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DEPARTMENT OF THE INTERIOR

Indian Affairs Bureau

NOTICE: NOTICES

DOCUMENT ACTION: Proposed amendment of existing Privacy Act system of records.

SUBJECT CATEGORY: Privacy Act of 1974, as Amended; Amendment of an Existing System of Records

DATES: Comments must be received by August 25, 2008.

DOCUMENT SUMMARY: Under the Privacy Act of 1974, as amended (5 U.S.C. 552a), the Bureau of Indian Affairs (BIA) is issuing public notice of its intent to amend an existing Privacy Act system of records notice entitled Interior, BIA13 ``Indian Loan Files,'' published at 48 FR 41098 (September 13, 1983).

SUMMARY: Privacy Act; Systems of Records,

SUPPLEMENTAL INFORMATION

This notice is published pursuant to the Privacy Act of 1974 (5 U.S.C. 552a(e)(4)) and is in exercise of authority delegated by the Secretary of the Interior to the Assistant SecretaryIndian Affairs in 209 DM 8.1.

The Office of Indian Energy and Economic Development Loan Guaranty and Insurance Program was developed to implement the Indian Financing Act of 1974 (25 U.S.C. 1481), as amended. This law requires the Department of the Interior to encourage private commercial lenders to make loans to Indian businesses they might otherwise deny because of insufficient familiarity with Indian business prospects. The program offers private lenders enhanced loan security with a partial loan guaranty which allows a modest federal investment to leverage large amounts of private capital for Indian business development. The system of records supporting this program, now known as the Loan Management and Accounting System (LOMAS), protects information contained in loan applications and supporting documents.

The purpose of this notice is to amend the Privacy Act System of Records entitled Interior, BIA13: ``Indian Loan Files,'' by (1) Changing the name of the system to Interior, BIA13: ``Loan Management and Accounting System (LOMAS)''; (2) updating the addresses of the system locations, system managers, the categories of individuals covered by the system; (3) updating the information regarding disclosures outside the Department of the Interior; and (4) updating the storage, retrievability and safeguards statements to incorporate the changes since the system notice was last published.

A copy of the notice, with changes incorporated, is attached. [[Page 40596]]

Dated: July 9, 2008.
George T. Skibine,
Acting Deputy Assistant Secretary for Policy and Economic Development Indian Affairs.

SYSTEM NAME

Loan Management and Accounting System (LOMAS)Interior, BIA13. SYSTEM LOCATION
(1) Office of Indian Energy and Economic Development, 1951 Constitution Avenue NW., MS SIB20, Washington, DC, 20245.
(2) Loan Accounting Section, Bureau of Indian Affairs (BIA), 1001 Indian School Road NW., Ste. 349, Albuquerque, NM, 87104. (Send correspondence to: P.O. Box 7430, Albuquerque, NM, 871947430.) (3) System AdministratorLOMAS, National Business Center, 421 Gold Street SW., Suite 103, Albuquerque, NM, 87102.
(4) BIA Regional and Agency credit offices. For a listing of specific locations, contact the System Manager, at the address provided below.
CATEGORIES OF INDIVIDUALS COVERED BY THE SYSTEM
(1) Applicants who applied for or received loan guaranties, loan insurance, or interest subsidies.
(2) Applicants who applied for guarantied bonds.
(3) Purchasers of guarantied or insured loans.

FOR FURTHER INFORMATION CONTACT Darlene Greifenberger, Office of Indian Energy and Economic Development, 1951 Constitution Avenue, NW., MS SIB20, Washington, DC 20245, 2025137680 or by email at
Darlene.Greifenberger@bia.gov