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AGENCY:

Emergency Oil and Gas Guaranteed Loan Board.

ACTION:

Final rule.

SUMMARY:

In order to provide additional time for filing applications, the Emergency Oil and Gas Guaranteed Loan Board is reopening the application window for the submission of guarantee applications.

DATES:

This rule is effective February 11, 2000.

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FOR FURTHER INFORMATION CONTACT:

Charles E. Hall, Executive Director, Emergency Oil and Gas Guaranteed Loan Board, US Department of Commerce, Washington, D.C. 20230, (202) 219-0584.

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SUPPLEMENTARY INFORMATION:

Background

In order to provide additional time for the submission of completed applications, the deadline for the submission of applications has been reopened until February 28, 2000.

Administrative Law Requirements:

Executive Order 12866

This final rule has been determined not to be a significant for purposes of Executive Order 12866.

Administrative Procedure Act

This rule is exempt from the requirement to provide prior notice and Start Printed Page 6889an opportunity for public comment pursuant to 5 U.S.C. 553(b)(A), as it involves a matter relating to Board procedures and practice. Similarly, because this rule of procedure does not have a substantive effect on the public, it is not subject to a 30 day delay in effective date, as normally is required under 5 U.S.C. § 553(d). However, the Board is interested in receiving public comment and is, therefore, issuing this rule as interim final.

Regulatory Flexibility Act

Because this rule is not subject to a requirement to provide prior notice and an opportunity for public comment pursuant to 5 U.S.C. 553, or any other law, the analytical requirements of the Regulatory Flexibility Act, 5 U.S.C. 601 et seq., are inapplicable.

Congressional Review Act

This rule has been determined to be not major for purposes of the Congressional Review Act, 5 U.S.C. § 801 et seq.

Intergovernmental Review

No intergovernmental consultations with State and local officials is required because the rule is not subject to the provisions of Executive Order 12372 or Executive Order 12875.

Unfunded Mandate Reform Act of 1995

This rule contains no Federal mandates, as that term is defined in the Unfunded Mandates Reform Act, on State, local and tribal governments or the private sector.

Executive Order 13132

This rule does not contain policies having federalism implications requiring preparation of a Federalism Assessment.

Executive Order 12630

This rule does not contain policies that have takings implications.

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List of Subjects in 13 CFR Part 500

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Administrative practice and procedure, Loan Program—Oil and Gas, Reporting and recordkeeping requirements.

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For the reasons set forth in the preamble, the Emergency Oil and Gas Guaranteed Loan Board amends

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1. The authority citation for part 500 continues to read as follows:

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Authority: Pub. L. 106-51, 113 Stat. 255 (15 U.S.C. 1841 note).

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2. Section 500.205 is amended by revising paragraphs (a) to read as follows:

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