Information Collection Requests; Guaranteed Farm Loan Program (OMB Control Number 0560-0155) and General Program Administration (OMB Control Number 0560-0238)
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.
Issuing agencies
Abstract
In accordance with the Paperwork Reduction Act (PRA) requirement, the Farm Service Agency (FSA) is requesting comments from all interested individuals and organizations on the two Farm Loan Programs' information collection requests. FSA is also requesting an extension with a revision for those currently approved information collection requests. The two collection requests in the Farm Loan Programs are: Guaranteed Farm Loan Program and General Program Administration. In the General Program Administration, the information collected is used to ensure that applicants meet statutory eligibility requirements, loan funds are used for authorized purposes, and the Government's interest in security is adequately protected. In the Guaranteed Farm Loan Program, the collected information is needed to make and service loans guaranteed by FSA to eligible farmers and ranchers by commercial lenders and nontraditional lenders.
Full Text
<html>
<head>
<title>Federal Register, Volume 88 Issue 99 (Tuesday, May 23, 2023)</title>
</head>
<body><pre>
[Federal Register Volume 88, Number 99 (Tuesday, May 23, 2023)]
[Notices]
[Pages 33080-33081]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-10910]
========================================================================
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. 88, No. 99 / Tuesday, May 23, 2023 /
Notices
[[Page 33080]]
DEPARTMENT OF AGRICULTURE
Farm Service Agency
[Docket ID: FSA-2023-0009]
Information Collection Requests; Guaranteed Farm Loan Program
(OMB Control Number 0560-0155) and General Program Administration (OMB
Control Number 0560-0238)
AGENCY: Farm Service Agency, USDA.
ACTION: Notice; request for comments.
-----------------------------------------------------------------------
SUMMARY: In accordance with the Paperwork Reduction Act (PRA)
requirement, the Farm Service Agency (FSA) is requesting comments from
all interested individuals and organizations on the two Farm Loan
Programs' information collection requests. FSA is also requesting an
extension with a revision for those currently approved information
collection requests. The two collection requests in the Farm Loan
Programs are: Guaranteed Farm Loan Program and General Program
Administration. In the General Program Administration, the information
collected is used to ensure that applicants meet statutory eligibility
requirements, loan funds are used for authorized purposes, and the
Government's interest in security is adequately protected. In the
Guaranteed Farm Loan Program, the collected information is needed to
make and service loans guaranteed by FSA to eligible farmers and
ranchers by commercial lenders and nontraditional lenders.
DATES: We will consider comments that we receive by July 24, 2023.
ADDRESSES: We invite you to submit comments in response to this notice.
FSA prefers that the comments are submitted electronically through the
Federal eRulemaking Portal, identified by Docket ID No. FSA-2023-0009,
go to <a href="http://www.regulations.gov">http://www.regulations.gov</a> and search for docket ID FSA-2023-
0009. Follow the online instructions for submitting comments.
All comments received will be posted without change and made
publicly available on <a href="http://www.regulations.gov">www.regulations.gov</a>.
FOR FURTHER INFORMATION CONTACT: For specific questions related to the
collection activities: for the Guaranteed Farm Loan Program, please
contact Steve Ford, 202-304-7932; <a href="/cdn-cgi/l/email-protection#483b3c2d3e2d26662e273a2c7a083d3b2c29662f273e"><span class="__cf_email__" data-cfemail="f6858293809398d890998492c4b683859297d8919980">[email protected]</span></a> and for the
General Program Administration, please contact Tracy Jones, 202-720-
6771, <a href="/cdn-cgi/l/email-protection#d8acaab9bba1f6b2b7b6bdab98adabbcb9f6bfb7ae"><span class="__cf_email__" data-cfemail="9ce8eefdffe5b2f6f3f2f9efdce9eff8fdb2fbf3ea">[email protected]</span></a>. Individuals who require alternative means
for communication should contact the USDA TARGET Center at (202) 720-
2600 (voice and text telephone (TTY)) or dial 711 for
Telecommunications Relay service (both voice and text telephone users
can initiate this call from any telephone).
SUPPLEMENTARY INFORMATION:
Title: Farm Loan Programs--Guaranteed Farm Loan.
OMB Control Number: 0560-0155.
Expiration Date: September 30, 2023.
Type of Request: Revision.
Abstract: This information collection 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. The basic 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 reporting requirements
imposed on the public by the regulations at 7 CFR part 762 and 763 are
necessary to administer the guaranteed loan program in accordance with
statutory requirements of the Consolidated Farm and Rural Development
Act and are consistent with commonly performed lending practices.
Collection of information after loans are made is necessary to protect
the Government's financial interest.
The annual responses have been reduced by 18,974 while the burden
hours reduced by 11,093 hours in the request. The reason for the
decrease is due to a drop in Guaranteed loans originated between the
years FY 2020 and FY 2022. Between FY 2019 and FY 2022, the number of
Guaranteed loans fell by 19 percent from 7,611 to 6,137. In addition,
the number of loss claims and status reports received is much lower
than FY 2020.
For the following estimated total annual burden on respondents, the
formula used to calculate the total burden hours is the estimated
average time per response multiplied by the estimated total annual
responses.
Estimate of Average Time to Respond: Public reporting burden for
collecting information under this notice is estimated to average 0.8852
hours per response, including the time for reviewing instructions,
searching existing data sources, gathering and maintaining the data
needed, and completing and reviewing the collection of information.
Type of Respondents: Businesses or other for-profits and Farms.
Estimated Number of Respondents: 9,063.
Estimated Average Number of Responses per Respondent: 19.2733.
Estimated Total Annual Responses: 174,674.
Estimated Average Time per Response: 0.8852.
Estimated Total Annual Burden on Respondents: 154,631 hours.
Title: Farm Loan Programs--General Program Administration.
OMB Control Number: 0560-0238.
Expiration Date: September 30, 2023.
Type of Request: Revision.
Abstract: General Program Administration, as specified in the 7 CFR
761, contains requirements that are applicable to making and servicing
direct loans. The information collections are necessary to ensure that
applicants meet statutory eligibility requirements, loan funds are used
for authorized purposes, and the Federal Government's interest in
security is adequately protected. Specific information collection
requirements include financial information in the form of a balance
sheet and cash flow projection used in loan making and servicing
decisions; information needed to establish joint bank accounts in which
loan funds, proceeds derived from the sale of loan security and
insurance proceeds, may be deposited; collateral pledges from financial
institutions when the balance of a supervised bank account will exceed
the maximum amount insurable by the Federal Government; and documents
that construction plans and specifications to comply with state and
local building standards.
The number of respondents has not changed since the last OMB
submission.
[[Page 33081]]
The number of responses decreased by 17,956 while the number of burden
hours decreased by 18,603 in the information collection request. Those
decreases were due to the Executive Order 14058 requiring FSA to
simplify the direct loan application process. As such, forms FSA-2001,
FSA-2002, FSA-2003, FSA-2004, FSA-2005, FSA-2006, FSA-2037, FSA-2038,
FSA-2302, and FSA-2330 have been consolidated in a single form for the
purposes of direct loan making and that consolidation is reflected in
this collection. Forms FSA-2037 and FSA-2038 are covered by OMB Control
Number 0560-0238. The revised FSA-2001 is used for direct loan making
to replace the use of the listed forms; other FLP uses, for example
loan servicing may still use the original forms in some cases. The
consolidating of 10 forms illustrates the reduction in those responses
and burden hours affected by the streamlining.
For the following estimated total annual burden on respondents, the
formula used to calculate the total burden hours is the estimated
average time per response multiplied by the estimated total annual
responses.
Estimated Respondent Burden: Public reporting burden for this
collection of information is estimated to average 1.00204 hours per
response.
Type of Respondents: Individuals or households, businesses or other
for profit and farms.
Estimated Number of Respondents: 64,802.
Estimated Number of Responses per Respondent: 2.259.
Estimated Total Annual Number of Responses: 146,434.
Estimated Average Time per Response: 1.0204 hours.
Estimated Total Annual Burden on Respondents: 149,426 hours.
FSA is requesting comments on all aspects of this information
collection to help us to:
(1) Evaluate whether the collection of information is necessary for
the proper performance of the functions of FSA, including whether the
information will have practical utility;
(2) Evaluate the accuracy of FSA's estimate of burden including the
validity of the methodology and assumptions used;
(3) Enhance the quality, utility and clarity of the information to
be collected;
(4) Minimize the burden of the collection of information on those
who are to respond, including using appropriate automated, electronic,
mechanical, or other technological collection techniques or other forms
of information technology.
All comments received in response to this notice, including names
and addresses when provided, will be a matter of public record.
Comments will be summarized and included in the submission for Office
of Management and Budget approval.
USDA Non-Discrimination Policy
In accordance with Federal civil rights law and USDA civil rights
regulations and policies, USDA, its Agencies, offices, and employees,
and institutions participating in or administering USDA programs are
prohibited from discriminating based on race, color, national origin,
religion, sex, gender identity (including gender expression), sexual
orientation, disability, age, marital status, family or parental
status, income derived from a public assistance program, political
beliefs, or reprisal or retaliation for prior civil rights activity, in
any program or activity conducted or funded by USDA (not all bases
apply to all programs). Remedies and complaint filing deadlines vary by
program or incident.
Individuals who require alternative means of communication for
program information (for example, braille, large print, audiotape,
American Sign Language, etc.) should contact the responsible Agency or
USDA TARGET Center at (202) 720-2600 (voice and text telephone (TTY) or
dial 711 for Telecommunications Relay Service (both voice and text
telephone users can initiate this call from any telephone).
Additionally, program information may be made available in languages
other than English.
To file a program discrimination complaint, complete the USDA
Program Discrimination Complaint Form, AD-3027, found online at <a href="https://www.usda.gov/oascr/how-to-file-a-program-discrimination-complaint">https://www.usda.gov/oascr/how-to-file-a-program-discrimination-complaint</a> and
at any USDA office or write a letter addressed to USDA and provide in
the letter all the information requested in the form. To request a copy
of the complaint form, call (866) 632-9992. Submit your completed form
or letter to USDA by mail to: U.S. Department of Agriculture, Office of
the Assistant Secretary for Civil Rights, 1400 Independence Avenue SW,
Washington, DC 20250-9410 or email: <a href="/cdn-cgi/l/email-protection#531c121013262037327d343c25"><span class="__cf_email__" data-cfemail="703f313330050314115e171f06">[email protected]</span></a>.
USDA is an equal opportunity provider, employer, and lender.
Zach Ducheneaux,
Administrator, Farm Service Agency.
[FR Doc. 2023-10910 Filed 5-22-23; 8:45 am]
BILLING CODE 3410-E2-P
</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>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.