Market Access Program, 41885 [2012-15195]

Download as PDF 41885 Rules and Regulations Federal Register Vol. 77, No. 137 Tuesday, July 17, 2012 The Code of Federal Regulations is sold by the Superintendent of Documents. Prices of new books are listed in the first FEDERAL REGISTER issue of each week. DEPARTMENT OF AGRICULTURE Commodity Credit Corporation 7 CFR Part 1485 Market Access Program Foreign Agricultural Service and Commodity Credit Corporation, USDA. ACTION: Correcting amendments. AGENCY: The U.S. Department of Agriculture published a final rule in the Federal Register on May 17, 2012 (77 FR 29474). This document corrects the final regulations by revising these sections. SUMMARY: Effective date: July 17, 2012. FOR FURTHER INFORMATION CONTACT: Mark Slupek, 202–720–1169, U.S. Department of Agriculture, Foreign Agricultural Service, Office of Trade Programs, Program Operations Division; or by phone: (202) 720–4327; or by fax: (202) 720–9361; or by email: podadmin@fas.usda.gov. DATES: As published, the final regulation contained an error which may prove to be misleading and need to be clarified. SUPPLEMENTARY INFORMATION: List of Subjects in 7 CFR Part 1485 Agricultural commodities, Exports. Accordingly, 7 CFR Part 1485 is corrected by making the following correcting amendment: ■ 2. Revise the part heading for part 1485 to read as set forth above. EXPORT-IMPORT BANK OF THE UNITED STATES 3. Revise paragraph (b) of § 1485.19 to read as follows: 12 CFR Part 404 § 1485.19 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. [EXIM–OIG–2012–0010] ■ Advances. * * * * * (b) Exception. A MAP Participant for generic promotion activities may request an advance of MAP funds from CCC, provided the MAP Participant meets the criteria for advance payments set forth in the applicable parts of this title (e.g., 7 CFR Parts 3015, 3016, and 3019). CCC will not approve any request for an advance submitted later than 3 months after the end of a MAP Participant’s program year. At any given time, total payments advanced shall not exceed 40 percent of a MAP Participant’s approved generic activity budget for the program year. CCC will not advance funds to a MAP Participant for brand promotion activities. When approving a request for an advance, CCC may require the MAP Participant to carry adequate fidelity bond coverage when the absence of such coverage is considered to create an unacceptable risk to the interests of the MAP. Whether an ‘‘unacceptable risk’’ exists in a particular situation will depend on a number of factors, such as, for example, the Participant’s history of performance in MAP; the Participant’s perceived financial stability and resources; and any other factors presented in the particular situation that may reflect on the Participant’s responsibility or the riskiness of its activities. * * * * * Dated: June 7, 2012. Suzanne E. Heinen, Administrator, Foreign Agricultural Service, and Vice President, Commodity Credit Corporation. sroberts on DSK5SPTVN1PROD with RULES [FR Doc. 2012–15195 Filed 7–16–12; 8:45 am] PART 1485—GRANT AGREEMENTS FOR THE DEVELOPMENT OF FOREIGN MARKETS FOR U.S. AGRICULTURAL COMMODITIES BILLING CODE 3410–10–P 1. The authority citation for 7 CFR part 1485 continues to read as follows: ■ Authority: 7 U.S.C. 5623, 5662–5663 and sec. 203, 402–403, Pub. L. 95–501, as amended, 92 Stat 1685 and sec. 1302, Pub. L. 103–66, 107 Stat. 330. VerDate Mar<15>2010 19:47 Jul 16, 2012 Jkt 226001 PO 00000 Frm 00001 Fmt 4700 Sfmt 4700 RIN 3048–AA02 Privacy Act of 1974: Implementation of Exemptions; Export-Import Bank of the United States Office of Inspector General—EIB–35—Office of Inspector General Investigative Records Office of the Inspector General, Export-Import Bank of the United States. ACTION: Final rule. AGENCY: The Export-Import Bank of the United States (hereafter known as ‘‘Ex-Im Bank’’) is issuing a final rule to exempt portions of a system of records entitled ‘‘EIB–35—Office of Inspector General Investigative Records’’ from one or more provisions of the Privacy Act because of criminal, civil, and administrative enforcement requirements. SUMMARY: The final rule is effective August 16, 2012. FOR FURTHER INFORMATION CONTACT: Osvaldo Gratacos, Ex-Im Bank, Office of Inspector General, 811 Vermont Avenue NW., Rm. 976, Washington, DC 20571 or by telephone (202) 565–3908 or facsimile (202) 565–3988. SUPPLEMENTARY INFORMATION: DATES: Background The Ex-Im Bank published a notice of proposed rulemaking in the Federal Register, 77 FR 27140 (May 9, 2012), proposing to exempt portions of a system of records entitled ‘‘EIB–35— Office of Inspector General Investigative Records’’ and held by the Ex-Im Bank Office of Inspector General (OIG), from one or more provisions of the Privacy Act of 1974, 5 U.S.C. 552a. The exemptions are necessary in order for Ex-Im Bank OIG to carry out its investigative responsibilities pursuant to the Inspector General Act of 1978, as amended. The Ex-Im Bank OIG published the system of records notice in the Federal Register, 77 FR 26755 (May 7, 2012), and comments were invited on both the Notice of Proposed Rulemaking (NPRM) and the System of Records Notice (SORN). E:\FR\FM\17JYR1.SGM 17JYR1

Agencies

[Federal Register Volume 77, Number 137 (Tuesday, July 17, 2012)]
[Rules and Regulations]
[Page 41885]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-15195]



========================================================================
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. 
Prices of new books are listed in the first FEDERAL REGISTER issue of each 
week.

========================================================================


Federal Register / Vol. 77, No. 137 / Tuesday, July 17, 2012 / Rules 
and Regulations

[[Page 41885]]



DEPARTMENT OF AGRICULTURE

Commodity Credit Corporation

7 CFR Part 1485


Market Access Program

AGENCY: Foreign Agricultural Service and Commodity Credit Corporation, 
USDA.

ACTION: Correcting amendments.

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

SUMMARY: The U.S. Department of Agriculture published a final rule in 
the Federal Register on May 17, 2012 (77 FR 29474). This document 
corrects the final regulations by revising these sections.

DATES: Effective date: July 17, 2012.

FOR FURTHER INFORMATION CONTACT: Mark Slupek, 202-720-1169, U.S. 
Department of Agriculture, Foreign Agricultural Service, Office of 
Trade Programs, Program Operations Division; or by phone: (202) 720-
4327; or by fax: (202) 720-9361; or by email: podadmin@fas.usda.gov.

SUPPLEMENTARY INFORMATION: As published, the final regulation contained 
an error which may prove to be misleading and need to be clarified.

List of Subjects in 7 CFR Part 1485

    Agricultural commodities, Exports.

    Accordingly, 7 CFR Part 1485 is corrected by making the following 
correcting amendment:

PART 1485--GRANT AGREEMENTS FOR THE DEVELOPMENT OF FOREIGN MARKETS 
FOR U.S. AGRICULTURAL COMMODITIES

0
1. The authority citation for 7 CFR part 1485 continues to read as 
follows:

    Authority:  7 U.S.C. 5623, 5662-5663 and sec. 203, 402-403, Pub. 
L. 95-501, as amended, 92 Stat 1685 and sec. 1302, Pub. L. 103-66, 
107 Stat. 330.


0
2. Revise the part heading for part 1485 to read as set forth above.

0
3. Revise paragraph (b) of Sec.  1485.19 to read as follows:


Sec.  1485.19  Advances.

* * * * *
    (b) Exception. A MAP Participant for generic promotion activities 
may request an advance of MAP funds from CCC, provided the MAP 
Participant meets the criteria for advance payments set forth in the 
applicable parts of this title (e.g., 7 CFR Parts 3015, 3016, and 
3019). CCC will not approve any request for an advance submitted later 
than 3 months after the end of a MAP Participant's program year. At any 
given time, total payments advanced shall not exceed 40 percent of a 
MAP Participant's approved generic activity budget for the program 
year. CCC will not advance funds to a MAP Participant for brand 
promotion activities. When approving a request for an advance, CCC may 
require the MAP Participant to carry adequate fidelity bond coverage 
when the absence of such coverage is considered to create an 
unacceptable risk to the interests of the MAP. Whether an 
``unacceptable risk'' exists in a particular situation will depend on a 
number of factors, such as, for example, the Participant's history of 
performance in MAP; the Participant's perceived financial stability and 
resources; and any other factors presented in the particular situation 
that may reflect on the Participant's responsibility or the riskiness 
of its activities.
* * * * *

    Dated: June 7, 2012.
Suzanne E. Heinen,
Administrator, Foreign Agricultural Service, and Vice President, 
Commodity Credit Corporation.
[FR Doc. 2012-15195 Filed 7-16-12; 8:45 am]
BILLING CODE 3410-10-P