Amendments to the Contractor Outreach Program for Businesses Owned by Minorities, Women, or Individuals With Disabilities, 9507-9511 [05-3718]
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Federal Register / Vol. 70, No. 38 / Monday, February 28, 2005 / Rules and Regulations
I 2. In § 72.214, Certificate of
Compliance 1014 is revised to read as
follows:
§ 72.214 List of approved spent fuel
storage casks.
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Certificate Number: 1014.
Initial Certificate Effective Date: June
1, 2000.
Amendment Number 1 Effective Date:
July 15, 2002.
Amendment Number 2 Effective Date:
May 16, 2005.
SAR Submitted by: Holtec
International.
SAR Title: Final Safety Analysis
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Docket Number: 72–1014.
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2020.
Model Number: HI–STORM 100.
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Dated at Rockville, Maryland, this 14th day
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For the Nuclear Regulatory Commission.
Luis A. Reyes,
Executive Director for Operations.
[FR Doc. 05–3739 Filed 2–25–05; 8:45 am]
BILLING CODE 7590–01–P
FEDERAL HOUSING FINANCE BOARD
12 CFR Parts 905, 906, 925, 926, 931,
933, 944, 950, and 951
[No. 2005–03]
RIN 3069–AB29
Amendments to the Contractor
Outreach Program for Businesses
Owned by Minorities, Women, or
Individuals With Disabilities
AGENCY:
Federal Housing Finance
Board.
ACTION:
Final rule.
SUMMARY: The Federal Housing Finance
Board (Finance Board) is updating its
regulation establishing a minority
contractors outreach program to reflect
changes in the agency’s procurement
process and organization, to include
individuals with disabilities, and to
make general editorial changes intended
to simplify the rule. The Finance Board
also is adding a new section to its
Description of Organization and
Functions regulation listing the control
numbers and expiration dates for all
agency information collections
approved by the Office of Management
and Budget (OMB) under the Paperwork
Reduction Act of 1995 (PRA).
DATES: The final rule will become
effective on March 30, 2005.
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FOR FURTHER INFORMATION CONTACT:
Charles E. McLean, Outreach Advocate,
by electronic mail at mcleanc@fhfb.gov,
by telephone at (202) 408–2537, by
facsimile at (202) 408–2850; David A.
Lee, Associate Director, Human
Resources and Administration Division,
Office of Management, by electronic
mail at leed@fhfb.gov, by telephone at
(202) 408–2514, by facsimile at (202)
408–2530; or Janice A. Kaye, Senior
Attorney-Advisor, Office of General
Counsel, by electronic mail at
kayej@fhfb.gov, by telephone at (202)
408–2505, by facsimile at (202) 408–
2580. You can send regular mail to the
Federal Housing Finance Board, 1777 F
Street, NW., Washington, DC 20006.
SUPPLEMENTARY INFORMATION:
I. Minorities, Women and Individuals
With Disabilities Contractor Outreach
Program
A. Statutory and Regulatory Background
In 1989, Congress enacted a law
requiring the Finance Board and other
federal banking agencies to adopt
regulations intended ‘‘to ensure
inclusion, to the maximum extent
possible, of minorities and women, and
entities owned by minorities and
women * * * in all contracts entered
into by the agency. * * * ’’ See 12
U.S.C. 1833e(c). In response, the
Finance Board adopted a rule
establishing a minority contractors
outreach program.1 The purpose of the
outreach program is to identify and
solicit the participation of businesses
owned by minorities or women in the
Finance Board’s procurement process.
The Finance Board has not revised its
contractor outreach program since
1993.2 Under the current rule, the
outreach program procedurally is more
complex than necessary for an agency
the size of the Finance Board. It also has
been less effective in practice than
anticipated in achieving the goal of
increased participation by minority- and
women-owned businesses in agency
contracts. Additionally, since adoption
of the rule in 1993, the Finance Board’s
contracting process and general
organization have changed. This final
rule will streamline the outreach
program in an effort to improve its
effectiveness and also update it to
reflect the changes in agency
organization and practice.
While not required by statute, the
Finance Board is extending coverage of
the outreach program to businesses
owned by individuals with disabilities.
This is consistent with the intent of the
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1 See
2 58
12 CFR 906.5.
FR 19195 (April 13, 1993).
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9507
Rehabilitation Act of 1973, which,
among other things, requires agencies to
enhance the prospects for federal
employment of qualified individuals
with disabilities.3 It also advances the
goals of an Executive Order issued by
the President on October 20, 2004,
which is intended to strengthen
opportunities in federal contracting for
service disabled veterans.4 Other
agencies subject to the contractor
outreach requirement have included
businesses owned by individuals with
disabilities in their program.5
The Finance Board also is making
general editorial changes intended to
simplify the rule and is using a more
user-friendly question-and-answer
format. While the Finance Board is
adopting these changes in the form of a
final rule, comments on ways to
improve the outreach program are
encouraged.
B. Analysis of the Final Rule
1. Purpose
Section 906.10 explains why the
Finance Board has a contractor outreach
program. Consistent with the principles
of full and open competition and best
value acquisition, the purpose of the
outreach program is to ensure that
businesses owned by minorities,
women, and individuals with
disabilities have the opportunity to
participate to the full extent possible in
all Finance Board contracts.
2. Participants
Section 906.11 explains who can
participate in the contractor outreach
program. The definition of the term
‘‘minority’’ is based on guidance
provided by the Equal Employment
Opportunity Commission (EEOC)
concerning the collection and
presentation of data on race and
ethnicity.6 The rule adopts by reference
the definition of the term ‘‘disability’’
used by the EEOC for purposes of the
Rehabilitation Act of 1973.7 Under this
EEOC definition, an individual with a
disability generally means any person
who has a physical or mental
impairment that substantially limits one
or more of such person’s major life
activities, has a record of such an
impairment, or is regarded as having
such an impairment.
To ensure that the benefits of the
program inure to minorities, women,
3 See
29 U.S.C. 701 et seq.
13360, 69 FR 62549 (Oct. 26, 2004).
5 See, e.g., 12 CFR 4.61–4.66 (Office of the
Comptroller of the Currency).
6 EEOC guidance is available at: https://
www.eeoc.gov/stats/census/race_ethnic_data.html.
7 See 29 CFR 1630.2(g) and 1630.3.
4 E.O.
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and individuals with disabilities, the
rule requires that participating
businesses be unconditionally owned by
one or more minorities, women, or
individuals with disabilities. For
purposes of the outreach program,
‘‘unconditionally owned’’ means
ownership of at least 51 percent of a
business by one or more members of a
minority group, women, or individuals
with disabilities. In the case of a
corporation, it means ownership of at
least 51 percent of each class of voting
stock. In the case of a partnership, it
means ownership of at least 51 percent
of the partnership interest. This
definition of unconditional ownership
is consistent with the definition used by
other agencies subject to the contractor
outreach requirement.8
3. How the Outreach Program Works
Section 906.12 includes the elements
of the outreach program. Under the
program, the Finance Board will
identify and solicit the participation in
agency contracts of businesses owned
by minorities, women, and individuals
with disabilities. To identify businesses,
the Finance Board will review contact
lists provided by Federal agencies, trade
groups, and other organizations,
advertise contracting opportunities
through targeted media, and participate
in targeted business promotion events.
After identifying businesses, the
Finance Board will provide information
about, and technical assistance to
participate in, the contracting process.
The Finance Board also will ensure that
personnel involved in the contracting
process understand and promote the
outreach program.
4. Program Monitoring and Oversight
To maintain the effectiveness of the
outreach program, § 906.13 requires the
appointment of an ‘‘Outreach Advocate’’
who will be responsible for program
advocacy, oversight, and monitoring. In
addition, the Outreach Advocate will be
responsible for providing the Finance
Board with technical assistance and
guidance on how best to facilitate the
participation in the contracting process
of minorities, women, and individuals
with disabilities, and businesses
unconditionally owned by them.
II. Paperwork Reduction Act Control
Numbers
Under the PRA and the OMB
implementing regulation, an agency
may not sponsor or conduct, and a
person is not required to respond to, an
information collection unless the
8 See,
e.g., 12 CFR 4.62(c) and (e) (Office of the
Comptroller of the Currency).
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regulation collecting the information
displays a currently valid OMB control
number. See 44 U.S.C. 3507; 5 CFR
1320.5 and 1320.8. Currently, the
expiration date of the OMB control
numbers for Finance Board collections
of information are scattered throughout
the agency’s regulations. For ease of
reference, the Finance Board is changing
how it provides information about OMB
control numbers. The Finance Board
now will display the OMB control
numbers and expiration dates for all
agency collections of information in
chart form in a single new section—12
CFR 905.27—that will be updated as
necessary. This reorganization makes no
substantive changes to any of the
information collections.
12 CFR Part 926
Credit, Federal home loan banks,
Reporting and recordkeeping
requirements.
III. Notice, Public Participation, and
Effective Date
12 CFR Part 950
Credit, Federal home loan banks,
Housing, Reporting and recordkeeping
requirements.
The notice and publication
requirements of the Administrative
Procedure Act do not apply because this
rule concerns only agency organization,
procedure, or practice. See 5 U.S.C.
553(b)(3)(A). Therefore, the Finance
Board is publishing these changes in the
form of a final rule. As previously
noted, however, the Finance Board
welcomes suggestions for how to
improve the contractor outreach
program.
IV. Regulatory Flexibility Act
The Finance Board is adopting these
amendments in the form of a final rule
and not as a proposed rule. Therefore,
the provisions of the Regulatory
Flexibility Act do not apply. See 5
U.S.C. 601(2) and 603(a).
V. Paperwork Reduction Act
The final rule does not contain any
collections of information under the
Paperwork Reduction Act of 1995. See
44 U.S.C. 3501 et seq. Consequently, the
Finance Board has not submitted any
information to OMB for review.
List of Subjects
12 CFR Part 905
Federal home loan banks,
Organization and functions
(Government agencies).
12 CFR Part 906
Assessments, Federal home loan
banks, Government contracts,
Mortgages, Reporting and recordkeeping
requirements, Women and minority
businesses.
12 CFR Part 925
Credit, Federal home loan banks,
Reporting and recordkeeping
requirements.
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12 CFR Part 931
Capital, Credit, Federal home loan
banks, Investments, Reporting and
recordkeeping requirements.
12 CFR Part 933
Capital, Credit, Federal home loan
banks, Investments, Reporting and
recordkeeping requirements.
12 CFR Part 944
Credit, Federal home loan banks,
Intergovernmental relations, Trade
practices.
12 CFR Part 951
Community development, Credit,
Federal home loan banks, Housing,
Reporting and recordkeeping
requirements.
I For the reasons stated in the preamble,
the Finance Board amends 12 CFR,
chapter IX, as follows:
PART 905—DESCRIPTION OF
ORGANIZATION AND FUNCTIONS
1. Revise the authority citation for part
905 to read as follows:
I
Authority: 5 U.S.C. 552; 12 U.S.C. 1422b(a)
and 1423; 44 U.S.C. 3507; 5 CFR 1320.5 and
1320.8.
I
2. Add § 905.27 to read as follows:
§ 905.27 OMB control numbers assigned
under the Paperwork Reduction Act.
(a) Purpose. This section collects and
displays the control numbers assigned
to information collection requirements
contained in Finance Board regulations
by the Office of Management and
Budget (OMB) under the Paperwork
Reduction Act of 1995 (44 U.S.C.
chapter 35) and OMB regulations (5 CFR
1320.5 and 1320.8). The Finance Board
may not sponsor or conduct, and a
person is not required to respond to, an
information collection unless the agency
displays a currently valid OMB control
number.
(b) Display.
12 CFR part or
section where
identified and
described
OMB
control No.
Expiration
date
906.5 ...................
915.3 ...................
915.4 ...................
3069–0001
3069–0002
3069–0002
July 2007.
Nov. 2007.
Nov. 2007.
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12 CFR part or
section where
identified and
described
OMB
control No.
Expiration
date
915.5 ...................
915.6 ...................
915.7 ...................
915.8 ...................
915.10 .................
915.12 .................
925.2 ...................
925.3 ...................
925.5 ...................
925.6 ...................
925.7 ...................
925.8 ...................
925.9 ...................
925.11 .................
925.12 .................
925.13 .................
925.15 .................
925.16 .................
925.17 .................
925.18 .................
925.22 .................
925.24 .................
925.26 .................
925.31 .................
926.1 ...................
926.2 ...................
926.3 ...................
926.4 ...................
926.5 ...................
926.6 ...................
931.3 ...................
931.7 ...................
933.2 ...................
944.2 ...................
944.3 ...................
944.4 ...................
944.5 ...................
950.17 .................
951.1 ...................
951.3 ...................
951.4 ...................
951.6 ...................
951.7 ...................
951.8 ...................
951.10 .................
951.11 .................
951.13 .................
951.15 .................
955.4 ...................
3069–0002
3069–0002
3069–0002
3069–0002
3069–0002
3069–0002
3069–0004
3069–0004
3069–0004
3069–0004
3069–0004
3069–0004
3069–0004
3069–0004
3069–0004
3069–0004
3069–0004
3069–0004
3069–0004
3069–0004
3069–0004
3069–0004
3069–0004
3069–0004
3069–0005
3069–0005
3069–0005
3069–0005
3069–0005
3069–0005
3069–0059
3069–0004
3069–0059
3069–0003
3069–0003
3069–0003
3069–0003
3069–0005
3069–0006
3069–0006
3069–0006
3069–0006
3069–0006
3069–0006
3069–0006
3069–0006
3069–0006
3069–0006
3069–0058
Nov. 2007.
Nov. 2007.
Nov. 2007.
Nov. 2007.
Nov. 2007.
Nov. 2007.
May 2007.
May 2007.
May 2007.
May 2007.
May 2007.
May 2007.
May 2007.
May 2007.
May 2007.
May 2007.
May 2007.
May 2007.
May 2007.
May 2007.
May 2007.
May 2007.
May 2007.
May 2007.
Nov. 2005.
Nov. 2005.
Nov. 2005.
Nov. 2005.
Nov. 2005.
Nov. 2005.
Feb. 2007.
May 2007.
Feb. 2007.
Feb. 2006.
Feb. 2006.
Feb. 2006.
Feb. 2006.
Nov. 2005.
July 2007.
July 2007.
July 2007.
July 2007.
July 2007.
July 2007.
July 2007.
July 2007.
July 2007.
July 2007.
Mar. 2007.
I
3. Revise part 906 to read as follows:
PART 906—OPERATIONS
Subpart A—Assessments on the Banks
Sec.
906.1 Assessment authority.
906.2 Assessment procedure.
Subpart B—Monthly Interest Rate Survey
(MIRS)
906.5 Monthly interest rate survey.
Subpart C—Contractor Outreach Program
for Businesses Owned by Minorities,
Women, or Individuals With Disabilities
906.10 Why does the Finance Board have
this outreach program?
906.11 Who may participate in the outreach
program?
906.12 What outreach efforts are included
in this program?
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Jkt 205001
906.13 How does the Finance Board oversee
and monitor the outreach program?
Authority: 12 U.S.C. 1422b, 1438(b), and
1833e.
Subpart A—Assessments on the
Banks
§ 906.1
Assessment authority.
The Finance Board may impose a
semiannual assessment on the Banks in
an aggregate amount the Finance Board
determines is sufficient to provide for
the payment of its estimated expenses
for the period for which it makes such
assessment.
§ 906.2
Assessment procedure.
(a) At or near the end of each fiscal
year, the Finance Board shall approve
an annual budget of Finance Board
expenses for the next fiscal year. The
Finance Board shall promptly provide a
copy of the approved budget to each
Bank president.
(b) The Finance Board shall assess the
Banks semiannually in an aggregate
amount it determines is sufficient to pay
the expenses approved under paragraph
(a) of this section. The Finance Board
shall offset the amount of the
semiannual assessments it imposes on
the Banks by any amount it determines
is remaining from previous semiannual
assessments. The Finance Board shall
promptly notify each Bank president in
writing of the amount on any
assessment.
(c) Each Bank shall pay a pro rata
share of the semiannual assessments
imposed under paragraph (b) of this
section. The Finance Board shall
calculate each Bank’s pro rata share
based on the ratio between the total
paid-in value of the Bank’s capital stock
and the aggregate total paid-in value of
the capital stock of every Bank. The
Finance Board shall promptly notify
each Bank in writing of the amount of
its pro rata share of any semiannual
assessment.
(d) Unless otherwise instructed in
writing by the Finance Board, each Bank
shall pay to the Finance Board its pro
rata share of an assessment in equal
monthly installments during the
semiannual period covered by the
assessment.
Subpart B—Monthly Interest Rate
Survey (MIRS)
§ 906.5
Monthly interest rate survey.
The Finance Board conducts its
Monthly Survey of Rates and Terms on
Conventional One-Family Non-farm
Mortgage Loans in the following
manner:
(a) Initial survey. Each month, the
Finance Board samples savings
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9509
institutions, commercial banks, and
mortgage loan companies, and asks
them to report the terms and conditions
on all conventional mortgages (i.e.,
those not federally insured or
guaranteed) used to purchase singlefamily homes that each such lender
closes during the last five working days
of the month. In most cases, the
information is reported electronically in
a format similar to Finance Board Form
FHFB 10–91. The initial weights are
based on lender type and lender size.
The data also is weighted so that the
pattern of weighted responses matches
the actual pattern of mortgage
originations by lender type and by
region. The Finance Board tabulates the
data and publishes standard data tables
late in the following month.
(b) Adjustable-rate mortgage index.
The weighted data, tabulated and
published pursuant to paragraph (a) of
this section, is used to compile the
Finance Board’s adjustable-rate
mortgage index, entitled the ‘‘National
Average Contract Mortgage Rate for the
Purchase of Previously Occupied Homes
by Combined Lenders.’’ This index is
the successor to the index maintained
by the former Federal Home Loan Bank
Board and is used for determining the
movement of the interest rate on
renegotiable-rate mortgages and on some
other adjustable-rate mortgages.
Subpart C—Contractor Outreach
Program for Businesses Owned by
Minorities, Women, or Individuals With
Disabilities
§ 906.10 Why does the Finance Board
have this outreach program?
The Finance Board awards contracts
consistent with the principles of full
and open competition and best value
acquisition. The purpose of this
outreach program is to ensure that
minorities, women, and individuals
with disabilities, and businesses
unconditionally owned by them, have
the maximum practicable opportunity to
participate fully in all contracts
awarded by the Finance Board.
§ 906.11 Who may participate in the
outreach program?
Minorities, women, and individuals
with disabilities, and businesses
unconditionally owned by them, may
participate in the outreach program. As
used in this subpart:
(a) Disability with respect to an
individual has the same meaning as
defined by the Equal Employment
Opportunity Commission at 29 CFR
1630.2(g) and 1630.3.
(b) Minority means Black or African
American, American Indian or Alaska
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Native, Hispanic or Latino American,
Asian American, and Native Hawaiian
or Other Pacific Islander.
(c) Unconditional ownership means
ownership of at least 51 percent of a
business by one or more members of a
minority group, women, or individuals
with disabilities. In the case of a
corporation, it means ownership of at
least 51 percent of each class of voting
stock. In the case of a partnership, it
means ownership of at least 51 percent
of the partnership interest.
§ 906.12 What outreach efforts are
included in this program?
The Finance Board’s outreach
program includes the following:
(a) Identifying businesses
unconditionally owned by minorities,
women, and individuals with
disabilities by obtaining lists and
directories that may be maintained by
government agencies, trade groups, and
other organizations;
(b) Contacting businesses
unconditionally owned by minorities,
women, and individuals with
disabilities to provide information
about, and technical assistance to
participate in, the Finance Board
contracting process;
(c) Advertising contracting
opportunities with the Finance Board
through media targeted to reach
businesses unconditionally owned by
minorities, women, and individuals
with disabilities;
(d) Participating, to the extent
practicable, in events such as
conventions, seminars, and professional
meetings that are intended primarily to
promote business opportunities for
minorities, women, and individuals
with disabilities, and businesses
unconditionally owned by them; and
(e) Ensuring that Finance Board
contracting staff understand and
promote the outreach program.
§ 906.13 How does the Finance Board
oversee and monitor the outreach
program?
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§ 931.7
[Amended]
11. Amend § 931.7 by removing the
parenthetical ‘‘(The Office of
Management and Budget has approved
the information collection requirements
contained in this section and assigned
control number 3069–0004 with an
expiration date of April 30, 2001)’’ at the
end of the section.
I
4. The authority citation for part 925
continues to read as follows:
I
Authority: 12 U.S.C. 1422, 1422a, 1422b,
1423, 1424, 1426, 1430, and 1442.
§§ 925.2, 925.3, 925.5, 925.6, 925.7, 925.8,
925.9, 925.11, 925.12, 925.13, 925.15, 925.16,
925.17, 925.18, 925.22, and 925.31
[Amended]
5. Amend §§ 925.2, 925.3, 925.5, 925.6,
925.7, 925.8, 925.9, 925.11, 925.12,
925.13, 925.15, 925.16, 925.17, 925.18,
925.22, and 925.31 by removing the
parenthetical ‘‘(The information
collection requirements contained in
this section have been approved by the
Office of Management and Budget under
control number 3069–0004)’’ at the end
of each section.
I
§§ 925.24 and 925.26
[Amended]
PART 933—BANK CAPITAL
STRUCTURE PLANS
12. The authority citation for part 933
continues to read as follows:
I
Authority: 12 U.S.C. 1422a(a)(3), 1422b(a),
1426, 1440, 1443, and 1446.
§ 933.2
[Amended]
13. Amend § 933.2 by removing the
parenthetical ‘‘(The Office of
Management and Budget has approved
the information collection requirements
contained in this section and assigned
control number 3069–0059 with an
expiration date of November 30, 2003)’’
at the end of the section.
I
6. Amend §§ 925.24 and 925.26 by
removing the parenthetical ‘‘(The Office
of Management and Budget has
approved the information collection
requirements contained in this section
and assigned control number 3069–0004
with an expiration date of April 30,
2001)’’ at the end of each section.
I
PART 926—FEDERAL HOME LOAN
BANK HOUSING ASSOCIATES
Authority: 12 U.S.C. 1422a(a)(3)(B),
1422b(a)(1), and 1430(g).
7. The authority citation for part 926
continues to read as follows:
§§ 944.2, 944.3, 944.4, and 944.5
[Amended]
I
I
Authority: 12 U.S.C. 1422b(a) and 1430b.
§§ 926.4, 926.5, and 926.6
[Amended]
PART 944—COMMUNITY SUPPORT
REQUIREMENTS
14. The authority citation for part 944
continues to read as follows:
15. Amend §§ 944.2, 944.3, 944.4, and
944.5 by removing the parenthetical
‘‘(The Office of Management and Budget
has approved the information collection
requirements contained in this section
and assigned control number 3069–0003
with an expiration date of January 31,
2003)’’ at the end of each section.
I
8. Amend §§ 926.4, 926.5, and 926.6 by
removing the parenthetical ‘‘(The Office
of Management and Budget has
approved the information collection
requirements contained in this section
and assigned control number 3069–0005
with an expiration date of November 30,
2002)’’ at the end of each section.
I
PART 931—FEDERAL HOME LOAN
BANK CAPITAL STOCK
Authority: 1422a(a)(3), 1422b(a)(1), 1426,
1429, 1430, 1430b, and 1431.
9. The authority citation for part 931
continues to read as follows:
§ 950.17
I
I
The Chairperson will appoint an
Outreach Advocate who will be
responsible for program advocacy,
oversight, and monitoring. In addition,
the Outreach Advocate will be
responsible for providing the Finance
Board with technical assistance and
guidance to facilitate identifying and
soliciting participation in the
contracting process of minorities,
women, and individuals with
disabilities, and businesses
unconditionally owned by them.
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PART 925—MEMBERS OF THE BANKS
Authority: 12 U.S.C. 1422a(a)(3), 1422b(a),
1426, 1440, 1443, and 1446.
§ 931.3
[Amended]
10. Amend § 931.3 by removing the
parenthetical ‘‘(The Office of
Management and Budget has approved
the information collection requirements
contained in this section and assigned
control number 3069–0059 with an
expiration date of November 30, 2003)’’
at the end of the section.
I
PO 00000
Frm 00010
Fmt 4700
Sfmt 4700
PART 950—ADVANCES
16. The authority citation for part 950
continues to read as follows:
[Amended]
17. Amend § 950.17 by removing the
parenthetical ‘‘(The Office of
Management and Budget has approved
the information collection requirements
contained in this section and assigned
control number 3069–0005 with an
expiration date of November 30, 2002)’’
at the end of the section.
I
PART 951—AFFORDABLE HOUSING
PROGRAM
18. The authority citation for part 951
continues to read as follows:
I
E:\FR\FM\28FER1.SGM
28FER1
Federal Register / Vol. 70, No. 38 / Monday, February 28, 2005 / Rules and Regulations
Authority: 12 U.S.C. 1430(j).
§§ 951.1, 951.3, 951.4, 951.6, 951.7, 951.8,
951.10, 951.11, 951.13, and 951.15
[Amended]
19. Amend §§ 951.1, 951.3, 951.4,
951.6, 951.7, 951.8, 951.10, 951.11,
951.13, and 951.15 by removing the
parenthetical ‘‘(The Office of
Management and Budget has approved
the information collection requirements
contained in this section and assigned
control number 3069–0006 with an
expiration date of June 30, 2004)’’ at the
end of each section.
I
Dated: February 9, 2005.
By the Board of Directors of the Federal
Housing Finance Board.
Ronald A. Rosenfeld,
Chairman.
[FR Doc. 05–3718 Filed 2–25–05; 8:45 am]
BILLING CODE 6725–01–P
DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration
14 CFR Part 39
[Docket No. FAA–2005–20424; Directorate
Identifier 2004–NM–268–AD; Amendment
39–13986; AD 2005–04–14]
RIN 2120–AA64
Airworthiness Directives; Boeing
Model 757–200, 757–200CB, and 757–
200PF Series Airplanes Equipped With
Rolls Royce Model RB211 Engines
Federal Aviation
Administration (FAA), Department of
Transportation (DOT).
ACTION: Final rule; request for
comments.
AGENCY:
SUMMARY: The FAA is superseding an
existing airworthiness directive (AD)
that applies to certain Boeing Model
757–200, 757–200CB, and 757–200PF
series airplanes. The existing AD
currently requires repetitive detailed
inspections to detect horizontal or
vertical movement of the shims at the
joint of the mid-bulkhead and the upper
link fittings, and corrective action if
necessary; or certain alternative actions
that terminate the requirement for the
repetitive inspections. This new AD
continues to require those repetitive
inspections; decreases the allowable
tolerance for shim migration; and adds
new repetitive detailed inspections for
cracking of the entire mid-bulkhead,
and repair if necessary. This new AD
also adds additional airplanes to the
applicability of the AD. This AD is
prompted by reports of cracks in the
mid-bulkhead lower vertical flange
VerDate jul<14>2003
16:26 Feb 25, 2005
Jkt 205001
common to the lower chord and
stiffener and reports of cracking at other
locations on the mid-bulkhead. We are
issuing this AD to detect and correct
migration of shims at the joint of the
mid-bulkhead and the upper link
fittings and cracking of the midbulkhead, which could result in
cracking of the strut and consequent
loss of the strut and engine.
DATES: Effective March 15, 2005.
The incorporation by reference of
Boeing Service Bulletin 757–54A0039,
Revision 2, dated December 2, 2004; and
Boeing Service Bulletin 757–54A0039,
Revision 3, dated January 13, 2005; as
listed in the AD are approved by the
Director of the Federal Register as of
March 15, 2005.
On April 18, 2003 (68 FR 16200, April
3, 2003), the Director of the Federal
Register approved the incorporation by
reference of Boeing Alert Service
Bulletin 757–54A0039, Revision 1,
dated June 20, 2002.
We must receive any comments on
this AD by April 29, 2005.
ADDRESSES: Use one of the following
addresses to submit comments on this
AD.
• DOT Docket Web Site: Go to
https://dms.dot.gov and follow the
instructions for sending your comments
electronically.
• Government-Wide Rulemaking Web
Site: Go to https://www.regulations.gov
and follow the instructions for sending
your comments electronically.
• Mail: Docket Management Facility;
U.S. Department of Transportation, 400
Seventh Street, SW., Nassif Building,
room PL–401, Washington, DC 20590.
• Fax: (202) 493–2251.
• Hand Delivery: Room PL–401 on
the plaza level of the Nassif Building,
400 Seventh Street, SW., Washington,
DC, between 9 a.m. and 5 p.m., Monday
through Friday, except Federal holidays.
For service information identified in
this AD, contact Boeing Commercial
Airplanes, P.O. Box 3707, Seattle,
Washington 98124–2207. You can
examine this information at the National
Archives and Records Administration
(NARA). For information on the
availability of this material at NARA,
call (202) 741–6030, or go to: https://
www.archives.gov/federal_register/
code_of_federal_regulations/
ibr_locations.html.
You can examine the contents of this
AD docket on the Internet at https://
dms.dot.gov, or in person at the Docket
Management Facility, U.S. Department
of Transportation, 400 Seventh Street,
SW., room PL–401, on the plaza level of
the Nassif Building, Washington, DC.
This docket number is FAA–2005–
PO 00000
Frm 00011
Fmt 4700
Sfmt 4700
9511
20424; the directorate identifier for this
docket is 2004–NM–268–AD.
Examining the Docket
You can examine the AD docket on
the Internet at https://dms.dot.gov, or in
person at the Docket Management
Facility office between 9 a.m. and 5
p.m., Monday through Friday, except
Federal holidays. The Docket
Management Facility office (telephone
(800) 647–5227) is located on the plaza
level of the Nassif Building at the DOT
street address stated in the ADDRESSES
section. Comments will be available in
the AD docket shortly after the DMS
receives them.
FOR FURTHER INFORMATION CONTACT:
Dennis Stremick, Aerospace Engineer,
Airframe Branch, ANM–120S, FAA,
Seattle Aircraft Certification Office,
1601 Lind Avenue, SW., Renton,
Washington 98055–4056; telephone
(425) 917–6450; fax (425) 917–6590.
On March
26, 2003, we issued AD 2003–07–08,
amendment 39–13104 (68 FR 16200,
April 3, 2003). That AD applies to
certain Boeing Model 757–200, 757–
200CB, and 757–200PF series airplanes.
That AD requires repetitive detailed
inspections to detect horizontal or
vertical movement of the shims at the
joint of the mid-bulkhead and the upper
link fittings, and corrective action if
necessary; or certain alternative actions
that terminate the requirement for the
repetitive inspections. That AD was
prompted by reports of cracks in the
mid-bulkhead lower vertical flange
common to the lower chord and
stiffener and reports of cracking at other
locations on the mid-bulkhead on
certain Boeing Model 757–200, 757–
200CB, and 757–200PF series airplanes.
The actions specified in that AD are
intended to detect and correct migration
of shims at the joint of the midbulkhead and the upper link fittings,
which could result in cracking of the
strut and consequent loss of the strut
and engine.
SUPPLEMENTARY INFORMATION:
Actions Since AD Was Issued
Since we issued that AD, we have
received reports of cracking of the midbulkhead in the lower horizontal flange
common to the lower chord. We have
also received several reports of cracking
of the mid-bulkhead in the lower
vertical flange common to the lower
chord and stiffener and at other areas
remote from the lower flanges. Cracking
of the mid-bulkhead could result in
cracking of the strut and consequent
loss of the strut and engine.
E:\FR\FM\28FER1.SGM
28FER1
]]>Agencies
[Federal Register Volume 70, Number 38 (Monday, February 28, 2005)]
[Rules and Regulations]
[Pages 9507-9511]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-3718]
=======================================================================
-----------------------------------------------------------------------
FEDERAL HOUSING FINANCE BOARD
12 CFR Parts 905, 906, 925, 926, 931, 933, 944, 950, and 951
[No. 2005-03]
RIN 3069-AB29
Amendments to the Contractor Outreach Program for Businesses
Owned by Minorities, Women, or Individuals With Disabilities
AGENCY: Federal Housing Finance Board.
ACTION: Final rule.
-----------------------------------------------------------------------
SUMMARY: The Federal Housing Finance Board (Finance Board) is updating
its regulation establishing a minority contractors outreach program to
reflect changes in the agency's procurement process and organization,
to include individuals with disabilities, and to make general editorial
changes intended to simplify the rule. The Finance Board also is adding
a new section to its Description of Organization and Functions
regulation listing the control numbers and expiration dates for all
agency information collections approved by the Office of Management and
Budget (OMB) under the Paperwork Reduction Act of 1995 (PRA).
DATES: The final rule will become effective on March 30, 2005.
FOR FURTHER INFORMATION CONTACT: Charles E. McLean, Outreach Advocate,
by electronic mail at mcleanc@fhfb.gov, by telephone at (202) 408-2537,
by facsimile at (202) 408-2850; David A. Lee, Associate Director, Human
Resources and Administration Division, Office of Management, by
electronic mail at leed@fhfb.gov, by telephone at (202) 408-2514, by
facsimile at (202) 408-2530; or Janice A. Kaye, Senior Attorney-
Advisor, Office of General Counsel, by electronic mail at
kayej@fhfb.gov, by telephone at (202) 408-2505, by facsimile at (202)
408-2580. You can send regular mail to the Federal Housing Finance
Board, 1777 F Street, NW., Washington, DC 20006.
SUPPLEMENTARY INFORMATION:
I. Minorities, Women and Individuals With Disabilities Contractor
Outreach Program
A. Statutory and Regulatory Background
In 1989, Congress enacted a law requiring the Finance Board and
other federal banking agencies to adopt regulations intended ``to
ensure inclusion, to the maximum extent possible, of minorities and
women, and entities owned by minorities and women * * * in all
contracts entered into by the agency. * * * '' See 12 U.S.C. 1833e(c).
In response, the Finance Board adopted a rule establishing a minority
contractors outreach program.\1\ The purpose of the outreach program is
to identify and solicit the participation of businesses owned by
minorities or women in the Finance Board's procurement process.
---------------------------------------------------------------------------
\1\ See 12 CFR 906.5.
---------------------------------------------------------------------------
The Finance Board has not revised its contractor outreach program
since 1993.\2\ Under the current rule, the outreach program
procedurally is more complex than necessary for an agency the size of
the Finance Board. It also has been less effective in practice than
anticipated in achieving the goal of increased participation by
minority- and women-owned businesses in agency contracts. Additionally,
since adoption of the rule in 1993, the Finance Board's contracting
process and general organization have changed. This final rule will
streamline the outreach program in an effort to improve its
effectiveness and also update it to reflect the changes in agency
organization and practice.
---------------------------------------------------------------------------
\2\ 58 FR 19195 (April 13, 1993).
---------------------------------------------------------------------------
While not required by statute, the Finance Board is extending
coverage of the outreach program to businesses owned by individuals
with disabilities. This is consistent with the intent of the
Rehabilitation Act of 1973, which, among other things, requires
agencies to enhance the prospects for federal employment of qualified
individuals with disabilities.\3\ It also advances the goals of an
Executive Order issued by the President on October 20, 2004, which is
intended to strengthen opportunities in federal contracting for service
disabled veterans.\4\ Other agencies subject to the contractor outreach
requirement have included businesses owned by individuals with
disabilities in their program.\5\
---------------------------------------------------------------------------
\3\ See 29 U.S.C. 701 et seq.
\4\ E.O. 13360, 69 FR 62549 (Oct. 26, 2004).
\5\ See, e.g., 12 CFR 4.61-4.66 (Office of the Comptroller of
the Currency).
---------------------------------------------------------------------------
The Finance Board also is making general editorial changes intended
to simplify the rule and is using a more user-friendly question-and-
answer format. While the Finance Board is adopting these changes in the
form of a final rule, comments on ways to improve the outreach program
are encouraged.
B. Analysis of the Final Rule
1. Purpose
Section 906.10 explains why the Finance Board has a contractor
outreach program. Consistent with the principles of full and open
competition and best value acquisition, the purpose of the outreach
program is to ensure that businesses owned by minorities, women, and
individuals with disabilities have the opportunity to participate to
the full extent possible in all Finance Board contracts.
2. Participants
Section 906.11 explains who can participate in the contractor
outreach program. The definition of the term ``minority'' is based on
guidance provided by the Equal Employment Opportunity Commission (EEOC)
concerning the collection and presentation of data on race and
ethnicity.\6\ The rule adopts by reference the definition of the term
``disability'' used by the EEOC for purposes of the Rehabilitation Act
of 1973.\7\ Under this EEOC definition, an individual with a disability
generally means any person who has a physical or mental impairment that
substantially limits one or more of such person's major life
activities, has a record of such an impairment, or is regarded as
having such an impairment.
---------------------------------------------------------------------------
\6\ EEOC guidance is available at: https://www.eeoc.gov/stats/
census/race_ethnic_data.html.
\7\ See 29 CFR 1630.2(g) and 1630.3.
---------------------------------------------------------------------------
To ensure that the benefits of the program inure to minorities,
women,
[[Page 9508]]
and individuals with disabilities, the rule requires that participating
businesses be unconditionally owned by one or more minorities, women,
or individuals with disabilities. For purposes of the outreach program,
``unconditionally owned'' means ownership of at least 51 percent of a
business by one or more members of a minority group, women, or
individuals with disabilities. In the case of a corporation, it means
ownership of at least 51 percent of each class of voting stock. In the
case of a partnership, it means ownership of at least 51 percent of the
partnership interest. This definition of unconditional ownership is
consistent with the definition used by other agencies subject to the
contractor outreach requirement.\8\
---------------------------------------------------------------------------
\8\ See, e.g., 12 CFR 4.62(c) and (e) (Office of the Comptroller
of the Currency).
---------------------------------------------------------------------------
3. How the Outreach Program Works
Section 906.12 includes the elements of the outreach program. Under
the program, the Finance Board will identify and solicit the
participation in agency contracts of businesses owned by minorities,
women, and individuals with disabilities. To identify businesses, the
Finance Board will review contact lists provided by Federal agencies,
trade groups, and other organizations, advertise contracting
opportunities through targeted media, and participate in targeted
business promotion events. After identifying businesses, the Finance
Board will provide information about, and technical assistance to
participate in, the contracting process. The Finance Board also will
ensure that personnel involved in the contracting process understand
and promote the outreach program.
4. Program Monitoring and Oversight
To maintain the effectiveness of the outreach program, Sec. 906.13
requires the appointment of an ``Outreach Advocate'' who will be
responsible for program advocacy, oversight, and monitoring. In
addition, the Outreach Advocate will be responsible for providing the
Finance Board with technical assistance and guidance on how best to
facilitate the participation in the contracting process of minorities,
women, and individuals with disabilities, and businesses
unconditionally owned by them.
II. Paperwork Reduction Act Control Numbers
Under the PRA and the OMB implementing regulation, an agency may
not sponsor or conduct, and a person is not required to respond to, an
information collection unless the regulation collecting the information
displays a currently valid OMB control number. See 44 U.S.C. 3507; 5
CFR 1320.5 and 1320.8. Currently, the expiration date of the OMB
control numbers for Finance Board collections of information are
scattered throughout the agency's regulations. For ease of reference,
the Finance Board is changing how it provides information about OMB
control numbers. The Finance Board now will display the OMB control
numbers and expiration dates for all agency collections of information
in chart form in a single new section--12 CFR 905.27--that will be
updated as necessary. This reorganization makes no substantive changes
to any of the information collections.
III. Notice, Public Participation, and Effective Date
The notice and publication requirements of the Administrative
Procedure Act do not apply because this rule concerns only agency
organization, procedure, or practice. See 5 U.S.C. 553(b)(3)(A).
Therefore, the Finance Board is publishing these changes in the form of
a final rule. As previously noted, however, the Finance Board welcomes
suggestions for how to improve the contractor outreach program.
IV. Regulatory Flexibility Act
The Finance Board is adopting these amendments in the form of a
final rule and not as a proposed rule. Therefore, the provisions of the
Regulatory Flexibility Act do not apply. See 5 U.S.C. 601(2) and
603(a).
V. Paperwork Reduction Act
The final rule does not contain any collections of information
under the Paperwork Reduction Act of 1995. See 44 U.S.C. 3501 et seq.
Consequently, the Finance Board has not submitted any information to
OMB for review.
List of Subjects
12 CFR Part 905
Federal home loan banks, Organization and functions (Government
agencies).
12 CFR Part 906
Assessments, Federal home loan banks, Government contracts,
Mortgages, Reporting and recordkeeping requirements, Women and minority
businesses.
12 CFR Part 925
Credit, Federal home loan banks, Reporting and recordkeeping
requirements.
12 CFR Part 926
Credit, Federal home loan banks, Reporting and recordkeeping
requirements.
12 CFR Part 931
Capital, Credit, Federal home loan banks, Investments, Reporting
and recordkeeping requirements.
12 CFR Part 933
Capital, Credit, Federal home loan banks, Investments, Reporting
and recordkeeping requirements.
12 CFR Part 944
Credit, Federal home loan banks, Intergovernmental relations, Trade
practices.
12 CFR Part 950
Credit, Federal home loan banks, Housing, Reporting and
recordkeeping requirements.
12 CFR Part 951
Community development, Credit, Federal home loan banks, Housing,
Reporting and recordkeeping requirements.
0
For the reasons stated in the preamble, the Finance Board amends 12
CFR, chapter IX, as follows:
PART 905--DESCRIPTION OF ORGANIZATION AND FUNCTIONS
0
1. Revise the authority citation for part 905 to read as follows:
Authority: 5 U.S.C. 552; 12 U.S.C. 1422b(a) and 1423; 44 U.S.C.
3507; 5 CFR 1320.5 and 1320.8.
0
2. Add Sec. 905.27 to read as follows:
Sec. 905.27 OMB control numbers assigned under the Paperwork
Reduction Act.
(a) Purpose. This section collects and displays the control numbers
assigned to information collection requirements contained in Finance
Board regulations by the Office of Management and Budget (OMB) under
the Paperwork Reduction Act of 1995 (44 U.S.C. chapter 35) and OMB
regulations (5 CFR 1320.5 and 1320.8). The Finance Board may not
sponsor or conduct, and a person is not required to respond to, an
information collection unless the agency displays a currently valid OMB
control number.
(b) Display.
------------------------------------------------------------------------
12 CFR part or section where OMB
identified and described control No. Expiration date
------------------------------------------------------------------------
906.5............................... 3069-0001 July 2007.
915.3............................... 3069-0002 Nov. 2007.
915.4............................... 3069-0002 Nov. 2007.
[[Page 9509]]
915.5............................... 3069-0002 Nov. 2007.
915.6............................... 3069-0002 Nov. 2007.
915.7............................... 3069-0002 Nov. 2007.
915.8............................... 3069-0002 Nov. 2007.
915.10.............................. 3069-0002 Nov. 2007.
915.12.............................. 3069-0002 Nov. 2007.
925.2............................... 3069-0004 May 2007.
925.3............................... 3069-0004 May 2007.
925.5............................... 3069-0004 May 2007.
925.6............................... 3069-0004 May 2007.
925.7............................... 3069-0004 May 2007.
925.8............................... 3069-0004 May 2007.
925.9............................... 3069-0004 May 2007.
925.11.............................. 3069-0004 May 2007.
925.12.............................. 3069-0004 May 2007.
925.13.............................. 3069-0004 May 2007.
925.15.............................. 3069-0004 May 2007.
925.16.............................. 3069-0004 May 2007.
925.17.............................. 3069-0004 May 2007.
925.18.............................. 3069-0004 May 2007.
925.22.............................. 3069-0004 May 2007.
925.24.............................. 3069-0004 May 2007.
925.26.............................. 3069-0004 May 2007.
925.31.............................. 3069-0004 May 2007.
926.1............................... 3069-0005 Nov. 2005.
926.2............................... 3069-0005 Nov. 2005.
926.3............................... 3069-0005 Nov. 2005.
926.4............................... 3069-0005 Nov. 2005.
926.5............................... 3069-0005 Nov. 2005.
926.6............................... 3069-0005 Nov. 2005.
931.3............................... 3069-0059 Feb. 2007.
931.7............................... 3069-0004 May 2007.
933.2............................... 3069-0059 Feb. 2007.
944.2............................... 3069-0003 Feb. 2006.
944.3............................... 3069-0003 Feb. 2006.
944.4............................... 3069-0003 Feb. 2006.
944.5............................... 3069-0003 Feb. 2006.
950.17.............................. 3069-0005 Nov. 2005.
951.1............................... 3069-0006 July 2007.
951.3............................... 3069-0006 July 2007.
951.4............................... 3069-0006 July 2007.
951.6............................... 3069-0006 July 2007.
951.7............................... 3069-0006 July 2007.
951.8............................... 3069-0006 July 2007.
951.10.............................. 3069-0006 July 2007.
951.11.............................. 3069-0006 July 2007.
951.13.............................. 3069-0006 July 2007.
951.15.............................. 3069-0006 July 2007.
955.4............................... 3069-0058 Mar. 2007.
------------------------------------------------------------------------
0
3. Revise part 906 to read as follows:
PART 906--OPERATIONS
Subpart A--Assessments on the Banks
Sec.
906.1 Assessment authority.
906.2 Assessment procedure.
Subpart B--Monthly Interest Rate Survey (MIRS)
906.5 Monthly interest rate survey.
Subpart C--Contractor Outreach Program for Businesses Owned by
Minorities, Women, or Individuals With Disabilities
906.10 Why does the Finance Board have this outreach program?
906.11 Who may participate in the outreach program?
906.12 What outreach efforts are included in this program?
906.13 How does the Finance Board oversee and monitor the outreach
program?
Authority: 12 U.S.C. 1422b, 1438(b), and 1833e.
Subpart A--Assessments on the Banks
Sec. 906.1 Assessment authority.
The Finance Board may impose a semiannual assessment on the Banks
in an aggregate amount the Finance Board determines is sufficient to
provide for the payment of its estimated expenses for the period for
which it makes such assessment.
Sec. 906.2 Assessment procedure.
(a) At or near the end of each fiscal year, the Finance Board shall
approve an annual budget of Finance Board expenses for the next fiscal
year. The Finance Board shall promptly provide a copy of the approved
budget to each Bank president.
(b) The Finance Board shall assess the Banks semiannually in an
aggregate amount it determines is sufficient to pay the expenses
approved under paragraph (a) of this section. The Finance Board shall
offset the amount of the semiannual assessments it imposes on the Banks
by any amount it determines is remaining from previous semiannual
assessments. The Finance Board shall promptly notify each Bank
president in writing of the amount on any assessment.
(c) Each Bank shall pay a pro rata share of the semiannual
assessments imposed under paragraph (b) of this section. The Finance
Board shall calculate each Bank's pro rata share based on the ratio
between the total paid-in value of the Bank's capital stock and the
aggregate total paid-in value of the capital stock of every Bank. The
Finance Board shall promptly notify each Bank in writing of the amount
of its pro rata share of any semiannual assessment.
(d) Unless otherwise instructed in writing by the Finance Board,
each Bank shall pay to the Finance Board its pro rata share of an
assessment in equal monthly installments during the semiannual period
covered by the assessment.
Subpart B--Monthly Interest Rate Survey (MIRS)
Sec. 906.5 Monthly interest rate survey.
The Finance Board conducts its Monthly Survey of Rates and Terms on
Conventional One-Family Non-farm Mortgage Loans in the following
manner:
(a) Initial survey. Each month, the Finance Board samples savings
institutions, commercial banks, and mortgage loan companies, and asks
them to report the terms and conditions on all conventional mortgages
(i.e., those not federally insured or guaranteed) used to purchase
single-family homes that each such lender closes during the last five
working days of the month. In most cases, the information is reported
electronically in a format similar to Finance Board Form FHFB 10-91.
The initial weights are based on lender type and lender size. The data
also is weighted so that the pattern of weighted responses matches the
actual pattern of mortgage originations by lender type and by region.
The Finance Board tabulates the data and publishes standard data tables
late in the following month.
(b) Adjustable-rate mortgage index. The weighted data, tabulated
and published pursuant to paragraph (a) of this section, is used to
compile the Finance Board's adjustable-rate mortgage index, entitled
the ``National Average Contract Mortgage Rate for the Purchase of
Previously Occupied Homes by Combined Lenders.'' This index is the
successor to the index maintained by the former Federal Home Loan Bank
Board and is used for determining the movement of the interest rate on
renegotiable-rate mortgages and on some other adjustable-rate
mortgages.
Subpart C--Contractor Outreach Program for Businesses Owned by
Minorities, Women, or Individuals With Disabilities
Sec. 906.10 Why does the Finance Board have this outreach program?
The Finance Board awards contracts consistent with the principles
of full and open competition and best value acquisition. The purpose of
this outreach program is to ensure that minorities, women, and
individuals with disabilities, and businesses unconditionally owned by
them, have the maximum practicable opportunity to participate fully in
all contracts awarded by the Finance Board.
Sec. 906.11 Who may participate in the outreach program?
Minorities, women, and individuals with disabilities, and
businesses unconditionally owned by them, may participate in the
outreach program. As used in this subpart:
(a) Disability with respect to an individual has the same meaning
as defined by the Equal Employment Opportunity Commission at 29 CFR
1630.2(g) and 1630.3.
(b) Minority means Black or African American, American Indian or
Alaska
[[Page 9510]]
Native, Hispanic or Latino American, Asian American, and Native
Hawaiian or Other Pacific Islander.
(c) Unconditional ownership means ownership of at least 51 percent
of a business by one or more members of a minority group, women, or
individuals with disabilities. In the case of a corporation, it means
ownership of at least 51 percent of each class of voting stock. In the
case of a partnership, it means ownership of at least 51 percent of the
partnership interest.
Sec. 906.12 What outreach efforts are included in this program?
The Finance Board's outreach program includes the following:
(a) Identifying businesses unconditionally owned by minorities,
women, and individuals with disabilities by obtaining lists and
directories that may be maintained by government agencies, trade
groups, and other organizations;
(b) Contacting businesses unconditionally owned by minorities,
women, and individuals with disabilities to provide information about,
and technical assistance to participate in, the Finance Board
contracting process;
(c) Advertising contracting opportunities with the Finance Board
through media targeted to reach businesses unconditionally owned by
minorities, women, and individuals with disabilities;
(d) Participating, to the extent practicable, in events such as
conventions, seminars, and professional meetings that are intended
primarily to promote business opportunities for minorities, women, and
individuals with disabilities, and businesses unconditionally owned by
them; and
(e) Ensuring that Finance Board contracting staff understand and
promote the outreach program.
Sec. 906.13 How does the Finance Board oversee and monitor the
outreach program?
The Chairperson will appoint an Outreach Advocate who will be
responsible for program advocacy, oversight, and monitoring. In
addition, the Outreach Advocate will be responsible for providing the
Finance Board with technical assistance and guidance to facilitate
identifying and soliciting participation in the contracting process of
minorities, women, and individuals with disabilities, and businesses
unconditionally owned by them.
PART 925--MEMBERS OF THE BANKS
0
4. The authority citation for part 925 continues to read as follows:
Authority: 12 U.S.C. 1422, 1422a, 1422b, 1423, 1424, 1426, 1430,
and 1442.
Sec. Sec. 925.2, 925.3, 925.5, 925.6, 925.7, 925.8, 925.9, 925.11,
925.12, 925.13, 925.15, 925.16, 925.17, 925.18, 925.22, and
925.31 [Amended]
0
5. Amend Sec. Sec. 925.2, 925.3, 925.5, 925.6, 925.7, 925.8, 925.9,
925.11, 925.12, 925.13, 925.15, 925.16, 925.17, 925.18, 925.22, and
925.31 by removing the parenthetical ``(The information collection
requirements contained in this section have been approved by the Office
of Management and Budget under control number 3069-0004)'' at the end
of each section.
Sec. Sec. 925.24 and 925.26 [Amended]
0
6. Amend Sec. Sec. 925.24 and 925.26 by removing the parenthetical
``(The Office of Management and Budget has approved the information
collection requirements contained in this section and assigned control
number 3069-0004 with an expiration date of April 30, 2001)'' at the
end of each section.
PART 926--FEDERAL HOME LOAN BANK HOUSING ASSOCIATES
0
7. The authority citation for part 926 continues to read as follows:
Authority: 12 U.S.C. 1422b(a) and 1430b.
Sec. Sec. 926.4, 926.5, and 926.6 [Amended]
0
8. Amend Sec. Sec. 926.4, 926.5, and 926.6 by removing the
parenthetical ``(The Office of Management and Budget has approved the
information collection requirements contained in this section and
assigned control number 3069-0005 with an expiration date of November
30, 2002)'' at the end of each section.
PART 931--FEDERAL HOME LOAN BANK CAPITAL STOCK
0
9. The authority citation for part 931 continues to read as follows:
Authority: 12 U.S.C. 1422a(a)(3), 1422b(a), 1426, 1440, 1443,
and 1446.
Sec. 931.3 [Amended]
0
10. Amend Sec. 931.3 by removing the parenthetical ``(The Office of
Management and Budget has approved the information collection
requirements contained in this section and assigned control number
3069-0059 with an expiration date of November 30, 2003)'' at the end of
the section.
Sec. 931.7 [Amended]
0
11. Amend Sec. 931.7 by removing the parenthetical ``(The Office of
Management and Budget has approved the information collection
requirements contained in this section and assigned control number
3069-0004 with an expiration date of April 30, 2001)'' at the end of
the section.
PART 933--BANK CAPITAL STRUCTURE PLANS
0
12. The authority citation for part 933 continues to read as follows:
Authority: 12 U.S.C. 1422a(a)(3), 1422b(a), 1426, 1440, 1443,
and 1446.
Sec. 933.2 [Amended]
0
13. Amend Sec. 933.2 by removing the parenthetical ``(The Office of
Management and Budget has approved the information collection
requirements contained in this section and assigned control number
3069-0059 with an expiration date of November 30, 2003)'' at the end of
the section.
PART 944--COMMUNITY SUPPORT REQUIREMENTS
0
14. The authority citation for part 944 continues to read as follows:
Authority: 12 U.S.C. 1422a(a)(3)(B), 1422b(a)(1), and 1430(g).
Sec. Sec. 944.2, 944.3, 944.4, and 944.5 [Amended]
0
15. Amend Sec. Sec. 944.2, 944.3, 944.4, and 944.5 by removing the
parenthetical ``(The Office of Management and Budget has approved the
information collection requirements contained in this section and
assigned control number 3069-0003 with an expiration date of January
31, 2003)'' at the end of each section.
PART 950--ADVANCES
0
16. The authority citation for part 950 continues to read as follows:
Authority: 1422a(a)(3), 1422b(a)(1), 1426, 1429, 1430, 1430b,
and 1431.
Sec. 950.17 [Amended]
0
17. Amend Sec. 950.17 by removing the parenthetical ``(The Office of
Management and Budget has approved the information collection
requirements contained in this section and assigned control number
3069-0005 with an expiration date of November 30, 2002)'' at the end of
the section.
PART 951--AFFORDABLE HOUSING PROGRAM
0
18. The authority citation for part 951 continues to read as follows:
[[Page 9511]]
Authority: 12 U.S.C. 1430(j).
Sec. Sec. 951.1, 951.3, 951.4, 951.6, 951.7, 951.8, 951.10, 951.11,
951.13, and 951.15 [Amended]
0
19. Amend Sec. Sec. 951.1, 951.3, 951.4, 951.6, 951.7, 951.8, 951.10,
951.11, 951.13, and 951.15 by removing the parenthetical ``(The Office
of Management and Budget has approved the information collection
requirements contained in this section and assigned control number
3069-0006 with an expiration date of June 30, 2004)'' at the end of
each section.
Dated: February 9, 2005.
By the Board of Directors of the Federal Housing Finance Board.
Ronald A. Rosenfeld,
Chairman.
[FR Doc. 05-3718 Filed 2-25-05; 8:45 am]
BILLING CODE 6725-01-P
