0551-AA74 201410 The Regulatory Plan and the Unified Agenda of Federal Regulatory and Deregulatory Actions 0551 Foreign Agricultural Service FAS 0500 Department of Agriculture USDA Export Credit Guarantee Programs: Elimination of Intermediate Term Guarantee (GSM-103) Program; Amend Regulations for Export Credit Guarantee (GSM-102) Program

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 for 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.

]]> Substantive, Nonsignificant Previously Published in The Unified Agenda Final Rule Stage No No 7 CFR 1493 7 USC 5602, 5622 7 USC 5661 and 5662 7 USC 5663 and 5664 5676 15 USC 714b(d), 714c(f) No ANPRM 12/17/2008 73 FR 76568 ANPRM Comment Period End 02/02/2009 NPRM 07/27/2011 76 FR 44836 NPRM Comment Period End 09/26/2011 Proposed Rule 12/27/2013 78 FR 79253 NPRM Comment Period End 01/27/2014 Final Rule 11/00/2014 No Businesses None No No www.fas.usda.gov www.regulations.gov No No Connie Ehrhart Management Analyst 0551 Foreign Agricultural Service FAS 202 690-1578 connie.ehrhart@fas.usda.gov 1400 Independence Avenue SW, Washington DC 20250