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USDA/FAS | RIN: 0551-AA74 | Publication ID: Spring 2015 |
Title: Export Credit Guarantee Programs: Elimination of Intermediate Term Guarantee (GSM-103) Program; Amend Regulations for Export Credit Guarantee (GSM-102) Program | |
Abstract:
Under the provisions of the Agricultural Act of 2014, the final rule will incorporate updates to the Export Credit Guarantee Programs. The purpose is to repeal all references to the GSM-103 program and to incorporate improvements and changes to the implementation and operation of the GSM-102 program. Changes to the final rule incorporate program operational changes and information from press releases and notices to participants that have been implemented since the publication of the current rule, and include other administrative revisions to enhance clarity and program integrity. These changes should increase program availability to all participants and enhance access for smaller U.S. exporters and their sales. The final rule eliminates provisions for the Intermediate Export Credit Guarantee (GSM-103) Program, consistent with the removal of authority to operate this program in the 2008 Farm Bill. |
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Agency: Department of Agriculture(USDA) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Completed Actions |
Major: No | Unfunded Mandates: No |
CFR Citation: 7 CFR 1493 | |
Legal Authority: 7 U.S.C. 5602, 5622 7 U.S.C. 5661 and 5662 7 U.S.C. 5663 and 5664 5676 15 U.S.C. 714b(d), 714c(f) |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Small Entities Affected: Businesses | Federalism: No |
Included in the Regulatory Plan: No | |
RIN Information URL: www.fas.usda.gov | Public Comment URL: www.regulations.gov |
RIN Data Printed in the FR: No | |
Agency Contact: Connie Ehrhart Management Analyst Department of Agriculture Foreign Agricultural Service 1400 Independence Avenue SW, Washington, DC 20250 Phone:202 690-1578 Email: connie.ehrhart@fas.usda.gov |