Federal Register: September 26, 2002 (Volume 67, Number 187)
DOCID: FR Doc 02-24428
DEPARTMENT OF AGRICULTURE
Farm Service Agency
NOTICE: NOTICES
ACTION: Grants and cooperative agreements; availability, etc.:
DOCUMENT ACTION: Notice; correction.
SUBJECT CATEGORY:
Notice of Funds Availability (NOFA) Inviting Applications for the Horse Breeder Loan Program; Correction
DOCUMENT SUMMARY:
This document contains a correction to the Notice of Funds Availability (NOFA) published Friday July 5, 2002, for the Horse Breeder Loan Program. The loss calculation formula in the NOFA incorrectly calculated losses other than foal losses by inadvertently penalizing horse breeders who generated income form foal loss. This document corrects the formula used to calculate the value of losses, other than foal losses, for the horse breeder business.
SUMMARY:
Horse Breeder Loan Program,
FOR FURTHER INFORMATION CONTACT
Cathy Quayle, Senior Loan Officer or Patrick Spalding, Senior Loan Officer, USDA/FSA/DAFLP/STOP 0522, 1400 Independence Avenue, SW., Washington, DC 202500522; telephone (202) 7201472; facsimile (202) 7206797; electronic mail: Cathy Quayle@wdc.usda.gov or PatrickSpalding@wdc.usda.gov. Correction
Accordingly, in the NOFA published on July 5, 2002 (67 FR 44799 44804) make the following correction:
On page 44802, in the first column, in section XI, correct the first sentence of paragraph 3(b) to read as follows:
XI. Loss Calculations
* * * * *
3. * * *
(b) The annual net income for the horse breeder business will be
determined by subtracting all cash business expenses for the horse
breeder business from all business income for the horse breeder
business reported on Schedule F and other related schedules of the applicant's Federal income tax return. * * *
* * * * *
Signed at Washington, DC, on September 12, 2002. James R. Little,
Administrator, Farm Service Agency.
[FR Doc. 0224428 Filed 92502; 8:45 am]
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