Rural Development Loan Servicing, 13199-13201 [2015-05435]
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13199
Rules and Regulations
Federal Register
Vol. 80, No. 49
Friday, March 13, 2015
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.
DEPARTMENT OF AGRICULTURE
Rural Housing Service
Rural Business-Cooperative Service
Rural Utilities Service
Farm Service Agency
7 CFR Parts 1951 and 1956
RIN 0570–AA88
Rural Development Loan Servicing
Rural Housing Service, Rural
Business-Cooperative Service, Rural
Utilities Service, and Farm Service
Agency, USDA.
ACTION: Direct final rule.
AGENCY:
The Rural BusinessCooperative Service is amending its
regulations for Debt Settlement. This
amendment would allow the Rural
Business Service’s (referred to as
Agency throughout the remainder of the
text) Administrator to use the statutory
authority that has been delegated to
him/her in accordance with title
331(b)(4) of the Consolidated Farm and
Rural Development Act (CONACT), but
is currently not being used for all of
RBS’s revolving loan programs, which
include: The Intermediary Relending
Program (IRP) loans, Rural Development
Loan Fund (RDLF) loans, and the Rural
Microentrepreneur Assistance Program
(RMAP)loans. This regulation will allow
the RBS to be consistent across all of its
loan programs; all of RBS’s other loan
programs have regulations in place to
settle debt.
This Direct Final Rule is intended to
authorize the Agency to use its
independent debt settlement authority
under CONACT. Nothing in this Direct
Final Rule is intended to affect the
requirements of the Agency to follow
other applicable Federal debt collection
law such as the Debt Collection
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SUMMARY:
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Improvement Act of 1996, as amended.
Further nothing in this Direct Final Rule
is intended to alter any requirements the
Agency must follow when making
collection referrals to the Department of
Justice or the Treasury Department.
DATES: This rule is effective May 18,
2015. Comments on this direct final rule
must be received on or before April 13,
2015 to be assured of consideration.
If RBS receives adverse comment(s)
on all or a distinct portion of this rule,
we will publish a timely withdrawal in
the Federal Register informing the
public that some of this rule or the
entire direct final rule will not take
effect. The rule provisions that are not
withdrawn will become effective on the
date set out above, notwithstanding
adverse comments on any other
provision, unless we determine that it
would not be appropriate to promulgate
those provisions.
ADDRESSES: You may submit comments
to this direct final rule by any of the
following methods:
• Federal eRulemaking Portal: https://
www.regulations.gov. Follow the
instructions for submitting comments.
• Mail: Submit written comments via
the U.S. Postal Service to the Branch
Chief, Regulations and Paperwork
Management Branch, U.S. Department
of Agriculture, STOP 0742, 300 7th
Street SW., 7th Floor, Washington, DC
20024.
• Hand Delivery/Courier: Submit
written comments via Federal Express
Mail, or other courier service requiring
a street address, to the Branch Chief,
Regulations and Paperwork
Management Branch, U.S. Department
of Agriculture. All written comments
will be available for public inspection
during regular work hours at the 300 7th
Street SW., 7th Floor address listed
above.
FOR FURTHER INFORMATION CONTACT:
Melvin Padgett, Rural Development,
Business Programs, U.S. Department of
Agriculture, 1400 Independence Avenue
SW., Stop 3226, Washington, DC 20250–
3225; email: melvin.padgett@
wdc.usda.gov; telephone: (202) 720–
1495.
SUPPLEMENTARY INFORMATION:
Executive Order 12866, Classification
This rule has been determined to be
significant for purposes of Executive
Order 12866 and has been reviewed by
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Frm 00001
Fmt 4700
Sfmt 4700
the Office of Management and Budget
(OMB). The Executive Order defines a
‘‘significant regulatory action’’ as one
that is likely to result in a rule that may:
(1) Have an annual effect on the
economy of $100 million or more or
adversely affect, in a material way, the
economy, a sector of the economy,
productivity, competition, jobs, the
environment, public health or safety, or
State, local, or Tribal Governments or
communities; (2) Create a serious
inconsistency or otherwise interfere
with an action taken or planned by
another agency; (3) Materially alter the
budgetary impact of entitlements,
grants, user fees, or loan programs or the
rights and obligations of recipients
thereof; or (4) Raise novel legal or policy
issues arising out of legal mandates, the
President’s priorities, or the principles
set forth in this Executive Order.
The Agency conducted a benefit-cost
analysis to fulfill the requirements of EO
12866. This rule will not impose any
new costs for the public (customers,
applicants, borrowers, grantees,
recipients and/or beneficiaries) of Rural
Development’s loan programs. This
direct final rule permits the debt
settlement policy to be uniform and
consistent for all programs and will
allow the Rural Development to process
eligible debt settlement cases in a
prompt and efficient manner.
Programs Affected
The Catalog of Federal Domestic
Assistance Program number assigned to
the IRP is 10.767.
Environmental Impact Statement
This document has been reviewed in
accordance with 7 CFR, part 1940,
subpart G, ‘‘Environmental Program.’’
Rural Development has determined that
this action does not constitute a major
Federal action significantly affecting the
quality of the human environment and,
in accordance with the National
Environmental Policy Act (NEPA) of
1969, 42 U.S.C. 4321 et seq., an
Environmental Impact Statement is not
required.
Executive Order 12372,
Intergovernmental Consultation
The program is subject to the
provisions of Executive Order 12372,
which requires intergovernmental
consultation with State and local
officials. Consultation will be completed
at the time of the action performed.
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13200
Federal Register / Vol. 80, No. 49 / Friday, March 13, 2015 / Rules and Regulations
Executive Order 12988, Civil Justice
This rule has been reviewed under
Executive Order 12988, Civil Justice
Reform. The Agency has determined
that this rule meets the applicable
standards provided in § 3 of the
Executive Order. Additionally, (1) all
State and local laws and regulations that
are in conflict with this rule will be
preempted; (2) no retroactive effect will
be given to the rule; and (3)
administrative appeal procedures, if
any, must be exhausted before litigation
against the Department or its agencies
may be initiated, in accordance with the
regulations of the National Appeals
Division of USDA at 7 CFR part 11.
Executive Order 13132, Federalism
The policies contained in this rule do
not have any substantial direct effect on
States, on the relationship between the
National Government and the States, or
on the distribution of power and
responsibilities among the various
levels of government. Nor does this rule
impose substantial direct compliance
costs on State and local governments.
Therefore, consultation with States is
not required.
Regulatory Flexibility Act Certification
Under section 605(b) of the
Regulatory Flexibility Act, 5 U.S.C.
605(b), the Agency certifies that this
rule will not have a significant
economic impact on a substantial
number of small entities. The Agency
made this determination based on the
fact that this regulation only impacts
those who choose to participate in the
program. Small entity applicants will
not be impacted to a greater extent than
large entity applicants.
tkelley on DSK3SPTVN1PROD with RULES
Unfunded Mandate Reform Act
This rule contains no Federal
mandates (under the regulatory
provisions of Title II of the Unfunded
Mandates Reform Act of 1995) for State,
local, and Tribal Governments or the
private sector. Thus, this rule is not
subject to the requirements of § s 202
and 205 of the Unfunded Mandates
Reform Act of 1995.
Executive Order 13175, Consultation
and Coordination With Indian Tribal
Governments
This executive order imposes
requirements on Rural Development
(RD) in the development of regulatory
policies that have tribal implications or
preempt tribal laws. RD has determined
that this rule does not have a substantial
direct effect on one or more Indian
tribe(s) or on either the relationship or
the distribution of powers and
responsibilities between the Federal
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16:34 Mar 12, 2015
Jkt 235001
Government and Indian tribes. Thus,
this rule is not subject to the
requirements of Executive Order 13175.
If a tribe determines that this rule has
implications of which RD is not aware
and would like to engage with RD on
this rule, please contact RD’s Native
American Coordinator at (720) 544–
2911 or AIAN@wdc.usda.gov.
Paperwork Reduction Act
This rule contains no new reporting
or recordkeeping requirements that
would require approval under the
Paperwork Reduction Act of 1995 (44
U.S.C. Chapter 35).
E-Government Act Compliance
Rural Development is committed to
complying with the E-Government Act,
to promote the use of the Internet and
other information technologies, to
provide increased opportunities for
citizens to access Government
information and services electronically.
I. Background
The process of debt settlement is a
time consuming process. Before a
borrower in default can settle their
indebtedness to the Agency, current
regulations require four levels of review:
The local/area office, the State Office,
the National Office, and finally a United
States Department of Justice (DOJ)
review. This review process results in
loans that are eligible for debt
settlement, to continue to sit on the
books much longer than necessary,
incurring interest, and decreasing the
likelihood that a borrower will exist to
collect recoveries once the loan is
finally sent to the Department of the
Treasury.
The Agency has shown, through its
use of the settlement authority in 7
U.S.C. 1981(b)(4) in its other loan
programs, that it can judiciously and
reasonably administer that authority on
its own without the need for additional
levels of review.
By revising its regulations governing
the review process for debt settlement,
the Agency will be able to process debt
settlement claims in a more uniform,
prompt, and efficient manner.
II. Discussion of Changes
The Agency is proposing to modify
several paragraphs in 7 CFR part 1951,
subpart R and in 7 CFR part 1956,
subpart C in order to allow the
aforementioned loans to be settled
under Agency policies and procedures
for debt settlement as found in 7 CFR
part 1956, subpart C, and to remove the
requirement to send settlements to DOJ,
allowing us to use the Federal Claims
Collection Standards (31 CFR parts 900–
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Frm 00002
Fmt 4700
Sfmt 4700
904). This will permit the Agency to
quickly and efficiently dispose of debt
settlements. The specific changes are
summarized below:
1. The Agency is proposing to modify
§ 1951.851(a) by adding a sentence to
indicate that all debt settlement cases
submitted under 7 CFR part 1951,
subpart R, will be handled in
accordance with 7 CFR part 1956,
subpart C. The Agency is adding
reference to the RMAP in the first
sentence to indicate its inclusion.
2. The Agency is proposing to revise
§ 1951.894 to state that the debt
settlement of all claims, which would
now include RMAP, would be handled
in accordance with 7 CFR 1956, subpart
C. Specifically, the Agency is replacing
the reference to Federal Claims
Collection Standards, 4 CFR parts 101–
105, with reference to ‘‘Subpart C of Part
1956 of this Chapter.’’
3. The Agency is proposing to revise
§§ 1956.101 so that debt settlement of
RDLF loans, IRP loans and RMAP loans,
will be under 7 CFR part 1956, subpart
C (and will be handled by the Agency’s
Administrator) rather than under the
Federal Claims Collection Standards as
currently provided in the regulation.
4. The Agency is proposing to revise
the introductory text to § 1956.147 to
remove reference to RDLF loans and IRP
loans. This is a conforming change that
removes these loans from complying
with the debt settlement provisions
under the Federal Claims Collection
Act.
List of Subjects
7 CFR Part 1951
Loan programs—agriculture, Loan
programs—housing and community
development.
7 CFR Part 1956
Loan programs—agriculture, Loan
programs—housing and community
development.
For the reasons set forth in the
preamble, chapter XVIII, title 7, of the
Code of Federal Regulations is amended
as follows:
CHAPTER XVIII—RURAL HOUSING
SERVICE, RURAL BUSINESSCOOPERATIVE SERVICE, RURAL
UTILITIES SERVICE, AND FARM
SERVICE AGENCY, DEPARTMENT OF
AGRICULTURE
PART 1951—SERVICING AND
COLLECTIONS
1. The authority citation for part 1951
is revised to read as follows:
■
Authority: 5 U.S.C. 301; and 7 U.S.C.
1989.
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Federal Register / Vol. 80, No. 49 / Friday, March 13, 2015 / Rules and Regulations
Subpart R—Rural Development Loan
Servicing
2. Paragraph (a) of § 1951.851 is
revised to read as follows:
■
§ 1951.851
Introduction.
Conservation and Development loans,
which are serviced under part 1782 of
this title.
■ 6. The section heading and
introductory text to § 1956.147 are
revised to read as follows:
(a) This subpart contains regulations
for servicing or liquidating loans or
other assistance made by the Rural
Business-Cooperative Service or its
successor agency under the IRP and the
RMAP. All debt settlement cases under
this subpart will be settled in
accordance with the debt settlement
provisions set forth in 7 CFR part 1956,
subpart C. The provisions of this
subpart supersede conflicting provisions
of any other subpart.
*
*
*
*
*
■ 3. Section 1951.894 is revised to read
as follows:
§ 1956.147 Debt settlement under the
Federal Claims Collection Standard.
§ 1951.894
[FR Doc. 2015–05435 Filed 3–12–15; 8:45 am]
Debt settlement.
Debt settlement of all claims will be
handled in accordance with subpart C of
part 1956 of this chapter.
4. The authority citation for part 1956
is revised to read as follows:
■
Authority: 5 U.S.C. 301; and 7 U.S.C. 1989.
Subpart C—Debt Settlement—
Community and Business Programs
5. Section 1956.101 is revised to read
as follows:
■
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Purpose.
This subpart delegates authority and
prescribes policies and procedures for
debt settlement of Community Facility
loans; Association Recreation loans;
Rural Renewal loans; direct Business
and Industry loans; Rural Development
Loan Fund loans; Intermediary
Relending Program loans; and the Rural
Microentrepreneur Assistance Program
(RMAP) loans and repayable portions of
RMAP grants; and Shift-in-land-use
loans. Settlement of Economic
Opportunity Cooperative loans, Claims
Against Third Party Converters, Nonprogram loans, Rural Business
Enterprise/Television Demonstration
Grants, Nonprofit National Corporations
Loans and Grants, and 601 Energy
Impact Assistance Grants, is not
authorized under independent statutory
authority, and settlement under these
programs is handled pursuant to the
Federal Claims Collection Joint
Standards, 31 CFR parts 900 through
904, inclusive. In addition, this subpart
does not apply to Water and Waste
Programs of the Rural Utilities Service,
Watershed loans, and Resource
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Dated: February 27, 2015.
Lisa Mensah,
Under Secretary.
Dated: February 26, 2015.
Michael Scuse,
Under Secretary, Farm and Foreign
Agricultural Services.
BILLING CODE 3410–XY–P
DEPARTMENT OF TRANSPORTATION
PART 1956—DEBT SETTLEMENT
§ 1956.101
Unless otherwise provided in this
title, loans and claims will be settled in
accordance with the Federal Claims
Collection Standards at 31 CFR parts
900 through 904, inclusive.
*
*
*
*
*
Federal Aviation Administration
14 CFR Part 71
[Docket No. FAA–2014–0467; Airspace
Docket No. 14–ANM–7]
Establishment of Class E Airspace;
Spokane, WA
Federal Aviation
Administration (FAA), DOT.
ACTION: Final rule.
AGENCY:
This action establishes Class
E airspace at Spokane, WA, to facilitate
vectoring of Instrument Flight Rules
(IFR) aircraft under control of Seattle
Air Route Traffic Control Center
(ARTCC). This action enhances the
safety and management of IFR
operations within the National Airspace
System (NAS).
DATES: Effective 0901 UTC, April 30,
2015. The Director of the Federal
Register approves this incorporation by
reference action under title 1, Code of
Federal Regulations, part 51, subject to
the annual revision of FAA Order
7400.9 and publication of conforming
amendments.
SUMMARY:
FAA Order 7400.9Y,
Airspace Designations and Reporting
Points, and subsequent amendments can
be viewed on line at https://
www.faa.gov/airtraffic/publications/.
The Order is also available for
inspection at the National Archives and
Records Administration (NARA). For
information on the availability of this
ADDRESSES:
PO 00000
Frm 00003
Fmt 4700
Sfmt 4700
13201
material at NARA, call 202–741–6030,
or go to https://www.archives.gov/
federal_register/code_of_federalregulations/ibr_locations.html.
FAA Order 7400.9, Airspace
Designations and Reporting Points, is
published yearly and effective on
September 15. For further information,
you can contact the Airspace Policy and
ATC Regulations Group, Federal
Aviation Administration, 800
Independence Avenue SW.,
Washington, DC 29591; telephone: 202–
267–8783.
FOR FURTHER INFORMATION CONTACT:
Steve Haga, Federal Aviation
Administration, Operations Support
Group, Western Service Center, 1601
Lind Avenue SW., Renton, WA 98057;
telephone (425) 203–4563.
SUPPLEMENTARY INFORMATION:
History
On November 19, 2014 the FAA
published in the Federal Register a
notice of proposed rulemaking (NPRM)
to establish Class E en route domestic
airspace at Spokane, WA (79 FR 68809).
Interested parties were invited to
participate in this rulemaking effort by
submitting written comments on the
proposal to the FAA. One comment was
received from the National Business
Aviation Association in support of the
proposal.
Class E airspace designations are
published in paragraph 6006, of FAA
Order 7400.9Y, dated August 6, 2014,
and effective September 15, 2014, which
is incorporated by reference in 14 CFR
71.1. The Class E airspace designation
listed in this document will be
published subsequently in the Order.
Availability and Summary of
Documents for Incorporation by
Reference
This document amends FAA Order
7400.9Y, Airspace Designations and
Reporting Points, dated August 6, 2014,
and effective September 15, 2014. FAA
Order 7400.9Y is publicly available as
listed in the ADDRESSES section of this
final rule. FAA Order 7400.9Y lists
Class A, B, C, D, and E airspace areas,
air traffic service routes, and reporting
points.
The Rule
This amendment to Title 14, Code of
Federal Regulations (14 CFR) part 71
establishes Class E en route domestic
airspace extending upward from 1,200
feet above the surface at Spokane, WA.
By this action, aircraft are contained
while in IFR conditions under control of
Seattle ARTCC by vectoring aircraft
from en route airspace to terminal areas.
This action enhances the safety and
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Agencies
[Federal Register Volume 80, Number 49 (Friday, March 13, 2015)]
[Rules and Regulations]
[Pages 13199-13201]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2015-05435]
========================================================================
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. 80, No. 49 / Friday, March 13, 2015 / Rules
and Regulations
[[Page 13199]]
DEPARTMENT OF AGRICULTURE
Rural Housing Service
Rural Business-Cooperative Service
Rural Utilities Service
Farm Service Agency
7 CFR Parts 1951 and 1956
RIN 0570-AA88
Rural Development Loan Servicing
AGENCY: Rural Housing Service, Rural Business-Cooperative Service,
Rural Utilities Service, and Farm Service Agency, USDA.
ACTION: Direct final rule.
-----------------------------------------------------------------------
SUMMARY: The Rural Business-Cooperative Service is amending its
regulations for Debt Settlement. This amendment would allow the Rural
Business Service's (referred to as Agency throughout the remainder of
the text) Administrator to use the statutory authority that has been
delegated to him/her in accordance with title 331(b)(4) of the
Consolidated Farm and Rural Development Act (CONACT), but is currently
not being used for all of RBS's revolving loan programs, which include:
The Intermediary Relending Program (IRP) loans, Rural Development Loan
Fund (RDLF) loans, and the Rural Microentrepreneur Assistance Program
(RMAP)loans. This regulation will allow the RBS to be consistent across
all of its loan programs; all of RBS's other loan programs have
regulations in place to settle debt.
This Direct Final Rule is intended to authorize the Agency to use
its independent debt settlement authority under CONACT. Nothing in this
Direct Final Rule is intended to affect the requirements of the Agency
to follow other applicable Federal debt collection law such as the Debt
Collection Improvement Act of 1996, as amended. Further nothing in this
Direct Final Rule is intended to alter any requirements the Agency must
follow when making collection referrals to the Department of Justice or
the Treasury Department.
DATES: This rule is effective May 18, 2015. Comments on this direct
final rule must be received on or before April 13, 2015 to be assured
of consideration.
If RBS receives adverse comment(s) on all or a distinct portion of
this rule, we will publish a timely withdrawal in the Federal Register
informing the public that some of this rule or the entire direct final
rule will not take effect. The rule provisions that are not withdrawn
will become effective on the date set out above, notwithstanding
adverse comments on any other provision, unless we determine that it
would not be appropriate to promulgate those provisions.
ADDRESSES: You may submit comments to this direct final rule by any of
the following methods:
Federal eRulemaking Portal: https://www.regulations.gov.
Follow the instructions for submitting comments.
Mail: Submit written comments via the U.S. Postal Service
to the Branch Chief, Regulations and Paperwork Management Branch, U.S.
Department of Agriculture, STOP 0742, 300 7th Street SW., 7th Floor,
Washington, DC 20024.
Hand Delivery/Courier: Submit written comments via Federal
Express Mail, or other courier service requiring a street address, to
the Branch Chief, Regulations and Paperwork Management Branch, U.S.
Department of Agriculture. All written comments will be available for
public inspection during regular work hours at the 300 7th Street SW.,
7th Floor address listed above.
FOR FURTHER INFORMATION CONTACT: Melvin Padgett, Rural Development,
Business Programs, U.S. Department of Agriculture, 1400 Independence
Avenue SW., Stop 3226, Washington, DC 20250-3225; email:
melvin.padgett@wdc.usda.gov; telephone: (202) 720-1495.
SUPPLEMENTARY INFORMATION:
Executive Order 12866, Classification
This rule has been determined to be significant for purposes of
Executive Order 12866 and has been reviewed by the Office of Management
and Budget (OMB). The Executive Order defines a ``significant
regulatory action'' as one that is likely to result in a rule that may:
(1) Have an annual effect on the economy of $100 million or more or
adversely affect, in a material way, the economy, a sector of the
economy, productivity, competition, jobs, the environment, public
health or safety, or State, local, or Tribal Governments or
communities; (2) Create a serious inconsistency or otherwise interfere
with an action taken or planned by another agency; (3) Materially alter
the budgetary impact of entitlements, grants, user fees, or loan
programs or the rights and obligations of recipients thereof; or (4)
Raise novel legal or policy issues arising out of legal mandates, the
President's priorities, or the principles set forth in this Executive
Order.
The Agency conducted a benefit-cost analysis to fulfill the
requirements of EO 12866. This rule will not impose any new costs for
the public (customers, applicants, borrowers, grantees, recipients and/
or beneficiaries) of Rural Development's loan programs. This direct
final rule permits the debt settlement policy to be uniform and
consistent for all programs and will allow the Rural Development to
process eligible debt settlement cases in a prompt and efficient
manner.
Programs Affected
The Catalog of Federal Domestic Assistance Program number assigned
to the IRP is 10.767.
Environmental Impact Statement
This document has been reviewed in accordance with 7 CFR, part
1940, subpart G, ``Environmental Program.'' Rural Development has
determined that this action does not constitute a major Federal action
significantly affecting the quality of the human environment and, in
accordance with the National Environmental Policy Act (NEPA) of 1969,
42 U.S.C. 4321 et seq., an Environmental Impact Statement is not
required.
Executive Order 12372, Intergovernmental Consultation
The program is subject to the provisions of Executive Order 12372,
which requires intergovernmental consultation with State and local
officials. Consultation will be completed at the time of the action
performed.
[[Page 13200]]
Executive Order 12988, Civil Justice
This rule has been reviewed under Executive Order 12988, Civil
Justice Reform. The Agency has determined that this rule meets the
applicable standards provided in Sec. 3 of the Executive Order.
Additionally, (1) all State and local laws and regulations that are in
conflict with this rule will be preempted; (2) no retroactive effect
will be given to the rule; and (3) administrative appeal procedures, if
any, must be exhausted before litigation against the Department or its
agencies may be initiated, in accordance with the regulations of the
National Appeals Division of USDA at 7 CFR part 11.
Executive Order 13132, Federalism
The policies contained in this rule do not have any substantial
direct effect on States, on the relationship between the National
Government and the States, or on the distribution of power and
responsibilities among the various levels of government. Nor does this
rule impose substantial direct compliance costs on State and local
governments. Therefore, consultation with States is not required.
Regulatory Flexibility Act Certification
Under section 605(b) of the Regulatory Flexibility Act, 5 U.S.C.
605(b), the Agency certifies that this rule will not have a significant
economic impact on a substantial number of small entities. The Agency
made this determination based on the fact that this regulation only
impacts those who choose to participate in the program. Small entity
applicants will not be impacted to a greater extent than large entity
applicants.
Unfunded Mandate Reform Act
This rule contains no Federal mandates (under the regulatory
provisions of Title II of the Unfunded Mandates Reform Act of 1995) for
State, local, and Tribal Governments or the private sector. Thus, this
rule is not subject to the requirements of Sec. s 202 and 205 of the
Unfunded Mandates Reform Act of 1995.
Executive Order 13175, Consultation and Coordination With Indian Tribal
Governments
This executive order imposes requirements on Rural Development (RD)
in the development of regulatory policies that have tribal implications
or preempt tribal laws. RD has determined that this rule does not have
a substantial direct effect on one or more Indian tribe(s) or on either
the relationship or the distribution of powers and responsibilities
between the Federal Government and Indian tribes. Thus, this rule is
not subject to the requirements of Executive Order 13175. If a tribe
determines that this rule has implications of which RD is not aware and
would like to engage with RD on this rule, please contact RD's Native
American Coordinator at (720) 544-2911 or AIAN@wdc.usda.gov.
Paperwork Reduction Act
This rule contains no new reporting or recordkeeping requirements
that would require approval under the Paperwork Reduction Act of 1995
(44 U.S.C. Chapter 35).
E-Government Act Compliance
Rural Development is committed to complying with the E-Government
Act, to promote the use of the Internet and other information
technologies, to provide increased opportunities for citizens to access
Government information and services electronically.
I. Background
The process of debt settlement is a time consuming process. Before
a borrower in default can settle their indebtedness to the Agency,
current regulations require four levels of review: The local/area
office, the State Office, the National Office, and finally a United
States Department of Justice (DOJ) review. This review process results
in loans that are eligible for debt settlement, to continue to sit on
the books much longer than necessary, incurring interest, and
decreasing the likelihood that a borrower will exist to collect
recoveries once the loan is finally sent to the Department of the
Treasury.
The Agency has shown, through its use of the settlement authority
in 7 U.S.C. 1981(b)(4) in its other loan programs, that it can
judiciously and reasonably administer that authority on its own without
the need for additional levels of review.
By revising its regulations governing the review process for debt
settlement, the Agency will be able to process debt settlement claims
in a more uniform, prompt, and efficient manner.
II. Discussion of Changes
The Agency is proposing to modify several paragraphs in 7 CFR part
1951, subpart R and in 7 CFR part 1956, subpart C in order to allow the
aforementioned loans to be settled under Agency policies and procedures
for debt settlement as found in 7 CFR part 1956, subpart C, and to
remove the requirement to send settlements to DOJ, allowing us to use
the Federal Claims Collection Standards (31 CFR parts 900-904). This
will permit the Agency to quickly and efficiently dispose of debt
settlements. The specific changes are summarized below:
1. The Agency is proposing to modify Sec. 1951.851(a) by adding a
sentence to indicate that all debt settlement cases submitted under 7
CFR part 1951, subpart R, will be handled in accordance with 7 CFR part
1956, subpart C. The Agency is adding reference to the RMAP in the
first sentence to indicate its inclusion.
2. The Agency is proposing to revise Sec. 1951.894 to state that
the debt settlement of all claims, which would now include RMAP, would
be handled in accordance with 7 CFR 1956, subpart C. Specifically, the
Agency is replacing the reference to Federal Claims Collection
Standards, 4 CFR parts 101-105, with reference to ``Subpart C of Part
1956 of this Chapter.''
3. The Agency is proposing to revise Sec. Sec. 1956.101 so that
debt settlement of RDLF loans, IRP loans and RMAP loans, will be under
7 CFR part 1956, subpart C (and will be handled by the Agency's
Administrator) rather than under the Federal Claims Collection
Standards as currently provided in the regulation.
4. The Agency is proposing to revise the introductory text to Sec.
1956.147 to remove reference to RDLF loans and IRP loans. This is a
conforming change that removes these loans from complying with the debt
settlement provisions under the Federal Claims Collection Act.
List of Subjects
7 CFR Part 1951
Loan programs--agriculture, Loan programs--housing and community
development.
7 CFR Part 1956
Loan programs--agriculture, Loan programs--housing and community
development.
For the reasons set forth in the preamble, chapter XVIII, title 7,
of the Code of Federal Regulations is amended as follows:
CHAPTER XVIII--RURAL HOUSING SERVICE, RURAL BUSINESS-COOPERATIVE
SERVICE, RURAL UTILITIES SERVICE, AND FARM SERVICE AGENCY, DEPARTMENT
OF AGRICULTURE
PART 1951--SERVICING AND COLLECTIONS
0
1. The authority citation for part 1951 is revised to read as follows:
Authority: 5 U.S.C. 301; and 7 U.S.C. 1989.
[[Page 13201]]
Subpart R--Rural Development Loan Servicing
0
2. Paragraph (a) of Sec. 1951.851 is revised to read as follows:
Sec. 1951.851 Introduction.
(a) This subpart contains regulations for servicing or liquidating
loans or other assistance made by the Rural Business-Cooperative
Service or its successor agency under the IRP and the RMAP. All debt
settlement cases under this subpart will be settled in accordance with
the debt settlement provisions set forth in 7 CFR part 1956, subpart C.
The provisions of this subpart supersede conflicting provisions of any
other subpart.
* * * * *
0
3. Section 1951.894 is revised to read as follows:
Sec. 1951.894 Debt settlement.
Debt settlement of all claims will be handled in accordance with
subpart C of part 1956 of this chapter.
PART 1956--DEBT SETTLEMENT
0
4. The authority citation for part 1956 is revised to read as follows:
Authority: 5 U.S.C. 301; and 7 U.S.C. 1989.
Subpart C--Debt Settlement--Community and Business Programs
0
5. Section 1956.101 is revised to read as follows:
Sec. 1956.101 Purpose.
This subpart delegates authority and prescribes policies and
procedures for debt settlement of Community Facility loans; Association
Recreation loans; Rural Renewal loans; direct Business and Industry
loans; Rural Development Loan Fund loans; Intermediary Relending
Program loans; and the Rural Microentrepreneur Assistance Program
(RMAP) loans and repayable portions of RMAP grants; and Shift-in-land-
use loans. Settlement of Economic Opportunity Cooperative loans, Claims
Against Third Party Converters, Non-program loans, Rural Business
Enterprise/Television Demonstration Grants, Nonprofit National
Corporations Loans and Grants, and 601 Energy Impact Assistance Grants,
is not authorized under independent statutory authority, and settlement
under these programs is handled pursuant to the Federal Claims
Collection Joint Standards, 31 CFR parts 900 through 904, inclusive. In
addition, this subpart does not apply to Water and Waste Programs of
the Rural Utilities Service, Watershed loans, and Resource Conservation
and Development loans, which are serviced under part 1782 of this
title.
0
6. The section heading and introductory text to Sec. 1956.147 are
revised to read as follows:
Sec. 1956.147 Debt settlement under the Federal Claims Collection
Standard.
Unless otherwise provided in this title, loans and claims will be
settled in accordance with the Federal Claims Collection Standards at
31 CFR parts 900 through 904, inclusive.
* * * * *
Dated: February 27, 2015.
Lisa Mensah,
Under Secretary.
Dated: February 26, 2015.
Michael Scuse,
Under Secretary, Farm and Foreign Agricultural Services.
[FR Doc. 2015-05435 Filed 3-12-15; 8:45 am]
BILLING CODE 3410-XY-P