Fisheries Finance Program Requirements

Forms and Documents

Document Name	Status
Form 88-1 Fisheries Finance Program Application Form and Instruction	Modified
0012 ss ren 070208rev.pdf Supporting Statement A	2008-07-18

IC Document Collections

IC ID	Document Title	Status
3925	Fisheries Finance Program Application Form and Instruction	Modified
185532	Annual Financial Statement for Current Borrowers	New

ICR Details

OMB Control No: 0648-0012	ICR Reference No: 200807-0648-002
Status: Historical Active	Previous ICR Reference No: 200504-0648-011
Agency/Subagency: DOC/NOAA	Agency Tracking No:
Title: Fisheries Finance Program Requirements
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 01/27/2009
	Date Received in OIRA: 07/18/2008
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	01/31/2012	36 Months From Approved	01/31/2009
Responses	1,735	0	1,250
Time Burden (Hours)	13,880	0	10,000
Cost Burden (Dollars)	8,050	0	5,000

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Abstract: NOAA operates a direct loan program to assist in financing certain actions relating to commercial fishing vessels, shoreside fishery facilities, aquaculture operations, and individual fishing quotas. Application information is required to determine eligibility pursuant to 50 CFR Part 253 and to determine the type and amount of assistance requested by the applicant. An annual financial statement is required from the recipients to monitor the financial status of the loan.

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Authorizing Statute(s): US Code: 46 USC 1271 Name of Law: Merchant Marine Act - Federal Ship Mortgage Assistance
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	73 FR 69668	12/10/2007
30-day Notice:	Federal Register Citation:	Citation Date:
	73 FR 41315	07/18/2008
Did the Agency receive public comments on this ICR? Yes

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Number of Information Collection (IC) in this ICR: 2

IC Title	Form No.	Form Name
Annual Financial Statement for Current Borrowers
Fisheries Finance Program Application	88-1	Fisheries Finance Program Loan Application

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ICR Summary of Burden

	Total Approved	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	1,735	1,250	0	0	485	0
Annual Time Burden (Hours)	13,880	10,000	0	0	3,880	0
Annual Cost Burden (Dollars)	8,050	5,000	0	0	3,050	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The net increase of 485 in responses and 3,880 in hours is due to: 1) an increase from 1,000 to 1,500 in the current number of respondents who are loan recipients and thus need to provide an annual financial statement, adding 4,000 hours. 2) a decrease in the estimated number of FFP applicants and applications, from 150 to 135, removing 120 hours. The net increase of $2,675 in cost, or a per-response cost of $0.34, is a reflection of postage rate increases since 2003. The increase in ROCIS appears to be $3,050, as the previous cost of $5,275 was rounded down to $5,000 when migrated to ROCIS.

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Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? Uncollected

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 07/18/2008

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