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Express Loan Programs; Affiliation Standards-Rescission

SBA · final-rule · Published 2020-12-14 · Effective 2020-03-27 · 85 FR 80581

Document

Document number
2020-26450
Federal Register citation
85 FR 80581
CFR reference
13 CFR 103
Type
Rule
Action
Final rule; rescission.
Category
final-rule
Agency
US Small Business Administration
Publication date
2020-12-14
Effective date
2020-03-27

Abstract

The Small Business Administration (SBA) is publishing this rule to rescind the regulations published on February 10, 2020, in the interim final rule (IFR) titled, "Express Loan Programs; Affiliation Standards" (Express IFR). This action is necessary to implement section 1102 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which permanently rescinded the interim final rule effective March 27, 2020. As a result of the rescission, SBA is removing the amended regulations added by the Express IFR and reinstating the regulations that were in effect before the rule became effective on March 11, 2020.

Source

Authoritative
Federal Register document
Machine
JSON-LD · Markdown