View Rule
View EO 12866 Meetings | Printer-Friendly Version Download RIN Data in XML |
DOD/COE | RIN: 0710-AB58 | Publication ID: Fall 2024 |
Title: ●Credit Assistance for Water Resources Infrastructure Projects | |
Abstract:
In May 2023, the U.S. Army Corps of Engineers (Corps) issued a final rule (88 Fed. Reg. 32661) for a Federal credit assistance program for non-Federal safety projects to maintain, upgrade, and repair dams identified in the National Inventory of Dams with a primary owner type of state, local government, public utility, or private. The program known as the Corps Water Infrastructure Financing Program (CWIFP) is authorized under Subtitle C of Title V of the Water Resources Reform and Development Act of 2014. CWIFP is also referred to as the Water Infrastructure Finance and Innovation Act of 2014 (WIFIA). CWIFP, or WIFIA, authorizes the Corps to provide secured (direct) loans and loan guarantees (Federal Credit instruments) to eligible water resources infrastructure projects and to charge fees to recover all or a portion of the Corps' costs. Division D, Title 1 of the Consolidated Appropriations Act of 2024 provided funding for projects to construct, maintain, upgrade, and repair levees and ancillary features with a primary owner type of state, municipal, county private, or other non-Federal entity. Consistent with Division D, Title 1 of the Consolidated Appropriations Act of 2024, the Corps is proposing to amend the regulation to incorporate non-Federal levee projects as eligible projects for the existing credit program. |
|
Agency: Department of Defense(DOD) | Priority: Other Significant |
RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 33 C.F.R. Part 386 (To search for a specific CFR, visit the Code of Federal Regulations.) | |
Legal Authority: Pub. L. 113-121, 128 Stat. 1322 (2014), as amended Pub. L. 116-260, 134 Stat. 1355 (2021) Pub. L 118-42, 138 Stat. 185 (2024) 33 U.S.C. § 3901 et seq |
Legal Deadline:
None |
||||||
Timetable:
|
Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Small Entities Affected: No | Federalism: No |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Related RINs: Related to 0710-AB31, Related to 0710-AB32 | |
Agency Contact: Elliott Carman Department of Defense 108 Army Pentagon, Room 3E419, Washington, DC 20310-0108 Phone:703 300-2899 Email: elliott.n.carman.civ@army.mil Aaron Snyder Department of Defense U.S. Army Corps of Engineers 441 G Street NW, Washington, DC 20314 Phone:651 290-5489 Email: aaron.m.snyder@usace.army.mil |