Farm Loan Programs - Direct Loan Making

Forms and Documents

Forms and supporting documents for this ICR

Document	Type	Status	Availability
764 burden 5-25-07.doc	Supporting Statement A	Uploaded 2007-10-11	Available
all FSA 85-1 for 764.doc	Supplementary Document	Uploaded 2007-10-11	Repair queued
final rule comp-764 (version 2).xls	Supplementary Document	Uploaded 2007-08-17	Available

IC Document Collections

Information collection document groups

IC ID	Collection	Type	Status	Form
1567	Farm Loan Programs - Direct Loan Making	Instruction	Modified

ICR Details

OMB Control No: 0560-0237	ICR Reference No: 200711-0560-005
Status: Historical Active	Previous ICR Reference No: 200707-0560-005
Agency/Subagency: USDA/FSA	Agency Tracking No:
Title: Farm Loan Programs - Direct Loan Making
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: 11/16/2007
	Date Received in OIRA: 11/16/2007
Terms of Clearance:

table that charts list comparision

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	11/30/2010	36 Months From Approved
Responses	517,532	0	0
Time Burden (Hours)	272,753	0	0
Cost Burden (Dollars)	0	0	0

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Abstract: Information is used to determine applicant's eligibility for a direct loan; ensure cash flow projections are based on actual production history; ensure that loan is adequately secured; and obtain assignments on income or sales proceeds to ensure timely repayment of the loan.

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Authorizing Statute(s): US Code: 7 USC 1921 Name of Law: CONACT
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
0560-AF60	Final or interim final rulemaking	72 FR 216	11/08/2007

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	69 FR 6055	02/09/2004
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

table that charts list of burden

IC Title	Form No.	Form Name
Farm Loan Programs - Direct Loan Making	FSA-2320, FSA-2340, FSA-2026, FSA-2310, FSA-2318, FSA-2001, FSA-2014, FSA-2007, FSA-2044, FSA-2043, FSA-2015, FSA-2029-M/D, FSA-2301, FSA-2313, FSA-2350, FSA-2351, FSA-2360, FSA-2361, FSA-2342, FSA-2319, FSA-2028, FSA-2030, FSA-2344, FSA-2302, FSA-2352, FSA-2003, FSA-2027, FSA-2029-M/D, FSA-2371, FSA-2375, FSA-2376, FSA-2002, FSA-2004, FSA-2005, FSA-2006, FSA-2041, FSA-2042, FSA-2370, FSA-2309, FSA-2341	Three-year Production History ,   Authorization to release information ,   Creditor List ,   Property Owned and Leased ,   Statement Required by the Privacy Act ,   Verification of debts and assets ,   Verification of Income ,   Promissory Note ,   Supplemental payment agreement ,   Security Agreement ,   RE mortgage/deed of trust ,   RE Mortgage/deed of trust ,   Consent and subordination ,   Assignment of Proceeds- consent to payment ,   Assignment of proceeds & consent to payment ,   Assignment of dairy proceeds ,   Assignment of income ,   Request for youth loan ,   Three-Year Financial History ,   Request for loan making assistance. ,   Loan closing instructions ,   Certification fo improvement of property ,   Final title opinion ,   Report of lien search ,   Lender subordination agreement ,   Request for waiver fo borrower training requirements ,   Agreement to complete training ,   Agreement to conduct production financial training ,   Borrower training course evaluation ,   Description of farm training and experience ,   Certification of disaster losses ,   Lender's verification of loan application ,   Notification of loan approval and conditions ,   Agreement for disposition of jointly-owned property ,   Agreement with prior lienholder ,   Property insurance mortgage clause ,   Selection of attorney/title company ,   Certification of attorney/title company ,   Certification of attorney/title company ,   Preliminary title opinion

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ICR Summary of Burden

table that charts list 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	517,532	0	0	517,532	0	0
Annual Time Burden (Hours)	272,753	0	0	272,753	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: Changing Regulations

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The agency is publishing a final rule to consolidate several CFR subparts and to move FLP regulations from 7 CFR Chapter XVIII to 7 CFR Chapter VII. Therefore, the agency is requesting that a new OMB Control Number be assigned to this information collection, which includes collections applicable to FLP currently approved under control numbers 0575-0087, 0575-0088, 0575-0147, 0560-0154, 0560-0159, 0560-0162, 0560-0166, 0560-0167, and 0560-0178. Though the bulk of the burden associated with the new request is a transfer from other collections, this collection contains an increase of 19,167 hours as a result of new provision or incorporation of previously unapproved collections in this request and an increase of 27,457 hours as a result of adjustments to the burden estimates.

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Annual Cost to Federal Government: $5,990,602

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]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? Uncollected

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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: 10/16/2007

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