[Federal Register Volume 89, Number 132 (Wednesday, July 10, 2024)]
[Notices]
[Page 56750]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-15121]


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EXPORT-IMPORT BANK

[Public Notice: 2024-3010]


Agency Information Collection Activities: Submission to the 
Office of Management and Budget for Review and Approval; Comment 
Request; Export-Import Bank Report of Premiums Payable for Exporters 
Only

AGENCY: Export-Import Bank of the United States.

ACTION: Notice of information collection; request for comment.

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SUMMARY: The Export-Import Bank of the United States (EXIM), pursuant 
to the Export-Import Bank Act of 1945, as amended, facilitates the 
finance of the export of U.S. goods and services. As part of its 
continuing effort to reduce paperwork and respondent burden, EXIM 
invites the general public and other Federal Agencies to comment on the 
proposed information collection, as required by the paperwork Reduction 
Act of 1995.

DATES: Comments must be received on or before August 9, 2024 to be 
assured of consideration.

ADDRESSES: Comments may be submitted electronically on 
www.regulations.gov (EIB 92-29), by email to [email protected], 
or by mail to Office of Information and Regulatory Affairs, 725 17th 
Street NW, Washington, DC 20038, Attn: OMB 3048-0017.

FOR FURTHER INFORMATION CONTACT: To request additional information, 
please contact Cristina Conti, [email protected], 202-565-3804.

SUPPLEMENTARY INFORMATION: The ``Report of Premiums Payable for 
Exporters Only'' form is used by exporters to report and pay premiums 
on insured shipments to various foreign buyers under the terms of the 
policy and to certify that premiums have been correctly computed and 
remitted. Individual transactions that an exporter may have with the 
same foreign borrower can be sub-totaled and entered as a single line 
item for the specific month provided the length of payment term is 
identical. The use of sub-totals reduces the administrative burden on 
the exporter. The `Report of Premiums Payable for Exporters Only' is 
used by the Bank to determine the eligibility of the shipment(s) and to 
calculate the premium due to Ex-Im Bank for its support of the 
shipment(s) under its insurance program.
    No changes are being made to the form in use.
    The application tool can be reviewed at: https://img.exim.gov/s3fs-public/forms/eib92-29.pdf.
    Title and Form Number: EIB 92-29 Export-Import Bank Report of 
Premiums Payable for Exporters Only.
    OMB Number: 3048-0017.
    Type of Review: Regular.
    Need and Use: The ``Report of Premiums Payable for Exporters Only'' 
form is used by exporters to report and pay premiums on insured 
shipments to various foreign buyers under the terms of the policy and 
to certify that premiums have been correctly computed and remitted. The 
collection provides EXIM staff with the information necessary to 
monitor the borrower's payments for exported goods covered under its 
short and medium-term export credit insurance policies. It also alerts 
EXIM staff of defaults, so they can manage the portfolio in an informed 
manner.
    Affected Public: This form affects entities involved in the export 
of U.S. goods and services.
    Annual Number of Respondents: 2,000.
    Estimated Time per Respondent: 15 minutes.
    Annual Burden Hours: 6,000 hours.
    Frequency of Reporting or Use: Monthly.

    Dated: July 5, 2024.
Andrew Smith,
Records Officer.
[FR Doc. 2024-15121 Filed 7-9-24; 8:45 am]
BILLING CODE 6690-01-P