American Rescue Plan Act of
2021 Section 1005 Loan Payment (ARPA)
No
material or nonsubstantive change to a currently approved
collection
No
Emergency
05/21/2021
06/01/2021
Requested
Previously Approved
11/30/2021
11/30/2021
24,000
24,000
6,000
6,000
0
0
ARPA was signed into law by President
Joseph Biden to implement Section 1005 of ARPA in order to pay up
to 120 percent of eligible FSA direct and guaranteed Farm Loan
Programs and Farm Storage Facility Loan Program loan balances as of
January 1, 2021, to the FSA borrowers who belong to socially
disadvantaged groups as defined in section 2501(a) of the Food,
Agriculture Conservation, and Trade Act of 1990 (7 U.S.C. 2279(a)).
Section 1005 of ARPA applies only to the borrowers who identify as
American Indian, Alaskan Native, Asian, Black, African American,
Native Hawaiian, or Pacific Islander by race and/or Hispanic or
Latino by ethnicity as noted in the record. This program will be
implemented through a Notice of Funding Availability to be
published in the Federal Register.
The Farm Service Agency
(FSA) is requesting an emergency approval on a collection of
information necessary to implement section 1005 of ARPA because we
could not comply with the normal clearance under the Paperwork
Reduction Act to obtain OMB approval, and it is essential to the
mission of Farm Loan Program in FSA to provide the financial
assistance to the borrowers quickly as possible. On March 11, 2021,
ARPA was signed into law by President Joseph Biden to implement
Section 1005 of ARPA in order to pay up to 120 percent of eligible
FSA direct and guaranteed Farm Loan Programs and Farm Storage
Facility Loan Program loan balances as of January 1, 2021, to the
FSA borrowers who belong to socially disadvantaged groups as
defined in section 2501(a) of the Food, Agriculture Conservation,
and Trade Act of 1990 (7 U.S.C. 2279(a)). Section 1005 of ARPA
applies only to the borrowers who identify as American Indian,
Alaskan Native, Asian, Black, African American, Native Hawaiian, or
Pacific Islander by race and/or Hispanic or Latino by ethnicity as
noted in the record. This program will be implemented through a
Notice of Funding Availability to be published in the Federal
Register.
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.