[Federal Register Volume 86, Number 62 (Friday, April 2, 2021)]
[Notices]
[Pages 17350-17351]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-06825]


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DEPARTMENT OF AGRICULTURE

Commodity Credit Corporation

Farm Service Agency

[Docket ID: FSA-2021-0004]


Information Collection Request; Representation for CCC and FSA 
Loans and Authorization To File a Financing Statement

AGENCY: Commodity Credit Corporation and Farm Service Agency, USDA.

ACTION: Notice and request for comments.

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SUMMARY: In accordance with the Paperwork Reduction Act of 1995, the 
Commodity Credit Corporation (CCC) and the Farm Service Agency (FSA) 
are requesting comments from all interested individuals and 
organizations on an extension and revision of a currently approved 
information collection that supports CCC and FSA loan programs. The 
information collection is necessary to gather data regarding the 
applicant which is required on a financing statement, and to obtain the 
applicant's permission to file a financing statement prior to the 
execution of a security agreement.

DATES: We will consider comments we receive by June 1, 2021.

ADDRESSES: We invite you to submit comments on this notice. In your 
comment, include date, volume, and page number of this issue of the 
Federal Register. You may submit comments by any of the following 
methods:
     Federal eRulemaking Portal: Go to: www.regulations.gov and 
search for Docket ID FSA-2021-0004. Follow the online instructions for 
submitting comments.
     Mail, Hand-Delivery, or Courier: Angela Payton, 
Agricultural Program Specialist, USDA, FSA, Stop 0512, 1400

[[Page 17351]]

Independence Avenue SW, Washington, DC 20250.
    You may also send comments to the Desk Officer for Agriculture, 
Office of Information and Regulatory Affairs, Office of Management and 
Budget, Washington, DC 20503. Comments will be available for inspection 
online at http://www.regulations.gov.
    Copies of the information collection may be requested by contacting 
Angela Payton at the phone number below or the above address.

FOR FURTHER INFORMATION CONTACT: For specific questions related to 
collection activities, contact Angela Payton at (202) 720-0482 (voice); 
or, by email at: [email protected]. Persons with disabilities who 
require alternative means for communication should contact the USDA 
Target Center at (202) 720-2600 (voice).

SUPPLEMENTARY INFORMATION:
    Title: Representations for Commodity Credit Corporation or Farm 
Service Agency Loans and Authorization to File a Financing Statement 
and Related Documents.
    OMB Control Number: 0560-0215.
    Expiration Date of Approval: July 31, 2021.
    Type of Request: Extension with a revision.
    Abstract: Form CCC-10, ``Representations for Commodity Credit 
Corporation or Farm Service Agency Loans and Authorization to File a 
Financing Statement and Related Documents'' is necessary to:
    (a) Gather or verify basic data, provided by a CCC or FSA loan 
applicant, that is required on a financing statement filed by CCC or 
FSA to perfect a security interest in collateral used to secure a loan; 
and
    (b) Obtain applicant permission to file a financing statement prior 
to the execution of a security agreement.
    FSA's Farm Loan Programs (FLP) uses the CCC-10 when a nonapplicant 
third party pledges the full value of chattel security to FSA as 
adequate security required for an FLP loan.
    FSA increased the number of respondents by 1,766 and the burden 
hours increased by 147. The applicants who are applying for farm loans 
to pledge security for a loan have increased since the last request. 
CCC's Marketing Assistance Loan and Farm Storage Facility Loan programs 
are exempted from Paperwork Reduction Act.
    For the following estimated total annual burden on respondents, the 
formula used to calculate the total burden hours is the estimated 
average time per response multiplied by the estimated total annual of 
responses.
    Estimated Annual Burden: The public reporting burden for this 
information collection is estimated to average 5 minutes per response 
(0.08 of an hours).
    Respondents: Individual producers and farming entities.
    Estimated Number of Respondents: 3,822.
    Estimated Number of Responses per Respondent: 1.
    Estimated Total Annual Response: 812.
    Estimated Average Time per Response: 0.08 (average 5 minutes).
    Estimated Total Annual Burden on Respondents: 385.
    We are requesting comments on all aspects of this information 
collection to help us to:
    (1) Evaluate 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;
    (2) Evaluate the accuracy of the agency's estimate of the burden of 
the collection of information, including the validity of the 
methodology and assumptions used;
    (3) Evaluate the quality, ability and clarity of the information 
technology; and
    (4) Minimize the burden of the information collection on those who 
respond through the use of appropriate automated, electronic, 
mechanical, or other technological collection techniques or other forms 
of information.
    All responses to this notice, including names and addresses when 
provided, will be summarized and included in the request for OMB 
approval. All comments will also become a matter of public record.

Steven Peterson,
Acting Administrator, Farm Service Agency.
[FR Doc. 2021-06825 Filed 4-1-21; 8:45 am]
BILLING CODE 3410-05-P