General Policies, Types of Loans, Loan Requirements-Telecommunications, 65783 [E8-26317]

Download as PDF 65783 Proposed Rules Federal Register Vol. 73, No. 215 Wednesday, November 5, 2008 This section of the FEDERAL REGISTER contains notices to the public of the proposed issuance of rules and regulations. The purpose of these notices is to give interested persons an opportunity to participate in the rule making prior to the adoption of the final rules. DEPARTMENT OF AGRICULTURE Rural Utilities Service 7 CFR Part 1735 RIN 0572–AC13 General Policies, Types of Loans, Loan Requirements—Telecommunications DEPARTMENT OF HOMELAND SECURITY Rural Utilities Service, USDA. Proposed rule. AGENCY: 6 CFR Chapter I ACTION: [DHS 2008–0076] SUMMARY: The Rural Utilities Service, an agency delivering the United States Department of Agriculture (USDA) Rural Development Utilities Program, hereinafter referred to as Rural Development and/or the Agency, amends its regulations for the Telecommunications Loan Program (Loan Program). The Agency has reviewed its criteria for approving loans and has determined that modifications to the Loan Program regulations are required in order to ensure that some financially sound applicants are not excluded from the Loan Program. Specifically, this rule will modify the Times Interest Earned Ratio (TIER) requirements that an applicant must comply with when receiving a loan. In addition, the rule is part of an ongoing Agency project to update Agency policies to enable borrowers to provide reliable, modern telecommunications service at reasonable costs in rural areas, while maintaining the security and feasibility of the Government’s loans. In the final rules section of this Federal Register, Rural Development is publishing this action as a direct final rule without prior proposal because the Agency views this as a noncontroversial action and anticipates no adverse comments. If no adverse comments are received in response to the direct final rule, no further action will be taken on this proposed rule and the action will become effective at the time specified in the direct final rule. If the Agency receives adverse comments, a timely document will be published withdrawing the direct final rule and all public comments received will be addressed in a subsequent final rule based on this action. DATES: Comments on this proposed action must be received by Rural Development or carry a postmark or equivalent no later than December 5, 2008. RIN 1601–AA52 Secure Handling of Ammonium Nitrate Program National Protection and Programs Directorate, Department of Homeland Security. ACTION: Advance Notice of Proposed Rulemaking; correction. AGENCY: SUMMARY: The Department of Homeland Security published an Advance Notice of Proposed Rulemaking in the Federal Register of October 29, 2008. That document contained an omission; specifically, it did not include ‘‘DHS’’ in the reference to the docket number. FOR FURTHER INFORMATION CONTACT: Dennis Deziel, Office of Infrastructure Protection, Infrastructure Security Compliance Division, Mail Stop 8100, Washington, DC 20528, telephone number (703) 235–5263. hsrobinson on PROD1PC76 with PROPOSALS Correction In the Federal Register of October 29, 2008, in FR Doc. E8–25821, on page 64280, in the first column, correct the ADDRESSES section to read: ADDRESSES: You may submit comments, identified by docket number DHS 2008– 0076, by one of the following methods: • Federal eRulemaking Portal: https:// www.regulations.gov. Follow the instructions for submitting comments. • Mail: U.S. Department of Homeland Security, National Protection and Programs Directorate, Office of Infrastructure Protection, Infrastructure Security Compliance Division, Mail Stop 8100, Washington, DC 20528. Mary Kate Whalen, Associate General Counsel for Regulatory Affairs. [FR Doc. E8–26294 Filed 11–4–08; 8:45 am] BILLING CODE 4410–10–P VerDate Aug<31>2005 16:03 Nov 04, 2008 Jkt 217001 PO 00000 Frm 00001 Fmt 4702 Sfmt 4702 Submit adverse comments by either of the following methods: • Federal eRulemaking Portal: Go to https://www.regulations.gov and in the ‘‘Search Documents’’ box, enter RUS– 08–Telecom–0002, and select GO>>. To submit a comment, choose ‘‘Send a comment or submission,’’ under the Docket Title. In order to submit your comment, the information requested on the ‘‘Public Comment and Submission Form,’’ must be completed. Information on using Regulations.gov, including instructions for accessing documents, submitting comments, and viewing the docket after the close of the comment period, is available through the site’s ‘‘How to Use this Site’’ link. • Postal Mail/Commercial Delivery: Please send your comment addressed to Michele Brooks, Director, Program Development and Regulatory Analysis, USDA Rural Development, STOP 1522, Room 5159, 1400 Independence Avenue, Washington, DC 20250–1522. Please state that your adverse comment refers to Docket No. RUS–08–Telecom– 0002. • Other Information: Additional information about Rural Development and its programs is available at https:// www.rurdev.usda.gov/. ADDRESSES: Jerry H. Brent, Director, Northern Division, Telecommunications Program, USDA Rural Development, STOP 1595, 1400 Independence Avenue, SW., Washington, DC 20250–1595, Telephone (202)720–1025, Facsimile (202) 690–4654. E-mail address: jerry.brent@usda.gov FOR FURTHER INFORMATION CONTACT: SUPPLEMENTARY INFORMATION: See the SUPPLEMENTARY INFORMATION provided in the direct final rule located in the Rules and Regulations direct final rule section of this Federal Register for the applicable SUPPLEMENTARY INFORMATION on this action. Dated: September 8, 2008. James M. Andrew, Administrator, Rural Utilities Service. [FR Doc. E8–26317 Filed 11–4–08; 8:45 am] BILLING CODE 3410–15–P E:\FR\FM\05NOP1.SGM 05NOP1

Agencies

[Federal Register Volume 73, Number 215 (Wednesday, November 5, 2008)]
[Proposed Rules]
[Page 65783]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-26317]


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DEPARTMENT OF AGRICULTURE

Rural Utilities Service

7 CFR Part 1735

RIN 0572-AC13


General Policies, Types of Loans, Loan Requirements--
Telecommunications

AGENCY: Rural Utilities Service, USDA.

ACTION: Proposed rule.

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SUMMARY: The Rural Utilities Service, an agency delivering the United 
States Department of Agriculture (USDA) Rural Development Utilities 
Program, hereinafter referred to as Rural Development and/or the 
Agency, amends its regulations for the Telecommunications Loan Program 
(Loan Program). The Agency has reviewed its criteria for approving 
loans and has determined that modifications to the Loan Program 
regulations are required in order to ensure that some financially sound 
applicants are not excluded from the Loan Program.
    Specifically, this rule will modify the Times Interest Earned Ratio 
(TIER) requirements that an applicant must comply with when receiving a 
loan. In addition, the rule is part of an ongoing Agency project to 
update Agency policies to enable borrowers to provide reliable, modern 
telecommunications service at reasonable costs in rural areas, while 
maintaining the security and feasibility of the Government's loans.
    In the final rules section of this Federal Register, Rural 
Development is publishing this action as a direct final rule without 
prior proposal because the Agency views this as a non-controversial 
action and anticipates no adverse comments. If no adverse comments are 
received in response to the direct final rule, no further action will 
be taken on this proposed rule and the action will become effective at 
the time specified in the direct final rule. If the Agency receives 
adverse comments, a timely document will be published withdrawing the 
direct final rule and all public comments received will be addressed in 
a subsequent final rule based on this action.

DATES: Comments on this proposed action must be received by Rural 
Development or carry a postmark or equivalent no later than December 5, 
2008.

ADDRESSES: Submit adverse comments by either of the following methods:
     Federal eRulemaking Portal: Go to https://
www.regulations.gov and in the ``Search Documents'' box, enter RUS-08-
Telecom-0002, and select GO>>. To submit a comment, choose ``Send a 
comment or submission,'' under the Docket Title. In order to submit 
your comment, the information requested on the ``Public Comment and 
Submission Form,'' must be completed. Information on using 
Regulations.gov, including instructions for accessing documents, 
submitting comments, and viewing the docket after the close of the 
comment period, is available through the site's ``How to Use this 
Site'' link.
     Postal Mail/Commercial Delivery: Please send your comment 
addressed to Michele Brooks, Director, Program Development and 
Regulatory Analysis, USDA Rural Development, STOP 1522, Room 5159, 1400 
Independence Avenue, Washington, DC 20250-1522. Please state that your 
adverse comment refers to Docket No. RUS-08-Telecom-0002.
     Other Information: Additional information about Rural 
Development and its programs is available at https://
www.rurdev.usda.gov/.

FOR FURTHER INFORMATION CONTACT: Jerry H. Brent, Director, Northern 
Division, Telecommunications Program, USDA Rural Development, STOP 
1595, 1400 Independence Avenue, SW., Washington, DC 20250-1595, 
Telephone (202)720-1025, Facsimile (202) 690-4654. E-mail address: 
jerry.brent@usda.gov

SUPPLEMENTARY INFORMATION: See the SUPPLEMENTARY INFORMATION provided 
in the direct final rule located in the Rules and Regulations direct 
final rule section of this Federal Register for the applicable 
SUPPLEMENTARY INFORMATION on this action.

    Dated: September 8, 2008.
James M. Andrew,
Administrator, Rural Utilities Service.
[FR Doc. E8-26317 Filed 11-4-08; 8:45 am]
BILLING CODE 3410-15-P

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