Interest Rates, 62932 [2013-24214]

Download as PDF 62932 Federal Register / Vol. 78, No. 204 / Tuesday, October 22, 2013 / Notices by the constitution or laws of the given State. Notice is hereby given that any interested person may submit written comments on the transaction, within fifteen days of the date of this publication, to the Associate Administrator for Investment, U.S. Small Business Administration, 409 Third Street SW., Washington, DC 20416. Michael A. Simmons, Acting Director, Office of Financial Assistance. [FR Doc. 2013–24214 Filed 10–21–13; 8:45 am] BILLING CODE 8025–01–P Dated: September 25, 2013. Pravina Raghavan, Acting Associate Administrator for Investment. SOCIAL SECURITY ADMINISTRATION Agency Information Collection Activities: Proposed Request and Comment Request [FR Doc. 2013–23970 Filed 10–21–13; 8:45 am] BILLING CODE 8025–01–M SMALL BUSINESS ADMINISTRATION Interest Rates The Small Business Administration publishes an interest rate called the optional ‘‘peg’’ rate (13 CFR 120.214) on a quarterly basis. This rate is a weighted average cost of money to the government for maturities similar to the average SBA direct loan. This rate may be used as a base rate for guaranteed fluctuating interest rate SBA loans. This rate will be 3.125 (31⁄8) percent for the October–December quarter of FY 2014. Pursuant to 13 CFR 120.921(b), the maximum legal interest rate for any third party lender’s commercial loan which funds any portion of the cost of a 504 project (see 13 CFR 120.801) shall be 6% over the New York Prime rate or, if that exceeds the maximum interest rate permitted by the constitution or laws of a given State, the maximum interest rate will be the rate permitted The Social Security Administration (SSA) publishes a list of information collection packages requiring clearance by the Office of Management and Budget (OMB) in compliance with Public Law 104–13, the Paperwork Reduction Act of 1995, effective October 1, 1995. This notice includes revisions and extensions of OMB-approved information collections. SSA is soliciting comments on the accuracy of the agency’s burden estimate; the need for the information; its practical utility; ways to enhance its quality, utility, and clarity; and ways to minimize burden on respondents, including the use of automated collection techniques or other forms of information technology. Mail, email, or fax your comments and recommendations on the information collection(s) to the OMB Desk Officer and SSA Reports Clearance Officer at the following addresses or fax numbers. (OMB), Office of Management and Budget, Attn: Desk Officer for SSA, Number of respondents Modality of completion Fax: 202–395–6974, Email address: OIRA_Submission@omb.eop.gov. (SSA), Social Security Administration, DCRDP, Attn: Reports Clearance Director, 107 Altmeyer Building, 6401 Security Blvd., Baltimore, MD 21235, Fax: 410–966–2830, Email address: OR.Reports.Clearance@ssa.gov. I. The information collections below are pending at SSA. SSA will submit them to OMB within 60 days from the date of this notice. To be sure we consider your comments, we must receive them no later than December 23, 2013. Individuals can obtain copies of the collection instruments by writing to the above email address. 1. Requests for Self-Employment Information, Employee Information, Employer Information—20 CFR 422.120–0960–0508. When SSA cannot identify Form W–2 wage data for an individual, we place the data in an earnings suspense file and contact the individual (and certain instances the employer) to obtain the correct information. If the respondent furnishes the name and Social Security number (SSN) information that agrees with SSA’s records, or provides information that resolves the discrepancy, SSA adds the reported earnings to the respondent’s Social Security record. We use Forms SSA–L2765, SSA–L3365, and SSA–L4002 for this purpose. The respondents are self-employed individuals and employees whose name and SSN information do not agree with their employer’s and SSA’s records. Type of Request: Revision of an OMBapproved information collection. Frequency of response Average burden per response (minutes) Estimated total annual burden (hours) 12,321 179,749 121,679 1 1 1 10 10 10 2,054 29,958 20,280 Totals ........................................................................................................ sroberts on DSK5SPTVN1PROD with FRONT MATTER SSA–L2765 ...................................................................................................... SSA–L3365 ...................................................................................................... SSA–L4002 ...................................................................................................... 313,749 ........................ ........................ 52,292 2. Employer Reports of Special Wage Payments—20 CFR 404.428–404.429 —0960–0565. SSA collects information on the SSA–131 to prevent earningsrelated overpayments and to avoid erroneous withholding of benefits. SSA VerDate Mar<15>2010 21:08 Oct 21, 2013 Jkt 232001 field offices and program service centers also use Form SSA–131 for awards and post-entitlement events requiring special wage payment verification from employers. While we need this information to ensure the correct PO 00000 Frm 00350 Fmt 4703 Sfmt 4703 payment of benefits, we do not require employers to respond. The respondents are large and small businesses that make special wage payments to retirees. Type of Request: Revision of an OMBapproved information collection. E:\FR\FM\22OCN1.SGM 22OCN1

Agencies

[Federal Register Volume 78, Number 204 (Tuesday, October 22, 2013)]
[Notices]
[Page 62932]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-24214]


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SMALL BUSINESS ADMINISTRATION


Interest Rates

    The Small Business Administration publishes an interest rate called 
the optional ``peg'' rate (13 CFR 120.214) on a quarterly basis. This 
rate is a weighted average cost of money to the government for 
maturities similar to the average SBA direct loan. This rate may be 
used as a base rate for guaranteed fluctuating interest rate SBA loans. 
This rate will be 3.125 (3\1/8\) percent for the October-December 
quarter of FY 2014.
    Pursuant to 13 CFR 120.921(b), the maximum legal interest rate for 
any third party lender's commercial loan which funds any portion of the 
cost of a 504 project (see 13 CFR 120.801) shall be 6% over the New 
York Prime rate or, if that exceeds the maximum interest rate permitted 
by the constitution or laws of a given State, the maximum interest rate 
will be the rate permitted by the constitution or laws of the given 
State.

Michael A. Simmons,
Acting Director, Office of Financial Assistance.
[FR Doc. 2013-24214 Filed 10-21-13; 8:45 am]
BILLING CODE 8025-01-P
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