Federal Register #FR 2028

Federal Reserve System Requests Comment on Proposed Revisions to Small Business and Farm Lending Survey

The Board of Governors of the Federal Reserve System is seeking public comment on proposed revisions to the Survey of Small Business and Farm Lending (FR 2028). - Government Buyer: - Board of Governors of the Federal Reserve System - Products/Services Requested: - No products or services are being procured; this is an information collection activity - Proposed revisions to the FR 2028 survey include: - Combining two report forms (FR 2028B and FR 2028S) into a single form - Adding an email field to respondent contact information - Clarifying instructions to improve data quality and reduce respondent burden - Discontinuing the FR 2028S report and integrating it into FR 2028B - Clarifying FR 2028D instructions for improved reporting and data quality - Unique or Notable Requirements: - Public feedback is requested on the necessity, utility, accuracy, and burden of the information collection - Suggestions for improvement are encouraged - OEMs and Vendors: - No OEMs or vendors are mentioned, as this is not a product or service procurement

Description

The Board of Governors of the Federal Reserve System invites public comment on a proposal to extend for three years, with revision, the Survey of Small Business and Farm Lending (FR 2028; OMB No. 7100-0061). This survey collects detailed quarterly data on terms of loans made to small businesses and farmers from a sample of banks. Proposed revisions include combining two report forms into one, adding an email field, and clarifying instructions to improve data quality and reduce respondent burden. Comments are due by June 9, 2026.

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