97-30845. Financial Management Service; Proposed Collection of Information: Annual Financial Statement of Surety CompaniesSchedule F

[Federal Register Volume 62, Number 227 (Tuesday, November 25, 1997)]
[Notices]
[Page 62803]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-30845]


-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Fiscal Service


Financial Management Service; Proposed Collection of Information: 
Annual Financial Statement of Surety Companies--Schedule F

AGENCY: Financial Management Service, Fiscal Service, Treasury.

ACTION: Notice and request for comments.

-----------------------------------------------------------------------

SUMMARY: The Financial Management Service, as part of its continuing 
effort to reduce paperwork and respondent burden, invites the general 
public and other Federal agencies to take this opportunity to comment 
on a continuing information collection. By this notice, the Financial 
Management Service solicits comments concerning the form ``Annual 
Financial Statement of Surety Companies--Schedule F.''

DATES: Written comments should be received on or before January 26, 
1997.

ADDRESSES: Direct all written comments to Financial Management Service, 
3361-L 75th Avenue, Landover, Maryland 20785.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the form(s) and instructions should be directed to the Surety 
Bond Branch, 3700 East-West Highway, Hyattsville, Maryland 20782, (202) 
874-6850.

SUPPLEMENTARY INFORMATION: Pursuant to the Paperwork Reduction Act of 
1995, (44 U.S.C. 3506(c)(2)(A)), the Financial Management Service 
solicits comments on the collection of information described below.
    Title: Annual Financial Statement of Surety Companies--Schedule F.
    OMB Number: 1510-0012.
    Form Number: FMS 6314.
    Abstract: This form provides information that is used to determine 
the amount of unauthorized reinsurance of a Treasury Certified Company, 
and to compute its underwriting limitations. This computation is 
necessary to ensure the solvency of companies certified by Treasury, 
and their ability to carry out contractual surety requirements.
    Current Actions: Extension of currently approved collection.
    Type of Review: Regular.
    Affected Public: Businesses or other for-profit.
    Estimated Number of Respondents: 385.
    Estimated Time Per Respondent: varies from 8 hrs-80 hrs.
    Estimated Total Annual Burden Hours: 16,324.
    Comments: Comments submitted in response to this notice will be 
summarized and/or included in the request for Office of Management and 
Budget approval. All comments will become a matter of public record. 
Comments are invited on: (a) Whether the collection of information is 
necessary for the proper performance of the functions of the agency, 
including whether the information shall have practical utility; (b) the 
accuracy of the agency's estimate of the burden of the collection of 
information; (c) ways to enhance the quality, utility, and clarity of 
the information to be collected; (d) ways to minimize the burden of the 
collection of information on respondents, including through the use of 
automated collection techniques or other forms of information 
technology; and (e) estimates of capital or start-up costs and costs of 
operation, maintenance and purchase of services to provide information.

    Dated: November 19, 1997.
Mitchell A. Levine,
Assistant Commissioner.
[FR Doc. 97-30845 Filed 11-24-97; 8:45 am]
BILLING CODE 4810-35-M