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USDA/RBS RIN: 0570-AA80 Publication ID: Spring 2011 
Title: Rural Business Investment Program (Non-Leveraged)--Farm Bill 
Abstract: Rural Development published in the Federal Register an interim rule, 7 CFR part 4290, on June 8, 2004, for the purpose of facilitating non-leveraged Rural Business Investment Companies 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. 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 a proposed rule for non-leveraged RBIC's described above. 
Agency: Department of Agriculture(USDA)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Proposed 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  06/08/2004  69 FR 32200 
Interim Final Rule Effective  06/08/2004   
Interim Final Rule Comment Period End  07/08/2004   
ANPRM  03/29/2007  72 FR 14712 
ANPRM Comment Period End  04/27/2007   
NPRM  07/00/2011   
NPRM Comment Period End  09/00/2011   
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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