[Federal Register Volume 83, Number 248 (Friday, December 28, 2018)]
[Notices]
[Pages 67212-67213]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-28226]


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DEPARTMENT OF AGRICULTURE

Rural Housing Service


Information Collection Activity; Comment Request

AGENCY: Rural Housing Service, USDA.

ACTION: Notice and request for comments.

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SUMMARY: In accordance with the Paperwork Reduction Act of 1995, the 
U.S. Department of Agriculture (USDA) Rural Housing Service (RHS) 
invites comments on this information collection for Analyzing Credit 
Needs and Graduation of Borrowers, for which the Agency intends to 
request approval from the Office of Management and Budget (OMB) will be 
requested.

DATES: Comments on this notice must be received by February 26, 2019.

FOR FURTHER INFORMATION CONTACT: Thomas P. Dickson, Rural Development 
Innovation Center--Regulatory Team 2, USDA, 1400 Independence Avenue 
SW, STOP 1522, Room 5164, South Building, Washington, DC 20250-1522. 
Telephone: (202) 690-4492. Email [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 RHS 
is submitting to OMB for revision.
    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 by any of the following methods:
     Mail: Thomas P. Dickson, Rural Development Innovation 
Center, 1400 Independence Avenue SW, STOP 1522, Room 5164, South 
Building, Washington, DC 20250-1522. Telephone: (202) 690-4492. Email: 
[email protected].
     Federal eRulemaking Portal: Go to https://www.regulations.gov. Follow the instructions for submitting comments.
    Title: 7 CFR part 1951, subpart F, Analyzing Credit Needs and 
Graduation of Borrowers.
    OMB Control Number: 0575-0093.
    Type of Request: Revision of a currently approved information 
collection.
    Abstract: Section 333 of the Consolidated Farm and Rural 
Development Act (CONACT) (7 U.S.C. 1983) requires the Agencies to 
``graduate'' their direct loan borrowers to other credit when they are 
able to do so. Graduation is required because the Government loans are 
not to be extended beyond a borrower's need for subsidized rates or 
Government credit. Borrowers must refinance their direct Government 
loan when other credit becomes available at reasonable rates and terms. 
If other credit is not available, the Agencies will continue to review 
the account for possible graduation at periodic intervals. The 
information collected to carry out these statutory mandates is 
financial data such as amount of income, operating expenses, asset 
values and liabilities. This information collection is then submitted 
by the Agencies to private creditors.
    Estimate of Burden: Public reporting burden for this collection of 
information is estimated to average 2 hours per response.
    Respondents: Public bodies, Not for Profits, or Indian Tribes.
    Estimated Number of Respondents: 575.
    Estimated Number of Responses per Respondent: 1.
    Estimated Total Annual Burden on Respondents: 585.
    Estimated Total Annual Burden on Respondents: 1,160.
    Copies of this information collection can be obtained from Robin M. 
Jones, Innovation Center, at (202) 772-1172, Email: 
[email protected].

[[Page 67213]]

    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: December 20, 2018.
Curtis M. Anderson,
Acting Administrator, Rural Housing Service.
[FR Doc. 2018-28226 Filed 12-27-18; 8:45 am]
BILLING CODE 3410-XY-P