New Addresses, 12583 [05-5053]

Download as PDF 12583 Rules and Regulations Federal Register Vol. 70, No. 49 Tuesday, March 15, 2005 This section of the FEDERAL REGISTER contains regulatory documents having general applicability and legal effect, most of which are keyed to and codified in the Code of Federal Regulations, which is published under 50 titles pursuant to 44 U.S.C. 1510. The Code of Federal Regulations is sold by the Superintendent of Documents. Prices of new books are listed in the first FEDERAL REGISTER issue of each week. impose under the Farm Credit Act of 1971, as amended (Farm Credit Act), and under the National Flood Insurance Reform Act of 1994 (Reform Act). The Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Debt Collection Improvement Act of 1996, requires all Federal agencies with the authority to impose CMPs to evaluate those CMPs periodically to ensure that they continue to maintain their deterrent value. FEDERAL LABOR RELATIONS AUTHORITY EFFECTIVE DATE: 5 CFR Chapter XIV FOR FURTHER INFORMATION CONTACT: The regulation will become effective on March 16, 2005. New Addresses Federal Labor Relations Authority. ACTION: Final rule; correction. AGENCY: SUMMARY: On March 9, 2005 (70 FR 11535), a final rule was published announcing the relocation of the Boston Regional Office of the Federal Labor Relations Authority effective March 21, 2005. However, the moving date of the Boston Regional Office has been delayed and the relocation will be effective April 25, 2005. DATES: Effective Date: March 9, 2005. FOR FURTHER INFORMATION CONTACT: Yvonne Thomas, Director, Administrative Services Division, Federal Labor Relations Authority, 1400 K Street, NW., Washington, DC 20424– 0001; (202) 218–7750. Dated: March 10, 2005. Yvonne Thomas, Director, Administrative Services Division. [FR Doc. 05–5053 Filed 3–10–05; 12:59 pm] BILLING CODE 6727–01–P FARM CREDIT ADMINISTRATION 12 CFR Part 622 Mark L. Johansen, Senior Policy Analyst, Office of Policy and Analysis, Farm Credit Administration, McLean, VA 22102–5090, (703) 883–4498, TTY (703) 883–4434; or Wendy R. Laguarda, Senior Counsel, or Rebecca S. Orlich, Senior Attorney, Office of General Counsel, Farm Credit Administration, McLean, VA 22102–5090, (703) 883–4020, TTY (703) 883–4020. SUPPLEMENTARY INFORMATION: I. Background A. Federal Civil Penalties Inflation Adjustment Act of 1990, as Amended The Federal Civil Penalties Inflation Adjustment Act of 1990 (FCPIA Act),1 as amended by the Debt Collection Improvement Act of 1996 (DCIA),2 requires every Federal agency with authority to issue CMPs 3 to enact regulations that adjust its CMPs pursuant to the inflation adjustment formula in section 5(b) of the FCPIA Act. Each Federal agency was required to issue these regulations by October 23, 1996, and adjust when necessary at least once every 4 years thereafter. Section 6 of the amended FCPIA Act specifies that inflation-adjusted CMPs will apply only to violations that occur after the effective date of the adjustment. The inflation adjustment is based on the percentage increase in the Consumer RIN 3052–AC28 Rules of Practice and Procedure; Adjusting Civil Money Penalties for Inflation Farm Credit Administration. ACTION: Final rule. AGENCY: SUMMARY: This regulation implements cost-of-living adjustments to civil money penalties (CMPs) that the Farm Credit Administration (FCA) may VerDate jul<14>2003 13:39 Mar 14, 2005 Jkt 205001 1 Pub. L. 101–410, 104 Stat. 890 (October 5, 1990), codified at 28 U.S.C. 2461 note. 2 Pub. L. 104–134, title III, section 31001(s), 110 Stat. 1321–373 (April 26, 1996), codified at 28 U.S.C. 2461 note. 3 Section 3(2) of the amended FCPIA Act defines a CMP as any penalty, fine, or other sanction that: (1) Either is for a specific monetary amount as provided by Federal law or has a maximum amount provided for by Federal law; (2) is assessed or enforced by an agency pursuant to Federal law; and (3) is assessed or enforced pursuant to an administrative proceeding or a civil action in the Federal courts. PO 00000 Frm 00001 Fmt 4700 Sfmt 4700 Price Index (CPI).4 Specifically, section 5(b) of the FCPIA Act defines the term ‘‘cost-of-living adjustment’’ as ‘‘the percentage (if any) for each civil monetary penalty by which (1) the Consumer Price Index for the month of June of the calendar year preceding the adjustment, exceeds (2) the Consumer Price Index for the month of June of the calendar year in which the amount of such civil monetary penalty was last set or adjusted pursuant to law.’’ Furthermore, the increase for each CMP that is adjusted for inflation must be rounded using a method prescribed by section 5(a) of the FCPIA Act. We made our last adjustments to CMPs issued under the Farm Credit Act in October 1996.5 B. CMPs Issued Under the Farm Credit Act The adjustment requirement affects two provisions of section 5.32(a) of the Farm Credit Act, which authorizes the FCA to impose CMPs on Farm Credit System (FCS or System) institutions and their related parties. Section 5.32(a) provides that any FCS institution or any officer, director, employee, agent, or other person participating in the conduct of the affairs of an FCS institution who violates the terms of a final order issued under section 5.25 or 5.26 of the Farm Credit Act must pay up to $1,000 per day for each day during which such violation continues. Orders issued under section 5.25 or 5.26 of the Farm Credit Act include temporary and permanent cease-and-desist orders. In addition, section 5.32(h) provides for the FCA to treat a directive issued under sections 4.3(b)(2), 4.3A(e), or 4.14A(i) of the Farm Credit Act as a final order issued under section 5.25 for purposes of assessing a CMP. Section 5.32(a) also states that ‘‘[a]ny such institution or person who violates any provision of the [Farm Credit] Act or any regulation issued under this Act shall forfeit and pay a civil penalty of not more that $500 per day for each day during which such violation continues.’’ The maximum 4 The CPI is published by the Department of Labor, Bureau of Statistics, and is available at its Web site: ftp://ftp.bls.gov/pub/special.requests/cpi/ cpiai.txt. 5 We made CMP adjustments in 2000 and rescinded them in 2002 pursuant to instructions from the General Accounting Office (now the Government Accountability Office). See 65 FR 46087 (July 27, 2000) and 67 FR 68931 (Nov. 14, 2002). E:\FR\FM\15MRR1.SGM 15MRR1

Agencies

[Federal Register Volume 70, Number 49 (Tuesday, March 15, 2005)]
[Rules and Regulations]
[Page 12583]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-5053]



========================================================================
Rules and Regulations
                                                Federal Register
________________________________________________________________________

This section of the FEDERAL REGISTER contains regulatory documents 
having general applicability and legal effect, most of which are keyed 
to and codified in the Code of Federal Regulations, which is published 
under 50 titles pursuant to 44 U.S.C. 1510.

The Code of Federal Regulations is sold by the Superintendent of Documents. 
Prices of new books are listed in the first FEDERAL REGISTER issue of each 
week.

========================================================================


Federal Register / Vol. 70, No. 49 / Tuesday, March 15, 2005 / Rules 
and Regulations

[[Page 12583]]



FEDERAL LABOR RELATIONS AUTHORITY

5 CFR Chapter XIV


New Addresses

AGENCY: Federal Labor Relations Authority.

ACTION: Final rule; correction.

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

SUMMARY: On March 9, 2005 (70 FR 11535), a final rule was published 
announcing the relocation of the Boston Regional Office of the Federal 
Labor Relations Authority effective March 21, 2005. However, the moving 
date of the Boston Regional Office has been delayed and the relocation 
will be effective April 25, 2005.

DATES: Effective Date: March 9, 2005.

FOR FURTHER INFORMATION CONTACT: Yvonne Thomas, Director, 
Administrative Services Division, Federal Labor Relations Authority, 
1400 K Street, NW., Washington, DC 20424-0001; (202) 218-7750.

    Dated: March 10, 2005.
Yvonne Thomas,
Director, Administrative Services Division.
[FR Doc. 05-5053 Filed 3-10-05; 12:59 pm]
BILLING CODE 6727-01-P