Federal Agriculture Improvement and Reform Act of 1996 (1996 Act) Delinquent Account Servicing and Inventory Property Management -- 7 CFR Parts 1955 and 1956
ICR 199607-0560-002
OMB: 0560-0172
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Federal Agriculture
Improvement and Reform Act of 1996 (1996 Act) Delinquent Account
Servicing and Inventory Property Management -- 7 CFR Parts 1955 and
1956
New
collection (Request for a new OMB Control Number)
This docket represents a portion of
the FSA burden for the farm credit loan programs formerly
administered by FMHA. The 1996 Act eliminates the lease back/buy
back program, requires inventory farmland to be sold within 105
days, and limits leases to beginning farmers only when loan funds
are not available. In addition, the definition of "beginning
farmer" was modified and borrowers are limited to one debt
forgiveness.
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.