Supplemental Lending Limits Program: Technical Correction

Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Department of the Treasury Office of the Comptroller of the Currency 12 CFR Part 32 [Docket ID OCC-2018-0041] RIN 1557-AE21 AGENCY: Office of the Comptroller of the Currency (OCC), Treasury. ACTION: Correcting amendment. SUMMARY: On July 14, 2020, the Office of the Comptroller of the Currency (OCC) published in the Federal Register a final rule that, among other revisions, made technical changes to the OCC's supplemental lending limits rule. This correcting amendment makes a correction to those regulations by reinstating two paragraphs to the lending limits rules that were inadvertently deleted. DATES: This rule is effective on October 1, 2020. FOR FURTHER INFORMATION CONTACT: Marta E. Stewart-Bates, Senior Attorney, Chief Counsel's Office, (202) 649-5490, for persons who are deaf or hearing impaired, TTY, (202) 649-5597, Office of the Comptroller of the Currency, 400 7th Street SW, Washington, DC 20219. SUPPLEMENTARY INFORMATION: I. Background and Description of Correcting Amendment On July 14, 2020, the OCC published in the Federal Register a final rule  [ 1 ] that made technical changes to the OCC's supplemental lending limits rules, among other revisions. Specifically, the terms “small business loans” and “small farm loans or extensions of credit” were replaced with the terms “loans to small businesses” and “loans or extensions of credit to small farms,” respectively, to conform with the Call Report instructions. Thes…