The Department of Agriculture has submitted an information collection requirement to the Office of Management and Budget (OMB) for approval, as required by the Paperwork Reduction Act of 1995. Public comments on the necessity and efficiency of this information collection are invited until March 11, 2021. The collections involve loans for community facilities like fire and rescue services, and supervised bank accounts for managing financial assistance, with the aim of ensuring proper fund use and financial management. The information collected helps determine eligibility, project viability, and loan fund usage, impacting both government operations and borrowers.
Simple Explanation
The Department of Agriculture wants to collect information to help decide who can get loans for things like fire stations, but they need permission from another group called the OMB first. They're asking people to share their thoughts on this before March 11, 2021, to make sure everything is clear and fair.