OneRD Guaranteed Loan Program

ICR 202012-0572-002

OMB: 0572-0155

Federal Form Document

Forms and Documents
Document
Name
Status
Form
New
Supporting Statement A
2020-06-23
Supplementary Document
2020-06-17
Supplementary Document
2020-06-23
IC Document Collections
IC ID
Document
Title
Status
240745 New
ICR Details
0572-0155 202012-0572-002
Received in OIRA
USDA/RUS
OneRD Guaranteed Loan Program
New collection (Request for a new OMB Control Number)   No
Regular 12/10/2020
  Requested Previously Approved
36 Months From Approved
12,380 0
50,242 0
0 0

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.

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
  
None

0572-AC43 Final or interim final rulemaking 85 FR 42494 07/14/2020

  85 FR 42494 07/14/2020
85 FR 79461 12/10/2020
Yes

  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
Yes
Changing Regulations
No
This is a new collection resulting in a program change of 50,242 burden hours.

$173,692
No
    No
    No
No
No
No
No
Thomas Dickson 202 690-4492 [email protected]

  No

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:
 
 
 
 
 
 
 
    (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;
 
 
 
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.
12/10/2020


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