Document Headings

                    Document headings vary by document type but may contain                    the following:                  
                -                       the agency or agencies that issued and signed a document                    
                -                       the number of the CFR title and the number of each part                      the document amends, proposes to amend, or is directly                      related to                    
                -                       the agency docket number / agency internal file number                    
                -                       the RIN which identifies each regulatory action listed in                      the Unified Agenda of Federal Regulatory and Deregulatory                      Actions                    

                    See the                                          Document Drafting Handbook                                        for more details.                  

###### Department of Agriculture

###### Rural Business-Cooperative Service

          - 7 CFR Part 4274
          - [Docket No. RBS-20-BUSINESS-0032]
          - RIN 0570-AA99

# AGENCY:

Rural Business-Cooperative Service, Department of Agriculture (USDA).

# ACTION:

Final rule; correcting amendment.

# SUMMARY:

On December 21, 2021, Rural Development's Rural Business-Cooperative Service (hereinafter referred to as “the Agency”) published a document that completed a revision to the Intermediary Relending Program (IRP) regulations to streamline process, provide clarity on the daily administration of the program, and incorporate program updates. Following the final implementation of the final rule, the Agency found that a correction due to an error, is necessary. This document corrects the final rule.

# DATES:

Effective April 1, 2022.

# FOR FURTHER INFORMATION CONTACT:

                        For information specific to this notice contact Michele Brooks, Director, Regulations Management, Rural Development Innovation Center—Regulations Management, USDA, 1400 Independence Avenue SW, STOP 1522, Room 4266, South Building, Washington, DC 20250-1522. Telephone: (202) 690-1078. Email                         *michele.brooks@usda.gov.*

# SUPPLEMENTARY INFORMATION:

The Rural Business-Cooperative Service is issuing a correction to the final rule that published December 21, 2021, at 86 FR 72151. In that rule, an inadvertent error provided an incorrect section reference in § 4274.333(b)(4)(iii). This correcting amendment provides the proper information.

# List of Subjects in 7 CFR Part 4274

      - Community development
      - Loan programs-business
      - Reporting and recordkeeping requirements
      - Rural areas

For the reasons stated in the preamble, the Rural Business-Cooperative Service corrects 7 CFR part 4274 with the following correcting amendment:

# PART 4274—DIRECT AND INSURED LOANMAKING

1. The authority citation for part 4274 continues to read as follows: 

Authority: 5 U.S.C. 301; 7 U.S.C. 1932 note; 7 U.S.C. 1989.

2. Amend § 4274.333 by revising (b)(4)(iii) to read as follows: 

§ 4274.333 

* * * * *

(b) * * *

(4) * * *

(iii) Annual proposed budget for the following year that meets the requirements of § 4274.332(b)(2); and

* * * * *

Karama Neal,

Administrator, Rural Business-Cooperative Service, U.S. Department of Agriculture.

[FR Doc. 2022-06830 Filed 3-31-22; 8:45 am]

BILLING CODE 3410-XY-P