Notice2021-17344
Agency Information Collection Activities: Revision of a Currently Approved Information Collection; Comments Request; Rural Development Loan Servicing
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
August 13, 2021
Issuing agencies
Agriculture DepartmentRural Business-Cooperative Service
Abstract
In accordance with the Paperwork Reduction Act of 1995, this notice announces the Rural Business-Cooperative Service's (RBCS) intention to request a revision of a currently approved information collection in support of Rural Development Loan Servicing for the Intermediary Relending Program.
Full Text
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<title>Federal Register, Volume 86 Issue 154 (Friday, August 13, 2021)</title>
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[Federal Register Volume 86, Number 154 (Friday, August 13, 2021)]
[Notices]
[Page 44689]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-17344]
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DEPARTMENT OF AGRICULTURE
Rural-Business Cooperative Service
Agency Information Collection Activities: Revision of a Currently
Approved Information Collection; Comments Request; Rural Development
Loan Servicing
AGENCY: Rural Business-Cooperative Service, Agriculture (USDA).
ACTION: 60-Day notice and request for comments.
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SUMMARY: In accordance with the Paperwork Reduction Act of 1995, this
notice announces the Rural Business-Cooperative Service's (RBCS)
intention to request a revision of a currently approved information
collection in support of Rural Development Loan Servicing for the
Intermediary Relending Program.
DATES: Comments on this notice must be received by October 12, 2021 to
be assured of consideration.
FOR FURTHER INFORMATION CONTACT: Lori Pittman, Rural Business-
Cooperative Service, USDA, STOP 3226, 1400 Independence Ave. SW,
Washington, DC 20250-3226, Telephone: (202) 720-1400.
SUPPLEMENTARY INFORMATION:
Title: Rural Development Loan Servicing.
OMB Number: 0570-0015.
Expiration Date of Approval: November 30, 2021.
Type of Request: Revision of a currently approved information
collection.
Abstract: Subpart R of 7 CFR part 1951 contains regulations for
servicing and liquidating loans made by Rural Development under the
Intermediary Relending Program (IRP) and the Rural Microentrepreneur
Assistance Program (RMAP) to eligible intermediaries and applies to
ultimate recipients and other involved parties. The information
requested is vital to RBS for prudent loan servicing, credit decisions,
and reasonable program monitoring.
Rural Development has determined that the financial reporting
requirements are necessary to provide the Agency with current
information in order to monitor the program, to make various reporting
requirements to Congress, and for program innovation and expansion
under the Government's Performance Review.
Servicing of the IRP is administered by RBCS in Washington, DC,
which will be the primary user of the information collected. Under the
Freedom of Information Act (FOIA), the general public can request the
majority of the data by the Agency from the intermediaries, except for
information that is classified as confidential.
Estimate of Burden: Public reporting burden for this collection of
information is estimated to average 3 hours per response.
Respondents: Non-profit corporations, public agencies, Indian
groups and cooperatives.
Estimated number of Respondents: 475.
Estimated number of responses: 3,941.
Estimated total annual burden on respondents: 11,878 hours.
Copies of this information collection can be obtained from Kimble
Brown, Innovation Center--Regulations Management Division, at (202)
720-6780.
Comments
Comments are invited on: (a) Whether the proposed collection of
information is necessary for the proper performance of the functions of
RBCS, including whether the information will have practical utility;
(b) the accuracy of RBCS 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. All responses to this notice will be summarized and
included in the request for OMB approval. All comments will also become
a matter of public record.
Mark Brodziski,
Acting Administrator, Rural Business-Cooperative Service.
[FR Doc. 2021-17344 Filed 8-12-21; 8:45 am]
BILLING CODE P
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This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.