[Federal Register Volume 67, Number 29 (Tuesday, February 12, 2002)]
[Rules and Regulations]
[Page 6369]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-3288]



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  Federal Register / Vol. 67, No. 29 / Tuesday, February 12, 2002 / 
Rules and Regulations  

[[Page 6369]]



DEPARTMENT OF AGRICULTURE

Rural Utilities Service

7 CFR Part 1710

RIN 0572-AB71


Notice of Confirmation of Direct Final Rule

AGENCY: Rural Utilities Service, USDA.

ACTION: Notice of confirmation of direct final rule.

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SUMMARY: The Rural Utilities Service (RUS) hereby gives notice that no 
adverse comments were received regarding the direct final rule 
establishing rules and regulations to administer the Treasury Rate 
Direct Loan Program, and confirms the effective date of the direct 
final rule.

DATES: The direct final rule published in the Federal Register on 
December 26, 2001 (66 FR 66293) is effective February 11, 2002.

FOR FURTHER INFORMATION CONTACT: Robert O. Ellinger, Chief, Policy 
Analysis and Loan Management Staff, U.S. Department of Agriculture, 
Rural Utilities Service, Electric Program, Room 4041 South Building, 
Stop 1560, 1400 Independence Ave., SW., Washington, DC 20250-1560, 
Telephone: (202) 720-0424, FAX (202) 690-0717, E-mail: 
[email protected].

SUPPLEMENTARY INFORMATION:   

Background

    In fiscal year 2001, Congress provided funding to establish a 
Treasury rate loan program to address the backlog of qualified loan 
applications for insured municipal rate electric loans from RUS. RUS 
administered the Treasury rate loan program in a manner substantially 
the same as it administered the municipal rate program under a Notice 
of Funding Availability (NOFA) published in the Federal Register at 65 
FR 80830 on December 22, 2000. Title III of the Agriculture, Rural 
Development, Food and Drug Administration, and Related Agencies 
Appropriations Act, 2002 ( Pub. L. 107-76) authorizes a Treasury rate 
electric loan program of $750 million for FY 2002. RUS is amending its 
regulations to establish rules and regulations to administer the 
Treasury rate loan program.

Confirmation of Effective Date

    This is to confirm the effective date of February 11, 2002, 7 CFR 
part 1710, Treasury Rate Direct Loan Program, published in the Federal 
Register on December 26, 2001, at 66 FR 66293.

    Dated: January 29, 2002.
Hilda Gay Legg,
Administrator, Rural Utilities Service.
[FR Doc. 02-3288 Filed 2-11-02; 8:45 am]
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