Notice2021-28541
Information Collection Activities: Extension of a Currently Approved Information Collection; Comment Request; Settlement of Debt Owed by Electric Borrowers
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
January 5, 2022
Issuing agencies
Agriculture DepartmentRural Utilities Service
Abstract
In accordance with the Paperwork Reduction Act of 1995, the United States Department of Agriculture (USDA) Rural Utilities Service (RUS) announces its' intention to request an extension of a currently approved information collection and invites comments on this information collection.
Full Text
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<title>Federal Register, Volume 87 Issue 3 (Wednesday, January 5, 2022)</title>
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[Federal Register Volume 87, Number 3 (Wednesday, January 5, 2022)]
[Notices]
[Page 424]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-28541]
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Federal Register / Vol. 87, No. 3 / Wednesday, January 5, 2022 /
Notices
[[Page 424]]
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DEPARTMENT OF AGRICULTURE
Rural Utilities Service
[Docket No. RUS-21-ELECTRIC-0022]
Information Collection Activities: Extension of a Currently
Approved Information Collection; Comment Request; Settlement of Debt
Owed by Electric Borrowers
AGENCY: Rural Utilities Service, USDA.
ACTION: 60-Day notice and request for comments.
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SUMMARY: In accordance with the Paperwork Reduction Act of 1995, the
United States Department of Agriculture (USDA) Rural Utilities Service
(RUS) announces its' intention to request an extension of a currently
approved information collection and invites comments on this
information collection.
DATES: Comments on this notice must be received by March 7, 2022 to be
assured of consideration.
ADDRESSES: Comments may be submitted by the Federal eRulemaking Portal:
Go to <a href="https://www.regulations.gov">https://www.regulations.gov</a> and, in the lower ``Search
Regulations and Federal Actions'' box, select ``Rural Utilities
Service'' from the agency drop-down menu, then click on ``Submit.'' In
the Docket ID column, select RUS-21-ELECTRIC-0022 to submit or view
public comments and to view supporting and related materials available
electronically. Information on using <a href="http://Regulations.gov">Regulations.gov</a>, including
instructions for accessing documents, submitting comments, and viewing
the docket after the close of the comment period, is available through
the site's ``User Tips'' link.
FOR FURTHER INFORMATION CONTACT: MaryPat Daskal, Chief, Branch 1, Rural
Development Innovation Center--Regulations Management Division, United
States Department of Agriculture, 1400 Independence Avenue SW, South
Building, Washington, DC 20250-1522. Telephone: (202) 720-7853. Email
<a href="/cdn-cgi/l/email-protection#c78aa6b5be97a6b3e983a6b4acaba687b2b4a3a6e9a0a8b1"><span class="__cf_email__" data-cfemail="e6ab87949fb68792c8a287958d8a87a693958287c8818990">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION:
The Office of Management and Budget's (OMB) regulation (5 CFR part
1320) implementing provisions of the Paperwork Reduction Act of 1995
(Pub. L. 104-13) requires that interested members of the public and
affected agencies have an opportunity to comment on information
collection and recordkeeping activities (see 5 CFR 1320.8(d)). This
notice identifies the following information collection that RUS is
submitting to OMB as extension to an existing collection with Agency
adjustment.
Title: 7 CFR Part 1717, Subpart Y, Settlement of Debt Owed by
Electric Borrowers.
OMB Control Number: 0572-0116.
Expiration Date of Approval: March 31, 2022.
Type of Request: Extension of a currently approved information
collection.
Estimate of Burden: Public reporting for this collection of
information is estimated to average 1,000 hours per response.
Respondents: Not-for-profit institutions and other businesses.
Estimated Number of Respondents: 1.
Estimated Number of Responses per Respondent: 1.
Estimated Total Annual Burden on Respondents: 1,000 hours.
Abstract: The Rural Utilities Service makes mortgage loans and loan
guarantees to electric systems to provide and improve electric service
in rural areas pursuant to the Rural Electrification Act of 1936, as
amended (7 U.S.C. 901 et seq.) (RE Act). This information collection
requirement stems from passage of Public Law 104-127, on April 4, 1996,
which amended section 331(b) of the Consolidated Farm and Rural
Development Act (7 U.S.C. 1921 et seq.) to extend to RUS the Secretary
of Agriculture's authority to settle debts with respect to loans made
or guaranteed by RUS. Only those electric borrowers that are unable to
fully repay their debts to the Government and who apply to RUS for
relief will be affected by this information collection. The collection
will require only that information which is essential for determining:
The need for debt settlement; the amount of relief that is needed; the
amount of debt that can be repaid; the scheduling of debt repayment;
and the range of opportunities for enhancing the amount of debt that
can be recovered. The information to be collected will be similar to
that which any prudent lender would require to determine whether debt
settlement is required and the amount of relief that is needed. Since
the need for relief is expected to vary substantially from case to
case, so will the required information collection.
Comments are invited on:
(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 the burden of the
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 respondents, 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 become a matter of public record.
Copies of this information collection can be obtained from Kimble
Brown, Rural Development Innovation Center--Regulations Management
Division, at (202) 720-6780. Email: <a href="/cdn-cgi/l/email-protection#2a61434748464f046858455d446a5f594e4b044d455c"><span class="__cf_email__" data-cfemail="7c3715111e1019523e0e130b123c090f181d521b130a">[email protected]</span></a>.
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.
Christopher McLean,
Acting Administrator, Rural Utilities Service.
[FR Doc. 2021-28541 Filed 1-4-22; 8:45 am]
BILLING CODE P
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