[Federal Register Volume 82, Number 116 (Monday, June 19, 2017)]
[Page 27794]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-12649]



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.


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 August 18, 2017 to 
be assured consideration.

ADDRESSES: We invite you to submit comments 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 
     Mail, hand delivery, or courier: Jonathan Doster, Branch 
Chief, Credit Program Division, Office of Trade 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) 720-2074.
    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 USDA's Target Center at (202) 720-2600 (voice and TDD).

FOR FURTHER INFORMATION CONTACT: Jonathan Doster, Branch Chief, Credit 
Program Division, Office of Trade Programs, Foreign Agricultural 
Service, U.S. Department of Agriculture, AgStop 1025, Washington, DC 
20250-1025, telephone (202) 720-2074.

    Title: CCC Export Credit Guarantee (GSM-102) Program.
    OMB Number: 0551-0004.
    Expiration Date of Approval: November 30, 2017.
    Type of Request: Revision of a currently approved information 
    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 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 0.38 hours per response.
    Respondents: U.S. exporters, U.S. financial institutions, and 
foreign financial institutions.
    Estimated Number of Respondents: 88 per annum.
    Estimated Number of Responses per Respondent: 42.05 per annum.
    Estimated Total Annual Burden of Respondents: 1,423 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 
Connie Ehrhart, the Agency Information Collection Coordinator, at (202) 
690-1690 or email at [email protected].
    All responses to this notice will be summarized and included in the 
request for OMB approval. All comments also will become a matter of 
public record.

    Dated: May 24, 2017.
Holly Higgins,
Acting Administrator, Foreign Agricultural Service, and Acting Vice 
President, Commodity Credit Corporation.
[FR Doc. 2017-12649 Filed 6-16-17; 8:45 am]