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USDA/RUS RIN: 0572-AC57 Publication ID: Spring 2022 
Title: ●Electric Program Streamlining and Improvements  
Abstract:

The Rural Utilities Service (RUS), intends to publish a final rule to update 7 CFR 1710, 1724, 1717, 1724 and 1730 to streamline its procedures for Electric Program borrowers, including: loan application requirements; approval of workplans and load forecasts; use of approved contracts and system design procedures; and reporting requirements. This is round 3 of streamlining updates.


It is expected that the proposed changes will streamline and make more efficient the requirements for applying for Electric Program loans and to streamline the Electric Program’s pre- and post-loan procedures. Specifically, the expected outcomes will: (1) reduce the regulatory burden on Electric Program borrowers; (2) ensure that loan funds will be repaid in the time agreed upon; and (3) that the RUS loans remain adequately secured during their lifetime. The proposed final rule is expected to also reduce the burden on RUS Electric Program staff by reducing the time and resources required to review routine or unnecessary documents. RUS expects that these actions will enhance RUS and customer efficiency, thereby increasing customer satisfaction and service.

To implement these changes, RUS will publish this as a final rule without prior notice. The Administrative Procedure Act exempts from prior notice rules with any actions "relating to agency management or personnel or to public property, loans, grants, benefits, or contracts" (5 U.S.C. 553(a)(2)).

 

 
Agency: Department of Agriculture(USDA)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 7 CFR 1710    7 CFR 1714    7 CFR 1717    7 CFR 1724    7 CFR 1730   
Legal Authority: 7 U.S.C. 901 et seq.    7 U.S.C. 6941 et seq.    7 U.S.C. 1921 et seq.,   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Final Rule; Request for Comment  08/00/2022 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Mark Bartholomew
Department of Agriculture
Rural Utilities Service
1400 Independence Avenue SW,
Washington, DC 20250
Phone:740 544-4612