[Federal Register Volume 77, Number 247 (Wednesday, December 26, 2012)]
[Notices]
[Page 75969]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-30974]
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DEPARTMENT OF AGRICULTURE
Submission for OMB Review; Comment Request
December 19, 2012.
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
regarding (a) 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; (b) the accuracy
of the agency's estimate of burden including the validity of the
methodology and assumptions used; (c) ways to enhance the quality,
utility and clarity of the information to be collected; (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 should be addressed to: Desk
Officer for Agriculture, Office of Information and Regulatory Affairs,
Office of Management and Budget (OMB), [email protected] or
fax (202) 395-5806 and to Departmental Clearance Office, USDA, OCIO,
Mail Stop 7602, Washington, DC 20250-7602. Comments regarding these
information collections are best assured of having their full effect if
received within 30 days of this notification. Copies of the
submission(s) may be obtained by calling (202) 720-8681.
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 Service (RBS)
Title: 7 CFR 4279-A, Guaranteed Loan-making General .
OMB Control Number: 0570-0018.
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, 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.
This purpose is achieved through bolstering the existing private credit
structure through the guaranteeing of quality loans made by lending
institutions, thereby providing lasting community benefits. The B&I
program is administered by the RBS through Rural Development State and
sub-State offices serving each state.
Need and Use of the Information: RBS will collect information to
determine the eligibility and credit worthiness for a lender or
borrower. The information is used by Agency loan officers and approval
officials to determine lender program eligibility and for program
monitoring.
Description of Respondents: Business or other for-profit; State,
Local or Tribal Government.
Number of Respondents: 615.
Frequency of Responses: Reporting: On occasion.
Total Burden Hours: 1,269.
Title: Intermediary Re-lending Program.
OMB Control Number: 0570-0021.
Summary of Collection: The objective of the Intermediary Relending
Program (IRP) is to improve community facilities and employment
opportunities and increase economic activity in rural areas by
financing business facilities and community development. This purpose
is achieved through loans made by the Rural Business-Cooperative
Service (RBS) to intermediaries that establish programs for the purpose
of providing loans to ultimate recipients for business facilities and
community development. The Community Economic Development Act of 1981
(42 U.S.C. 9812(a), section 623(a)) provides for the Secretary the
authority to make loans to nonprofit entities who will in turn provide
financial assistance to rural businesses to improve business, industry
and employment opportunities as well as provide a diversification of
the economy in rural areas.
Need and Use of the Information: The information requested is
necessary for RBS to process applications in a responsible manner, make
prudent credit and program decisions, and effectively monitor the
intermediaries' activities to protect the Government's financial
interest and ensure that funds obtained from the Government are used
appropriately. Various forms are used to include information to
identify the intermediary, describe the intermediary's experience and
expertise, describe how the intermediary will operate its revolving
loan fund, provide for debt instruments, loan agreements, and security,
and other material necessary for prudent credit decisions and
reasonable program monitoring.
Description of Respondents: Not-for-profit institutions; Business
or other for-profit.
Number of Respondents: 202.
Frequency of Responses: Reporting: On occasion.
Total Burden Hours: 17,959.
Charlene Parker,
Departmental Information Collection Clearance Officer.
[FR Doc. 2012-30974 Filed 12-21-12; 4:15 pm]
BILLING CODE 3410-XT-P