The Export-Import Bank of the United States (EXIM) is asking for comments on a proposed information collection aimed at reducing paperwork and simplifying processes, as required by the Paperwork Reduction Act of 1995. This collection will help gather necessary information from U.S. exporters to determine their eligibility for EXIM's support programs, such as direct loans and guarantees. The bank estimates that 1,500 respondents will take about 30 minutes each to complete the form. Comments on this proposal are due by March 28, 2025.
Simple Explanation
The Export-Import Bank wants people to share their thoughts on a new form that helps them check if companies can get help, like loans, to sell things from the U.S. to other countries. They are trying to make filling out the form easier and less time-consuming.