82 FR 56278 - Submission for OMB Review; Comments Request

OVERSEAS PRIVATE INVESTMENT CORPORATION

Federal Register Volume 82, Issue 227 (November 28, 2017)

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 modifying an existing information collection for OMB review and approval and requests public review and comment on the submission. OPIC received one set of 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 OPIC's 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.

[Federal Register Volume 82, Number 227 (Tuesday, November 28, 2017)]
[Notices]
[Page 56278]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-25696]


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OVERSEAS PRIVATE INVESTMENT CORPORATION

[OPIC-252, OMB 3420-0036]


Submission for OMB Review; Comments Request

AGENCY: Overseas Private Investment Corporation (OPIC).

ACTION: Notice and request for comments.

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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 modifying an existing information collection 
for OMB review and approval and requests public review and comment on 
the submission. OPIC received one set of 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 OPIC's 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: Comments must be received within thirty (30) calendar days of 
publication of this Notice.

ADDRESSES: Mail all comments and requests for copies of the subject 
form to OPIC's Agency Submitting Officer: James Bobbitt, Overseas 
Private Investment Corporation, 1100 New York Avenue NW., Washington, 
DC 20527. See SUPPLEMENTARY INFORMATION for other information about 
filing.

FOR FURTHER INFORMATION CONTACT: OPIC Agency Submitting Officer: James 
Bobbitt, (202) 336-8558.

SUPPLEMENTARY INFORMATION: OPIC originally published a sixty (60) 
notice informing the public that it was renewing an existing 
collection. This notice was published in Federal Register volume 82 
page 44220 on September 21, 2017. OPIC received one set of comments in 
response to the sixty (60) day notice and has made changes to the 
collection in response. OPIC has edited Question 6 to prompt 
affirmative answers to provide more information and also corrected an 
abbreviation in Question 7.
    These are the only proposed changes to the OPIC-252.
    All mailed comments and requests for copies of the subject form 
should include form number OPIC-252 on both the envelope and in the 
subject line of the letter. Electronic comments and requests for copies 
of the subject form may be sent to [email protected], subject line 
OPIC-252.

Summary Form Under Review

    Type of Request: Extension without change of a currently approved 
information collection.
    Title: U.S. Effects Screening Questionnaire.
    Form Number: OPIC-252.
    Frequency of Use: One per investor per project per year (as needed) 
and OPIC-supported financial intermediaries (as required by finance 
agreement or insurance contract).
    Type of Respondents: Business or other institutions; individuals.
    Standard Industrial Classification Codes: All.
    Description of Affected Public: U.S. companies or citizens 
investing overseas.
    Reporting Hours: 212.5 (2.125 hours per form).
    Number of Responses: 100 per year.
    Federal Cost: $16,104.
    Authority for Information Collection: Sections 231(k)-(m) of the 
Foreign Assistance Act of 1961, as amended.
    Abstract (Needs and Uses): The U.S. Effects Screening Questionnaire 
(OPIC-252) is a pre-screener used to identify an investment's potential 
negative impacts on the U.S. economy and employment. Title VI of the 
Foreign Assistance Act of 1961, as amended, prohibits OPIC from 
supporting investments that are likely to cause the loss of U.S. jobs, 
or that have performance requirements that may reduce substantially the 
positive trade benefits likely to accrue to the U.S. from the 
investment. OPIC-252 is used as a low-burden pre-screener which is 
submitted prior to a formal OPIC application or as required by OPIC-
supported financial intermediaries. Pre-screening reduces the 
likelihood that an applicant will only be told after completing the 
application process that the project is barred for policy reasons. 
Projects which proceed to a full application will fill out the more 
detailed OPIC-248 to ensure full compliance with OPIC's policies.

    Dated: November 21, 2017.
Nichole Skoyles,
Administrative Counsel, Department of Legal Affairs.
[FR Doc. 2017-25696 Filed 11-27-17; 8:45 am]
BILLING CODE 3210-01-P