Notice2023-21963
Submission for OMB Review; Comment Request
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
October 4, 2023
Issuing agencies
Agriculture Department
Full Text
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<title>Federal Register, Volume 88 Issue 191 (Wednesday, October 4, 2023)</title>
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[Federal Register Volume 88, Number 191 (Wednesday, October 4, 2023)]
[Notices]
[Page 68559]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-21963]
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Federal Register / Vol. 88, No. 191 / Wednesday, October 4, 2023 /
Notices
[[Page 68559]]
DEPARTMENT OF AGRICULTURE
Submission for OMB Review; Comment Request
The Department of Agriculture has submitted the following
information collection requirement(s) to OMB for review and clearance
under the Paperwork Reduction Act of 1995, Public Law 104-13. Comments
are requested regarding: whether the collection of information is
necessary for the proper performance of the functions of the agency,
including whether the information will have practical utility; the
accuracy of the agency's estimate of burden including the validity of
the methodology and assumptions used; 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 those who are
to respond, including through the use of appropriate automated,
electronic, mechanical, or other technological collection techniques or
other forms of information technology.
Comments regarding this information collection received by November
3, 2023 will be considered. Written comments and recommendations for
the proposed information collection should be submitted within 30 days
of the publication of this notice on the following website
<a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>. Find this particular information
collection by selecting ``Currently under 30-day Review--Open for
Public Comments'' or by using the search function.
An agency may not conduct or sponsor a collection of information
unless the collection of information displays a currently valid OMB
control number and the agency informs potential persons who are to
respond to the collection of information that such persons are not
required to respond to the collection of information unless it displays
a currently valid OMB control number.
Risk Management Agency
Title: Area Risk Protection Insurance.
OMB Control Number: 0563-0083.
Summary of Collection: FCIC is a wholly-owned Government
corporation created February 16, 1938 (7 U.S.C. 1501). The program was
amended previously, but Public Law 96-365, dated September 26, 1980,
provided for nationwide expansion of a comprehensive crop insurance
program. The Federal Crop Insurance Act (Act), as amended in later
years, further expanded the role of the crop insurance program to be
the principal tool for risk management by producers of agricultural
commodities. The Act further required that the crop insurance program
operate on an actuarially sound basis. To meet these goals, existing
crop programs must be improved and expanded, new crop products
developed, and new insurance concepts studied for possible
implementation. Meeting these goals requires the collection of a wide
range of information (data elements). These data elements are used in
part to determine insurance coverage, premiums, subsidies, payments,
and indemnities. It creates an information database used to support
continued development and improvements in crop insurance products
available to producers and which meet the goal of a sound insurance
program. The Act was again amended on June 20, 2000, by Public Law 106-
224 which mandates changes to crop insurance regulations, provides for
independent review of crop insurance products by persons experienced as
actuaries and in underwriting, and gives contracting authority for the
development of new products.
Need and use of the Information: The Area Risk Protection Insurance
(ARPI) includes three separate plans of insurance: (1) Area Revenue
Protection which protects against price declines and automatically
includes Upside Harvest Price Protection (UHPP) which protects against
price increases; (2) ARP with the Harvest Price Exclusion, which
excludes UHPP and protects against price declines but not against price
increases; and (3) Area Yield Protection which only protects against
loss of yield. Using a wide range of data elements producers are
required to report specific data when they apply for ARPI such as
acreage and yields. Insurance companies accept applications; issue
policies; establish and provide insurance coverage; compute liability,
premium, subsidies, and losses; indemnify producers; and report
specific data to FCIC as required in Appendix III/M13 Handbook.
If producers and insurance companies did not submit the required
data at the specified time, accurate liabilities, premium, and
subsidies may not be determined, errors may not be resolved timely,
producers may not receive accurate indemnities, payments may be late,
crop insurance may not be actuarially sound as mandated by the Act.
Description of Respondents: State, Local, and Tribal Governments.
Number of Respondents: 15,509.
Frequency of Responses: Annually.
Total Burden Hours: 57,047.
Levi S. Harrell,
Departmental Information Clearance Officer.
[FR Doc. 2023-21963 Filed 10-3-23; 8:45 am]
BILLING CODE 3410-08-P
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