7 CFR 1956-B, DEBT SETTLEMENT - FARMER PROGRAMS AND HOUSING

ICR 199011-0575-001

OMB: 0575-0118

Federal Form Document

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Document
Name
Status
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
ICR Details
0575-0118 199011-0575-001
Historical Active 199007-0575-003
USDA/RHS
7 CFR 1956-B, DEBT SETTLEMENT - FARMER PROGRAMS AND HOUSING
Reinstatement with change of a previously approved collection   No
Regular
Approved without change 12/10/1990
Retrieve Notice of Action (NOA) 11/13/1990
In accordance with the Paperwork Reduction Act and 5 CFR 1320, this information collection request is approved for use through 12/93. When resubmitting this collection, FmHA should submit an evaluation of the practical utility of this revised collection which addresses the OIG Audit (04099-269-AT) findings indicating that the FmHA procedures do not provide sufficient guidance to ensure effective and consistent processing of debt settlements. Specific issues the FmHA should evaluate include: (1) whether the changes made to this collection (in particular FmHA Form 1956-2) have increased the effectiveness and consistency of its debt settlement decisions, (2) how the information is specifically evaluated and used at the County, State, and National level, and (3) whether the cost of collecting the information exceeds the benefit of a specific settlement activity (e.g., a Compromise, Adjustment, Charge-off, or Cancellation action).
  Inventory as of this Action Requested Previously Approved
12/31/1993 12/31/1993
29,900 0 0
14,825 0 0
0 0 0

REGULATION IS BEING AMENDED TO INCLUDE DEBT SETTLEMENT OF ALL HOUSING LOANS AND TO LIMIT ADJUSTMENT OFFERS TO 5 YEARS EXCEPT FOR RURAL HOUSI LOANS. THIS ACTION IS INTENDED TO REDUCE THE VOLUME OF SETTLEMENTS SUBMITTED TO FMHA AND TO FURTHER IMPLEMENT THE INTENT OF THE FOOD SECURITY ACT OF 1985 AND THE AGRICULTURAL CREDIT ACT OF 1987.

None
None


No

1
IC Title Form No. Form Name
7 CFR 1956-B, DEBT SETTLEMENT - FARMER PROGRAMS AND HOUSING FMHA 1956-1

  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 29,900 0 0 29,900 0 0
Annual Time Burden (Hours) 14,825 0 0 14,825 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
No

$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected

  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:
 
 
 
 
 
 
 
    (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;
 
 
 
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.
11/13/1990


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