[Federal Register Volume 75, Number 19 (Friday, January 29, 2010)]
[Notices]
[Pages 4838-4839]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-1789]


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DEPARTMENT OF THE INTERIOR

Bureau of Indian Affairs


Renewal of Agency Information Collection for Loan Guaranty, 
Insurance, and Interest Subsidy Program

AGENCY: Bureau of Indian Affairs, Interior.

ACTION: Notice of request for comments.

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SUMMARY: The Department of the Interior (DOI), Office of Indian Energy 
and Economic Development (IEED) is seeking comments on renewal of 
Office of Management and Budget (OMB) approval, pursuant to the 
Paperwork Reduction Act, for the collection of information for the Loan 
Guaranty, Insurance, and Interest Subsidy Program. The information 
collection is currently authorized by OMB Control Number 1076-0020, 
which expires April 30, 2010. The information collection allows IEED to 
ensure compliance with Program requirements and includes the use of 
several forms.

DATES: Interested persons are invited to submit comments on or before 
March 30, 2010.

ADDRESSES: You may submit comments on the information collection to and

[[Page 4839]]

obtain copies of the revised forms from Molly Kubiak, Office of Indian 
Energy and Economic Development, U.S. Department of the Interior, 1951 
Constitution Ave., NW., Mail Stop 20-SIB, Washington, DC 20245; 
facsimile: (202) 208-4564; or e-mail: [email protected].

FOR FURTHER INFORMATION CONTACT: Molly Kubiak, (202) 208-0121.

SUPPLEMENTARY INFORMATION:

I. Abstract

    IEED is seeking renewal of the approval for the information 
collection conducted under 25 CFR 103, implementing the Loan Guaranty, 
Insurance, and Interest Subsidy Program, established by 25 U.S.C 1481 
et seq. Approval for this collection expires April 30, 2010. The 
information collection allows IEED determine the eligibility and 
credit-worthiness of respondents and loans and otherwise ensure 
compliance with Program requirements. This information collection 
includes the use of several forms to be revised, including: 5-4753 Loan 
Guaranty Agreement, 5-4754 Loan Insurance Agreement, 5-4754a Notice of 
Insured Loan, 5-4755 Request to BIA for Loan Guaranty, Loan Insurance, 
and/or Interest Subsidy, 5-4749 Interest Subsidy Report, 5-4759 
Assignment of Loan Documents and Related Rights, 5-4760a Notice of 
Default, and 5-4760b Claim for Loss. The revision will change these 
forms to: 5-4753 Loan Guaranty Agreement, 5-4754 Loan Insurance 
Agreement, 5-4754a Notice of Insured Loan, 5-4755 Request for Indian 
Affairs Loan Guaranty, Loan Insurance, and/or Interest Subsidy, 5-4749 
Interest Subsidy Report, 5-4759 Assignment of Loan Documents and 
Related Rights, 5-4760a Notice of Default, and 5-4760b Claim for Loss. 
No third party notification or public disclosure burden is associated 
with this collection. There is no change to the approved burden hours 
for this information collection, but IEED is revising several of the 
forms.

II. Request for Comments

    The Department requests that you send your comments on this 
collection to the location listed in the ADDRESSES section. Your 
comments should address: (a) The necessity of the information 
collection for the proper performance of the agencies, including 
whether the information will have practical utility; (b) the accuracy 
of our 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 conduct, and an 
individual need not respond to, a collection of information unless it 
has a valid OMB Control Number. This information collection expires 
April 30, 2010.
    It is our policy to make all comments available to the public for 
review at the location listed in the ADDRESSES section during the hours 
of 9 a.m.-5 p.m., Eastern Time, Monday through Friday except for legal 
holidays. Before including your address, phone number, e-mail address 
or other personally identifiable information, be advised that your 
entire comment--including your personally identifiable information--may 
be made public at any time. While you may request that we withhold your 
personally identifiable information, we cannot guarantee that we will 
be able to do so.

III. Data

    OMB Control Number: 1076-0020.
    Title: Loan Guaranty, Insurance, and Interest Subsidy, 25 CFR 103.
    Brief Description of Collection: Submission of this information 
allows IEED to implement the Loan Guaranty, Insurance, and Interest 
Subsidy Program, 25 U.S.C. 1481 et seq., the purpose of which is to 
encourage private lending to individual Indians and Indian 
organizations by providing lenders with loan guarantees or loan 
insurance to reduce their potential risk. The information collection 
allows IEED determine the eligibility and credit-worthiness of 
respondents and loans and otherwise ensure compliance with Program 
requirements. This information collection includes the use of several 
forms. Response is required to obtain a benefit.
    Type of Review: Revision of a currently approved collection.
    Respondents: Commercial banks and Individual Indians and Indian 
organizations.
    Number of Respondents: 350.
    Total Number of Responses: 1,527.
    Frequency of Response: As needed.
    Estimated Time per Response: 2 hours.
    Estimated Total Annual Burden: 3,054 hours.
    Total Annual Cost to Respondents: $60,280.

    Dated: January 25, 2010.
Alvin Foster,
Chief Information Officer--Indian Affairs.
[FR Doc. 2010-1789 Filed 1-28-10; 8:45 am]
BILLING CODE 4310-4J-P