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USDA/FAS RIN: 0551-AA73 Publication ID: Fall 2015 
Title: Facility Guarantee Loan Program (FGP) 
Abstract:

The Facility Guarantee Loan Program (FGP) provides payment guarantees to finance commercial exports of U.S. manufactured goods and services that will be used to improve or establish agriculture-related facilities in emerging markets, with the goal of enhancing U.S. agricultural commodity sales. Under the provisions of the Food, Conservation, and Energy Act of 2008, the proposed rule will incorporate changes to allow for a waiver of U.S. content. The final rule will also simplify the implementation and application process of the FGP program and ensure the program's compliance with the Organization for Economic Cooperation and Developments (OECD) Arrangement on Officially Supported Export Credits.

 
Agency: Department of Agriculture(USDA)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 7 CFR 1493   
Legal Authority: 7 U.S.C. 5602    7 U.S.C. 5622    7 U.S.C. 5661 to 5664    7 U.S.C. 5676    15 U.S.C. 714b(d), 714c(f)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
ANPRM  08/06/2009  74 FR 39240   
ANPRM Comment Period End  10/05/2009    
Proposed Rule  06/15/2015  80 FR 34080   
PR Comment Period End  08/14/2015 
Final Rule  01/00/2016 
Additional Information: Because of the length of time this program has been inactive, and due to the lack of specific comments received in response to the proposed rule, the Agency plans to issue a final rule with comments. This will allow time for participants to utilize the program and to submit comments based on that experience.
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL: www.fas.usda.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