Business and Industry Guaranteed Loan Program-Domestic Lamb Industry Adjustment Assistance Program Set Aside
rural-development · Rural Utilities Service · Rule · Published 2000-10-30 · Effective 2000-10-30 · 65 FR 64596
Document
Document number
00-27788
Federal Register citation
65 FR 64596
CFR reference
7 CFR 4279
Type
Rule
Action
Interim final rule with request for comments.
Category
rural-development
Sub-agency
Rural Utilities Service
Publication date
2000-10-30
Effective date
2000-10-30
Abstract
The Rural Business-Cooperative Service (RBS) is amending its regulation for Business and Industry Loans, as part of a U.S. Department of Agriculture (USDA) initiative to assist the ailing domestic lamb industry, to establish a 3-year set aside of a portion of its Business and Industry (B&I) Guaranteed Loan Program funds to finance real estate purchases and improvements, working capital, debt refinancing, and equipment in domestic lamb packing and processing plants. The intended effect of this rule is to enhance the lamb industry's ability to compete in the marketplace.