Farm Loan Programs - Inventory Property Management

ICR 201911-0560-003

OMB: 0560-0234

Federal Form Document

Forms and Documents
Document
Name
Status
Form
Modified
Supporting Statement A
2020-04-13
Supplementary Document
2020-04-10
IC Document Collections
IC ID
Document
Title
Status
1564 Modified
ICR Details
0560-0234 201911-0560-003
Active 201609-0560-001
USDA/FSA
Farm Loan Programs - Inventory Property Management
Revision of a currently approved collection   No
Regular
Approved without change 06/10/2020
Retrieve Notice of Action (NOA) 04/27/2020
  Inventory as of this Action Requested Previously Approved
06/30/2023 36 Months From Approved 06/30/2020
239 0 363
136 0 616
0 0 0

The collected information is necessary to evaluate an applicant's request to purchase inventory property and is used by the agency to determine an applicant's eligibility to lease or purchase inventory property and to ensure payment of the lease or purchase amount.

US Code: 7 USC 1921 Name of Law: CONACT
  
None

Not associated with rulemaking

  85 FR 9722 02/20/2020
85 FR 22995 04/24/2020
No

1
IC Title Form No. Form Name
Farm Loan Programs - Inventory Property Management FSA-2592, FSA-2593 Invitation, Bid, and Acceptance Sale of Real Property by the U.S. ,   Standard Sale Contract of RE by US

  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 239 363 0 -124 0 0
Annual Time Burden (Hours) 136 616 0 -361 -119 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
Yes
Miscellaneous Actions
The number of responses decreased by 124 and burden hours decrease by 480 hours in this request. The number of respondents decreased by 112. While the overall number of inventory properties on hand increased 13.5 percent from the last collection, the decrease in responses and burden hours is due to reduction in the estimated number of inventory properties sold. The number projected to be sold has been revised downward to match reported sales percentages over the last several years. Also, the travel times removed from this request since it was no longer required.

$165,688
No
    No
    Yes
No
No
No
No
Mary Ann Ball 202-720-4283 [email protected]

  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.
04/27/2020


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