Agricultural Foreign Investment Disclosure Act Report

ICR 202201-0560-001

OMB: 0560-0097

Federal Form Document

ICR Details
0560-0097 202201-0560-001
Received in OIRA 201811-0560-001
USDA/FSA
Agricultural Foreign Investment Disclosure Act Report
Revision of a currently approved collection   No
Regular 05/23/2022
  Requested Previously Approved
36 Months From Approved 06/30/2022
7,775 5,525
3,694 2,631
0 0

FSA requires foreign persons to report acquired or transferred U.S. agricultural land under the AFIDA. The collection of the information is utilized in the preparation of reports to Congress and monitor investment.

US Code: 7 USC 3501-3508 Name of Law: Agricultural Foreign Investment Disclosure Act Report
  
None

Not associated with rulemaking

  87 FR 9310 02/18/2022
87 FR 31207 05/23/2022
No

  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 7,775 5,525 0 0 2,250 0
Annual Time Burden (Hours) 3,694 2,631 0 0 1,063 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
The number of respondents and responses increased by 2,250, and the burden hours increased by 1,063. The increase is because more foreign persons acquired or transferred an interest in U.S. agricultural land than in prior years and must comply with AFIDA reporting requirements.

$505,361
No
    No
    Yes
No
No
No
No
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.
05/23/2022


© 2024 OMB.report | Privacy Policy