Notice2023-23410
60-Day Notice of Proposed Information Collection: Rural Economic Development Loan and Grant Program; OMB Control No.: 0570-0035
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
October 24, 2023
Issuing agencies
Agriculture DepartmentRural Business-Cooperative Service
Abstract
In accordance with the Paperwork Reduction Act of, the United States Department of Agriculture (USDA) Rural Business-Cooperative Service (RBCS) announces its' intention to request a revision of a currently approved information collection and invites comments on this information collection.
Full Text
<html>
<head>
<title>Federal Register, Volume 88 Issue 204 (Tuesday, October 24, 2023)</title>
</head>
<body><pre>
[Federal Register Volume 88, Number 204 (Tuesday, October 24, 2023)]
[Notices]
[Pages 72992-72993]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-23410]
-----------------------------------------------------------------------
DEPARTMENT OF AGRICULTURE
Rural Business-Cooperative Service
[Docket No.: RBS-23-BUSINESS-0022]
60-Day Notice of Proposed Information Collection: Rural Economic
Development Loan and Grant Program; OMB Control No.: 0570-0035
AGENCY: Rural Business-Cooperative Service, USDA.
ACTION: Notice; request for comments.
-----------------------------------------------------------------------
SUMMARY: In accordance with the Paperwork Reduction Act of, the United
States Department of Agriculture (USDA) Rural Business-Cooperative
Service (RBCS) announces its' intention to request a revision of a
currently approved information collection and invites comments on this
information collection.
DATES: Comments on this notice must be received by December 26, 2023,
to be assured of consideration.
ADDRESSES: Comments may be submitted by the Federal eRulemaking Portal:
Go to <a href="http://www.regulations.gov">http://www.regulations.gov</a> and, in the ``Search Field'' box,
labeled ``Search for dockets and documents on agency actions,'' enter
the following docket number: (RBS-23-BUSINESS-0022), and click
``Search.'' To submit public comments, select the ``Comment'' button.
Before inputting your comments, you may also review the ``Commenter's
Checklist'' (optional). Insert your comments under the ``Comment''
title, click ``Browse'' to attach files (if applicable). Input your
email address and select an identity category then click ``Submit
Comment.'' 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
``FAQ'' link.
FOR FURTHER INFORMATION CONTACT: Kimble Brown, Rural Development
Innovation Center--Regulations Management Division, USDA, 1400
Independence Avenue SW, STOP 1522, South Building, Washington, DC
20250-1522. Telephone: (202) 720-6780. Email <a href="/cdn-cgi/l/email-protection#b9f2d0d4dbd5dc97fbcbd6ced7f9cccaddd897ded6cf"><span class="__cf_email__" data-cfemail="b1fad8dcd3ddd49ff3c3dec6dff1c4c2d5d09fd6dec7">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION: The Office of Management and Budget's (OMB)
regulation (5 CFR 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 an information collection that RBCS
is submitting to OMB as a revision to an existing collection.
Title: Rural Economic Development Loan and Grant Program.
OMB Control Number: 0570-0035.
Expiration Date of Approval: August 31, 2024.
Type of Request: Revision of a currently approved information
collection.
Estimate of Burden: Public reporting burden for this collection of
information is estimated to average 2.26 hours per response.
Respondents: Not-for-profit institutions.
Estimated Number of Respondents: 120.
Estimated Number of Responses per Respondent: 17.
Estimated Annual Reporting Number of Responses: 2,012.
Estimated Annual Reporting Burden on Respondents: 4,562.
Estimated Annual Recordkeeping Number of Responses: 90.
Estimated Annual Recordkeeping Burden on Respondents: 180.
Estimated Total Annual Number of Responses: 2,102.
Estimated Total Annual Burden on Respondents: 4,742.
Abstract: Under this program, loans and grants are provided to
electric and telecommunications utilities that have borrowed funds from
the Agency. The purpose of the program is to encourage these electric
and telecommunications utilities to promote rural economic development
and job creation projects such as business start-up costs, business
expansion, community development, and business incubator projects. The
utilities must use program loan funds to make a pass-through loan to an
ultimate recipient such as a business. The utility is responsible for
fully repaying its loan to the Government, even if the ultimate
recipient does not repay its loan. The intermediary must use program
grant funds, along with its required contribution, to create a
revolving loan
[[Page 72993]]
fund that the utility will operate and administer. Loans to the
ultimate recipient are made from the revolving loan fund for a variety
of community development projects. The information requested is
necessary and vital in order for the Agency to be able to make prudent
and financial analysis decisions.
The information collected will be used to evaluate applications for
funding consideration, conduct an environmental review, prepare legal
documents, receive loan payments, oversee the operation of a revolving
loan fund, monitor the use of RBS funds, and enforce other Government
requirements such as compliance with civil rights regulations.
Comments are invited on: (a) whether the proposed 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
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. Comments may be sent by the
Federal eRulemaking Portal: Go to <a href="https://www.regulations.gov">https://www.regulations.gov</a>. Follow
the instructions for submitting comments.
Copies of this information collection can be obtained from Kimble
Brown, Innovation Center, at (202) 720-6780, Email:
<a href="/cdn-cgi/l/email-protection" class="__cf_email__" data-cfemail="62090b0f000e074c00100d150c22171106034c050d14">[email protected]</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.
Karama Neal,
Administrator, Rural Business-Cooperative Service.
[FR Doc. 2023-23410 Filed 10-23-23; 8:45 am]
BILLING CODE 3410-XY-P
</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>Indexed from Federal Register on October 24, 2023.
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.