2024-17478. Notice of a Revision to a Currently Approved Information Collection  

  • AGENCY:

    Rural Utilities Service, USDA.

    ACTION:

    Notice and request for comments.

    SUMMARY:

    In accordance with the Paperwork Reduction Act of 1995, this notice announces the Rural Utilities Service's (RUS or the Agency), an agency with the United States Department of Agriculture, Rural Development, intention to request a revision to a currently approved information collection package for the RUS Electric Loan Application and Related Reporting Burdens. The Agency invites comments on this information collection for which the Agency intends to request approval from the Office of Management and Budget (OMB).

    DATES:

    Comments on this notice must be received by October 7, 2024 to be assured of consideration.

    FOR FURTHER INFORMATION CONTACT:

    Pamela Bennett, Rural Development Innovation Center—Regulations Management Division, USDA, 1400 Independence Avenue SW, STOP 1522, South Building, Washington, DC 20250-1522. Telephone: (202) 720-9639. Email pamela.bennett@usda.gov.

    SUPPLEMENTARY INFORMATION:

    The OMB regulation (5 CFR part 1320) implementing provisions of the Paperwork Reduction Act of 1995 (Pub. L. 104-13) requires that interested members of the public and affected agencies have an opportunity to comment on information collection and recordkeeping activities (see 5 CFR 1320.8(d)). This notice identifies an information collection that the Agency is submitting to OMB for revision.

    Comments are invited on: (a) Whether the proposed 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 the burden of the proposed collection of information including the validity of the methodology and assumptions used; (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 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.

    Comments may be sent by the Federal eRulemaking Portal: Go to https://www.regulations.gov and, in the “Search” box, type in the Docket No. located at the beginning of this notice. A link to the Notice will appear. You may submit a comment here by selecting the “Comment” button or you can access the “Docket” tab, select the “Notice,” and go to the “Browse & Comment on Documents” Tab. Here you may view comments that have been submitted as well as submit a comment. To submit a comment, select the “Comment” button, complete the required information, and select the “Submit Comment” button at the bottom. Information on using Regulations.gov, including instructions for accessing documents, submitting comments, and viewing the docket after the close of the comment period, is available through the site's “FAQ” link at the bottom.

    A Federal agency may not conduct or sponsor, and a person is not required to respond to, nor shall a person be subject to a penalty for failure to comply with a collection of information subject to the requirements of the Paperwork Reduction Act unless that collection of information displays a currently valid OMB Control Number. Data furnished by the applicants will be used to determine eligibility for program benefits. Furnishing the data is voluntary; however, failure to provide data could result in program benefits being withheld or denied.

    Title: RUS Electric Loan Application and Related Reporting Burdens.

    OMB Control Number: 0572-0032.

    Type of Request: Revision of a currently approved information collection.

    Abstract: RUS was established in 1994 by the Federal Crop Insurance Reform and Department of Agriculture Reorganization Act of 1994 (Pub. L. 103-354, 108 Stat. 3178, 7 U.S.C. 6941 et seq.) as successor to the Rural Electrification Administration (REA) with respect to certain programs, including the electric loan and loan guarantee program authorized under the Rural Electrification Act of 1936 (7 U.S.C. 901 et seq., as amended) (RE Act). The RE Act authorizes and empowers the Administrator of RUS to make and guarantee loans to furnish and improve electric service in rural areas. These loans are amortized over a period of up to 35 years and secured by the borrower's electric assets and/or revenue. In the interest of protecting loan security, monitoring compliance with debt covenants, and ensuring that RUS loan funds are used for purposes authorized by law, RUS requires that borrowers prepare and submit for RUS evaluation certain studies and reports. Some of these studies and reports are required only once for each loan application; others must be submitted periodically until the loan is completely repaid. These forms and documents serve as support for electric loan applications and summarizes the types and estimated costs of facilities and equipment for which RUS financing is being requested.

    The RE Act also authorizes and empowers the Administrator of RUS to make or cause to be made, studies, investigations, and reports concerning the condition and progress of the electrification of the several States and Territories; and to publish and disseminate information with respect thereto. Information supplied by borrowers forms the basis of many of these reports.

    RUS uses an online application intake system called RDApply that allows applicants to create an online application for RUS loans and grants as well as upload attachments, sign certifications, and draw service areas, to name a few features. RDApply streamlines the application process, as well as provides identity security, reduces paper consumption and is expected to reduce the burden associated with this information collection package over time.

    Estimate of Burden: Public reporting burden for this collection of information is estimated to average 19.07 hours per response.

    Respondents: Non-profit organizations, business or other for profit.

    Estimated Number of Respondents: 608.

    Estimated Total Annual Responses: 1,967.

    Estimated Number of Responses per Respondent: 3.24.

    Estimated Total Annual Burden on Respondents: 37,514 Hours.

    Copies of this information collection can be obtained from Pamela Bennett, Rural Development Innovation Center—Regulations Management Division, USDA, 1400 Independence Avenue SW, South Building, Washington, DC 20250-1522. Email: pamela.bennett@usda.gov.

    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.

    Christopher A. McLean,

    Acting Administrator, Rural Utilities Service.

    [FR Doc. 2024-17478 Filed 8-6-24; 8:45 am]

    BILLING CODE 3410-15-P

Document Information

Published:
08/07/2024
Department:
Rural Utilities Service
Entry Type:
Notice
Action:
Notice and request for comments.
Document Number:
2024-17478
Dates:
Comments on this notice must be received by October 7, 2024 to be assured of consideration.
Pages:
64404-64405 (2 pages)
Docket Numbers:
Docket No.: RUS-24-ELECTRIC-0024
PDF File:
2024-17478.pdf