View Rule
View EO 12866 Meetings | Printer-Friendly Version Download RIN Data in XML |
USDA/RUS | RIN: 0572-AB99 | Publication ID: Spring 2009 |
Title: Lien Accommodations and Subordinations for 100 Percent Private Financing | |
Abstract: The Rural Utilities Service, an agency delivering the United States Department of Agricultures (USDA) Rural Development utilities programs, hereinafter referred to as USDA Rural Development and/or the Agency, proposes to amend its regulations on lien accommodations and subordinations. The rule would propose to remove the procedures where, case-by-case, the Agency approval of the issuance of additional secured debt is required and establish those procedures: Eligible financing purposes, decision factors for granting lien accommodations, application content and timeframe, in an agency guide bulletin. The rule would focus on lien accommodation policies and establish a more user-friendly regulation for lien accommodation and subordination for 100 percent private financing. The Agency proposes this clarification and update to the existing lien accommodation and subordination regulations in its ongoing effort to maintain current program rules. | |
Agency: Department of Agriculture(USDA) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Prerule Stage |
Major: Undetermined | Unfunded Mandates: No |
CFR Citation: 7 CFR 1717-R (To search for a specific CFR, visit the Code of Federal Regulations.) | |
Legal Authority: 7 USC 901 et seq 7 USC 1921 et seq 7 USC 6941 et seq |
Legal Deadline:
None |
||||||
Timetable:
|
Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Federalism: No | |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Agency Contact: Michele L. Brooks Director, Regulations Management Team, RD Innovation Center Department of Agriculture Rural Utilities Service Room 5159 South Building, STOP 1522, 1400 Independence Avenue SW, Washington, DC 20250 Phone:202 690-1078 Email: michele.brooks@wdc.usda.gov |