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USDA/FS RIN: 0596-AD58 Publication ID: Spring 2023 
Title: ●Performance Bonding for Locatable Minerals 
Abstract:

This rulemaking would revise Locatable Minerals regulations at 36 CFR 228.13 to allow AA or AAA-rated investments within trust funds as financial guarantee for long-term post-closure obligations. This would create consistency with existing BLM regulations and respond to an immediate programmatic need to provide a viable mechanism for financing long-term, post-closure environmental obligations, which is crucial to the stewardship and restoration of NFS lands affected by mining. This final rule will help meet the Administration's priority to improve service delivery, customer experience, and reduce administrative burdens for those accessing public benefits and services.

 
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: 36 CFR 228.13   
Legal Authority: Organic Administration Act of June 4, 1897    30 Stat. 34, 36 (16 U.S.C. 478, 482, 551)    General Mining Act of 1872, as amended    17 Stat. 91 (30 U.S.C. 22-54)    Surface Resources Act, Pub. L. 167, July 23, 1955, 69 stat. 368. (30 U.S.C. 601, 603, 611-15)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Interim Final Rule  08/00/2023 
Regulatory Flexibility Analysis Required: Yes  Government Levels Affected: State 
Small Entities Affected: Businesses  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: Yes 
Agency Contact:
Nathan Morris
Department of Agriculture
Forest Service
201 14th Street SW,
Washington, DC 20024
Phone:202 205-0833
Email: nathan.morris@usda.gov