View Information Collection Request (ICR) Package
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View Information Collection (IC) List
View Supporting Statement and Other Documents
Please note that the OMB number and expiration date may not have been determined when this Information Collection Request and associated Information Collection forms were submitted to OMB. The approved OMB number and expiration date may be found by clicking on the Notice of Action link below.
View ICR - OIRA Conclusion
OMB Control No:
1076-0020
ICR Reference No:
201001-1076-001
Status:
Historical Active
Previous ICR Reference No:
200611-1076-003
Agency/Subagency:
DOI/BIA
Agency Tracking No:
Title:
Loan Guarantee, Insurance, and Interest Subsidy Program, 25 CFR 103
Type of Information Collection:
Revision of a currently approved collection
Common Form ICR:
No
Type of Review Request:
Regular
OIRA Conclusion Action:
Approved without change
Conclusion Date:
10/09/2012
Retrieve Notice of Action (NOA)
Date Received in OIRA:
04/29/2010
Terms of Clearance:
Inventory as of this Action
Requested
Previously Approved
Expiration Date
10/31/2015
36 Months From Approved
10/31/2012
Responses
1,357
0
1,527
Time Burden (Hours)
2,644
0
3,054
Cost Burden (Dollars)
0
0
0
Abstract:
The Department of the Interior can guarantee or insure up to 90% of loans that private lenders extend to Indian tribes or individuals for economic enterprises on reservations. The information collected allows the Department to determine eligibility for the program, ensure reasonable prospects for repayment, and stay abreast of developments in the enterprises financed with guaranteed or insured loans.
Authorizing Statute(s):
US Code:
25 USC 1451 et seq
Name of Law: Indian Financing Act, amended
Citations for New Statutory Requirements:
None
Associated Rulemaking Information
RIN:
Stage of Rulemaking:
Federal Register Citation:
Date:
Not associated with rulemaking
Federal Register Notices & Comments
60-day Notice:
Federal Register Citation:
Citation Date:
75 FR 4838
01/29/2010
30-day Notice:
Federal Register Citation:
Citation Date:
75 FR 22613
04/29/2010
Did the Agency receive public comments on this ICR?
No
Number of Information Collection (IC) in this ICR:
12
IC Title
Form No.
Form Name
Assignment of rights
ALD10
Assignment of Loan Documents and Related Rights
Claim for loss
CFL10
Claim for Loss
Closing procedures
Default notices
NOD10
Notice of Default
Interest subsidy reports
ISR10
Interest Subsidy Report
Loan application
Loan modification
Loan records
Loan reporting
Notice of individual loan guarantee or insurance
NIL 10
Notice of Insured Loan
Program agreement
LIA10, LGA10
Loan Guarantee Agreement
,
Loan Insurance Agreement
Program application
RGI10
Request for Loan Guarantee or Insurance
ICR Summary of Burden
Total Approved
Previously Approved
Change Due to New Statute
Change Due to Agency Discretion
Change Due to Adjustment in Estimate
Change Due to Potential Violation of the PRA
Annual Number of Responses
1,357
1,527
0
0
-170
0
Annual Time Burden (Hours)
2,644
3,054
0
0
-410
0
Annual Cost Burden (Dollars)
0
0
0
0
0
0
Burden increases because of Program Change due to Agency Discretion:
No
Burden Increase Due to:
Burden decreases because of Program Change due to Agency Discretion:
No
Burden Reduction Due to:
Short Statement:
The Department has made a few adjustments to its burden estimates. The first adjustment was to correct a typo that had occurred in ROCIS, which indicated that each respondent submitted 11 responses, instead of 1 response, for the program agreement. The Department also separated out the information collection associated with notice of individual loans from the program agreement for clarity, as lenders first enter into the program, and then later, separately enter into individual loans that the Department may guarantee or insure under the program. The Department also separated out the information collection associated with assigning loan documents, which had been combined with the claim for loss information collection. As a result, the Department has decreased its estimate of agency responses by 170 and decreased its estimated hour burden by 410.
Annual Cost to Federal Government:
$29,773
Does this IC contain surveys, censuses, or employ statistical methods?
No
Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002?
No
Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]?
No
Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]?
No
Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)?
No
Is this ICR related to the Pandemic Response?
Uncollected
Agency Contact:
Elizabeth Appel 202 273-4680
Common Form ICR:
No
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(a) It is necessary for the proper performance of agency functions;
(b) It avoids unnecessary duplication;
(c) It reduces burden on small entities;
(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;
(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;
(f) It indicates the retention periods for recordkeeping requirements;
(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.
(i) It uses effective and efficient statistical survey methodology (if applicable); and
(j) It makes appropriate use of information technology.
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
Certification Date:
04/29/2010
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