regulatory Affairs, Office of Management and Budget (OMB), Washington, 
DC 20503. Persons with disabilities who require an alternative means 
for communication of information (Braille, large print, audiotape, 
etc.) should contact USDA's Target Center at (202) 720-2600 (voice and 
TDD). 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.

    Dated: November 3, 2008.
Michael W. Yost,
Administrator, Foreign Agricultural Service.
[FR Doc. E8-26505 Filed 11-5-08; 8:45 am]
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