7 CFR 4287-B, "Servicing Business and Industry Guaranteed Loans"

Forms and Documents

Document Name	Status
Form RD 1980-44 State, Local and Tribal Government Form	Modified
Form RD 1980-44 Business Form	Modified
0570-0016_BurdenStatement_5-23_16 (2).doc Supporting Statement A	2016-05-23
Burden Package_Grid_FY16_Revised 5-19-16.xls Supplementary Document	2016-05-19

IC Document Collections

IC ID	Document Title	Status
189610	State, Local and Tribal Government Form	Modified
1670	Business Form	Modified

ICR Details

OMB Control No: 0570-0016	ICR Reference No: 201605-0570-001
Status: Historical Inactive	Previous ICR Reference No: 201206-0570-001
Agency/Subagency: USDA/RBS	Agency Tracking No:
Title: 7 CFR 4287-B, "Servicing Business and Industry Guaranteed Loans"
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Withdrawn and continue	Conclusion Date: 08/02/2016
	Date Received in OIRA: 06/06/2016
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	08/31/2016	36 Months From Approved	08/31/2016
Responses	23,703	0	23,703
Time Burden (Hours)	20,452	0	20,452
Cost Burden (Dollars)	0	0	0

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Abstract: The purpose of this collection is to improve the economic and environmental climate in rural communities, including pollution abatement and control. Regulation promulgates the policies and procedures for servicing business and industry loans guaranteed by the Agency.

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Authorizing Statute(s): US Code: 7 USC 1932 Name of Law: Consolidated Farm and Rural Development Act
  

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:
	81 FR 12067	03/08/2016
30-day Notice:	Federal Register Citation:	Citation Date:
	81 FR 35296	06/02/2016
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 2

IC Title	Form No.	Form Name
Business	RD 1980-43, RD 449-30, RD 1980-44, 1980-41	Guaranteed Loan Borrower Default Status ,   Guaranteed Loan Status Report ,   Lender's Guaranteed Loan Payments to USDA ,   Guaranteed Loan Report of Loss
State, Local and Tribal Government	RD 1980-44, RD 1980-41, RD 1980-43, RD 449-30	Guaranteed Loan Borrower Default Status ,   Guaranteed Loan Status Report ,   Lender's Guaranteed Loan Payment to USDA ,   Guaranteed Loan Report of Loss

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

Burden Increase Due to:

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

Burden Reduction Due to:

Short Statement: There have been no changes to the program regulations since the last report in 2012. The overall burden on the public based on adjustment has been increased by 3,677 responses and 5,545 hours, which can be attributed to the increase in the number of loans in the portfolio.

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Annual Cost to Federal Government: $923,314

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: 06/06/2016

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