[Federal Register Volume 61, Number 211 (Wednesday, October 30, 1996)]
[Rules and Regulations]
[Page 55877]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-27765]
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Rules and Regulations
Federal Register
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This section of the FEDERAL REGISTER contains regulatory documents
having general applicability and legal effect, most of which are keyed
to and codified in the Code of Federal Regulations, which is published
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Federal Register / Vol. 61, No. 211 / Wednesday, October 30, 1996 /
Rules and Regulations
[[Page 55877]]
DEPARTMENT OF AGRICULTURE
Rural Housing Service
Rural Business-Cooperative Service
Rural Utilities Service
Farm Service Agency
7 CFR Part 1980
Nonprofit National Corporations Loan and Grant Program
AGENCIES: Rural Housing Service, Rural Business-Cooperative Service,
Rural Utilities Service, and Farm Service Agency, USDA.
ACTION: Final rule.
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SUMMARY: The Rural Business-Cooperative Service (RBS) removes, as
unnecessary, regulations concerning the Nonprofit National Corporations
Loan and Grant Program from the Code of Federal Regulations, since no
funding is available or requested. This action is being taken as part
of the National Performance Review program to eliminate excess
regulations and to improve the quality of those that remain in effect.
EFFECTIVE DATE: October 30, 1996.
FOR FURTHER INFORMATION CONTACT: Ms. Joyce Allen, Business Programs,
Servicing Division, Loan Specialist, Rural Business-Cooperative
Service, USDA, STOP 3224, Washington DC 20250-3221, telephone (202)
720-8604.
SUPPLEMENTARY INFORMATION:
Classification
This action is not subject to the provisions of Executive Order
12866 since it involves only internal Agency management. This Action is
not published for prior notice and comment under the Administrative
Procedure Act since it involves only internal Agency management and
publication for comment is unnecessary and contrary to the public
intent.
Regulatory Flexibility Act
The Regulatory Flexibility Act is not applicable to this rule since
the Rural Business-Cooperative Service (RBS) is not required by 5
U.S.C. 553, or any other provision of law, to publish a notice of
proposed rulemaking to effect these administrative changes.
Environmental Impact Statement
This action has been reviewed in accordance with 7 CFR part 1940,
subpart G, ``Environmental Program.'' The Agency has determined that
this action does not constitute a major Federal action significantly
affecting the quality of the human environment, and in accordance with
the National Environmental Policy Act of 1969, Pub. L. 91-190, an
Environmental Impact Statement is not required.
Executive Order 12778
This rule was reviewed in accordance with Executive Order 12778.
The provisions of the rule do not preempt State laws, are not
retroactive, and do not involve administrative appeals.
Unfunded Mandate Reform Act
Title II of the Unfunded Mandate Reform Act of 1995 (UMRA), Pub. L.
104-4, establishes requirements for Federal agencies to assess the
effects of their regulatory actions on State, local and tribal
governments, and the private sector. Under section 202 of the UMRA, RBS
generally must prepare a written statement, including a cost-benefit
analysis, for proposed and final rules with ``Federal mandates'' that
may result in expenditures to State, local, or tribal governments, in
the aggregate, or to the private sector, of $100 million or more in any
one year. When such a statement is needed for a rule, section 205 of
the UMRA generally requires RBS to identify and consider a reasonable
number of regulatory alternatives and adopt the least burdensome
alternative that achieves the objectives of the rule.
This rule contains no Federal mandates (under the regulatory
provisions of Title II of the UMRA) for State, local and tribal
governments, or the private sector. Thus, today's rule is not subject
to the requirements of sections 202 and 205 of the UMRA.
Paperwork Reduction Act
This final rule does not impose any new information or
recordkeeping requirements on the public. The Agency will update the
data documenting the burden on the public at its regularly scheduled
burden submissions to OMB.
Background
This final rule removes regulations concerning the Nonprofit
National Corporations Loan and Grant Program from the Code of Federal
Regulations, since no funding is available or requested.
List of Subjects in 7 CFR Part 1980
Business and industry, Grant programs--business, Loan programs--
business, Nonprofit organizations, Rural areas. Accordingly, Chapter
XVIII, title 7, Code of Federal Regulations is amended as follows:
PART 1980--GENERAL
1. The authority citation for part 1980 continues to read as
follows:
Authority: 5 U.S.C. 301; 7 U.S.C. 1989; 42 U.S.C. 1480; 7 CFR
2.23 and 2.70.
Subpart G--[Removed and Reserved]
2. Subpart G, consisting of Secs. 1980.601 through 1980.700 and
appendices A through D, is removed and reserved.
Dated: September 9, 1996.
Jill Long Thompson,
Under Secretary, Rural Development.
[FR Doc. 96-27765 Filed 10-29-96; 8:45 am]
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