[Federal Register Volume 87, Number 235 (Thursday, December 8, 2022)]
[Notices]
[Pages 75216-75217]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-26693]


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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 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 January 
9, 2023 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 under the 7 CFR 764 covered by this collection describes the 
policies and procedures that FSA uses to provide supervised credit to 
FLP applicants requesting direct loan assistance to comply with the 
provisions of the Consolidated Farm and Rural Development Act (CONACT; 
Pub. L. 87-128), as amended. Direct loan making information collection 
requirements include financial and production records of the operation, 
as

[[Page 75217]]

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.
    In the Executive Order 14058, the Secretary of Agriculture tasked 
FSA with simplifying the direct loan application process. As such, 
forms FSA-2001, FSA-2002, FSA-2003, FSA-2004, FSA-2005, FSA-2006, FSA-
2037, FSA-2038, FSA-2302, and FSA-2330 have been consolidated into a 
single form for the purposes of direct loan making and that 
consolidation is reflected in this collection.
    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 FSA 
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 and Farms.
    Number of Respondents: 177,394.
    Frequency of Responses: Reporting: On occasion; Annually.
    Total Burden Hours: 295,850.

Ruth Brown,
Departmental Information Collection Clearance Officer.
[FR Doc. 2022-26693 Filed 12-7-22; 8:45 am]
BILLING CODE 3410-05-P