Rural Utilities Service November 2006 – Federal Register Recent Federal Regulation Documents
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South Mississippi Electric Power Association: Notice of Availability of an Environmental Assessment
The Rural Utilities Service, an agency which administers the U.S. Department of Agriculture's Rural Development Utilities Programs (USDA Rural Development) has prepared an Environmental Assessment (EA) related to possible financial assistance to South Mississippi Electric Power Association (SMEPA) for the proposed construction of one approximately 5.76 acre 230:161:69 kV substation, two approximately 0.1 mile 230 kilovolt (kV) electric transmission lines, one 0.4 mile 69 kV electric transmission line, and one microwave tower on an approximate fourteen (14) acre parcel in Greene County, Mississippi. SMEPA is requesting the USDA Rural Development to provide financial assistance for the proposed project.
Business and Industry Guaranteed Loan Program
Rural Business-Cooperative Service (RBS) amends its regulations for the Business and Industry (B&I) Guaranteed Loan Program by modifying the regulation regarding personal and corporate guarantors. This action will standardize the guarantor process. The Agency has created a guarantor form which will be used to obtain the personal or corporate guarantee of anyone owning greater than 20 percent interest in the borrower. The effect of this rule is to allow the Agency to use all remedies available to pursue collection from guarantors, including offset under the Debt Collection Improvement Act.
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