Inflation Reduction Act Listening Session, 65188-65190 [2022-23519]
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65188
Federal Register / Vol. 87, No. 208 / Friday, October 28, 2022 / Notices
DEPARTMENT OF AGRICULTURE
Forest Service
Alpine County Resource Advisory
Committee
Forest Service, Agriculture
(USDA).
ACTION: Notice of meeting.
AGENCY:
The Alpine County Resource
Advisory Committee (RAC) will hold a
public meeting according to the details
shown below. The committee is
authorized under the Secure Rural
Schools and Community SelfDetermination Act (the Act) and
operates in compliance with the Federal
Advisory Committee Act (FACA). The
purpose of the committee is to improve
collaborative relationships and to
provide advice and recommendations to
the Forest Service concerning projects
and funding consistent with Title II of
the Act, as well as make
recommendations on recreation fee
proposals for sites on the HumboldtToiyabe National Forest within Alpine
County, California, consistent with the
Federal Lands Recreation Enhancement
Act.
DATES: The meeting will be held on
November 9, 2022, from 1 p.m.–3 p.m.,
Pacific Daylight Time. All RAC
meetings are subject to cancellation. For
status of the meeting prior to
attendance, please contact the person
listed under FOR FURTHER INFORMATION
CONTACT.
ADDRESSES: This meeting is open to the
public and will be held at the Turtle
Rock Park Community Center, located at
17300 State Route 89/4, Markleeville,
CA 96120. The public may also join
virtually via telephone and/or video
conference. Virtual meeting
participation details can be found by
contacting the person listed under FOR
FURTHER INFORMATION CONTACT.
Written comments may be submitted
as described under SUPPLEMENTARY
INFORMATION. All comments, including
names and addresses when provided,
are placed in the record and are
available for public inspection and
copying. The public may inspect
comments received upon request.
FOR FURTHER INFORMATION CONTACT: Matt
Zumstein, Designated Federal Officer
(DFO), by phone at 775–884–8100 or
email at matthew.zumstein@usda.gov or
Matt Dickinson, RAC Coordinator at
775–884–8154 or email at
Matthew.Dickinson@usda.gov.
Individuals who use
telecommunication devices for the deaf
and hard of hearing (TDD) may call the
Federal Relay Service (FRS) at 800–877–
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SUMMARY:
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8339, 24 hours a day, every day of the
year, including holidays.
SUPPLEMENTARY INFORMATION: The
meeting agenda will include:
Dated: October 24, 2022.
Cikena Reid,
USDA Committee Management Officer.
1. Introductions of the committee
members;
2. Elect a Chairperson;
3. Discuss available funding;
4. Discuss a process for soliciting and
reviewing project proposals;
5. Approve meeting minutes;
6. Schedule the next meeting.
BILLING CODE 3411–15–P
The meeting is open to the public.
The agenda will include time for people
to make oral statements of three minutes
or less. Individuals wishing to make an
oral statement should make a request in
writing at least three days prior to the
meeting date to be scheduled on the
agenda. Anyone who would like to
bring related matters to the attention of
the committee may file written
statements with the committee staff
before or after the meeting. Written
comments and requests for time for oral
comments must be sent to Matt
Zumstein, DFO, Carson Ranger District,
1536 South Carson Street, Carson City,
Nevada, 89701; or by email to
matthew.zumstein@usda.gov.
USDA programs are prohibited from
discriminating based on race, color,
national origin, religion, sex, gender
identity (including gender expression),
sexual orientation, disability, age,
marital status, family/parental status,
income derived from a public assistance
program, political beliefs, or reprisal or
retaliation for prior civil rights activity,
in any program or activity conducted or
funded by USDA (not all bases apply to
all programs). Remedies and complaint
filing deadlines vary by program or
incident.
Persons with disabilities who require
alternative means of communication for
program information (e.g., Braille, large
print, audiotape, American Sign
Language, etc.) should contact the
responsible Agency or USDA’s TARGET
Center at 202–720–2600 (voice and
TTY) or contact USDA through the
Federal Relay Service at 800–877–8339.
Additionally, program information may
be made available in languages other
than English.
Equal opportunity practices in
accordance with USDA’s policies will
be followed in all appointments to the
Committee. To ensure that the
recommendations of the Committee
have taken in account the needs of the
diverse groups served by USDA,
membership shall include to the extent
possible, individuals with demonstrated
ability to represent minorities, women,
and person with disabilities. USDA is
an equal opportunity provider,
employer, and lender.
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[FR Doc. 2022–23454 Filed 10–27–22; 8:45 am]
DEPARTMENT OF AGRICULTURE
Rural Business-Cooperative Service
Rural Utilities Service
[Docket Number: RBS–22–NONE–0025]
Inflation Reduction Act Listening
Session
Rural Business—Cooperative
Service and Rural Utilities Service,
USDA.
ACTION: Request for information and
notice of public listening sessions.
AGENCY:
The Rural BusinessCooperative Service (RBCS) and the
Rural Utilities Service (RUS), agencies
of the Rural Development (RD) mission
areas of the United State Department of
Agriculture, announce that they are
hosting listening sessions for public
input regarding implementation of the
Inflation Reduction Act (IRA) of 2022.
Specifically, these listening sessions
will provide an opportunity for
stakeholders and other interested parties
to offer their comments and input.
DATES: Written Comments: Interested
parties must submit written comments
on or before November 28, 2022. All
written comments received will be
publicly available on
www.regulations.gov.
Listening Sessions: Two virtual
listening session will be held from 2–4
p.m. ET on Thursday November 3, 2022,
and 2–4 p.m. ET Friday, November 4,
2022.
November 3, 2022—This listening
session will focus on Sections 22001,
22002, and 22003. The session is aimed
at rural communities, rural small
businesses, and agricultural producers
including renewable energy generation
providers, distribution utilities,
transportation fueling facilities, fuel
distribution facilities, environmental,
community and consumer groups,
industry associations, and Federal, state,
and local government and agencies. To
participate interested parties must
register at https://www.zoomgov.com/
webinar/register/WN_l_
ptMftKRU2zlJPMdiXF9A.
November 4, 2022—This listening
session will focus on Sections 22004.
This listening session will be targeted at
rural electric cooperatives and related
stakeholders as described above. To
participate interested parties must
SUMMARY:
E:\FR\FM\28OCN1.SGM
28OCN1
lotter on DSK11XQN23PROD with NOTICES1
Federal Register / Vol. 87, No. 208 / Friday, October 28, 2022 / Notices
register at https://www.zoomgov.com/
webinar/register/WN_
HeGqpB7YTYOG6tmBjDyx7g.
Listening Sessions will be recorded
and made publicly available. If you
require special accommodations, such
as a sign language interpreter, use the
contact information above. The listening
session locations are accessible to
persons with disabilities.
ADDRESSES: Comments may be
submitted electronically by the Federal
eRulemaking Portal: Go to https://
www.regulations.gov and in the ‘‘Search
for Rules, Proposed Rules, Notices or
Supporting Documents’’ box, enter the
following docket number: (RBS–22–
NONE–0025). To submit or view public
comments, click ‘‘Search’’ button, select
the ‘‘Documents’’ tab, then select the
following document title: (Inflation
Reduction Act Listening Session) from
the ‘‘Search Results’’ and select the
‘‘Comment’’ button. Before submitting
your comments, you may also review
the ‘‘Commenter’s Checklist’’ (optional).
Insert your comments under the
‘‘Comment’’ title, click ‘‘Browse’’ to
attach files (if available). Input your
email address and select ‘‘Submit
Comment.’’ Information on using
Regulations.gov, including instructions
for accessing documents, submitting
comments, and viewing the docket after
the close of the comment period, is
available through the site’s ‘‘FAQ’’ link.
Other Information: Additional
information about Rural Development
and its programs is available on the
internet at https://www.rd.usda.gov. All
comments will be available for public
inspection online at the Federal
eRulemaking Portal (https://
www.regulations.gov).
FOR FURTHER INFORMATION CONTACT:
Jacki Lazaruk-Ponti, Rural Development
Chief Innovation Officer at 202–692–
0036. Persons with disabilities who
require alternative means for
communication (Braille, large print,
audio tape, etc.) should contact the
USDA Target Center at (202) 720–2600
(voice and TDD).
SUPPLEMENTARY INFORMATION:
Background: Rural Development is an
advocate for rural America,
administering a multitude of programs,
ranging from housing and community
facilities to infrastructure and business
development. The Agency’s mission is
to increase economic opportunity and
improve the quality of life in rural
communities by providing the
leadership, infrastructure, capital, and
technical support that enables rural
communities to prosper. To achieve its
mission, the Agency provides financial
support, including loan guarantees,
VerDate Sep<11>2014
22:30 Oct 27, 2022
Jkt 259001
direct loans and grants, and technical
assistance to enhance the quality of life
and provide the foundation for
economic development in rural areas.
The RBCS and RUS received
significant funding through the Inflation
Reduction Act (IRA) of 2022, Public
Law Number 117–169. It is anticipated
that this funding will support the longterm resilience, reliability, and
affordability of rural electric systems by
providing financial assistance to
purchase renewable energy, other zeroemission systems, and energy efficiency
improvements that will achieve the
greatest reduction in greenhouse gas
emissions associated with the rural
electric system. Additionally, with
funding received in the IRA, Rural
Development will support renewable
energy and energy efficiency projects for
farms and small businesses through the
Rural Energy for America Program and
invest in fueling and distribution
infrastructure to increase demand for
higher blends of biofuels.
Section 22001 of the IRA provides $1
billion in budget authority for loans for
renewable energy infrastructure and
requires the agency to forgive up to 50
percent of the loan amount if the loan
terms and conditions are complied with.
In addition, the Secretary may allow
forgiveness above 50 percent so long as
additional criteria are met. Eligible
entities include electric service
providers, including municipals,
cooperatives, investor-owned and Tribal
utilities. Pursuant to IRA all projects
must be for build-out of energy
conservation systems fueled by solar,
hydro, wind, geothermal and biomass,
as required by section 317 of the Rural
Electrification Act (7 U.S.C. 940g), or for
storage of such energy types. Priority
will be given to new construction of
renewable infrastructure.
Section 22002 of the IRA provides
$2.025 Billion for the Rural Energy for
America Program (REAP) which
includes a $303.8 million set aside for
underutilized technologies and
technical assistance. Both amounts will
be administered under REAP as a single
program, as any monies not used for
underutilized technologies will revert to
the general REAP fund the following
fiscal year. The federal share can
increase from 25 percent to 50 percent
of total project cost.
Section 22003 of the IRA provides
$500 million in grants for infrastructure
for blending, storing, supplying, or
distributing biofuels. The program may
provide a federal share at up to 75% of
the total project cost.
Section 22004 of the IRA provides
$9.7 billion in budget authority for
loans, grants, loan modifications and
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Fmt 4703
Sfmt 4703
65189
other financial assistance to support
purchase of renewable energy,
renewable energy systems, zeroemissions, and carbon capture systems
to deploy such systems or to make
energy efficiency improvements to
generation and transmission systems of
eligible entities. Eligible entities include
electric cooperatives, current and former
RUS electric borrowers, or a cooperative
that is serving a predominantly rural
area (or a wholly or jointly owned
subsidiary of such electric cooperative).
Pursuant to the statute, no eligible entity
may receive an amount equal to or more
than 10% ($970 million in budget
authority) of the total amount made
available by the subsection (cumulative
across all three products). RUS may
consider establishing lower funding
limits under a Funding Opportunity
Announcement.
Rural Development is beginning the
development of the funding tools that
will be used to deliver this important
funding and stakeholder feedback is
vital in developing financial assistance
products that will be integral to
ensuring this funding reaches the
intended customers. Rural Development
will hold the listening sessions as
outlined in the ADDRESSES section of
this notice to receive oral comments
from stakeholders and the public. The
following questions and discussion
items are provided as examples of topics
stakeholders may wish to provide
comment on. Rural Development
welcomes pertinent comments that are
beyond the scope of these questions.
Rural Development is requesting
comment and discussion on the
following topics:
General Questions
Question 1: IRA requires that funds be
fully disbursed by 9/30/2031, meaning
construction and processing of all
reimbursements must occur before then.
Do you have a project(s) that could meet
the statutory requirements of any of the
RD IRA sections that could be
completed within this time frame?
When would be the soonest you would
anticipate filing? When would financing
need to be approved so project(s) could
be completed within this time frame?
Question 2: How do you recommend
RUS/RBCS balance the interests of large
and small applicants? What measures
should be taken and stakeholders or
partners should be engaged to ensure
active participation in RD IRA funding
in socially disadvantaged and distressed
communities, particularly with projects
that will have an Environmental Justice
impact?
Question 3: Projects funded under
IRA are intended to increase energy
E:\FR\FM\28OCN1.SGM
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65190
Federal Register / Vol. 87, No. 208 / Friday, October 28, 2022 / Notices
efficiency (decrease consumption of
energy) and increase the deployment
and use of renewable energy and/or
clean energy. Knowing this requirement,
what metric is most appropriate to
measure progress toward meeting the
goal of achieving greenhouse gas
reductions and the expansion of
renewable/clean energy infrastructure?
lotter on DSK11XQN23PROD with NOTICES1
Section Specific
Question 4: In particular, for Section
22004, what is the most effective way to
measure comparative reductions in
carbon dioxide, methane and nitrous
oxide emissions?
Question 5: Section 22001 of the IRA
authorizes a new financing mechanism
for the RUS Electric Program by
providing partial loan forgiveness. The
maximum amount allowed to be
forgiven is 50 percent. Under the
statute, the Secretary may authorize
forgiveness above 50 percent.
• Should loan forgiveness be a
standard amount for all applicants or
tiered based on certain criteria?
• What circumstances should justify
the Secretary exceeding the 50%
limitation under Sec. 22001?
Question 6: As consumer owned
entities, how can cooperatives ensure
that savings resulting from this program
contribute to Section 22004’s statutory
purpose of ‘‘affordability?’’
Question 7: Section 22002 provides
additional funding for REAP. A key
difference under IRA is the ability for
the Agency to provide up to 50 percent
of the cost of an activity carried out
using grant funds. How should the
Agency determine the level of grant for
individual applications? Should there
be a standard grant amount or a tiered
approach? What criteria should drive a
tiered approach?
Question 8: Section 22002 provides
additional funding for underutilized
technology projects and technical
assistance for the purposes of applying
to the program. What strategies should
RD use to engage and encourage
applications under this section?
Listening Session
Rural Development will hold the
listening session on the dates listed in
DATES section of this notice. Oral
comments received from this listening
session will be documented. All
attendees of the listening sessions who
submit oral comments may also are
submit a written copy to help Rural
Development accurately capture public
input. In addition, stakeholders and the
public who do not wish to attend or
speak during the listing session are
invited to submit written comments
which must be received by the date
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22:30 Oct 27, 2022
Jkt 259001
indicated in the DATES section of this
notice.
At the listening session, the focus is
for Rural Development to hear from the
public; this is not a discussion with
Rural Development officials or a
question-and-answer session. As noted
above, the purpose is to receive public
input that Rural Development can factor
into decisions it needs to make in order
to implement the IRA.
Each listening session will begin with
brief opening remarks from USDA
leadership in Rural Development.
Individual speakers providing oral
comments are requested to be succinct
(the agency reserves the right to
announce a time limitation at the
beginning of each session based on
attendance) as we do not know at this
time how many participants there will
be. As noted above, speakers providing
oral comments may also provide a
written copy of their comments. (See the
ADDRESSES section above for
information about submitting written
comments.)
Rural Development will be using the
Zoom platform to host the virtual
listening session.
Andrew Berke,
Administrator, Rural Utilities Service.
Karama Neal,
Administrator, Rural Business-Cooperative
Service.
[FR Doc. 2022–23519 Filed 10–27–22; 8:45 am]
BILLING CODE 3410–XY–P
COMMISSION ON CIVIL RIGHTS
Notice of Public Meeting of the
Maryland Advisory Committee
Commission on Civil Rights.
ACTION: Announcement of planning
meeting.
AGENCY:
Notice is hereby given,
pursuant to the provisions of the rules
and regulations of the U.S. Commission
on Civil Rights (Commission), and the
Federal Advisory Committee Act
(FACA), that a meeting of the Maryland
Advisory Committee to the Commission
will convene by Zoom virtual platform
and conference call on Thursday,
December 8, 2022, at 12:00 p.m. ET, for
project planning.
DATES: Thursday, December 8, 2022, at
12:00 p.m. ET.
Public Zoom Conference Link (video
and audio): https://tinyurl.com/
ycxd3xdj; password, if needed: USCCR–
MD.
If Phone Only: 1–551–285 1373;
Meeting ID: 161 853 1651#.
SUMMARY:
PO 00000
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FOR FURTHER INFORMATION CONTACT:
Melissa Wojnaroski at mwojnaroski@
usccr.gov.
The
meeting is available to the public
through the web link above. If joining
only via phone, callers can expect to
incur charges for calls they initiate over
wireless lines, and the Commission will
not refund any incurred charges.
Individuals who are deaf, deafblind and
hard of hearing may also follow the
proceedings by first calling the Federal
Relay Service at 1–800–877–8339 and
providing the Service with conference
details found through registering at the
web link above. To request additional
accommodations, please email
mwojnaroski@usccr.gov at least 10 days
prior to the meeting.
Members of the public are invited to
make statements during the open
comment period of the meeting or
submit written comments. The
comments must be received in the
regional office approximately 30 days
after each scheduled meeting. Written
comments may be emailed to Melissa
Wojnaroski at mwojnaroski@usccr.gov.
Persons who desire additional
information may contact Melissa
Wojnaroski at mwojnaroski@usccr.gov.
Records and documents discussed
during the meeting will be available for
public viewing as they become available
at www.facadatabase.gov. Persons
interested in the work of this advisory
committee are advised to go to the
Commission’s website, www.usccr.gov,
or to contact Evelyn Bohor at ebohor@
usccr.gov.
SUPPLEMENTARY INFORMATION:
Agenda
Thursday, December 8, 2022, at 12:00
p.m. ET
•
•
•
•
Welcome and Rollcall
Discussion: Project Planning
Open Comment
Adjournment
Dated: October 24, 2022.
David Mussatt,
Supervisory Chief, Regional Programs Unit.
[FR Doc. 2022–23478 Filed 10–27–22; 8:45 am]
BILLING CODE P
E:\FR\FM\28OCN1.SGM
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Agencies
[Federal Register Volume 87, Number 208 (Friday, October 28, 2022)]
[Notices]
[Pages 65188-65190]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-23519]
-----------------------------------------------------------------------
DEPARTMENT OF AGRICULTURE
Rural Business-Cooperative Service
Rural Utilities Service
[Docket Number: RBS-22-NONE-0025]
Inflation Reduction Act Listening Session
AGENCY: Rural Business--Cooperative Service and Rural Utilities
Service, USDA.
ACTION: Request for information and notice of public listening
sessions.
-----------------------------------------------------------------------
SUMMARY: The Rural Business-Cooperative Service (RBCS) and the Rural
Utilities Service (RUS), agencies of the Rural Development (RD) mission
areas of the United State Department of Agriculture, announce that they
are hosting listening sessions for public input regarding
implementation of the Inflation Reduction Act (IRA) of 2022.
Specifically, these listening sessions will provide an opportunity for
stakeholders and other interested parties to offer their comments and
input.
DATES: Written Comments: Interested parties must submit written
comments on or before November 28, 2022. All written comments received
will be publicly available on www.regulations.gov.
Listening Sessions: Two virtual listening session will be held from
2-4 p.m. ET on Thursday November 3, 2022, and 2-4 p.m. ET Friday,
November 4, 2022.
November 3, 2022--This listening session will focus on Sections
22001, 22002, and 22003. The session is aimed at rural communities,
rural small businesses, and agricultural producers including renewable
energy generation providers, distribution utilities, transportation
fueling facilities, fuel distribution facilities, environmental,
community and consumer groups, industry associations, and Federal,
state, and local government and agencies. To participate interested
parties must register at https://www.zoomgov.com/webinar/register/WN_l_ptMftKRU2zlJPMdiXF9A.
November 4, 2022--This listening session will focus on Sections
22004. This listening session will be targeted at rural electric
cooperatives and related stakeholders as described above. To
participate interested parties must
[[Page 65189]]
register at https://www.zoomgov.com/webinar/register/WN_HeGqpB7YTYOG6tmBjDyx7g.
Listening Sessions will be recorded and made publicly available. If
you require special accommodations, such as a sign language
interpreter, use the contact information above. The listening session
locations are accessible to persons with disabilities.
ADDRESSES: Comments may be submitted electronically by the Federal
eRulemaking Portal: Go to https://www.regulations.gov and in the
``Search for Rules, Proposed Rules, Notices or Supporting Documents''
box, enter the following docket number: (RBS-22-NONE-0025). To submit
or view public comments, click ``Search'' button, select the
``Documents'' tab, then select the following document title: (Inflation
Reduction Act Listening Session) from the ``Search Results'' and select
the ``Comment'' button. Before submitting your comments, you may also
review the ``Commenter's Checklist'' (optional). Insert your comments
under the ``Comment'' title, click ``Browse'' to attach files (if
available). Input your email address and select ``Submit Comment.''
Information on using Regulations.gov, including instructions for
accessing documents, submitting comments, and viewing the docket after
the close of the comment period, is available through the site's
``FAQ'' link. Other Information: Additional information about Rural
Development and its programs is available on the internet at https://www.rd.usda.gov. All comments will be available for public inspection
online at the Federal eRulemaking Portal (https://www.regulations.gov).
FOR FURTHER INFORMATION CONTACT: Jacki Lazaruk-Ponti, Rural Development
Chief Innovation Officer at 202-692-0036. Persons with disabilities who
require alternative means for communication (Braille, large print,
audio tape, etc.) should contact the USDA Target Center at (202) 720-
2600 (voice and TDD).
SUPPLEMENTARY INFORMATION:
Background: Rural Development is an advocate for rural America,
administering a multitude of programs, ranging from housing and
community facilities to infrastructure and business development. The
Agency's mission is to increase economic opportunity and improve the
quality of life in rural communities by providing the leadership,
infrastructure, capital, and technical support that enables rural
communities to prosper. To achieve its mission, the Agency provides
financial support, including loan guarantees, direct loans and grants,
and technical assistance to enhance the quality of life and provide the
foundation for economic development in rural areas.
The RBCS and RUS received significant funding through the Inflation
Reduction Act (IRA) of 2022, Public Law Number 117-169. It is
anticipated that this funding will support the long-term resilience,
reliability, and affordability of rural electric systems by providing
financial assistance to purchase renewable energy, other zero-emission
systems, and energy efficiency improvements that will achieve the
greatest reduction in greenhouse gas emissions associated with the
rural electric system. Additionally, with funding received in the IRA,
Rural Development will support renewable energy and energy efficiency
projects for farms and small businesses through the Rural Energy for
America Program and invest in fueling and distribution infrastructure
to increase demand for higher blends of biofuels.
Section 22001 of the IRA provides $1 billion in budget authority
for loans for renewable energy infrastructure and requires the agency
to forgive up to 50 percent of the loan amount if the loan terms and
conditions are complied with. In addition, the Secretary may allow
forgiveness above 50 percent so long as additional criteria are met.
Eligible entities include electric service providers, including
municipals, cooperatives, investor-owned and Tribal utilities. Pursuant
to IRA all projects must be for build-out of energy conservation
systems fueled by solar, hydro, wind, geothermal and biomass, as
required by section 317 of the Rural Electrification Act (7 U.S.C.
940g), or for storage of such energy types. Priority will be given to
new construction of renewable infrastructure.
Section 22002 of the IRA provides $2.025 Billion for the Rural
Energy for America Program (REAP) which includes a $303.8 million set
aside for underutilized technologies and technical assistance. Both
amounts will be administered under REAP as a single program, as any
monies not used for underutilized technologies will revert to the
general REAP fund the following fiscal year. The federal share can
increase from 25 percent to 50 percent of total project cost.
Section 22003 of the IRA provides $500 million in grants for
infrastructure for blending, storing, supplying, or distributing
biofuels. The program may provide a federal share at up to 75% of the
total project cost.
Section 22004 of the IRA provides $9.7 billion in budget authority
for loans, grants, loan modifications and other financial assistance to
support purchase of renewable energy, renewable energy systems, zero-
emissions, and carbon capture systems to deploy such systems or to make
energy efficiency improvements to generation and transmission systems
of eligible entities. Eligible entities include electric cooperatives,
current and former RUS electric borrowers, or a cooperative that is
serving a predominantly rural area (or a wholly or jointly owned
subsidiary of such electric cooperative). Pursuant to the statute, no
eligible entity may receive an amount equal to or more than 10% ($970
million in budget authority) of the total amount made available by the
subsection (cumulative across all three products). RUS may consider
establishing lower funding limits under a Funding Opportunity
Announcement.
Rural Development is beginning the development of the funding tools
that will be used to deliver this important funding and stakeholder
feedback is vital in developing financial assistance products that will
be integral to ensuring this funding reaches the intended customers.
Rural Development will hold the listening sessions as outlined in the
ADDRESSES section of this notice to receive oral comments from
stakeholders and the public. The following questions and discussion
items are provided as examples of topics stakeholders may wish to
provide comment on. Rural Development welcomes pertinent comments that
are beyond the scope of these questions. Rural Development is
requesting comment and discussion on the following topics:
General Questions
Question 1: IRA requires that funds be fully disbursed by 9/30/
2031, meaning construction and processing of all reimbursements must
occur before then. Do you have a project(s) that could meet the
statutory requirements of any of the RD IRA sections that could be
completed within this time frame? When would be the soonest you would
anticipate filing? When would financing need to be approved so
project(s) could be completed within this time frame?
Question 2: How do you recommend RUS/RBCS balance the interests of
large and small applicants? What measures should be taken and
stakeholders or partners should be engaged to ensure active
participation in RD IRA funding in socially disadvantaged and
distressed communities, particularly with projects that will have an
Environmental Justice impact?
Question 3: Projects funded under IRA are intended to increase
energy
[[Page 65190]]
efficiency (decrease consumption of energy) and increase the deployment
and use of renewable energy and/or clean energy. Knowing this
requirement, what metric is most appropriate to measure progress toward
meeting the goal of achieving greenhouse gas reductions and the
expansion of renewable/clean energy infrastructure?
Section Specific
Question 4: In particular, for Section 22004, what is the most
effective way to measure comparative reductions in carbon dioxide,
methane and nitrous oxide emissions?
Question 5: Section 22001 of the IRA authorizes a new financing
mechanism for the RUS Electric Program by providing partial loan
forgiveness. The maximum amount allowed to be forgiven is 50 percent.
Under the statute, the Secretary may authorize forgiveness above 50
percent.
Should loan forgiveness be a standard amount for all
applicants or tiered based on certain criteria?
What circumstances should justify the Secretary exceeding
the 50% limitation under Sec. 22001?
Question 6: As consumer owned entities, how can cooperatives ensure
that savings resulting from this program contribute to Section 22004's
statutory purpose of ``affordability?''
Question 7: Section 22002 provides additional funding for REAP. A
key difference under IRA is the ability for the Agency to provide up to
50 percent of the cost of an activity carried out using grant funds.
How should the Agency determine the level of grant for individual
applications? Should there be a standard grant amount or a tiered
approach? What criteria should drive a tiered approach?
Question 8: Section 22002 provides additional funding for
underutilized technology projects and technical assistance for the
purposes of applying to the program. What strategies should RD use to
engage and encourage applications under this section?
Listening Session
Rural Development will hold the listening session on the dates
listed in DATES section of this notice. Oral comments received from
this listening session will be documented. All attendees of the
listening sessions who submit oral comments may also are submit a
written copy to help Rural Development accurately capture public input.
In addition, stakeholders and the public who do not wish to attend or
speak during the listing session are invited to submit written comments
which must be received by the date indicated in the DATES section of
this notice.
At the listening session, the focus is for Rural Development to
hear from the public; this is not a discussion with Rural Development
officials or a question-and-answer session. As noted above, the purpose
is to receive public input that Rural Development can factor into
decisions it needs to make in order to implement the IRA.
Each listening session will begin with brief opening remarks from
USDA leadership in Rural Development. Individual speakers providing
oral comments are requested to be succinct (the agency reserves the
right to announce a time limitation at the beginning of each session
based on attendance) as we do not know at this time how many
participants there will be. As noted above, speakers providing oral
comments may also provide a written copy of their comments. (See the
ADDRESSES section above for information about submitting written
comments.)
Rural Development will be using the Zoom platform to host the
virtual listening session.
Andrew Berke,
Administrator, Rural Utilities Service.
Karama Neal,
Administrator, Rural Business-Cooperative Service.
[FR Doc. 2022-23519 Filed 10-27-22; 8:45 am]
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