Federal Register: March 18, 1999 (Volume 64, Number 52)]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
This section of the FEDERAL REGISTER contains documents other than rules or proposed rules that are applicable to the public. Notices of hearings and investigations, committee meetings, agency decisions and rulings, delegations of authority, filing of petitions and applications and agency statements of organization and functions are examples of documents appearing in this section.
DEPARTMENT OF AGRICULTURE
Submission for OMB Review; Comment Request
|AGENCY:||Foreign Agricultural Service|
|SUMMARY:||Title: Request for Vessel Approval. OMB Control Number: 0551-0008. Summary of Collection: Title I of the Agricultural Trade Development and Assistance Act of 1954 (Public Law 480, 83rd Congress, as amended) provides for U.S. government financing of sales of U.S. agricultural commodities to recipients (foreign countries or private entities). In accordance with the law, an agreement providing for long- term credit financing is first negotiated with the recipient through diplomatic channels. Within the U.S. government, the Foreign Agricultural Service (FAS) of the Department of Agriculture (USDA) is the agency responsible for administering Public Law 480, Title I (``Title I'') agreements. After an agreement has been signed, the recipient applies to FAS for authorization to purchase each commodity provided in the agreement. A purchase authorization is issued which provides for financing of commodity sales by the Commodity Credit Corporation. The recipient then purchases the commodity for delivery at U.S. ports and arranges for ocean transportation. The recipient must send the pertinent terms of all proposed ocean freight contracts, regardless of whether any portion of the ocean freight is financed by CCC, to FAS for review and approval before the vessel is ``fixed'' (i.e., contracted). FAS will collect information using form CCC-105, ``Request for Vessel Approval''. Need and Use of the Information: FAS will collect information on the ocean freight contract. The information is needed to insure that Title I recipient comply with the requirement that U.S.-flag vessels carry 75 percent of the tonnage shipped under this program. The information is used by FAS to ensure that program recipients comply with Public Law 664 (Cargo Preference Act) and the Merchant Marine Act of 1936, as amended. FAS also uses the information to prepare Form CCC- 106, ``Advice of Vessel Approval,'' which specifies what part of the ocean freight rate will be financed by the CCC. Description of Respondents: Business or other for-profit. Number of Respondents: 11. Frequency of Responses: Reporting: On occasion. Total Burden Hours: 25.|