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DEPARTMENT OF AGRICULTURE
Commodity Credit Corporation
7 CFR Part 1485
RIN 0551-AA24
Agreements for the Development of Foreign Markets for
Agricultural Commodities
AGENCY: Commodity Credit Corporation, USDA
ACTION: Final rule.
SUMMARY: The Commodity Credit Corporation (CCC) is adopting as a final rule the provisions of the interim final rule published February 1, 1996 (61 FR 3548) regarding implementation of the Market Promotion Program (MPP) authorized by Section 203 of the Agricultural Trade Act of 1978. Specifically, the rule revises procedural and documentation requirements pertaining to program participants' contracts with third parties. This change eases administrative requirements and minimizes the potential for increased costs to participants and possible delays in implementing program activities.
EFFECTIVE DATE: October 11, 1996.
FOR FURTHER INFORMATION CONTACT: Sharon L. McClure or Denise Fetters at (202) 720-5521.
SUPPLEMENTARY INFORMATION:
Executive Order 12866
This final rule is issued in conformance with Executive Order 12866. Based on information compiled by the Department, it has been determined that this rule:
(1) Would have an annual effect on the economy of less than $100 million;
(2) Would not adversely affect in a material way the economy, a sector of the economy, productivity, competition, jobs, the environment, public health or safety, or State, local, or tribal governments or communities;
(3) Would not create a serious inconsistency or otherwise interfere with an action taken or planned by another agency;
(4) Would not alter the budgetary impact of entitlements, grants, user fees, or loan programs or rights and obligations of recipients thereof; and
(5) Would not raise novel legal or policy issues arising out of legal mandates, the President=s priorities, or principles set forth in Executive Order 12866.
Regulatory Flexibility Act
It has been determined that the Regulatory Flexibility Act is not applicable to the final rule since CCC is not required by 5 U.S.C. 553 or any other provision of law to publish a notice of rulemaking with respect to the subject matter of this rule.
Executive Order 12372
This program is not subject to the provisions of Executive Order 12372, which requires intergovernmental consultation with State and local officials. See notice related to 7 CFR part 3015, subpart V, published at 48 FR 29115 (June 24, 1983).
Executive Order 12988
This final rule has been reviewed under the Executive Order 12988, Civil Justice Reform. The rule would have preemptive effect with respect to any state or local laws, regulations, or policies which conflict with such provisions or which otherwise impede their full implementation. The rule would not have retroactive effect. The rule does not require that administrative remedies be exhausted before suit may be filed.
General Comments
The public was given an opportunity to submit written comments on the interim final rule. CCC did not receive any comments. The interim rule is adopted as final.
Information Collection Requirements
The amendment set forth in this final rule does not impose any new reporting or record keeping requirements. The information collection requirements for participating in the MPP were approved for use by the Office of Management and Budget under OMB control number 0551-0027.
List of Subjects in 7 CFR Part 1485
Agricultural commodities, Exports.
PART 1485 - AGREEMENTS FOR THE DEVELOPMENT OF FOREIGN MARKETS FOR AGRICULTURAL COMMODITIES
Accordingly, the interim rule amending 7 CFR part 1485 which was published at 61 FR 3458 on February 1, 1996, is adopted as a final rule without change.
Signed at Washington, DC, this 27th day of September 1996.
Timothy J. Galvin,
Acting Administrator,
Foreign Agricultural Service and
Vice President, Commodity
Credit Corporation
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