[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] ======================================================================= ----------------------------------------------------------------------- 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. ----------------------------------------------------------------------- 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. * * * * * [FR Doc. 00-700 Filed 1-11-00; 8:45 am] BILLING CODE 1310-FP-M