[Federal Register Volume 75, Number 209 (Friday, October 29, 2010)]
[Proposed Rules]
[Pages 66699-66700]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-27227]


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DEPARTMENT OF AGRICULTURE

Farm Service Agency

7 CFR Parts 761, 763, and 764

RIN 0560-AI03


Farm Loan Programs Loan Making Activities; Correction

AGENCY: Farm Service Agency, USDA.

ACTION: Proposed rule; correction.

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SUMMARY: This document contains a correction to the proposed rule 
titled ``Farm Loan Programs Loan Making Activities'' that was published 
September 23, 2010. The Farm Service Agency (FSA) is correcting the 
Paperwork Reduction Act information since the information collection 
statement for special direct loan servicing was inadvertently omitted 
from the proposed rule.

DATES: We will consider comments on the rule that we receive by 
November 22, 2010.

FOR FURTHER INFORMATION CONTACT: Connie Holman, Senior Loan Officer, 
USDA FSA LMD, STOP 0522, 1400 Independence Avenue, SW., Washington, DC 
20250-0522, (202) 690-0756; fax: (202) 720-6797; e-mail: 
[email protected]. Persons with disabilities or who require 
alternative means for communication (Braille, large print, audio tape, 
etc.) should contact the USDA Target Center at (202) 720-2600 (voice 
and TDD).

SUPPLEMENTARY INFORMATION: On September 23, 2010, FSA published a 
proposed rule (75 FR 57866-57880) to implement four provisions of the 
Food, Conservation, and Energy Act of 2008 (2008 Farm Bill). There was 
an inadvertent omission of the Paperwork Reduction Act information for 
special direct loan servicing in the document. Although the proposed 
rule does not propose any changes to the 7 CFR part 766, the changes in 
the proposed rule for equine loans would require use of the forms 
currently approved for uses related to 7 CFR part 766. Therefore, FSA 
needs to correct the following information add to the proposed rule 
published on September 23, 2010.

Correction

    On page 57873, the following correction replaces the third 
sentences in the first paragraph under the heading

[[Page 66700]]

``Paperwork Reduction Act'': The new information collection requests 
for Farm Loan Programs, General Administration; Direct Loan Making; 
regular Direct Loan Servicing; and special Direct Loan Servicing all 
result from expanding eligibility for EM to cover equine losses; and 
when approved will be incorporated into the existing approved ICRs (of 
the same titles) that will be up for a renewal this year.
    On page 57874, add the following immediately following the 
Paperwork Reduction Act information for the ``Direct Loan Servicing--
Regular'' (column 3, above the request for comments):
    Title: Direct Loan Servicing--Special.
    OMB Control Number: 0560-NEW.
    Type of Request: New Collection.
    Abstract: This information collection is required to support the 
proposed regulatory changes that include equine losses as eligible for 
EM. Some of the same information collection activities that will be 
used are currently approved for 7 CFR part 766, Direct Loan Servicing--
Special, which establishes the requirements related to special 
servicing actions associated with direct loans including emergency 
loans. Emergency loan applicants tend to pose a higher economic risk of 
loss than those operations financed by commercial creditors. 
Information collections established in the regulations are necessary 
for FSA to actively supervise and provide credit counseling, management 
advice, and financial guidance.
    Estimate of Burden: Public reporting for this collection of 
information is estimated to average 47 minutes per response.
    Type of Respondents: Individuals or households, businesses or other 
for profit, and farms.
    Estimated Number of Respondents: 7.
    Estimated Number of Responses per Respondent: 2.5.
    Estimated Total Annual Number of Responses: 18.
    Estimated Total Annual Burden on Respondents: 26 hours.
    Once this information collection request is approved, FSA will 
incorporate this collection into existing collections package 0560-
0233.

    Signed in Washington, DC, on October 21, 2010.
 Jonathan W. Coppess,
Administrator, Farm Service Agency.
[FR Doc. 2010-27227 Filed 10-28-10; 8:45 am]
BILLING CODE 3410-05-P