80 FR 76485 - Agency Information Collection Activities: Comment Request: Form Title: EIB 03-02, Application for Medium Term Insurance or Guarantee

EXPORT-IMPORT BANK

Federal Register Volume 80, Issue 236 (December 9, 2015)

The Export-Import Bank of the United States (Ex-Im Bank), as a part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal Agencies to comment on the proposed information collection, as required by the Paperwork Reduction Act of 1995. The purpose of this collection is to gather information necessary to make a determination of eligibility of a transaction for Ex-Im Bank assistance under its medium-term guarantee and insurance program. The Export-Import Bank has made a change to the report to have the financial institution provide specific information (industry code, number of employees and annual sales volume) needed to make a determination as to whether or not the exporter meets the SBA's definition of a small business. The financial institution already provides the exporter's name and address. These additional pieces of information will allow Ex-Im Bank to better track the extent to which its support assists U.S. small businesses. The other change that Ex-Im Bank has made is to require the financial institution to indicate whether the exporter is a minority- owned business, women-owned business and/or veteran-owned business. Although answers to the questions are mandatory, the company may choose any one of the three answers: Yes/No/Decline to Answer. The option of ``Decline to Answer'' allows a company to consciously decline to answer the specific question should they not wish to provide that information. The form can be viewed at: http://www.exim.gov/sites/default/files/ pub/pending/eib03-02_0.pdf.

[Federal Register Volume 80, Number 236 (Wednesday, December 9, 2015)]
[Notices]
[Page 76485]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-31014]


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EXPORT-IMPORT BANK

[Public Notice: 2015-3013]


Agency Information Collection Activities: Comment Request: Form 
Title: EIB 03-02, Application for Medium Term Insurance or Guarantee

AGENCY: Export-Import Bank of the U.S.

ACTION: Submission for OMB review and comments request.

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SUMMARY: The Export-Import Bank of the United States (Ex-Im Bank), as a 
part of its continuing effort to reduce paperwork and respondent 
burden, invites the general public and other Federal Agencies to 
comment on the proposed information collection, as required by the 
Paperwork Reduction Act of 1995.
    The purpose of this collection is to gather information necessary 
to make a determination of eligibility of a transaction for Ex-Im Bank 
assistance under its medium-term guarantee and insurance program.
    The Export-Import Bank has made a change to the report to have the 
financial institution provide specific information (industry code, 
number of employees and annual sales volume) needed to make a 
determination as to whether or not the exporter meets the SBA's 
definition of a small business. The financial institution already 
provides the exporter's name and address. These additional pieces of 
information will allow Ex-Im Bank to better track the extent to which 
its support assists U.S. small businesses.
    The other change that Ex-Im Bank has made is to require the 
financial institution to indicate whether the exporter is a minority-
owned business, women-owned business and/or veteran-owned business. 
Although answers to the questions are mandatory, the company may choose 
any one of the three answers: Yes/No/Decline to Answer. The option of 
``Decline to Answer'' allows a company to consciously decline to answer 
the specific question should they not wish to provide that information.
    The form can be viewed at: http://www.exim.gov/sites/default/files/pub/pending/eib03-02_0.pdf.

DATES: Comments should be received on or before January 8, 2016, 2016 
to be assured of consideration.

ADDRESSES: Comments may be submitted electronically on http://www.regulations.gov (EIB:03-02) or by mail to Office of Information and 
Regulatory Affairs, 725 17th Street NW., Washington, DC 20038, Attn: 
OMB 3048-0014.

SUPPLEMENTARY INFORMATION:
    Titles and Form Number: EIB 03-02, Application for Medium Term 
Insurance or Guarantee.
    OMB Number: 3048-0014.
    Type of Review: Regular.
    Need and Use: The purpose of this collection is to gather 
information necessary to make a determination of eligibility of a 
transaction for Ex-Im Bank assistance under its medium-term guarantee 
and insurance program.
    Affected Public: This form affects entities involved in the export 
of U.S. goods and services.
    Annual Number of Respondents: 400.
    Estimated Time per Respondent: 1.2 hour.
    Annual Burden Hours: 480 hours.
    Frequency of Reporting or Use: As needed.
    Government Expenses:
    Reviewing Time per Year: 700 hours.
    Average Wages per Hour: $42.50.
    Average Cost per Year: $29,750 (time*wages).
    Benefits and Overhead: 20%.
    Total Government Cost: $35,700.

Bonita Jones-McNeil,
Program Analyst, Records Management Division, Office of the Chief 
Information Officer.
[FR Doc. 2015-31014 Filed 12-8-15; 8:45 am]
BILLING CODE 6690-01-P