Information Collection Requests; Farm Loan Programs: Inventory Property Management (OMB Control Number 0560-0234), Direct Loan Servicing-Regular (OMB Control Number 0560-0234), General Program Administration (OMB Control Number 0560-0238) and Guaranteed Farm Loan Program (OMB Control Number 0560-0155), 9722-9724 [2020-03303]
Download as PDF
<![CDATA[
9722
Federal Register / Vol. 85, No. 34 / Thursday, February 20, 2020 / Notices
Estimated Number of Respondents
per account type:
• eAuthentication account, without
identity proofing: 103,704
• eAuthentication account, with
identity proofing: 34,692
Æ In Person ID Proofing (15%): 5,204
Æ Online/Remote ID Proofing (85%):
29,488
Estimated Total Number of
Respondents: 138,396.
Estimated Number of Responses per
Respondent: 1.
Estimated Total Annual Burden on
Respondents: 17,038.3 hours.
Comments are invited on (1) Whether
the proposed 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 of the
proposed collection of information,
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 the
information on those who respond,
through the use of appropriate
automated, electronic, mechanical,
technological or other forms of
information technology collection
methods. Copies of the information
collection may be obtained from Mr.
Zeimet by calling or emailing your
request to the contact information above
in the FOR FURTHER INFORMATION section.
All responses to this notice will be
summarized and included in the request
for OMB approval. All comments will
become a matter of public record.
Dated: February 10, 2020.
Gary Washington,
Chief Information Officer, Office of the Chief
Information Officer.
[FR Doc. 2020–03119 Filed 2–19–20; 8:45 am]
BILLING CODE 3410–KR–M
DEPARTMENT OF AGRICULTURE
Farm Service Agency
lotter on DSKBCFDHB2PROD with NOTICES
[Docket ID FSA–2020–0002]
Information Collection Requests; Farm
Loan Programs: Inventory Property
Management (OMB Control Number
0560–0234), Direct Loan ServicingRegular (OMB Control Number 0560–
0234), General Program Administration
(OMB Control Number 0560–0238) and
Guaranteed Farm Loan Program (OMB
Control Number 0560–0155)
Farm Service Agency, USDA.
Notice; request for comments.
AGENCY:
ACTION:
VerDate Sep<11>2014
19:48 Feb 19, 2020
Jkt 250001
In accordance with the
Paperwork Reduction Act (PRA) of
1995, the Farm Service Agency (FSA) is
requesting comments from all interested
individuals and organizations on the
four Farm Loan Programs’ information
collection requests. The four collection
requests in the Farm Loan Programs are:
Inventory Property Management, Direct
Loan Servicing—Regular, Guaranteed
Farm Loan Program and General
Program Administration. In the
Inventory Property Management, the
collected information is used to evaluate
applicant requests to purchase
inventory property, determine eligibility
to lease or purchase inventory property,
and ensure the payment of the lease
amount or purchase amount associated
with the acquisition of inventory
property. In the Direct Loan Servicing—
Regular, the information is used to
determine borrower compliance with
loan agreements, assist the borrower in
achieving business goals, and regular
servicing of the loan account such as
graduation, subordination, partial
release, and use of proceeds. In the
General Program Administration, the
information collected is used to ensure
that applicants meet statutory eligibility
requirements, loan funds are used for
authorized purposes, and the
Government’s interest in security is
adequately protected. In the Guaranteed
Farm Loan Program, the collected
information is needed to make and
service loans guaranteed by FSA to
eligible farmers and ranchers by
commercial lenders and nontraditional
lenders.
DATES: We will consider comments that
we receive by April 20, 2020.
ADDRESSES: We invite you to submit
comments on this notice. In your
comments, please include date, volume,
and page number of this issue of the
Federal Register. You may submit
comments by the following method:
Federal eRulemaking Portal; Go to
https://www.regulations.gov and search
for Docket ID FSA–2020–0001.
You may also send comments to the
Desk Officer for Agricultures, Office of
the Information and Regulatory Affairs,
Office of Management and Budget,
Washington, DC, 20503. Comments will
be available for public inspection online
at https://www.regulations.gov.
FOR FURTHER INFORMATION CONTACT: For
specific questions related to the
collection activities or to obtain a copy
of the information collection request:
For the Inventory Property Management
and Direct Loan Servicing-Regular,
please contact Lee Nault, (202) 720–
6834; lee.nault@usda.gov; for the
Guaranteed Farm Loan Program, please
SUMMARY:
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Fmt 4703
Sfmt 4703
contact Steve Ford, 202–304–7932;
stevefords2@usda.gov and for the
General Program Administration, please
contact Niki Chavez, 202–690–61,
niki.chavez@usda.gov.
SUPPLEMENTARY INFORMATION:
Title: Farm Loan Programs; Inventory
Management Program.
OMB Control Number: 0560–0234.
Expiration Date: April 30, 2020.
Type of Request: Extension with a
revision.
Abstract: FSA’s Farm Loan Programs
provide supervised credit in the form of
loans to family farmers to purchase real
estate and equipment and finance
agricultural production. Inventory
Property Management, as specified in 7
CFR part 767, provides the requirements
for the management, lease, and sale of
security property acquired by FSA. FSA
may take title to real estate as part of
dealing with a problem loan either by
entering a winning bid in an attempt to
protect its interest at a foreclosure sale,
or by accepting a deed of conveyance in
lieu of foreclosure. Information
collections established in the regulation
are necessary for FSA to determine an
applicant’s eligibility to lease or
purchase inventory property and to
ensure the applicant’s ability to make
payment on the lease or purchase
amount.
The number of response and burden
hours decrease in this request. While
the overall number of inventory
properties on hand increased 13.5
percent from the last collection, the
decrease in responses and burden hours
is due to reduction int eh estimated
number of inventory properties sold.
The number projected to be sold has
been revised downward to match
reported sales percentages over the last
several years.
For the following estimated total
annual burden on respondents, the
formula used to calculate the total
burden hour is the estimated average
time per responses hours multiplied by
the estimated total annual responses.
Estimate of Average Time to Respond:
Public reporting burden for the
information collection is estimated to
average 0.57 hours per response.
Type of Respondents: Individuals or
households, businesses or other forprofit farms.
Estimated Annual Number of
Respondents: 239.
Estimated Number of Reponses per
Respondent: 1.
Estimated Total Annual Responses:
239.
Estimated Average Time per
Response: 0.57 hours.
Estimated Total Annual Burden on
Respondents: 136 hours.
E:\FR\FM\20FEN1.SGM
20FEN1
lotter on DSKBCFDHB2PROD with NOTICES
Federal Register / Vol. 85, No. 34 / Thursday, February 20, 2020 / Notices
Title: Farm Loan Programs—Direct
Loan Servicing—Regular.
OMB Control Number: 0560–0236.
Expiration Date: July 31, 2020.
Type of Request: Extension with a
revision.
Abstract: FSA’s Farm Loan Programs
provide loans to family farmers to
purchase real estate and equipment, and
finance agricultural production. Direct
Loan Servicing—Regular, as specified in
7 CFR part 765, provides the
requirements related to routine
servicing actions associated with direct
loans. FSA is required to actively
supervise its borrowers and provide
credit counseling, management advice
and financial guidance. Additionally,
FSA must document that credit is not
available to the borrower from
commercial credit sources in order to
maintain eligibility for assistance.
Information collections established in
the regulation are necessary for FSA to
monitor and account for loan security,
including proceeds derived from the
sale of security, and to process a
borrower’s request for subordination or
partial release of security. Borrowers are
required to provide financial
information to determine graduation
eligibility based on commercial lender
standards provided to FSA.
FSA is requesting OMB approval on
the estimated numbers, which are being
provided currently in this request. The
burden hours have been increased by
2,114 hours while the annual response
have increased by 65. The reason for the
increase is due to an overall 10%
increase in the number of the borrowers
and the use of updated reporting tools
to reevaluate previous burden estimates
even though the travel times removed
from the request.
For the following estimated total
annual burden on respondents, the
formula used to calculate the total
burden hours is the estimated average
time per responses multiplied by the
estimated total annual of responses.
Estimate of Average Time to Respond:
Public reporting burden for collecting
information under this notice is
estimated to average 0.31 hours per
response, including the time for
reviewing instructions, searching
existing data sources, gathering and
maintaining the data needed, and
completing and reviewing the collection
of information.
Type of Respondents: Business or
other for profits and farms.
Estimated Number of Respondents:
94,603.
Estimated Average Number of
Responses per Respondent: 1,031.
Estimated Total Annual Responses:
97,536.
VerDate Sep<11>2014
19:48 Feb 19, 2020
Jkt 250001
Estimated Average Time per
Response: 0.31.
Estimated Total Annual Burden on
Respondents: 30,155 hours.
Title: Farm Loan Programs—General
Program Administration.
OMB Control Number: 0560–0238.
Expiration Date: July 31, 2020.
Type of Request: Extension with a
revision.
Abstract: General Program
Administration, as specified in the 7
CFR 761, contains requirements that are
applicable to making and servicing
direct loans. The information
collections are necessary to ensure that
applicants meet statutory eligibility
requirements, loan funds are used for
authorized purposes, and the Federal
Government’s interest in security is
adequately protected. Specific
information collection requirements
include financial information in the
form of a balance sheet and cash flow
projection used in loan making and
servicing decisions; information needed
to establish joint bank accounts in
which loan funds, proceeds derived
from the sale of loan security and
insurance proceeds, may be deposited;
collateral pledges from financial
institutions when the balance of a
supervised bank account will exceed the
maximum amount insurable by the
Federal Government; and documents
that construction plans and
specifications to comply with state and
local building standards. Since the
introduction of Microloan Loan (ML)
Program certain forms included in this
information collection are no longer
being used and others are being used
less. In addition, as interest rates have
remained well below the limited
resource rate, the agency has not
conducted limited resource reviews to
over 20,400 respondents resulting in a
total program changes decrease of
20,181 respondents; 40,105 responses;
and 23,943 burden hours. Further, the
agency no longer counts respondents’
hours of travel time. Respondents may
submit applications by mail and many
respondents go to the county offices to
do regular and customary business with
FSA for other FSA programs and can
complete and submit the farm loan
programs forms during this time; this
means no travel time is required
specifically for the information
collection and therefore, it is no longer
included in the burden hour reporting.
For the following estimated total
annual burden on respondents, the
formula used to calculate the total
burden hours is the estimated average
time per response multiplied by the
estimated total annual responses.
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Fmt 4703
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9723
Estimated Respondent Burden: Public
reporting burden for this collection of
information is estimated to average 1.02
hours per response.
Type of Respondents: Individuals or
households, businesses or other for
profit and farms.
Estimated Number of Respondents:
64,802.
Estimated Number of Responses per
Respondent: 2.5.
Estimated Total Annual Number of
Responses: 164,483.
Estimated Average Time per
Response: 1.02 hours.
Estimated Total Annual Burden on
Respondents: 168,029 hours.
Title: Farm Loan Programs—
Guaranteed Farm Loan.
OMB Control Number: 0560–0155.
Expiration Date: July 31, 2020.
Type of Request: Extension with a
revision.
Abstract: This information collection
is needed to effectively administer the
FSA guaranteed farm loan programs.
The information is collected by the FSA
loan official in consultation with
participating 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 and 763
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
annual responses have been reduced by
17,315 while the burden hours reduced
by 48,997 hours in the request. The
reason for the decrease is due to a drop
in Guaranteed loans originated between
the yeas preceding FY 2017 and FY
2020. Between FY 2016 and FY 2919,
the number of Guaranteed loans fell by
24 percent from 10,047 to 7611. In
addition, the number of loss claims and
status reports received is much lower
than FY 2017. The travel times was also
removed from this request.
For the following estimated total
annual burden on respondents, the
formula used to calculate the total
burden hours is the estimated average
time per response multiplied by the
estimated total annual responses.
Estimate of Average Time to Respond:
Public reporting burden for collecting
information under this notice is
estimated to average 0.84434 minutes
E:\FR\FM\20FEN1.SGM
20FEN1
9724
Federal Register / Vol. 85, No. 34 / Thursday, February 20, 2020 / Notices
per response, including the time for
reviewing instructions, searching
existing data sources, gathering and
maintaining the data needed, and
completing and reviewing the collection
of information.
Type of Respondents: Businesses or
other for-profits and Farms.
Estimated Number of Respondents:
12.8.
Estimated Average Number of
Responses per Respondent: 9,700.
Estimated Total Annual Responses:
202,898.
Estimated Average Time per
Response: 0.8434.
Estimated Total Annual Burden on
Respondents: 171,126 hours.
Requesting Comments
FSA is 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;
(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 comments received in response to
this notice, including names and
addresses when provided, will be a
matter of public record. Comments will
be summarized and included in the
submission for Office of Management
and Budget approval.
Steve Peterson,
Acting Administrator, Farm Service Agency.
[FR Doc. 2020–03303 Filed 2–19–20; 8:45 am]
BILLING CODE 3410–05–P
DEPARTMENT OF AGRICULTURE
lotter on DSKBCFDHB2PROD with NOTICES
Food and Nutrition Service
Agency Information Collection
Activities: Professional Standards
Training Tracker Tool
Food and Nutrition Service
(FNS), USDA.
ACTION: Notice.
AGENCY:
In accordance with the
Paperwork Reduction Act of 1995, this
SUMMARY:
VerDate Sep<11>2014
19:48 Feb 19, 2020
Jkt 250001
notice invites the general public and
other public agencies to comment on
this proposed information collection.
This collection is an extension, without
change, of a currently approved
collection for assisting state agencies to
record, track and manage the required
training hours in four major areas
(Nutrition, Operations, Administration,
Communications and Marketing) to
meet the requirements of the Healthy
Hunger Free Kids Act (HHFKA) of 2010
Professional Standards Rule. The
HHFKA (Section 306) requires
Professional Standards for state and
local school district nutrition
professionals. In addition to hiring
standards, mandatory annual training
will be required for all individuals
involved in preparing school meals. To
meet the training requirements and
assist in keeping track of training
courses, FNS developed a web-based
application tool with a SQL-server
database, which is available to local
educational agencies and school food
authorities through the FNS public
website. While training requirements
are mandatory, using the USDA
Tracking Tool is voluntary. School
nutrition professionals can use any
method to track and manage their
trainings. These resources facilitate
compliance with HHFKA requirements
and are provided at no cost to the state,
district, or individuals.
DATES: Written comments must be
received on or before April 20, 2020.
ADDRESSES: Comments may be sent to:
Kaushalya Heendeniya, Food and
Nutrition Service, U.S. Department of
Agriculture, Braddock Metro Center II,
1320 Braddock Place, Room 415,
Alexandria, VA 22314. Comments may
also be submitted via email to
kaushalya.heendeniya1@usda.gov.
Comments will also be accepted through
the Federal eRulemaking Portal. Go to
https://www.regulations.gov, and follow
the online instructions for submitting
comments electronically.
All responses to this notice will be
summarized and included in the request
for Office of Management and Budget
approval. All comments will be a matter
of public record.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of this information collection
should be directed to Kaushalya
Heendeniya at 703–305–0037.
SUPPLEMENTARY INFORMATION: Comments
are invited on: (a) Whether the proposed
collection of information is necessary
for the proper performance of the
functions of the agency, including
whether the information shall have
practical utility; (b) the accuracy of the
PO 00000
Frm 00004
Fmt 4703
Sfmt 4703
agency’s estimate of the burden of the
proposed collection of information,
including the validity of the
methodology and assumptions that were
used; (c) ways to enhance the quality,
utility, and clarity of the information to
be collected; and (d) ways to minimize
the burden of the collection of
information on those who are to
respond, including use of appropriate
automated, electronic, mechanical, or
other technological collection
techniques or other forms of information
technology.
Title: Professional Standards Training
Tracker Tool.
Form Number: None.
OMB Number: 0584–0626.
Expiration Date: 06/30/2020.
Type of Request: Extension, without
change, of a currently approved
collection.
Abstract: The Healthy Hunger Free
Kids Act of 2010 (Section 306) requires
Professional Standards for state and
local school district nutrition
professionals. In addition to hiring
standards, mandatory annual training
will be required for all individuals
involved in preparing school meals. To
meet the training requirements and
assist in keeping track of training and
training courses, FNS developed a webbased application tool with a SQLserver database, which is available to
local educational agencies and school
food authorities through the FNS public
website, with a login authentication.
These resources facilitate compliance
with HHFKA requirements and are
provided at no cost to the state, district,
or individuals. In addition, this
Professional Standards Training
Tracking Tool application is mobile
friendly to ensure easy usage and
accessibility across mobile devices. The
application is compatible with all
mobile operating systems (iOS,
Android, and Windows).
The user is able to create a user
profile with the following information:
• School District/Address
• School Name/Address
• Individual Name—Contact
Information/Email address
• Title of Individual or Role in school
nutrition program
• Hiring Date
The user can record the following
information for a completed training:
• Key Area
• Training Topic
• Learning Objective
• Training Title
• Training Hours/Minutes
• Date of Training
• Provider or Organization offering
training, including state, local or
national
E:\FR\FM\20FEN1.SGM
20FEN1
]]>Agencies
[Federal Register Volume 85, Number 34 (Thursday, February 20, 2020)]
[Notices]
[Pages 9722-9724]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-03303]
-----------------------------------------------------------------------
DEPARTMENT OF AGRICULTURE
Farm Service Agency
[Docket ID FSA-2020-0002]
Information Collection Requests; Farm Loan Programs: Inventory
Property Management (OMB Control Number 0560-0234), Direct Loan
Servicing-Regular (OMB Control Number 0560-0234), General Program
Administration (OMB Control Number 0560-0238) and Guaranteed Farm Loan
Program (OMB Control Number 0560-0155)
AGENCY: Farm Service Agency, USDA.
ACTION: Notice; request for comments.
-----------------------------------------------------------------------
SUMMARY: In accordance with the Paperwork Reduction Act (PRA) of 1995,
the Farm Service Agency (FSA) is requesting comments from all
interested individuals and organizations on the four Farm Loan
Programs' information collection requests. The four collection requests
in the Farm Loan Programs are: Inventory Property Management, Direct
Loan Servicing--Regular, Guaranteed Farm Loan Program and General
Program Administration. In the Inventory Property Management, the
collected information is used to evaluate applicant requests to
purchase inventory property, determine eligibility to lease or purchase
inventory property, and ensure the payment of the lease amount or
purchase amount associated with the acquisition of inventory property.
In the Direct Loan Servicing--Regular, the information is used to
determine borrower compliance with loan agreements, assist the borrower
in achieving business goals, and regular servicing of the loan account
such as graduation, subordination, partial release, and use of
proceeds. In the General Program Administration, the information
collected is used to ensure that applicants meet statutory eligibility
requirements, loan funds are used for authorized purposes, and the
Government's interest in security is adequately protected. In the
Guaranteed Farm Loan Program, the collected information is needed to
make and service loans guaranteed by FSA to eligible farmers and
ranchers by commercial lenders and nontraditional lenders.
DATES: We will consider comments that we receive by April 20, 2020.
ADDRESSES: We invite you to submit comments on this notice. In your
comments, please include date, volume, and page number of this issue of
the Federal Register. You may submit comments by the following method:
Federal eRulemaking Portal; Go to https://www.regulations.gov and search
for Docket ID FSA-2020-0001.
You may also send comments to the Desk Officer for Agricultures,
Office of the Information and Regulatory Affairs, Office of Management
and Budget, Washington, DC, 20503. Comments will be available for
public inspection online at https://www.regulations.gov.
FOR FURTHER INFORMATION CONTACT: For specific questions related to the
collection activities or to obtain a copy of the information collection
request: For the Inventory Property Management and Direct Loan
Servicing-Regular, please contact Lee Nault, (202) 720-6834;
[email protected]; for the Guaranteed Farm Loan Program, please
contact Steve Ford, 202-304-7932; [email protected] and for the
General Program Administration, please contact Niki Chavez, 202-690-61,
[email protected].
SUPPLEMENTARY INFORMATION:
Title: Farm Loan Programs; Inventory Management Program.
OMB Control Number: 0560-0234.
Expiration Date: April 30, 2020.
Type of Request: Extension with a revision.
Abstract: FSA's Farm Loan Programs provide supervised credit in the
form of loans to family farmers to purchase real estate and equipment
and finance agricultural production. Inventory Property Management, as
specified in 7 CFR part 767, provides the requirements for the
management, lease, and sale of security property acquired by FSA. FSA
may take title to real estate as part of dealing with a problem loan
either by entering a winning bid in an attempt to protect its interest
at a foreclosure sale, or by accepting a deed of conveyance in lieu of
foreclosure. Information collections established in the regulation are
necessary for FSA to determine an applicant's eligibility to lease or
purchase inventory property and to ensure the applicant's ability to
make payment on the lease or purchase amount.
The number of response and burden hours decrease in this request.
While the overall number of inventory properties on hand increased 13.5
percent from the last collection, the decrease in responses and burden
hours is due to reduction int eh estimated number of inventory
properties sold. The number projected to be sold has been revised
downward to match reported sales percentages over the last several
years.
For the following estimated total annual burden on respondents, the
formula used to calculate the total burden hour is the estimated
average time per responses hours multiplied by the estimated total
annual responses.
Estimate of Average Time to Respond: Public reporting burden for
the information collection is estimated to average 0.57 hours per
response.
Type of Respondents: Individuals or households, businesses or other
for-profit farms.
Estimated Annual Number of Respondents: 239.
Estimated Number of Reponses per Respondent: 1.
Estimated Total Annual Responses: 239.
Estimated Average Time per Response: 0.57 hours.
Estimated Total Annual Burden on Respondents: 136 hours.
[[Page 9723]]
Title: Farm Loan Programs--Direct Loan Servicing--Regular.
OMB Control Number: 0560-0236.
Expiration Date: July 31, 2020.
Type of Request: Extension with a revision.
Abstract: FSA's Farm Loan Programs provide loans to family farmers
to purchase real estate and equipment, and finance agricultural
production. Direct Loan Servicing--Regular, as specified in 7 CFR part
765, provides the requirements related to routine servicing actions
associated with direct loans. FSA is required to actively supervise its
borrowers and provide credit counseling, management advice and
financial guidance. Additionally, FSA must document that credit is not
available to the borrower from commercial credit sources in order to
maintain eligibility for assistance. Information collections
established in the regulation are necessary for FSA to monitor and
account for loan security, including proceeds derived from the sale of
security, and to process a borrower's request for subordination or
partial release of security. Borrowers are required to provide
financial information to determine graduation eligibility based on
commercial lender standards provided to FSA.
FSA is requesting OMB approval on the estimated numbers, which are
being provided currently in this request. The burden hours have been
increased by 2,114 hours while the annual response have increased by
65. The reason for the increase is due to an overall 10% increase in
the number of the borrowers and the use of updated reporting tools to
reevaluate previous burden estimates even though the travel times
removed from the request.
For the following estimated total annual burden on respondents, the
formula used to calculate the total burden hours is the estimated
average time per responses multiplied by the estimated total annual of
responses.
Estimate of Average Time to Respond: Public reporting burden for
collecting information under this notice is estimated to average 0.31
hours per response, including the time for reviewing instructions,
searching existing data sources, gathering and maintaining the data
needed, and completing and reviewing the collection of information.
Type of Respondents: Business or other for profits and farms.
Estimated Number of Respondents: 94,603.
Estimated Average Number of Responses per Respondent: 1,031.
Estimated Total Annual Responses: 97,536.
Estimated Average Time per Response: 0.31.
Estimated Total Annual Burden on Respondents: 30,155 hours.
Title: Farm Loan Programs--General Program Administration.
OMB Control Number: 0560-0238.
Expiration Date: July 31, 2020.
Type of Request: Extension with a revision.
Abstract: General Program Administration, as specified in the 7 CFR
761, contains requirements that are applicable to making and servicing
direct loans. The information collections are necessary to ensure that
applicants meet statutory eligibility requirements, loan funds are used
for authorized purposes, and the Federal Government's interest in
security is adequately protected. Specific information collection
requirements include financial information in the form of a balance
sheet and cash flow projection used in loan making and servicing
decisions; information needed to establish joint bank accounts in which
loan funds, proceeds derived from the sale of loan security and
insurance proceeds, may be deposited; collateral pledges from financial
institutions when the balance of a supervised bank account will exceed
the maximum amount insurable by the Federal Government; and documents
that construction plans and specifications to comply with state and
local building standards. Since the introduction of Microloan Loan (ML)
Program certain forms included in this information collection are no
longer being used and others are being used less. In addition, as
interest rates have remained well below the limited resource rate, the
agency has not conducted limited resource reviews to over 20,400
respondents resulting in a total program changes decrease of 20,181
respondents; 40,105 responses; and 23,943 burden hours. Further, the
agency no longer counts respondents' hours of travel time. Respondents
may submit applications by mail and many respondents go to the county
offices to do regular and customary business with FSA for other FSA
programs and can complete and submit the farm loan programs forms
during this time; this means no travel time is required specifically
for the information collection and therefore, it is no longer included
in the burden hour reporting.
For the following estimated total annual burden on respondents, the
formula used to calculate the total burden hours is the estimated
average time per response multiplied by the estimated total annual
responses.
Estimated Respondent Burden: Public reporting burden for this
collection of information is estimated to average 1.02 hours per
response.
Type of Respondents: Individuals or households, businesses or other
for profit and farms.
Estimated Number of Respondents: 64,802.
Estimated Number of Responses per Respondent: 2.5.
Estimated Total Annual Number of Responses: 164,483.
Estimated Average Time per Response: 1.02 hours.
Estimated Total Annual Burden on Respondents: 168,029 hours.
Title: Farm Loan Programs--Guaranteed Farm Loan.
OMB Control Number: 0560-0155.
Expiration Date: July 31, 2020.
Type of Request: Extension with a revision.
Abstract: This information collection is needed to effectively
administer the FSA guaranteed farm loan programs. The information is
collected by the FSA loan official in consultation with participating
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 and 763 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 annual responses have been
reduced by 17,315 while the burden hours reduced by 48,997 hours in the
request. The reason for the decrease is due to a drop in Guaranteed
loans originated between the yeas preceding FY 2017 and FY 2020.
Between FY 2016 and FY 2919, the number of Guaranteed loans fell by 24
percent from 10,047 to 7611. In addition, the number of loss claims and
status reports received is much lower than FY 2017. The travel times
was also removed from this request.
For the following estimated total annual burden on respondents, the
formula used to calculate the total burden hours is the estimated
average time per response multiplied by the estimated total annual
responses.
Estimate of Average Time to Respond: Public reporting burden for
collecting information under this notice is estimated to average
0.84434 minutes
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per response, including the time for reviewing instructions, searching
existing data sources, gathering and maintaining the data needed, and
completing and reviewing the collection of information.
Type of Respondents: Businesses or other for-profits and Farms.
Estimated Number of Respondents: 12.8.
Estimated Average Number of Responses per Respondent: 9,700.
Estimated Total Annual Responses: 202,898.
Estimated Average Time per Response: 0.8434.
Estimated Total Annual Burden on Respondents: 171,126 hours.
Requesting Comments
FSA is 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;
(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 comments received in response to this notice, including names
and addresses when provided, will be a matter of public record.
Comments will be summarized and included in the submission for Office
of Management and Budget approval.
Steve Peterson,
Acting Administrator, Farm Service Agency.
[FR Doc. 2020-03303 Filed 2-19-20; 8:45 am]
BILLING CODE 3410-05-P
