12 CFR § 408.6 - Typical classes of action.
---
identifier: "/us/cfr/t12/s408.6"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 408.6 - Typical classes of action."
title_number: 12
title_name: "Banks and Banking"
section_number: "408.6"
section_name: "Typical classes of action."
chapter_name: "EXPORT-IMPORT BANK OF THE UNITED STATES"
part_number: "408"
part_name: "PROCEDURES FOR COMPLIANCE WITH THE NATIONAL ENVIRONMENTAL POLICY ACT"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "National Environmental Policy Act of 1969; 42 U.S.C. 4321"
regulatory_source: "44 FR 50811, Aug. 30, 1979, unless otherwise noted."
cfr_part: "408"
---
# 408.6 Typical classes of action.
(a) Section 1507.3(c)(2) of the NEPA Regulations in conjunction with § 1508.4 thereof requires agencies to establish three typical classes of action for similar treatment under NEPA. These typical classes of action are set forth below:
| Actions normally requiring EIS's | Actions normally requiring assessments but not necessarily EIS's | Actions normally not requiring assessments or EIS's |
| --- | --- | --- |
| None | Applications for Eximbank financing under the direct lending program in support of transactions for which determinations under § 408.4(b)(1)(i) and (ii) above may be affirmative | Applications for Eximbank financing in the form of insurance or guarantees. |
(b) Eximbank will independently determine whether an EIS or an environmental assessment is required where:
(1) A proposal for agency action is not covered by one of the typical classes of action above; or
(2) For actions which are covered, the presence of extraordinary circumstances indicates that some other level of environmental review may be appropriate.