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USDA/FAS RIN: 0551-AA73 Publication ID: Fall 2016 
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 final 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 With Request for Comment  09/22/2016  81 FR 65509   
Final Rule Effective  09/22/2016 
Final Rule Comment Period End  03/21/2017 
Final Rule  08/00/2017 
Additional Information: The program will become operational upon publication of the Final Rule with Comment. This will allow time for participants to utilize the program and to submit comments based on that experience. At the end of the six month comment period, the Agency will determine whether further changes are needed to the final rule.
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