Fisheries Finance Program Requirements

ICR 201201-0648-005

OMB: 0648-0012

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Supporting Statement A
2012-01-09
IC Document Collections
ICR Details
0648-0012 201201-0648-005
Historical Active 200807-0648-002
DOC/NOAA
Fisheries Finance Program Requirements
Revision of a currently approved collection   No
Regular
Approved without change 06/27/2012
Retrieve Notice of Action (NOA) 01/24/2012
  Inventory as of this Action Requested Previously Approved
06/30/2015 36 Months From Approved 06/30/2012
474 0 1,735
1,332 0 13,880
2,422 0 8,050

NOAA operates a direct loan program to assist in financing certain actions relating to commercial fishing vessels, shoreside fishery facilities, aquaculture operations, and individual fishing quotas. Application information is required to determine eligibility pursuant to 50 CFR Part 253 and to determine the type and amount of assistance requested by the applicant. An annual financial statement is required from the recipients to monitor the financial status of the loan.

US Code: 46 USC 53701 Name of Law: Shipping Act
  
None

Not associated with rulemaking

  76 FR 44306 07/25/2011
77 FR 3439 01/24/2012
No

2
IC Title Form No. Form Name
Annual Financial Statement for Current Borrowers
Fisheries Finance Program Application NOAA 88-1 Fisheries Finance Program Loan Application Form

  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 474 1,735 0 5 -1,266 0
Annual Time Burden (Hours) 1,332 13,880 0 40 -12,588 0
Annual Cost Burden (Dollars) 2,422 8,050 0 6 -5,634 0
Yes
Miscellaneous Actions
No
Program Change: Crab IFQ loans are now included in this program. At least 5 of the IFQ requests in Question 12 were for crab, adding 5 responses, 40 burden hours and $6. However, overall, IFQ loan applications are down. Adjustments: The estimated number of annual responses has decreased: there is an estimated decrease of 90 in annual reports required, and a net decrease of 171 in new applications (note, in the 2008 extension request, 1,500 annual reports were estimated, but the current sponsor believes that was the 3-year total, which should have been annualized to 500; therefore, our decrease in reports in based on the corrected figure. In addition, the response time for annual reports has been adjusted to more accurately reflect the time needed. Overall, postage is less due to fewer responses; however, the average postage cost per mailing has increased from $4.64 to $5.11.

$0
No
No
No
No
No
Uncollected
Brian Summers 3017132390

  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.
01/24/2012


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