OneRD Guaranteed Loan Program

Forms and Documents

Document Name	Status

No forms / supporting documents in this ICR. Check IC Document Collections.

IC Document Collections

IC ID	Document Title	Status
240745	OneRD Guarantee Loan Program	New

ICR Details

OMB Control No: 0572-0155	ICR Reference No: 202003-0572-003
Status: Historical Inactive	Previous ICR Reference No:
Agency/Subagency: USDA/RUS	Agency Tracking No:
Title: OneRD Guaranteed Loan Program
Type of Information Collection: New collection (Request for a new OMB Control Number)	Common Form ICR:  No
Type of Review Request: Emergency	Approval Requested By: 06/17/2020
OIRA Conclusion Action: Preapproved	Conclusion Date: 06/23/2020
	Date Received in OIRA: 06/17/2020
Terms of Clearance: In accordance with 5 CFR 1320.13, this information collection is pre-approved for 6 months as an emergency clearance to meet new requirements from OneRD Guaranteed Loan regulation. If the Agency decides to continue use of this collection past the approved emergency clearance time period, it must resubmit an ICR to OMB under the normal PRA clearance process and include responses to any public comments it has received. Please note that after the 60-Day comment period closes, RD will submit the collection package for a 1-year approval if the new IT system is not already built, and a 3-year approval if it is.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	12/31/2020	6 Months From Approved
Responses	12,380	0	0
Time Burden (Hours)	50,242	0	0
Cost Burden (Dollars)	0	0	0

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Abstract: Rural Development is implementing a new consolidated guaranteed loan platform. The new guaranteed loan platform would combine the following four existing guaranteed loan regulations into a consolidate rule: (1) the Community Facility Program, (2) the Water and Waste Disposal Program, (3) the Business and Industry Program, and (4) the Renewable Energy Systems and Energy Efficiency Improvements Program under Title IX, Section 9006 of the Farm Security and Rural Investment Act of 2002 (FSRIA 2002). These programs provide loan guarantees for a variety of projects intended to improve the economies of rural America. The following is an update to the Emergency Justification: The rule will become effective 90 days from the date of publication in the Federal Register. Therefore, in order to ensure that any Information Collection and Recordkeeping activities are approved on the effective date, RD is requesting emergency approval of the new information collection in coordination with OMB clearance of the associated rulemaking. As the use of normal clearance procedures is likely to prevent or disrupt the collection of information from borrowers, the 60-Day notice for comments is embedded in the Final rule with request for comments. Due to the need to consider comments received and then issue another notice for the Federal Register for an additional thirty days of comment, RD would not be able to complete the information collection process before the OneRD rule takes effect with the beginning of FY21. The OneRD rule that harmonizes to the maximum practical extent the regulations for implementing these four separate loan guarantee programs; the associated reduction in burden is maximized if the rule takes effect with the beginning of a fiscal year. Please note that after the 60-Day comment period closes, RD will submit the collection package for a 1-year approval if the new IT system is not already built, and a 3-year approval if it is. Either way, RD will address any comments received with the subsequent.

Emergency Justfication: The rule will become effective 90 days from the date of publication in the Federal Register. Therefore, in order to ensure that any Information Collection and Recordkeeping activities are approved on the effective date, RD is requesting emergency approval of the new information collection in coordination with OMB clearance of the associated rulemaking, As the use of normal clearance procedures is likely to prevent or disrupt the collection of information from borrowers, the 60-Day notice for comments is embedded in the Final rule; request for comments. Due to the need to consider comments received and then issue another notice for the Federal Register for an additional thirty days of comment, RD would not be able to complete the information collection process before potential distressed borrowers need servicing actions. Failure to collect proper information from borrowers could result in improper determinations of servicing assistance, hinder the government’s recovery of such loans, increase legal costs to the borrower as well as encumber customer service. Please note that after the 60-Day comment period closes, RD will submit the collection package for a 3-year approval addressing any comments received.

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Authorizing Statute(s): US Code: 5 USC 301 Name of Law: null
   US Code: 7 USC 1926(a) Name of Law: null
   US Code: 7 USC 1932(a) Name of Law: null
   US Code: 7 USC 8107 Name of Law: null
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
0572-AC43	Final or interim final rulemaking

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Federal Register Notices & Comments

Did the Agency receive public comments on this ICR? Yes

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
OneRD Guarantee Loan Program	5001-11B, 5001-2, 5001-11A, 5001-4, 5001-6, 5001-3, 5001-7, 5001-5, 5001-8, 5001-12, 5001-11C, 5001-11D, 5001-9, 5001-10, 5001-1

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ICR Summary of Burden

	Total Request	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	12,380	0	0	12,380	0	0
Annual Time Burden (Hours)	50,242	0	0	50,242	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Changing Regulations

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: This is a new collection resulting in a program change of 50,242 burden hours.

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Annual Cost to Federal Government: $173,692

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? No

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Common Form ICR:  No

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On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).

The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(i) Why the information is being collected;

(ii) Use of information;

(iii) Burden estimate;

(iv) Nature of response (voluntary, required for a benefit, or mandatory);

(v) Nature and extent of confidentiality; and

(vi) Need to display currently valid OMB control number;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.

Certification Date: 06/17/2020

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