This ICR should be re-submitted when the final rule is reviewed by OMB.
Inventory as of this Action
Requested
Previously Approved
03/31/2012
36 Months From Approved
03/31/2012
30
0
30
270
0
270
0
0
0
The Defense Production Act Amendments of 1992, Section 123 (P.L. 102-558), which amended Section 309 of the Defense Production Act of 1950, requires United States firms to furnish information regarding offset agreements exceeding $5,000,000 in value associated with sales of weapon systems or defense-related items to foreign countries.
PL:
Pub.L. 102 - 558 123
Name of Law: Defense Production Act Amendments
EO: EO 12919 Name/Subject of EO: National Defense Industrial Resources Preparedness
This revision supports publication of the proposed rule entitled "Reporting of Offsets Adjustments in Sales of Weapons Systems or Defense-related Items to Foreign Countries or Froeign Firms." The proposed rule would require companies to assign the appropriate North American Industry Classification System (NAICS) code to each offset agreement. The addition of the NAICS code will make the data more useful by accurately specifying the commodity under the NAICS. This program change increases the burden hours by
90 hours.
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.