The Small
Business Administration should improve their monitoring of expiring
information collections to avoid unnecessary reinstatement request
and violation of the PRA. This collection should be reported as a
violation in OMB's annual Information Collection Budget (ICB).
Inventory as of this Action
Requested
Previously Approved
08/31/2013
36 Months From Approved
750
0
0
180
0
0
0
0
0
Under Small Business Administration
(SBA) Dealer Floor Plan Pilot initiative SBA can now guarantee
floor plan lines of credit made by participating lenders. The
information collected from these lenders helps SBA to determine
whether and to what extent the lines are revolving, as well as to
develop more efficient and effective subsidy model for revolving
loans.
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.