State Small Business Credit Initiative; Notice of Availability of Revised Policy Guidelines and National Standards, 22005 [2014-08904]

Download as PDF Federal Register / Vol. 79, No. 75 / Friday, April 18, 2014 / Notices data authorized by the Dodd-Frank Act to be collected by such member agencies. mstockstill on DSK4VPTVN1PROD with NOTICES (II) Scope and Membership of the Committee The Committee was established to advise the OFR on issues related to the responsibilities of the office. It may provide its advice, recommendations, analysis, and information directly to the OFR and the OFR may share the Committee’s advice and recommendations with the Secretary of the Treasury or other Treasury officials. The OFR will share information with the Committee as the Director determines will be helpful in allowing the Committee to carry out its role. The Committee charter was renewed for a two-year term on April 4, 2014. 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Membership on the Committee is limited to the individuals appointed and is nontransferrable. Regular attendance is essential to the effective operation of the Committee. Some members of the Committee may be required to adhere to the conflict of interest rules applicable to Special Government Employees, as such employees are defined in 18 U.S.C. section 202(a). These rules include relevant provisions in 18 U.S.C. related to criminal activity, Standards of Ethical Conduct for Employees of the Executive Branch (5 CFR part 2635), and Executive Order 12674 (as modified by Executive Order 12731). To apply, an applicant must submit an appropriately-detailed resume and a cover letter describing their interest, reasons for application, and qualifications. In accordance with VerDate Mar<15>2010 16:54 Apr 17, 2014 Jkt 232001 Department of Treasury Directive 21–03, a clearance process includes fingerprints, tax checks, and a Federal Bureau of Investigation criminal check. Applicants must state in their application that they agree to submit to these pre-appointment checks. The application period for interested candidates will close on April 25, 2014. Applications should be submitted in sufficient time to be received by the close of business on the closing date and should be sent to Andrea.B.IannielloOFR@treasury.gov or by mail to: Office of Financial Research, Department of the Treasury, Attention: Andrea B. Ianniello, 1500 Pennsylvania Avenue NW., MT–1330, Washington, DC 20220. Dated: April 10, 2014. Barbara Shycoff, Chief of External Affairs. [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: E:\FR\FM\18APN1.SGM 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
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