[Federal Register Volume 65, Number 29 (Friday, February 11, 2000)]
[Rules and Regulations]
[Pages 6888-6889]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-3291]


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EMERGENCY OIL AND GAS GUARANTEED LOAN BOARD

13 CFR Part 500

RIN 3003-ZA00


Loan Guarantee Decision; Application Deadline

AGENCY:  Emergency Oil and Gas Guaranteed Loan Board.

ACTION:  Final rule.

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SUMMARY:  In order to provide additional time for filing applications, 
the Emergency Oil and Gas Guaranteed Loan Board is reopening the 
application window for the submission of guarantee applications.

DATES:  This rule is effective February 11, 2000.

FOR FURTHER INFORMATION CONTACT:  Charles E. Hall, Executive Director, 
Emergency Oil and Gas Guaranteed Loan Board, US Department of Commerce, 
Washington, D.C. 20230, (202) 219-0584.

SUPPLEMENTARY INFORMATION:

Background

    In order to provide additional time for the submission of completed 
applications, the deadline for the submission of applications has been 
reopened until February 28, 2000.

Administrative Law Requirements:

Executive Order 12866

    This 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

[[Page 6889]]

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. Sec. 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. Sec. 801 et seq.

Intergovernmental Review

    No intergovernmental consultations with State and local officials 
is 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 500

    Administrative practice and procedure, Loan Program--Oil and Gas, 
Reporting and recordkeeping requirements.


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:
    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 paragraphs (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 5 P.M. EST, February 28, 
2000, in the U.S. Department of Commerce, 1401 Constitution Avenue, 
NW., room H-2500, Washington, DC 20230. Applications which have been 
provided to a delivery service on or before February 27, 2000, with 
``delivery guaranteed'' before 5 P.M. on February 28, 2000, will be 
acceptabled 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 February 27, 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. 00-3291 Filed 2-10-00; 8:45 am]
BILLING CODE 3510-17-M