This section of the FEDERAL REGISTER

contains regulatory documents having general

applicability and legal effect, most of which

are keyed to and codified in the Code of

Federal Regulations, which is published under

50 titles pursuant to 44 U.S.C. 1510.

The Code of Federal Regulations is sold by

the Superintendent of Documents. Prices of

new books are listed in the first FEDERAL

REGISTER issue of each week.

Rules and Regulations Federal Register

29589 

Vol. 74, No. 119 

Tuesday, June 23, 2009 

SMALL BUSINESS ADMINISTRATION 

13 CFR Part 120 

RIN 3245–AF91 

American Recovery and Reinvestment 

Act: 504 Loan Program Debt 

Refinancing 

AGENCY: U.S. Small Business 

Administration. 

ACTION: Interim final rule with request 

for comments. 

SUMMARY: This interim final rule 

implements section 504 of the American 

Recovery and Reinvestment Act of 2009 

(Recovery Act), which authorizes 

projects approved for financing under 

Title V of the Small Business 

Investment Act to include a limited 

amount of debt refinancing if the project 

involves the expansion of a small 

business concern and meets certain 

other conditions. This interim final rule 

makes the existing 504 Loan Program 

rules consistent with section 504 of the 

Recovery Act. 

DATES: Effective Date: This rule is 

effective June 23, 2009. 

Comment Date: Comments must be 

received on or before July 23, 2009. 

ADDRESSES: You may submit comments, 

identified by RIN 3245–AF91 by any of 

the following methods: 

• Federal eRulemaking Portal: http:// 

www.regulations.gov. Follow the 

instructions for submitting comments. 

• Mail: Andrew B. McConnell Jr., 

Small Business Administration, Office 

of Financial Assistance, 409 Third 

Street, SW., 8th Floor, Washington, DC 

20416. 

• Hand Delivery/Courier: Andrew B. 

McConnell Jr., Small Business 

Administration, Office of Financial 

Assistance, 409 Third Street, SW., 8th 

Floor, Washington, DC 20416. 

SBA will post all comments on 

http://www.regulations.gov. 

If you wish to submit confidential 

business information (CBI) as defined in 

the User Notice at http:// 

www.regulations.gov, please submit the 

information to Kelly Wilcox, Office of 

Performance Management, 409 Third 

Street, SW., 6th Floor, Washington, DC 

20416, or send an e-mail to Andrew B. 

McConnell, Jr. at 

recoveryact504debtrefi@sba.gov. 

Highlight the information that you 

consider to be CBI and explain why you 

believe SBA should hold this 

information as confidential. SBA will 

review the information and make the 

final determination whether it will 

publish the information. 

FOR FURTHER INFORMATION CONTACT: 

Andrew B. McConnell, Jr. at 

recoveryact504debtrefi@sba.gov or 

202–205–7238. 

SUPPLEMENTARY INFORMATION: 

I. Background Information 

The American Recovery and 

Reinvestment Act of 2009, Public Law 

111–05, 123 Stat. 115 was enacted on 

February 17, 2009, to among other 

things, promote economic recovery by 

preserving and creating jobs, and 

assisting those most impacted by the 

severe economic conditions facing the 

nation. The U.S. Small Business 

Administration is one of several 

agencies that are intended to play a role 

in achieving these goals. The SBA 

received funding and authority through 

the Recovery Act to modify existing 

loan programs or establish new loan 

programs to help re-invigorate small 

business lending. 

One of the provisions included in the 

Recovery Act provided new, permanent 

authority for refinancing community 

development loans under the 504 

program. As amended by the Recovery 

Act, section 502(7)(A) of the Small 

Business Investment Act of 1958 (SBIA) 

allows financing approved for a 504 

loan to include a limited amount of 

qualified debt refinancing, and section 

502(7)(B) of the SBIA provides that the 

limited amount of qualified refinancing 

may not exceed 50 percent of the project 

cost of the expansion of a small business 

concern. As the 504 program is intended 

to assist the small business concern in 

expanding its business, this interim 

final rule broadly defines the phrase 

‘‘project involves expansion of a small 

business concern’’ to include any 

project that involves the acquisition, 

construction or improvement of land, 

building or equipment for use by the 

small business concern. Section 

502(7)(B) also sets forth certain 

conditions that a project must meet in 

order to be eligible for debt refinancing, 

and these conditions are included in 

this interim final rule with some 

additional definitions. 

In addition, to protect the integrity of 

the 504 program and to minimize the 

risk to SBA of this new refinancing 

authority, SBA is amending the 

regulations to provide that certain loans 

cannot be approved under the authority 

delegated to Certified Development 

Companies (CDCs) under the Premier 

Certified Lenders Program (PCLP), if the 

applications include: (1) Waiving the 

requirement set forth in new section 

120.882(e)(2) that the collateral securing 

refinanced debt must also secure the 

504 loan; (2) approving a good cause 

exception to the general requirement set 

forth in the new section 120.882(e)(5) 

that there be at least a 10 percent 

reduction in the installment amount 

attributable to the debt being refinanced; 

and (3) refinancing loans held by the 

same CDC, the Third Party Lender 

financing the new project, or affiliates of 

either. 

The debt refinancing authorized by 

the Recovery Act is available for loan 

applications received by SBA on or after 

the effective date of this rulemaking. 

Applications received or loans approved 

prior to that date may be modified to 

include debt refinancing provided that 

the related debenture has not been 

funded. 

II. Section-by-Section Analysis 

Section 120.882. SBA adds new 

paragraphs (e) and (f) to 120.882 to 

implement the new authority for 

refinancing existing eligible debt under 

the 504 loan program. These new 

provisions set forth the terms and 

conditions under which refinancing will 

be permitted in the 504 program, and 

define the phrase ‘‘project involves 

expansion of a small business concern’’ 

to include any project that involves the 

acquisition, construction or 

improvement of land, building or 

equipment for use by the small business 

concern. 

Section 120.884. SBA amends 

§ 120.884(a) to provide an exception to 

the general prohibition against using 

proceeds of the 504 loan for debt 

refinancing. In addition, current 

29590 Federal Register / Vol. 74, No. 119 / Tuesday, June 23, 2009 / Rules and Regulations 

paragraphs (b) and (c) will be 

redesignated as (c) and (d), respectively, 

and a new paragraph (b) will be added 

to provide that a CDC may not use 504 

loan proceeds to pay any creditor in a 

position to sustain a loss causing a shift 

to SBA of all or part of a potential loss 

from an existing debt. 

III. Justification for Publication as 

Interim Final Rule 

In general, before issuing a final rule, 

SBA publishes the rule for public 

comment in accordance with the 

Administrative Procedure Act (APA), 5 

U.S.C. 553. The APA provides an 

exception from the general rule where 

the agency finds good cause to omit 

public participation. 5 U.S.C. 

553(c)(3)(B). The good cause 

requirement is satisfied when prior 

public participation can be shown to be 

impracticable, unnecessary, or contrary 

to the public interest. Under such 

circumstances, an agency may publish 

an interim final rule without soliciting 

public comment. 

In enacting the good cause exception 

to standard rulemaking procedures, 

Congress recognized that emergency 

situations arise where an agency must 

issue a rule without public 

participation. The current turmoil in the 

financial markets is having a negative 

impact on the availability of financing 

for small businesses. SBA finds that 

good cause exists to publish this rule as 

an interim final rule in light of the 

urgent need to help small businesses 

sustain and survive during this 

economic downturn. This new 

refinancing authority will offer a 

significant opportunity for expanding 

businesses, allowing them to restructure 

existing debt into new 504 guaranteed 

loans that will expand their businesses 

and create jobs. It also has the potential 

to quickly free up critical capital for 

small business owners across the 

country, allowing them to continue to 

expand and stimulate the economy. 

This rule also amends the existing rules 

to make them consistent with section 

504 of the Recovery Act, which was 

enacted and took effect on February 17, 

2009. Advance solicitation of comments 

for this rulemaking would be 

unnecessary, impracticable, contrary to 

the public interest, and would harm 

those small businesses that need 

immediate access to capital. 

Although this rule is being published 

as an interim final rule, comments are 

solicited from interested members of the 

public. These comments must be 

submitted on or before July 23, 2009. 

The SBA will consider these comments 

and the need for making any 

amendments as a result of these 

comments. 

IV. Justification for Immediate Effective 

Date 

The APA requires that ‘‘publication or 

service of a substantive rule shall be 

made not less than 30 days before its 

effective date, except * * * as 

otherwise provided by the agency for 

good cause found and published with 

the rule.’’ 5 U.S.C. 553(d)(3). The 

purpose of this provision is to provide 

interested and affected members of the 

public sufficient time to adjust their 

behavior before the rule takes effect. As 

this rule is implementing new authority 

and is expanding the 504 program’s 

current requirements, there is no need 

for the public to adjust its behavior 

before the rule takes effect. SBA 

therefore finds that there is good cause 

for making this rule effective 

immediately instead of observing the 

30-day period between publication and 

effective date. 

Compliance With Executive Orders 

12866, 12988, 13175 and 13132, the 

Paperwork Reduction Act (44 U.S.C., 

Ch. 35), and the Regulatory Flexibility 

Act (5 U.S.C. 601–612). 

Executive Order 12866 

The Office of Management and Budget 

(OMB) has determined that this rule 

constitutes a significant regulatory 

action for purposes of Executive Order 

12866. 

Executive Order 12988 

This action meets applicable 

standards set forth in sections 3(a) and 

3(b)(2) of Executive Order 12988, Civil 

Justice Reform, to minimize litigation, 

eliminate ambiguity, and reduce 

burden. The action does not have 

preemptive effect, and has retroactive 

effect only to the extent that the new 

debt refinancing authority will be made 

available to loan applications received, 

or loans approved, prior to the effective 

date of this rulemaking provided that 

the related debenture has not been 

funded. 

Executive Order 13132 

This rule does not have federalism 

implications as defined in Executive 

Order 13132. It will not have substantial 

direct effects on the States, on the 

relationship between the national 

government and the States, or on the 

distribution of power and 

responsibilities among the various 

levels of government, as specified in the 

Executive Order. As such it does not 

warrant the preparation of a Federalism 

Assessment. 

Paperwork Reduction Act 

The SBA has determined that this rule 

imposes additional reporting and 

recordkeeping requirements under the 

Paperwork Reduction Act, 44 U.S.C. 

Chapter 35. In order to make debt 

refinancing available as quickly as 

possible to assist those most impacted 

by the severe economic conditions 

facing the Nation, the agency has 

submitted three amended information 

collections to Office of Management and 

Budget (OMB) for review and approval 

under the emergency processing 

procedures in 5 CFR 1320.13. 

Respondents will be required to collect 

and provide to SBA certain information 

to support an application for debt 

refinancing under the section 504 loan 

program. This information is necessary 

to determine whether the application 

satisfies the conditions set forth in the 

Recovery Act and the implementing 

regulations and policies. The 

respondents also will be required to 

note on a closing document the amount 

approved for refinancing under the new 

regulations. The title, description and 

number of respondents, estimated 

annual cost and hour burdens imposed 

on the respondents, as a result of this 

collection of information, are outlined 

below. 

I. Title: Application for Section 504 

Loan (SBA Form 1244). 

OMB Control Number: 3245–0071. 

Description and Estimated Number of 

Respondents: This information 

collection will be submitted by the 

small businesses seeking to obtain 

financing, including the debt 

refinancing loans available as a result of 

the Recovery Act. SBA estimates a total 

of 9,100 small businesses will use this 

information collection. 

Estimated Number of Responses: SBA 

estimates one application per small 

business concern; therefore this 

estimated total is also 9,100. 

Estimated Time per Response: For 

applications submitted through the 

Abridged Standard Method, the current 

estimate is 2.08 hours per response; and 

for non-Abridged Standard method, 2.25 

hours. As a result of the additional 

underwriting burden for the debt 

refinancing option SBA estimates these 

burdens to increase to 2.25 and 2.45 

hours respectively. 

Total Estimated Hour Burden: 21,210. 

II. Title: Eligibility Information 

Required for PCLP Submission (SBA 

Form 2234C). 

OMB Control Number: 3245–0346. 

Description and Estimated Number of 

Respondents: Lenders in the Certified 

Development Company (CDC) Program 

(also referred to as the 504 Loan 

Federal Register / Vol. 74, No. 119 / Tuesday, June 23, 2009 / Rules and Regulations 29591 

Program). There are currently 27 of 

these lenders. 

Estimated Number of Responses: 

1700. 

Estimated Time per Response: The 

current estimated burden is 40 minutes 

per response. As a result of the Recovery 

Act, the Agency estimates this burden to 

increase to 55 minutes. 

Total Estimated Annual Hour Burden: 

1275 hours. 

III. Title: Servicing Agent Agreement 

(SBA Form 1506). 

OMB Control Number: 3245–0193. 

Description and Estimated Number of 

Respondents: This information is 

provided by the borrower, and Certified 

Development Company. Based on 

historical use of this form, SBA 

estimates 8,779 respondents annually. 

Estimated Number of Responses: 

8,403. 

Estimated Time per Response: 1 hour 

based on current burden response rate; 

only de minis increase is expected as a 

result of the Recovery Act changes, 

since they require little or no additional 

effort from lenders. 

Total Estimated Annual Hour Burden: 

8,403. 

SBA invites comments on: (1) 

Whether the proposed collection of 

information is necessary for the proper 

performance of SBA’s functions, 

including whether the information will 

have a practical utility; (2) the accuracy 

of SBA’s estimate of the burden of the 

proposed collections of information; (3) 

ways to enhance the quality, utility, and 

clarity of the information to be 

collected; and (4) ways to minimize the 

burden of the collection of information 

on respondents, including through the 

use of automated collection techniques, 

when appropriate, and other forms of 

information technology. 

Please send comments by the closing 

date for comment for this interim final 

rule to SBA Desk Officer, Office of 

Management and Budget, Office of 

Information and Regulatory Affairs, 725 

17th Street, NW., Washington, DC 20503 

and to Andrew B. McConnell Jr., Small 

Business Administration, Office of 

Financial Assistance, 409 Third Street, 

SW., 8th Floor, Washington, DC 20416. 

If SBA receives approval for its 

emergency approval request, it will be 

followed by a request for clearance 

under normal procedures in accordance 

with 5 CFR 1320.10. Any comments 

received will be addressed at that time. 

Regulatory Flexibility Act 

Because this rule is an interim final 

rule, there is no requirement for SBA to 

prepare a Regulatory Flexibility Act 

(RFA) analysis. The RFA requires 

administrative agencies to consider the 

effect of their actions on small entities, 

small non-profit businesses, and small 

local governments. Pursuant to the RFA, 

when an agency issues a rule, the 

agency must prepare analysis that 

describes whether the impact of the rule 

will have a significant economic impact 

on a substantial number of small 

entities. However, the RFA requires 

such analysis only where notice and 

comment rulemaking is required. 

List of Subjects in 13 CFR Part 120 

Loan programs—business, Small 

businesses. 

■ For the reasons stated in the preamble, 

SBA amends 13 CFR part 120 as 

follows: 

PART 120—BUSINESS LOANS 

■ 1. The authority for 13 CFR part 120 

is revised to read as follows: 

Authority: 15 U.S.C. 634(b) (6), (b) (7), (b) 

(14), (h), and note, 636(a), (h) and (m), 650, 

687(f), 696(3), and 697(a) and (e); Public Law 

111–5, 123 Stat. 115. 

■ 2. Amend § 120.882 by adding new 

paragraphs (e) and (f) to read as follows: 

§ 120.882 Eligible Project costs for 504 

loans. 

* * * * * 

(e) If the project involves expansion of 

a small business concern, any amount of 

existing indebtedness that does not 

exceed 50 percent of the project cost of 

the expansion may be refinanced and 

added to the expansion cost if: 

(1) The proceeds of the indebtedness 

were used to acquire land, including a 

building situated thereon, to construct a 

building thereon, or to purchase 

equipment. The assets acquired must be 

eligible for financing under the 504 loan 

program; 

(2) The existing indebtedness is 

collateralized by fixed assets. The 504 

eligible fixed assets collateralizing any 

debt to be refinanced or relating to the 

portion of debt being refinanced in the 

case of a partial refinance must also 

collateralize the 504 Loan unless SBA 

approves a waiver due to extraordinary 

circumstances. PCLP CDCs may not use 

their delegated authority to approve a 

loan requiring this waiver; 

(3) The existing indebtedness was 

incurred for the benefit of the small 

business concern for which any new 

Project costs are incurred. Existing 7(a) 

and 504 loans may be refinanced under 

this section in accordance with SBA 

policies or procedures; 

(4) The financing will be used only for 

refinancing existing indebtedness or 

costs relating to the project financed; 

(5) The financing will provide a 

substantial benefit to the borrower when 

prepayment penalties, financing fees, 

and other financing costs are accounted 

for. For purposes of this paragraph, 

‘‘substantial benefit’’ means that the 

portion of the new installment amount 

attributable to the debt being refinanced 

must be at least 10 percent less than the 

existing installment amount(s). 

Prepayment penalties, financing fees, 

and other financing costs must also be 

added to the amount being refinanced in 

calculating the percentage reduction in 

the new installment payment. 

Exceptions to the 10% reduction 

requirement may be approved by the D/ 

FA or designee for good cause. PCLP 

CDCs may not use their delegated 

authority to approve a loan requiring 

this exception; 

(6) The borrower has been current on 

all payments due on the existing debt 

for not less than 1 year preceding the 

date of refinancing. For purposes of this 

section, ‘‘date of refinancing’’ refers to 

the date the 504 loan is approved by 

SBA. Any unremedied delinquency 

after approval must be reported to SBA 

as an adverse change; 

(7) The financing under section 504 

will provide better terms or rate of 

interest than the existing indebtedness 

on the date of refinancing. For purposes 

of this paragraph, ‘‘better terms or rate 

of interest’’ may include longer maturity 

(but always commensurate with the 

assets’ useful life), a lower interest rate 

committed on the Third Party Lender 

Loan or projected on the 504 loan, 

improved collateral conditions, or less 

restrictive loan covenants. 

(8) The authority to approve the 

refinancing of same institution debt 

must be approved by SBA and is not 

delegated to the PCLP CDCs. For the 

purposes of this paragraph, ‘‘same 

institution debt’’ means any debt of the 

CDC or the Third Party Lender financing 

the new project, or of affiliates of either. 

(f) For the purposes of paragraph (e), 

the phrase ‘‘project involves expansion 

of a small business concern’’ includes 

any project that involves the 

acquisition, construction or 

improvement of land, building or 

equipment for use by the small business 

concern. 

■ 3. Amend § 120.884 as follows: 

■ a. Revise paragraph (a); 

■ b. Redesignate paragraphs (b) through 

(d) as (c) through (e) respectively; and 

■ c. Add new paragraph (b). 

§ 120.884 Ineligible costs for 504 loans. 

* * * * * 

(a) Debt refinancing (other than 

interim financing), except as provided 

in § 120.882(e). 

29592 Federal Register / Vol. 74, No. 119 / Tuesday, June 23, 2009 / Rules and Regulations 

(b) A CDC may not use 504 loan 

proceeds to pay any creditor in a 

position to sustain a loss causing a shift 

to SBA of all or part of a potential loss 

from an existing debt. 

* * * * * 

Dated: June 19, 2009. 

Karen G. Mills, 

Administrator. 

[FR Doc. E9–14886 Filed 6–22–09; 8:45 am] 

BILLING CODE 8025–01–P 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

14 CFR Part 33 

[Docket No. NE129; Special Conditions No. 

33–007–SCI] 

Special Conditions: General Electric 

Company GEnx–2B Model Turbofan 

Engines 

AGENCY: Federal Aviation 

Administration (FAA), DOT. 

ACTION: Final special conditions; 

correction. 

SUMMARY: This document makes a 

correction to final special conditions, 

NE129, 33–007–SC, applicable to 

General Electric Company (GE) GEnx– 

2B67 and GEnx–2B69 model turbofan 

engines that was published in the 

Federal Register on April 24, 2009 (74 

FR 18624). Two typographical errors 

occurred under the Background section 

and one typographical error under The 

Special Conditions section. This 

document corrects these errors. In all 

other respects, the original document 

remains the same. 

DATES: The effective date of these 

special conditions is June 23, 2009. 

SUPPLEMENTARY INFORMATION: 

Background 

A final special conditions applicable 

to the General Electric Company (GE) 

was published in the Federal Register 

on April 24, 2009 (74 FR 18624). The 

following corrections are needed: 

On page 18625, in the left column in 

the Background, first paragraph, 7th 

line, the model ‘‘GEnx–B54’’ should be 

changed to ‘‘GEnx–1B54’’. 

On page 18625, in the left column in 

the Background, 4th paragraph, 2nd 

line, the model ‘‘GE90–11SB’’ should be 

changed to ‘‘GE90–115B’’. On page 

18626, center column in The Special 

Conditions, paragraph (e), 10th line, the 

term ‘‘10 per’’ should be changed to 

‘‘10¥9 per’’. 

Issued in Burlington, Massachusetts, on 

June 12, 2009. 

Peter A. White, 

Acting Manager, Engine and Propeller 

Directorate, Aircraft Certification Service. 

[FR Doc. E9–14618 Filed 6–22–09; 8:45 am] 

BILLING CODE 4910–13–M 

DEPARTMENT OF TRANSPORTATION 

14 CFR Part 97 

[Docket No. 30673; Amdt. No. 3327] 

Standard Instrument Approach 

Procedures, and Takeoff Minimums 

and Obstacle Departure Procedures; 

Miscellaneous Amendments 

AGENCY: Federal Aviation 

Administration (FAA), DOT. 

ACTION: Final rule. 

SUMMARY: This rule establishes, amends, 

suspends, or revokes Standard 

Instrument Approach Procedures 

(SIAPs) and associated Takeoff 

Minimums and Obstacle Departure 

Procedures for operations at certain 

airports. These regulatory actions are 

needed because of the adoption of new 

or revised criteria, or because of changes 

occurring in the National Airspace 

System, such as the commissioning of 

new navigational facilities, adding new 

obstacles, or changing air traffic 

requirements. These changes are 

designed to provide safe and efficient 

use of the navigable airspace and to 

promote safe flight operations under 

instrument flight rules at the affected 

airports. 

DATES: This rule is effective June 23, 

2009. The compliance date for each 

SIAP, associated Takeoff Minimums, 

and ODP is specified in the amendatory 

provisions. 

The incorporation by reference of 

certain publications listed in the 

regulations is approved by the Director 

of the Federal Register as of June 23, 

2009. 

ADDRESSES: Availability of matter 

incorporated by reference in the 

amendment is as follows: 

For Examination— 

1. FAA Rules Docket, FAA 

Headquarters Building, 800 

Independence Avenue, SW., 

Washington, DC 20591; 

2. The FAA Regional Office of the 

region in which the affected airport is 

located; 

3. The National Flight Procedures 

Office, 6500 South MacArthur Blvd., 

Oklahoma City, OK 73169 or 

4. The National Archives and Records 

Administration (NARA). For 

information on the availability of this 

material at NARA, call 202–741–6030, 

or go to: http://www.archives.gov/

federal_register/code_of_federal_

regulations/ibr_locations.html. 

Availability—All SIAPs are available 

online free of charge. Visit nfdc.faa.gov 

to register. Additionally, individual 

SIAP and Takeoff Minimums and ODP 

copies may be obtained from: 

1. FAA Public Inquiry Center (APA– 

200), FAA Headquarters Building, 800 

Independence Avenue, SW., 

Washington, DC 20591; or 

2. The FAA Regional Office of the 

region in which the affected airport is 

located. 

FOR FURTHER INFORMATION CONTACT: 

Harry J. Hodges, Flight Procedure 

Standards Branch (AFS–420) Flight 

Technologies and Programs Division, 

Flight Standards Service, Federal 

Aviation Administration, Mike 

Monroney Aeronautical Center, 6500 

South MacArthur Blvd., Oklahoma City, 

OK 73169 (Mail Address: P.O. Box 

25082, Oklahoma City, OK 73125) 

telephone: (405) 954–4164. 

SUPPLEMENTARY INFORMATION: This rule 

amends Title 14, Code of Federal 

Regulations, Part 97 (14 CFR part 97) by 

amending the referenced SIAPs. The 

complete regulatory description of each 

SIAP is listed on the appropriate FAA 

Form 8260, as modified by the National 

Flight Data Center (FDC)/Permanent 

Notice to Airmen (P–NOTAM), and is 

incorporated by reference in the 

amendment under 5 U.S.C. 552(a), 1 

CFR part 51, and § 97.20 of Title 14 of 

the Code of Federal Regulations. 

The large number of SIAPs, their 

complex nature, and the need for a 

special format make their verbatim 

publication in the Federal Register 

expensive and impractical. Further, 

airmen do not use the regulatory text of 

the SIAPs, but refer to their graphic 

depiction on charts printed by 

publishers of aeronautical materials. 

Thus, the advantages of incorporation 

by reference are realized and 

publication of the complete description 

of each SIAP contained in FAA form 

documents is unnecessary. This 

amendment provides the affected CFR 

sections and specifies the types of SIAP 

and the corresponding effective dates. 

This amendment also identifies the 

airport and its location, the procedure 

and the amendment number. 

The Rule 

This amendment to 14 CFR part 97 is 

effective upon publication of each 

separate SIAP as amended in the 

transmittal. For safety and timeliness of 

change considerations, this amendment