Consumer Oriented Operating Loans, 22117-22118 [2024-06719]

Download as PDF Federal Register / Vol. 89, No. 62 / Friday, March 29, 2024 / Notices khammond on DSKJM1Z7X2PROD with NOTICES displays a currently valid OMB control number and the agency informs potential persons who are to respond to the collection of information that such persons are not required to respond to the collection of information unless it displays a currently valid OMB control number. Food Safety and Inspection Service Title: Qualitative Research on Food Safety Behaviors Among Parents and Caregivers who prepare meals for minors or older adults. In Depth Interview Research. OMB Number: 0583–NEW. Type of Request: Request for a new information collection. Abstract: FSIS is announcing its intention to collect information from interviews on consumer food safety knowledge, attitudes, and behaviors. FSIS will also collect consumer responses to food safety messages related to home cooking to gather feedback on message content and format. FSIS’ Office of Public Affairs and Consumer Education makes sure members of the American public are equipped with the tools they need to reduce their risk of foodborne illness by teaching the public how to safely handle, prepare, and store food. Consumer education campaigns developed by OPACE’s staff are created to promote safe food handling procedures and reduce the likelihood of foodborne illness. To extend its commitment to educating the public about food safety, FSIS is seeking to focus on the parents and caregivers or those who are providing care and preparing meals to at least one child or one older adult, as a priority audience for this new food safety campaign. Need and Use of the Information: Preliminary research is necessary to learn more about how to best tailor campaign messages to suit the needs of the audiences of focus. The goal of the proposed research study is to learn more about African American/Black and Hispanic/Latino parent and caregiver knowledge, attitudes, and current behaviors regarding food safety. The information collected from this research will be used to develop and tailor messages to suit audience needs. Further, audience feedback about draft messaging strategies and approaches is necessary to ensure that campaign messages will appeal to audiences. Information will be used to develop and disseminate effective messaging to help reduce foodborne illness among parents and caregivers. The lack of information in this area would impede VerDate Sep<11>2014 16:49 Mar 28, 2024 Jkt 262001 the Agency’s ability to provide more useful information to consumers to help reduce foodborne illness in the United States. The final goal will be to gather feedback on proposed FSIS food safety messages and understand their possible influence on future food safety behaviors among consumers. Description of Respondents: Individuals/Households (Parents and Caregivers). Number of Respondents: 3,050. Frequency of Responses: Reporting: Annually. Total Burden Hours: 547. Rachelle Ragland-Greene, Acting Departmental Information Collection Clearance Officer. [FR Doc. 2024–06721 Filed 3–28–24; 8:45 am] BILLING CODE 3410–DM–P DEPARTMENT OF AGRICULTURE Rural Utilities Service [Docket #: RUS–24–Electric–0003] Consumer Oriented Operating Loans Rural Utilities Service, USDA. Notice. AGENCY: ACTION: The Rural Utilities Service (RUS or Agency), a Rural Development agency of the United States Department of Agriculture, is issuing this notice to announce it will be utilizing its longstanding statutory authority to consider operating loans under an initiative known as Consumer Oriented Operating Loans (COOL). COOL funding may be approved at the discretion of the RUS Administrator to finance operations for current system borrowers to meet financing needs where the borrower faces hardship circumstances involving unique, transitory, or exigent conditions. To qualify for COOL financing borrowers will commit to create environmental benefits to end users/consumers and invest in additional new carbon pollution-free electricity and/or energy efficiency measures. RUS estimates $50 million will be available for this program in fiscal year 2024. DATES: This notice is applicable March 29, 2024 and will continue until further notice. FOR FURTHER INFORMATION CONTACT: Christopher McLean, Assistant Administrator, Electric Program, Rural Utilities Service, Rural Development, United States Department of Agriculture, 1400 Independence Avenue SW, STOP 1568, Washington, DC 20250–1560; telephone: 202–690–4492. Email to: christopher.mclean@usda.gov. SUMMARY: PO 00000 Frm 00002 Fmt 4703 Sfmt 4703 22117 SUPPLEMENTARY INFORMATION: Authority: Section 4 (7 U.S.C. 904) of title I of the Rural Electrification Act of 1936, as amended, gives RUS the authority to make loans ‘‘for the purpose of financing the construction and operation’’ of electric infrastructure furnishing and improving electric service to persons in rural areas. Definitions: For the purposes of this notice: Carbon pollution-free electricity means electrical energy produced from resources that generate no carbon emissions, including marine energy, solar, wind, hydrokinetic (including tidal, wave, current, and thermal), geothermal, hydroelectric, nuclear, renewably sourced hydrogen, and electrical energy generation from fossil resources to the extent there is active capture and storage of carbon dioxide emissions that meets EPA requirements; https://www.federalregister.gov/ documents/2021/12/13/2021-27114/ catalyzing-clean-energy-industries-andjobs-through-federal-sustainability. Energy Efficiency Measure means any capital investment that reduces energy costs in an amount sufficient to recover the total cost of purchasing and installing such measure over an appropriate period of time and maintains or reduces non-renewable energy consumption. Clean Energy Enabling Measures shall mean measures (such as adopting new technologies and/or making investments) that enable carbon pollution-free electricity as defined in this notice. Purpose: To provide funding, at the discretion of the RUS Administrator, to current system borrowers to meet financing needs in hardship circumstances involving unique, transitory, or exigent conditions, such as, but not limited to, power or material cost spikes; liquidity needs due to weather events, supply chain interruptions, man-made or natural disasters or circumstances where end users/consumers could experience excessive rate impacts. Additionally, these loans will require borrowers to create environmental benefits through investments in additional new carbon pollution-free electricity, energy efficiency measures, and/or clean energy enabling measures. Terms: COOL financing recipients will be required to commit that the loan funds will be used to benefit the end users/consumers. In addition, the recipients will also be required to make an investment in carbon pollution-free electricity, energy efficiency measures, and clean energy enabling measures acceptable to the Administrator. Such E:\FR\FM\29MRN1.SGM 29MRN1 22118 Federal Register / Vol. 89, No. 62 / Friday, March 29, 2024 / Notices investment must be after the date of the loan commitment letter and prior to two (2) years from the date of the first COOL advance, or other contract covenant deadline approved by the RUS Administrator given the unique circumstances of the Borrower. The investment must be in an amount equal to at least 10 percent of the COOL financing, be additional new carbon pollution-free electricity and/or energy efficiency measures and result in quantifiable, greenhouse gas emissions reductions as evidenced in documentation submitted to the Agency in form and substance acceptable to the RUS Administrator. In all other respects, COOL financing will be subject to the same eligibility, underwriting, loan security and repayment criteria as the core RUS electric infrastructure loan program. COOL financing will only be made available if the Administrator determines that the loan is feasible and sufficient collateral exists to provide the RUS with adequate security pursuant to a first-priority lien or shared firstpriority lien on system assets to ensure full repayment of RUS debt. COOL loans will generally follow the RUS regulations, bulletins and standard policies and procedures for the type of funding (i.e., direct or guaranteed) approved for the COOL loan and will be at terms not to exceed 20 years. The Electric Program will update existing regulations and bulletins and promulgate new regulations as necessary to implement this new COOL loan policy. Background: Historically the RUS has prioritized infrastructure construction and sparingly utilized its authority to finance operations and has only approved loans funding operations where a borrower faced a unique hardship affecting the borrower’s liquidity or consumer rates. The COVID pandemic and severe weather events are recent examples of such events. The RUS, on a trial basis, approved COOL financing to several generation and transmission system borrowers and distribution system borrowers who sought operating loans to address hardship circumstances. Under the previously approved COOL financing, the Agency made operating loans whereas a condition of receiving the COOL financing, the borrowers committed that the COOL financing would benefit the end users/consumers and the borrowers also committed that an amount equal to 10 percent of the principal amount of the COOL financing would be invested in new energy efficiency measures or carbon pollutionfree electricity technologies. Based on its experience with COOL financing with these trial cases and the application of the agency’s rigorous underwriting standards, the agency is announcing that COOL financing is available to current RUS borrowers that encounter the hardship circumstances described in this notice. Upon publication of this notice in the Federal Register and until further notice, the RUS will, in hardship situations, consider new requests for COOL financing in addition to its existing authorities and programs. Infrastructure financing will continue to be the RUS Electric Program’s highest priority and COOL financing will only be made available in hardship cases when funds are available and there is no negative impact on RUS ability to meet the infrastructure financing needs in the core RUS Electric Program. Michele Brooks, Acting Administrator, Rural Utilities Service. [FR Doc. 2024–06719 Filed 3–28–24; 8:45 am] BILLING CODE 3410–15–P DEPARTMENT OF COMMERCE Census Bureau [Docket Number: 240130–0030] X–RIN 0607–XC074 Estimates of the Voting-Age Population for 2023 Census Bureau, Commerce. General notice announcing population estimates. AGENCY: ACTION: This notice announces the voting-age population estimates as of July 1, 2023 for each state and the District of Columbia. We are providing this notice in accordance with the 1976 amendment to the Federal Election Campaign Act. FOR FURTHER INFORMATION CONTACT: Karen Battle, Chief, Population Division, U.S. Census Bureau, 4600 Silver Hill Road, Washington, DC 20233. Phone: 301–763–2071. Email: Karen.Battle@census.gov. SUPPLEMENTARY INFORMATION: Under the requirements of the 1976 amendment to the Federal Election Campaign Act, Title 52, United States Code, Section 30116(e), I hereby give notice that the estimates of the voting-age population for July 1, 2023 for each state and the District of Columbia are as shown in the following table. SUMMARY: ESTIMATES OF THE POPULATION OF VOTING AGE FOR EACH STATE AND THE DISTRICT OF COLUMBIA: JULY 1, 2023 Population 18 and over khammond on DSKJM1Z7X2PROD with NOTICES Area United States .......................................................... Alabama .................................................................. Alaska ..................................................................... Arizona .................................................................... Arkansas ................................................................. California ................................................................. Colorado ................................................................. Connecticut ............................................................. Delaware ................................................................. District of Columbia ................................................ Florida ..................................................................... Georgia ................................................................... Hawaii ..................................................................... Idaho ....................................................................... Illinois ...................................................................... Indiana .................................................................... Iowa ........................................................................ Kansas .................................................................... Kentucky ................................................................. Louisiana ................................................................. VerDate Sep<11>2014 16:49 Mar 28, 2024 Jkt 262001 PO 00000 262,083,034 3,977,628 557,899 5,848,310 2,362,124 30,519,524 4,662,926 2,894,190 819,952 552,380 18,229,883 8,490,546 1,141,525 1,497,384 9,844,167 5,274,945 2,476,882 2,246,209 3,509,259 3,506,600 Frm 00003 Fmt 4703 Population 18 and over Area Missouri .................................................................. Montana ................................................................. Nebraska ................................................................ Nevada ................................................................... New Hampshire ...................................................... New Jersey ............................................................ New Mexico ............................................................ New York ................................................................ North Carolina ........................................................ North Dakota .......................................................... Ohio ........................................................................ Oklahoma ............................................................... Oregon ................................................................... Pennsylvania .......................................................... Rhode Island .......................................................... South Carolina ....................................................... South Dakota ......................................................... Tennessee .............................................................. Texas ...................................................................... Sfmt 4703 E:\FR\FM\29MRN1.SGM 29MRN1 4,821,686 897,161 1,497,381 2,508,220 1,150,004 7,280,551 1,663,024 15,611,308 8,498,868 599,192 9,207,681 3,087,217 3,401,528 10,332,678 892,124 4,229,354 697,420 5,555,761 22,942,176

Agencies

[Federal Register Volume 89, Number 62 (Friday, March 29, 2024)]
[Notices]
[Pages 22117-22118]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-06719]


-----------------------------------------------------------------------

DEPARTMENT OF AGRICULTURE

Rural Utilities Service

[Docket #: RUS-24-Electric-0003]


Consumer Oriented Operating Loans

AGENCY: Rural Utilities Service, USDA.

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: The Rural Utilities Service (RUS or Agency), a Rural 
Development agency of the United States Department of Agriculture, is 
issuing this notice to announce it will be utilizing its long-standing 
statutory authority to consider operating loans under an initiative 
known as Consumer Oriented Operating Loans (COOL). COOL funding may be 
approved at the discretion of the RUS Administrator to finance 
operations for current system borrowers to meet financing needs where 
the borrower faces hardship circumstances involving unique, transitory, 
or exigent conditions. To qualify for COOL financing borrowers will 
commit to create environmental benefits to end users/consumers and 
invest in additional new carbon pollution-free electricity and/or 
energy efficiency measures. RUS estimates $50 million will be available 
for this program in fiscal year 2024.

DATES: This notice is applicable March 29, 2024 and will continue until 
further notice.

FOR FURTHER INFORMATION CONTACT: Christopher McLean, Assistant 
Administrator, Electric Program, Rural Utilities Service, Rural 
Development, United States Department of Agriculture, 1400 Independence 
Avenue SW, STOP 1568, Washington, DC 20250-1560; telephone: 202-690-
4492. Email to: [email protected].

SUPPLEMENTARY INFORMATION: 
    Authority: Section 4 (7 U.S.C. 904) of title I of the Rural 
Electrification Act of 1936, as amended, gives RUS the authority to 
make loans ``for the purpose of financing the construction and 
operation'' of electric infrastructure furnishing and improving 
electric service to persons in rural areas.
    Definitions: For the purposes of this notice:
    Carbon pollution-free electricity means electrical energy produced 
from resources that generate no carbon emissions, including marine 
energy, solar, wind, hydrokinetic (including tidal, wave, current, and 
thermal), geothermal, hydroelectric, nuclear, renewably sourced 
hydrogen, and electrical energy generation from fossil resources to the 
extent there is active capture and storage of carbon dioxide emissions 
that meets EPA requirements; https://www.federalregister.gov/documents/2021/12/13/2021-27114/catalyzing-clean-energy-industries-and-jobs-through-federal-sustainability.
    Energy Efficiency Measure means any capital investment that reduces 
energy costs in an amount sufficient to recover the total cost of 
purchasing and installing such measure over an appropriate period of 
time and maintains or reduces non-renewable energy consumption.
    Clean Energy Enabling Measures shall mean measures (such as 
adopting new technologies and/or making investments) that enable carbon 
pollution-free electricity as defined in this notice.
    Purpose: To provide funding, at the discretion of the RUS 
Administrator, to current system borrowers to meet financing needs in 
hardship circumstances involving unique, transitory, or exigent 
conditions, such as, but not limited to, power or material cost spikes; 
liquidity needs due to weather events, supply chain interruptions, man-
made or natural disasters or circumstances where end users/consumers 
could experience excessive rate impacts. Additionally, these loans will 
require borrowers to create environmental benefits through investments 
in additional new carbon pollution-free electricity, energy efficiency 
measures, and/or clean energy enabling measures.
    Terms: COOL financing recipients will be required to commit that 
the loan funds will be used to benefit the end users/consumers. In 
addition, the recipients will also be required to make an investment in 
carbon pollution-free electricity, energy efficiency measures, and 
clean energy enabling measures acceptable to the Administrator. Such

[[Page 22118]]

investment must be after the date of the loan commitment letter and 
prior to two (2) years from the date of the first COOL advance, or 
other contract covenant deadline approved by the RUS Administrator 
given the unique circumstances of the Borrower. The investment must be 
in an amount equal to at least 10 percent of the COOL financing, be 
additional new carbon pollution-free electricity and/or energy 
efficiency measures and result in quantifiable, greenhouse gas 
emissions reductions as evidenced in documentation submitted to the 
Agency in form and substance acceptable to the RUS Administrator. In 
all other respects, COOL financing will be subject to the same 
eligibility, underwriting, loan security and repayment criteria as the 
core RUS electric infrastructure loan program.
    COOL financing will only be made available if the Administrator 
determines that the loan is feasible and sufficient collateral exists 
to provide the RUS with adequate security pursuant to a first-priority 
lien or shared first-priority lien on system assets to ensure full 
repayment of RUS debt. COOL loans will generally follow the RUS 
regulations, bulletins and standard policies and procedures for the 
type of funding (i.e., direct or guaranteed) approved for the COOL loan 
and will be at terms not to exceed 20 years.
    The Electric Program will update existing regulations and bulletins 
and promulgate new regulations as necessary to implement this new COOL 
loan policy.
    Background: Historically the RUS has prioritized infrastructure 
construction and sparingly utilized its authority to finance operations 
and has only approved loans funding operations where a borrower faced a 
unique hardship affecting the borrower's liquidity or consumer rates. 
The COVID pandemic and severe weather events are recent examples of 
such events.
    The RUS, on a trial basis, approved COOL financing to several 
generation and transmission system borrowers and distribution system 
borrowers who sought operating loans to address hardship circumstances. 
Under the previously approved COOL financing, the Agency made operating 
loans whereas a condition of receiving the COOL financing, the 
borrowers committed that the COOL financing would benefit the end 
users/consumers and the borrowers also committed that an amount equal 
to 10 percent of the principal amount of the COOL financing would be 
invested in new energy efficiency measures or carbon pollution-free 
electricity technologies. Based on its experience with COOL financing 
with these trial cases and the application of the agency's rigorous 
underwriting standards, the agency is announcing that COOL financing is 
available to current RUS borrowers that encounter the hardship 
circumstances described in this notice.
    Upon publication of this notice in the Federal Register and until 
further notice, the RUS will, in hardship situations, consider new 
requests for COOL financing in addition to its existing authorities and 
programs. Infrastructure financing will continue to be the RUS Electric 
Program's highest priority and COOL financing will only be made 
available in hardship cases when funds are available and there is no 
negative impact on RUS ability to meet the infrastructure financing 
needs in the core RUS Electric Program.

Michele Brooks,
Acting Administrator, Rural Utilities Service.
[FR Doc. 2024-06719 Filed 3-28-24; 8:45 am]
BILLING CODE 3410-15-P


This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.