Guaranteed Farm Loan Programs

ICR 202302-0560-003

OMB: 0560-0155

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2023-09-05
Supplementary Document
2023-08-25
IC Document Collections
IC ID
Document
Title
Status
36839 Modified
ICR Details
0560-0155 202302-0560-003
Received in OIRA 202202-0560-001
USDA/FSA
Guaranteed Farm Loan Programs
Revision of a currently approved collection   No
Regular 09/05/2023
  Requested Previously Approved
36 Months From Approved 09/30/2023
174,674 193,648
154,631 165,724
0 0

The information is needed to effectively administer the Farm Service Agency (FSA) guaranteed farm loan, EZ Guarantee Program, Micro Lender program (MLP) and land contract guaranteed loan programs.

PL: Pub.L. 109 - 171 116 Name of Law: CONTACT
  
None

Not associated with rulemaking

  88 FR 33080 05/24/2023
88 FR 60430 09/01/2023
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 174,674 193,648 0 0 -18,974 0
Annual Time Burden (Hours) 154,631 165,724 0 0 -11,093 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
The annual responses have been reduced by 18,974 while the burden hours reduced by 11,093 hours in the request. The reason for the decrease is due to a drop in Guaranteed loans originated between the years FY 2020 and FY 2022. Between FY 2019 and FY 2022, the number of Guaranteed loans fell by 19 percent from 7,611 to 6,137. In addition, the number of loss claims and status reports received is much lower than FY 2020.

$10,425,660
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.
09/05/2023


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