The collection is used to provide
supervised credit as legislatively mandated, ensure when loan funds
are used for construction, work is completed according to
applicable state and local standards; ensure loan repayment plan is
developed using realistic data; and develop a loan
assessment.
The agency is publishing a
final rule to consolidate several CFR subparts and to move FLP
regulations from 7 CFR Chapter XVIII to 7 CFR Chapter VII.
Therefore, the agency is requesting that a new OMB Control Number
be assigned to this information collection, which includes
collections applicable to FLP currently approved under control
numbers 0575-0042, 0575-0093, and 0560-0154. While most of the
burden associate with this collection is the result of transferring
burden from other collections, there is a reduction of -11,256
hours as a result of changes to the regulation and an increase of
46,121 hours due to previously unapproved collections. Finally, the
request included an increase of 44,630 hours as a result of
adjustments --changes in the number of respondents, responses per
respondent, or response time.
$16,294,491
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Mary Ann Ball 202-720-4283
MaryAnn.Ball@usda.gov
No
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.