Rule2025-22660

OneRD Guarantee Loan Regulation

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
December 12, 2025
Effective
November 29, 2024

Issuing agencies

Agriculture DepartmentRural Utilities Service

Abstract

Rural Development's Rural Business-Cooperative Service, Rural Housing Service, and Rural Utilities Service, agencies of the United States Department of Agriculture (USDA), collectively referred to as the Agency in this document, published in the Federal Register on September 30, 2024, a final rule with request for comments. Through this action, the agencies are confirming the final rule as it was published and providing responses to the public comments that were received.

Full Text

<html>
<head>
<title>Federal Register, Volume 90 Issue 237 (Friday, December 12, 2025)</title>
</head>
<body><pre>
[Federal Register Volume 90, Number 237 (Friday, December 12, 2025)]
[Rules and Regulations]
[Page 57675]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-22660]



========================================================================
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. 90, No. 237 / Friday, December 12, 2025 / 
Rules and Regulations

[[Page 57675]]



DEPARTMENT OF AGRICULTURE

Rural Utilities Service

7 CFR Part 5001

[Docket No. RUS-24-AGENCY-0039]
RIN 0572-AC63


OneRD Guarantee Loan Regulation

AGENCY: Rural Business-Cooperative Service, Rural Housing Service, 
Rural Utilities Service, USDA.

ACTION: Final rule; confirmation.

-----------------------------------------------------------------------

SUMMARY: Rural Development's Rural Business-Cooperative Service, Rural 
Housing Service, and Rural Utilities Service, agencies of the United 
States Department of Agriculture (USDA), collectively referred to as 
the Agency in this document, published in the Federal Register on 
September 30, 2024, a final rule with request for comments. Through 
this action, the agencies are confirming the final rule as it was 
published and providing responses to the public comments that were 
received.

DATES: The final rule published at 89 FR 79698 on September 30, 2024, 
is effective and confirmed as of November 29, 2024.

FOR FURTHER INFORMATION CONTACT: Brian Wiles, Director of Guaranteed 
Lending, Rural Business-Cooperative Service, United States Department 
of Agriculture, 1400 Independence Avenue SW, Mail Stop 3201, Room 5803-
South, Washington, DC 20250-3201, via phone 405-612-4839 or 
<a href="/cdn-cgi/l/email-protection#6b0919020a05451c02070e182b1e180f0a450c041d"><span class="__cf_email__" data-cfemail="6b0919020a05451c02070e182b1e180f0a450c041d">[email&#160;protected]</span></a>.

SUPPLEMENTARY INFORMATION: The final rule that published September 30, 
2024 (89 FR 79698), included a 30-day comment period that ended October 
30, 2024. The intent of the rule was to make necessary revisions to the 
policy and procedures to strengthen oversight and management of the 
growing Community Facilities (CF), Water and Waste Disposal (WWD), 
Business and Industry (B&I), and Rural Energy for America (REAP) 
guarantee portfolios.
    The Agency received detailed, responsive comments from four 
individual respondents. The Agency reviewed the comments and provided 
an Agency response below. The Agency has decided to proceed with 
implementation of the final rule without further amendments.

Sec. 5001.127 Borrower ineligibility conditions.

    Comment: All four comments indicated disagreement with the Agency's 
decision to prohibit an entity that receives income from marijuana 
operations from receiving Agency assistance.
    Agency Response: The Agency is aware that many states have 
legalized the production and sale of marijuana; however, marijuana is 
currently listed as a schedule I substance under the Controlled 
Substances Act (Pub. L. 91-513). As noted in the regulation any entity 
that derives income from illegal drugs, drug paraphernalia, or any 
other illegal product or activity are ineligible under Federal Statute.
    No change to the rulemaking is necessary. The Agency appreciates 
the comments received. The Agency confirms the final rule without 
change.

Joseph Gilson,
Chief of Staff, Rural Development.
[FR Doc. 2025-22660 Filed 12-11-25; 8:45 am]
BILLING CODE 3410-XP-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 December 12, 2025.

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.