View Information Collection Request (ICR) Package
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Brief and OIRA conclusion
Abstract/Justification
Legal Statutes
Rulemaking
FR Notices/Comments
IC List
Burden
Misc.
Common Form Info.
Certification
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:
0570-0069
ICR Reference No:
201605-0570-005
Status:
Historical Active
Previous ICR Reference No:
201408-0570-001
Agency/Subagency:
USDA/RBS
Agency Tracking No:
Title:
Guaranteed Loanmaking and Servicing Regulations
Type of Information Collection:
New collection (Request for a new OMB Control Number)
Common Form ICR:
No
Type of Review Request:
Regular
OIRA Conclusion Action:
Approved without change
Conclusion Date:
07/21/2016
Retrieve Notice of Action (NOA)
Date Received in OIRA:
06/09/2016
Terms of Clearance:
In accordance with 5 CFR 1320, the information collection is approved for three years.
Inventory as of this Action
Requested
Previously Approved
Expiration Date
07/31/2019
36 Months From Approved
Responses
27,076
0
0
Time Burden (Hours)
38,909
0
0
Cost Burden (Dollars)
0
0
0
Abstract:
The Business and Industry (B&I) program was legislated in 1972 under Section 310B of the Consolidated Farm and Rural Development Act, as amended. The purpose of the program is to improve, develop, or finance businesses, industries, and employment and improve the economic and environmental climate in rural communities. This purpose is achieved through bolstering the existing private credit structure through the guaranteeing of quality loans made by lending institutions, thereby providing lasting community benefits. The B&I program is administered by the Agency through Rural Development State and sub-State Offices serving each State.
Authorizing Statute(s):
PL:
Pub.L. 92 - 419 310B
Name of Law: Consolidated Farm and Rural Development Act of 1972
Citations for New Statutory Requirements:
None
Associated Rulemaking Information
RIN:
Stage of Rulemaking:
Federal Register Citation:
Date:
0570-AA85
Final or interim final rulemaking
81 FR 35984
06/03/2016
Federal Register Notices & Comments
Did the Agency receive public comments on this ICR?
No
Number of Information Collection (IC) in this ICR:
2
IC Title
Form No.
Form Name
Guaranteed Loanmaking and Servicing Regulations- Private Sector
4279-1, 4279-14, 1980-43, 1980-44, 4279-2, 4279-3, 4279-4, 4279-6, 1980-41, 449-30, 1940-20, 1980-19
Application for Loan Guarantee
,
Certification of Non-Relocation and Market Capacity Information Report
,
Conditional Commitment
,
Lender's Agreement
,
Assignment Guarantee Agreement
,
Unconditional Guarantee
,
Guaranteed Loan Status Report
,
Lender’s Guaranteed Loan Payment to USDA
,
Guaranteed Loan Borrower Default Status
,
Loan Note Guaranteed Report of Loss
,
Request for Environmental Information
,
Guaranteed Loan Closing Report
Guaranteed Loanmaking and Servicing Regulations- State, Local, and Tribal Governments
4279-1, 1980-19, 1980-43, 1980-44, 449-30, 4279-2, 4279-3, 4279-4, 4279-6, 4279-14, 1980-41, 1940-20
Application for Loan Guarantee
,
Certification of Non-Relocation and Market and Capacity Information Report
,
Conditional Commitment
,
Lender's Agreement
,
Assignment Guarantee Agreement
,
Unconditional Guarantee
,
Guaranteed Loan Status Report
,
Lender's Guaranteed Loan Payment to USDA
,
Guaranteed Loan Borrower Default Status
,
Loan Note Guaranteed Report of Loss
,
Request for Environmental Information
,
Guaranteed Loan Closing Report
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
27,076
0
0
27,076
0
0
Annual Time Burden (Hours)
38,909
0
0
38,909
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 burden hours for the final rule as represented by this package represents 38,909 hours and 27,076 responses. Between the proposed rule submission and this final rule there is an adjustment increase of 5,146 hours in burden on the public from 33,763 to38,909. The number of responses also increased from 24,976 to 27,076.
Annual Cost to Federal Government:
$1,146,663
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:
Brenda Griffin 202 720-6802 brenda.griffin@wdc.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:
06/09/2016
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