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:
0560-0236
ICR Reference No:
201309-0560-002
Status:
Historical Active
Previous ICR Reference No:
201305-0560-002
Agency/Subagency:
USDA/FSA
Agency Tracking No:
Title:
Farm Loan Programs - Direct Loan Servicing - Regular
Type of Information Collection:
Revision of a currently approved collection
Common Form ICR:
No
Type of Review Request:
Regular
OIRA Conclusion Action:
Approved with change
Conclusion Date:
05/16/2014
Retrieve Notice of Action (NOA)
Date Received in OIRA:
02/18/2014
Terms of Clearance:
Inventory as of this Action
Requested
Previously Approved
Expiration Date
05/31/2017
36 Months From Approved
05/31/2014
Responses
103,922
0
112,219
Time Burden (Hours)
76,573
0
63,545
Cost Burden (Dollars)
0
0
0
Abstract:
Information is used to determine borrower compliance with loan covenants, assist borrower in achieving their business goals, and regular servicing of loan account such as graduation, subordination, partial release, and use of proceeds.
Authorizing Statute(s):
US Code:
7 USC 1921
Name of Law: CONTACT
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:
78 FR 58516
09/24/2013
30-day Notice:
Federal Register Citation:
Citation Date:
79 FR 32
02/18/2014
Did the Agency receive public comments on this ICR?
No
Number of Information Collection (IC) in this ICR:
1
IC Title
Form No.
Form Name
Farm Loan Programs - Direct Loan Servicing - Regular
FSA-2400-6 CA, FSA-2040, FSA-2060, FSA-2425, FSA-2450, FSA-2465, FSA-2476, FSA-2489, FSA-2025
Agreement for Disposition of Security/Release Subordination/Consent
,
Application for Partial Release Subordination/Consent
,
Cancellling Undisbursed loan funds
,
Temporary Amendment - consent to payment of proceeds from sale
,
Assignment Acceptance/release for wool and mohair/borrower
,
Transfer of real estate security/transferee
,
Assumption agreement
,
Notification of approval and borrower responsibilities
,
Assisgnment of Deed or Trust for California
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
103,922
112,219
0
0
-8,297
0
Annual Time Burden (Hours)
76,573
63,545
0
0
13,028
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:
Based on improved reporting capabilities indicating fewer borrowers and businesses utilizing the servicing sections that required those collections, there is a decrease of 911 respondents with an adjustment decrease of -8,297 responses and -3,850 burden hours. However, as a result of the information collection analysis, there is an adjustment increase of 16,878 hours for travel time. This increase offset the adjustment decrease for a net adjustment increase of 13,028 burden hours.
Annual Cost to Federal Government:
$38,322,240
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:
Mary Ann Ball 202-720-4283 MaryAnn.Ball@usda.gov
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:
02/18/2014
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