Federal Register / Vol. 61, No. 128 / Tuesday, July 2, 1996 / Notices 34501

rehabilitation. VA must also provide

counseling services to help a veteran or

other beneficiary to select an

educational, training, or employment

objective.

Current Actions: VA Form 28–1902 is

used as part of the application for

benefits, primary for Title 38 U.S.C.,

Chapter 31, vocational rehabilitation,

but also for counseling under other VA

educational benefit programs. The

collection of information is necessary to

provide educational, vocational,

psychological, employment, and

personal adjustment counseling that are

part of the chapter 31 program.

Affected Public: Individuals or

households.

Estimated Annual Burden: 30,000

hours.

Estimated Average Burden Per

Respondent: 30 minutes.

Frequency of Response: On occasion.

Estimated Number of Respondents:

60,000.

FOR FURTHER INFORMATION CONTACT:

Requests for additional information or

copies of the reports should be directed

to Department of Veterans Affairs, Attn:

Ron Taylor, VA Clearance Officer

(045A4), 810 Vermont Avenue, NW.,

Washington, DC 20420, Telephone (202)

273–8015 or FAX (202) 273–5981.

Dated: June 24, 1996.

By direction of the Secretary.

William T. Morgan,

Management Analyst.

[FR Doc. 96–16780 Filed 7–1–96; 8:45 am]

BILLING CODE 8320–01–P

Agency Information Collection

Activities: Proposed Collection;

Comment Request

AGENCY: Veterans Benefits

Administration, Department of Veterans

Affairs.

ACTION: Notice.

SUMMARY: As part of its continuing effort

to reduce paperwork and respondent

burden, the Veterans Benefits

Administration (VBA) invites the

general public and other Federal

agencies to comment on this

information collection. This request for

comment is being made pursuant to the

Paperwork Reduction Act of 1995

(Public Law 104–13; 44 U.S.C.

3506(c)(2)(A)). Comments should

address the accuracy of the burden

estimates and ways to minimize the

burden including the use of automated

collection techniques or the use of other

forms of information technology, as well

as other relevant aspects of the

information collection.

DATES: Written comments and

recommendations on the proposal for

the collection of information should be

received by no later than September 3,

1996.

ADDRESSES: Direct all written comments

to Nancy J. Kessinger, Veterans Benefits

Administration (20M30), Department of

Veterans Affairs, 810 Vermont Avenue,

NW., Washington, DC 20420. All

comments will become a matter of

public record and will be summarized

in the VBA request for Office of

Management and Budget (OMB)

approval. In this document the VBA is

soliciting comments concerning the

following information collection:

OMB Control Number: 2900–0029.

Titles and Form Numbers:

a. Offer to Purchase and Contract of

Sale, VA Form 26–6705

b. Credit Statement of Prospective

Purchaser, VA Form 26–6705b

c. Addendum to VA Form 26–6705,

VA Form 26–6705c

d. Addendum to VA Form 26–6705

(Virginial), VA Form 26–6705d

Type of Review: Revision of a

currently approved collection.

Needs and Uses:

a. VA Form 26–6705 is used by the

private sector sales broker to submit an

offer to the VA on behalf of a

prospective purchaser of a VA-acquired

property. The form will be prepared for

each proposed contract submitted to the

VA. If the VA accepts the offer to

purchase, it then becomes a contract of

sale. The form defines the terms of sale,

provides the prospective purchaser with

a receipt for his/her earnest money

deposit, eliminates the need for separate

transmittal of a purchase offer and

develops the contract without such

intermediate processing steps and

furnishes evidence of the station

decision with respect to the acceptance

of the contract as tendered. Without this

information, a determination of the best

offer for a property cannot be made.

b. VA Form 26–6705b is used as a

credit application to determine the

creditworthiness of a prospective

purchaser in those instances when the

prospective purchaser seeks the VA

vendee financing, along with VA Form

26–6705. In such sales, the offer to

purchase will not be accepted until the

purchaser’s income and credit history

have been verified and a loan analysis

has been completed, indicating loan

approval. Without this information, the

creditworthiness of a prospective

purchaser cannot be determined and the

offer to purchase cannot be accepted.

c. VA Form 26–6705c, using the

‘‘highest net return/cash equivalent

value’’ (EWCEV) procedure, is intended

to simplify the selection process among

competing offers and ensure that the

offer selected provides the greatest value

to the VA. The procedure requires one

or more calculations on each offer in

order to convert it to a ‘‘net to VA’’ basis

which can easily be compared to other

offers, and thus enable the VA to be sure

that the highest real dollar offer is

accepted. The sole purpose of the HNR/

CEV is to determine which offer is the

most financially advantageous to the VA

and in turn, the taxpayers. This

procedure is very similar to the

calculation prepared on most private

sector transactions in order to show the

seller what he or she will receive as

proceeds of sale.

d. VA Form 26–6705d is an

addendum to VA Form 26–6705 for use

in Virginia. It includes requirements of

State law which must be acknowledged

by the purchaser at or prior to closing.

Current Actions: Under the authority

of Title 38 U.S.C 3720(a) (5) and (6), VA

acquires properties for sale to the

general public utilizing the services of

private real estate brokers.

Affected Public: Individuals or

households.

Estimated Annual Burden: 64,583

hours.

a. VA Form 26–7605—33,333 hours.

b. VA Form 26–6705b—33,500 hours.

c. VA Form 26–6705c—8,333 hours.

d. VA Form 26–6705d—417 hours.

Estimated Average Burden Per

Respondent: 14 minutes (average).

a. VA Form 26–7605—20 minutes.

b. VA Form 26–6705b—20 minutes.

c. VA Form 26–6705c—5 minutes.

d. VA Form 26–6705d—5 minutes.

Frequency of Response: Generally onetime.

Estimated Number of Total

Respondents: 272,500.

a. VA Form 26–7605—100,000.

b. VA Form 26–6705b—67,500.

c. VA Form 26–6705c—100,000.

d. VA Form 26–6705d—5,000.

FOR FURTHER INFORMATION CONTACT:

Requests for additional information or

copies of the form should be directed to

Department of Veterans Affairs, Attn:

Jacquie McCray, Information

Management Service (045A4), 810

Vermont Avenue, NW., Washington, DC

20420, Telephone (202) 273–8032 or

FAX (202) 273–5981.

Dated: June 24, 1996.

By direction of the Secretary.

William T. Morgan,

Management Analyst.

[FR Doc. 96–16781 Filed 7–1–96; 8:45 am]

BILLING CODE 8320–01–P