[Federal Register Volume 60, Number 8 (Thursday, January 12, 1995)]
[Rules and Regulations]
[Page 2880]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-733]



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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

Office of the Secretary

24 CFR Part 597

[Docket No. R-95-1702; FR-3580-N-04]
RIN 2506-AB65


Designation of Empowerment Zones and Enterprise Communities; 
Notice of Waiver of Sunset Provision of Interim Rule

AGENCY: Office of the Secretary, HUD.

ACTION: Notice of waiver.

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SUMMARY: This Notice announces a waiver granted by the Secretary, under 
the waiver authority of 24 CFR 597.5, of the sunset provision set forth 
in Sec. 597.1(c) of the Department's interim rule published on January 
18, 1994.

DATES: January 12, 1995.

FOR FURTHER INFORMATION CONTACT:
Michael T. Savage, Deputy Director, Office of Economic Development, 
Room 7136, Department of Housing and Urban Development, 451 Seventh 
Street SW, Washington, DC 20410, telephone (202) 708-2290; TDD (202) 
708-2565. (These are not toll-free numbers.)

SUPPLEMENTARY INFORMATION: On January 18, 1994, the Department 
published an interim rule that implemented that portion of Subchapter 
C, Part I (Empowerment Zones, Enterprise Communities and Rural 
Development Investment Areas) of Title XIII of the Omnibus Budget 
Reconciliation Act of 1993 dealing with the designation of urban 
Empowerment Zones and Enterprise Communities (EZ/EC interim rule). The 
preamble to the EZ/EC interim rule stated that: ``The Department has 
adopted a policy of setting a date for expiration of an interim rule 
unless a final rule is published before that date. This ``Sunset'' 
provision appears in Sec. 597.1(c) of the rule; and provides that the 
interim rule will expire on a date 12 months from publication unless a 
final rule is published before that date.''
    The EZ/EC final rule is being published elsewhere in today's 
Federal Register. However, consistent with 42 U.S.C. 3535(o)(3) of the 
Department's authorizing legislation, the EZ/EC final rule cannot 
become effective until a period of 30 calendar days from the date of 
publication of the final rule has expired. Accordingly, the EZ/EC final 
rule, published in today's Federal Register, will not become effective 
by or before January 18, 1995, the date the interim rule expires. In 
order to prevent a period in which the effective period of the EZ/EC 
regulations lapses, a waiver is granted under 24 CFR 597.5.
    Section 597.5 provides that ``The Secretary of HUD may waive for 
good cause any provision of this part not required by statute, where it 
is determined that application of the requirement would produce a 
result adverse to the purpose and objectives of this part.'' The sunset 
provision set forth in 24 CFR 597.1(c) of the January 18, 1994 interim 
rule was not required by statute, and good cause exists to waive this 
provision in order that the effective period of the interim rule 
published on January 18, 1994 (59 FR 2700) continues until the date the 
final rule is published and made effective, at which point the final 
rule will remain in effect.

    Dated: January 5, 1995.
Henry G. Cisneros,
Secretary.
[FR Doc. 95-733 Filed 1-11-95; 8:45 am]
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