Farm Loan Programs - Direct Loan Servicing - Regular

Forms and Documents

Document Name	Status
Form FSA-2040 Farm Loan Programs - Direct Loan Servicing - Regular Form	Modified
Justification_Change_Request_0560-0236 2013.docx Justification for No Material/Nonsubstantive Change	2013-04-25
FSA-85-_Reporting_and_Recordkeeping_Requirements_2013.docx Supplementary Document	2013-04-25
Supporting_Document--_2010[1] 0560-0236.docx Supporting Statement A	2010-11-22

IC Document Collections

IC ID	Document Title	Status
1566	Farm Loan Programs - Direct Loan Servicing - Regular Form	Modified

ICR Details

OMB Control No: 0560-0236	ICR Reference No: 201304-0560-006
Status: Historical Inactive	Previous ICR Reference No: 201104-0560-003
Agency/Subagency: USDA/FSA	Agency Tracking No:
Title: Farm Loan Programs - Direct Loan Servicing - Regular
Type of Information Collection: No material or nonsubstantive change to a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Improperly submitted and continue	Conclusion Date: 05/23/2013
	Date Received in OIRA: 05/02/2013
Terms of Clearance: In accordance with 5 CFR 1320, this ICR has been improperly submitted. The request was submitted as a nonsubstantive change but increases burden on the public. Please revise this package and resubmit to OMB when ready.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	02/28/2014	02/28/2014	02/28/2014
Responses	112,104	0	112,104
Time Burden (Hours)	63,495	0	63,495
Cost Burden (Dollars)	0	0	0

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Abstract: Information is used to determine borrower compliance with loan covenants, assist borrower in achieving their business goals, and regular servicing of loan account such as graduation, subordination, partial release, and use of proceeds.

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

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	75 FR 23218	05/03/2010
30-day Notice:	Federal Register Citation:	Citation Date:
	75 FR 224	11/22/2010
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
Farm Loan Programs - Direct Loan Servicing - Regular	FSA-2040, FSA-2060, FSA-2425, FSA-2450, FSA-2465, FSA-2489, FSA-2025, FSA-2476	Agreement for Disposition of Security/Release Subordination/Consent ,   Application for Partial Release Subordination/Consent ,   Cancellling Undisbursed loan funds ,   Temporary Amendment - consent to payment of proceeds from sale ,   Assignment Acceptance/release for wool and mohair/borrower ,   Transfer of real estate security/transferee ,   Assumption agreement ,   Notification of approval and borrower responsibilities

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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 burden hours from 0560-0276 information collection request (ICR) are being merged with this collection. The burden hours will increase by 50 and the responses by 115. The final rule for Farm Loan Programs Loan Making Activities (Streamlining) was published on December 2, 2011. Upon OMB approval, the 0560-0276 ICR will discontinue in ROCIS.

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Annual Cost to Federal Government: $38,610,388

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: 05/02/2013

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