[Federal Register Volume 82, Number 246 (Tuesday, December 26, 2017)]
[Notices]
[Pages 60948-60949]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-27708]


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DEPARTMENT OF AGRICULTURE


Submission for OMB Review; Comment Request

December 20, 2017.
    The Department of Agriculture has submitted the following 
information collection requirement(s) to OMB for review and clearance 
under the Paperwork Reduction Act of 1995, Public Law 104-13. Comments 
are requested regarding (1) whether the collection of information is 
necessary for the proper performance of the functions of the agency, 
including whether the information will have practical utility; (2) the 
accuracy of the agency's estimate of burden including the validity of 
the methodology and assumptions used; (3) ways to enhance the quality, 
utility and clarity of the information to be collected; and (4) ways to 
minimize the burden of the collection of information on those who are 
to respond, including through the use of appropriate automated, 
electronic, mechanical, or other technological collection techniques or 
other forms of information technology.
    Comments regarding this information collection received by January 
25, 2018 will be considered. Written comments should be addressed to: 
Desk Officer for Agriculture, Office of Information and Regulatory 
Affairs, Office of Management and Budget (OMB), New Executive Office 
Building, 725 17th Street NW, Washington, DC 20502. Commenters are 
encouraged to submit their comments to OMB via email to: 
[email protected] or fax (202) 395-5806 and to Departmental 
Clearance Office, USDA, OCIO, Mail Stop 7602, Washington, DC 20250-
7602. Copies of the submission(s) may be obtained by calling (202) 720-
8958.
    An agency may not conduct or sponsor a collection of information 
unless the collection of information displays a currently valid OMB 
control number and the agency informs potential persons who are to 
respond to the collection of information that such persons are not 
required to respond to the collection of information unless it displays 
a currently valid OMB control number.

Risk Management Agency

    Title: General Administrative Regulations; Subpart V--Submission of 
Policies, Provisions of Policies, Rates of Premium, and Non-Reinsured 
Supplemental Policies.
    OMB Control Number: 0563-0064.
    Summary of Collections: The Federal Crop Insurance Corporation 
(FCIC) amends the procedures for the submission of policies, plans of 
insurance, or other rates or premium by

[[Page 60949]]

insurance companies, entities or other persons. Public Law 96-365 
provided for nationwide expansion of a comprehensive crop insurance 
program. The Federal Crop Insurance Act, as amended, expanded the role 
of the crop insurance to be the principal tool for risk management by 
producers of farm products and required that the crop insurance program 
operate on an actuarially sound basis. It provides for independent 
reviews of insurance products by persons experienced as actuaries and 
in underwriting. The Act was further amended in 2008 to provide the 
opportunity for the submission of a concept proposal to the FCIC Board 
of Directors (Board) for approval for advance payment of estimated 
research and development expenses.
    Need and Use of the Information: An applicant has the option to 
submit a concept proposal or a submission package for a crop insurance 
product and have it presented to the Board. The Board will review an 
applicant's submissions to determine, if the interests of agricultural 
producers and taxpayers are protected; the submission is actuarially 
appropriate; appropriate insurance principles are followed; the 
requirements of the Act are met; and that sound, reasonable and 
appropriate underwriting principals are followed. If the information is 
incomplete, the submission will be disapproved.
    Description of Respondents: Business or other-for-profit.
    Number of Respondents: 195.
    Frequency of Responses: Recordkeeping: Reporting; Other.
    Total Burden Hours: 44,947.

Ruth Brown,
Departmental Information Clearance Officer.
[FR Doc. 2017-27708 Filed 12-22-17; 8:45 am]
 BILLING CODE 3410-08-P