Request for Extension of a Currently Approved Information Collection: Management Advice to Individual Borrowers and Applicants, 23794-23795 [E7-8243]

Agencies

• DEPARTMENT OF AGRICULTURE
• Farm Service Agency

[Federal Register Volume 72, Number 83 (Tuesday, May 1, 2007)]
[Notices]
[Pages 23794-23795]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-8243]


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DEPARTMENT OF AGRICULTURE

Farm Service Agency


Request for Extension of a Currently Approved Information 
Collection: Management Advice to Individual Borrowers and Applicants

AGENCY: Farm Service Agency, USDA.

ACTION: Notice and request for comments.

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SUMMARY: In accordance with the Paperwork Reduction Act of 1995, this 
notice announces the intent of the Farm Service Agency (FSA) to request 
an extension of the Office of Management and Budget's (OMB) approval of 
previously approved information collection which supports FSA, Farm 
Loan Programs (FLP) loan making and servicing applications. This 
renewal does not involve any revisions to the program regulations.

DATES: Comments on this notice must be received on or before July 2, 
2007 to be assured of consideration.

FOR FURTHER INFORMATION CONTACT: Chuck Ropp, Senior Loan Officer, USDA, 
FSA, Farm Loan Programs, Program Development and Economic Enhancement 
Division, 1400 Independence Avenue, SW., STOP 0521, Washington, DC 
20250-0521; telephone (202) 680-4008; electronic mail: 
Clarence.ropp@wdc.usda.gov.

SUPPLEMENTARY INFORMATION:
    Title: Management Advice to Individual Borrowers and Applicants.
    OMB Control Number: 0560-0154.
    Expiration Date of Approval: December 31, 2007.
    Type of Request: Extension of a Currently Approved Information 
Collection.
    Abstract: The information collected under the OMB Control Number 
0560-0154 is necessary to provide proper farm assessments, credit 
counseling and supervision to direct loan borrowers in accordance with 
the requirements of 7 CFR part 1924 subpart B as authorized by the 
Consolidated Farm and Rural Development Act. Specifically, FSA uses the 
information to protect the Government's financial interests by ensuring 
that the farming operations of direct loan applicants and borrowers are 
properly assessed for short and long-term financial feasibility. The 
information is needed to assure that the recipients of direct loans 
receive appropriate credit counseling and supervision to ensure the 
greatest chance for financial success.
    Estimate of Burden: Public reporting burden for this collection of 
information is estimated to average 1.15 hours per response.
    Respondents: Individuals or households, businesses or other for 
profit and farms.
    Estimated Number of Respondents: 54,081.
    Estimated Number of Responses per Respondent: 2.3.
    Estimated Total Annual Burden on Respondents: 125,824.

[[Page 23795]]

    Comments are sought on these requirements including: (a) 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; (b) the accuracy of the agency's estimate of 
burden including the validity of the methodology and assumptions used; 
(c) ways to enhance the quality, utility, and clarity of the 
information to be collected; or (d) ways to minimize the burden of the 
collection of information on those who are to respond, including the 
use of appropriate automated, electronic, mechanical or other 
technological collections techniques or other form of information 
technology.
    These comments should be sent to the Desk Officer for Agriculture, 
Office of Information and Regulatory Affairs, Office of Management and 
Budget, Washington, DC 20503 and to Chuck Ropp, USDA, FSA, Farm Loan 
Programs, Program Development and Economic Enhancement Division, 1400 
Independence Avenue, SW., STOP 0521, Washington, DC 20250-0521. Copies 
of the information collection may be obtained from Chuck Ropp at the 
above address.
    Comments will be summarized and included in the request for OMB 
approval of the information collection. All comments will also become a 
matter of public record.

    Signed at Washington, DC, on April 23, 2007.
Teresa C. Lasseter,
Administrator, Farm Service Agency.
[FR Doc. E7-8243 Filed 4-30-07; 8:45 am]
BILLING CODE 3410-05-P