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Proposed RuleSignificant2023-082432023-04-25

Amendment to the Federal Ship Financing Program Regulations; Financial Requirements

Transportation Department, Maritime Administration

Abstract

This document serves to inform interested parties and the public that the Maritime Administration (MARAD) proposes to amend its regulations implementing the Federal Ship Financing Program's (Title XI Program) financial requirements. This action is necessary to implement statutory changes and update the existing financial requirements imposed on Title XI Program obligors to align with more up-to-date vessel financing and federal credit best practices. MARAD solicits written comments on this rulemaking.

Action & Dates

Action
Notice of proposed rulemaking; request for comments.
Dates
Written comments are requested on or before June 26, 2023.

CFR References

Public Comment

Comments Close
2023-06-26

Document Excerpt

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 Transportation Maritime Administration 46 CFR Part 298 [Docket Number MARAD-2023-0086] RIN 2133-AB98 AGENCY: Maritime Administration, Department of Transportation. ACTION: Notice of proposed rulemaking; request for comments. SUMMARY: This document serves to inform interested parties and the public that the Maritime Administration (MARAD) proposes to amend its regulations implementing the Federal Ship Financing Program's (Title XI Program) financial requirements. This action is necessary to implement statutory changes and update the existing financial requirements imposed on Title XI Program obligors to align with more up-to-date vessel financing and federal credit best practices. MARAD solicits written comments on this rulemaking. DATES: Written comments are requested on or before June 26, 2023. ADDRESSES: Your comments should refer to DOT Docket Number MARAD-2023-0086 and may be submitted by any of the following methods: Federal eRulemaking Portal: www.regulations.gov . Search “MARAD-2023-0086” and follow the instructions for submitting comments. Email: Rulemakings.MARAD@dot.gov . Include “MARAD-2023-0086” in the subject line of the message. Mail/Hand-Delivery/Courier: Docket Management Facility; U.S. Department of Transportation, 1200 New Jersey Avenue SE, Room W12-140, Washington, DC 20590. If you would like to know that your comments reached the facility, please enclose a stamped, self-addressed postcard or envelope. The Docket Manage

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Related Documents

Other Federal Register documents from the same docket.

Full Document

Citation: 88 FR 24962