[Federal Register Volume 65, Number 8 (Wednesday, January 12, 2000)]
[Rules and Regulations]
[Pages 1757-1758]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-699]


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EMERGENCY STEEL GUARANTEE LOAN BOARD

13 CFR Part 400

RIN 3003-ZA00


Loan Guarantee Decision; Availability of Environmental 
Information; Correction

AGENCY: Emergency Steel Guarantee Loan Board.

ACTION: Interim final rule, request for comments.

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SUMMARY: On December 23, 1999 the Emergency Steel Guarantee Loan Board 
published amendments to the Emergency Steel Guarantee Loan Board 
regulations. An error in drafting one of the regulatory changes 
occurred. This rule corrects that error.

DATES: This rule is effective January 11, 2000. Comments may be 
submitted no later than March 13, 2000.

ADDRESSES: Comments may be submitted to: Jay E. Dittus, Executive 
Director, Emergency Steel Guarantee Loan Board, U.S. Department of 
Commerce, Washington, D.C. 20230.

FOR FURTHER INFORMATION CONTACT: Jay E. Dittus, Executive Director, 
Emergency Steel Guarantee Loan Board, U.S. Department of Commerce, 
Washington, D.C. 20230, (202) 219-0584.

SUPPLEMENTARY INFORMATION: On December 23, 1999 the Emergency Steel 
Guarantee Loan Board published amendments of the Emergency Steel 
Guarantee Loan Board regulations. Three changes to the Board's 
regulations were made in this notice. An error in drafting 
Sec. 400.205(a), Application Process, occurred. This notice correct 
Sec. 400.205(a) to reflect the intent of the Board.
    In response to industry concerns over the time frame for the 
submission of completed applications, the deadline for the submission 
of applications was extended from December 30, 1999, to January 31, 
2000. Currently, Sec. 400.205(a) requires that applications be provided 
to a delivery service on or before January 30, 2000, with ``delivery 
guaranteed'' before 8:00 P.M. on January 30, 2000, in order to meet the 
Board's submission deadline. The correct date for applications with 
``delivery guaranteed'' should be before 8:00 P.M. on January 31, 2000.

Administrative Law Requirements

Executive Order 12866

    This interim final rule has been determined not to be significant 
for purposes of Executive Order 12866.

Administrative Procedure Act

    This rule is exempt from the requirement to provide prior notice 
and an opportunity for public comment pursuant to 5 U.S.C. 553(b)(A), 
as it involves a matter relating to Board procedures and practice. 
Similarly, because this rule of procedure does not have a substantive 
effect on the public, it is not subject to a 30 day delay in effective 
date, as normally is required under 5 U.S.C. 553(d). However, the Board 
is interested in receiving public comment and is, therefore, issuing 
this rule as interim final.

Regulatory Flexibility Act

    Because this rule is not subject to a requirement to provide prior 
notice and an opportunity for public comment pursuant to 5 U.S.C. 553, 
or any other law, the analytical requirements of the Regulatory 
Flexibility Act, 5 U.S.C. 601 et seq., are inapplicable.

Congressional Review Act

    This rule has been determined to be not major for purposes of the 
Congressional Review Act, 5 U.S.C. 801 et seq.

Intergovernmental Review

    No intergovernmental consultations with State and local officials 
are required because the rule is not subject to the provisions of 
Executive Order 12372 or Executive Order 12875.

Unfunded Mandate Reform Act of 1995

    This rule contains no Federal mandates, as that term is defined in 
the Unfunded Mandates Reform Act, on state, local and tribal 
governments or the private sector.

Executive Order 13132

    This rule does not contain policies having federalism implications 
requiring preparation of a Federalism Assessment.

Executive Order 12630

    This rule does not contain policies that have takings implications.

List of Subjects in 13 CFR Part 400

    Loan Programs--Steel.
Jay E. Dittus,
Executive Director, Emergency Steel Guarantee Loan Board.

    For the reasons set forth in the preamble, the Emergency Steel 
Guarantee Loan Board amends 13 CFR part 400 as follows:

PART 400--[AMENDED]

    1. The authority citation for part 400 continues to read as 
follows:

    Authority: Pub. L. 106-51, 113 Stat. 255 (15 U.S.C. 1841 note).

    2. Section 400.205 is amended by revising paragraph (a) to read as 
follows:


Sec. 400.205  Application process.

    (a) Application process. An original application and three copies 
must be received by the Board no later than 8 p.m. EST, January 31, 
2000, in the U.S. Department of Commerce, Washington, D.C. 20230. 
Applications which have been provided to a delivery service on or 
before January 30, 2000, with ``delivery guaranteed'' before 8 p.m. on 
January 31, 2000, will be accepted for

[[Page 1758]]

review if the Applicant can document that application was provided to 
the delivery service with delivery to the address listed in this 
section guaranteed prior to the closing date and time. A postmark of 
January 31, 2000, is not sufficient to meet this deadline as the 
application must be received by the required date and time. 
Applications will not be accepted via facsimile machine transmission or 
electronic mail.
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[FR Doc. 00-699 Filed 1-11-00; 8:45 am]
BILLING CODE 1310-FP-M