[Federal Register: December 16, 2003 (Volume 68, Number 241)]
[Rules and Regulations]               
[Page 69954-69955]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr16de03-5]                         

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DEPARTMENT OF AGRICULTURE

Rural Housing Service

Rural Business-Cooperative Service

Rural Utilities Service

Farm Service Agency

7 CFR Part 1951

RIN 0560-AG56

 
Prompt Disaster Set-Aside Consideration and Primary Loan 
Servicing Facilitation

AGENCY: Farm Service Agency, USDA.

ACTION: Final rule; correction.

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SUMMARY: This document corrects a final rule published September 25, 
2003, which provided disaster set-aside more quickly to those who can 
most benefit from the program. This document is necessary to correct an 
editorial mistake relating to the amount which may be set aside.

DATE: This rule is effective on December 16, 2003.

FOR FURTHER INFORMATION CONTACT: Michael Cumpton, Farm Loan Programs, 
Loan Servicing and Property Management Division, United States 
Department of Agriculture, Farm Service Agency, STOP 0523, 1400 
Independence Avenue, SW., Washington, DC 20250-0523, telephone (202) 690-4014; electronic mail: mike_cumpton@wdc.usda.gov.

SUPPLEMENTARY INFORMATION: This document corrects a final rule which 
amended 7 CFR part 1951 published in the Federal Register on September 
25, 2003 (68 FR 55299-55304). Section 1951.954(b)(3), as promulgated 
incorrectly states, ``The installment that may be set aside is limited 
to the first or second scheduled annual installment due after the 
disaster occurred and the amount may not exceed the installment set 
aside.'' This document removes the words, ``and the amount may not 
exceed the installment set aside'' as extraneous. The maximum set-aside 
amount is covered by paragraph (b)(4). This correction will make the 
regulation more clear.

[[Page 69955]]


0
For the reason set forth above, the final rule published on September 
25, 2003 (68 FR 55299-55304), FR Doc. 03-24177, is corrected as 
follows:
0
1. On page 55303, in the third column, revise Sec.  1951.954(b)(3) to 
read as follows:


Sec.  1951.954  Eligibility and loan limitation requirements.

* * * * *
    (b) * * *
    (3) The amount set-aside may not exceed the amount of the first or 
second scheduled annual installment due after the disaster occurred.
* * * * *

    Signed in Washington, DC, on December 10, 2003.
Floyd D. Gaibler,
Under Secretary for Farm and Foreign Agricultural Services.
[FR Doc. 03-31002 Filed 12-15-03; 8:45 am]

BILLING CODE 3410-05-P