[Federal Register Volume 88, Number 99 (Tuesday, May 23, 2023)]
[Rules and Regulations]
[Page 32951]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-10637]



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 Rules and Regulations
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  Federal Register / Vol. 88, No. 99 / Tuesday, May 23, 2023 / Rules 
and Regulations  

[[Page 32951]]



DEPARTMENT OF AGRICULTURE

Rural Utilities Service

7 CFR Part 1710

[Docket No. RUS-22-ELECTRIC-0057]
RIN 0572-AC60


Electric Program Coverage Ratios Clarification and Modifications

AGENCY: Rural Utilities Service, U.S. Department of Agriculture (USDA).

ACTION: Final rule; confirmation.

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SUMMARY: The Rural Utilities Service (RUS or Agency), an agency in the 
United States Department of Agriculture (USDA) Rural Development 
Mission area, published a final rule with comment in the Federal 
Register on March 1, 2023, to modify its coverage ratio requirements, 
add an additional set of ratios, update definitions, and add 
definitions. Through this action, RUS is confirming the final rule as 
it was published as no public comments were received.

DATES: The final rule published March 1, 2023, at 88 FR 12806, is 
confirmed as of May 30, 2023.

FOR FURTHER INFORMATION CONTACT: Mark Bartholomew, Rural Utilities 
Service Electric Program, Rural Development, United States Department 
of Agriculture, 1400 Independence Avenue SW, STOP 1560, Washington, DC 
20250; 704-544-4612, [email protected].

SUPPLEMENTARY INFORMATION: Rural Development is a mission area within 
the U.S. Department of Agriculture (USDA) comprising the Rural 
Utilities Service, Rural Housing Service, and Rural Business-
Cooperative Service. Rural Development's mission is to increase 
economic opportunity and improve the quality of life for all rural 
Americans. Rural Development meets its mission by providing loans, loan 
guarantees, grants, and technical assistance through numerous programs 
aimed at creating and improving housing, business, and infrastructure 
throughout rural America.
    The RUS Electric Program provides funding to maintain, expand, 
upgrade, and modernize America's rural electric infrastructure. The 
loans and loan guarantees finance the construction or improvement of 
electric distribution, transmission, and generation facilities in rural 
areas. In an effort by the RUS Electric Program to administer its 
program in an efficient and effective manner while improving its 
customer service and experience, and in response to requests from the 
RUS Electric Program borrowers, the Electric Program undertook a 
systematic review of regulations and procedures in place to administer 
its program. In addition to this final rule, the Electric Program has 
completed two other streamlining efforts to date.
    The final rule that published March 1, 2023 (88 FR 12806), included 
a 60-day comment period that ended on May 1, 2023. The Agency has not 
received any comments on the final rule.
    With no comments on this rule, the Agency confirms the final rule 
without change.

Andrew Berke.
Administrator, Rural Utilities Service.
[FR Doc. 2023-10637 Filed 5-22-23; 8:45 am]
BILLING CODE 3410-15-P