Submission for OMB Review; Comments Request

Citation84 FR 46764
Record Number2019-19172
Published date05 September 2019
SectionNotices
CourtOverseas Private Investment Corporation
Federal Register, Volume 84 Issue 172 (Thursday, September 5, 2019)
[Federal Register Volume 84, Number 172 (Thursday, September 5, 2019)]
                [Notices]
                [Pages 46764-46765]
                From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
                [FR Doc No: 2019-19172]
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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. The agencies received no comments in response to the sixty
                (60) day notice. The purpose of this notice is to allow an additional
                thirty (30) days for public comments to be submitted. 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 this collection upon OMB approval.
                Comments must be received by October 7, 2019.
                ADDRESSES: Comments and requests for copies of the subject information
                collection 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 this information
                collection. Electronic submissions must include the agency form number
                in the subject line to ensure proper routing. 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
                F.I. Andrade, (202) 336-8768.
                SUPPLEMENTARY INFORMATION: The Better Utilization of Investments
                Leading to Development (BUILD) Act of 2018, 22 U.S.C. 9601-9689,
                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 9685(a) of the Act tasks
                OPIC staff with assisting DFC in the transition. Section 9686(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
                [[Page 46765]]
                and request for comments on behalf of the DFC.
                 The agencies received no comments in response to the sixty (60) day
                notice published in Federal Register volume 84 page 30782 on June 27,
                2019.
                Summary Form Under Review
                 Title of Collection: Loan Transaction and Qualifying Loan Schedule
                Reports.
                 Type of Review: New information collection.
                 Agency Form Number: DFC-013.
                 OMB Form Number: Not assigned, new information collection.
                 Frequency: Semi-annual.
                 Affected Public: Financial Institutions.
                 Total Estimated Number of Annual Number of 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 August 30, 2019.
                Nichole Skoyles,
                Administrative Counsel, Department of Legal Affairs.
                [FR Doc. 2019-19172 Filed 9-4-19; 8:45 am]
                BILLING CODE 3210-01-P
                

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