7 CFR Part 1744, Subpart B, Lien Accommodations and Subordination Policy

ICR 202001-0572-006

OMB: 0572-0126

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2020-07-01
Supplementary Document
2020-07-01
Supplementary Document
2020-07-27
IC Document Collections
ICR Details
0572-0126 202001-0572-006
Received in OIRA 201704-0572-001
USDA/RUS
7 CFR Part 1744, Subpart B, Lien Accommodations and Subordination Policy
Extension without change of a currently approved collection   No
Regular 07/27/2020
  Requested Previously Approved
36 Months From Approved 01/31/2021
1 1
1 1
0 0

In order to facilitate the financing of projects that provide for new telecommunications services and other telecommunications services not ordinarily financed by the Rural Utilities Service (RUS), the agency is willing to consider accommodating the Government's lien on telecommunications borrowers' systems in an expedited manner based on the financial strength of the borrowers operations. The information collected for lien accommodation requests is used by RUS to ascertain a borrower's level of financial stability and, upon agency approval of the lien accommodation, ensures the government's loan security interest is protected.

US Code: 7 USC 901 et seq. Name of Law: Rural Electrification Act of 1936
  
None

Not associated with rulemaking

  85 FR 6499 02/05/2020
85 FR 44850 07/24/2020
No

1
IC Title Form No. Form Name
7 CFR Part 1744, Subpart B, Lien Accommodations and Subordination Policy

  Total Request 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 1 1 0 0 0 0
Annual Time Burden (Hours) 1 1 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$179
No
    No
    No
No
No
No
No
Arti Kshirsagar 202 720-8684 [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.
07/27/2020


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