Rule2023-10637
Electric Program Coverage Ratios Clarification and Modifications
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
May 23, 2023
Issuing agencies
Agriculture DepartmentRural Utilities Service
Abstract
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.
Full Text
<html>
<head>
<title>Federal Register, Volume 88 Issue 99 (Tuesday, May 23, 2023)</title>
</head>
<body><pre>
[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 [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-10637]
========================================================================
Rules and Regulations
Federal Register
________________________________________________________________________
This section of the FEDERAL REGISTER contains regulatory documents
having general applicability and legal effect, most of which are keyed
to and codified in the Code of Federal Regulations, which is published
under 50 titles pursuant to 44 U.S.C. 1510.
The Code of Federal Regulations is sold by the Superintendent of Documents.
========================================================================
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.
-----------------------------------------------------------------------
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, <a href="/cdn-cgi/l/email-protection#6b060a190045090a191f03040704060e1c2b1e180f0a450c041d"><span class="__cf_email__" data-cfemail="1974786b72377b786b6d71767576747c6e596c6a7d78377e766f">[email protected]</span></a>.
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
</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>Indexed from Federal Register on May 23, 2023.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.