[Federal Register: January 11, 2008 (Volume 73, Number 8)]
[Notices]               
[Page 2000-2001]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr11ja08-15]                         

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DEPARTMENT OF AGRICULTURE

 
Submission for OMB Review; Comment Request

January 8, 2008.
    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

[[Page 2001]]

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 Housing Service

    Title: 7 CFR 1902-A, Supervised Bank Accounts.
    OMB Control Number: 0575-0158.
    Summary of Collection: 7 CFR 1902-A, Supervised Bank Accounts, 
prescribes the policies and procedures for disbursing loan and grant 
funds, establishing and closing supervised accounts, and placing Multi-
Family housing reserve accounts in supervised accounts. Supervised 
accounts are accounts with a financial institution in the names of a 
borrower and the United States Government, represented by Rural Housing 
Service, Rural Business-Cooperative Service, Rural Utilities Service, 
or Farm Service Agency (Agency). Section 339 of the Consolidated Farm 
and Rural Development Act, 7 U.S.C. 1989 and Section 510 of the Housing 
Act of 1949, 42 U.S.C. 1480 are the legislative authority requiring the 
use of supervised accounts.
    Need and Use of the Information: The agency's state and field 
offices will collect information from borrowers and financial 
institutions and use the information to monitor compliance with agency 
regulations governing supervised accounts, such as establishing, 
maintaining, and withdrawing funds. In addition, the information will 
be used to ensure that the borrowers operate on a sound basis and use 
the loan and grant funds for authorized purposes.
    Description of Respondents: Business or other for-profit.
    Number of Respondents: 20,000.
    Frequency of Responses: Reporting: On occasion.
    Total Burden Hours: 26,953.

Charlene Parker,
Departmental Information Collection Clearance Officer.
[FR Doc. E8-322 Filed 1-10-08; 8:45 am]

BILLING CODE 3410--X