Market Access Program, 41885 [2012-15195]
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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
