[Federal Register Volume 80, Number 245 (Tuesday, December 22, 2015)]
[Notices]
[Pages 79557-79558]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-32169]


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DEPARTMENT OF AGRICULTURE

Rural Utility Service


Submission for OMB Review; Comment Request

December 16, 2015.
    The Department of Agriculture has submitted the following 
information collection requirement(s) to Office of Management and 
Budget (OMB) for review and clearance under the Paperwork Reduction Act 
of 1995, Public Law 104-13. Comments regarding (a) whether the 
collection of

[[Page 79558]]

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, New Executive 
Office Building, 725--17th Street NW., Washington, DC 20502. Commenters 
are encouraged to submit their comments to OMB via email to: 
[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 Utilities Service

    Title: Request for Approval to Sell Capital Assets.
    OMB Control Number: 0572-0020.
    Summary of Collection: The Rural Utilities Service (RUS) is a 
credit agency of the U.S. Department of Agriculture (USDA). It makes 
mortgage loans and loan guarantees to finance electric, 
telecommunications, and water and waste facilities in rural areas. In 
addition to providing loans and loan guarantees, one of RUS' main 
objectives is to safeguard loan security until the loan is repaid. 
Accordingly, RUS manages loan programs in accordance with the Rural 
Electrification Act of 1936, 7 U.S.C. 901 et.seq., as amended, (RE ACT) 
and as prescribed by Office of Management and Budget (OMB) Circular A-
129, Policies for Federal Credit Programs and Non-Tax Receivables, 
which states that agencies must, based on a review of a loan 
application, determine that an applicant complies with statutory, 
regulatory, and administrative eligibility requirements for loan 
assistance.
    Need and Use of the Information: RUS borrower will use form 369, 
Request for Approval to Sell Capital Assets, to seek agency permission 
to sell some of its assets. The form is used to collect detailed 
information regarding the proposed sale of a portion of the borrowers 
systems. RUS will collect information to determine whether or not the 
agency should approve a sale and also to keep track of what property 
exists to secure the loan. If the information in Form 369 is not 
collected when capital assets are sold, the capital assets securing the 
Government's loans could be liquidated and the Government's security 
either eliminated entirely or diluted to an undesirable level.
    Description of Respondents: Not-for-profit institutions; Business 
or other for-profit.
    Number of Respondents: 5.
    Frequency of Responses: Recordkeeping; Reporting: On occasion.
    Total Burden Hours: 15.

Charlene Parker,
Departmental Information Collection Clearance Officer.
[FR Doc. 2015-32169 Filed 12-21-15; 8:45 am]
 BILLING CODE 3410-15-P