This section of the FEDERAL REGISTER

contains documents other than rules or

proposed rules that are applicable to the

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Notices Federal Register

60430 

Vol. 88, No. 169 

Friday, September 1, 2023 

DEPARTMENT OF AGRICULTURE 

Submission for OMB Review; 

Comment Request 

The Department of Agriculture has 

submitted the following information 

collection requirement(s) to OMB for 

review and clearance under the 

Paperwork Reduction Act of 1995, 

Public Law 104–13. Comments are 

required regarding; whether the 

collection of information is necessary 

for the proper performance of the 

functions of the agency, including 

whether the information will have 

practical utility; the accuracy of the 

agency’s estimate of burden including 

the validity of the methodology and 

assumptions used; ways to enhance the 

quality, utility and clarity of the 

information to be collected; and 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 regarding this information 

collection received by October 2, 2023 

will be considered. Written comments 

and recommendations for the proposed 

information collection should be 

submitted within 30 days of the 

publication of this notice on the 

following website www.reginfo.gov/ 

public/do/PRAMain. Find this 

particular information collection by 

selecting ‘‘Currently under 30-day 

Review—Open for Public Comments’’ or 

by using the search function. 

An agency may not conduct or 

sponsor a collection of information 

unless the collection of information 

displays a currently valid OMB control 

number and the agency informs 

potential persons who are to respond to 

the collection of information that such 

persons are not required to respond to 

the collection of information unless it 

displays a currently valid OMB control 

number. 

Farm Service Agency 

Title: Farm Loan Program (FLP)— 

Guaranteed Farm Loans. 

OMB Control Number: 0560–0155. 

Summary of Collection: FLP 

administers to make and service loans 

guaranteed to the eligible farmers and 

ranchers to comply with the regulations 

of 7 CFR part 762, Guaranteed Farm 

Loans and 7 CFR part 763, Land 

Contract Guaranteed Loans. The loans 

made and serviced include farm 

operating and farm ownership loans. 

FSA also provides guarantees of loans 

made by private sellers of a farm or 

ranch on a land contract sales basis; 

although this program is rarely used. 

The reporting requirements imposed on 

the public by the regulations at 7 CFR 

part 762 and 7 CFR part 763 are 

necessary to administer the Farm Loan 

Program guaranteed loan program. 

Need and Use of the Information: FSA 

uses the forms and written evidence to 

collect needed information. The basis 

objective of the guaranteed loan 

program is to provide credit to 

applicants who are unable to obtain 

credit from lending institutions without 

a guarantee. The information collected 

is used to determine lender and loan 

applicant eligibility for farm loan 

guarantees, and to ensure the lender 

protects the Government’s financial 

interest. The information FSA collects is 

needed to effectively administer the 

FSA guaranteed farm loan programs. 

The information is collected by the FSA 

loan official in consultation with 

participating lenders. 

Description of Respondents: Farms; 

Business or other for-profit. 

Number of Respondents: 9,063. 

Frequency of Responses: Reporting: 

Other (when applying for loans). 

Total Burden Hours: 154,631. 

Farm Service Agency 

Title: Farm Loan Program, General 

Program Administration. 

OMB Control Number: 0560–0238. 

Summary of Collection: Farm Loan 

Program (FLP) in the Farm Service 

Agency provides loans to family farmers 

to purchase real estate and equipment 

and finance agricultural production to 

comply the regulation of 7 CFR part 761, 

General Program Administration. 

Need and Use of the Information: 

Information collections are submitted by 

applicants and borrowers to the local 

FSA office serving the county in which 

their business is headquartered. The 

information is necessary to provide 

supervised credit as legislatively 

mandated and is used by FSA to: 

• Ensure that when loan funds or

insurance proceeds are used for 

construction and development projects, 

work is completed according to 

applicable State and local requirements, 

and in a manner that protects the 

Government’s financial interest. 

• Ensure that the loan repayment

plan is developed using realistic data, 

based on the operation’s actual history 

and any planned improvements. 

• Identify potential concerns limiting

the success of the operation and develop 

a loan assessment outlining the course 

of action to be followed, to improve the 

operation so that commercial credit is 

available. 

The general nature of a loan from FSA 

is very similar to that of any 

conventional commercial creditor. 

However, FSA applicants and borrowers 

tend to pose more of an economic risk 

of loss than those operations financed 

by commercial credit sources, as 

applicants must document that no other 

source of credit is available at the time 

of application. Legislation requires FSA 

to actively supervise these borrowers 

and provide credit counseling, 

management advice, and financial 

guidance. Also, FLP provides either a 

prompt payment or standard guarantee 

plan to sellers who enter into a land 

contract with a beginning or socially 

disadvantaged farmers to comply with 

the regulation of 7 CFR part 763, Land 

Contract Guarantee Loan but have not 

received any requests for land contract. 

FLP is mandated to provide 

supervised credit; therefore, failure to 

collect the information, or collecting it 

less frequently, could result in the 

failure of the farm operation or loss of 

agency security property. 

Description of Respondents: Business 

or other for-profit; farms. 

Number of Respondents: 64,802. 

Frequency of Responses: Reporting: 

On occasion; annually. 

Total Burden Hours: 149,426. 

Ruth Brown, 

Departmental Information Collection 

Clearance Officer. 

[FR Doc. 2023–18965 Filed 8–31–23; 8:45 am] 

BILLING CODE 3410–05–P 


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