[Federal Register Volume 79, Number 14 (Wednesday, January 22, 2014)]
[Proposed Rules]
[Page 3543]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-01070]


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FARM CREDIT ADMINISTRATION

12 CFR Part 615

RIN 3052-AC42


Funding and Fiscal Affairs, Loan Policies and Operations, and 
Funding Operations; Mission-Related Investments, Rural Community 
Investments

AGENCY: Farm Credit Administration.

ACTION: Proposed rule; withdrawal.

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SUMMARY: The Farm Credit Administration (FCA) withdraws its rule on 
Rural Community Investments that would have authorized System 
institutions to make certain investments in rural communities. The FCA 
terminates this rulemaking.

DATES: The proposed rule published June 16, 2008 (73 FR 33931) is 
withdrawn as of January 22, 2014.

FOR FURTHER INFORMATION CONTACT:
Dennis K. Carpenter, Senior Policy Analyst, Office of Regulatory 
Policy, Farm Credit Administration, 1501 Farm Credit Drive, McLean, VA, 
(703) 883-4434, TTY (703) 883-4056;
or
Mary Alice Donner, Senior Counsel, Office of General Counsel, Farm 
Credit Administration, McLean, VA 22102-5090, (703) 883-4020, TTY (703) 
883-4056.

SUPPLEMENTARY INFORMATION: On June 16, 2008, the Farm Credit 
Administration published a proposed rule on Rural Community Investments 
(73 FR 33931). We received over 10,000 comment letters providing 
support for or opposition to the proposed rule. After review and 
consideration of the proposed rule, we have decided to withdraw it. We 
will continue to review mission-related investments and may issue a 
proposed rule in the future if we determine that a rule of general 
applicability is appropriate. For related information on this topic, 
interested parties may visit our Web site at www.fca.gov under the News 
and Events tab.

    Dated: January 15, 2014.
Dale L. Aultman,
Secretary, Farm Credit Administration Board.
[FR Doc. 2014-01070 Filed 1-21-14; 8:45 am]
BILLING CODE 6705-01-P