[Federal Register: October 11, 2006 (Volume 71, Number 196)]
[Notices]
[Page 59717-59718]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr11oc06-20]
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DEPARTMENT OF AGRICULTURE
Submission for OMB Review; Comment Request
October 5, 2006.
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
regarding (a) 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; (b) the accuracy
of the agency's estimate of burden including the validity of the
methodology and assumptions used; (c) ways to enhance the quality,
utility and clarity of the information to be collected; (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 should be addressed to: Desk
Officer for Agriculture, Office of Information and Regulatory Affairs,
Office of Management and Budget (OMB), OIRA_Submission@OMB.EOP.GOV or
fax (202) 395-5806 and to Departmental Clearance Office, USDA, OCIO,
Mail Stop 7602, Washington, DC 20250-7602. Comments regarding these
information collections are best assured of having their full effect if
received within 30 days of this notification. Copies of the
submission(s) may be obtained by calling (202) 720-8681.
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.
Rural Business Service
Title: Intermediary Re-lending Program.
OMB Control Number: 0570-0021.
Summary of Collection: The objective of the Intermediary Relending
Program (IRP) is to improve community facilities and employment
opportunities and increase economic activity in rural areas by
financing business facilities and community development. This purpose
is achieved through loans made by the Rural Business-Cooperative
Service (RBS) to intermediaries that establish programs for the purpose
of providing loans to ultimate recipients for business facilities and
community development. The Food Security Act of 1985 provides USDA with
the authority to make loans to nonprofit entities who will in turn
provide financial assistance to rural businesses to improve business,
industry and employment opportunities as well as provide a
diversification of the economy in rural areas.
Need and Use of the Information: The information requested is
necessary for RBS to process applications in a responsible manner, make
prudent credit and program decisions, and effectively monitor the
intermediaries' activities to protect the Government's financial
interest and ensure that funds obtained from the Government are used
appropriately. Various forms are used to include information to
identify the intermediary, describe the intermediary's experience and
expertise, describe how the intermediary will operate its revolving
loan fund, provide
[[Page 59718]]
for debt instruments, loan agreements, and security, and other material
necessary for prudent credit decisions and reasonable program
monitoring.
Description of Respondents: Not-for-profit institutions; Business
or other for-profit.
Number of Respondents: 202.
Frequency of Responses: Reporting: On occasion.
Total Burden Hours: 17,959.
Charlene Parker,
Departmental Information Collection Clearance Officer.
[FR Doc. E6-16752 Filed 10-10-06; 8:45 am]
BILLING CODE 3410-XT-P