[Federal Register Volume 60, Number 8 (Thursday, January 12, 1995)]
[Rules and Regulations]
[Page 2880]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-733]
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
Office of the Secretary
24 CFR Part 597
[Docket No. R-95-1702; FR-3580-N-04]
RIN 2506-AB65
Designation of Empowerment Zones and Enterprise Communities;
Notice of Waiver of Sunset Provision of Interim Rule
AGENCY: Office of the Secretary, HUD.
ACTION: Notice of waiver.
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SUMMARY: This Notice announces a waiver granted by the Secretary, under
the waiver authority of 24 CFR 597.5, of the sunset provision set forth
in Sec. 597.1(c) of the Department's interim rule published on January
18, 1994.
DATES: January 12, 1995.
FOR FURTHER INFORMATION CONTACT:
Michael T. Savage, Deputy Director, Office of Economic Development,
Room 7136, Department of Housing and Urban Development, 451 Seventh
Street SW, Washington, DC 20410, telephone (202) 708-2290; TDD (202)
708-2565. (These are not toll-free numbers.)
SUPPLEMENTARY INFORMATION: On January 18, 1994, the Department
published an interim rule that implemented that portion of Subchapter
C, Part I (Empowerment Zones, Enterprise Communities and Rural
Development Investment Areas) of Title XIII of the Omnibus Budget
Reconciliation Act of 1993 dealing with the designation of urban
Empowerment Zones and Enterprise Communities (EZ/EC interim rule). The
preamble to the EZ/EC interim rule stated that: ``The Department has
adopted a policy of setting a date for expiration of an interim rule
unless a final rule is published before that date. This ``Sunset''
provision appears in Sec. 597.1(c) of the rule; and provides that the
interim rule will expire on a date 12 months from publication unless a
final rule is published before that date.''
The EZ/EC final rule is being published elsewhere in today's
Federal Register. However, consistent with 42 U.S.C. 3535(o)(3) of the
Department's authorizing legislation, the EZ/EC final rule cannot
become effective until a period of 30 calendar days from the date of
publication of the final rule has expired. Accordingly, the EZ/EC final
rule, published in today's Federal Register, will not become effective
by or before January 18, 1995, the date the interim rule expires. In
order to prevent a period in which the effective period of the EZ/EC
regulations lapses, a waiver is granted under 24 CFR 597.5.
Section 597.5 provides that ``The Secretary of HUD may waive for
good cause any provision of this part not required by statute, where it
is determined that application of the requirement would produce a
result adverse to the purpose and objectives of this part.'' The sunset
provision set forth in 24 CFR 597.1(c) of the January 18, 1994 interim
rule was not required by statute, and good cause exists to waive this
provision in order that the effective period of the interim rule
published on January 18, 1994 (59 FR 2700) continues until the date the
final rule is published and made effective, at which point the final
rule will remain in effect.
Dated: January 5, 1995.
Henry G. Cisneros,
Secretary.
[FR Doc. 95-733 Filed 1-11-95; 8:45 am]
BILLING CODE 4210-32-P-M
