Submission for OMB Review; Comment Request, 48274 [2018-20686]

Agencies

• DEPARTMENT OF AGRICULTURE

[Federal Register Volume 83, Number 185 (Monday, September 24, 2018)]
[Notices]
[Page 48274]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-20686]


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Notices
                                                Federal Register
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This section of the FEDERAL REGISTER contains documents other than rules 
or proposed rules that are applicable to the public. Notices of hearings 
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Federal Register / Vol. 83, No. 185 / Monday, September 24, 2018 / 
Notices

[[Page 48274]]



DEPARTMENT OF AGRICULTURE


Submission for OMB Review; Comment Request

September 19, 2018.
    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 
are requested regarding (1) 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; (2) the 
accuracy of the agency's estimate of burden including the validity of 
the methodology and assumptions used; (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 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.
    Comments regarding this information collection received by October 
24, 2018 will be considered. Written comments should be addressed to: 
Desk Officer for Agriculture, Office of Information and Regulatory 
Affairs, Office of Management and Budget (OMB), New Executive Office 
Building, 725 17th Street NW, Washington, DC 20502. Commenters are 
encouraged to submit their comments to OMB via email to: 
[email protected] or fax (202) 395-5806 and to Departmental 
Clearance Office, USDA, OCIO, Mail Stop 7602, Washington, DC 20250-
7602. 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.

Rural Business Cooperative Service

    Title: 7 CFR part 1980-E, Business and Industry Loan Program.
    OMB Control Number: 0570-0014.
    Summary of Collection: The Business and Industry (B&I) program was 
legislated in 1972, under Section 310B of the Consolidated Farm and 
Rural Development Act (Con Act), as amended. The purpose of the program 
is to improve, develop, or finance businesses, industries, and 
employment and improve the economic and environmental climate in rural 
communities, including pollution abatement and control. This purpose is 
achieved through bolstering the existing private credit structure by 
making direct loans, thereby providing lasting community benefits. The 
B&I program is administered by the Agency through Rural Development 
State and sub-State Offices serving the State.
    7 CFR 1980-E, in conjunction with 7 CFR 1942-A, and other 
regulations, is currently used only for making B&I Direct Loans. 7 CFR 
1951-E is used for servicing B&I Direct and Community Facility loans. 
All reporting and recordkeeping burden estimates for making and 
servicing B&I Guaranteed Loans have been moved to the B&I Guaranteed 
Loan Program regulations, 7 CFR 4279-A and B and 4287-B. Consequently, 
only a fraction of the total reporting and recordkeeping burden for 
making and servicing B&I Direct Loans is reflected in this document.
    Need and Use of the Information: RD will collect the minimum 
information needed from loan applicants and commercial lenders to make 
determinations regarding program eligibility, the current financial 
condition of a business and loan security as required by the Con Act. 
Most of the information is collected only once, and the agency monitors 
the progress of the business through the analysis of annual borrower 
financial statements and visits to the borrower.
    Description of Respondents: Individuals or Households; Business or 
Other for Profit.
    Number of Respondents: 16.
    Frequency of Responses: Reporting: On occasion.
    Total Burden Hours: 228.

Rural Business Service

    Title: 7 CFR 1951-R, Rural Development Loan Servicing.
    OMB Control Number: 0570-0015.
    Summary of Collection: The Rural Development (RD) Loan Servicing 
was legislated in 1985 under Section 1323 of the Food and Security Act 
of 1985. This action is needed to implement the provision of Section 
407 of the Health and Human Services Act of 1986, which amended Section 
1323 of the Food and Security Act of 1985. 7 CFR part 1951, subpart R 
contains regulations for servicing and liquidating existing loans 
previously approved and administered by the U.S. Department of Health 
and Human Services (HHS) under 45 CFR part 1076 and transferred from 
HHS to the Department of Agriculture. This subpart contains regulations 
for servicing and liquidating loans made by RD under the Intermediary 
Relending Program to eligible intermediaries and applies to ultimate 
recipients and other involved parties.
    Need and Use of the Information: The information requested is a 
statement of financial condition from the intermediary, i.e. assets and 
liabilities, income statement and a summary of the intermediary's total 
lending program. The required financial information provided by the 
Intermediary is vital to RD for the Agency to make sound credit and 
financial analysis decisions and monitor the program.
    Description of Respondents: Not-for-profit institutions; Business 
or other for-profit.
    Number of Respondents: 450.
    Frequency of Responses: Reporting: On occasion; Quarterly; Semi-
annually; Annually.
    Total Burden Hours: 11,253.

Ruth Brown,
Departmental Information Collection Clearance Officer.
[FR Doc. 2018-20686 Filed 9-21-18; 8:45 am]
 BILLING CODE 3410-XY-P