Land Contract Guarantee Program and Emergency Equine Loss Loan (EM) Program - Direct Loan Making

Forms and Documents

Document Name	Status
FSA-85-1 Reporting and Recordkeeping Requirements 764.doc Supplementary Document	2010-09-30
Supporting Statement 2010 .docx Supporting Statement A	2010-09-30

IC Document Collections

IC ID	Document Title	Status
194634	Land Contract Guarantee program and Emergency Equine Loss Loan (EM) Program - Direct Loan Making Instruction	New

ICR Details

OMB Control No: 0560-0278	ICR Reference No: 201009-0560-004
Status: Historical Inactive	Previous ICR Reference No:
Agency/Subagency: USDA/FSA	Agency Tracking No:
Title: Land Contract Guarantee Program and Emergency Equine Loss Loan (EM) Program - 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: Preapproved	Conclusion Date: 01/10/2011
	Date Received in OIRA: 10/05/2010
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	01/31/2014	36 Months From Approved
Responses	1,522	0	0
Time Burden (Hours)	823	0	0
Cost Burden (Dollars)	0	0	0

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Abstract: Provide guarantees of loans made by private sellers of a farm on a Contract sales basis. Make loans to include equine farmers. The information is needed to implement the programs to effectively administer programs for loan making and servicing purposes.

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Authorizing Statute(s): PL: Pub.L. 110 - 246 321 Name of Law: 2008 Farm Bill
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
0560-AI03	Proposed rulemaking	75 FR 57866	09/23/2010

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Federal Register Notices & Comments

Did the Agency receive public comments on this ICR? No

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

IC Title	Form No.	Form Name
Land Contract Guarantee program and Emergency Equine Loss Loan (EM) Program - Direct Loan Making	FSA-2342, FSA-2014, FSA-2350, FSA-2302, FSA-2340, FSA-2006, FSA-2360, FSA-2028, FSA-2310, FSA-2313, FSA-2309, FSA-2376, FSA-2029M/2029D, FSA-2341, FSA-2370, FSA-2005, FSA-2026, FSA-2015, FSA-2003, FSA-2002, FSA-2001, FSA-2004, FSA-2371	Notification of Loan Approval and conditions ,   Selection of attorney/title agent ,   Certification of attorney/title agent ,   Loan Closing instructions ,   Report of Lien Search ,   Request for Waiver of borrower training requirements ,   Agreement to complete training ,   Cetificate of Title Agent ,   Request fro Loan Making Assistance ,   Three-Year Financial History ,   Three-year Production History ,   Authorization to release information ,   Creditor List ,   Borrower training course evaluation ,   Property Owned and Leased ,   Verifcation of Income ,   Verification of debts and assets ,   Promissory Note ,   Security Agreement ,   RE Mortgage/Deed of Trust ,   Description of farm training and experience ,   Certification of Disaster Losses ,   Lender's Verificaton of Loan Application

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ICR Summary of Burden

	Total Request	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	1,522	0	0	1,522	0	0
Annual Time Burden (Hours)	823	0	0	823	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: This is a new information collection.

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Annual Cost to Federal Government: $182,336

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

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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: 10/05/2010

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