Information Collection Request

Farm Loan Programs - Inventory Property Management

ICR 202603-0560-004 · OMB 0560-0234 · Received in OIRA

IC Document Collections
IC IDCollectionTypeStatusForm
280420 Farm Loan Programs - Inventory Property Management Individuals Form NewStandard Sale Contract of RE by US
280420 Farm Loan Programs - Inventory Property Management Individuals Form NewInvitation, Bid, and Acceptance Sale of Real Property by the U.S.
280420 Farm Loan Programs - Inventory Property Management Individuals Instruction New
1564 Farm Loan Programs - Inventory Property Management Business Form ModifiedStandard Sale Contract of RE by US
1564 Farm Loan Programs - Inventory Property Management Business Form ModifiedInvitation, Bid, and Acceptance Sale of Real Property by the U.S.
1564 Farm Loan Programs - Inventory Property Management Business Instruction Modified
ICR Details
0560-0234 202603-0560-004
Received in OIRA 202302-0560-001
USDA/FSA
Farm Loan Programs - Inventory Property Management
Revision of a currently approved collection   No
Regular 06/30/2026
  Requested Previously Approved
36 Months From Approved 07/31/2026
202 160
113 90
0 0

The collected information is necessary to evaluate an applicant's request to purchase inventory property and is used Farm Loan Program 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

  91 FR 18813 04/13/2026
91 FR 37944 06/24/2026
No

  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 202 160 0 0 42 0
Annual Time Burden (Hours) 113 90 0 0 23 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
The current burden inventory is 160 estimated annual respondents and 90 estimated annual burden hours. With this revision the agency is seeking 202 estimated annual respondents and 113 estimated annual burden hours. This reflects an increase of number of estimated respondents by 42 and an increase in the number of estimated annual burden hours 23 hours since the last OMB submission. These changes are due to agency adjustments. Although the total number of inventory properties on hand decreased by 20.45 percent from the last collection, the increase in responses and burden hours is due to a higher estimated number of inventory properties expected to be sold annually. This estimate has been revised upward because sales of inventory properties have resumed and due to the anticipated rate at which new properties are acquired by FSA. The current total number of inventory properties is 132. After excluding the 75 inventory properties located in Puerto Rico, 30 inventory properties remain. When considering the 30 properties and 20 projected sales in Puerto Rico, the total projected number of properties involved is 50. The estimated number of respondents was based on this sales projection.

$1,930
No
    No
    Yes
No
No
No
No
Talina Gossen 208 327-2228 [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.
06/30/2026