[Federal Register Volume 72, Number 132 (Wednesday, July 11, 2007)]
[Notices]
[Pages 37700-37701]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E7-13394]


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DEPARTMENT OF AGRICULTURE

Rural Business-Cooperative Service


Notice of Request for Extension of a Currently Approved 
Information Collection

AGENCY: Rural Business-Cooperative Service, USDA.

ACTION: Proposed collection; comments requested.

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SUMMARY: In accordance with the Paperwork Reduction Act of 1995, this 
notice announces the Rural Housing Service's intention to request an 
extension for a currently approved information collection in support of 
the program for 7 CFR part 4290.

DATES: Comments on this notice must be received by September 10, 2007 
to be assured of consideration.

FOR FURTHER INFORMATION CONTACT: Michael Foore, Program Advisor, Rural 
Development, Business and Cooperative Programs, 1400 Independence Ave.,

[[Page 37701]]

SW., Stop 3201, Washington, DC 20250-3201, Telephone: (202) 690-4730.

SUPPLEMENTARY INFORMATION:
    Title: ``Rural Business Investment Program''.
    OMB Number: 0570-0051.
    Expiration Date of Approval: December 31, 2007.
    Type of Request: Extension of a currently approved information 
collection.
    Abstract: The Rural Business Investment Program ``RBIP'') is a 
Developmental Venture Capital program for the purpose of promoting 
economic development and the creation of wealth and job opportunities 
in Rural Areas and among individuals living in such areas through the 
licensing of Rural Business Investment Companies (``RBICs'').
    The information USDA seeks to collect is critical to the integrity 
of the process for selecting RBICs for participation in the RBIP and to 
the accomplishment of the objectives of the RBIP. Without this 
collection of information, USDA would be unable to meet the 
requirements of the Act and effectively administer the RBIP, ensuring 
safety and soundness.
    Estimate of Burden: Public reporting burden for this collection of 
information is estimated to average 10 hours per respondent.
    Respondents: Newly established, for-profit entities applying for 
RBIC licensure) and licensed RBICs (venture capital companies approved 
by USDA to participate in the RBIP).
    Estimated Number of Respondents: 108.
    Estimated Number of Responses per Respondent: 6.
    Estimated Number of Responses: 612.
    Estimated Total Annual Burden on Respondents: 6,689.
    Copies of this information collection can be obtained from Cheryl 
Thompson, Regulations and Paperwork Management Branch, Support Services 
Division at (202) 692-0043.

Comments

    Comments are invited on: (a) Whether the proposed collection of 
information is necessary for the proper performance of the functions of 
USDA, including whether the information will have practical utility; 
(b) the accuracy of USDA's estimate of the burden of the proposed 
collection of information including the validity of the methodology and 
assumptions used; (c) ways to enhance the quality, utility and clarity 
of the information to be collected; and (d) ways to minimize the burden 
of the collection of information on those who are to respond, including 
through the use of appropriate automated, electronic, mechanical, or 
other technological collection techniques or other forms of information 
technology. Comments on this information collection may be submitted by 
any of the following methods:
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments.
     Mail: Submit written comments via the U.S. Postal Service 
to the Branch Chief, Regulations and Paperwork Management Branch, U.S. 
Department of Agriculture, STOP 0742, 1400 Independence Avenue, SW., 
Washington, DC 20250-0742.
     Hand Delivery/Courier: Submit written comments via Federal 
Express Mail or other courier service requiring a street address to the 
Branch Chief, Regulations and Paperwork Management Branch, U.S. 
Department of Agriculture, 300 7th Street, SW., 7th Floor, Washington, 
DC 20024.
    All responses to this notice will be summarized and included in the 
request for OMB approval. All comments will also become a matter of 
public record.

    Dated: July 3, 2007.
Ben Anderson,
Acting Administrator, Rural Business-Cooperative Service.
[FR Doc. E7-13394 Filed 7-10-07; 8:45 am]
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