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USDA/FS RIN: 0596-AD58 Publication ID: Fall 2023 
Title: Financial Assurance for Locatable Minerals 
Abstract:

This rulemaking would revise Locatable Minerals regulations at 36 CFR 228.13 to allow equities and private investment-rated securities within trust funds as financial assurance for long-term post-closure obligations.  This would create consistency with existing BLM regulations and practice 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: Previously 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; Request for Public Comment  10/30/2023  88 FR 74045   
Interim Final Rule Effective  11/29/2023 
Interim Final Rule Comment Period End  12/29/2023 
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 B. Lambert
Department of Agriculture
Forest Service
15 Burnett Court,
Durango, CO 81301
Phone:970 799-2331
Email: mark.b.lambert@usda.gov