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USDA/RBS RIN: 0570-AA80 Publication ID: Fall 2010 
Title: ●Rural Business Investment Program (Non-Leveraged)—Farm Bill 
Abstract: Rural Development proposes to promulgate an interim rule for the purpose of facilitating non-leveraged Rural Business Investment Companies. The interim rule will be promulgated as a new subpart to 7 CFR Part 4290, as part of a strategy to help unlock the potential power that rural equity has to finance rural development in a manner that will help rural residents share in the benefits of the economic growth potential of rural America. 7 CFR was published in the Federal Register June 8, 2004. On March 29, 2007, Rural Development published an Advanced Notice of Proposed Rulemaking seeking public input regarding the possibility of operating the Program, in light of the loss of funding as a result of the Deficit Reduction Act of 2006, to provide for non-leveraged Rural Business Investment Companies (RBICs). As a result of the public comments received and statutory modifications provided in the 2008 Farm Bill, Rural Development intends to publish an interim rule for non-leveraged RBIC’s described above. 
Agency: Department of Agriculture(USDA)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 7 CFR 4290 
Legal Authority: PL 107-171, sec 6029 
Legal Deadline:  None
Timetable:
Action Date FR Cite
Interim Final Rule  12/00/2010   
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:
Michael Foore
Program Policy Advisor, Office of the Administrator
Department of Agriculture
Rural Business-Cooperative Service
STOP 3221, 1400 Independence Avenue SW, STOP 3201,
Washington, DC 20250
Phone:202 205-0056
Fax:202 690-4737
Email: michael.foore@wdc.usda.gov

 
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