30-Day FRN

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Federal Register / Vol. 89, No. 149 / Friday, August 2, 2024 / Notices
comment in response to the notice.
DATES: Comments must be received on
or before October 1, 2024.
ADDRESSES: Comments must be
submitted through www.regulations.gov.
FOR FURTHER INFORMATION CONTACT:
Program—Specific information:
Nancy J. Kessinger, 202–632–8924,
Nancy.Kessinger@va.gov.
VA PRA information: Maribel Aponte,
202–461–8900, vacopaperworkreduact@
va.gov.
SUPPLEMENTARY INFORMATION: Under the
PRA of 1995, Federal agencies must
obtain approval from the Office of
Management and Budget (OMB) for each
collection of information they conduct
or sponsor. This request for comment is
being made pursuant to section
3506(c)(2)(A) of the PRA.
With respect to the following
collection of information, VBA invites
comments on: (1) whether the proposed
collection of information is necessary
for the proper performance of VBA’s
functions, including whether the
information will have practical utility;
(2) the accuracy of VBA’s estimate of the
burden of the proposed collection of
information; (3) ways to enhance the
quality, utility, and clarity of the
information to be collected; and (4)
ways to minimize the burden of the
collection of information on
respondents, including through the use
of automated collection techniques or
the use of other forms of information
technology.
Title: Application by Insured
Terminally Ill Person for Accelerated
Benefit, Forms SGLV 8284 and SGLV
8284A.
OMB Control Number: 2900–0618.
https://www.reginfo.gov/public/do/
PRASearch (Once at this link, you can
enter the OMB Control Number to find
the historical versions of this
Information Collection).
Type of Review: Extension of a
currently approved collection.
Abstract: VA has amended regulations
for the Servicemembers’ Group Life
Insurance (SGLI) and Veterans’ Group
Life Insurance (VGLI) programs to add
accelerated death benefit (Accelerated
Benefit) provisions that permit
terminally ill policyholders access to
the death benefits of their policies
before they die. Traditionally, an
individual purchases life insurance in
order to safeguard his or her dependents

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against major financial loss due to his or
her death. Life insurance serves to
replace the lost income of an insured
and to provide for his or her final
expenses. In recent years, the insurance
industry has recognized the financial
needs of terminally ill policyholders
and has begun offering policies with
accelerated benefit provisions. A recent
statutory amendment (section 302 of the
Veterans Programs Enhancement Act of
1998, Pub. L. 105–368, 112 Stat. 3315,
3332–3333) added section 1980 to title
38, United States Code, which extends
an accelerated benefit option to
terminally ill persons insured in the
SGLI and VGLI programs.
Affected Public: Individuals and
households.
Estimated Annual Burden: 40 hours.
Estimated Average Burden Per
Respondent: 12 minutes.
Frequency of Response: One-time.
Estimated Number of Respondents:
200.
Authority: 44 U.S.C. 3501 et seq.
Maribel Aponte,
VA PRA Clearance Officer, Office of
Enterprise and Integration/Data Governance
Analytics, Department of Veterans Affairs.
[FR Doc. 2024–17063 Filed 8–1–24; 8:45 am]
BILLING CODE 8320–01–P

DEPARTMENT OF VETERANS
AFFAIRS
[OMB Control No. 2900–0516]

Agency Information Collection Activity
Under OMB Review: Loan Guaranty:
Processing Assumptions of VAGuaranteed Home Loans Under 38
U.S.C. 3714
Veterans Benefits
Administration, Department of Veterans
Affairs.
ACTION: Notice.
AGENCY:

In compliance with the
Paperwork Reduction Act (PRA) of
1995, this notice announces that the
Veterans Benefits Administration,
Department of Veterans Affairs, will
submit the collection of information
abstracted below to the Office of
Management and Budget (OMB) for
review and comment. The PRA
submission describes the nature of the
information collection and its expected
cost and burden and it includes the
actual data collection instrument.

SUMMARY:

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Comments and
recommendations for the proposed
information collection should be sent
within 30 days of publication of this
notice by clicking on the following link
www.reginfo.gov/public/do/PRAMain,
select ‘‘Currently under Review—Open
for Public Comments’’, then search the
list for the information collection by
Title or ‘‘OMB Control No. 2900–0516.’’
FOR FURTHER INFORMATION CONTACT: VA
PRA information: Maribel Aponte, 202–
461–8900, vacopaperworkreduact@
va.gov.
DATES:

SUPPLEMENTARY INFORMATION:

Title: Loan Guaranty: Processing
Assumptions of VA-Guaranteed Home
Loans under 38 U.S.C. 3714.
OMB Control Number: 2900–0516.
Type of Review: Reinstatement of a
previously approved collection.
Abstract: The collection of
information is through electronic
submission and is accomplished only
once per respondent, per loan
assumption transaction. This collection
is necessary to identify the individual
case to ensure VA has met all legal
requirements concerning collection of
the above-discussed credit package
under 38 CFR 36.4301 and copy of the
executed deed and/or assumption
agreement pursuant to 38 CFR
36.4303(l)(1)(i)(A).
An agency may not conduct or
sponsor, and a person is not required to
respond to a collection of information
unless it displays a currently valid OMB
control number. The Federal Register
Notice with a 60-day comment period
soliciting comments on this collection
of information was published at 89 FR
46573, May 29, 2024.
Affected Public: Individuals and
households.
Estimated Annual Burden: 514 hours.
Estimated Average Burden per
Respondent: 15 minutes.
Frequency of Response: One time.
Estimated Number of Respondents:
2,055.
Authority: 44 U.S.C. 3501 et seq.
Maribel Aponte,
VA PRA Clearance Officer, Office of
Enterprise and Integration, Data Governance
Analytics, Department of Veterans Affairs.
[FR Doc. 2024–17064 Filed 8–1–24; 8:45 am]
BILLING CODE 8320–01–P

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