[Federal Register Volume 68, Number 202 (Monday, October 20, 2003)]
[Notices]
[Pages 59948-59949]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-26407]


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DEPARTMENT OF THE INTERIOR

Bureau of Indian Affairs


Loan Guaranty, Insurance and Interest Subsidy, 25 CFR Part 103

AGENCY: Bureau of Indian Affairs, Interior.

ACTION: Notice of submission of information collection to the Office of 
Management and Budget.

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[[Page 59949]]

SUMMARY: In compliance with the Paperwork Reduction Act of 1995, the 
Bureau of Indian Affairs (BIA) is submitting the information collection 
titled 25 CFR part 103, Loan Guaranty, Insurance, and Interest Subsidy, 
OMB Control Number 1076-0020, for renewal. We are renewing the 
collection for Loan Guaranty, Insurance, and Interest Subsidy whose 
clearance expires October 31, 2003. Otherwise, the collection of this 
information would be prohibited.

DATES: Submit comments on or before November 19, 2003.

ADDRESSES: You may submit comments on the information collection to the 
Desk Officer for Department of the Interior at OMB, either by facsimile 
at (202) 395-6566, or you may send an e-mail to: OIRA--DOCKET@ 
omb.eop.gov.
    Please send a copy of your comments to Ray Brown, Chief, Division 
of Financial Assistance, Office of Tribal Services, Bureau of Indian 
Affairs, Department of the Interior, 1849 C St., NW., Mail Stop 2412-
MIB, Washington, DC 20240.

FOR FURTHER INFORMATION CONTACT: You may request further information or 
obtain copies of the information collection request submission from 
David Johnson, Solicitor, 1849 C Street, NW., Washington, DC 20240 or 
by telefacsimile at (202) 208-7419.

SUPPLEMENTARY INFORMATION: The purpose of the Loan Guaranty, Insurance, 
and Interest Subsidy Program, 25 U.S.C. 1481 et seq. and 25 U.S.C. 1511 
et seq., is to encourage private lending to individual Indians and 
organizations of Indians, by providing lenders with loan guaranties or 
loan insurance to reduce their potential risk. Lenders, borrowers, and 
the loan purpose all must qualify under Program terms. In addition, the 
Secretary of the Interior must be satisfied that there is a reasonable 
prospect that the loan will be repaid. BIA collects information under 
the proposed regulations to assure compliance with Program 
requirements. A request for comments on this information collection 
request appeared in the Federal Register on June 10, 2003 (68 FR 
34640). No comments were received.
    Request for Comments: The Bureau of Indian Affairs requests you to 
send your comments on this collection to the locations listed in the 
ADDRESSES section. Your comments should address: (a) The necessity of 
this information collection for the proper performance of the functions 
of the agency, including whether the information will have practical 
utility; (b) the accuracy of the agency's estimate of the burden (hours 
and cost) of the collection of information, including the validity of 
the methodology and assumptions used; (c) ways we could enhance the 
quality, utility and clarity of the information to be collected; and 
(d) ways we could minimize the burden of the collection of the 
information on the respondents, such as through the use of automated 
collection techniques or other forms of information technology.
    Please note that an agency may not sponsor or request, and an 
individual need not respond to, a collection of information unless it 
has a valid OMB Control Number.
    It is our policy to make all comments available to the public for 
review at the Bureau of Indian Affairs location listed in the ADDRESSES 
section, room 2412, during the hours of 9 a.m. to 5 p.m. EST, Monday 
through Friday except for legal holidays. If you wish to have your name 
and/or address withheld, you must state this prominently at the 
beginning of your comments. We will honor your request according to the 
requirements of the law. All comments from organizations or 
representatives will be available for review. We may withhold comments 
from review for other reasons.
    OMB Approval Number: 1076-0020.
    Title: 25 CFR 103, Loan Guaranty, Insurance, and Interest Subsidy.
    Brief Description of collection: The Loan Guaranty, Insurance, and 
Interest Subsidy Program (Program) was established by the Act of April 
12, 1974, as amended, 88 Stat. 79, 25 U.S.C. 1481 et seq. and 25 U.S.C. 
1511 et seq. The Program has existed since 1974 and the regulations 
implementing it have existed since 1975, with significant revision in 
2001. It is necessary to collect information from users of this program 
in order to determine eligibility and credit worthiness of Indian 
applicants for loans. Submission of this information is mandatory for 
respondent to receive or maintain a benefit.
    Type of review: Renewal.
    Respondents: Commercial banks.
    Number of Respondents: 84.
    Estimated Time per Response: \1/4\ hour to 2 hours.
    Frequency of Response: As needed.
    Total Annual Responses: 852.
    Total Annual Burden to Respondents: 519 hours.

    Dated: September 29, 2003.
Aurene M. Martin,
Principal Deputy Assistant Secretary--Indian Affairs.
[FR Doc. 03-26407 Filed 10-17-03; 8:45 am]
BILLING CODE 4310-XN-P