[Federal Register Volume 86, Number 154 (Friday, August 13, 2021)]
[Notices]
[Page 44689]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-17344]


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DEPARTMENT OF AGRICULTURE

Rural-Business Cooperative Service


Agency Information Collection Activities: Revision of a Currently 
Approved Information Collection; Comments Request; Rural Development 
Loan Servicing

AGENCY: Rural Business-Cooperative Service, Agriculture (USDA).

ACTION: 60-Day notice and request for comments.

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SUMMARY: In accordance with the Paperwork Reduction Act of 1995, this 
notice announces the Rural Business-Cooperative Service's (RBCS) 
intention to request a revision of a currently approved information 
collection in support of Rural Development Loan Servicing for the 
Intermediary Relending Program.

DATES: Comments on this notice must be received by October 12, 2021 to 
be assured of consideration.

FOR FURTHER INFORMATION CONTACT: Lori Pittman, Rural Business-
Cooperative Service, USDA, STOP 3226, 1400 Independence Ave. SW, 
Washington, DC 20250-3226, Telephone: (202) 720-1400.

SUPPLEMENTARY INFORMATION: 
    Title: Rural Development Loan Servicing.
    OMB Number: 0570-0015.
    Expiration Date of Approval: November 30, 2021.
    Type of Request: Revision of a currently approved information 
collection.
    Abstract: Subpart R of 7 CFR part 1951 contains regulations for 
servicing and liquidating loans made by Rural Development under the 
Intermediary Relending Program (IRP) and the Rural Microentrepreneur 
Assistance Program (RMAP) to eligible intermediaries and applies to 
ultimate recipients and other involved parties. The information 
requested is vital to RBS for prudent loan servicing, credit decisions, 
and reasonable program monitoring.
    Rural Development has determined that the financial reporting 
requirements are necessary to provide the Agency with current 
information in order to monitor the program, to make various reporting 
requirements to Congress, and for program innovation and expansion 
under the Government's Performance Review.
    Servicing of the IRP is administered by RBCS in Washington, DC, 
which will be the primary user of the information collected. Under the 
Freedom of Information Act (FOIA), the general public can request the 
majority of the data by the Agency from the intermediaries, except for 
information that is classified as confidential.
    Estimate of Burden: Public reporting burden for this collection of 
information is estimated to average 3 hours per response.
    Respondents: Non-profit corporations, public agencies, Indian 
groups and cooperatives.
    Estimated number of Respondents: 475.
    Estimated number of responses: 3,941.
    Estimated total annual burden on respondents: 11,878 hours.
    Copies of this information collection can be obtained from Kimble 
Brown, Innovation Center--Regulations Management Division, at (202) 
720-6780.

Comments

    Comments are invited on: (a) Whether the proposed collection of 
information is necessary for the proper performance of the functions of 
RBCS, including whether the information will have practical utility; 
(b) the accuracy of RBCS 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 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. 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.

Mark Brodziski,
Acting Administrator, Rural Business-Cooperative Service.
[FR Doc. 2021-17344 Filed 8-12-21; 8:45 am]
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