Information Collection; Guaranteed Farm Loan Program, 48135 [2013-19015]

Agencies

• DEPARTMENT OF AGRICULTURE
• Farm Service Agency

[Federal Register Volume 78, Number 152 (Wednesday, August 7, 2013)]
[Notices]
[Page 48135]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-19015]


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Federal Register / Vol. 78, No. 152 / Wednesday, August 7, 2013 / 
Notices

[[Page 48135]]



DEPARTMENT OF AGRICULTURE

Farm Service Agency


Information Collection; Guaranteed Farm Loan Program

AGENCY: Farm Service Agency, USDA.

ACTION: Notice; request for comment.

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SUMMARY: In accordance with the Paperwork Reduction Act of 1995, the 
Farm Service Agency (FSA) is seeking comments from all interested 
individuals and organizations on the extension and revision of a 
currently approved information collection associated with the 
Guaranteed Farm Loan Program. This information collection is used to 
make and service loans guaranteed by FSA to eligible farmers and 
ranchers.

DATES: We will consider comments that we receive by October 7, 2013.

ADDRESSES: We invite you to submit comments on this notice. In your 
comments, include date, volume, and page number of this issue of the 
Federal Register. You may submit comments by any of the following 
methods:
     Federal eRulemaking Portal: Go to: www.regulations.gov. 
Follow the online instructions for submitting comments.
     Mail: Trent Rogers, Senior Loan Specialist, USDA, FSA, 
Stop 0522, 1400 Independence Avenue SW., Washington, DC 20250.
    You may also send comments to the Desk Officer for Agriculture, 
Office of Information and Regulatory Affairs, Office of Management and 
Budget, Washington, DC 20503. Copies of the information collection may 
be requested by contacting Trent Rogers at the above addresses.

FOR FURTHER INFORMATION CONTACT: Trent Rogers, Senior Loan Specialist, 
(202) 720-3889.

SUPPLEMENTARY INFORMATION:

Description of Information Collection

    Title: Guaranteed Farm Loans.
    OMB Number: 0560-0155.
    Expiration Date of Approval: 01/31/2014.
    Type of Request: Extension with revision.
    Abstract: This information collected under OMB Number 0560-0155 is 
needed to effectively administer the FSA guaranteed farm loan programs. 
The information is collected by the FSA loan official in consultation 
with participating commercial lenders. The basic objective of the 
guaranteed loan program is to provide credit to applicants who are 
unable to obtain credit from lending institutions without a guarantee. 
The reporting requirements imposed on the public by the regulations at 
7 CFR part 762 are necessary to administer the guaranteed loan program 
in accordance with statutory requirements of the Consolidated Farm and 
Rural Development Act and are consistent with commonly performed 
lending practices. Collection of information after loans are made is 
necessary to protect the Government's financial interest. The revision 
to the information reflects that the burden hours have decreased due to 
less usage of interest assistance agreement form because FSA does not 
have funding for the interest assistance program.
    Estimate of Average Time to respond: 62.2 minutes per response. The 
average travel time, which is included in the total annual burden, is 
estimated to be 1 hour per respondent.
    Type of Respondents: Farmers and ranchers.
    Estimated Number of Respondents: 16,100.
    Estimated Number of Report Filed per Respondent: 15.1.
    Estimated Total Annual Number of Responses: 243,834.
    Estimated Total Annual Burden Hours: 252,939.
    We are requesting comments on all aspects of this information 
collection to help us to:
    (1) Evaluate whether the collection of information is necessary for 
the proper performance of the functions of FSA, including whether the 
information will have practical utility;
    (2) Evaluate the accuracy of FSA's estimate of burden including the 
validity of the methodology and assumptions used;
    (3) Enhance the quality, utility, and clarity of the information to 
be collected; and
    (4) 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.
    All responses to this notice, including name and addresses when 
provided, will be summarized and included in the request for OMB 
approval. All comments will also become a matter of public record.

    Signed on July 26, 2013.
Juan M. Garcia,
Administrator, Farm Service Agency.
[FR Doc. 2013-19015 Filed 8-6-13; 8:45 am]
BILLING CODE 3410-05-P