Federal Register / Vol. 83, No. 121 / Friday, June 22, 2018 / Notices 29155 

recommend value for loan purposes. A 

fee appraiser is a qualified person 

requested by the Secretary to render an 

estimate of the reasonable value of a 

property, or of a specified type of 

property, within a stated area for the 

purpose of justifying the extension of 

credit to an eligible veteran (38 CFR 

36.4301). The fee appraiser’s estimate of 

value is reviewed by a VA staff 

appraiser or lender’s staff appraisal 

reviewer who uses the data to establish 

the VA reasonable value (38 U.S.C. 

3710(b)(4), (5), (6) and 3731(f)(1)), 

which becomes the maximum loan 

guaranty amount an eligible veteran can 

obtain. 

An agency may not conduct or 

sponsor, and a person is not required to 

respond to a collection of information 

unless it displays a currently valid OMB 

control number. The Federal Register 

Notice with a 60-day comment period 

soliciting comments on this collection 

of information was published at 83 FR 

08606 on April 25, 2018, page 18131. 

Affected Public: Private Sector. 

Estimated Annual Burden: 1,000 

hours. 

Estimated Average Burden per 

Respondent: 30 minutes. 

Frequency of Response: One time. 

Estimated Number of Respondents: 

2,000 per year. 

By direction of the Secretary. 

Cynthia D. Harvey-Pryor, 

Department Clearance Officer, Office of 

Quality, Privacy and Risk, Department of 

Veterans Affairs. 

[FR Doc. 2018–13398 Filed 6–21–18; 8:45 am] 

BILLING CODE 8320–01–P 

DEPARTMENT OF VETERANS 

AFFAIRS 

[OMB Control No. 2900–0618] 

Agency Information Collection Activity 

Under OMB Review: Application by 

Insured Terminally Ill Person for 

Accelerated Benefit 

AGENCY: Veterans Benefits 

Administration, Department of Veterans 

Affairs. 

ACTION: Notice. 

SUMMARY: In compliance with the 

Paperwork Reduction Act (PRA) of 

1995, this notice announces that the 

Veterans Benefits Administration, 

Department of Veterans Affairs, will 

submit the collection of information 

abstracted below to the Office of 

Management and Budget (OMB) for 

review and comment. The PRA 

submission describes the nature of the 

information collection and its expected 

cost and burden and it includes the 

actual data collection instrument. 

DATES: Comments must be submitted on 

or before July 23, 2018. 

ADDRESSES: Submit written comments 

on the collection of information through 

www.Regulations.gov, or to Office of 

Information and Regulatory Affairs, 

Office of Management and Budget, Attn: 

VA Desk Officer; 725 17th St. NW, 

Washington, DC 20503 or sent through 

electronic mail to oira_submission@

omb.eop.gov. Please refer to ‘‘OMB 

Control No. 2900–0618’’ in any 

correspondence. 

FOR FURTHER INFORMATION CONTACT: 

Cynthia Harvey-Pryor, Enterprise 

Records Service (005R1B), Department 

of Veterans Affairs, 810 Vermont 

Avenue NW, Washington, DC 20420, 

(202) 461–5870 or email cynthia.harveypryor@va.gov. Please refer to ‘‘OMB 

Control No. 2900–0618’’ in any 

correspondence. 

SUPPLEMENTARY INFORMATION: 

Authority: Public Law 104–13; 44 U.S.C. 

3501–3521. 

Title: Application by Insured 

Terminally Ill Person for Accelerated 

Benefit Form SGLI 8284. 

OMB Control Number: 2900–0618. 

Type of Review: Reinstatement of a 

previously approved collection. 

Abstract: VA has amended regulations 

for the Servicemembers’ Group Life 

Insurance (SGLI) and Veterans’ Group 

Life Insurance (VGLI) programs to add 

accelerated death benefit (Accelerated 

Benefit) provisions that permit 

terminally ill policyholders access to 

the death benefits of their policies 

before they die. Traditionally, an 

individual purchases life insurance in 

order to safeguard his or her dependents 

against major financial loss due to his or 

her death. Life insurance serves to 

replace the lost income of an insured 

and to provide for his or her final 

expenses. In recent years, the insurance 

industry has recognized the financial 

needs of terminally ill policyholders 

and has begun offering policies with 

accelerated benefit provisions. A recent 

statutory amendment (Section 302 of the 

Veterans Programs Enhancement Act of 

1998, Pub. L. 105–368, 112 Stat. 3315, 

3332–3333) added section 1980 to Title 

38, United States Code, which extends 

an accelerated benefit option to 

terminally ill persons insured in the 

SGLI and VGLI programs. This form 

expired due to high volume of work and 

staffing changes. 

An agency may not conduct or 

sponsor, and a person is not required to 

respond to a collection of information 

unless it displays a currently valid OMB 

control number. The Federal Register 

Notice with a 60-day comment period 

soliciting comments on this collection 

of information was published at 83 FR 

56 on March 22, 2018, pages 12653 and 

12654. 

Affected Public: Individuals and 

Households. 

Estimated Annual Burden: 40 hours. 

Estimated Average Burden per 

Respondent: 12 minutes. 

Frequency of Response: One time. 

Estimated Number of Respondents: 

200. 

By direction of the Secretary. 

Cynthia D. Harvey-Pryor, 

Department Clearance Officer, Office of 

Privacy, Quality and Risk, Department of 

Veterans Affairs. 

[FR Doc. 2018–13397 Filed 6–21–18; 8:45 am] 

BILLING CODE 8320–01–P 


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