Notice2023-26624

Reporting and Recordkeeping Requirements Under OMB Review

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
December 5, 2023

Issuing agencies

Small Business Administration

Abstract

The Small Business Administration (SBA) is seeking approval from the Office of Management and Budget (OMB) for the information collection described below. In accordance with the Paperwork Reduction Act and OMB procedures, SBA is publishing this notice to allow all interested members of the public an additional 30 days to provide comments on the proposed collection of information.

Full Text

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<title>Federal Register, Volume 88 Issue 232 (Tuesday, December 5, 2023)</title>
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[Federal Register Volume 88, Number 232 (Tuesday, December 5, 2023)]
[Notices]
[Pages 84386-84387]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-26624]


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SMALL BUSINESS ADMINISTRATION


Reporting and Recordkeeping Requirements Under OMB Review

AGENCY: Small Business Administration.

ACTION: 30-Day notice.

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[[Page 84387]]

SUMMARY: The Small Business Administration (SBA) is seeking approval 
from the Office of Management and Budget (OMB) for the information 
collection described below. In accordance with the Paperwork Reduction 
Act and OMB procedures, SBA is publishing this notice to allow all 
interested members of the public an additional 30 days to provide 
comments on the proposed collection of information.

DATES: Submit comments on or before January 4, 2024.

ADDRESSES: Written comments and recommendations for this information 
collection request should be sent within 30 days of publication of this 
notice to <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>. Find this particular 
information collection request by selecting ``Small Business 
Administration''; ``Currently Under Review,'' then select the ``Only 
Show ICR for Public Comment'' checkbox. This information collection can 
be identified by title and/or OMB Control Number.

FOR FURTHER INFORMATION CONTACT: You may obtain a copy of the 
information collection and supporting documents from the Agency 
Clearance Office at <a href="/cdn-cgi/l/email-protection#65261017110c164b370c060d251607044b020a13"><span class="__cf_email__" data-cfemail="f3b08681879a80dda19a909bb3809192dd949c85">[email&#160;protected]</span></a>; (202) 205-7030, or from 
<a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>.

SUPPLEMENTARY INFORMATION: The Small Business Administration requires 
information to be disclosed to the buyer when a secondary market loan 
is transferred from one investor to another. This information includes 
a constant annual prepayment rate based upon the seller's analysis of 
prepayment histories of SBA guaranteed loans with similar maturities. 
Additionally, information is required on the terms. conditions and 
yield of the security being transferred.

Solicitation of Public Comments

    Comments may be submitted on (a) whether the collection of 
information is necessary for the agency to properly perform its 
functions; (b) whether the burden estimates are accurate; (c) whether 
there are ways to minimize the burden, including through the use of 
automated techniques or other forms of information technology; and (d) 
whether there are ways to enhance the quality, utility, and clarity of 
the information.

OMB Control 3245-0212

    Title: ``Form of Detached Assignment for U.S. Small Business 
Administration Loan Pool or Guarantee Interest Certificate''.
    Description of Respondents: Secondary market.
    SBA Form Number: SBA Form 1088.
    Estimated Number of Respondents: 836.
    Estimated Annual Responses: 836.
    Estimated Annual Hour Burden: 733.

Curtis Rich,
Agency Clearance Officer.
[FR Doc. 2023-26624 Filed 12-4-23; 8:45 am]
BILLING CODE 8026-09-P


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Indexed from Federal Register on December 5, 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.