Farm Loan Programs - Direct Loan Servicing - Regular

Forms and Documents

Document Name	Status
Form FSA-2050 Farm Loan Programs - Direct Loan Servicing - Regular Form	Modified
765.xls Supplementary Document	2007-09-28
765 burden 4-27-07.doc Supporting Statement A	2007-09-21
FSA 85-1 all 765.doc Supplementary Document	2007-09-28

IC Document Collections

IC ID	Document Title	Status
1566	Farm Loan Programs - Direct Loan Servicing - Regular Form	Modified

ICR Details

OMB Control No: 0560-0236	ICR Reference No: 200711-0560-004
Status: Historical Active	Previous ICR Reference No: 200707-0560-004
Agency/Subagency: USDA/FSA	Agency Tracking No:
Title: Farm Loan Programs - Direct Loan Servicing - Regular
Type of Information Collection: New collection (Request for a new OMB Control Number)	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 11/16/2007
	Date Received in OIRA: 11/16/2007
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	11/30/2010	36 Months From Approved
Responses	110,121	0	0
Time Burden (Hours)	60,877	0	0
Cost Burden (Dollars)	0	0	0

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Abstract: Information is used to determine borrower compliance with loan covenants, assist borrower in achieving their business goals, and regular servicing of loan account such as graduation, subordination, partial release, and use of proceeds.

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Authorizing Statute(s): US Code: 7 USC 1921 Name of Law: CONTACT
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
0560-AF60	Final or interim final rulemaking	72 FR 216	11/08/2007

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	69 FR 6055	02/09/2004
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Farm Loan Programs - Direct Loan Servicing - Regular	FSA-2050 , FSA-2040, FSA-2060, FSA-2425, FSA-2450, FSA-2465, FSA-2476, FSA-2489	Temporary amendment conset to payment of proceeds from sale ,   Agreement for Disposition of Security/Release Subordination/Consent ,   Application for Partial Release Subordination/Consent ,   Cancellling Undisbursed loan funds ,   Temporary Amendment - consent to payment of proceeds from sale ,   Assignment Acceptance/release for wool and mohair/borrower ,   Transfer of real estate security/transferee ,   Assumption agreement

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ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	110,121	0	0	110,121	0	0
Annual Time Burden (Hours)	60,877	0	0	60,877	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Changing Regulations

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: As a result of the FLP streamlining rule, the information collections applicable to FLP approved under control numbers 0575-0075 and 0575-0093 are being transferred to this new control number. Further, the information collections approved under control numbers 0560-0158 and 0560-0171 are transferred to this new control number. Control numbers 0560-0158 and 0560-0171 will be retired when the final rule this document supports will be effective. As a result of the information collection analysis completed for the final rule, the total burden hours for FLP were increased. In some cases the increase was due to changes in the number of respondents, responses per respondent, or response time. In other cases the increase was due to the addition of existing information collections that are currently unapproved.

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Annual Cost to Federal Government: $35,272,803

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? Uncollected

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 10/16/2007

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