7 CFR Part 1744, Subpart B, Lien Accommodations and Subordination Policy

Forms and Documents

Document Name	Status
SuptStmt 0572-0126_Final (002).docx Supporting Statement A	2020-07-01
SPREADSHEET Form 36 0572-0126_Final.xls Supplementary Document	2020-07-01
7 CFR 1744 SUBPART B.pdf Supplementary Document	2020-07-27

IC Document Collections

IC ID	Document Title	Status
1865	7 CFR Part 1744, Subpart B, Lien Accommodations and Subordination Policy	Unchanged

ICR Details

OMB Control No: 0572-0126	ICR Reference No: 202001-0572-006
Status: Received in OIRA	Previous ICR Reference No: 201704-0572-001
Agency/Subagency: USDA/RUS	Agency Tracking No:
Title: 7 CFR Part 1744, Subpart B, Lien Accommodations and Subordination Policy
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular	Date Submitted to OIRA: 07/27/2020

	Requested	Previously Approved
Expiration Date	36 Months From Approved	01/31/2021
Responses	1	1
Time Burden (Hours)	1	1
Cost Burden (Dollars)	0	0

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Abstract: In order to facilitate the financing of projects that provide for new telecommunications services and other telecommunications services not ordinarily financed by the Rural Utilities Service (RUS), the agency is willing to consider accommodating the Government's lien on telecommunications borrowers' systems in an expedited manner based on the financial strength of the borrowers operations. The information collected for lien accommodation requests is used by RUS to ascertain a borrower's level of financial stability and, upon agency approval of the lien accommodation, ensures the government's loan security interest is protected.

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Authorizing Statute(s): US Code: 7 USC 901 et seq. Name of Law: Rural Electrification Act of 1936
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	85 FR 6499	02/05/2020
30-day Notice:	Federal Register Citation:	Citation Date:
	85 FR 44850	07/24/2020
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
7 CFR Part 1744, Subpart B, Lien Accommodations and Subordination Policy

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ICR Summary of Burden

	Total Request	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	1	1	0	0	0	0
Annual Time Burden (Hours)	1	1	0	0	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

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

Burden Increase Due to:

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

Burden Reduction Due to:

Short Statement:

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Annual Cost to Federal Government: $179

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

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? No

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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: 07/27/2020

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