Submission for OMB Review, Comments Request

• Published date: 27 June 2019
• Citation: 84 FR 30782
• Record Number: 2019-13688
• Section: Notices
• Court: Overseas Private Investment Corporation

Federal Register, Volume 84 Issue 124 (Thursday, June 27, 2019)

[Federal Register Volume 84, Number 124 (Thursday, June 27, 2019)]
                [Notices]
                [Page 30782]
                From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
                [FR Doc No: 2019-13688]
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                OVERSEAS PRIVATE INVESTMENT CORPORATION
                [DFC-013]
                Submission for OMB Review, Comments Request
                AGENCY: U.S. International Development Finance Corporation (DFC),
                Overseas Private Investment Corporation (OPIC).
                ACTION: Notice of information collection; request for comment.
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                SUMMARY: Under the provisions of the Paperwork Reduction Act, agencies
                are required to publish a Notice in the Federal Register notifying the
                public that the agency is creating a new information collection for OMB
                review and approval and requests public review and comment on the
                submission. Comments are being solicited on the need for the
                information; the accuracy of the burden estimate; the quality,
                practical utility, and clarity of the information to be collected; and
                ways to minimize reporting the burden, including automated collected
                techniques and uses of other forms of technology.
                DATES: DFC intends to begin use of these collections on October 1,
                2019. Comments must be received by August 26, 2019.
                ADDRESSES: Comments and requests for copies of the subject information
                collections may be sent by any of the following methods:
                 Mail: Catherine F.I. Andrade, Agency Submitting Officer,
                Overseas Private Investment Corporation, 1100 New York Avenue NW,
                Washington, DC 20527.
                 Email: [email protected].
                 Instructions: All submissions received must include the agency name
                and agency form number or OMB form number for the referenced
                information collection(s). Electronic submissions must include the full
                agency form number(s) in the subject line to ensure proper routing
                (e.g., ``DFC-013''). Please note that all written comments received in
                response to this notice will be considered public records.
                FOR FURTHER INFORMATION CONTACT: Agency Submitting Officer: Catherine
                Andrade, (202) 336-8768.
                SUPPLEMENTARY INFORMATION: The Better Utilization of Investments
                Leading to Development (BUILD) Act of 2018, Public Law 115-254 creates
                the U.S. International Development Finance Corporation (DFC) by
                bringing together the Overseas Private Investment Corporation (OPIC)
                and the Development Credit Authority (DCA) office of the U.S. Agency
                for International Development (USAID). Section 1465(a) of the Act tasks
                OPIC staff with assisting DFC in the transition. Section 1466(a)-(b)
                provides that all completed administrative actions and all pending
                proceedings shall continue through the transition to the DFC.
                Accordingly, OPIC is issuing this Paperwork Reduction Act notice and
                request for comments on behalf of the DFC.
                Summary Form Under Review
                 Title of Collection: Loan Transaction and Qualifying Loan Schedule
                Reports.
                 Type of Review: New collection.
                 Agency Form Number: DFC-013.
                 OMB Form Number: Not assigned.
                 Frequency: Semi-annual.
                 Affected Public: Financial Institutions.
                 Total Estimated Number of Annual Respondents: 300.
                 Estimated Time per Respondent: 4 hours.
                 Total Estimated Number of Annual Burden Hours: 2,400 hours.
                 Abstract: Semi-annual reporting by partner financial institutions
                via the Loan Transaction and Qualifying Loan Schedule Reports will be
                required to monitor financial compliance with the business terms in
                loan and bond guarantees administered by the DFC's Office of
                Development Credit and to analyze the guarantee portfolio and loans
                placed under guarantee coverage. The information collected in the
                reports may also play a role, when coupled with other methods and
                tools, in evaluating program effectiveness.
                 Dated: June 24, 2019.
                Dev Jagadesan,
                Deputy General Counsel, Department of Legal Affairs.
                [FR Doc. 2019-13688 Filed 6-26-19; 8:45 am]
                 BILLING CODE 3210-01-P