[Federal Register Volume 65, Number 22 (Wednesday, February 2, 2000)]
[Notices]
[Pages 5022-5023]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-2210]


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DEPARTMENT OF VETERANS AFFAIRS

[OMB Control No. 2900-0381]


Agency Information Collection Activities Under OMB Review

AGENCY:  Veterans Benefits Administration, Department of Veterans 
Affairs.

ACTION:  Notice.

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SUMMARY:  In compliance with the Paperwork Reduction Act (PRA) of 1995 
(44 U.S.C., 3501 et seq.), this notice announces that the Veterans 
Benefits Administration (VBA), Department of Veterans Affairs, has 
submitted 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; it includes the actual data collection 
instrument.

DATES:  Comments must be submitted on or before March 3, 2000.

FOR FURTHER INFORMATION OR A COPY OF THE SUBMISSION CONTACT:  Denise 
McLamb, Information Management Service (045A4), Department of Veterans 
Affairs, 810 Vermont Avenue, NW, Washington, DC 20420, (202) 273-8030 
or FAX (202) 273-5981. Please refer to ``OMB Control No. 2900-0381.''

SUPPLEMENTARY INFORMATION:
    Title: Notice for Election to Convey and/or Invoice for Transfer of 
Property, VA Form 26-8903.
    OMB Control Number: 2900-0381 .
    Type of Review: Extension of a currently approved collection.
    Abstract: Section 3732 of Title 38, U.S.C., and 38 CFR 
36.4320(a)(1), provides that if a minimum amount for credit to the 
borrower's indebtedness has been specified by VA in relation to the 
sale of the real property and the holder is the successful bidder at 
the sale for no more than the amount specified by the Secretary, the 
holder will credit the indebtedness with that amount. The holder may 
then retain the property, or not later than 15 days after the date of 
sale, advise the Secretary of its election to convey and transfer the 
property to the Secretary. VA Form 26-8903 serves four purposes: 
holder's election to convey; invoice for the purchase price of the 
property; VA's voucher for authorizing payment to the holder; and 
establishment of the VA's property records. The form provides the 
holder, who has elected to convey a property to the VA, with a 
convenient and uniform means of notification to the proper VA regional 
office. This form simplifies processing for lenders/holders who, in 
most instances, operate branch offices statewide and nationwide.
    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 on

[[Page 5023]]

September 28, 1999, at pages 52371-52372.
    Affected Public: Business or other for-profit.
    Estimated Annual Burden: 5,000 hours.
    Estimated Average Burden Per Respondent: 10 minutes.
    Frequency of Response: On occasion.
    Estimated Number of Respondents: 30,000.
    Send comments and recommendations concerning any aspect of the 
information collected to VA's OMB Desk Officer, Allison Eydt, OMB Human 
Resources and Housing Branch, New Executive Office Building, Room 
10235, Washington, DC 20503, (202) 395-4650. Please refer to ``OMB 
Control No. 2900-0381'' in any corespondence.

    Dated: December 28, 1999.

    By direction of the Secretary.
Sandra S. McIntyre,
Management Analyst, Information Management Service.
[FR Doc. 00-2210 Filed 2-1-00; 8:45 am]
BILLING CODE 8320-01-P