Business Loan Program Regulations: Incorporation of London Interbank Offered Rate (LIBOR) Base Rate and Secondary Market Pool Interest Rate Changes, 1992-1993 [E9-430]

Download as PDF 1992 Federal Register / Vol. 74, No. 9 / Wednesday, January 14, 2009 / Proposed Rules Dated: January 8, 2009. James E. Link, Administrator, Agricultural Marketing Service. [FR Doc. E9–607 Filed 1–13–09; 8:45 am] BILLING CODE 3410–02–P DEPARTMENT OF ENERGY 10 CFR Part 431 [Docket No. EERE–2008–BT–STD–0015] RIN 1904–AB86 Energy Efficiency Program for Consumer Products: Public Meeting and Availability of the Framework Document for Walk-In Coolers and Walk-In Freezers; Date Change; Correction AGENCY: Office of Energy Efficiency and Renewable Energy, Department of Energy. ACTION: Proposed rule; date change; correction. The Department of Energy published a notice in the Federal Register on January 6, 2009, of a public meeting and availability of the framework document regarding energy conservation standards for walk-in coolers and walk-in freezers. This notice corrects the date of the public meeting, the date of the deadline for requesting to speak at the public meeting, and the date of the deadline for submitting written comments on the framework document. SUMMARY: original and an electronic copy of the statement to be given at the public meeting before 4 p.m., Wednesday, January 28, 2009. Written comments on the framework document are welcome, especially following the public meeting, and should be submitted by Thursday, February 12, 2009. SUPPLEMENTARY INFORMATION: As noted above, DOE will hold a public meeting on Wednesday, February 4, 2009, in Washington, DC, the purpose of the meeting is to discuss the analyses presented and issues identified in the Framework Document. For additional information regarding the document and the meeting, the agency refers readers to the prior January 6, 2009 notice. 74 FR 411. The Department welcomes all interested parties, whether or not they participate in the public meeting, to submit written comments regarding matters addressed in the Framework Document, as well as any other related issues by February 12, 2009. Issued in Washington, DC, on January 8, 2009. David E. Rodgers, Deputy Assistant Secretary for Energy Efficiency, Office of Technology Development, Energy Efficiency and Renewable Energy. [FR Doc. E9–591 Filed 1–13–09; 8:45 am] BILLING CODE 6450–01–P SMALL BUSINESS ADMINISTRATION 13 CFR Part 120 FOR FURTHER INFORMATION CONTACT: Charles Llenza, U.S. Department of Energy, Office of Energy Efficiency and Renewable Energy, Building Technologies, EE–2J, 1000 Independence Avenue, SW., Washington, DC 20585–0121. Telephone: (202) 586–2192. e-mail: Charles.Llenza@ee.doe.gov. Michael Kido, U.S. Department of Energy, Office of the General Counsel, GC–72, 1000 Independence Avenue, SW., Washington, DC 20585–0121. Telephone: (202) 586–8145. e-mail: Michael.Kido@hq.doe.gov. RIN 3245–AF83 Business Loan Program Regulations: Incorporation of London Interbank Offered Rate (LIBOR) Base Rate and Secondary Market Pool Interest Rate Changes AGENCY: U.S. Small Business Administration (SBA). ACTION: Interim Final Rule, notice of reopening of comment period. sroberts on PROD1PC70 with PROPOSALS Date Change/Corrections SUMMARY: SBA is reopening the comment period for an additional 90 days. In the Federal Register of January 6, 2009, FR Doc. E8–31405, on page 411, the following correction is made to the DATES section: DATES: The Department will hold a public meeting on Wednesday, February 4, 2009, from 9 a.m. to 4 p.m. in Washington, DC. Any person requesting to speak at the public meeting should submit such request along with a signed DATES: Comments on the interim final rule on Business Loan Program Regulations: Incorporation of London Interbank Offered Rate (LIBOR) Base Rate and Secondary Market Pool Interest Rate Changes, must be received on or before April 14, 2009. ADDRESSES: You may submit comments, identified by 3245–AF83, by any of the following methods: VerDate Nov<24>2008 16:42 Jan 13, 2009 Jkt 217001 PO 00000 Frm 00045 Fmt 4702 Sfmt 4702 • Federal eRulemaking Portal: https:// www.regulations.gov. Follow the instructions for submitting comments. • Mail, Hand Delivery/Courier: Grady Hedgespeth, Director, Office of Financial Assistance, U.S. Small Business Administration, 409 3rd Street, SW., Washington, DC 20416. All comments will be posted on https://www.regulations.gov. If you wish to include within your comment confidential business information (CBI) as defined in the Privacy and Use Notice/User Notice at https:// www.regulations.gov, and you do not want that information disclosed, you must submit the comments by either Mail or Hand Delivery and you must address the comment to Grady Hedgespeth, Director, Office of Financial Assistance. In the submission, you must highlight the information that you consider to be CBI and explain why you believe this information should be held confidential. SBA will make a final determination, in its discretion, of whether information is CBI and, therefore, the comments will not be published. FOR FURTHER INFORMATION CONTACT: Grady Hedgespeth, Director, Office of Financial Assistance, 202–205–7562, or grady.hedgespeth@sba.gov. SUPPLEMENTARY INFORMATION: On November 13, 2008, SBA published in the Federal Register an interim final rule permanently adding a base rate of LIBOR for lenders to use when pricing 7(a) loans and allowing for secondary market loan pools to be formed with weighted average coupon rates. (73 FR 67099). This rule was added to help ensure continued availability of capital to small businesses and to improve liquidity in and efficiency of the secondary market for SBA loans. The original comment period ended on December 15, 2008. SBA is reopening the comment period for a limited time until April 14, 2009 in order to solicit additional comments as our lending partners and secondary market participants continue to implement the two changes allowed in the interim final rule. Some SBA partners are still updating their systems to incorporate LIBOR based loans. SBA’s recently published Procedural Notice No. 5000– 1081: One Month LIBOR Plus 3 Percent Allowed as SBA Base Rate (Nov. 14, 2008) and SBA Information Notice: Implementation of SBA’s Addition of LIBOR Plus 3 Percent as a Base Rate (Nov. 20, 2008), both of which can be found at https://www.sba.gov. Additionally, procedures for weighted average coupon pools were recently released by SBA. SBA Procedural Notice E:\FR\FM\14JAP1.SGM 14JAP1 Federal Register / Vol. 74, No. 9 / Wednesday, January 14, 2009 / Proposed Rules No. 5000–1086: Initiative to Facilitate the Sale of SBA 7(a) Loans on the Secondary Market (Dec. 17, 2008), which can be found at https:// www.sba.gov. SBA would like to ensure that lenders and secondary market participants are afforded an opportunity to comment on the interim final rule as they fully implement these program changes. Authority: 15 U.S.C. 634. Eric Zarnikow, Associate Administrator, Office of Capital Access. [FR Doc. E9–430 Filed 1–13–09; 8:45 am] BILLING CODE 8025–01–P DEPARTMENT OF TRANSPORTATION Federal Highway Administration 23 CFR Part 511 [FHWA Docket No. FHWA–2006–24219] RIN 2125–AF19 Real-Time System Management Information Program sroberts on PROD1PC70 with PROPOSALS AGENCY: Federal Highway Administration (FHWA), DOT. ACTION: Notice of proposed rulemaking (NPRM); request for comments. SUMMARY: Section 1201 of the Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users (SAFETEA–LU) requires the Secretary of Transportation (Secretary) to establish a Real-Time System Management Information Program that provides, in all States, the capability to monitor, in real-time, the traffic and travel conditions of the major highways of the United States and to share that data with State and local governments and with the traveling public. This proposed rule would establish minimum parameters and requirements for States to make available and share traffic and travel conditions information via real-time information programs. DATES: Comments must be received on or before April 14, 2009. Late-filed comments will be considered to the extent practicable. ADDRESSES: Mail or hand deliver comments to the U.S. Department of Transportation, Docket Management Facility, Room W12–140, 1200 New Jersey Avenue, SE., Washington, DC 20590, or fax comments to (202) 493– 2251. Comments may be submitted VerDate Nov<24>2008 16:42 Jan 13, 2009 Jkt 217001 electronically to the Federal eRulemaking portal at https:// www.regulations.gov. All comments should include the docket number that appears in the heading of this document. All comments received will be available for examination and copying at the above address from 9 a.m. to 5 p.m., e.t., Monday through Friday, except Federal holidays. Those desiring notification of receipt of comments must include a selfaddressed, stamped postcard or you may print the acknowledgment page that appears after submitting comments electronically. Anyone is able to search the electronic form of all comments in any one of our dockets by the name of the individual submitting the comment (or signing the comment, if submitted on behalf of an association, business, or labor union). You may review DOT’s complete Privacy Act Statement in the Federal Register published on April 11, 2000 (Volume 65, Number 70, Pages 19477–78) or you may visit https:// DocketsInfo.dot.gov. FOR FURTHER INFORMATION CONTACT: Mr. Robert Rupert, FHWA Office of Operations, (202) 366–2194, or via email at robert.rupert@dot.gov; or, Mr. James Pol, U.S. DOT ITS Joint Program Office, (202) 366–4374, or via e-mail at james.pol@dot.gov. For legal questions, please contact Ms. Lisa MacPhee, Attorney Advisor, FHWA Office of the Chief Counsel, (202) 366–1392, or via email atlisa.macphee@dot.gov. Office hours for the FHWA are from 7:45 a.m. to 4:15 p.m., e.t., Monday through Friday, except Federal holidays. SUPPLEMENTARY INFORMATION: Electronic Access and Filing You may submit or retrieve comments online through the Federal eRulemaking portal at: https://www.regulations.gov. Electronic submission and retrieval help and guidelines are available under the help section of the Web site. The Federal eRulemaking portal is available 24 hours each day, 365 days each year. Please follow the instructions. An electronic copy of this document may also be downloaded by accessing the Office of the Federal Register’s home page at https://www.archives.gov or the Government Printing Office’s Web page at https://www.gpoaccess.gov/nara. A Brief Description of the Proposed Rule The FHWA proposes to require that each State establish a real-time PO 00000 Frm 00046 Fmt 4702 Sfmt 4702 1993 information program that would provide traffic and travel conditions reporting and support other efforts related to congestion relief. The provision of traffic and travel conditions reporting to other agencies and to travelers would enable agencies to communicate the operational characteristics within their State or metropolitan area. Such information would disclose the presence and severity of congestion and other travel impedances that limit traveler mobility and the efficient movement of goods. These proposed regulations would not impose any requirement for a State to apply any particular technology, any particular technology-dependent application, or any particular business approach for establishing a real-time information program. States and other public agencies instead would be encouraged to consider any salient technology, technology-dependent application, and business approach options that yield information products consistent with the requirements set forth in this proposed rule. States will be encouraged to work with value added information providers to establish realtime information programs. Value added information providers presently and in the future will create information products for commercial use, for sale to a customer base, or for other commercial enterprise purposes. Based upon this proposed rule, such products could be derived from information from public sector sources in addition to the private sector’s own capabilities for creating information content. The FHWA proposes to require realtime information programs to be capable of delivering traffic and travel conditions on: traffic incidents that block roadway travel, roadway weather conditions, and construction activities affecting travel conditions. Those realtime information programs that deliver traffic and travel conditions for Metropolitan Areas exceeding a population of 1 million inhabitants also would provide travel times for highway segments. The FHWA proposes to require general uniformity among the real-time information programs to ensure consistent service to travelers and to other agencies. The table below identifies the proposed traffic and travel condition categories and characteristics: E:\FR\FM\14JAP1.SGM 14JAP1

Agencies

SMALL BUSINESS ADMINISTRATION

[Federal Register Volume 74, Number 9 (Wednesday, January 14, 2009)]
[Proposed Rules]
[Pages 1992-1993]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-430]


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SMALL BUSINESS ADMINISTRATION

13 CFR Part 120

RIN 3245-AF83


Business Loan Program Regulations: Incorporation of London 
Interbank Offered Rate (LIBOR) Base Rate and Secondary Market Pool 
Interest Rate Changes

AGENCY: U.S. Small Business Administration (SBA).

ACTION: Interim Final Rule, notice of reopening of comment period.

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

SUMMARY: SBA is reopening the comment period for an additional 90 days.

DATES: Comments on the interim final rule on Business Loan Program 
Regulations: Incorporation of London Interbank Offered Rate (LIBOR) 
Base Rate and Secondary Market Pool Interest Rate Changes, must be 
received on or before April 14, 2009.

ADDRESSES: You may submit comments, identified by 3245-AF83, by any of 
the following methods:
     Federal eRulemaking Portal: https://www.regulations.gov. 
Follow the instructions for submitting comments.
     Mail, Hand Delivery/Courier: Grady Hedgespeth, Director, 
Office of Financial Assistance, U.S. Small Business Administration, 409 
3rd Street, SW., Washington, DC 20416.
    All comments will be posted on https://www.regulations.gov. If you 
wish to include within your comment confidential business information 
(CBI) as defined in the Privacy and Use Notice/User Notice at https://
www.regulations.gov, and you do not want that information disclosed, 
you must submit the comments by either Mail or Hand Delivery and you 
must address the comment to Grady Hedgespeth, Director, Office of 
Financial Assistance. In the submission, you must highlight the 
information that you consider to be CBI and explain why you believe 
this information should be held confidential. SBA will make a final 
determination, in its discretion, of whether information is CBI and, 
therefore, the comments will not be published.

FOR FURTHER INFORMATION CONTACT: Grady Hedgespeth, Director, Office of 
Financial Assistance, 202-205-7562, or grady.hedgespeth@sba.gov.

SUPPLEMENTARY INFORMATION: On November 13, 2008, SBA published in the 
Federal Register an interim final rule permanently adding a base rate 
of LIBOR for lenders to use when pricing 7(a) loans and allowing for 
secondary market loan pools to be formed with weighted average coupon 
rates. (73 FR 67099). This rule was added to help ensure continued 
availability of capital to small businesses and to improve liquidity in 
and efficiency of the secondary market for SBA loans. The original 
comment period ended on December 15, 2008. SBA is reopening the comment 
period for a limited time until April 14, 2009 in order to solicit 
additional comments as our lending partners and secondary market 
participants continue to implement the two changes allowed in the 
interim final rule. Some SBA partners are still updating their systems 
to incorporate LIBOR based loans. SBA's recently published Procedural 
Notice No. 5000-1081: One Month LIBOR Plus 3 Percent Allowed as SBA 
Base Rate (Nov. 14, 2008) and SBA Information Notice: Implementation of 
SBA's Addition of LIBOR Plus 3 Percent as a Base Rate (Nov. 20, 2008), 
both of which can be found at https://www.sba.gov. Additionally, 
procedures for weighted average coupon pools were recently released by 
SBA. SBA Procedural Notice

[[Page 1993]]

No. 5000-1086: Initiative to Facilitate the Sale of SBA 7(a) Loans on 
the Secondary Market (Dec. 17, 2008), which can be found at https://
www.sba.gov. SBA would like to ensure that lenders and secondary market 
participants are afforded an opportunity to comment on the interim 
final rule as they fully implement these program changes.

    Authority: 15 U.S.C. 634.

Eric Zarnikow,
Associate Administrator, Office of Capital Access.
[FR Doc. E9-430 Filed 1-13-09; 8:45 am]
BILLING CODE 8025-01-P

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