[Federal Register Volume 76, Number 60 (Tuesday, March 29, 2011)]
[Notices]
[Pages 17378-17379]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-7335]


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DEPARTMENT OF AGRICULTURE


Submission for OMB Review; Comment Request

March 24, 2011.
    The Department of Agriculture has submitted the following 
information collection requirement(s) to OMB for review and clearance 
under the Paperwork Reduction Act of 1995, Public Law 104-13. Comments 
regarding (a) whether the 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 burden including the validity of the 
methodology and assumptions used; (c) ways to enhance the quality, 
utility and clarity of the information to be collected; (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 should be addressed to: Desk 
Officer for Agriculture, Office of Information and Regulatory Affairs, 
Office of Management and Budget (OMB), [email protected] or 
fax (202) 395-5806 and to Departmental Clearance Office, USDA, OCIO, 
Mail Stop 7602, Washington, DC 20250-7602. Comments regarding these 
information collections are best assured of having their full effect if 
received within 30 days of this notification. Copies of the 
submission(s) may be obtained by calling (202) 720-8681.
    An agency may not conduct or sponsor a collection of information 
unless the collection of information displays a currently valid OMB 
control number and the agency informs potential persons who are to 
respond to the collection of information that such persons are not 
required to respond to the collection of information unless it displays 
a currently valid OMB control number.

Rural Business-Cooperative Service

    Title: Rural Business Investment Program, 7 CFR 4290.
    OMB Control Number: 0570-0051.
    Summary of Collection: Section 6029 of the Farm Security and Rural 
Investment Act of 2002 (Pub. L. 107-171) amended the Consolidated Farm 
and Rural Development Act (& U.S.C. 2009cc) by adding ``Subtitle H--
Rural Business Investment Program (RBIP). The program is a 
Developmental Venture Capital program for the purpose to promote 
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 with the mission of 
addressing unmet equity investment needs of small enterprises located 
in rural areas. USDA and Small Business Administration signed the 
Economy Act Agreement authorizing SBA to provide ``the day to day'' 
management and operation of the RBIP.

[[Page 17379]]

    Need and Use of the Information: USDA will use the information to 
determine eligibility for participation in the RBIP and evaluate 
whether applicants have accomplished the objectives and fulfilled the 
statutory and regulatory requirements 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.
    Description of Respondents: Business or other for-profit; Not-for-
profit Institutions.
    Number of Respondents: 1.
    Frequency of Responses: Reporting: Quarterly, Annually.
    Total Burden Hours: 112.

Charlene Parker,
Departmental Information Collection Clearance Officer.
[FR Doc. 2011-7335 Filed 3-28-11; 8:45 am]
BILLING CODE 3410-XT-P