Loan Guaranty, Insurance, and Interest Subsidy; Correction
other · US Department of the Interior · Published 2002-10-15 · 67 FR 63543
Document
Document number
02-26163
Federal Register citation
67 FR 63543
CFR reference
25 CFR 103
Type
Rule
Action
Final rule; correction.
Category
other
Sub-agency
US Department of the Interior
Publication date
2002-10-15
Abstract
The Office of Economic Development, Bureau of Indian Affairs published a final rule in the Federal Register of January 17, 2001. We are amending this rule to correct wording on how BIA calculates interest subsidy payments in the Loan Guaranty, Insurance and Interest Subsidy Program. The current wording is inaccurate and potentially misleading. This change will make clear that BIA retains the flexibility to recover administrative costs in establishing an interest rate.