Agency Information Collection Activities; Submission to the Office of Management and Budget (OMB) for Review and Approval; Comment Request; Fisheries Finance Program Requirements
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Issuing agencies
Abstract
The Department of Commerce, in accordance with the Paperwork Reduction Act of 1995 (PRA), invites the general public and other Federal agencies to comment on proposed, and continuing information collections, which helps us assess the impact of our information collection requirements and minimize the public's reporting burden. The purpose of this notice is to allow for 60 days of public comment preceding submission of the collection to OMB.
Full Text
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<title>Federal Register, Volume 91 Issue 75 (Monday, April 20, 2026)</title>
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[Federal Register Volume 91, Number 75 (Monday, April 20, 2026)]
[Notices]
[Pages 20983-20984]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-07620]
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DEPARTMENT OF COMMERCE
National Oceanic and Atmospheric Administration
Agency Information Collection Activities; Submission to the
Office of Management and Budget (OMB) for Review and Approval; Comment
Request; Fisheries Finance Program Requirements
AGENCY: National Oceanic & Atmospheric Administration (NOAA), Commerce.
ACTION: Notice of Information Collection, request for comment.
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SUMMARY: The Department of Commerce, in accordance with the Paperwork
Reduction Act of 1995 (PRA), invites the general public and other
Federal agencies to comment on proposed, and continuing information
collections, which helps us assess the impact of our information
collection requirements and minimize the public's reporting burden. The
purpose of this notice is to allow for 60 days of public comment
preceding submission of the collection to OMB.
DATES: To ensure consideration, comments regarding this proposed
information collection must be received on or before June 22, 2026.
ADDRESSES: Interested persons are invited to submit written comments to
Adrienne Thomas, NOAA PRA Officer, at <a href="/cdn-cgi/l/email-protection#87c9c8c6c6a9d7d5c6c7e9e8e6e6a9e0e8f1"><span class="__cf_email__" data-cfemail="4b05040a0a651b190a0b25242a2a652c243d">[email protected]</span></a>. Please
reference OMB Control Number 0648-0012 in the subject line of your
comments. Do not submit Confidential Business Information or otherwise
sensitive or protected information.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
specific questions related to collection activities should be directed
to Brian Summers, Loan Specialist, NOAA/NMFS/FFP/FMB5, 1315 East West
Highway, Silver Spring, MD 20910, (301) 427-8783,
<a href="/cdn-cgi/l/email-protection#9ffdedf6fef1b1eceaf2f2faedecdff1f0fefeb1f8f0e9"><span class="__cf_email__" data-cfemail="abc9d9c2cac585d8dec6c6ced9d8ebc5c4caca85ccc4dd">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION:
I. Abstract
This request is for an extension of the currently approved
information collection. The National Oceanic and Atmospheric
Administration (NOAA)
[[Page 20984]]
operates the Fisheries Finance Program, a direct government loan
program that provides long term financing for the cost of construction
or reconstruction of fishing vessels, shoreside fishery facilities,
aquaculture facilities, and individual fishing quotas in the Northwest
Halibut/Sablefish and Alaskan Crab Fisheries. To be eligible for this
benefit program, an applicant must be an aquaculture operator or
fisherman and a U.S. citizen. They must also meet all of the following:
<bullet> Have good credit and earnings record, net worth, and
liquidity behind the project, and
<bullet> The project must be fully secured with their assets,
including personal guarantees (non-recourse credit is not available),
and
<bullet> Have at least a three-year history of owning or operating
the fisheries project that will be the subject of the proposed
application, or a three-year history owning or operating a comparable
project.
Application information is required to determine loan eligibility
pursuant to 50 CFR part 253 and to determine the type and amount of
financial assistance available to the applicant. Applicants are
required to submit NOAA FORM 88-1 and supporting financial documents.
An annual financial statement is required from the recipients to
monitor the financial status of the loan. While the core questions
remain unchanged, we are implementing several formatting improvements
and clarifying the required documentation. These revisions also
streamline the signature and guarantor consent forms by removing
outdated attestation language and specific credit report references to
ensure a more efficient application process.
II. Method of Collection
Electronic Applications.
III. Data
OMB Control Number: 0648-0012.
Form Number(s): 88-1.
Type of Review: Regular submission (extension of current
information collection).
Affected Public: Individuals or households; business or other for-
profit organizations.
Estimated Number of Respondents: 316.
Estimated Time per Response: Program Application, 10 hours; Annual
Financial statement, 2 hours; Guarantor Consent, 5 minutes.
Estimated Total Annual Burden Hours: 848 hours.
Estimated Total Annual Cost to Public: $0.
Respondent's Obligation: Required to Obtain or Retain Benefits.
Legal Authority: 50 CFR part 253.
IV. Request for Comments
We are soliciting public comments to permit the Department/Bureau
to: (a) Evaluate whether the proposed information collection is
necessary for the proper functions of the Department, including whether
the information will have practical utility; (b) Evaluate the accuracy
of our estimate of the time and cost burden for this proposed
collection, including the validity of the methodology and assumptions
used; (c) Evaluate ways to enhance the quality, utility, and clarity of
the information to be collected; and (d) Minimize the reporting burden
on those who are to respond, including the use of automated collection
techniques or other forms of information technology.
Comments that you submit in response to this notice are a matter of
public record. We will include or summarize each comment in our request
to OMB to approve this ICR. Before including your address, phone
number, email address, or other personal identifying information in
your comment, you should be aware that your entire comment--including
your personal identifying information--may be made publicly available
at any time. While you may ask us in your comment to withhold your
personal identifying information from public review, we cannot
guarantee that we will be able to do so.
Sheleen Dumas,
Departmental PRA Compliance Officer, Office of the Under Secretary for
Economic Affairs, Commerce Department.
[FR Doc. 2026-07620 Filed 4-17-26; 8:45 am]
BILLING CODE 3510-22-P
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