82_FR_56505
Page Range | 56278-56278 | |
FR Document | 2017-25696 |
[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] ======================================================================= ----------------------------------------------------------------------- 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. ----------------------------------------------------------------------- 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
Category | Regulatory Information | |
Collection | Federal Register | |
sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
Publisher | Office of the Federal Register, National Archives and Records Administration | |
Section | Notices | |
Action | Notice and request for comments. | |
Dates | Comments must be received within thirty (30) calendar days of publication of this Notice. | |
Contact | OPIC Agency Submitting Officer: James Bobbitt, (202) 336-8558. | |
FR Citation | 82 FR 56278 |