In accordance with 5 CFR 1320, the information collection is approved for three years.
Inventory as of this Action
Requested
Previously Approved
10/31/2019
36 Months From Approved
10/31/2016
18
0
40
4,687
0
3,224
0
0
0
The Rural Utilities Service (RUS) makes mortgage loans and loan guarantees to qualified telephone companies for the purpose of providing telephone service to rural subscribers. The items covered by this information collection package are used to determine an applicant's eligibility to borrower under the terms of Section 201 of the RE Act and for RUS to determine the Government's security for loans is adequately protected.
US Code:
7 USC 901 et seq.
Name of Law: Rural Electrification Act of 1936, as amended
There was a program adjustment resulting in an increase of 1,463 burden hours (from 3,224 to 4,687) because of a program adjustment in response times.The agency has seen a reduction in numbers of respondents over the last collection period, from 40 to 17, however there was an adjustment in the hours of estimated response time. Based upon agency experience and upon interviews with respondents and others familiar with this collection, estimated response times were increased from 79 to 259.5 for loan requirements and preloan procedures and from 95 to 275.5 for respondents submitting acquisition and merger proposals.
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.