[Federal Register Volume 61, Number 85 (Wednesday, May 1, 1996)]
[Notices]
[Page 19319]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-10787]



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INTERNATIONAL DEVELOPMENT COOPERATION AGENCY

Overseas Private Investment Corporation


Submission for OMB review; Comment Request

AGENCY: Overseas Private Investment Corporation, IDCA.

ACTION: Request for comments.

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SUMMARY: Under the provisions of the Paperwork Reduction Act (44 U.S.C. 
Chapter 35), agencies are required to submit information collection 
requests to OMB for review and approval, and to publish a notice in the 
Federal Register notifying the public that the Agency has made such a 
submission. The proposed form under review is summarized below.

DATES: Comments are being solicited on the need for the information, 
its practical utility, the accuracy of the Agency's burden estimate, 
and on ways to minimize the reporting burden. Comments must be received 
by May 31, 1996. If you anticipate commenting on the form but find that 
the time to prepare will prevent you from submitting comments promptly, 
you should advise the OMB Reviewer and the Agency Submitting Officer of 
your intent as early as possible.

ADDRESSES: Copies of the subject form and the request for review 
submitted to OMB may be obtained from the Agency Submitting Officer. 
Comments on the form should be submitted to the Agency Submitting 
Officer and the OMB Reviewer.

FOR FURTHER INFORMATION CONTACT: OPIC Agency Submitting Officer: Lena 
Paulsen, Manager, Information Center, Overseas Private Investment 
Corporation, 1100 New York Avenue, N.W., Washington, D.C. 20527; 202/
336-8565.
    OMB Reviewer: Jeff Hill, Office of Information and Regulatory 
Affairs, Office of Management and Budget, New Executive Office 
Building, Docket Library, Room 3201, Washington, D.C. 20503; 202/395-
7340.

Summary of Form Under Review

    Type of Request: Revised form.
    Title: Application for Political Risk Investment Insurance.
    Form Number: OPIC-52.
    Frequency of Use: Once per investor per project.
    Type of Respondents: Business or other institutions (except farms); 
individuals.
    Standard Industrial Classification Codes: All.
    Description of Affected Public: U.S. companies or citizens 
investing overseas.
    Reporting Hours: 5 hours per project.
    Number of Responses: 160 per year.
    Federal Cost: $3,200 per year.
    Authority for Information Collection: Sections 231, 234(a), 239(d), 
and 240A of the Foreign Assistance Act of 1961, as amended.
    Abstract (Needs and Users): The application is the principal 
document used by OPIC to determine the investor and project 
eligibility, assess the environmental impact and developmental effects 
of the project, measure the economic effects for the United States and 
the host country economy, and collect information for underwriting 
analysis.

    Dated: April 26, 1996.
James R. Offutt,
Assistant General Counsel, Department of Legal Affairs.
[FR Doc. 96-10787 Filed 4-30-96; 8:45 am]
BILLING CODE 3210-01-M