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USDA/RUS

RIN: 0572-AC17

Publication ID: Spring 2010

Title: Establish Blended Levels for Financial Coverage Ratios for Distribution Borrowers That Have Substantial Amounts of Generation and Transmission Plant
Abstract: This proposed rulemaking amends 7 CFR 1710.114 (b)(4) to establish levels for financial coverage ratios for distribution borrowers that have in service or under construction generation and transmission (G&T) assets in excess of 15 percent of total assets and request such reduced financial coverage ratios. It would also delete the requirement that the generation and transmission plant eligible for consideration be financed at a cost of capital substantially higher than the cost of funds under section 305 of the Rural Electrification Act.
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: Undetermined
CFR Citation: 7 CFR 1710.114
Legal Authority: 7 USC 901 (sec 305)

Legal Deadline:  None

Timetable: Action Date FR Cite Begin Review  06/00/2010

Regulatory Flexibility Analysis Required: No	Government Levels Affected: None
Small Entities Affected: No	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