Guaranteed Farm Loan Programs

Forms and Documents

Document Name	Status
Supporting Statement 2023 (0560-0155).docx Supporting Statement A	2023-09-05
Reporting and Recordkeeping Requirements - final - 2023 1.xlsx Supplementary Document	2023-08-25

IC Document Collections

IC ID	Document Title	Status
36839	Guaranteed Farm Loan Programs Instruction	Modified

ICR Details

OMB Control No: 0560-0155	ICR Reference No: 202302-0560-003
Status: Received in OIRA	Previous ICR Reference No: 202202-0560-001
Agency/Subagency: USDA/FSA	Agency Tracking No:
Title: Guaranteed Farm Loan Programs
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular	Date Submitted to OIRA: 09/05/2023

	Requested	Previously Approved
Expiration Date	36 Months From Approved	09/30/2023
Responses	174,674	193,648
Time Burden (Hours)	154,631	165,724
Cost Burden (Dollars)	0	0

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Abstract: The information is needed to effectively administer the Farm Service Agency (FSA) guaranteed farm loan, EZ Guarantee Program, Micro Lender program (MLP) and land contract guaranteed loan programs.

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Authorizing Statute(s): PL: Pub.L. 109 - 171 116 Name of Law: CONTACT
  

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:
	88 FR 33080	05/24/2023
30-day Notice:	Federal Register Citation:	Citation Date:
	88 FR 60430	09/01/2023
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Guaranteed Farm Loan Programs	FSA-2221, FSA-2251, FSA-2222, FSA-2680, FSA-2681, FSA-2683, FSA-2682, FSA-2254A, FSA-2253, FSA-2261, FSA-2241, FSA-2242, FSA-2211 , FSA 2254, FSA-2232, FSA-2205, FSA-2236, FSA-2684, FSA-2248, FSA-2252, FSA-2201	Lender's Agreement ,   Application for Guarantees ,   Interest Assistance Payment ,   Request for Interest Assistance ,   Guaranteed Loan Closing Report ,   Guaranteed Loan Status Report ,   Assignment of Guarantee ,   Guaranteed Farm Loan Default Status ,   Lenders Guaranteed Loan Payment to USDA ,   Farm Loan Programs Guaranteed Writedown Worksheet ,   Shared Appreciation Agreement for Guaranteed Loans ,   Report on Collection Activities on Liquidated Accounts ,   Guaranteed Loan Report of Loss ,   Guaranteed Loan Report of Loss - Report Types 1, 2, 5, 6 and 7 ,   Notice of Interest in Land Contrack Guarantee ,   Land And Contract Agreement for Prompt Payment Guarantee ,   LAND CONTRACT AGREEMENT FOR STANDARD GUARANTEE ,   REQUEST FOR LAND CONTRACT GUARANTEE ASSISTANCE ,   CONDITIONAL COMMITMENT ,   GUARANTEED MICRO LENDER APPLICATION ,   LAND CONTRACT RECAPTURE AGREEMENT

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ICR Summary of Burden

	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	174,674	193,648	0	0	-18,974	0
Annual Time Burden (Hours)	154,631	165,724	0	0	-11,093	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

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: The annual responses have been reduced by 18,974 while the burden hours reduced by 11,093 hours in the request. The reason for the decrease is due to a drop in Guaranteed loans originated between the years FY 2020 and FY 2022. Between FY 2019 and FY 2022, the number of Guaranteed loans fell by 19 percent from 7,611 to 6,137. In addition, the number of loss claims and status reports received is much lower than FY 2020.

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Annual Cost to Federal Government: $10,425,660

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     Yes

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? No

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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: 09/05/2023

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