[Federal Register Volume 75, Number 240 (Wednesday, December 15, 2010)]
[Notices]
[Pages 78209-78210]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-31493]


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DEPARTMENT OF AGRICULTURE

Rural Business-Cooperative Service


Notice of Request for Revision of a Currently Approved 
Information Collection

AGENCY: Rural Business-Cooperative Service, USDA.

ACTION: Proposed collection; comments requested.

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SUMMARY: In accordance with the Paperwork Reduction Act of 1995, this 
notice announces the Rural Business-Cooperative Service's intention to 
request an extension for a currently approved information collection in 
support of the Rural Business Investment Program.

DATES: Comments on this notice must be received by February 14, 2011 to 
be assured of consideration.

FOR FURTHER INFORMATION CONTACT: Michael Foore, Program Policy Advisor, 
Rural Development, Business and Cooperative Programs, U.S. Department 
of Agriculture, STOP 3201, 1400 Independence Ave., SW., Washington, DC 
20250-3201, Telephone (202) 205-0056.

SUPPLEMENTARY INFORMATION:
    Title: Rural Business Investment Program.
    OMB Number: 0570-0051.
    Expiration Date of Approval: March 31, 2011.
    Type of Request: Revision of a currently approved information 
collection.
    Abstract: The Rural Business Investment Program (``RBIP'') is a 
Developmental Venture Capital program for the purpose of promoting 
economic development and the creation of wealth and job opportunities 
in Rural Areas and among individuals living in such areas through the 
licensing of Rural Business Investment Companies (``RBICs'').
    The information USDA seeks to collect is critical to the integrity 
of the process for selecting RBICs for participation in the RBIP and to 
the accomplishment of the objectives of the RBIP. Without this 
collection of information, USDA would be unable to meet the 
requirements of the Act and effectively administer the RBIP, ensuring 
safety and soundness.
    Estimate of Burden: Public reporting burden for this collection of 
information is estimated to average 1 hour per response.
    Respondents: Newly established, for-profit entities applying for 
RBIC licensure) and licensed RBICs (venture capital companies approved 
by USDA to participate in the RBIP).
    Estimated Number of Respondents: 1.
    Estimated Number of Responses per Respondent: 148.
    Estimated Number of Responses: 148.
    Estimated Total Annual Burden on Respondents: 167.
    Copies of this information collection can be obtained from Cheryl 
Thompson, Regulations and Paperwork Management Branch, Support Services 
Division at (202) 692-0043.
    Comments: Comments are invited on: (a) Whether the proposed 
collection of information is necessary for the proper performance of 
the functions of USDA, including whether the information will have 
practical utility; (b) the accuracy of USDA's estimate of the burden of 
the proposed collection of information including the validity of the 
methodology and assumptions used; (c) ways to enhance the quality, 
utility and

[[Page 78210]]

clarity of the information to be collected; and (d) ways to minimize 
the burden of the collection of information on those who are to 
respond, including through the use of appropriate automated, 
electronic, mechanical, or other technological collection techniques or 
other forms of information technology. Comments may be sent to Cheryl 
Thompson, Regulations and Paperwork Management Branch, Support Services 
Division, U.S. Department of Agriculture, Rural Development, STOP 0742, 
1400 Independence Ave., SW., Washington, DC 20250-0742. All responses 
to this notice will be summarized and included in the request for OMB 
approval. All comments will also become a matter of public record.

    Dated: December 6, 2010.
Judith A. Canales,
Administrator, Rural Business-Cooperative Service.
[FR Doc. 2010-31493 Filed 12-14-10; 8:45 am]
BILLING CODE 3410-XY-P