[Federal Register Volume 87, Number 209 (Monday, October 31, 2022)]
[Notices]
[Pages 65568-65569]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-23595]


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DEPARTMENT OF AGRICULTURE


Submission for OMB Review; Comment Request

    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 
are required regarding; whether the

[[Page 65569]]

collection of information is necessary for the proper performance of 
the functions of the agency, including whether the information will 
have practical utility; the accuracy of the agency's estimate of burden 
including the validity of the methodology and assumptions used; ways to 
enhance the quality, utility and clarity of the information to be 
collected; and 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 regarding this information collection received by November 
30, 2022 will be considered. Written comments and recommendations for 
the proposed information collection should be submitted within 30 days 
of the publication of this notice on the following website 
www.reginfo.gov/public/do/PRAMain. Find this particular information 
collection by selecting ``Currently under 30-day Review--Open for 
Public Comments'' or by using the search function.
    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.

Farm Service Agency

    Title: 7 CFR 764, Direct Loan Making.
    OMB Control Number: 0560-0237.
    Summary of Collection: The Farm Loan Program (FLP) in the Farm 
Service Agency (FSA) provides loans to family farmers to purchase real 
estate and equipment and finance agricultural production. The 
regulation as specified in 7 CFR 764 covered by this collection 
describes the policies and procedures the agency uses to provide 
supervised credit to FLP applicants requesting direct loan assistance 
in accordance with the provisions of the Consolidated Farm and Rural 
Development Act (CONTACT) (Pub. L. 87-128), as amended. Direct loan 
making information collection requirements include financial and 
production records of the operation, as well as information necessary 
to obtain liens on collateral, provide evidence of the indebtedness, 
and ensure repayment of the loan. FSA will use several forms and non-
forms to collect the information.
    Need and Use of the Information: Information is submitted by the 
applicants to the local agency office serving the county in which their 
business is headquartered. The information is necessary to thoroughly 
evaluate the applicant's request for a direct loan and is used by 
agency officials to: (1) Ensure that cash flow projections used in 
determining loan repayment are based on the actual production history 
of the operation, (2) Ensure that a loan is adequately secured; (3) 
Ensure the applicant meets the statutorily established program 
eligibility requirements; and (4) Obtain assignment on income or sales 
proceeds, when appropriate, to ensure timely repayment of the loans.
    Since the agency is mandated to provide supervised credit, failure 
to collect the information, or collecting it less frequently, could 
result in the failure of the farm operation or loss of agency security 
property.
    Description of Respondents: Business or other for-profit; Farms.
    Number of Respondents: 184,871.
    Frequency of Responses: Reporting: On occasion; Annually.
    Total Burden Hours: 285,272.

Ruth Brown,
Departmental Information Collection Clearance Officer.
[FR Doc. 2022-23595 Filed 10-28-22; 8:45 am]
BILLING CODE 3410-05-P