Notice of Request for Revision of a Currently Approved Information Collection
| Published date | 14 April 2020 |
| Citation | 85 FR 20662 |
| Record Number | 2020-07754 |
| Section | Notices |
| Court | Agriculture Department,Rural Housing Service |
Federal Register, Volume 85 Issue 72 (Tuesday, April 14, 2020)
[Federal Register Volume 85, Number 72 (Tuesday, April 14, 2020)]
[Notices]
[Page 20662]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-07754]
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Notices
Federal Register
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This section of the FEDERAL REGISTER contains documents other than rules
or proposed rules that are applicable to the public. Notices of hearings
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Federal Register / Vol. 85, No. 72 / Tuesday, April 14, 2020 /
Notices
[[Page 20662]]
DEPARTMENT OF AGRICULTURE
Rural Housing Service
[Docket No. RHS-20-NONE-00010]
Notice of Request for Revision of a Currently Approved
Information Collection
AGENCY: Rural Housing Service, USDA.
ACTION: Notice; comment requested.
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SUMMARY: In accordance with the Paperwork Reduction Act of 1995, this
notice announces the intention of the above-named Agency to request
Office of Management and Budget's (OMB) approval for a revision of a
currently approved information collection in support of the servicing
of Loan Programs.
DATES: Comments on this notice must be received by June 15, 2020 to be
assured of consideration.
FOR FURTHER INFORMATION CONTACT: Arlette Mussington, Rural Development
Innovation Center--Regulations Management Division, USDA, 1400
Independence Avenue SW, Room 4227, South Building, Washington, DC
20250-1522. Telephone: (202) 720-2825. 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 the Agency
is submitting to OMB for extension.
Comments
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 the Federal eRulemaking Portal: Go to
http://www.regulations.gov and, in the Search box, type the docket no.
RHS-20-NONE-0010 to submit or view public comments and to view
supporting and related materials available electronically. Information
on using Regulations.gov, including instructions for accessing
documents, submitting comments, and viewing the docket after the close
of the comment period, is available through the site's ``User Tips''
link.
Title: Form RD 3550-28, Authorization Agreement for Preauthorized
Payments, Form RD 1951-65, Customer Initiated Payments (CIP), and Form
RD 1951-66, FedWire Worksheet.
OMB Number: 0575-0184.
Expiration Date of Approval: March 31, 2021
Type of Request: Revision of a currently approved information
collection.
Abstract: Rural Development uses electronic methods (Customer
Initiated Payments [CIP], FedWire, and Preauthorized Debits [PAD]) for
receiving and processing loan payments and collections. These
electronic collection methods provide a means for Rural Development
borrowers to transmit loan payments from their financial institution
(FI) accounts to Rural Development's Treasury Account and receive
credit for their payments.
To administer these electronic loan collection methods, Rural
Development collects the borrower's FI routing information (routing
information includes the FI routing number and the borrower's account
number). Rural Development uses Agency approved forms for collecting
bank routing information for CIP, FedWire, and PAD.
Estimate of Burden: Public reporting burden for this collection of
information is estimated to average .25 hours per response. Each Rural
Development borrower who elects to participate in electronic loan
payments will only prepare one response for the life of their loan
unless they change financial institutions or accounts.
This revision reflects a 969 increase in responses and a 1,643
decrease in burden hours. This is due to an increase in respondents for
the housing program and a decrease in completion of Forms 3550-28/A.
Respondents: Business or other for-profit; Not-for-profit
institutions; and State, Local, or Tribal Government.
Estimated Number of Respondents: 9,598.
Estimated Number of Responses per Respondent: 1.
Estimated Number of Responses: 9,598.
Estimated Total Annual Burden on Respondents: 2,399.50 hours.
Copies of this information collection can be obtained from Arlette
Mussington, Innovation Center--Regulations Management Division, at
(202) 720-2825. Email: [email protected].
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.
Bruce W. Lammers,
Administrator, Rural Housing Service.
[FR Doc. 2020-07754 Filed 4-13-20; 8:45 am]
BILLING CODE 3410-XV-P
