[Federal Register Volume 85, Number 227 (Tuesday, November 24, 2020)]
[Notices]
[Pages 74973-74974]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-25980]


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DEPARTMENT OF AGRICULTURE

Commodity Credit Corporation


Notice of Request for a Renewal 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 (GSM-102) Program based on 
current program levels and participants.

DATES: Comments on this notice must be received by January 25, 2021 to 
be assured consideration.

ADDRESSES: We invite you to submit comments, identified by the OMB 
Control number 0551-004, as requested in this document. In your 
comment, include the volume, date, and page number of this issue of the 
Federal Register. You may submit comments by any of the following 
methods:
     Federal eRulemaking Portal: Go to http://www.regulations.gov. Follow the online instructions for submitting 
comments.
     Mail, hand delivery, or courier: Juan McCoy, Director, 
Credit Programs Division, Global Programs, Foreign Agricultural 
Service, 1400 Independence Avenue SW, Washington, DC 20250-1025, STOP 
1025; or by email at [email protected]; or by telephone at (202) 720-
0370.
    Comments will be available for inspection online and posted without 
change, including any personal information, at http://www.regulations.gov.

FOR FURTHER INFORMATION CONTACT: Juan McCoy, Director, Credit Programs 
Division, Global Programs, Foreign Agricultural Service, U.S. 
Department of Agriculture, AgStop 1025, Washington, DC 20250-1025, 
telephone (202) 720-0370.

SUPPLEMENTARY INFORMATION: 
    Title: CCC Export Credit Guarantee (GSM-102) Program.
    OMB Number: 0551-0004.
    Expiration Date of Approval: January 31, 2021.
    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 144 countries and regions with 167 
exporters eligible to participate. Under 7 CFR part 1493, exporters, 
foreign banks, and U.S. banks are required to submit

[[Page 74974]]

the following: (1) Information about the exporter, foreign banks, and 
U.S. banks for program participation; (2) applications for payment 
guarantees; (3) notices of assignment; (4) repurchase agreements; (5) 
information regarding the actual export of the commodity (evidence of 
export report); (6) notice of default and claims for loss; and (7) 
appeals. 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 the GSM-102 
program. 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 0.2776 hours per response.
    Respondents: U.S. exporters, U.S. financial institutions, and 
foreign financial institutions.
    Estimated Number of Respondents: 47 per annum.
    Estimated Number of Responses per Respondent: 86.52 per annum.
    Estimated Total Annual Burden of Respondents: 1,129.52 hours.
    Request 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 including validity of the methodology and assumption used; 
(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. Copies of this information collection can be obtained from 
Ron Croushorn, the Agency Information Collection Coordinator, at (202) 
720-3038 or email at [email protected].
    FAS is committed to compliance with the Government Paperwork 
Elimination Act, which requires Government agencies, in general, to 
provide the public the option of submitting information or transacting 
business electronically to the maximum extent possible.
    Comments will be available for inspection online at http://www.regulations.gov and at the mail address listed above between 8:00 
a.m. and 4:30 p.m., Monday through Friday, except holidays.
    Persons with disabilities who require an alternative means for 
communication of information (Braille, large print, audiotape, etc.) 
should contact Colette Ross (Human Resources, 202-720-8805) or Jeffrey 
Galloway (Office of Civil Rights, 202-690-1399).
    All comments received in response to this notice, including names 
and addresses when provided, will be a matter of public record. 
Comments will be summarized and included in the submission for Office 
of Management and Budget approval.

Daniel Whitley,
Acting Administrator, Foreign Agricultural Service.
[FR Doc. 2020-25980 Filed 11-23-20; 8:45 am]
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