Notice2022-26034
Submission for OMB Review; Comment Request
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
November 29, 2022
Issuing agencies
Agriculture Department
Full Text
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<title>Federal Register, Volume 87 Issue 228 (Tuesday, November 29, 2022)</title>
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[Federal Register Volume 87, Number 228 (Tuesday, November 29, 2022)]
[Notices]
[Pages 73279-73280]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-26034]
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DEPARTMENT OF AGRICULTURE
Submission for OMB Review; Comment Request
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; 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; the
accuracy of the agency's estimate of burden including the validity of
the methodology and assumptions used; ways to enhance the quality,
utility and clarity of the information to be collected; and 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 December
29, 2022 will be considered. Written comments and recommendations for
the proposed information collection should be submitted within 30 days
of the
[[Page 73280]]
publication of this notice on the following website <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>. Find this particular information collection by
selecting ``Currently under 30-day Review--Open for Public Comments''
or by using the search function.
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 Servicing Minor Program Loans.
OMB Control Number: 0560-0230.
Summary of Collection: The Farm Service Agency (FSA) is conducting
this revision due to Executive Order 14058 issued by the White House,
that tasked the Secretary of Agriculture with simplifying the direct
loan application process; so this collection was affected. FSA Farm
Loan Program staff provides supervised credit in the form of loans to
family farmers and ranchers to purchase land and finance agricultural
production. Regulations are promulgated to implement selected
provisions of sections 331 and 335 of the Consolidated Farm and Rural
Development Act (CONACT). FSA is authorized under the Section 331 to
grant releases from personal liability where security property is
transferred to approve applicants who, under agreement, assume the
outstanding secured indebtedness and to provide servicing authority
covered in the Section 335 for real estate security; operation or lease
of realty, disposition of surplus property; conveyance of complete
interest of the United States; easements; and condemnations. The
information is also collected from FSA Minor Program borrowers who may
be individual farmers or farming partnerships, associations, or
corporations.
Need and Use of the Information: FSA will collect information
related to a program benefit recipient or loan borrower requesting
action on security they own, which was purchased with FSA loan funds,
improved with FSA loan funds or has otherwise been mortgaged to FSA to
secure a government loan. The information collected is primarily
financial data, such as borrower's asset values, current financial
information and public use and employment data. The information
collection will be used solely by the Farm Loan Programs in FSA.
Failure to obtain this information at the time of the request for
servicing will result in rejection of the borrower's request.
Description of Respondents: Farms; Individuals or households;
Business or other-for-profit; Not-for-profit institutions; State. Local
and Tribal Government.
Number of Respondents: 58.
Frequency of Responses: Reporting: On occasion; Annually.
Total Burden Hours: 37.
Farm Service Agency
Title: 7 CFR 765, Direct Loan Servicing--Regular.
OMB Control Number: 0560-0236.
Summary of Collection: FSA is conducting this revision due to
Executive Order 14058 issued by the White House, that tasked the
Secretary of Agriculture with simplifying the direct loan application
process; this collection was affected. Authority to establish the
regulatory requirements contained in 7 CFR 765 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
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. The regulations covered by this
information collection request describes, the policies and procedures
FLP uses to service most FLP loans to ensure borrowers are meeting the
requirements of their loan agreements.
Need and Use of the Information: Information requested under this
collection is submitted by borrowers to the local agency office serving
the county in which their business is headquartered. The information is
used by FLP to manage application of proceeds from the sale of agency
security, consider whether a borrower is in compliance with their loan
covenants, assist the borrower in achieving their business goals,
conduct day-to-day management of the agency's loan portfolio, and
ensure that the agency's interests are protected. 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 or
position.
Description of Respondents: Business or other for-profit; farms.
Number of Respondents: 94,591.
Frequency of Responses: Reporting: On occasion; annually.
Total Burden Hours: 30,550.
Ruth Brown,
Departmental Information Collection Clearance Officer.
[FR Doc. 2022-26034 Filed 11-28-22; 8:45 am]
BILLING CODE 3410-05-P
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</html>Indexed from Federal Register on November 29, 2022.
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