[Federal Register Volume 61, Number 184 (Friday, September 20, 1996)]
[Notices]
[Page 49518]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-24195]
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DEPARTMENT OF TRANSPORTATION
Office of the Secretary
Reports, Forms and Recordkeeping Requirements Agency Information
Collection Activity Under OMB Review
AGENCY: Department of Transportation (DOT).
ACTION: Notice.
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SUMMARY: In compliance with the Paperwork Reduction Act (44 U.S.C. 3501
et seq.), this notice announces that the Information Collection Request
(ICR) abstracted below has been forwarded to the Office of Management
and Budget (OMB) for review and comment. The ICR describes the nature
of the information collection and its expected cost and burden. The
Federal Register Notice with a 60-day comment period soliciting
comments on the following collection of information was published on
March 7, 1996 (FR 61, page 9223).
DATES: Comments must be submitted on or before October 21, 1996.
FOR FURTHER INFORMATION CONTACT: Richard Weaver, (202) 366-2811, and
refer to the OMB Control Number.
SUPPLEMENTARY INFORMATION:
Maritime Administration (MARAD)
Title: Uniform Financial Reporting Requirements.
Type of Request: Approval of changes to a currently approved
information collection.
OMB Control Number: 2133-0005.
Form Number: MA-172.
Affected Public: Various ship-building and ship-owning companies
which choose to participate in the Maritime Administration's loan
guarantee and operating support programs.
Abstract: Form MA-172 consists of a balance sheet, an income
statement, schedules of debt and equipment, and listings of company
officers, stockholders, and related parties. In order to reduce the
burden of the current information collection, Form MA-172 would be
reduced in scope and number of schedules. The information in the MA-172
is integral to conventional financial records generally kept by all
businesses, but is supplemental to their financial statements prepared
periodically. Therefore, much of the form can be satisfied by the
information found in the financial statements audited by certified
public accountants and can be substituted by copies of the published
data or listings from the company records.
Thus, the time required to complete a MA-172 can be reduced to an
efficient gathering of existing documents.
Need and Use of the Information: MARAD administers financial
assistance programs promoting the U.S. merchant marine. This
information collection is in compliance with those program regulations
requiring financial reporting used in reviews and analyses to determine
compliance with contractual requirements and to evaluate industry
financial trends.
Estimated Annual Burden: The total annual burden is 2,375 hours for
190 responses, 12 hours per response. The total hours should decrease
when the changes covered by this request for comments are implemented.
ADDRESSES: Send comments to the Office of Information and Regulatory
Affairs, Office of Management and Budget, 725-17th Street, NW,
Washington, DC 20503, Attention OST Desk Officer.
Comments are Invited on: whether the proposed collection of
information is necessary for the proper performance of the functions of
the Department, including whether the information will have practical
utility; the accuracy of the Department's estimate of the burden of the
proposed information collection; ways to enhance the quality, utility
and clarity of the information to be collected; and ways to minimize
the burden of the collection of information on respondents, including
the use of automated collection techniques or other forms of
information technology.
Issued in Washington, DC, on September 17, 1996.
Phillip A. Leach,
Clearance Officer, United States Department of Transportation.
[FR Doc. 96-24195 Filed 9-19-96; 8:45 am]
BILLING CODE 4910-62-P