SUMMARY: In accordance with the Paperwork
Reduction Act of 1995, this notice announces the
Commodity Credit Corporation's (CCC) intention
to request a revision for a currently approved
information collection in support of the CCC
Export Credit Guarantee Program (GSM-102) based
on current program levels and participants. CCC
is not requesting a revision or extension for a
currently approved information collection in
support of the Intermediate Term Guarantee
(GSM-103) Program or the Supplier Credit
Guarantee Program, due to repeal of these
the Food, Conservation, and Energy Act of 2008.
DATES: Comments on this notice must be received
by January 5, 2009 to be assured consideration.
Additional Information or Comments: Contact P. Mark Rowse,
Director, Office of Trade Programs, Credit
Program Division, Foreign Agricultural Service,
U.S. Department of Agriculture, AgStop 1025,
Washington, DC 20250-1025, telephone (202)
Title: CCC Export Credit Guarantee (GSM-102) Program.
OMB Number: 0551-0004.
Expiration Date of Approval: March 31, 2009.
Type of Request: Revision of a currently approved information
Abstract: The primary objective of the GSM-102 program is to
expand U.S. agricultural exports by making
available export credit guarantees to encourage
U.S. private sector financing of foreign
purchases of U.S. agricultural commodities on
credit terms. The CCC currently has programs
operating in at least 176 countries and regions
with 2,900 exporters eligible to participate.
Under 7 CFR part 1493, exporters are required to
submit the following: (1) Information about the
for program participation; (2) export sales
information in connection with applying for a
payment guarantee; (3) information regarding the
actual export of the commodity (evidence of
export report); (4) notice of default and claims
for loss; and (5) other documents, if
applicable, including notice of assignment of
the right to receive proceeds under the export
credit guarantee. In addition, each exporter and
exporter's assignee (U.S. financial institution)
must maintain records on all information
submitted to CCC and in connection with sales
made under GSM-102. The information collected is
used by CCC to manage, plan, evaluate, and
account for government resources. The reports
and records are required to ensure the proper
and judicious use of public funds.
Estimate of Burden: The public reporting burden for these
collections is estimated to average 0.49 hours
Respondents: Exporters of U.S. agricultural commodities,
banks or other financial institutions, producer
associations, export trade associations, and
U.S. Government agencies.
Estimated Number of Respondents: 78 per annum.
Estimated Number of Responses per Respondent: 62.79 per
Estimated Total Annual Burden of Respondents: 2,400 hours.
Copies of this information collection can be obtained from
Tamoria Thompson, the Agency Information
Collection Coordinator, at (202) 690-1690 or
Requests for Comments: Send comments regarding (a) whether
the proposed collection of information is
necessary for the proper performance of the
functions of the agency, including whether the
information will have practical utility; (b) the
accuracy of the agency's estimate of the burden
of the proposed collection of information; (c)
ways to enhance the quality, utility, and
clarity of the information to be collected; and
(d) ways to minimize the burden of the
collection of information on those who are to
respond, including through the use of automated,
electronic, mechanical, or other technological
collection techniques or other forms of
information technology. Comments may be sent to
P. Mark Rowse, Director, Office of Trade
Programs, Credit Programs Division, Foreign
Agricultural Service, U.S. Department of
Agriculture, AgStop 1025, Washington, DC
20250-1025, or to the Desk Officer for
Agriculture, Office of Information and
Regulatory Affairs, Office of Management and
Budget (OMB), Washington, DC 20503. Persons with
disabilities who require an alternative means
for communication of information (Braille, large
etc.) should contact USDA's Target Center at
(202) 720-2600 (voice and TDD). All responses to
this notice will be summarized and included in
the request for OMB approval. All comments will
also become a matter of public record.
Dated: November 3, 2008.
Michael W. Yost,
Administrator, Foreign Agricultural Service.