Regional Innovation Program, 8809-8810 [2017-02010]

Download as PDF Federal Register / Vol. 82, No. 19 / Tuesday, January 31, 2017 / Rules and Regulations of 1973, as amended. The adjustment multiplier is the same for all FCA enforced CMPs, set at 1.01636. The maximum CMPs for violations were created in 2012 by the Biggert-Waters Act, which amended the Flood Disaster Protection Act of 1973. 1. New Penalty Amount in § 622.61(a)(1) The inflation-adjusted CMP currently in effect for violations of a final order occurring on or after November 2, 2015, is a maximum daily amount of $2,188.17 Multiplying the $2,188 CMP by the 2016 OMB multiplier, 1.01636, yields a total of $2,223.80. When that number is rounded as required by section 5(a) of the 1990 Act, as amended, the inflationadjusted maximum increases to $2,224. Thus, the new CMP maximum is $2,224. 2. New Penalty Amount in § 622.61(a)(2) The inflation-adjusted CMP currently in effect for violations of the Farm Credit Act or regulations issued under the Farm Credit Act occurring on or after November 2, 2015, is a maximum daily amount of $989.18 Multiplying the $989 CMP maximum by the 2016 OMB multiplier, 1.01636, yields a total of $1,005.18. When that number is rounded as required by section 5(a) of the 1990 Act, as amended the inflationadjusted maximum increases to $1,005. Thus, the new CMP maximum is $1,005. asabaliauskas on DSK3SPTVN1PROD with RULES 3. New Penalty Amounts for Flood Insurance Violations Under § 622.61(b) The existing maximum CMP for a pattern or practice of flood insurance violations pursuant to 42 U.S.C. 4012a(f)(5) is $2,056. Multiplying $2,056 by the 2016 OMB multiplier, 1.01636, yields a total of $2,089.64. When that number is rounded as required by section 5(a) of the 1990 Act, as amended, the new maximum assessment of the CMP for violating 42 U.S.C. 4012a(f)(5) is $2,090. Thus, the new CMP maximum is $2,090. IV. Notice and Comment Not Required by Administrative Procedure Act The 1990 Act, as amended, gives Federal agencies no discretion in the adjustment of CMPs for the rate of inflation. Further, these revisions are ministerial, technical, and noncontroversial. For these reasons, the FCA finds good cause to determine that public notice and an opportunity to comment are impracticable, unnecessary, and contrary to the public interest pursuant to the Administrative Procedure Act, 5 U.S.C. 553(b)(B), and adopts this rule in final form. 17 12 18 12 CFR 622.61(a)(1). CFR 622.61(a)(2). VerDate Sep<11>2014 15:52 Jan 30, 2017 Jkt 241001 V. Regulatory Flexibility Act Pursuant to section 605(b) of the Regulatory Flexibility Act (5 U.S.C. 601 et seq.), the FCA hereby certifies that this final rule will not have a significant economic impact on a substantial number of small entities. Each of the banks in the System, considered together with its affiliated associations, has assets and annual income in excess of the amounts that would qualify them as small entities. Therefore, System institutions are not ‘‘small entities’’ as defined in the Regulatory Flexibility Act. List of Subjects in 12 CFR Part 622 Administrative practice and procedure, Crime, Investigations, Penalties. For the reasons stated in the preamble, part 622 of chapter VI, title 12 of the Code of Federal Regulations is amended as follows: PART 622—RULES OF PRACTICE AND PROCEDURE 1. The authority citation for part 622 continues to read as follows: ■ Authority: Secs. 5.9, 5.10, 5.17, 5.25–5.37 of the Farm Credit Act (12 U.S.C. 2243, 2244, 2252, 2261–2273); 28 U.S.C. 2461 note; and 42 U.S.C. 4012a(f). ■ 2. Revise § 622.61 to read as follows: § 622.61 Adjustment of civil money penalties by the rate of inflation under the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended. (a) The maximum amount of each civil money penalty within FCA’s jurisdiction is adjusted in accordance with the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended (28 U.S.C. 2461 note), as follows: (1) Amount of civil money penalty imposed under section 5.32 of the Act for violation of a final order issued under section 5.25 or 5.26 of the Act: The maximum daily amount is $2,224 for violations that occur on or after January 15, 2017. (2) Amount of civil money penalty for violation of the Act or regulations: the maximum daily amount is $1,005 for each violation that occurs on or after January 15, 2017. (b) The maximum civil money penalty amount assessed under 42 U.S.C. 4012a(f) is: $385 for each violation that occurs on or after January 16, 2009, but before July 1, 2013, with total penalties under such statute not to exceed $120,000 for any single institution during any calendar year; $2,000 for each violation that occurs on or after July 1, 2013, but before August 1, 2016, PO 00000 Frm 00005 Fmt 4700 Sfmt 4700 8809 with no cap on the total amount of penalties that can be assessed against any single institution during any calendar year; and $2,090 for each violation that occurs on or after January 15, 2017, with no cap on the total amount of penalties that can be assessed against any single institution during any calendar year. Dated: January 12, 2017. Dale L. Aultman, Secretary, Farm Credit Administration Board. [FR Doc. 2017–01065 Filed 1–30–17; 8:45 am] BILLING CODE 6705–01–P DEPARTMENT OF COMMERCE Economic Development Administration 13 CFR Part 312 [Docket No.: 160615526–7122–03] RIN 0610–AA68 Regional Innovation Program Economic Development Administration, U.S. Department of Commerce. ACTION: Final rule; delay of effective date. AGENCY: In accordance with the memorandum of January 20, 2017, from the Assistant to the President and Chief of Staff, entitled ‘‘Regulatory Freeze Pending Review,’’ published in the Federal Register on January 24, 2017 (the Memorandum), this action temporarily delays the effective date of the Final Rule entitled ‘‘Regional Innovation Program’’ (Final Rule or Rule) published in the Federal Register on January 11, 2017. The Final Rule implements the Regional Innovation Program of the Economic Development Administration (EDA or the Agency), U.S. Department of Commerce (DOC) and specifically focuses on outlining the regulatory structure of its centerpiece grant program, the Regional Innovation Strategies (RIS) Program. DATES: The effective date of the Final Rule published in the Federal Register on January 11, 2017 (82 FR 3131), is delayed until March 21, 2017. FOR FURTHER INFORMATION CONTACT: Mara Quintero Campbell, Regional Counsel, Office of the Chief Counsel, Economic Development Administration, U.S. Department of Commerce, 1401 Constitution Avenue NW., Suite 72023, Washington, DC 20230; telephone: (202) 482–9055. SUPPLEMENTARY INFORMATION: SUMMARY: E:\FR\FM\31JAR1.SGM 31JAR1 8810 Federal Register / Vol. 82, No. 19 / Tuesday, January 31, 2017 / Rules and Regulations I. Background On January 11 2017, EDA published a Final Rule in the Federal Register (82 FR 3131) implementing the Regional Innovation Program as authorized by section 27 of the Stevenson-Wydler Technology Innovation Act of 1980, as amended. Through the RIS Program, the centerpiece of the Regional Innovation Program, EDA currently awards grants for capacity building programs that provide proof-of concept and commercialization assistance to innovators and entrepreneurs and for operational support for organizations that provide essential early-stage funding to startup companies. The Final Rule lays out the overarching regulatory framework for the RIS Program, including its mission and objectives, applicant eligibility requirements, allowable investment rates, eligible project activities, and required application components. In the Final Rule, the Agency also responds to the one germane comment it received during the 60-day Notice of Proposed Rulemaking (NPRM) comment period that was open between September 21, 2016 and November 21, 2016 (81 FR 64805). II. Provisions of This Action This action delays the effective date of the Final Rule from February 10, 2017 to March 21, 2017. This action is issued in accordance with the Memorandum that required temporary postponement of rules, that have been published in the Federal Register but have not yet taken effect, for 60 days from the date of the Memorandum for the purpose of reviewing questions of fact, law, and policy. asabaliauskas on DSK3SPTVN1PROD with RULES III. Determination of Exemption From Notice and Comment To the extent that the requirements of 5 U.S.C. 553 apply to this action, there is good cause to exempt this action from notice and comment pursuant to 5 U.S.C. 553(b)(B). EDA is delaying the effective date for this action to give DOC officials the opportunity to further review and consider new regulations, consistent with the Memorandum. Given the imminence of the new effective date, seeking prior public comment on this temporary delay would be impractical, unnecessary, and also contrary to the public interest in the orderly promulgation and implementation of regulations. VerDate Sep<11>2014 15:52 Jan 30, 2017 Jkt 241001 Dated: January 25, 2017. Thomas Guevara, Deputy Assistant Secretary for Regional Affairs, Performing the non-exclusive duties of the Assistant Secretary for Economic Development. [FR Doc. 2017–02010 Filed 1–30–17; 8:45 am] BILLING CODE 3510–24–P DEPARTMENT OF COMMERCE National Oceanic and Atmospheric Administration 15 CFR Part 902 50 CFR Parts 300 and 679 [Docket No. 151001910–6999–02] RIN 0648–BF42 Fisheries of the Exclusive Economic Zone Off Alaska; Allow the Use of Longline Pot Gear in the Gulf of Alaska Sablefish Individual Fishing Quota Fishery; Amendment 101 harvest of halibut IFQ caught incidentally in longline pot gear used in the GOA sablefish IFQ fishery. This final rule is necessary to improve efficiency and provide economic benefits for the sablefish IFQ fleet and minimize potential fishery interactions with whales and seabirds. This action is intended to promote the goals and objectives of the Magnuson-Stevens Fishery Conservation and Management Act, the Halibut Act, the GOA FMP, and other applicable laws. On January 20, 2017, the White House issued a memo instructing Federal agencies to temporarily postpone the effective date for 60 days after January 20, 2017, of any regulations or guidance documents that have published in the Federal Register but not yet taken effect, for the purpose of ‘‘reviewing questions of fact, law, and policy they raise.’’ Because its effective date has already passed, we are enacting this stay of the rule published on December 28, 2016, at 81 FR 95435 (see DATES above) until March 12, 2017. National Marine Fisheries Service (NMFS), National Oceanic and Atmospheric Administration (NOAA), Commerce. ACTION: Stay of final rule. List of Subjects In accordance with the memorandum of January 20, 2017, from the Assistant to the President and Chief of Staff, entitled ‘‘Regulatory Freeze Pending Review,’’ published in the Federal Register on January 24, 2017 (the Memorandum), this action stays the final rule NMFS published on December 28, 2016, in order to delay its effective date. DATES: Effective January 31, 2017, the final rule amending 15 CFR part 902 and 50 CFR parts 300 and 679 that published on December 28, 2016, at 81 FR 95435, is stayed to March 12, 2017. FOR FURTHER INFORMATION CONTACT: Rachel Baker, 907–586–7228. SUPPLEMENTARY INFORMATION: On December 28, 2016, NMFS published this final rule to implement Amendment 101 to the Fishery Management Plan for Groundfish of the Gulf of Alaska (GOA FMP) for the sablefish individual fishing quota (IFQ) fisheries in the Gulf of Alaska (GOA). This final rule authorizes the use of longline pot gear in the GOA sablefish IFQ fishery. In addition, this final rule establishes management measures to minimize potential conflicts between hook-and-line and longline pot gear used in the sablefish IFQ fisheries in the GOA. This final rule also includes regulations developed under the Northern Pacific Halibut Act of 1982 (Halibut Act) to authorize 50 CFR Part 300 Administrative practice and procedure, Antarctica, Canada, Exports, Fish, Fisheries, Fishing, Imports, Indians, Labeling, Marine resources, Reporting and recordkeeping requirements, Russian Federation, Transportation, Treaties, Wildlife. AGENCY: SUMMARY: PO 00000 Frm 00006 Fmt 4700 Sfmt 4700 15 CFR Part 902 Reporting and recordkeeping requirements. 50 CFR Part 679 Alaska, Fisheries, Reporting and recordkeeping requirements. Dated: January 26, 2017. Alan D. Risenhoover, Acting Deputy Assistant Administrator for Regulatory Programs, National Marine Fisheries Service. For the reasons set out in the preamble, NMFS amends 15 CFR part 902, and 50 CFR parts 300 and 679 as follows: Title 15—Commerce and Foreign Trade PART 902—NOAA INFORMATION COLLECTION REQUIREMENTS UNDER THE PAPERWORK REDUCTION ACT: OMB CONTROL NUMBERS 1. The authority citation for part 902 continues to read as follows: ■ Authority: 44 U.S.C. 3501 et seq. § 902.1 [Amended] 2. In § 902.1, in the table in paragraph (b), under the entry ‘‘50 CFR’’, entries ■ E:\FR\FM\31JAR1.SGM 31JAR1

Agencies

[Federal Register Volume 82, Number 19 (Tuesday, January 31, 2017)]
[Rules and Regulations]
[Pages 8809-8810]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-02010]


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DEPARTMENT OF COMMERCE

Economic Development Administration

13 CFR Part 312

[Docket No.: 160615526-7122-03]
RIN 0610-AA68


Regional Innovation Program

AGENCY: Economic Development Administration, U.S. Department of 
Commerce.

ACTION: Final rule; delay of effective date.

-----------------------------------------------------------------------

SUMMARY: In accordance with the memorandum of January 20, 2017, from 
the Assistant to the President and Chief of Staff, entitled 
``Regulatory Freeze Pending Review,'' published in the Federal Register 
on January 24, 2017 (the Memorandum), this action temporarily delays 
the effective date of the Final Rule entitled ``Regional Innovation 
Program'' (Final Rule or Rule) published in the Federal Register on 
January 11, 2017. The Final Rule implements the Regional Innovation 
Program of the Economic Development Administration (EDA or the Agency), 
U.S. Department of Commerce (DOC) and specifically focuses on outlining 
the regulatory structure of its centerpiece grant program, the Regional 
Innovation Strategies (RIS) Program.

DATES: The effective date of the Final Rule published in the Federal 
Register on January 11, 2017 (82 FR 3131), is delayed until March 21, 
2017.

FOR FURTHER INFORMATION CONTACT: Mara Quintero Campbell, Regional 
Counsel, Office of the Chief Counsel, Economic Development 
Administration, U.S. Department of Commerce, 1401 Constitution Avenue 
NW., Suite 72023, Washington, DC 20230; telephone: (202) 482-9055.

SUPPLEMENTARY INFORMATION:

[[Page 8810]]

I. Background

    On January 11 2017, EDA published a Final Rule in the Federal 
Register (82 FR 3131) implementing the Regional Innovation Program as 
authorized by section 27 of the Stevenson-Wydler Technology Innovation 
Act of 1980, as amended. Through the RIS Program, the centerpiece of 
the Regional Innovation Program, EDA currently awards grants for 
capacity building programs that provide proof-of concept and 
commercialization assistance to innovators and entrepreneurs and for 
operational support for organizations that provide essential early-
stage funding to startup companies. The Final Rule lays out the 
overarching regulatory framework for the RIS Program, including its 
mission and objectives, applicant eligibility requirements, allowable 
investment rates, eligible project activities, and required application 
components. In the Final Rule, the Agency also responds to the one 
germane comment it received during the 60-day Notice of Proposed 
Rulemaking (NPRM) comment period that was open between September 21, 
2016 and November 21, 2016 (81 FR 64805).

II. Provisions of This Action

    This action delays the effective date of the Final Rule from 
February 10, 2017 to March 21, 2017. This action is issued in 
accordance with the Memorandum that required temporary postponement of 
rules, that have been published in the Federal Register but have not 
yet taken effect, for 60 days from the date of the Memorandum for the 
purpose of reviewing questions of fact, law, and policy.

III. Determination of Exemption From Notice and Comment

    To the extent that the requirements of 5 U.S.C. 553 apply to this 
action, there is good cause to exempt this action from notice and 
comment pursuant to 5 U.S.C. 553(b)(B). EDA is delaying the effective 
date for this action to give DOC officials the opportunity to further 
review and consider new regulations, consistent with the Memorandum. 
Given the imminence of the new effective date, seeking prior public 
comment on this temporary delay would be impractical, unnecessary, and 
also contrary to the public interest in the orderly promulgation and 
implementation of regulations.

    Dated: January 25, 2017.
Thomas Guevara,
Deputy Assistant Secretary for Regional Affairs, Performing the non-
exclusive duties of the Assistant Secretary for Economic Development.
[FR Doc. 2017-02010 Filed 1-30-17; 8:45 am]
 BILLING CODE 3510-24-P

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