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 regarding (a) 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; (b) the accuracy of the agency's estimate of burden including the validity of the methodology and assumptions used; (c) ways to enhance the quality, utility and clarity of the information to be collected; (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 should be addressed to: Desk Officer for Agriculture, Office of Information and Regulatory Affairs, Office of Management and Budget (OMB), OIRA_Submission@OMB.EOP.GOV or fax (202) 395-5806 and to Departmental Clearance Office, USDA, OCIO, Mail Stop 7602, Washington, DC 20250-7602. Comments regarding these information collections are best assured of having their full effect if received within 30 days of this notification. Copies of the submission(s) may be obtained by calling (202) 720-8681.
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.
Rural Utilities Service
Title: 7 CFR Part 1744-C, Advance and Disbursement of Funds—Telecommunications.
OMB Control Number: 0572-0023.
Summary of Collection: Section 201 of the Rural Electrification Act (RE Act) of 1936 authorizes the Administrator of the Rural Utilities Service (RUS) to make loans for the purpose of providing telephone service to the widest practicable number of rural subscribers. A borrower requesting loan advances must submit RUS Form 481, “Financial Requirement Statement”. Along with the Form 481 the borrower must also submit a description of the advances and upon request copies of backup documentation relating to the transactions. The information is used to determine what projects the contracts listed on the Form relate to. Within a reasonable amount of time, funds are advanced to the borrower for the purposes specified in the statement of purposes.
Need and Use of the Information: The Form 481 is used by RUS to record and control transactions in the construction fund. RUS will collect information and verify that the funds advanced are related directly to loan purposes. If the information were not collected, RUS would not have any control over how loan funds are spent or a record of the balance to be advanced.
Description of Respondents: Business or other for-profit.
Number of Respondents: 177.
Frequency of Responses: Reporting: On occasion.
Total Burden Hours: 1,223.
Rural Utilities Service
Title: 7 CFR Part 1703-H, Deferments of RUS Loan Payments for Rural Development Projects.
OMB Control Number: 0572-0097.
Summary of Collection: Subsection (b) of section 12 of the Rural Electrification Act (RE Act) of 1936, as amended (7 U.S.C. 912), a Rural Utilities Service (RUS) electric or telephone borrower may defer the payment of principal and interest on any insured or direct loan made under the RE Act invest the deferred amounts in rural development projects. The Deferment program is used to encourage borrowers to invest in and promote rural development and rural job creation projects that are based on sound economic and financial analyses.
Need and Use of the Information: RUS will collect information to determine eligibility; specific purposes for which the deferment amount will be utilized; the term of the deferment the borrower will receive; the cost of the total project and degree of participation in the financing from other sources; verification that the purposes will not violate limitations established in 7 CFR 1703-H. If the information were not collected, RUS would be unable to determine eligibility for a project.
Description of Respondents: Not-for-profit; Business or other for-profit.
Number of Respondents: 1.
Frequency of Responses: Recordkeeping; Reporting: On occasion.
Total Burden Hours: 35.Start Signature
Departmental Information Collection Clearance Officer.
[FR Doc. 06-5802 Filed 6-28-06; 8:45 am]
BILLING CODE 3410-15-P