Notice of Request for Extension of a Currently Approved Information Collection, 17352-17353 [2021-06807]

Agencies

• DEPARTMENT OF AGRICULTURE
• Rural Business-Cooperative Service

[Federal Register Volume 86, Number 62 (Friday, April 2, 2021)]
[Notices]
[Pages 17352-17353]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-06807]


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DEPARTMENT OF AGRICULTURE

Rural Business-Cooperative Service

[Docket No. RBS-21-BUSINESS-0005]


Notice of Request for Extension of a Currently Approved 
Information Collection

AGENCY: Rural Business--Cooperative Service, USDA.

ACTION: Notice and request for comments.

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SUMMARY: In accordance with the Paperwork Reduction Act of 1995, this 
notice announces the intention of the above-named agency to request 
Office of Management and Budget's (OMB) approval for an extension of a 
currently approved information collection in support of Business and 
Industrial Loan Programs.

DATES: Comments on this notice must be received by June 1, 2021.

FOR FURTHER INFORMATION CONTACT: Arlette Mussington, Rural Development 
Innovation Center--Regulations Management Division, USDA, 1400 
Independence Avenue SW, Room 4227, South Building, Washington, DC 
20250-1522. Telephone: (202) 720-2825. Email 
[email protected].

SUPPLEMENTARY INFORMATION: The Office of Management and Budget's (OMB) 
regulation (5 CFR 1320) implementing provisions of the Paperwork 
Reduction Act of 1995 (Pub. L. 104-13) requires that interested members 
of the public and affected agencies have an opportunity to comment on 
information collection and recordkeeping activities (see 5 CFR 
1320.8(d)). This notice identifies an information collection that RBS 
is submitting to OMB for extension.
    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 will have practical 
utility; (b) The accuracy of the Agency's estimate of the burden of the 
proposed collection of information including the validity of the 
methodology and assumptions 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 through the use of appropriate automated, 
electronic, mechanical, or other technological collection techniques or 
other forms of information technology.
    Comments may be sent by the Federal eRulemaking Portal: Go to 
https://www.regulations.gov and, in the lower ``Search Regulations and 
Federal Actions'' box, select ``RBS'' from the agency drop-down menu, 
then click on ``Submit.'' In the Docket ID column, select RBS-21-
BUSINESS-0005 to submit or view public comments and to view supporting 
and related materials available electronically. Information on using 
Regulations.gov, including instructions for accessing documents, 
submitting comments, and viewing the docket after the close of the 
comment period, is available through the site's ``User Tips'' link.
    Title: Business and Industry Loan Program.
    OMB Number: OMB No. 0570-0014.
    Expiration Date of Approval: November 30, 2021.
    Type of Request: Extension of a currently approved information 
collection.
    Abstract: The Business and Industry (B&I) program was legislated in 
1972, under Section 310B of the Consolidated Farm and Rural Development 
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.
    The collected information is submitted to the B&I loan official by 
loan applicants and commercial lenders for use in making program 
eligibility, financial feasibility determinations and loan security 
determinations as required by the Con Act.
    The Agency is requesting an extension due to the number of 
applications submitted by borrowers remained unchanged over the past 3 
years since the collection was last approved.
    Estimate of Burden: Public reporting for this collection of 
information is estimated to average 3 hours per response.
    Respondents: Individuals, rural businesses, for profit businesses, 
nonprofit businesses, Indian tribes, public bodies, cooperatives.
    Estimated Number of Respondents: 16.
    Estimated Number of Responses per Respondent: 4.31.
    Estimated Number of Responses: 69.
    Estimated Total Annual Burden on Respondents: 228 hours.

[[Page 17353]]

    Copies of this information collection can be obtained from Arlette 
Mussington, Innovation Center--Regulations Management Division, at 
(202) 720-2825. Email: [email protected].
    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.

Mark Brodziski,
Acting Administrator, Rural Business-Cooperative Service.
[FR Doc. 2021-06807 Filed 4-1-21; 8:45 am]
BILLING CODE 3410-XY-P