United States Department of Energy
Justification for Emergency PRA Processing
OMB Number xxx-xxx
10 CFR Part 611
“Advanced Technology Vehicles Manufacturing Incentive Program”
Section 136 of the Energy Independence and Security Act of 2007, enacted on December 19, 2007, Pub. L. 110-140, as amended by Section 129(a) of the Consolidated Security Disaster Assistance and Continuing Appropriations Act of 2009, (Public Law 110-329; Continuing Resolution, 2009) requires DOE to act with extreme expedition in the establishment and implementation of the Advanced Technology Vehicle Manufacturing Incentive Program. Also, Congress mandated that the interim final rule implementing the program be promulgated no later than 60 days after enactment of the Continuing Resolution 2009. Further, DOE is cognizant of the current extraordinary and adverse credit market conditions and found it contrary to the public interest to delay the effective date of regulations implementing a program that may help respond to those conditions. As a result, the interim final rule stated that to further the statutory purpose of providing quickly funding to assist in the development and production of advanced technology vehicles and qualifying components, applications for the first tranche of direct loans were due on the date the interim final rule became effective. Moreover, the interim final rule stated that DOE will consider and evaluate substantially complete applications as and when they are submitted during the first tranche period, which will close December 31, 2008. DOE may make decisions on such applications and close loans with respect to such applications at any time. Thus, to meet the Congressional mandate to implement this program extremely quickly and the application process established in the interim final rule this information collection request must be approved on an emergency basis.
File Type | application/msword |
File Title | United States Department of Energy |
Author | eXCITE |
Last Modified By | eXCITE |
File Modified | 2008-12-09 |
File Created | 2008-12-09 |