RUS Electric Loan Application and Related Reporting Burdens
Revision of a currently approved collection
No
Regular
Approved without change
04/02/2018
01/26/2018
In accordance with 5 CFR 1320, the information collection is approved for three years.
table that charts list comparision
Inventory as of this Action
Requested
Previously Approved
04/30/2021
36 Months From Approved
03/31/2018
2,950
0
4,380
52,130
0
68,049
0
0
0
These forms and documents serve as support for electric loan applications and summarizes the types and estimated costs of facilities and equipment for which RUS financing is being requested.
US Code:
7 USC 6941
Name of Law: Fed Crop Ins. Reform/Dept of Ag Reorg. Act of 1994
US Code:
7 USC 901
Name of Law: Rural Electrification Act of 1936
PL: Pub.L. 110 - 246 6001 Name of Law: Food, Conservation and Energy Act of 2008
(Former Form 7), RUS Form 726, RUS 266, RUS 740g, RUS 740c, RUS 325, (Former Form 12)
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table that charts list of burden
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
2,950
4,380
0
-1,430
0
0
Annual Time Burden (Hours)
52,130
68,049
0
-15,919
0
0
Annual Cost Burden (Dollars)
0
0
0
0
0
0
No
Yes
Miscellaneous Actions
There are three primary contributing factors to the reduction in burden hours. The first factor is that there is a decrease in the number of respondents, The second factor is that there is a decrease in the number of loans, and the third factor is the positive effect of ongoing streamlining initiatives.
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.