Federal Register - August 23, 2021
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Source: Federal Register
Federal Register / Vol. 86, No. 160 / Monday, August 23, 2021 / Rules and Regulations benefits of available regulatory alternatives and, when regulation is necessary, to select regulatory approaches that maximize net benefits including potential economic, environmental, public health and safety effects, and other advantages;
distributive impacts; and equity.
Executive Order 13563 Improving Regulation and Regulatory Review emphasizes the importance of quantifying both costs and benefits, reducing costs, harmonizing rules, and promoting flexibility. The Office of Information and Regulatory Affairs has determined that this rule is not a significant regulatory action under Executive Order 12866. The Regulatory Impact Analysis associated with this rulemaking can be found as a supporting document at www.regulations.gov.
Regulatory Flexibility Act The Secretary hereby certifies that this final rule will not have a significant economic impact on a substantial number of small entities as they are defined in the Regulatory Flexibility Act, 5 U.S.C. 601612. The provisions contained in this final rulemaking are applicable to individual Veterans, and applications for VGLI, as submitted by such individuals, and are specifically managed and processed within VA and through Prudential Insurance Company of America, which is not considered to be a small entity. Therefore, pursuant to 5 U.S.C. 605b, the initial and final regulatory flexibility analysis requirements of 5 U.S.C. 603 and 604 do not apply.
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Unfunded Mandates The Unfunded Mandates Reform Act of 1995 requires, at 2 U.S.C. 1532, that agencies prepare an assessment of anticipated costs and benefits before issuing any rule that may result in an expenditure by the State, local, and tribal governments, in the aggregate, or by the private sector of $100 million or more adjusted annually for inflation in any given year. This final rule will have no such effect on State, local, and tribal governments or on the private sector.
Congressional Review Act Pursuant to the Congressional Review Act 5 U.S.C. 801 et seq., the Office of Information and Regulatory Affairs designated this rule as not a major rule, as defined by 5 U.S.C. 8042.
Catalog of Federal Domestic Assistance The Catalog of Federal Domestic Assistance Program number and title for this rule is 64.103, Life Insurance for Veterans.
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List of Subjects in 38 CFR Part 9
Life insurance, Military personnel, Veterans.
Signing Authority Denis McDonough, Secretary of Veterans Affairs, approved this document on August 16, 2021, and authorized the undersigned to sign and submit the document to the Office of the Federal Register for publication electronically as an official document of the Department of Veterans Affairs.
Jeffrey M. Martin, Assistant Director, Office of Regulation Policy & Management, Office of the Secretary, Department of Veterans Affairs.
PART 9SERVICEMEMBERS GROUP
LIFE INSURANCE AND VETERANS
GROUP LIFE INSURANCE
Accordingly, the Department of Veterans Affairs is adopting the interim rule amending 38 CFR part 9 that was published at 85 FR 35562 on June 9, 2021, as final without change.
FR Doc. 202118089 Filed 82021; 8:45 am BILLING CODE 832001P
DEPARTMENT OF VETERANS
AFFAIRS
38 CFR Part 36
46983
VA is amending its final rule, RIN 2900
AR05; Loan Guaranty: COVIDVAPCP, that was published on May 28, 2021, in the Federal Register at 86 FR 28692. In the Paperwork Reduction Act section of the final rule, VA noted it had submitted to the Office of Management and Budget OMB for approval new information collections under 38 CFR
36.4803 and 36.4805 through 36.4807.
OMB has approved these collections of information and assigned an OMB
control number. Therefore, VA is issuing these technical amendments to add the OMB control number to the published regulation.
SUPPLEMENTARY INFORMATION:
List of Subjects in 38 CFR Part 36
Condominiums, Housing, Individuals with disabilities, Loan programs housing and community development, Loan programsveterans, Manufactured homes, Mortgage insurance, Reporting and recordkeeping requirements, Veterans.
For the reasons set forth in the preamble, the VA amends 38 CFR part 36 to read as follows:
PART 38PENSIONS, BONUSES, AND
VETERANS RELIEF
1. The authority citation for part 36
continues to read as follows:
Authority: 38 U.S.C. 501 and 3720.
RIN 2900AR05
2. Amend 36.4803 by revising the sentence in parenthesis at the end of the section to read as follows:
Loan Guaranty: COVID19 Veterans Assistance Partial Claim Payment Program Department of Veterans Affairs.
ACTION: Technical amendments.
AGENCY:
The Department of Veterans Affairs VA is making technical amendments to the final rule published on Friday, May 28, 2021. The final rule establishes the COVID19 Veterans Assistance Partial Claim Payment program COVIDVAPCP, a temporary program to help Veterans return to making normal loan payments on a VAguaranteed loan after exiting a forbearance for financial hardship due, directly or indirectly, to the COVID19
national emergency.
DATES: These technical amendments are effective August 23, 2021.
FOR FURTHER INFORMATION CONTACT:
Andrew Trevayne, Assistant Director, Loan Property and Management, Loan Guaranty Service 26, Veterans Benefits Administration, Department of Veterans Affairs, 810 Vermont Avenue NW, Washington, DC 20420, 202 6328862.
This is not a toll-free telephone number.
SUMMARY:
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36.4803 General requirements of the COVID19 Veterans Assistance Partial Claim Payment program.
The Office of Management and Budget has approved the information collection requirements in this section under control number 29000889.
3. Amend 36.4805 by revising the sentence in parenthesis at the end of the section to read as follows:
36.4805 Terms of the partial claim payment.
The Office of Management and Budget has approved the information collection requirements in this section under control number 29000889.
4. Amend 36.4806 by revising the sentence in parenthesis at the end of the section to read as follows:
36.4806
veteran.
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Terms of the assistance to the
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