Accounting Requirements for RUS Electric and Telecommunications Borrowers

Forms and Documents

Document Name	Status
CFR-title7-vol12-part1770.pdf Supplementary Document	2021-01-21
SSTMT 0572-0003.docx Supporting Statement A	2021-01-21
CFR-title7-vol12-part1767.pdf Supplementary Document	2021-01-21
2020 Form 36-spreadsheet 0572-0003.xlsx Supplementary Document	2021-01-19

IC Document Collections

IC ID	Document Title	Status
1757	Accounting Requirements for RUS Electric and Telecommunications Borrowers	Modified

ICR Details

OMB Control No: 0572-0003	ICR Reference No: 202101-0572-004
Status: Received in OIRA	Previous ICR Reference No: 201711-0572-002
Agency/Subagency: USDA/RUS	Agency Tracking No:
Title: Accounting Requirements for RUS Electric and Telecommunications Borrowers
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular	Date Submitted to OIRA: 04/15/2021

	Requested	Previously Approved
Expiration Date	36 Months From Approved	04/30/2021
Responses	1,000	950
Time Burden (Hours)	27,000	25,650
Cost Burden (Dollars)	0	0

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Abstract: The regulations supported by this information collection package set forth basic accounting requirements for maintaining accounting records on an accrual basis.

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Authorizing Statute(s): US Code: 7 USC 901 Name of Law: The 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 68036	10/27/2020
30-day Notice:	Federal Register Citation:	Citation Date:
	86 FR 18936	04/12/2021
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
Accounting Requirements for RUS Electric and Telecommunications Borrowers

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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	1,000	950	0	0	50	0
Annual Time Burden (Hours)	27,000	25,650	0	0	1,350	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: This renewal package requests an extension of a currently approved collection. There is a program adjustment to account for an increase in the estimated number of respondents (from 950 respondents to 1,000 respondents). Due to an increase (50 respondents) in the numbers of RUS financed borrowers in the Electric and Telecommunications programs combined, there is an agency adjustment resulting in an increase of 1,350 burden hours. There was no change in the regulations or in program operations.

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Annual Cost to Federal Government: $0

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: 04/15/2021

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