[Federal Register Volume 77, Number 52 (Friday, March 16, 2012)]
[Notices]
[Pages 15845-15846]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-6412]


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DEPARTMENT OF THE TREASURY


State Small Business Credit Initiative (SSBCI) National Standards 
For Compliance

AGENCY: Department of the Treasury.

ACTION: Notice of Document Availability.

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SUMMARY: This Notice announces the availability of ``SSBCI National 
Standards: Compliance and Oversight for Participating States''.

DATES: Effective Date: May 15, 2012

ADDRESSES: Copies of the document are available at the SSBCI Web site 
at www.treasury.gov/ssbci.

FOR FURTHER INFORMATION CONTACT: Requests for additional information 
should be directed to Deputy Director, SSBCI, Department of the 
Treasury, 1500 Pennsylvania Avenue NW., Washington, DC 20220.

SUPPLEMENTARY INFORMATION: The ``SSBCI National Standards: Compliance 
and Oversight for Participating States'' are applicable to all states, 
territories, the District of Columbia, and municipalities that were 
approved by Treasury to participate in the SSBCI (``Participating 
States''). The list of Participating States is available here on the 
SSBCI Web site at www.treasury.gov/ssbci. These national standards 
provide Participating States with a recommended framework for 
identifying, monitoring, and managing SSBCI compliance and oversight 
risks. These national standards for compliance also provide guidance on 
mitigating specific risks that SSBCI believes are high-potential for 
all approved state programs. For each risk, SSBCI recommends specific 
best practices and mitigation techniques for Participating States that 
will supplement and inform the oversight duties imposed on 
Participating States by the Small Business Jobs Act of 2010 (Pub. L. 
111-240) (the ``Act''), the Allocation Agreement, and the SSBCI Policy 
Guidelines. This document is published under the authority in Section 
3009(a)(2) of the Act, which requires the Secretary of the Treasury to 
establish

[[Page 15846]]

minimum national standards for state programs approved under the Act.

Robert Dahl,
Treasury PRA Clearance Officer.
[FR Doc. 2012-6412 Filed 3-15-12; 8:45 am]
BILLING CODE 4810-25-P