View Rule

View EO 12866 Meetings

Printer-Friendly Version Download RIN Data in XML

USDA/RUS

RIN: 0572-AB27

Publication ID: Spring 1997

Title: RUS Privatization Demonstration Prepayment Program for the State of Alaska
Abstract: This action will implement section 780 of the Federal Agriculture Improvement and Reform Act of 1996 (HR 2854) (Farm Bill). Section 780 of the Farm Bill repealed section 311 of the Rural Electrification Act of 1938 (7 U.S.C. 940a). Section 311 established a privatization demonstration program that allowed borrowers in Alaska 10, under certain circumstances, to prepay loans made by the Federal Financing Bank and guaranteed by RUS using private sector capital with a 90 percent guarantee. RUS regulations implementing this program are at 7 CFR 1786 subpart D. This regulatory action will remove 7 CFR 1786 subpart D which implemented this now defunct program. This action will enhance the delivery of customer service by removing an obsolete regulation. Because the statutory authority for this program no longer exists, no period for public comment is needed.
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 1786 D
Legal Authority: PL 104-127

Timetable:

Action	Date	FR Cite
Final Action	04/00/1997
Final Action Effective	05/00/1997

Regulatory Flexibility Analysis Required: No	Government Levels Affected: None
Included in the Regulatory Plan: No
Agency Contact: Richard Annan Director, Program Development and Regulatory Analysis Department of Agriculture Rural Utilities Service Room 4034, Room 5168, South Building, 1400 Independence Avenue SW, Washington, DC 20250 Phone:202 720-0784 Fax:202 720-4120 Email: richard.annan@wdc.usda.gov