State Small Business Credit Initiative; Notice of Availability of Revised Policy Guidelines and National Standards, 22005 [2014-08904]
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Jkt 232001
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Dated: April 10, 2014.
Barbara Shycoff,
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[FR Doc. 2014–08905 Filed 4–17–14; 8:45 am]
BILLING CODE 4810–25–P
DEPARTMENT OF THE TREASURY
State Small Business Credit Initiative;
Notice of Availability of Revised Policy
Guidelines and National Standards
State Small Business Credit
Initiative (SSBCI), Department of the
Treasury.
ACTION: Notice of document availability.
AGENCY:
This Notice announces the
availability of revised SSBCI Policy
Guidelines and SSBCI National
Standards for Compliance and
Oversight.
DATES: Effective Date: April 18, 2014.
ADDRESSES: Copies of the document are
available at the SSBCI Web site at
www.treasury.gov/ssbci.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information
should be directed to Deputy Director,
SSBCI, Department of the Treasury, 655
15th Street NW., Washington, DC 20220.
SUPPLEMENTARY INFORMATION: SSBCI was
created under the Small Business Jobs
Act of 2010 (Pub. L. 111–240) (the
‘‘Act’’) to help establish and strengthen
state programs that support lending to
small businesses. Under SSBCI, all
states, territories, the District of
Columbia, and eligible municipalities
(collectively, ‘‘Participating States’’)
could apply for and receive an
allocation of SSBCI funds to design and
implement programs to expand access
to capital to small businesses. Treasury
published the SSBCI Policy Guidelines
(‘‘Policy Guidelines’’) and SSBCI
National Standards for Compliance and
Oversight (‘‘National Standards’’),
SUMMARY:
PO 00000
Frm 00115
Fmt 4703
Sfmt 4703
22005
which are applicable to all Participating
States as they implement their SSBCI
programs. The Policy Guidelines
articulate program rules and the
National Standards provide
Participating States with a
recommended framework for
identifying, monitoring, and managing
SSBCI compliance and oversight risks.
Since the documents were initially
published, Treasury has clarified certain
program rules regarding conflicts of
interest in Venture Capital Programs
and is now issuing revised guidelines
and standards to reflect the
clarifications. Specifically, the revisions
to the Policy Guidelines clarify: (1) The
certifications that must be obtained from
financial institution lender or nonfinancial institution lender if the
business is receiving the benefit of
SSBCI funds through an Other Credit
Support Program that is not an SSBCI
Venture Capital Program; (2) the
certifications that must be obtained from
financial institution lender or nonfinancial institution lender if the
business is receiving the benefit of
SSBCI funds through an an SSBCI
Venture Capital Program. The revisions
to the National Standards clarify (1) the
conflict of interest rules that apply to
SSBCI Venture Capital Programs. The
Policy Guidelines and National
Standards are available on Treasury’s
Web site at www.treasury.gov/ssbci.
Dated: April 14, 2014.
Clifton G. Kellogg,
Director, State Small Business Credit
Initiative.
[FR Doc. 2014–08904 Filed 4–17–14; 8:45 am]
BILLING CODE 4810–25–P
DEPARTMENT OF THE TREASURY
Fiscal Service
Surety Companies Acceptable On
Federal Bonds: Starr Indemnity &
Liability Company
Bureau of the Fiscal Service,
Fiscal Service, Department of the
Treasury.
ACTION: Notice.
AGENCY:
This is Supplement No. 6 to
the Treasury Department Circular 570,
2013 Revision, published July 1, 2013,
at 78 FR 39440.
FOR FURTHER INFORMATION CONTACT:
Surety Bond Branch at (202) 874–6850.
SUPPLEMENTARY INFORMATION: A
Certificate of Authority as an acceptable
surety on Federal bonds is hereby
issued under 31 U.S.C. 9305 to the
following company:
SUMMARY:
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18APN1
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[Federal Register Volume 79, Number 75 (Friday, April 18, 2014)]
[Notices]
[Page 22005]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-08904]
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DEPARTMENT OF THE TREASURY
State Small Business Credit Initiative; Notice of Availability of
Revised Policy Guidelines and National Standards
AGENCY: State Small Business Credit Initiative (SSBCI), Department of
the Treasury.
ACTION: Notice of document availability.
-----------------------------------------------------------------------
SUMMARY: This Notice announces the availability of revised SSBCI Policy
Guidelines and SSBCI National Standards for Compliance and Oversight.
DATES: Effective Date: April 18, 2014.
ADDRESSES: Copies of the document are available at the SSBCI Web site
at www.treasury.gov/ssbci.
FOR FURTHER INFORMATION CONTACT: Requests for additional information
should be directed to Deputy Director, SSBCI, Department of the
Treasury, 655 15th Street NW., Washington, DC 20220.
SUPPLEMENTARY INFORMATION: SSBCI was created under the Small Business
Jobs Act of 2010 (Pub. L. 111-240) (the ``Act'') to help establish and
strengthen state programs that support lending to small businesses.
Under SSBCI, all states, territories, the District of Columbia, and
eligible municipalities (collectively, ``Participating States'') could
apply for and receive an allocation of SSBCI funds to design and
implement programs to expand access to capital to small businesses.
Treasury published the SSBCI Policy Guidelines (``Policy Guidelines'')
and SSBCI National Standards for Compliance and Oversight (``National
Standards''), which are applicable to all Participating States as they
implement their SSBCI programs. The Policy Guidelines articulate
program rules and the National Standards provide Participating States
with a recommended framework for identifying, monitoring, and managing
SSBCI compliance and oversight risks. Since the documents were
initially published, Treasury has clarified certain program rules
regarding conflicts of interest in Venture Capital Programs and is now
issuing revised guidelines and standards to reflect the clarifications.
Specifically, the revisions to the Policy Guidelines clarify: (1) The
certifications that must be obtained from financial institution lender
or non-financial institution lender if the business is receiving the
benefit of SSBCI funds through an Other Credit Support Program that is
not an SSBCI Venture Capital Program; (2) the certifications that must
be obtained from financial institution lender or non-financial
institution lender if the business is receiving the benefit of SSBCI
funds through an an SSBCI Venture Capital Program. The revisions to the
National Standards clarify (1) the conflict of interest rules that
apply to SSBCI Venture Capital Programs. The Policy Guidelines and
National Standards are available on Treasury's Web site at
www.treasury.gov/ssbci.
Dated: April 14, 2014.
Clifton G. Kellogg,
Director, State Small Business Credit Initiative.
[FR Doc. 2014-08904 Filed 4-17-14; 8:45 am]
BILLING CODE 4810-25-P