Submission for OMB Review; Comment Request, 71068 [2010-29284]

Agencies

• DEPARTMENT OF AGRICULTURE

[Federal Register Volume 75, Number 224 (Monday, November 22, 2010)]
[Notices]
[Page 71068]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-29284]



[[Page 71068]]

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DEPARTMENT OF AGRICULTURE


Submission for OMB Review; Comment Request

November 16, 2010.
    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 
regarding (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; (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 should be addressed to: Desk 
Officer for Agriculture, Office of Information and Regulatory Affairs, 
Office of Management and Budget (OMB), OIRA_Submission@OMB.EOP.GOV or 
fax (202) 395-5806 and to Departmental Clearance Office, USDA, OCIO, 
Mail Stop 7602, Washington, DC 20250-7602. Comments regarding these 
information collections are best assured of having their full effect if 
received within 30 days of this notification. 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.

Farm Service Agency

    Title: 7 CFR 765, Direct Loan Servicing--Regular.
    OMB Control Number: 0560-0236.
    Summary of Collection: Authority to establish the regulatory 
requirements contained in 7 CFR 765, which provides that ``The Head of 
an Executive department or military department may prescribe 
regulations for the government of his department, the distribution and 
performance of its business * * *'' The Secretary delegated authority 
to administer the provisions of the Act applicable to the Farm Loan 
Program (FLP) to the Under Secretary for Farm and Foreign Agricultural 
Service in section 2.16 of 7 CFR part 2. FLP provides loans to family 
farmers to purchase real estate equipment and finance agricultural 
production. The regulations covered by this information collection 
package describes, the policies and procedures the agency uses to 
service most FLP loans to ensure borrowers are meeting the requirements 
of their loan agreements.
    Need and Use of the Information: Information requested under this 
collection is submitted to the office serving the county in which their 
business is headquartered. The information is used by the agency to 
consider whether a borrower is in compliance with their loan covenants, 
assist the borrower in achieving their business goals, conduct day-to-
day management of the agency's loan portfolio, and ensure that the 
agency's interests are protected. Failure to collect the information or 
collecting it less frequently could result in the failure of the farm 
operation or loss of agency security property or position.
    Description of Respondents: Business or other for-profit; Farms.
    Number of Respondents: 53,344.
    Frequency of Responses: Reporting: On occasion; Annually.
    Total Burden Hours: 63,189.

Farm Service Agency

    Title: 7 CFR 764, Direct Loan Making.
    OMB Control Number: 0560-0237.
    Summary of Collection: Authority to establish the regulatory 
requirements contained in 7 CFR 764, which provides that ``The Head of 
an Executive department or military department may prescribe 
regulations for the government of his department, the distribution and 
performance of its business * * *'' The Secretary delegated authority 
to administer the provisions of the Act applicable to the Farm Loan 
Program (FLP) to the Under Secretary for Farm and Foreign Agricultural 
Service in section 2.16 of 7 CFR part 2. FLP provides loans to family 
farmers to purchase real estate equipment and finance agricultural 
production. The Farm Service Agency (FSA) also provides the 
requirements associated with Farm Ownership, Operating, Emergency and 
Farm Storage Facility loan programs.
    Need and Use of the Information: Information is submitted by the 
applicants to the local agency office serving the county in which their 
business is headquartered. The information is necessary to thoroughly 
evaluate the applicant's request for a direct loan and is used by 
agency officials to: (1) Ensure that cash flow projections used in 
determining loan repayment are based on the actual production history 
of the operation, (2) Ensure that a loan is adequately secured, (3) 
Ensure the applicant meets the statutorily established program 
eligibility requirements, and (4) Obtain assignment on income or sales 
proceeds, when appropriate, to ensure timely repayment of the loans. If 
the information were not collected, or collected less frequently, the 
agency would be unable to meet the congressionally mandated mission of 
its loan programs.
    Description of Respondents: Business or other for-profit; Farms.
    Number of Respondents: 176,378.
    Frequency of Responses: Reporting: On occasion; Annually.
    Total Burden Hours: 310,347.

Ruth Brown,
Departmental Information Collection Clearance Officer.
[FR Doc. 2010-29284 Filed 11-19-10; 8:45 am]
BILLING CODE 3410-05-P