Privacy Act of 1974: Revision of Privacy Act System of Records, 23026 [2021-09064]

Download as PDF 23026 Federal Register / Vol. 86, No. 82 / Friday, April 30, 2021 / Notices public in accordance with the provisions of 5 U.S.C. 552, will be available for website viewing and printing in the Commission’s Public Reference Room, 100 F Street NE, Washington, DC 20549, on official business days between the hours of 10:00 a.m. and 3:00 p.m. Copies of the filing also will be available for inspection and copying at the principal office of the Exchange. All comments received will be posted without change. Persons submitting comments are cautioned that we do not redact or edit personal identifying information from comment submissions. You should submit only information that you wish to make available publicly. All submissions should refer to File Number SR–MRX–2021–03 and should be submitted on or before May 21, 2021. For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.27 J. Matthew DeLesDernier, Assistant Secretary. [FR Doc. 2021–09023 Filed 4–29–21; 8:45 am] BILLING CODE 8011–01–P SMALL BUSINESS ADMINISTRATION Privacy Act of 1974: Revision of Privacy Act System of Records AGENCY: Small Business Administration (SBA). Notice of Revision of Privacy Act Systems of Records. ACTION: SBA is amending the Privacy Act Systems of Records for the Loan System, SBA 21 (‘‘SOR 21’’) to clarify that certain persons who have previously defaulted on a Federal loan or Federally-assisted financing resulting in the Federal government sustaining a loss are included in the records that SBA transfers to the Department of Housing and Urban Development for publication in a government-wide computer information system, the Credit Alert Verification Reporting System (previously referred to as the Credit Alert Interactive Voice Response System). This notice is in accordance with the Privacy Act requirement that agencies publish their amended Systems of Records in the Federal Register when there is a revision, change or addition to the systems. DATES: Written comments on the revisions to the SBA’s SOR 21 are due June 1, 2021. The changes to these Systems of Records are effective without further notice on June 14, 2021 unless comments are received that result in jbell on DSKJLSW7X2PROD with NOTICES SUMMARY: 27 17 CFR 200.30–3(a)(12). VerDate Sep<11>2014 19:58 Apr 29, 2021 Jkt 253001 further revision. Based on SBA’s review of comments received, if any, SBA will publish a notice if it determines to make changes to the system notices. ADDRESSES: Written comments on the revisions to the SBA’s SOR 21 should be directed to William Kostoff, Financial Analyst, U. S. Small Business Administration, 409 3rd Street SW, Washington, DC 20416, William.kostoff@sba.gov. FOR FURTHER INFORMATION CONTACT: Adrienne Grierson, Deputy Director, Office of Financial Program Operations at adrienne.grierson@sba.gov. SUPPLEMENTARY INFORMATION: SBA is revising its Privacy Act Systems of Records Notice, which was previously published at 74 FR 14890 (April 1, 2009), 77 FR 15835 (March 16, 2012), and 77 FR 61467 (October 9, 2012) to amend System 21 (Loan System) to clarify that persons who have previously defaulted on an SBA loan resulting in SBA sustaining a loss are included in the records that SBA transfers to the Department of Housing and Urban Development for publication in a government-wide computer information system, the Credit Alert Verification Reporting System. System 21—Loan System Under SOR 21, paragraph ‘‘o’’, SBA transfers delinquent debt information to the Department of Housing and Urban Development (‘‘HUD’’) for publication in a government-wide computer information system, the Credit Alert Verification Reporting System (CAIVRS), previously referred to as the Credit Alert Interactive Voice Response System. This transfer of information is authorized pursuant to the Computer Matching and Privacy Protection Act of 1988, as amended, and other applicable law. As a shared database of defaulted Federal debtors, CAIVRS provides the participating Federal agencies and their authorized financial institutions with a means to prescreen applicants for Federal financial assistance to avoid extending such assistance to persons who are credit risks, e.g., persons who have delinquent Federal debt or have had claims paid on direct or guaranteed Federal loans. Consistent with the purposes of CAIVRS, SBA currently includes in CAIVRS the names of persons (including businesses and guarantors) who have previously defaulted on an SBA loan, resulting in SBA sustaining a loss in any of its programs. These persons who have caused a prior loss to SBA are ineligible for further SBA business loans under 13 CFR 120.110(q), and their listing in CAIVRS assists SBA PO 00000 Frm 00096 Fmt 4703 Sfmt 4703 and its authorized lenders in ensuring that they do not obtain further SBA financial assistance. For clarity, SBA is amending the routine use provisions of its Privacy Act Systems of Records, Loan System, SBA 21 (‘‘SOR 21’’), paragraph ‘‘o’’, to indicate that persons who have caused a prior loss under 13 CFR 120.110(q) are included in this routine use. SYSTEM NAME: Loan System—SBA 21. ROUTINE USES OF RECORDS MAINTAINED IN THE SYSTEM INCLUDING CATEGORIES OF USERS AND THE PURPOSES OF SUCH USES: These records and information in the records may be used, disclosed, or referred: ‘‘o—To the Department of Housing and Urban Development or other Federal agency for publication of delinquent debt information of persons (including the names of businesses and individuals) delinquent in paying a debt owed to or guaranteed by the SBA (which includes persons who have caused a prior loss under 13 CFR 120.110(q)) on a system to allow searches by participating Government agencies and approved private lenders, consistent with applicable law.’’ Dated: April 26, 2021. Ji Kim, Director, Office of Financial Program Operations, Office of Capital Access. [FR Doc. 2021–09064 Filed 4–29–21; 8:45 am] BILLING CODE 8026–03–P SMALL BUSINESS ADMINISTRATION Military Reservist Economic Injury Disaster Loans Interest Rate for Third Quarter FY 2021 U.S. Small Business Administration. AGENCY: ACTION: Notice. This is a notice of the Military Reservist Economic Injury Disaster Loans interest rate for loans approved on or after April 30, 2021. SUMMARY: DATES: Issued on 04/26/2021. A. Escobar, Office of Disaster Assistance, U.S. Small Business Administration, 409 3rd Street SW, Suite 6050, Washington, DC 20416, (202) 205–6734. FOR FURTHER INFORMATION CONTACT: The Small Business Administration publishes an interest rate for Military Reservist Economic Injury Disaster Loans (13 CFR 123.512) on a quarterly basis. The SUPPLEMENTARY INFORMATION: E:\FR\FM\30APN1.SGM 30APN1

Agencies

[Federal Register Volume 86, Number 82 (Friday, April 30, 2021)]
[Notices]
[Page 23026]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-09064]


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SMALL BUSINESS ADMINISTRATION


Privacy Act of 1974: Revision of Privacy Act System of Records

AGENCY: Small Business Administration (SBA).

ACTION: Notice of Revision of Privacy Act Systems of Records.

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SUMMARY: SBA is amending the Privacy Act Systems of Records for the 
Loan System, SBA 21 (``SOR 21'') to clarify that certain persons who 
have previously defaulted on a Federal loan or Federally-assisted 
financing resulting in the Federal government sustaining a loss are 
included in the records that SBA transfers to the Department of Housing 
and Urban Development for publication in a government-wide computer 
information system, the Credit Alert Verification Reporting System 
(previously referred to as the Credit Alert Interactive Voice Response 
System). This notice is in accordance with the Privacy Act requirement 
that agencies publish their amended Systems of Records in the Federal 
Register when there is a revision, change or addition to the systems.

DATES: Written comments on the revisions to the SBA's SOR 21 are due 
June 1, 2021. The changes to these Systems of Records are effective 
without further notice on June 14, 2021 unless comments are received 
that result in further revision. Based on SBA's review of comments 
received, if any, SBA will publish a notice if it determines to make 
changes to the system notices.

ADDRESSES: Written comments on the revisions to the SBA's SOR 21 should 
be directed to William Kostoff, Financial Analyst, U. S. Small Business 
Administration, 409 3rd Street SW, Washington, DC 20416, 
[email protected].

FOR FURTHER INFORMATION CONTACT: Adrienne Grierson, Deputy Director, 
Office of Financial Program Operations at [email protected].

SUPPLEMENTARY INFORMATION: SBA is revising its Privacy Act Systems of 
Records Notice, which was previously published at 74 FR 14890 (April 1, 
2009), 77 FR 15835 (March 16, 2012), and 77 FR 61467 (October 9, 2012) 
to amend System 21 (Loan System) to clarify that persons who have 
previously defaulted on an SBA loan resulting in SBA sustaining a loss 
are included in the records that SBA transfers to the Department of 
Housing and Urban Development for publication in a government-wide 
computer information system, the Credit Alert Verification Reporting 
System.

System 21--Loan System

    Under SOR 21, paragraph ``o'', SBA transfers delinquent debt 
information to the Department of Housing and Urban Development 
(``HUD'') for publication in a government-wide computer information 
system, the Credit Alert Verification Reporting System (CAIVRS), 
previously referred to as the Credit Alert Interactive Voice Response 
System. This transfer of information is authorized pursuant to the 
Computer Matching and Privacy Protection Act of 1988, as amended, and 
other applicable law. As a shared database of defaulted Federal 
debtors, CAIVRS provides the participating Federal agencies and their 
authorized financial institutions with a means to prescreen applicants 
for Federal financial assistance to avoid extending such assistance to 
persons who are credit risks, e.g., persons who have delinquent Federal 
debt or have had claims paid on direct or guaranteed Federal loans.
    Consistent with the purposes of CAIVRS, SBA currently includes in 
CAIVRS the names of persons (including businesses and guarantors) who 
have previously defaulted on an SBA loan, resulting in SBA sustaining a 
loss in any of its programs. These persons who have caused a prior loss 
to SBA are ineligible for further SBA business loans under 13 CFR 
120.110(q), and their listing in CAIVRS assists SBA and its authorized 
lenders in ensuring that they do not obtain further SBA financial 
assistance. For clarity, SBA is amending the routine use provisions of 
its Privacy Act Systems of Records, Loan System, SBA 21 (``SOR 21''), 
paragraph ``o'', to indicate that persons who have caused a prior loss 
under 13 CFR 120.110(q) are included in this routine use.

SYSTEM NAME:
    Loan System--SBA 21.

ROUTINE USES OF RECORDS MAINTAINED IN THE SYSTEM INCLUDING CATEGORIES 
OF USERS AND THE PURPOSES OF SUCH USES:
    These records and information in the records may be used, 
disclosed, or referred:
    ``o--To the Department of Housing and Urban Development or other 
Federal agency for publication of delinquent debt information of 
persons (including the names of businesses and individuals) delinquent 
in paying a debt owed to or guaranteed by the SBA (which includes 
persons who have caused a prior loss under 13 CFR 120.110(q)) on a 
system to allow searches by participating Government agencies and 
approved private lenders, consistent with applicable law.''

    Dated: April 26, 2021.
Ji Kim,
Director, Office of Financial Program Operations, Office of Capital 
Access.
[FR Doc. 2021-09064 Filed 4-29-21; 8:45 am]
BILLING CODE 8026-03-P
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