96-11017. Information Collection Activity; Comment Request

[Federal Register Volume 61, Number 87 (Friday, May 3, 1996)]
[Notices]
[Pages 19906-19907]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-11017]



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DEPARTMENT OF AGRICULTURE
Rural Utilities Service


Information Collection Activity; Comment Request

AGENCY: Rural Utilities Service, USDA.

ACTION: Notice and request for comments.

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SUMMARY: In accordance with the Paperwork Reduction Act of 1995 (44 
U.S.C. Chapter 35, as amended), the Rural Utilities Service (RUS) 
invites comments on this information collection for which RUS intends 
to request approval from the Office of Management and Budget (OMB).

DATES: Comments on this notice must be received by July 2, 1996.

FOR FURTHER INFORMATION CONTACT: Dawn D. Wolfgang, Program Support and 
Regulatory Analysis Group, Rural Utilities Service, U.S. Department of 
Agriculture, 14th & Independence Ave., SW., AG Box 1522, Washington, DC 
20250-1522. Telephone: [phone]. FAX: [phone].

SUPPLEMENTARY INFORMATION:

    Title: Request for Approval to Sell Capital Assets.
    OMB Control Number: 0572-0020.
    Type of Request: Revision of a Currently Approved Information 
Collection.
    Abstract: A borrower's assets provide the security for a Government 
loan. The selling of assets reduces the security and increases the risk 
to the Government. RUS Form 369 allows the borrower to seek agency 
permission to sell some of its assets. The form collects detailed 
information regarding the proposed sale of a portion of the borrower's 
systems. RUS electric utility borrowers complete this form to request 
RUS approval in order to sell capital assets with a fair market value 
is 10 percent of the borrower's net utility plant.
    Estimate of Burden: Public reporting burden for this collection of 
information is estimated to average 3 hours per response.
    Respondents: Small business or organizations.
    Estimated Number of Respondents: 5.
    Estimated Number of Responses per Respondent: 1.
    Estimated Total Annual Burden on Respondents: 15.
    Copies of this information collection, and related form and 
instructions, can be obtained from Dawn Wolfgang, Program Support and 
Regulatory Analysis Group, at [phone].
    Comments are invited on: (a) Whether this proposed collection of 
information is necessary for the proper performance of the functions of 
the agency, including

[[Page 19907]]

whether the information will have practical utility; (b) the accuracy 
of the agency's estimate of burden of the proposed collection of 
information; (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 respondents, including through the use 
of automated collection techniques or other forms of information 
technology. Comments may be sent to: F. Lamont Heppe, Jr., Director, 
Program Support and Regulatory Analysis Group, Rural Utilities Service, 
U.S. Department of Agriculture, AG Box 1522, 14th & Independence Ave., 
SW., Washington, DC 20250-1522. FAX: [phone].
    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:

    Dated: April 29, 1996.
Wally Beyer,
Administrator, Rural Utilities Service.
[FR Doc. 96-11017 Filed 5-2-96; 8:45 am]
BILLING CODE 3410-15-P