83 FR 54705 - Information Collection Activity; Comment Request

DEPARTMENT OF AGRICULTURE
Rural Utilities Service

Federal Register Volume 83, Issue 211 (October 31, 2018)

In accordance with the Paperwork Reduction Act of 1995, the United States Department of Agriculture (USDA) Rural Utilities Service (RUS) invites comments on this information collection for which RUS intends to request approval from the Office of Management and Budget (OMB).

[Federal Register Volume 83, Number 211 (Wednesday, October 31, 2018)]
[Notices]
[Page 54705]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-23728]


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DEPARTMENT OF AGRICULTURE

Rural Utilities Service


Information Collection Activity; Comment Request

AGENCY: Rural Utilities Service, USDA.

ACTION: Notice and request for comments.

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SUMMARY: In accordance with the Paperwork Reduction Act of 1995, the 
United States Department of Agriculture (USDA) Rural Utilities Service 
(RUS) invites comments on this information collection for which RUS 
intends to request approval from the Office of Management and Budget 
(OMB).

DATES: Comments on this notice must be received by December 31, 2018.

FOR FURTHER INFORMATION CONTACT: Michele Brooks, Team Lead, Rural 
Development Innovation Center--Regulatory Team, USDA, 1400 Independence 
Ave. SW, STOP 1522, Room 5162, South Building, Washington, DC 20250-
1522. Telephone: (202) 690-1078. FAX: (202) 720-4120. Email: 
[email protected].

SUPPLEMENTARY INFORMATION: The Office of Management and Budget's (OMB) 
regulation (5 CFR 1320) implementing provisions of the Paperwork 
Reduction Act of 1995 (Pub. L. 104-13) requires that interested members 
of the public and affected agencies have an opportunity to comment on 
information collection and recordkeeping activities (see 5 CFR 
1320.8(d)). This notice identifies an information collection that RUS 
is submitting to OMB for reinstatement.
    Comments are invited on: (a) Whether the proposed collection of 
information is necessary for the proper performance of the functions of 
the Agency, including whether the information will have practical 
utility; (b) the accuracy of the Agency's estimate of the burden of the 
proposed collection of information including the validity of the 
methodology and assumptions used; (c) ways to enhance the quality, 
utility and clarity of the information to be collected; and (d) 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 may be sent to: Michele 
Brooks, Team Lead, Rural Development Innovation Center--Regulatory 
Team, U.S. Department of Agriculture, STOP 1522, 1400 Independence Ave. 
SW, Washington, DC 20250-1522. Telephone: (202) 690-1078. FAX: (202) 
720-8435. Email: [email protected].
    Title: Lien Accommodations and Subordinations, 7 CFR 1717, Subparts 
R & S.
    OMB Control Number: 0572-0100.
    Type of Request: Revision of a currently approved collection.
    Abstract: The Rural Electrification (RE) Act of 1936, as amended (7 
U.S.C. 901 et seq.), authorizes and empowers the Administrator of RUS 
to make loans in the several United States and Territories of the 
United States for rural Electrification and the furnishing of electric 
energy to persons in rural areas who are not receiving central station 
service. The RE Act also authorizes and empowers the Administrator of 
RUS to provide financial assistance to borrowers for purposes provided 
in the RE Act by accommodating or subordinating loans made by the 
national Rural Utilities Cooperative Finance Corporation, the Federal 
Financing Bank, and other lending agencies. Title 7 CFR part 1717, 
subparts R & S sets forth policy and procedures to facilitate and 
support borrowers' efforts to obtain private sector financing of their 
capital needs, to allow borrowers greater flexibility in the management 
of their business affairs without compromising RUS loan security, and 
to reduce the cost to borrowers, in terms of time, expenses and 
paperwork, of obtaining lien accommodations and subordinations. The 
information required to be submitted is limited to necessary 
information that would allow the Agency to make a determination on the 
borrower's request to subordinate and accommodate their lien with other 
lenders.
    Estimate of Burden: Public Reporting burden for this collection of 
information is estimated to average 19 hours per response.
    Respondents: Not-for-profit institutions; Business or other for 
profit.
    Estimated Number of Respondents: 1.
    Estimated Number of Responses per Respondent: 1.
    Estimated Total Annual Burden on Respondents: 19.25 hours.
    Copies of this information collection can be obtained from Kimble 
Brown, Regulations Team, Innovation Center, at (202) 692-0043 or email: 
[email protected].
    All responses to this notice will be summarized and included in the 
request for OMB approval. All comments will also become a matter of 
public record.

    Dated: October 18, 2018.
Christopher A. McLean,
Acting Administrator, Rural Utilities Service.
[FR Doc. 2018-23728 Filed 10-30-18; 8:45 am]
 BILLING CODE 3410-15-P