[Federal Register Volume 65, Number 8 (Wednesday, January 12, 2000)]
[Rules and Regulations]
[Page 1758]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-700]
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EMERGENCY OIL AND GAS GUARANTEED LOAN BOARD
13 CFR Part 500
RIN 3003-ZA00
Loan Guarantee Decision; Availability of Environmental
Information; Correction
AGENCY: Emergency Oil and Gas Guaranteed Loan Board.
ACTION: Interim final rule, request for comments.
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SUMMARY: On December 23, 1999 to Emergency Oil and Gas Guaranteed Loan
Board published amendments to the Emergency Oil and Gas Guaranteed 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: Executive Charles E. Hall
Director, Emergency Oil and Gas Guaranteed Loan Board, U.S. Department
of Commerce, Washington, D.C. 20230.
FOR FURTHER INFORMATION CONTACT: Chales E. Hall, Executive Director,
Emergency Oil and Gas Guaranteed Loan Board, U.S. Department of
Commerce, Washington, D.C. 20230, (202) 219-0584.
SUPPLEMENTARY INFORMATION: On December 23, 1999 the Emergency Oil and
Gas Guaranteed Loan Board published amendments to the Emergency Oil and
Gas Guaranteed Loan Board regulations. Three changes to the Board's
regulations were made in this notice. An error in drafting
Sec. 500.205(a), Application Process, occurred. This notice corrects
Sec. 500.205(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. 500.205(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 a 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 to 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 500
Loan Programs--Oil and Gas.
Charles E. Hall,
Executive Director, Emergency Oil and Gas Guaranteed Loan Board.
For the reasons set forth in the preamble, the Emergency Oil and
Gas Guaranteed Loan Board amends 13 CFR part 500 as follows:
PART 500--[AMENDED]
1. The authority citation for part 500 continues to read as
follows:
Authority: Pub. L. 106-51, 113 Stat. 255 (15 U.S.C. 1841 note).
2. Section 500.205 is amended by revising paragraph (a) to read as
follows:
Sec. 500.205 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, DC 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 review if the Applicant can
document that the 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. 00-700 Filed 1-11-00; 8:45 am]
BILLING CODE 1310-FP-M