Proposed Information Collection; Comment Request; Form ED-209 & Form ED-209I; Revolving Loan Fund Reporting and Compliance Requirements, 40553 [2017-18092]
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Federal Register / Vol. 82, No. 164 / Friday, August 25, 2017 / Notices
DEPARTMENT OF COMMERCE
Economic Development Administration
Proposed Information Collection;
Comment Request; Form ED–209 &
Form ED–209I; Revolving Loan Fund
Reporting and Compliance
Requirements
Economic Development
Administration, U.S. Department of
Commerce.
ACTION: Notice.
AGENCY:
The Economic Development
Administration, as part of its continuing
effort to reduce paperwork and
respondent burden, invites the general
public and other Federal agencies to
comment on a proposed extension of an
information collection request currently
approved through December 31, 2017,
as required by the Paperwork Reduction
Act of 1995.
DATES: Written comments must be
submitted on or before October 24,
2017.
ADDRESSES: Direct all written comments
to Jennifer Jessup, Departmental
Paperwork Clearance Officer,
Department of Commerce, Room 6625,
14th and Constitution Avenue NW.,
Washington, DC 20230 (or via email at
PRAcomments@doc.gov).
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the information collection
instrument and instructions should be
directed to Mitchell Harrison, Program
Analyst, Performance and National
Programs Division, Economic
Development Administration U.S.
Department of Commerce, 1401
Constitution Avenue NW., Mail Stop
71030, Washington, DC 20230,
telephone (202) 482–4696, or via email
at mharrison@eda.gov.
SUPPLEMENTARY INFORMATION:
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SUMMARY:
I. Abstract
The Economic Development
Administration (‘‘EDA’’) leads the
Federal economic development agenda
by promoting innovation and
competitiveness, preparing American
regions for growth and success in the
worldwide economy.
The EDA Revolving Loan Fund
(‘‘RLF’’) Program, authorized under
section 209 of the Public Works and
Economic Development Act of 1965, as
amended (‘‘PWEDA’’) (42 U.S.C. 3149),
has served as an important pillar of EDA
investment programs since the
establishment of the RLF Program in
1975. The purpose of the RLF Program
is to provide regions with a flexible and
continuing source of capital, to be used
VerDate Sep<11>2014
17:40 Aug 24, 2017
Jkt 241001
with other economic development tools,
for creating and retaining jobs and
inducing private investment that will
contribute to long-term economic
stability and growth. EDA provides RLF
grants to eligible recipients, which
include State and local governments,
Indian tribes, and non-profit
organizations, to operate a lending
program that offers loans with flexible
repayment terms, primarily to small
businesses in distressed communities
that are unable to obtain traditional
bank financing. These loans enable
small businesses to expand and lead to
new employment opportunities that pay
competitive wages and benefits.
A unique feature of the RLF Program
is that, by law, EDA must exercise
fiduciary responsibility over its RLF
portfolio in perpetuity. EDA RLF
regulations therefore require RLF
recipients to submit Form ED–209,
Revolving Loan Fund Financial Report,
every six months for each RLF they
operate (13 CFR 307.14(a)). In addition,
RLF recipients must submit Form ED–
209I, RLF Income and Expense
Statement, if either of the following
conditions applies to their RLF:
Administrative expenses for the
reporting period exceeded $100,000, or
RLF administrative expenses for the
reporting period exceeded 50 percent of
RLF income earned during the reporting
period (13 CFR 307.14(c)). EDA requires
that both of these reports be completed
using an authorized and EDA-provided
fillable PDF (Portable Document
Format) Form.
II. Method of Collection
Currently, Form ED–209 and Form
ED–209I may be obtained by RLF
recipients from EDA’s Web site,
www.eda.gov, or upon request from EDA
RLF Administrators at each of the EDA
regional offices. RLF recipients are
responsible for completing the Forms
and submitting them to their assigned
EDA RLF Administrators in compliance
with EDA regulations.
III. Data
Office of Management and Budget
(OMB) Control Number: 0610–0095.
Form Number(s): ED–209 and ED–
209I.
Type of Review: Extension of a
currently approved information
collection.
Affected Public: EDA RLF recipients:
State, local and tribal governments;
community organizations; not-for-profit
organizations.
Estimated Number of Respondents:
1,328.
Estimated Time per Response: ED–
209, 3 hours; and ED–209I, 1 hour.
PO 00000
Frm 00016
Fmt 4703
Sfmt 4703
40553
Estimated Total Annual Burden
Hours: 3,796 Hours.
Estimated Total Annual Cost to
Public: $266,973 (cost assumes
application of U.S. Bureau of Labor
Statistics first quarter 2017 mean hourly
wage for management, business, and
financial occupations of $70.33).
IV. Request for Comments
Comments are invited on: (1) Whether
the proposed collection of information
is necessary for the proper performance
of the agency’s functions, including
whether the information will have
practical utility; (2) the accuracy of the
agency’s estimate of the burden
(including hours and cost) of the
proposed collection of information; (3)
ways to enhance the quality, utility, and
clarity of the information to be
collected; and (4) ways to minimize the
burden of the collection of information
on respondents, including through the
use of automated collection techniques
or other forms of information
technology.
Comments submitted in response to
this notice will be summarized and/or
included in the request for Office of
Management and Budget approval of
this information collection; they also
will become a matter of public record.
Sheleen Dumas,
Departmental PRA Lead, Office of the Chief
Information Officer.
[FR Doc. 2017–18092 Filed 8–24–17; 8:45 a.m.]
BILLING CODE 3510–24–P
DEPARTMENT OF COMMERCE
National Telecommunications and
Information Administration
First Responder Network Authority
First Responder Network Authority
Combined Committee and Board
Meeting
First Responder Network
Authority (‘‘FirstNet’’), U.S. Department
of Commerce.
ACTION: Notice of open public meetings.
AGENCY:
The Board of the First
Responder Network Authority (‘‘Board’’)
will convene an open public meeting on
September 14, 2017, preceded by a
combined meeting of the Committees of
the First Responder Network Authority
(‘‘Board Committees’’) that will be open
to the public via teleconference and
WebEx on September 13, 2017.
DATES: A combined meeting of the
Board Committees will be held on
September 13, 2017, between 9:00 a.m.
and 12:00 p.m., Mountain Daylight
SUMMARY:
E:\FR\FM\25AUN1.SGM
25AUN1
Agencies
[Federal Register Volume 82, Number 164 (Friday, August 25, 2017)]
[Notices]
[Page 40553]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-18092]
[[Page 40553]]
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DEPARTMENT OF COMMERCE
Economic Development Administration
Proposed Information Collection; Comment Request; Form ED-209 &
Form ED-209I; Revolving Loan Fund Reporting and Compliance Requirements
AGENCY: Economic Development Administration, U.S. Department of
Commerce.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Economic Development Administration, as part of its
continuing effort to reduce paperwork and respondent burden, invites
the general public and other Federal agencies to comment on a proposed
extension of an information collection request currently approved
through December 31, 2017, as required by the Paperwork Reduction Act
of 1995.
DATES: Written comments must be submitted on or before October 24,
2017.
ADDRESSES: Direct all written comments to Jennifer Jessup, Departmental
Paperwork Clearance Officer, Department of Commerce, Room 6625, 14th
and Constitution Avenue NW., Washington, DC 20230 (or via email at
PRAcomments@doc.gov).
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the information collection instrument and instructions should
be directed to Mitchell Harrison, Program Analyst, Performance and
National Programs Division, Economic Development Administration U.S.
Department of Commerce, 1401 Constitution Avenue NW., Mail Stop 71030,
Washington, DC 20230, telephone (202) 482-4696, or via email at
mharrison@eda.gov.
SUPPLEMENTARY INFORMATION:
I. Abstract
The Economic Development Administration (``EDA'') leads the Federal
economic development agenda by promoting innovation and
competitiveness, preparing American regions for growth and success in
the worldwide economy.
The EDA Revolving Loan Fund (``RLF'') Program, authorized under
section 209 of the Public Works and Economic Development Act of 1965,
as amended (``PWEDA'') (42 U.S.C. 3149), has served as an important
pillar of EDA investment programs since the establishment of the RLF
Program in 1975. The purpose of the RLF Program is to provide regions
with a flexible and continuing source of capital, to be used with other
economic development tools, for creating and retaining jobs and
inducing private investment that will contribute to long-term economic
stability and growth. EDA provides RLF grants to eligible recipients,
which include State and local governments, Indian tribes, and non-
profit organizations, to operate a lending program that offers loans
with flexible repayment terms, primarily to small businesses in
distressed communities that are unable to obtain traditional bank
financing. These loans enable small businesses to expand and lead to
new employment opportunities that pay competitive wages and benefits.
A unique feature of the RLF Program is that, by law, EDA must
exercise fiduciary responsibility over its RLF portfolio in perpetuity.
EDA RLF regulations therefore require RLF recipients to submit Form ED-
209, Revolving Loan Fund Financial Report, every six months for each
RLF they operate (13 CFR 307.14(a)). In addition, RLF recipients must
submit Form ED-209I, RLF Income and Expense Statement, if either of the
following conditions applies to their RLF: Administrative expenses for
the reporting period exceeded $100,000, or RLF administrative expenses
for the reporting period exceeded 50 percent of RLF income earned
during the reporting period (13 CFR 307.14(c)). EDA requires that both
of these reports be completed using an authorized and EDA-provided
fillable PDF (Portable Document Format) Form.
II. Method of Collection
Currently, Form ED-209 and Form ED-209I may be obtained by RLF
recipients from EDA's Web site, www.eda.gov, or upon request from EDA
RLF Administrators at each of the EDA regional offices. RLF recipients
are responsible for completing the Forms and submitting them to their
assigned EDA RLF Administrators in compliance with EDA regulations.
III. Data
Office of Management and Budget (OMB) Control Number: 0610-0095.
Form Number(s): ED-209 and ED-209I.
Type of Review: Extension of a currently approved information
collection.
Affected Public: EDA RLF recipients: State, local and tribal
governments; community organizations; not-for-profit organizations.
Estimated Number of Respondents: 1,328.
Estimated Time per Response: ED-209, 3 hours; and ED-209I, 1 hour.
Estimated Total Annual Burden Hours: 3,796 Hours.
Estimated Total Annual Cost to Public: $266,973 (cost assumes
application of U.S. Bureau of Labor Statistics first quarter 2017 mean
hourly wage for management, business, and financial occupations of
$70.33).
IV. Request for Comments
Comments are invited on: (1) Whether the proposed collection of
information is necessary for the proper performance of the agency's
functions, including whether the information will have practical
utility; (2) the accuracy of the agency's estimate of the burden
(including hours and cost) of the proposed collection of information;
(3) ways to enhance the quality, utility, and clarity of the
information to be collected; and (4) ways to minimize the burden of the
collection of information on respondents, including through the use of
automated collection techniques or other forms of information
technology.
Comments submitted in response to this notice will be summarized
and/or included in the request for Office of Management and Budget
approval of this information collection; they also will become a matter
of public record.
Sheleen Dumas,
Departmental PRA Lead, Office of the Chief Information Officer.
[FR Doc. 2017-18092 Filed 8-24-17; 8:45 a.m.]
BILLING CODE 3510-24-P