Request for Approval to Sell Capital Assets

Forms and Documents

Document Name	Status
Form 369 Request for Approval to Sell Capital Assets Form	Modified
PRA 60 Day Notice 0570 0020 2025 06 18.docx Supplementary Document	2025-12-16
0572-0020 Supp Statement 121525.docx Supporting Statement A	2025-12-16
BH 0572 0020 2025 06 18.xlsm Supplementary Document	2025-12-15
0572-0020 60 day notice FR.pdf Supplementary Document	2025-12-15

IC Document Collections

IC ID	Document Title	Status
1765	Request for Approval to Sell Capital Assets Form	Modified

ICR Details

OMB Control No: 0572-0020	ICR Reference No: 202512-0572-004
Status: Received in OIRA	Previous ICR Reference No: 202204-0572-001
Agency/Subagency: USDA/RUS	Agency Tracking No:
Title: Request for Approval to Sell Capital Assets
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular	Date Submitted to OIRA: 01/14/2026

	Requested	Previously Approved
Expiration Date	36 Months From Approved	01/31/2026
Responses	81	33
Time Burden (Hours)	168	165
Cost Burden (Dollars)	0	0

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Abstract: A borrower's assets provide the security for a Government loan. Selling of assets reduces the security and increases the risk to the Government. RUS Form 369 allows the borrowers to seek agency permission to sell some of its assets.

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Authorizing Statute(s): US Code: 7 USC 901 Name of Law: RE 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:
	90 FR 40053	10/17/2025
30-day Notice:	Federal Register Citation:	Citation Date:
	91 FR 1497	01/14/2026
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
Request for Approval to Sell Capital Assets	369	Request for Approval to Sell Capital Assets

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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	81	33	0	48	0	0
Annual Time Burden (Hours)	168	165	0	3	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

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

Burden Reduction Due to:

Short Statement: The increase in burden cost for this collection is due to updating the package to account for all items required from the regulation and the professional wage rate was updated to use most current data, and the number of respondents increasing from 33 to 35.

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Annual Cost to Federal Government: $16,166

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: 01/14/2026

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