24386 Federal Register / Vol. 87, No. 79 / Monday, April 25, 2022 / Notices 

1The remaining members are to be non-voting 

members who serve in an advisory capacity on the 

LOC. 

from www.reginfo.gov/public/do/ 

PRAMain. 

SUPPLEMENTARY INFORMATION: SBA Form 

1050, Settlement Sheet is used in SBA’s 

7(a) Loan Program to collect information 

from lenders and borrowers regarding 

the disbursement of loan proceeds. SBA 

relies on this information during the 

guaranty purchase review process as a 

component in determining whether to 

honor a loan guaranty. The current form 

includes 1050 Settlement Sheet 

instructions for the lender. The 

currently approved form primarily 

requires the lender and borrower to 

certify to whether they complied with a 

series of loan requirements. The current 

form also requires submission of 

documentation (e.g., joint payee or 

cancelled checks, invoices or paid 

receipts, and wire transfer records) in 

support of the certification. SBA has 

determined that the section for 

‘‘Authorized Use of Proceeds’’ does not 

include in the Settlement Sheet all the 

categories for’’ Use of Proceeds’’ this 

addition to the 1050 Settlement Sheet 

would enable the agency to effectively 

monitor compliance with loan 

disbursement procedures and will align 

with the ‘‘Use of Proceeds’’ categories 

for 7(a) loans. As a result, SBA is 

proposing to change both the content 

and format of the Form 1050. 

The form will be divided into several 

sections to clearly identify the 

information to be submitted. The 

revised form will continue to collect the 

same basic identifying information such 

as loan amount, loan number and 

lender’s name. In addition, the form will 

continue to require certifications from 

both the lender and borrower regarding 

compliance with the disbursement 

requirements and accuracy of 

information submitted. In the section for 

‘‘Authorized Use of Proceeds,’’ the 

revised 1050 Settlement Sheet will 

include ‘‘Land Acquisitions with or 

without improvements’’, ‘‘Leasehold 

Improvements to property owned by 

applicant or owned by others’’, ‘‘Export 

Working Capital (EWCP or Export 

Express)’’, ‘‘Support Standby Letter of 

Credit (EWCP or Export Express)’’, 

Refinance Existing (EWCP) or Export 

LOC (EWCP)’’, ‘‘Business Acquisition/ 

Change of Ownership’’, ‘‘Pay off SBA 

Loan, SID or Other Lender’’, ’’ Pay Notes 

Payable, SID or Other Lender’’, ‘‘Pay 

Accounts Payable.’’ These changes will 

allow the lender to document all the 

sources and uses of funds at the time of 

loan closing more clearly. This 

additional information will better allow 

both lenders and SBA staff to ensure 

that the necessary information is 

collected at the time of loan origination. 

Solicitation of Public Comments 

Comments may be submitted on (a) 

whether the collection of information is 

necessary for the agency to properly 

perform its functions; (b) whether the 

burden estimates are accurate; (c) 

whether there are ways to minimize the 

burden, including through the use of 

automated techniques or other forms of 

information technology; and (d) whether 

there are ways to enhance the quality, 

utility, and clarity of the information. 

OMB Control: 3245–0200. 

Title: Settlement Statement. 

Description of Respondents: SBA 

Lenders and Borrowers. 

Estimated Number of Respondents: 

52,000. 

Estimated Annual Responses: 52,000. 

Estimated Annual Hour Burden: 

14,112. 

Curtis Rich, 

Agency Clearance Officer. 

[FR Doc. 2022–08717 Filed 4–22–22; 8:45 am] 

BILLING CODE 8026–03–P 

SMALL BUSINESS ADMINISTRATION 

Delegations of Authority: Delegations 

of Authority No. 12–G (Revision 1), 

Amendment 2 

AGENCY: U.S. Small Business 

Administration. 

ACTION: Notice of amendment to 

delegations of authority. 

SUMMARY: This document provides the 

public notice of the second amendment 

to Delegations of Authority 

(Delegations), No. 12–G (Revision 1) as 

first amended by Amendment 1 which 

delegated authority for lender oversight 

and enforcement activities by the 

Administrator of the Small Business 

Administration (‘‘SBA’’ or ‘‘Agency’’) to 

the Director, Office of Credit Risk 

Management (D/OCRM), the Lender 

Oversight Committee (LOC), and the 

Associate Administrator for Office of 

Capital Access (AA/OCA). By this 

second amendment (hereinafter 

‘‘Amendment’’), the Administrator is 

revising the voting membership of the 

Agency’s LOC to ensure compliance 

with requirements set forth in statute. 

This second amendment also updates 

the provision on the LOC’s authority to 

redelegate certain enforcement actions. 

FOR FURTHER INFORMATION CONTACT: 

Bethany J. Shana, Office of Credit Risk 

Management, U.S. Small Business 

Administration, 409 3rd Street SW, 

Washington, DC 20416; telephone 

number: (202) 205–6402; and electronic 

mail: bethany.shana@sba.gov. 

SUPPLEMENTARY INFORMATION: This 

document provides the public notice of 

the second amendment to Delegations of 

Authority No. 12–G (Revision 1) (79 FR 

56842, September 23, 2014) with respect 

to SBA’s lender oversight and 

enforcement activities. Specifically, this 

Amendment revises the voting members 

in the Agency’s Lender Oversight 

Committee (LOC). 

Section 48(b) of the Small Business 

Act (15 U.S.C. 657u(b)) governs LOC 

membership. This section provides that 

the LOC consists of at least eight 

members. Three members of the LOC 

are to be voting members; two of whom 

must be career appointees in the Senior 

Executive Service.1 By amendment 

dated September 26, 2018 (83 FR 

48681), SBA designated the following 

employees as the voting members of the 

LOC: (i) The Chief Financial Officer, a 

Senior Executive Service career 

appointee; (ii) the Associate 

Administrator for Capital Access, a 

Senior Executive Service non-career 

appointee; and (iii) the Associate 

Administrator for Disaster Assistance, a 

Senior Executive Service career 

appointee. The Chief Financial Officer 

also served as the LOC Chairperson. 83 

FR 48681. 

In January of 2022, SBA appointed a 

non-career member of the Senior 

Executive Service to the Associate 

Administrator for Office of Disaster 

Assistance (AA/ODA) position. 

Accordingly, SBA is amending the 

voting membership of the LOC to ensure 

compliance with the position 

requirements contained in 15 U.S.C. 

657u. Effective with this Amendment, 

the following SBA employees are 

designated as the voting members of the 

LOC: (i) The Chief Financial Officer, a 

Senior Executive Service career 

appointee; (ii) the Associate 

Administrator for OCA, a Senior 

Executive Service non-career appointee; 

and (iii) the Deputy Associate 

Administrator for the Office of 

Investment and Innovation (DAA/OII), a 

Senior Executive Service career 

appointee. The Chief Financial Officer 

will continue to serve as the LOC 

Chairperson. Additionally, the LOC 

non-voting advisory membership will 

remain the same. 

Delegations of Authority No. 12–G 

(Delegations) also provides for 

redelegation of the LOC’s authority to 

approve enforcement actions. 

Specifically, paragraph IV of the 

Delegations states that the LOC may 

redelegate to the D/OCRM or a 


khammond on DSKJM1Z7X2PROD with NOTICES
Federal Register / Vol. 87, No. 79 / Monday, April 25, 2022 / Notices 24387 

1Persons interested in submitting an OFA must 

first file a formal expression of intent to file an 

offer, indicating the type of financial assistance they 

wish to provide (i.e., subsidy or purchase) and 

demonstrating that they are preliminarily 

financially responsible. See 49 CFR 1152.27(c)(2)(i). 

2The Board will grant a stay if an informed 

decision on environmental issues (whether raised 

by a party or by the Board’s Office of Environmental 

Analysis (OEA) in its independent investigation) 

cannot be made before the exemption’s effective 

date. See Exemption of Out-of-Serv. Rail Lines, 5 

I.C.C.2d 377 (1989). Any request for a stay should 

be filed as soon as possible so that the Board may 

take appropriate action before the exemption’s 

effective date. 

3Filing fees for OFAs and trail use requests can 

be found at 49 CFR 1002.2(f)(25) and (27), 

respectively. 

subcommittee the authority to approve, 

disapprove, or modify certain 

enforcement actions and lists, by way of 

example, Agreement, or Memorandum 

of Understanding (MOU). Subsequent to 

SBA publishing these examples in 2014, 

SBA updated 13 CFR 120.1500 on types 

of formal enforcement actions. 

Therefore, SBA is replacing Agreement 

or MOU to cite instead imposition of 

portfolio guaranty dollar limit, a type of 

formal enforcement action under 13 

CFR 120.1500. 

This Amendment replaces sections 

I.B.6. and IV of the Delegations in its 

entirety, which cover LOC membership, 

voting, and redelegations, as set forth 

below. All other sections of the 

Delegations are unchanged and continue 

in effect. 

Delegations of Authority No. 12–G 

(Revision 1) is amended by revising 

sections I.B.6. and IV to read as follows: 

B. To the Lender Oversight 

Committee: 

* * * * * 

6. The Lender Oversight Committee 

will consist of SBA’s: (i) Chief Financial 

Officer (CFO) (Chairperson and voting 

member); (ii) AA/OCA (voting member); 

(iii) DAA/OII (voting member); (iv) D/ 

OCRM (non-voting, recommending 

advisory member); (v) Director, Office of 

Financial Assistance (non-voting 

advisory member); (vi) Director, Office 

of Financial Program Operations (nonvoting advisory member); (vii) Associate 

Administrator, Office of Field 

Operations (non-voting advisory 

member); and (viii) General Counsel 

(non-voting advisory member). 

* * * * * 

IV. Other than the authority delegated 

to the Lender Oversight Committee in 

Paragraph I.B.2.b. (enforcement actions), 

the authorities delegated herein to the 

Lender Oversight Committee may not be 

redelegated. With regard to the authority 

delegated in Paragraph I.B.2.b., the 

Lender Oversight Committee may 

redelegate authority to the D/OCRM or 

a subcommittee to approve, disapprove, 

or modify certain enforcement actions 

(e.g., imposition of portfolio guaranty 

dollar limit). 

* * * * * 

Authority: 5 U.S.C. 302; 5 U.S.C. 

552(a)(1)(A); 15 U.S.C. 631 note; 15 

U.S.C. 634; 15 U.S.C. 636; 15 U.S.C. 642; 

15 U.S.C. 650; 15 U.S.C. 657t and 657u; 

15 U.S.C. 697d, 697e, and 697g; 2 CFR. 

2700 et. seq; and 13 CFR. 120.10, 

120.802 and Subpart I. 

Isabella Casillas Guzman, 

Administrator. 

[FR Doc. 2022–08692 Filed 4–22–22; 8:45 am] 

BILLING CODE 8026–03–P 

DEPARTMENT OF STATE 

[Public Notice: 11717] 

Determination Under Section 506(a)(1) 

of the Foreign Assistance Act of 1961 

To Provide Military Assistance to 

Ukraine 

Pursuant to the authority vested in me 

by section 506(a)(1) of the Foreign 

Assistance Act of 1961 (the ‘‘Act’’) (22 

U.S.C. 2318(a)(1)), and Presidential 

Delegation of Authority dated April 13, 

2022 I hereby determine that an 

unforeseen emergency exists which 

requires immediate military assistance 

to Ukraine. I further determine that the 

emergency requirement cannot be met 

under the authority of the Arms Export 

Control Act or any other provision of 

law. 

I, therefore, pursuant to authority 

delegated to me by the President, direct 

the drawdown of up to $800 million in 

defense articles and services of the 

Department of Defense, and military 

education and training, under the 

authority of section 506(a)(1) of the Act 

to provide assistance to Ukraine. The 

Department of State will coordinate 

implementation of this drawdown. 

This determination shall be reported 

to the Congress and published in the 

Federal Register. 

Dated: April 13, 2022. 

Antony J. Blinken, 

Secretary of State. 

[FR Doc. 2022–08769 Filed 4–22–22; 8:45 am] 

BILLING CODE 4710–25–P 

SURFACE TRANSPORTATION BOARD 

[Docket No. AB 1315X] 

New England Central Railroad, Inc.— 

Abandonment Exemption—in Franklin 

County, Vt. 

New England Central Railroad, Inc. 

(NECR), has filed a verified notice of 

exemption under 49 CFR part 1152 

subpart F—Exempt Abandonments to 

abandon a line of railroad between 

approximately milepost 0.436 (Railroad 

Station 23+03) at the south side of 

Lower Newton Road and milepost 0.60 

(Railroad Station 31+68) in St. Albans, 

Franklin County, Vt. (the Line). There 

are no stations on the Line. The Line 

traverses U.S. Postal Service Zip Code 

05478. 

NECR has certified that: (1) No local 

traffic has moved over the Line since 

approximately 2005; (2) because the 

Line is not a through line, there is no 

overhead traffic on the Line that would 

need to be rerouted; (3) no formal 

complaint filed by a user of rail service 

on the Line (or by a state or local 

government entity acting on behalf of 

such user) regarding cessation of service 

over the Line either is pending with the 

Surface Transportation Board (Board) or 

with any U.S. District Court or has been 

decided in favor of a complainant 

within the two-year period; and (4) the 

requirements at 49 CFR 1105.7(b) and 

1105.8(c) (notice of environmental and 

historic reports), 49 CFR 1105.12 

(newspaper publication), and 49 CFR 

1152.50(d)(1) (notice to governmental 

agencies) have been met. 

As a condition to this exemption, any 

employee adversely affected by the 

abandonment shall be protected under 

Oregon Short Line Railroad— 

Abandonment Portion Goshen Branch 

Between Firth & Ammon, in Bingham & 

Bonneville Counties, Idaho, 360 I.C.C. 

91 (1979). To address whether this 

condition adequately protects affected 

employees, a petition for partial 

revocation under 49 U.S.C. 10502(d) 

must be filed. 

Provided no formal expression of 

intent to file an offer of financial 

assistance (OFA) has been received,1

this exemption will be effective on May 

25, 2022, unless stayed pending 

reconsideration. Petitions to stay that do 

not involve environmental issues,2

formal expressions of intent to file an 

OFA under 49 CFR 1152.27(c)(2), and 

interim trail use/rail banking requests 

under 49 CFR 1152.29 must be filed by 

May 5, 2022.3 Petitions to reopen or 

requests for public use conditions under 

49 CFR 1152.28 must be filed by May 

16, 2022. 

All pleadings, referring to Docket No. 

AB 1315X, must be filed with the 

Surface Transportation Board either via 

e-filing on the Board’s website or in 

writing addressed to 395 E Street SW, 

Washington, DC 20423–0001. In 

addition, a copy of each pleading must 

be served on NECR’s representative, Eric 

M. Hocky, Clark Hill, PLC, Two 

Commerce Square, 2001 Market Street, 

Suite 2620, Philadelphia, PA 19103. 


khammond on DSKJM1Z7X2PROD with NOTICES