[Federal Register Volume 75, Number 240 (Wednesday, December 15, 2010)]
[Notices]
[Pages 78209-78210]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-31493]
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DEPARTMENT OF AGRICULTURE
Rural Business-Cooperative Service
Notice of Request for Revision of a Currently Approved
Information Collection
AGENCY: Rural Business-Cooperative Service, USDA.
ACTION: Proposed collection; comments requested.
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SUMMARY: In accordance with the Paperwork Reduction Act of 1995, this
notice announces the Rural Business-Cooperative Service's intention to
request an extension for a currently approved information collection in
support of the Rural Business Investment Program.
DATES: Comments on this notice must be received by February 14, 2011 to
be assured of consideration.
FOR FURTHER INFORMATION CONTACT: Michael Foore, Program Policy Advisor,
Rural Development, Business and Cooperative Programs, U.S. Department
of Agriculture, STOP 3201, 1400 Independence Ave., SW., Washington, DC
20250-3201, Telephone (202) 205-0056.
SUPPLEMENTARY INFORMATION:
Title: Rural Business Investment Program.
OMB Number: 0570-0051.
Expiration Date of Approval: March 31, 2011.
Type of Request: Revision of a currently approved information
collection.
Abstract: The Rural Business Investment Program (``RBIP'') is a
Developmental Venture Capital program for the purpose of promoting
economic development and the creation of wealth and job opportunities
in Rural Areas and among individuals living in such areas through the
licensing of Rural Business Investment Companies (``RBICs'').
The information USDA seeks to collect is critical to the integrity
of the process for selecting RBICs for participation in the RBIP and to
the accomplishment of the objectives of the RBIP. Without this
collection of information, USDA would be unable to meet the
requirements of the Act and effectively administer the RBIP, ensuring
safety and soundness.
Estimate of Burden: Public reporting burden for this collection of
information is estimated to average 1 hour per response.
Respondents: Newly established, for-profit entities applying for
RBIC licensure) and licensed RBICs (venture capital companies approved
by USDA to participate in the RBIP).
Estimated Number of Respondents: 1.
Estimated Number of Responses per Respondent: 148.
Estimated Number of Responses: 148.
Estimated Total Annual Burden on Respondents: 167.
Copies of this information collection can be obtained from Cheryl
Thompson, Regulations and Paperwork Management Branch, Support Services
Division at (202) 692-0043.
Comments: Comments are invited on: (a) Whether the proposed
collection of information is necessary for the proper performance of
the functions of USDA, including whether the information will have
practical utility; (b) the accuracy of USDA's 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
[[Page 78210]]
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. Comments may be sent to Cheryl
Thompson, Regulations and Paperwork Management Branch, Support Services
Division, U.S. Department of Agriculture, Rural Development, STOP 0742,
1400 Independence Ave., SW., Washington, DC 20250-0742. 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.
Dated: December 6, 2010.
Judith A. Canales,
Administrator, Rural Business-Cooperative Service.
[FR Doc. 2010-31493 Filed 12-14-10; 8:45 am]
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