82 FR 27682 - Compliance Examination Procedures for Rural Business Investment Companies Under the Rural Business Investment Program
DEPARTMENT OF AGRICULTURE
Rural Business-Cooperative Service Federal Register Volume 82, Issue 115 (June 16, 2017)
Rural Business-Cooperative Service
Federal Register Volume 82, Issue 115 (June 16, 2017)
| Page Range | 27682-27684 | |
| FR Document | 2017-12531 |
[Federal Register Volume 82, Number 115 (Friday, June 16, 2017)] [Notices] [Pages 27682-27684] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2017-12531] ----------------------------------------------------------------------- DEPARTMENT OF AGRICULTURE Rural Business-Cooperative Service Compliance Examination Procedures for Rural Business Investment Companies Under the Rural Business Investment Program AGENCY: Rural Business-Cooperative Service, USDA. ACTION: Notice. ----------------------------------------------------------------------- SUMMARY: This Notice identifies the examination procedures that the Rural Business-Cooperative Service (the Agency) will use for non- leveraged Rural Business Investment Companies (RBICs) within the Rural Business Investment Program (RBIP). FOR FURTHER INFORMATION CONTACT: Information on this Notice may be obtained by contacting David Chesnick, Program Manager, Rural Business Investment Program, Specialty Programs Division, U.S. Department of Agriculture, Room 4221-S, 1400 [[Page 27683]] Independence Avenue SW., Washington, DC 20250-3226, at (202) 690-0433. You may also obtain detailed information on RBIP found on the Agency's Web site at http://www.rd.usda.gov/programs-services/rural-business-investment-program. SUPPLEMENTARY INFORMATION: Paperwork Reduction Act The Paperwork Reduction Act of 1995 defines ``collection of information'' as a requirement for ``answers to * * * identical reporting or recordkeeping requirements imposed on ten or more persons'' (44 U.S.C. 3502(3)(A)). The collection requirement associated with this Notice is expected to receive less than 10 respondents and therefore the Act does not apply. Overview Information Federal Agency Name. Rural Business-Cooperative Service. Opportunity Title. Rural Business Investment Program for Non- leveraged RBICs. Announcement Type. Subsequent announcement. Catalog of Federal Domestic Assistance (CFDA) Number. The CFDA number for the program impacted by this action is 10.860, RBIP. Dates. The Agency will conduct compliance exams on an annual basis, or until such time the Agency determines otherwise. Availability of Notice. This Notice is available on the USDA Rural Development Web site at: http://www.rd.usda.gov/programs-services/rural-business-investment-program. I. Background Subtitle H of the Consolidated Farm and Rural Development Act, as amended (7 U.S.C. 2009cc et seq.) establishes RBIP. The terms defined in 7 CFR part 4290 are applicable to this Notice. The RBIP promotes rural economic development through venture capital investment by for-profit RBICs. The mission of the RBIP is to encourage economic growth, innovation, and entrepreneurship by sharing in the financial success of privately owned and managed venture capital investment funds, for the benefit of America's small rural businesses and the customers and communities they serve. Under RBIP, USDA may license RBICs as either leveraged or non- leveraged. The Agency began accepting applications for non-leveraged status under RBIP on August 6, 2012. The purpose of this Notice is to define the scope of the annual compliance review for each operating non-leveraged RBIC. All licensed RBICs are subject to regulatory compliance examinations by USDA under 7 CFR 4290.690. The examination objective is to evaluate and conclude whether the RBIC has appropriately complied with USDA program regulations in 7 CFR part 4290. The examination determines whether investments made by the RBIC were to eligible entities and for authorized purposes under program regulations. II. Examination Provisions This section of the Notice identifies the procedures the Agency will use in the compliance examination of non-leveraged RBICs. Procedures A. In accordance with 7 CFR 4290.690, the Agency will conduct each year an examination of each non-leveraged RBIC for the sole purpose of evaluating regulatory compliance. B. The Agency will conduct these regulatory compliance examinations using Agency rules located in subparts G, H, and I--as modified by subpart O--of 7 CFR part 4290 for non-leveraged RBICs. C. The Agency will apply the definitions of 7 CFR 4290.50 to RBIC examination reports and work papers. D. The Agency will examine the operations of the RBIC; it will not examine the investors in the RBIC. E. The Agency will determine whether each investment made by the RBIC is eligible based on the regulations defined in 7 CFR part 4290; the Agency will not examine the quality of the investments made by the RBIC. F. The Agency will conduct the examination of a non-leveraged RBIC off-site, absent specific authorization from USDA for on-site visits. G. The Agency will provide a copy of the final examination report and its conclusions to the RBIC. H. If the portfolio concerns were determined to be ineligible under 7 CFR 4290.700(e) during the compliance examination, the RBIC will have until the end of their next fiscal year to remedy the non-compliance. If the RBIC fails to comply with the Secretary's remedy, the Agency may, in accordance with 7 CFR 4290.3041, revoke the license of the RBIC. I. As amplified in this Notice, the Agency reviews the RBIC for regulatory compliance only. The Agency does not make any assessments, evaluations, warranties, or representations with respect to any aspect of the financial performance of the RBIP, its investments, or its investors, including their financial strength, likelihood of success, or the quality of, or return on, any investments. The review done by the Agency is strictly for its sole benefit and not for the benefit of any third party. All participants and investors in RBIPs must do their own independent due diligence. III. Nondiscrimination In accordance with Federal civil rights law and U.S. Department of Agriculture (USDA) civil rights regulations and policies, the USDA, its Agencies, offices, and employees, and institutions participating in or administering 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. To file a program discrimination complaint, complete the USDA Program Discrimination Complaint Form, AD-3027, found online at http://www.ascr.usda.gov/complaint_filing_cust.html and at any USDA office or write a letter addressed to USDA and provide in the letter all of the information requested in the form. To request a copy of the complaint form, call (866) 632-9992. Submit your completed form or letter to USDA by: (1) Mail: U.S. Department of Agriculture Office of the Assistant Secretary for Civil Rights, 1400 Independence Avenue SW., Washington, DC 20250-9410; (2) Fax: (202) 690-7442; or (3) Email: program.intake@usda.gov. USDA is an equal opportunity provider, employer, and lender. [[Page 27684]] Dated: June 12, 2017. Chad Parker, Acting Administrator, Rural Business-Cooperative Service. [FR Doc. 2017-12531 Filed 6-15-17; 8:45 am] BILLING CODE 3410-XY-P
![27682 Federal Register / Vol. 82, No. 115 / Friday, June 16, 2017 / Notices
automatic and customized access to concerning the Council, can be found by The meeting is open to the public.
selected food safety news and visiting the Council’s Web site at: http:// The agenda will include time for people
information. This service is available at: www.fs.fed.us/ucf/nucfac.shtml. to make oral statements of three minutes
http://www.fsis.usda.gov/subscribe. DATES: The meeting will be held on the or less. Individuals wishing to make an
Options range from recalls to export following dates and times: oral statement should submit a request
information, regulations, directives, and • Tuesday, July 18, 2017 from 8:30 in writing by Tuesday, July 11, 2017, to
notices. Customers can add or delete a.m. to 4:30 p.m. (EDT) be scheduled on the agenda. Council
subscriptions themselves, and have the • Wednesday, July 19, 2017 from 9:00 discussion is limited to Forest Service
option to password-protect their a.m. to 5:00 p.m. (EDT), and staff and Council members, however
accounts. • Thursday, July 20, 2017 from 9:00 anyone who would like to bring urban
a.m. to 12:00 noon (EDT) or until and community forestry matters to the
USDA Nondiscrimination Statement Council business is completed. attention of the Council may file written
No agency, officer, or employee of the All meetings are subject to statements with the Council’s staff
USDA shall, on the grounds of race, cancellation. For an updated status of before or after the meeting. Written
color, national origin, religion, sex, meeting prior to attendance, please comments and time requests for oral
gender identity, sexual orientation, contact the person listed under FOR comments must be sent to Nancy
disability, age, marital status, family/ FURTHER INFORMATION CONTACT. Stemple, Executive Staff, National
parental status, income derived from a ADDRESSES: The meeting will be held at Urban and Community Forestry
public assistance program, or political various sites, i.e., the Queens Botanical Advisory Council, Sidney Yates
beliefs, exclude from participation in, Garden, in the Meeting Room, 43–50 Building, Room 3SC–01C, 201 14th
deny the benefits of, or subject to Main Street, Flushing, New York, the Street SW., Washington, DC 20024, or
discrimination, any person in the U.S. Forest Service, New York City by email at nstremple@fs.fed.us.
United States under any program or Field Station, 431 Walter Reed Road, Meeting Accommodations: If you are
activity conducted by the USDA. Building 431, in the Upstairs a person requiring reasonable
To file a complaint of discrimination, Conference Room, Bayside Queens, New accommodation, please make requests
complete the USDA Program York, and the Bronx site visit tour. in advance for sign language
Discrimination Complaint Form, which Written comments concerning this interpreting, assistive listening devices
may be accessed online at: http:// meeting should be submitted as or other reasonable accommodation for
www.ocio.usda.gov/sites/default/files/ described under SUPPLEMENTARY access to the facility or proceedings by
docs/2012/Complain_combined_6_8_ INFORMATION. All comments, including contacting the person listed in the
12.pdf, or write a letter signed by you names and addresses, when provided, section titled For Further Information
or your authorized representative. are placed in the record and available Contact. All reasonable accommodation
Send your completed complaint form for public inspection and copying. The requests are managed on a case by case
or letter to USDA by mail, fax, or email: public may inspect comments received basis.
Mail: U.S. Department of Agriculture, at the USDA Forest Service, Sidney
Yates Building, Room 3SC–01B, 201 Dated: June 12, 2017.
Director, Office of Adjudication, 1400
14th Street SW., Washington, DC 20024. Patti Hirami,
Independence Avenue SW.,
Washington, DC 20250–9410. Please call ahead at (202) 309–9873 to Associate Deputy Chief, State and Private
facilitate entry into the building. Forestry.
Fax: (202) 690–7442.
Email: program.intake@usda.gov. FOR FURTHER INFORMATION CONTACT: [FR Doc. 2017–12479 Filed 6–15–17; 8:45 am]
Persons with disabilities who require Nancy Stremple, Executive Staff, BILLING CODE 3411–15–P
alternative means for communication National Urban and Community
(Braille, large print, audiotape, etc.) Forestry Advisory Council, Sidney
should contact USDA’s TARGET Center Yates Building, Room 3SC–01C, 201 DEPARTMENT OF AGRICULTURE
at (202) 720–2600 (voice and TDD). 14th Street SW., Washington, DC 20024, Rural Business-Cooperative Service
Done at Washington, DC on: June 8, 2017. by cell telephone at 202–309–9873, or
Alfred V. Almanza,
by email at nstremple@fs.fed.us, or via Compliance Examination Procedures
facsimile at 202–690–5792. Individuals for Rural Business Investment
Administrator.
who use telecommunication devices for Companies Under the Rural Business
[FR Doc. 2017–12563 Filed 6–15–17; 8:45 am] the deaf (TDD) may call the Federal Investment Program
BILLING CODE P Information Relay Service (FIRS) at 1–
800–877–8339 between 8:00 a.m. and AGENCY: Rural Business-Cooperative
8:00 p.m., Eastern Standard Time, Service, USDA.
DEPARTMENT OF AGRICULTURE Monday through Friday. ACTION: Notice.
Forest Service SUPPLEMENTARY INFORMATION: The
SUMMARY: This Notice identifies the
purpose of the meeting is to: examination procedures that the Rural
National Urban and Community 1. Introduce new members;
2. Develop the 2017 Accomplishment Business-Cooperative Service (the
Forestry Advisory Council Agency) will use for non-leveraged
and Recommendations;
AGENCY: Forest Service, USDA. 3. Update status of the 2018 grant Rural Business Investment Companies
ACTION: Notice of meeting. review; (RBICs) within the Rural Business
Investment Program (RBIP).
sradovich on DSK3GMQ082PROD with NOTICES
4. Meet and listen to local
SUMMARY: The National Urban and constituents urban forestry concerns or FOR FURTHER INFORMATION CONTACT:
Community Forestry Advisory Council opportunities; Information on this Notice may be
(Council) will meet in Flushing, New 5. Provide updates on the obtained by contacting David Chesnick,
York. The Council is authorized by the implementation of the Ten Year Urban Program Manager, Rural Business
Cooperative Forestry Assistance Act, Forestry Action Plan (2016–2026); and Investment Program, Specialty Programs
and the Federal Advisory Committee 6. Receive Forest Service budget and Division, U.S. Department of
Act (FACA). Additional information program updates. Agriculture, Room 4221–S, 1400
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![27684 Federal Register / Vol. 82, No. 115 / Friday, June 16, 2017 / Notices
Dated: June 12, 2017. who desire additional information may copies of the information collection
Chad Parker, contact the Southern Regional Office at instrument(s) and instructions should
Acting Administrator, Rural Business- (404) 562–7000. be directed to Rebecca E. Vilky, 301–
Cooperative Service. Records generated from this meeting 763–2162, U.S. Census Bureau, HQ–
[FR Doc. 2017–12531 Filed 6–15–17; 8:45 am] may be inspected and reproduced at the 8H172F, Washington, DC 20233–0500
BILLING CODE 3410–XY–P Southern Regional Office, as they (or via email at rebecca.e.vilky@
become available, both before and after census.gov).
the meeting. Records of the meeting will
be available via www.facadatabase.gov SUPPLEMENTARY INFORMATION:
COMMISSION ON CIVIL RIGHTS
under the Commission on Civil Rights, I. Abstract
Notice of Public Meeting of the Georgia Georgia Advisory Committee link.
Advisory Committee Persons interested in the work of this The Census Bureau is requesting
Committee are directed to the generic clearance to conduct customer
AGENCY: U.S. Commission on Civil Commission’s Web site, http:// satisfaction research which may be in
Rights. www.usccr.gov, or may contact the the form of mailed or electronic
ACTION: Announcement of meeting. Southern Regional Office at the above questionnaires and/or focus groups,
email or street address. telephone interviews, or web-based
SUMMARY: Notice is hereby given,
pursuant to the provisions of the rules Agenda interviews.
and regulations of the U.S. Commission Welcome and Introductions The Census Bureau has ranked a
on Civil Rights (Commission) and the Jeff Hinton, Regional Director; Jerry customer-focused environment as one of
Federal Advisory Committee Act that Gonzalez, Chair Georgia SAC its most important strategic planning
the Georgia (State) Advisory Committee Regional Update—Jeff Hinton objectives. The Census Bureau routinely
will hold a meeting on Tuesday, July 11, Discussion of implementation process to needs to collect and analyze customer
2017, for discussing potential project the public hearing— feedback about its products and services
implementation on the topic of civil Jerry Gonzalez, Chair Georgia SAC to better align them to its customers’
rights and the Olmstead rule in Florida. Staff/Advisory Committee needs and preferences. Several
DATES: The meeting will be held on
Public comments programs, products, and distribution
Adjournment channels have been designed and/or
Tuesday July 11, 2017 at 2:00 p.m. EST.
ADDRESSES: The meeting will be by Dated: June 12, 2017. redesigned based on feedback from its
teleconference. Toll-free call-in number: David Mussatt, various customer satisfaction research
877–795–3638, conference ID: 4175532. Supervisory Chief, Regional Programs Unit. efforts.
FOR FURTHER INFORMATION CONTACT: Jeff [FR Doc. 2017–12486 Filed 6–15–17; 8:45 am] Each research design is reviewed for
Hinton, DFO, at jhinton@usccr.gov or BILLING CODE P content, utility, and user-friendliness by
404–562–7006. a variety of appropriate staff (including
SUPPLEMENTARY INFORMATION: Members research design and subject-matter
of the public can listen to the DEPARTMENT OF COMMERCE experts). The concept and design are
discussion. This meeting is available to tested by internal staff and a select
the public through the following toll- Census Bureau sample of respondents to confirm its
free call-in number: 877–795–3638, appropriateness, user-friendliness, and
Proposed Information Collection; to estimate burden (including hours and
conference ID: 4175532. Any interested Comment Request; Generic Clearance
member of the public may call this cost) of the proposed collection of
for Customer Satisfaction Research information. Collection techniques are
number and listen to the meeting.
Callers can expect to incur charges for AGENCY: U.S. Census Bureau. discussed and included in the research,
calls they initiate over wireless lines, ACTION: Notice. concept, and design discussion to define
and the Commission will not refund any the most time-, cost-efficient and
incurred charges. Callers will incur no SUMMARY: The Department of accurate collection media.
charge for calls they initiate over land- Commerce, as part of its continuing The clearance operates in the
line connections to the toll-free effort to reduce paperwork and following manner: A block of burden
telephone number. Persons with hearing respondent burden, invites the general hours is reserved at the beginning of the
impairments may also follow the public and other Federal agencies to clearance period. The particular
proceedings by first calling the Federal take this opportunity to comment on activities that will be conducted under
Relay Service at 1–800–977–8339 and proposed and/or continuing information the clearance are not specified in
providing the Service with the collections, as required by the advance because they would not be
conference call number and conference Paperwork Reduction Act of 1995, known at the beginning of the clearance
ID number. Public Law 104–13. period. The Census Bureau provides
Members of the public are also DATES: To ensure consideration, written detailed information to the Office of
entitled to submit written comments; comments must be submitted on or Management and Budget (OMB) about
the comments must be received in the before August 15, 2017. the specific activities a minimum of two
regional office by July 7, 2017. Written ADDRESSES: Direct all written comments weeks prior to the planned start date of
comments may be mailed to the to Jennifer Jessup, Departmental the collection. OMB provides any
sradovich on DSK3GMQ082PROD with NOTICES
Southern Regional Office, U.S. Paperwork Clearance Officer, comments it may have prior to the start
Commission on Civil Rights, 61 Forsyth Department of Commerce, Room 6616, date of the planned activity. At the end
Street, Suite 16T126, Atlanta, GA 30303. 14th and Constitution Avenue NW., of each year, a report is submitted to
They may also be faxed to the Washington, DC 20230 (or via the OMB that summarizes the number of
Commission at (404) 562–7005, or Internet at PRAcomments@doc.gov). hours used as well as the nature and
emailed to Regional Director, Jeffrey FOR FURTHER INFORMATION CONTACT: results of the activities completed under
Hinton at jhinton@usccr.gov. Persons Requests for additional information or the clearance.
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Document Created: 2017-06-16 00:52:15
Document Modified: 2017-06-16 00:52:15
| Category | Regulatory Information | |
| Collection | Federal Register | |
| sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
| Publisher | Office of the Federal Register, National Archives and Records Administration | |
| Section | Notices | |
| Action | Notice. | |
| Contact | Information on this Notice may be obtained by contacting David Chesnick, Program Manager, Rural Business Investment Program, Specialty Programs Division, U.S. Department of Agriculture, Room 4221-S, 1400 Independence Avenue SW., Washington, DC 20250-3226, at (202) 690-0433. You may also obtain detailed information on RBIP found on the Agency's Web site at http://www.rd.usda.gov/programs-services/rural-business- investment-program. | |
| FR Citation | 82 FR 27682 |
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