[Federal Register Volume 82, Number 71 (Friday, April 14, 2017)]
[Notices]
[Page 17967]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-07566]
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Notices
Federal Register
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This section of the FEDERAL REGISTER contains documents other than rules
or proposed rules that are applicable to the public. Notices of hearings
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Federal Register / Vol. 82, No. 71 / Friday, April 14, 2017 /
Notices
[[Page 17967]]
DEPARTMENT OF AGRICULTURE
Submission for OMB Review; Comment Request
April 11, 2017.
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 May 15,
2017 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: Guaranteed Farm Loans.
OMB Control Number: 0560-0155.
Summary of Collection: The Consolidated Farm and Rural Development
Act (CONACT), as amended, authorize the Secretary of Agriculture to
make and service loans guaranteed by the Farm Service Agency (FSA) to
eligible farmers and ranchers. The statutory authority for the
guaranteed loan program is set out in the Code of Federal Regulations,
title 7, chapter VII, part 762. The loans made and serviced under part
762 include farm operating, farm ownership loans. FSA also provides
guarantees of loans made by private sellers of a farm or ranch on a
land contract sales basis. The reporting requirements imposed on the
public by the regulations at 7 CFR part 763 are necessary to administer
the Land Contract guaranteed loan program in accordance with statutory
requirements of the CONACT as specified in the 2008 Farm Bill. FSA uses
Agency forms and written evidence to collect needed information. FSA is
also establishing the EZ Guarantee Program that is providing a
guarantee for operating loans (OLs) and Farm ownerships (FOs) up to
$50,000, and implementing the Micro Lender Program (MLP) status for the
nontraditional lenders to participate in the Guaranteed ML Program.
Need and Use of the Information: The basis 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 information collected is used to determine lender and loan
applicant eligibility for farm loan guarantees, and to ensure the
lender protects the government's financial interest. The information
FSA collects 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.
Description of Respondents: Farms; Business or other for-profit.
Number of Respondents: 14,393.
Frequency of Responses: Reporting: Other (when applying for loans).
Total Burden Hours: 220,838.
Ruth Brown,
Departmental Information Collection Clearance Officer.
[FR Doc. 2017-07566 Filed 4-13-17; 8:45 am]
BILLING CODE 3410-05-P