Proposed Amendment of Class E Airspace; Parsons, TN, 9257-9258 [05-3615]

Download as PDF Federal Register / Vol. 70, No. 37 / Friday, February 25, 2005 / Proposed Rules For the reasons stated in the preamble, part 1731 is added to chapter XVII, title 12 of the Code of Federal Regulations to read as follows: PART 1731—MORTGAGE FRAUD REPORTING Sec. 1731.1 Purpose and scope. 1731.2 Definitions. 1731.3 Unsafe and unsound conduct. 1731.4 Procedures for reporting. 1731.5 Internal controls, procedures, and training. 1731.6 Supervisory action. Authority: 12 U.S.C. 4513(a) and 4513(b)(1), (2), and (7). PART 1731—MORTGAGE FRAUD REPORTING § 1731.1 Purpose and scope. The purpose of this section is to set forth safety and soundness requirements with respect to the reporting of mortgage fraud in furtherance of the supervisory responsibilities of OFHEO under the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (12 U.S.C. 4501 et seq.). § 1731.2 Definitions. For purposes of this part— (a) Director means the Director of OFHEO, or his or her designee. (b) Enterprise means the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation. (c) Mortgage fraud means a material misstatement, misrepresentation, or omission relied upon by an Enterprise to fund or purchase—or not to fund or purchase—a mortgage, mortgage backed security, or similar financial instrument. Such mortgage fraud includes, but is not limited to, identification and employment documents, mortgagee or mortgagor identity, and appraisals that are fraudulent. (d) OFHEO means the Office of Federal Housing Enterprise Oversight. (e) Possible mortgage fraud means that an Enterprise has cause to believe that mortgage fraud may be occurring or has occurred. § 1731.3 Unsafe and unsound conduct. mortgage fraud or possible mortgage fraud— (i) In writing to the Director in such format as prescribed by OFHEO. The report shall describe the mortgage fraud or possible mortgage fraud in detail sufficient under OFHEO guidance. The Enterprise, at the sole discretion of the Director, may be required to provide additional or continuing information in connection with such mortgage fraud; and (ii) Within four business days after identifying mortgage fraud or possible mortgage fraud. (2) Immediate report. In addition to reporting in writing under paragraph (a)(1) of this section, in any situation requiring immediate attention by OFHEO, an Enterprise shall report the mortgage fraud or possible mortgage fraud to the Director by telephone or electronic communication. (b) Retention of records. An Enterprise shall maintain a copy of any report submitted to the Director and the original or business record equivalent of any supporting documentation for a period of five years from the date of submission. (c) Nondisclosure. An Enterprise may not disclose, without the prior written approval of the Director, to the party or parties connected with the mortgage fraud or possible mortgage fraud that it has reported such fraud under this part. This restriction does not limit an Enterprise from disclosing or reporting such fraud pursuant to legal requirement, including to appropriate law enforcement authorities. (d) Acceptance of other forms. The Director may, upon written notice to each Enterprise, accept reports of mortgage fraud or possible mortgage fraud in formats promulgated by any Federal agency that has jurisdiction over the reporting of mortgage fraud or possible mortgage fraud by the Enterprises. (e) No waiver of privilege. An Enterprise does not waive any privilege it may claim under law by reporting mortgage fraud or possible mortgage fraud under this part. § 1731.5 Internal controls, procedures, and training. An Enterprise may not require the repurchase of or may not decline to purchase a mortgage, mortgage backed security, or similar financial instrument because of possible mortgage fraud without promptly reporting to the Director under § 1731.4. An Enterprise shall establish adequate and efficient internal controls and procedures and an operational training program to assure an effective system to detect and report mortgage fraud or possible mortgage fraud under this part. § 1731.4 Failure by an Enterprise to comply with §§ 1731.3, 1731.4, and 1731.5 may subject the Enterprise or the board Procedures for reporting. (a) Procedures for reporting. (1) General. An Enterprise shall report VerDate jul<14>2003 16:21 Feb 24, 2005 Jkt 205001 § 1731.6 PO 00000 Supervisory action. Frm 00003 Fmt 4702 Sfmt 4702 9257 members, officers, or employees thereof to supervisory action by OFHEO under the Federal Housing Enterprises Safety and Soundness Act of 1992 (12 U.S.C. 4501 et seq.), including but not limited to, cease-and-desist proceedings and civil money penalties. Dated: February 18, 2005. Armando Falcon, Jr., Director, Office of Federal Housing Enterprise Oversight. [FR Doc. 05–3590 Filed 2–24–05; 8:45 am] BILLING CODE 4220–01–P DEPARTMENT OF TRANSPORTATION Federal Aviation Administration 14 CFR Part 71 [Docket No. FAA–2005–20235; Airspace Docket No. 05–ASO–1] Proposed Amendment of Class E Airspace; Parsons, TN Federal Aviation Administration (FAA), DOT. ACTION: Notice of proposed rulemaking. AGENCY: SUMMARY: This notice proposes to amend Class E5 airspace at Parsons, TN. The Beech River Regional Airport is being constructed at Parsons, TN. As a result, airspace must be established to contain the Area Navigation (RNAV) Global Positioning System (GPS) Runway (RWY) 19 Standard Instrument Approach Procedure (SIAP) to Beech River Regional Airport. Controlled airspace extending upward from 700 feet Above Ground Level (AGL) is needed to contain the SIAP. DATES: Comments must be received on or before March 28, 2005. ADDRESSES: Send comments on this proposal to the Docket Management System, U.S. Department of Transportation, Room Plaza 401, 400 Seventh Street, SW., Washington, DC 20590–0001. You must identify the docket number FAA–2005–20235/ Airspace Docket No. 05–ASO–1, at the beginning of your comments. You may also submit comments on the Internet at https://www.dms.dot.gov. You may review the public docket containing the proposal, any comments received, and any final disposition in person in the Dockets Office between 9 a.m. and 5 p.m., Monday through Friday, except Federal holidays. The Docket office (telephone 1–800–647–5527) is on the plaza level of the Department of Transportation NASSIF Building at the above address. An informal docket may also be examined during normal business hours E:\FR\FM\25FEP1.SGM 25FEP1 9258 Federal Register / Vol. 70, No. 37 / Friday, February 25, 2005 / Proposed Rules at the office of the Regional Air Traffic Division, Federal Aviation Administration, Room 550, 1701 Columbia Avenue, College Park, Georgia 30337. FOR FURTHER INFORMATION CONTACT: Mark D. Ward, Manager, Airspace and Operations Branch, Eastern En Route and Oceanic Service Area, Federal Aviation Administration, P.O. Box 20636, Atlanta, Georgia 30320; telephone (404) 305–5627. SUPPLEMENTARY INFORMATION: Comments Invited Interested parties are invited to participate in this proposed rulemaking by submitting such written data, views or arguments as they may desire. Comments that provide the factual basis supporting the views and suggestions presented are particularly helpful in developing reasoned regulatory decisions on the proposal. Comments are specifically invited on the overall regulatory, aeronautical, economic, environmental, and energy-related aspects of the proposal. Communications should identify both docket numbers and be submitted in triplicate to the address listed above. Commenters wishing the FAA to acknowledge receipt of their comments on this notice must submit with those comments a self-addressed, stamped postcard on which the following statement is made: ‘‘Comments to Docket No. FAA–2005–20235/Airspace Docket No. 05–ASO–1.’’ The postcard will be date/time stamped and returned to the commenter. All communications received before the specified closing date for comments will be considered before taking action on the proposed rule. The proposal contained in this notice may be changed in light of the comments received. A report summarizing each substantive public contact with FAA personnel concerned with this rulemaking will be filed in the docket. Availability of NPRMs An electronic copy of this document may be downloaded through the Internet at https://dms.dot.gov. Recently published rulemaking documents can also be accessed through the FAA’s Web page at https://www.faa.gov or the Superintendent of Documents’ Web page at https://www.access.gpo.gov/nara. Additionally, any person may obtain a copy of this notice by submitting a request to the Federal Aviation Administration, Office of Air Traffic Airspace Management, ATA–400, 800 Independence Avenue, SW., Washington, DC 20591, or by calling VerDate jul<14>2003 16:21 Feb 24, 2005 Jkt 205001 (202) 267–8783. Communications must identify both docket numbers for this notice. Persons interested in being placed on a mailing list for future NPRM’s should contact the FAA’s Office of Rulemaking, (202) 267–9677, to request a copy of Advisory Circular No. 11–2A, Notice of Proposed Rulemaking Distribution System, which describes the application procedure. The Proposal The FAA is considering an amendment to Part 71 of the Federal Aviation Regulations (14 CFR Part 71) to amend Class E5 airspace at Parsons, TN. Class E airspace designations for airspace areas extending upward from 700 feet or more above the surface of the earth are published in Paragraph 6005 of FAA Order 7400.9M, dated August 30, 2004, and effective September 16, 2004, which is incorporated by reference in 14 CFR 71.1. The Class E airspace designations listed in this document would be published subsequently in the Order. The FAA has determined that this proposed regulation only involves an established body of technical regulations for which frequent and routine amendments are necessary to keep them operationally current. It, therefore, (1) is not a ‘‘significant regulatory action’’ under Executive Order 12866; (2) is not a ‘‘significant rule’’ under DOT Regulatory Policies and Procedures (44 FR 11034; February 26, 1979); and (3) does not warrant preparation of a Regulatory Evaluation as the anticipated impact is so minimal. Since this is a routine matter that will only affect air traffic procedures and air navigation, it is certified that this rule, when promulgated, will not have a significant economic impact on a substantial number of small entities under the criteria of the Regulatory Flexibility Act. List of Subjects in 14 CFR Part 71 Airspace, Incorporation by reference, Navigation (Air). The Proposed Amendment In consideration of the foregoing, the Federal Aviation Administration proposes to amend 14 CFR Part 71 as follows: PART 71—DESIGNATION OF CLASS A, CLASS B, CLASS C, CLASS D, AND CLASS E AIRSPACE AREAS; AIRWAYS; ROUTES; AND REPORTING POINTS 1. The authority citation for Part 71 continues to read as follows: PO 00000 Frm 00004 Fmt 4702 Sfmt 4702 Authority: 49 U.S.C. 106(g); 40103, 40113, 40120; E.O. 10854, 24 FR 9565, 3 CFR, 1959– 1963 Comp., p. 389. § 71.1 [Amended] 2. The incorporation by reference in 14 CFR 71.1 of Federal Aviation Administration Order 7400.9M, Airspace Designations and Reporting Points, dated August 30, 2004, and effective September 16, 2004, is amended as follows: Paragraph 6005 Class E Airspace Areas Extending Upward from 700 feet or More Above the Surface of the Earth. * * * * * ASO TN E5 Parsons, TN [REVISED] Parsons, Scott Field Airport, TN (Lat. 36°39′16″ N, long. 88°07′41″ W) Beech River Regional Airport, TN (Lat 35°39′20″ N, long. 88°11′45″ W) That airspace extending upward from 700 feet above the surface within a 6.5-mile radius of Scott Field Airport, and that airspace within a 6.5-mile radius of Beech River Regional Airport; excluding that airspace within the Lexington, TN, Class E airspace area. * * * * * Issued in College Park, Georgia, on February 1, 2005. Mark D. Ward, Acting Area Director, Eastern EnRoute & Oceanic Operations, ATO–E. [FR Doc. 05–3615 Filed 2–24–05; 8:45 am] BILLING CODE 4910–13–M PENSION BENEFIT GUARANTY CORPORATION 29 CFR Parts 4062 and 4063 RIN 1212–AB03 Liability Pursuant to Section 4062(e) of ERISA Pension Benefit Guaranty Corporation. ACTION: Proposed rule. AGENCY: SUMMARY: The PBGC proposes to amend its regulations to provide a rule for computing liability under section 4063(b) of the Employee Retirement Income Security Act of 1974 (‘‘ERISA’’) when there is a substantial cessation of operations by an employer as described by section 4062(e) of ERISA. DATES: Comments must be received on or before April 26, 2005. ADDRESSES: Comments may be mailed or delivered to the Legislative and Regulatory Department, Pension Benefit Guaranty Corporation, 1200 K Street, NW., Washington, DC 20005–4026. Comments also may be submitted electronically through the PBGC’s Web E:\FR\FM\25FEP1.SGM 25FEP1

Agencies

[Federal Register Volume 70, Number 37 (Friday, February 25, 2005)]
[Proposed Rules]
[Pages 9257-9258]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-3615]


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DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

14 CFR Part 71

[Docket No. FAA-2005-20235; Airspace Docket No. 05-ASO-1]


Proposed Amendment of Class E Airspace; Parsons, TN

AGENCY: Federal Aviation Administration (FAA), DOT.

ACTION: Notice of proposed rulemaking.

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

SUMMARY: This notice proposes to amend Class E5 airspace at Parsons, 
TN. The Beech River Regional Airport is being constructed at Parsons, 
TN. As a result, airspace must be established to contain the Area 
Navigation (RNAV) Global Positioning System (GPS) Runway (RWY) 19 
Standard Instrument Approach Procedure (SIAP) to Beech River Regional 
Airport. Controlled airspace extending upward from 700 feet Above 
Ground Level (AGL) is needed to contain the SIAP.

DATES: Comments must be received on or before March 28, 2005.

ADDRESSES: Send comments on this proposal to the Docket Management 
System, U.S. Department of Transportation, Room Plaza 401, 400 Seventh 
Street, SW., Washington, DC 20590-0001. You must identify the docket 
number FAA-2005-20235/Airspace Docket No. 05-ASO-1, at the beginning of 
your comments. You may also submit comments on the Internet at https://
www.dms.dot.gov. You may review the public docket containing the 
proposal, any comments received, and any final disposition in person in 
the Dockets Office between 9 a.m. and 5 p.m., Monday through Friday, 
except Federal holidays. The Docket office (telephone 1-800-647-5527) 
is on the plaza level of the Department of Transportation NASSIF 
Building at the above address.
    An informal docket may also be examined during normal business 
hours

[[Page 9258]]

at the office of the Regional Air Traffic Division, Federal Aviation 
Administration, Room 550, 1701 Columbia Avenue, College Park, Georgia 
30337.

FOR FURTHER INFORMATION CONTACT: Mark D. Ward, Manager, Airspace and 
Operations Branch, Eastern En Route and Oceanic Service Area, Federal 
Aviation Administration, P.O. Box 20636, Atlanta, Georgia 30320; 
telephone (404) 305-5627.

SUPPLEMENTARY INFORMATION:

Comments Invited

    Interested parties are invited to participate in this proposed 
rulemaking by submitting such written data, views or arguments as they 
may desire. Comments that provide the factual basis supporting the 
views and suggestions presented are particularly helpful in developing 
reasoned regulatory decisions on the proposal. Comments are 
specifically invited on the overall regulatory, aeronautical, economic, 
environmental, and energy-related aspects of the proposal. 
Communications should identify both docket numbers and be submitted in 
triplicate to the address listed above. Commenters wishing the FAA to 
acknowledge receipt of their comments on this notice must submit with 
those comments a self-addressed, stamped postcard on which the 
following statement is made: ``Comments to Docket No. FAA-2005-20235/
Airspace Docket No. 05-ASO-1.'' The postcard will be date/time stamped 
and returned to the commenter. All communications received before the 
specified closing date for comments will be considered before taking 
action on the proposed rule. The proposal contained in this notice may 
be changed in light of the comments received. A report summarizing each 
substantive public contact with FAA personnel concerned with this 
rulemaking will be filed in the docket.

Availability of NPRMs

    An electronic copy of this document may be downloaded through the 
Internet at https://dms.dot.gov. Recently published rulemaking documents 
can also be accessed through the FAA's Web page at https://www.faa.gov 
or the Superintendent of Documents' Web page at https://
www.access.gpo.gov/nara. Additionally, any person may obtain a copy of 
this notice by submitting a request to the Federal Aviation 
Administration, Office of Air Traffic Airspace Management, ATA-400, 800 
Independence Avenue, SW., Washington, DC 20591, or by calling (202) 
267-8783. Communications must identify both docket numbers for this 
notice. Persons interested in being placed on a mailing list for future 
NPRM's should contact the FAA's Office of Rulemaking, (202) 267-9677, 
to request a copy of Advisory Circular No. 11-2A, Notice of Proposed 
Rulemaking Distribution System, which describes the application 
procedure.

The Proposal

    The FAA is considering an amendment to Part 71 of the Federal 
Aviation Regulations (14 CFR Part 71) to amend Class E5 airspace at 
Parsons, TN. Class E airspace designations for airspace areas extending 
upward from 700 feet or more above the surface of the earth are 
published in Paragraph 6005 of FAA Order 7400.9M, dated August 30, 
2004, and effective September 16, 2004, which is incorporated by 
reference in 14 CFR 71.1. The Class E airspace designations listed in 
this document would be published subsequently in the Order.
    The FAA has determined that this proposed regulation only involves 
an established body of technical regulations for which frequent and 
routine amendments are necessary to keep them operationally current. 
It, therefore, (1) is not a ``significant regulatory action'' under 
Executive Order 12866; (2) is not a ``significant rule'' under DOT 
Regulatory Policies and Procedures (44 FR 11034; February 26, 1979); 
and (3) does not warrant preparation of a Regulatory Evaluation as the 
anticipated impact is so minimal. Since this is a routine matter that 
will only affect air traffic procedures and air navigation, it is 
certified that this rule, when promulgated, will not have a significant 
economic impact on a substantial number of small entities under the 
criteria of the Regulatory Flexibility Act.

List of Subjects in 14 CFR Part 71

    Airspace, Incorporation by reference, Navigation (Air).

The Proposed Amendment

    In consideration of the foregoing, the Federal Aviation 
Administration proposes to amend 14 CFR Part 71 as follows:

PART 71--DESIGNATION OF CLASS A, CLASS B, CLASS C, CLASS D, AND 
CLASS E AIRSPACE AREAS; AIRWAYS; ROUTES; AND REPORTING POINTS

    1. The authority citation for Part 71 continues to read as follows:

    Authority: 49 U.S.C. 106(g); 40103, 40113, 40120; E.O. 10854, 24 
FR 9565, 3 CFR, 1959-1963 Comp., p. 389.


Sec.  71.1  [Amended]

    2. The incorporation by reference in 14 CFR 71.1 of Federal 
Aviation Administration Order 7400.9M, Airspace Designations and 
Reporting Points, dated August 30, 2004, and effective September 16, 
2004, is amended as follows: Paragraph 6005 Class E Airspace Areas 
Extending Upward from 700 feet or More Above the Surface of the Earth.
* * * * *

ASO TN E5 Parsons, TN [REVISED]

Parsons, Scott Field Airport, TN
    (Lat. 36[deg]39'16'' N, long. 88[deg]07'41'' W)
Beech River Regional Airport, TN
    (Lat 35[deg]39'20'' N, long. 88[deg]11'45'' W)

    That airspace extending upward from 700 feet above the surface 
within a 6.5-mile radius of Scott Field Airport, and that airspace 
within a 6.5-mile radius of Beech River Regional Airport; excluding 
that airspace within the Lexington, TN, Class E airspace area.
* * * * *

    Issued in College Park, Georgia, on February 1, 2005.
Mark D. Ward,
Acting Area Director, Eastern EnRoute & Oceanic Operations, ATO-E.
[FR Doc. 05-3615 Filed 2-24-05; 8:45 am]
BILLING CODE 4910-13-M
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