[Federal Register Volume 74, Number 70 (Tuesday, April 14, 2009)]
[Notices]
[Pages 17145-17146]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E9-8444]


-----------------------------------------------------------------------

DEPARTMENT OF AGRICULTURE

Rural Utilities Service


Information Collection Activity; Comment Request

AGENCY: Rural Utilities Service, USDA.

ACTION: Notice and request for comments.

-----------------------------------------------------------------------

SUMMARY: In accordance with the Paperwork Reduction Act of 1995 (44 
U.S.C. Chapter 35, as amended), the Rural Utilities Service (RUS) 
invites comments on this information collection for which RUS intends 
to request approval from the Office of Management and Budget (OMB).

DATES: Comments on this notice must be received by June 15, 2009.

FOR FURTHER INFORMATION CONTACT: Michele Brooks, Director, Program 
Development and Regulatory Analysis, USDA Rural Utilities Service, 1400 
Independence Ave., SW., STOP 1522, Room 5162, South Building, 
Washington, DC 20250-1522. Telephone: (202) 690-1078. FAX: (202) 720-
8435. E-mail: [email protected].

SUPPLEMENTARY INFORMATION: The Office of Management and Budget's (OMB) 
regulation (5 CFR 1320) implementing provisions of the Paperwork 
Reduction Act of 1995 (Pub. L. 104-13) requires that interested members 
of the public and affected agencies have an opportunity to comment on 
information collection and recordkeeping activities (see 5 CFR 
1320.8(d)). This notice identifies an information collection that RUS 
is submitting to OMB for extension.
    Comments are invited on: (a) Whether the proposed collection of 
information is necessary 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 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 may be sent to: Michele 
Brooks, Director, Program Development and Regulatory Analysis, USDA 
Rural Utilities Service, STOP 1522, 1400 Independence Ave., SW., 
Washington, DC 20250-1522. FAX: (202) 720-8435. E-mail: 
[email protected].
    Title: Lien Accommodations and Subordinations, 7 CFR 1717, Subparts 
R & S.
    OMB Control Number: 0572-0100.
    Type of Request: Extension of a currently approved collection.
    Abstract: The Rural Electrification Act of 1936 (RE Act), as 
amended (7 U.S.C. 901 et seq.), authorizes and empowers the 
Administrator of Rural Utilities

[[Page 17146]]

Service to make loans in the several United States and Territories of 
the United States for rural electrification and the furnishing of 
electric energy to persons in rural areas who are not receiving central 
station service. The RE Act also authorizes and empowers the 
Administrator of the Agency to provide financial assistance to 
borrowers for purposes provided in the RE Act by accommodating or 
subordinating loans made by the national Rural Utilities Cooperative 
Finance Corporation, the Federal Financing Bank, and other lending 
agencies. Title 7 CFR part 1717, subparts R & S sets forth policy and 
procedures to facilitate and support borrowers' efforts to obtain 
private sector financing of their capital needs, to allow borrowers 
greater flexibility in the management of their business affairs without 
compromising RUS loan security, and to reduce the cost to borrowers, in 
terms of time, expenses and paperwork, of obtaining lien accommodations 
and subordinations. The information required to be submitted would be 
limited to necessary information that would allow the Agency to make a 
determination on the borrower's request to subordinate and accommodate 
their lien with other lenders.
    Estimate of Burden: Public Reporting burden for this collection of 
information is estimated to average 19 hours per response.
    Respondents: Not-for-profit institutions; Business or other for 
profit.
    Estimated Number of Respondents: 15.
    Estimated Number of Responses per Respondent: 1.
    Estimated Total Annual Burden on Respondents: 285 hours.
    Copies of this information collection can be obtained from Gale 
Richardson, Program Development and Regulatory Analysis, at (202) 720-
0992. FAX: (202) 720-8435.
    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: April 8, 2009.
James R. Newby,
Acting Administrator, Rural Utilities Service.
 [FR Doc. E9-8444 Filed 4-13-09; 8:45 am]
BILLING CODE 3410-15-P