[Federal Register Volume 81, Number 14 (Friday, January 22, 2016)]
[Notices]
[Page 3776]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-01254]
========================================================================
Notices
Federal Register
________________________________________________________________________
This section of the FEDERAL REGISTER contains documents other than rules
or proposed rules that are applicable to the public. Notices of hearings
and investigations, committee meetings, agency decisions and rulings,
delegations of authority, filing of petitions and applications and agency
statements of organization and functions are examples of documents
appearing in this section.
========================================================================
Federal Register / Vol. 81, No. 14 / Friday, January 22, 2016 /
Notices
[[Page 3776]]
DEPARTMENT OF AGRICULTURE
Farm Service Agency
Submission for OMB Review; Comment Request
January 15, 2016.
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 required 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 February
22, 2016 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.
Farm Service Agency
Title: 7 CFR 764, Direct Loan Making.
OMB Control Number: 0560-0237.
Summary of Collection: The Farm Loan Program (FLP) provides loans
to family farmers to purchase real estate and equipment and finance
agricultural production. The regulation covered by this collection
describes the policies and procedures the agency uses to provide
supervised credit to FLP applicants requesting direct loan assistance
in accordance with the provisions of the Consolidated Farm and Rural
Development Act (7 U.S.C. 1921) (Pub. L. 87-128), as amended. Authority
to establish the regulatory requirements contained in 7 CFR 764, is
provided under 5 U.S.C. 301, which provides that ``The Head of an
Executive department or military department may prescribe regulations
for the government of his department, the distribution and performance
of its business . . .'' The Secretary delegated authority to administer
the provisions of the Act applicable to the Farm Loan Program (FLP) to
the Under Secretary for Farm and Foreign Agricultural Service in
section 2.16 of 7 CFR part 2. FLP provides loans to family farmers to
purchase real estate equipment and finance agricultural production.
Need and Use of the Information: Information is submitted by the
applicants to the local agency office serving the county in which their
business is headquartered. The information is necessary to thoroughly
evaluate the applicant's request for a direct loan and is used by
agency officials to: (1) Ensure that cash flow projections used in
determining loan repayment are based on the actual production history
of the operation, (2) Ensure that a loan is adequately secured. (3)
Ensure the applicant meets the statutorily established program
eligibility requirements, and (4) Obtain assignment on income or sales
proceeds, when appropriate, to ensure timely repayment of the loans.
Since the agency is mandated to provide supervised credit, failure to
collect the information, or collecting it less frequently, could result
in the failure of the farm operation or loss of agency security
property.
Description of Respondents: Business or other for-profit; Farms.
Number of Respondents: 183,433.
Frequency of Responses: Reporting: On occasion; Annually.
Total Burden Hours: 345,484.
Ruth Brown,
Departmental Information Collection Clearance Officer.
[FR Doc. 2016-01254 Filed 1-21-16; 8:45 am]
BILLING CODE 3410-05-P