Information Collection Request; Inventory Property Management
Summary
The Farm Service Agency (FSA) published a notice in the Federal Register requesting public comments on an information collection related to inventory property management. The notice advises that comments on this collection must be submitted within 60 days of publication. FSA is seeking feedback on the burden estimates and information requirements associated with managing inventory property under their jurisdiction.
What changed
The Farm Service Agency published a notice requesting comments on an information collection related to inventory property management under the Paperwork Reduction Act. This is a standard administrative notice through which FSA solicits public input on their data collection practices for managing inventory property.
Agricultural firms and other parties affected by FSA inventory property management practices may submit comments regarding the information collection burden, data requirements, or operational impacts. The notice provides a 60-day comment period during which stakeholders can provide feedback on the collection's necessity, accuracy, and practical utility.
What to do next
- Submit public comments via Regulations.gov or mail before June 12, 2026
- Review FSA inventory property management information collection requirements
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Apr 11, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
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Notice
Information Collection Request; Inventory Property Management
A Notice by the Farm Service Agency on 04/13/2026
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- Document Details Published Content - Document Details Agencies Department of Agriculture Farm Service Agency Agency/Docket Number Docket ID: FSA-2026-0199 Document Citation 91 FR 18813 Document Number 2026-07100 Document Type Notice Pages 18813-18814 (2 pages) Publication Date 04/13/2026 Published Content - Document Details
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- Document Details Published Content - Document Details Agencies Department of Agriculture Farm Service Agency Agency/Docket Number Docket ID: FSA-2026-0199 Document Citation 91 FR 18813 Document Number 2026-07100 Document Type Notice Pages 18813-18814 (2 pages) Publication Date 04/13/2026 Published Content - Document Details
- Document Dates Published Content - Document Dates Comments Close 06/12/2026 Dates Text We will consider comments that we receive by June 12, 2026. Published Content - Document Dates
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- SUPPLEMENTARY INFORMATION:
- Description of Information Collection Request Enhanced Content - Table of Contents
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Department of Agriculture
Farm Service Agency
- [Docket ID: FSA-2026-0199]
AGENCY:
Farm Service Agency, USDA.
ACTION:
Notice; request for comment.
SUMMARY:
In accordance with the Paperwork Reduction Act of 1995, the Farm Service Agency (FSA) is requesting comments from all interested individuals and organizations on a revision of a currently approved collection associated with the Inventory Property Management. In the Inventory Property Management, the collected information is used to evaluate applicant requests to purchase inventory property, determine eligibility to lease or purchase inventory property, and ensure the payment of the lease amount or purchase amount associated with the acquisition of inventory property.
DATES:
We will consider comments that we receive by June 12, 2026.
ADDRESSES:
We invite you to submit comments on the notice. You may submit comments by any of the following methods:
- Federal eRulemaking Portal: Go to http://regulations.gov and search for docket ID FSA-2026-0199. Follow the online instructions for submitting comments.
- Mail: Lee Nault, Loan Servicing and Properties Management Division, USDA, FSA, Farm Loan Programs, 1400 Independence Ave. SW, Mail Stop 0523 Washington, DC 20250-00523. Comments will be available for inspection online at http://www.regulations.gov. Copies of the information collection may be requested by contacting Lee Nault (see For Further Information Contact below). You may also send comments to the Desk Officer for Agriculture, Office of Information and Regulatory Affairs, Office of Management and Budget, Washington, DC 20503.
FOR FURTHER INFORMATION CONTACT:
Lee Nault, (202) 720-6834; email: Lee.Nault@usda.gov. Persons with disabilities who require alternative means for communication should contact the USDA Target Center at (202) 720-2600 (voice).
SUPPLEMENTARY INFORMATION:
Description of Information Collection Request
Title: Inventory Property Management.
OMB Number: 0560-0234.
Expiration Date of Approval: July 31, 2026.
Type of Request: Revision.
Abstract: FSA is requesting comments from all interested individuals and organizations on a revision of a currently approved information collection request associated with Inventory Property Management. FSA's Farm Loan Programs provide supervised credit in the form of loans to family farmers to purchase real estate and equipment and finance agricultural production. Inventory Property Management, as specified in 7 CFR part 767, provides the requirements for the management, lease, and sale of security property acquired by FSA. FSA may take title to real estate as part of dealing with a problem loan either by entering a winning bid to protect its interest at a foreclosure sale, or by accepting a deed of conveyance in lieu of foreclosure. Information collections established in the regulation are necessary for FSA to determine an applicant's eligibility to lease or purchase inventory property and to ensure the applicant's ability to make payment on the lease or purchase amount. The number of responses and total burden hours increase in this request. While the overall number of inventory properties on hand has decreased by 20.45 percent since the last collection, the increase in responses and burden hours is due to a higher estimated number of inventory properties that will be sold annually. The projected number of properties to be sold has been revised upward because FSA has resumed the sale of inventory properties and due to the anticipated rate at which new properties are acquired.
For the following estimated total annual burden on respondents, the formula used to calculate the total burden hour is the estimated average time per responses hours multiplied by the estimated total annual responses.
Estimate of Respondent Burden: Public reporting burden for this collection of information is estimated to average 0.56 hours per response.
Type of Respondents: Individuals or households, business or other for-profit, and farms.
Estimated Annual Number of Respondents: 202.
Estimated Number of Responses per Respondent: 1.
Estimated Total Annual Responses: 202.
Estimated Average Time per Responses: 0.56 hours.
Estimated Total Annual Burden on Respondents: 113 hours.
We are requesting comments on all aspects of this information collection to help us to:
(1) Evaluate whether the collection of information is necessary for the proper performance of the functions of FSA, including whether the information will have practical utility;
(2) Evaluate the accuracy of FSA's estimate of burden including the validity of the methodology and assumptions used; ( printed page 18814)
(3) Enhance the quality, utility, and clarity of the information to be collected;
(4) 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.
All responses to this notice, including names and addresses when provided, will be summarized and included in the request for OMB approval. All comments will also become a matter of public record.
William Beam,
Administrator, Farm Service Agency.
[FR Doc. 2026-07100 Filed 4-10-26; 8:45 am]
BILLING CODE 3411-E2-P
Published Document: 2026-07100 (91 FR 18813)
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