83_FR_48459 83 FR 48274 - Submission for OMB Review; Comment Request

83 FR 48274 - Submission for OMB Review; Comment Request

DEPARTMENT OF AGRICULTURE

Federal Register Volume 83, Issue 185 (September 24, 2018)

Page Range48274-48274
FR Document2018-20686

Federal Register, Volume 83 Issue 185 (Monday, September 24, 2018)
[Federal Register Volume 83, Number 185 (Monday, September 24, 2018)]
[Notices]
[Page 48274]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-20686]


========================================================================
Notices
                                                Federal Register
________________________________________________________________________

This section of the FEDERAL REGISTER contains documents other than rules 
or proposed rules that are applicable to the public. Notices of hearings 
and investigations, committee meetings, agency decisions and rulings, 
delegations of authority, filing of petitions and applications and agency 
statements of organization and functions are examples of documents 
appearing in this section.

========================================================================


Federal Register / Vol. 83, No. 185 / Monday, September 24, 2018 / 
Notices

[[Page 48274]]



DEPARTMENT OF AGRICULTURE


Submission for OMB Review; Comment Request

September 19, 2018.
    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 (1) 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; (2) the 
accuracy of the agency's estimate of burden including the validity of 
the methodology and assumptions used; (3) ways to enhance the quality, 
utility and clarity of the information to be collected; and (4) 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 October 
24, 2018 will be considered. Written comments should be addressed to: 
Desk Officer for Agriculture, Office of Information and Regulatory 
Affairs, Office of Management and Budget (OMB), New Executive Office 
Building, 725 17th Street NW, Washington, DC 20502. Commenters are 
encouraged to submit their comments to OMB via email to: 
[email protected] or fax (202) 395-5806 and to Departmental 
Clearance Office, USDA, OCIO, Mail Stop 7602, Washington, DC 20250-
7602. Copies of the submission(s) may be obtained by calling (202) 720-
8958.
    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.

Rural Business Cooperative Service

    Title: 7 CFR part 1980-E, Business and Industry Loan Program.
    OMB Control Number: 0570-0014.
    Summary of Collection: The Business and Industry (B&I) program was 
legislated in 1972, under Section 310B of the Consolidated Farm and 
Rural Development Act (Con Act), as amended. The purpose of the program 
is to improve, develop, or finance businesses, industries, and 
employment and improve the economic and environmental climate in rural 
communities, including pollution abatement and control. This purpose is 
achieved through bolstering the existing private credit structure by 
making direct loans, thereby providing lasting community benefits. The 
B&I program is administered by the Agency through Rural Development 
State and sub-State Offices serving the State.
    7 CFR 1980-E, in conjunction with 7 CFR 1942-A, and other 
regulations, is currently used only for making B&I Direct Loans. 7 CFR 
1951-E is used for servicing B&I Direct and Community Facility loans. 
All reporting and recordkeeping burden estimates for making and 
servicing B&I Guaranteed Loans have been moved to the B&I Guaranteed 
Loan Program regulations, 7 CFR 4279-A and B and 4287-B. Consequently, 
only a fraction of the total reporting and recordkeeping burden for 
making and servicing B&I Direct Loans is reflected in this document.
    Need and Use of the Information: RD will collect the minimum 
information needed from loan applicants and commercial lenders to make 
determinations regarding program eligibility, the current financial 
condition of a business and loan security as required by the Con Act. 
Most of the information is collected only once, and the agency monitors 
the progress of the business through the analysis of annual borrower 
financial statements and visits to the borrower.
    Description of Respondents: Individuals or Households; Business or 
Other for Profit.
    Number of Respondents: 16.
    Frequency of Responses: Reporting: On occasion.
    Total Burden Hours: 228.

Rural Business Service

    Title: 7 CFR 1951-R, Rural Development Loan Servicing.
    OMB Control Number: 0570-0015.
    Summary of Collection: The Rural Development (RD) Loan Servicing 
was legislated in 1985 under Section 1323 of the Food and Security Act 
of 1985. This action is needed to implement the provision of Section 
407 of the Health and Human Services Act of 1986, which amended Section 
1323 of the Food and Security Act of 1985. 7 CFR part 1951, subpart R 
contains regulations for servicing and liquidating existing loans 
previously approved and administered by the U.S. Department of Health 
and Human Services (HHS) under 45 CFR part 1076 and transferred from 
HHS to the Department of Agriculture. This subpart contains regulations 
for servicing and liquidating loans made by RD under the Intermediary 
Relending Program to eligible intermediaries and applies to ultimate 
recipients and other involved parties.
    Need and Use of the Information: The information requested is a 
statement of financial condition from the intermediary, i.e. assets and 
liabilities, income statement and a summary of the intermediary's total 
lending program. The required financial information provided by the 
Intermediary is vital to RD for the Agency to make sound credit and 
financial analysis decisions and monitor the program.
    Description of Respondents: Not-for-profit institutions; Business 
or other for-profit.
    Number of Respondents: 450.
    Frequency of Responses: Reporting: On occasion; Quarterly; Semi-
annually; Annually.
    Total Burden Hours: 11,253.

Ruth Brown,
Departmental Information Collection Clearance Officer.
[FR Doc. 2018-20686 Filed 9-21-18; 8:45 am]
 BILLING CODE 3410-XY-P



                                              48274

                                              Notices                                                                                                       Federal Register
                                                                                                                                                            Vol. 83, No. 185

                                                                                                                                                            Monday, September 24, 2018



                                              This section of the FEDERAL REGISTER                    displays a currently valid OMB control                  Description of Respondents:
                                              contains documents other than rules or                  number and the agency informs                         Individuals or Households; Business or
                                              proposed rules that are applicable to the               potential persons who are to respond to               Other for Profit.
                                              public. Notices of hearings and investigations,         the collection of information that such                 Number of Respondents: 16.
                                              committee meetings, agency decisions and                persons are not required to respond to
                                              rulings, delegations of authority, filing of                                                                    Frequency of Responses: Reporting:
                                                                                                      the collection of information unless it               On occasion.
                                              petitions and applications and agency
                                                                                                      displays a currently valid OMB control
                                              statements of organization and functions are                                                                    Total Burden Hours: 228.
                                              examples of documents appearing in this                 number.
                                              section.                                                                                                      Rural Business Service
                                                                                                      Rural Business Cooperative Service
                                                                                                         Title: 7 CFR part 1980–E, Business                    Title: 7 CFR 1951–R, Rural
                                                                                                      and Industry Loan Program.                            Development Loan Servicing.
                                              DEPARTMENT OF AGRICULTURE
                                                                                                         OMB Control Number: 0570–0014.                        OMB Control Number: 0570–0015.
                                              Submission for OMB Review;                                 Summary of Collection: The Business                   Summary of Collection: The Rural
                                              Comment Request                                         and Industry (B&I) program was                        Development (RD) Loan Servicing was
                                                                                                      legislated in 1972, under Section 310B                legislated in 1985 under Section 1323 of
                                              September 19, 2018.                                     of the Consolidated Farm and Rural                    the Food and Security Act of 1985. This
                                                The Department of Agriculture has                     Development Act (Con Act), as                         action is needed to implement the
                                              submitted the following information                     amended. The purpose of the program is                provision of Section 407 of the Health
                                              collection requirement(s) to OMB for                    to improve, develop, or finance                       and Human Services Act of 1986, which
                                              review and clearance under the                          businesses, industries, and employment                amended Section 1323 of the Food and
                                              Paperwork Reduction Act of 1995,                        and improve the economic and                          Security Act of 1985. 7 CFR part 1951,
                                              Public Law 104–13. Comments are                         environmental climate in rural                        subpart R contains regulations for
                                              requested regarding (1) whether the                     communities, including pollution                      servicing and liquidating existing loans
                                              collection of information is necessary                  abatement and control. This purpose is                previously approved and administered
                                              for the proper performance of the                       achieved through bolstering the existing              by the U.S. Department of Health and
                                              functions of the agency, including                      private credit structure by making direct             Human Services (HHS) under 45 CFR
                                              whether the information will have                       loans, thereby providing lasting                      part 1076 and transferred from HHS to
                                              practical utility; (2) the accuracy of the              community benefits. The B&I program is                the Department of Agriculture. This
                                              agency’s estimate of burden including                   administered by the Agency through                    subpart contains regulations for
                                              the validity of the methodology and                     Rural Development State and sub-State                 servicing and liquidating loans made by
                                              assumptions used; (3) ways to enhance                   Offices serving the State.                            RD under the Intermediary Relending
                                              the quality, utility and clarity of the                    7 CFR 1980–E, in conjunction with 7                Program to eligible intermediaries and
                                              information to be collected; and (4)                    CFR 1942–A, and other regulations, is                 applies to ultimate recipients and other
                                              ways to minimize the burden of the                      currently used only for making B&I                    involved parties.
                                              collection of information on those who                  Direct Loans. 7 CFR 1951–E is used for
                                              are to respond, including through the                   servicing B&I Direct and Community                       Need and Use of the Information: The
                                              use of appropriate automated,                           Facility loans. All reporting and                     information requested is a statement of
                                              electronic, mechanical, or other                        recordkeeping burden estimates for                    financial condition from the
                                              technological collection techniques or                  making and servicing B&I Guaranteed                   intermediary, i.e. assets and liabilities,
                                              other forms of information technology.                  Loans have been moved to the B&I                      income statement and a summary of the
                                                Comments regarding this information                   Guaranteed Loan Program regulations, 7                intermediary’s total lending program.
                                              collection received by October 24, 2018                 CFR 4279–A and B and 4287–B.                          The required financial information
                                              will be considered. Written comments                    Consequently, only a fraction of the                  provided by the Intermediary is vital to
                                              should be addressed to: Desk Officer for                total reporting and recordkeeping                     RD for the Agency to make sound credit
                                              Agriculture, Office of Information and                  burden for making and servicing B&I                   and financial analysis decisions and
                                              Regulatory Affairs, Office of                           Direct Loans is reflected in this                     monitor the program.
                                              Management and Budget (OMB), New                        document.                                                Description of Respondents: Not-for-
                                              Executive Office Building, 725 17th                        Need and Use of the Information: RD                profit institutions; Business or other for-
                                              Street NW, Washington, DC 20502.                        will collect the minimum information                  profit.
                                              Commenters are encouraged to submit                     needed from loan applicants and                          Number of Respondents: 450.
                                              their comments to OMB via email to:                     commercial lenders to make                               Frequency of Responses: Reporting:
                                              OIRA_Submission@OMB.EOP.GOV or                          determinations regarding program                      On occasion; Quarterly; Semi-annually;
                                              fax (202) 395–5806 and to Departmental                  eligibility, the current financial                    Annually.
                                              Clearance Office, USDA, OCIO, Mail                      condition of a business and loan                         Total Burden Hours: 11,253.
                                              Stop 7602, Washington, DC 20250–                        security as required by the Con Act.
amozie on DSK3GDR082PROD with NOTICES1




                                              7602. Copies of the submission(s) may                   Most of the information is collected                  Ruth Brown,
                                              be obtained by calling (202) 720–8958.                  only once, and the agency monitors the                Departmental Information Collection
                                                An agency may not conduct or                          progress of the business through the                  Clearance Officer.
                                              sponsor a collection of information                     analysis of annual borrower financial                 [FR Doc. 2018–20686 Filed 9–21–18; 8:45 am]
                                              unless the collection of information                    statements and visits to the borrower.                BILLING CODE 3410–XY–P




                                         VerDate Sep<11>2014   17:40 Sep 21, 2018   Jkt 244001   PO 00000   Frm 00001   Fmt 4703   Sfmt 9990   E:\FR\FM\24SEN1.SGM   24SEN1



Document Created: 2018-09-22 00:33:30
Document Modified: 2018-09-22 00:33:30
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
FR Citation83 FR 48274 

2025 Federal Register | Disclaimer | Privacy Policy
USC | CFR | eCFR