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:
201509-1076-003
Status:
Historical Active
Previous ICR Reference No:
201001-1076-001
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:
01/04/2016
Retrieve Notice of Action (NOA)
Date Received in OIRA:
10/29/2015
Terms of Clearance:
Inventory as of this Action
Requested
Previously Approved
Expiration Date
01/31/2019
36 Months From Approved
12/31/2015
Responses
1,377
0
1,357
Time Burden (Hours)
2,654
0
2,644
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:
80 FR 41054
07/14/2015
30-day Notice:
Federal Register Citation:
Citation Date:
80 FR 66550
10/29/2015
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
LGC10, NIL10
Notice of Insured Loan
,
Other: Certificate of Loan Guarantee Issued by Dept
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
1,377
1,357
0
20
0
0
Annual Time Burden (Hours)
2,654
2,644
0
10
0
0
Annual Cost Burden (Dollars)
0
0
0
0
0
0
Burden increases because of Program Change due to Agency Discretion:
Yes
Burden Increase Due to:
Miscellaneous Actions
Burden decreases because of Program Change due to Agency Discretion:
No
Burden Reduction Due to:
Short Statement:
The information collection for Default Notices, 25 CFR 103.35(a), has been added to this information collection. The information has been, and will continue to be, collected as it is a regulatory requirement, but was not previously included as part of previous submissions of this information collection. As a result, the hourly burden of this collection has been adjusted accordingly.
Annual Cost to Federal Government:
$30,365
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:
Ashley Fry 202 208-5808 ashley.fry@bia.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:
10/29/2015
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