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GAO-14-247R 1 (2013-12-20)

handle is hein.gao/gaobadpys0001 and id is 1 raw text is: G A U.S. GOVERNMENT ACCOUNTABILITY OFFICE 441 G St. N.W. Washington, DC 20548 B-325382 December 20, 2013 The Honorable Debbie Stabenow Chairman The Honorable Thad Cochran Ranking Member Committee on Agriculture, Nutrition, and Forestry United States Senate The Honorable Frank D. Lucas Chairman The Honorable Collin C. Peterson Ranking Member Committee on Agriculture House of Representatives Subject: Department of Agriculture, Rural Utilities Service: Energy Efficiency and Conservation Loan Program Pursuant to section 801 (a)(2)(A) of title 5, United States Code, this is our report on a major rule promulgated by the Department of Agriculture, Rural Utilities Service (RUS) entitled Energy Efficiency and Conservation Loan Program (RIN: 0572-AC19). We received the rule on December 5, 2013.1 It was published in the Federal Register as a final rule on December 5, 2013, with an effective date of February 3, 2014. 78 Fed. Reg. 73,356. The final rule contains policies and procedures for loan and guarantee financial assistance in support of energy efficiency programs (EE Programs) sponsored and implemented by electric utilities for the benefit of rural persons in their service territory. This final rule amends RUS regulations on General and Pre-Loan Policies and Procedures Common to Electric Loans and Guarantees, which were codified on December 20, 1993. The final rule also includes conforming amendments to additional RUS regulations. Under section 2 of the Rural Electrification Act of 1937 (RE Act), RUS is authorized to assist electric borrowers in implementing demand side management, energy efficiency and conservation programs, and on- grid and off-grid renewable energy systems. The scope of this regulation falls within the authority of the Act. Enclosed is our assessment of RUS's compliance with the procedural steps required by section 801 (a)(1)(B)(i) through (iv) of title 5 with respect to the rule. Our review of the procedural steps taken indicates that RUS complied with the applicable requirements. 1 The rule was marked as non-major when submitted on December 5, 2013. Upon further review, we noted that the rule stated that it was economically significant. The website of the Office of Information and Regulatory Affairs designated the rule as major. Upon contacting the agency directly, we received confirmation on December 9, 2013, that the rule should in fact be treated as major. GAO-14-247R

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