[Federal Register Volume 75, Number 209 (Friday, October 29, 2010)]
[Proposed Rules]
[Pages 66699-66700]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-27227]
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DEPARTMENT OF AGRICULTURE
Farm Service Agency
7 CFR Parts 761, 763, and 764
RIN 0560-AI03
Farm Loan Programs Loan Making Activities; Correction
AGENCY: Farm Service Agency, USDA.
ACTION: Proposed rule; correction.
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SUMMARY: This document contains a correction to the proposed rule
titled ``Farm Loan Programs Loan Making Activities'' that was published
September 23, 2010. The Farm Service Agency (FSA) is correcting the
Paperwork Reduction Act information since the information collection
statement for special direct loan servicing was inadvertently omitted
from the proposed rule.
DATES: We will consider comments on the rule that we receive by
November 22, 2010.
FOR FURTHER INFORMATION CONTACT: Connie Holman, Senior Loan Officer,
USDA FSA LMD, STOP 0522, 1400 Independence Avenue, SW., Washington, DC
20250-0522, (202) 690-0756; fax: (202) 720-6797; e-mail:
[email protected]. Persons with disabilities or who require
alternative means for communication (Braille, large print, audio tape,
etc.) should contact the USDA Target Center at (202) 720-2600 (voice
and TDD).
SUPPLEMENTARY INFORMATION: On September 23, 2010, FSA published a
proposed rule (75 FR 57866-57880) to implement four provisions of the
Food, Conservation, and Energy Act of 2008 (2008 Farm Bill). There was
an inadvertent omission of the Paperwork Reduction Act information for
special direct loan servicing in the document. Although the proposed
rule does not propose any changes to the 7 CFR part 766, the changes in
the proposed rule for equine loans would require use of the forms
currently approved for uses related to 7 CFR part 766. Therefore, FSA
needs to correct the following information add to the proposed rule
published on September 23, 2010.
Correction
On page 57873, the following correction replaces the third
sentences in the first paragraph under the heading
[[Page 66700]]
``Paperwork Reduction Act'': The new information collection requests
for Farm Loan Programs, General Administration; Direct Loan Making;
regular Direct Loan Servicing; and special Direct Loan Servicing all
result from expanding eligibility for EM to cover equine losses; and
when approved will be incorporated into the existing approved ICRs (of
the same titles) that will be up for a renewal this year.
On page 57874, add the following immediately following the
Paperwork Reduction Act information for the ``Direct Loan Servicing--
Regular'' (column 3, above the request for comments):
Title: Direct Loan Servicing--Special.
OMB Control Number: 0560-NEW.
Type of Request: New Collection.
Abstract: This information collection is required to support the
proposed regulatory changes that include equine losses as eligible for
EM. Some of the same information collection activities that will be
used are currently approved for 7 CFR part 766, Direct Loan Servicing--
Special, which establishes the requirements related to special
servicing actions associated with direct loans including emergency
loans. Emergency loan applicants tend to pose a higher economic risk of
loss than those operations financed by commercial creditors.
Information collections established in the regulations are necessary
for FSA to actively supervise and provide credit counseling, management
advice, and financial guidance.
Estimate of Burden: Public reporting for this collection of
information is estimated to average 47 minutes per response.
Type of Respondents: Individuals or households, businesses or other
for profit, and farms.
Estimated Number of Respondents: 7.
Estimated Number of Responses per Respondent: 2.5.
Estimated Total Annual Number of Responses: 18.
Estimated Total Annual Burden on Respondents: 26 hours.
Once this information collection request is approved, FSA will
incorporate this collection into existing collections package 0560-
0233.
Signed in Washington, DC, on October 21, 2010.
Jonathan W. Coppess,
Administrator, Farm Service Agency.
[FR Doc. 2010-27227 Filed 10-28-10; 8:45 am]
BILLING CODE 3410-05-P