[Federal Register Volume 67, Number 187 (Thursday, September 26, 2002)]
[Notices]
[Page 60637]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-24428]


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DEPARTMENT OF AGRICULTURE

Farm Service Agency


Notice of Funds Availability (NOFA) Inviting Applications for the 
Horse Breeder Loan Program; Correction

AGENCY: Farm Service Agency, USDA.

ACTION: Notice; correction.

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SUMMARY: This document contains a correction to the Notice of Funds 
Availability (NOFA) published Friday July 5, 2002, for the Horse 
Breeder Loan Program. The loss calculation formula in the NOFA 
incorrectly calculated losses other than foal losses by inadvertently 
penalizing horse breeders who generated income form foal loss. This 
document corrects the formula used to calculate the value of losses, 
other than foal losses, for the horse breeder business.

FOR FURTHER INFORMATION CONTACT: Cathy Quayle, Senior Loan Officer or 
Patrick Spalding, Senior Loan Officer, USDA/FSA/DAFLP/STOP 0522, 1400 
Independence Avenue, SW., Washington, DC 20250-0522; telephone (202) 
720-1472; facsimile (202) 720-6797; electronic mail: [email protected] or [email protected].

Correction

    Accordingly, in the NOFA published on July 5, 2002 (67 FR 44799--
44804) make the following correction:
    On page 44802, in the first column, in section XI, correct the 
first sentence of paragraph 3(b) to read as follows:
XI. Loss Calculations
* * * * *
    3. * * *
    (b) The annual net income for the horse breeder business will be 
determined by subtracting all cash business expenses for the horse 
breeder business from all business income for the horse breeder 
business reported on Schedule F and other related schedules of the 
applicant's Federal income tax return. * * *
* * * * *

    Signed at Washington, DC, on September 12, 2002.
James R. Little,
Administrator, Farm Service Agency.
[FR Doc. 02-24428 Filed 9-25-02; 8:45 am]
BILLING CODE 3410-05-P