Notice of Regulatory Review, 53105-53106 [05-17656]

Download as PDF Federal Register / Vol. 70, No. 172 / Wednesday, September 7, 2005 / Proposed Rules information submitted to CCC during the previous October 1 through September 30 period. * * * * * 3. Revise § 1435.308(a) to read as follows: § 1435.308 entrants. Transfer of allocation, new (a) If a sugar beet or sugarcane processing facility is closed and the growers that delivered their crops to the closed facility elect to deliver their crops to another processor, the growers may petition the Executive Vice President, CCC, to transfer their share of the allocation from the processor that closed the facility to their new processor. If CCC determines to transfer the allocations, it will distribute the closed mill’s allocation based on the contribution of the growers’ production history to the closed mill’s allocation. CCC may grant the allocation transfer upon: (1) Written request by a grower to transfer allocation, (2) Written approval of the processing company that will accept the additional deliveries, and (3) Evidence satisfactory to CCC that the new processor has the capacity to accommodate the production of petitioning growers. * * * * * Signed in Washington, DC, on August 18, 2005. James R. Little, Executive Vice President, Commodity Credit Corporation. [FR Doc. 05–17684 Filed 9–6–05; 8:45 am] BILLING CODE 3410–05–P DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT Office of Federal Housing Enterprise Oversight 12 CFR Chap. XVII Notice of Regulatory Review Office of Federal Housing Enterprise Oversight, HUD. ACTION: Request for comments. AGENCY: SUMMARY: The Office of Federal Housing Enterprise Oversight (OFHEO) is issuing notice of a regulatory review that will be conducted in accordance with the process set forth in OFHEO Policy Guidance titled, ‘‘Regulatory Review,’’ which was issued on April 2, 2001 (Doc. #: PG–01–001) (Policy Guidance). OFHEO will review its regulations to consider whether existing regulations have become inefficient or create VerDate Aug<18>2005 15:04 Sep 06, 2005 Jkt 205001 unwarranted burden, and will identify possible revisions where such conditions are found. OFHEO is seeking public comment on its regulations for consideration in the regulatory review. DATES: Written comments on this Notice must be received no later than November 7, 2005. For additional information, see SUPPLEMENTARY INFORMATION. ADDRESSES: You may submit your comments to this Notice by any of the following methods: • U.S. Mail, United Parcel Post, Federal Express, or Other Mail Service: The mailing address for comments is: David A. Felt, Acting General Counsel, Attention: Comments/Notice of Regulatory Review, Office of Federal Housing Enterprise Oversight, Fourth Floor, 1700 G Street, NW., Washington, DC 20552. • Hand Delivery/Courier: The hand delivery address is: David A. Felt, Acting General Counsel, Attention: Comments/Notice of Regulatory Review, Office of Federal Housing Enterprise Oversight, Fourth Floor, 1700 G Street, NW., Washington, DC 20552. The package should be logged at the Guard Desk, First Floor, between 9 a.m. and 5 p.m. on business days. • E-mail: Comments to David A. Felt, Acting General Counsel, may be sent by e-mail at RegComments@OFHEO.gov. Please include the title, Notice of Regulatory Review, in the subject line of the message. Instructions: OFHEO requests that comments to this Notice include a reference to the title, Notice of Regulatory Review. OFHEO further requests that comments submitted in hard copy also be accompanied by the electronic version in Microsoft() Word or in portable document format (PDF) on 3.5″ disk. Please see the section, SUPPLEMENTARY INFORMATION, below, for additional information on the posting and viewing of comments. FOR FURTHER INFORMATION CONTACT: David A. Felt, Acting General Counsel, telephone (202) 414–3750 (not a toll-free number); or Tina Dion, Associate General Counsel, telephone (202) 414– 3838 (not a toll-free number); Office of Federal Housing Enterprise Oversight, Fourth Floor, 1700 G Street, NW., Washington, DC 20552. The telephone number for the Telecommunications Device for the Deaf is (800) 877–8339. SUPPLEMENTARY INFORMATION: Background The Federal Housing Enterprises Safety and Soundness Act of 1992, Title XIII of Pub. L. 102–550, empowers the Director of OFHEO to undertake PO 00000 Frm 00003 Fmt 4702 Sfmt 4702 53105 rulemaking and such other actions as the Director determines to be appropriate to oversee the activities and operations of Freddie Mac and Fannie Mae (the Enterprises). In the course of exercising such authority, the Director has promulgated regulations and issued guidelines and supervisory policies. OFHEO’s Policy Guidance http://www.ofheo.gov/ News.asp?formmode=Regulations creates a process for routine review and, where appropriate, revision of regulations by OFHEO. Such a process provides for planned reviews of the regulatory infrastructure and for considering information under uniform criteria that assists in determinations of whether an unnecessary burden exists. Once a review is completed, the Director will determine what steps may be necessary to relieve any unnecessary burden, including amendment to or repeal of existing regulations or issuance of less formal guidance. The General Counsel, as the OFHEO Regulatory Policy Officer, is charged with undertaking the regulatory review and reporting findings and recommendations to the Director. The review process will be conducted by the Office of General Counsel, under the direction of the General Counsel, and will include internal consultation with other OFHEO offices and staff, guidance provided by the Director, as well as consideration of public comments. A review and report of findings and recommendations will be provided to the Director on a timely basis. The report of findings and recommendations will be privileged and confidential. Notably, the regulatory review to be conducted by the Office of the General Counsel under the Policy Guidance is not a formal or informal rulemaking proceeding under the Administrative Procedure Act and creates no right of action against OFHEO. Moreover, the determination of OFHEO to conduct or not to conduct a review of a regulation and any determination, finding, or recommendation resulting from any review under the Policy Guidance are not final agency actions and, as such, are not subject to judicial review. Regulations Under Review; Criteria The regulations of OFHEO that are subject to the regulatory review described in this Notice are codified in Title 12, Chapter XVII, Subchapters A, C, and D, Parts 1700–1780 of the Code of Federal Regulations (CFR). The regulations are listed in the CFR as follows: E:\FR\FM\07SEP1.SGM 07SEP1 53106 Federal Register / Vol. 70, No. 172 / Wednesday, September 7, 2005 / Proposed Rules Subchapter A—OFHEO Organization and Functions Part 1700—Organization and functions 1701—Assessments 1702 Implementation of The Privacy Act of 1974 1703—Release of information 1704 Debt collection 1705 Implementation of the Equal Access to Justice Act Subchapter B—[Reserved] Subchapter C—Safety and Soundness 1710—Corporate governance 1720—Safety and soundness 1730—Disclosure of financial and other information 1731—Mortgage Fraud Reporting 1750—Capital 1770—Executive compensation 1773—Flood insurance 1777—Prompt corrective action regulatory requirements would facilitate compliance or supervision; (ii) A demonstration of a better alternative method to effect a regulatory purpose or requirement supported by compelling evidence of significantly less intrusive means or of a substantially more efficient method of accomplishing the same supervisory purpose; and (iii) Such other factors as determined by the Director to be relevant to determining and evaluating the need for, appropriateness of, and effectiveness of a particular regulation. Request for Comments The Office of the General Counsel invites comments on all aspects of the proposed regulatory review, including legal and policy considerations, and will take all comments into consideration before issuing its report of findings and recommendations to the Subchapter D—Rules of Practice and Procedure Director. The comment period has been set at 60 days to afford ample 1780—Rules of Practice and Procedure opportunity for comment. In addition to being found in the CFR, All comments received will be posted the regulations (as well as the Policy without change to http:// Guidance referenced in this Notice) are www.ofheo.gov, including any personal available on the OFHEO Web site, information provided. Copies of all http://www.ofheo.gov, by clicking on the comments received will be available for ‘‘Regulations and Policy Guidance’’ inspection by the public on business category on the left side of the Web days between the hours of 10 a.m. and page. 3 p.m., at the Office of Federal Housing Under the review process set forth in Enterprise Oversight, Fourth Floor, 1700 the Policy Guidance, criteria that may G Street NW., Washington, DC 20552. be used in the review of the existence To make an appointment to inspect of regulatory inefficiency or burden are comments, please call the Office of as follows: General Counsel at (202) 414–6924. (i) Legal or regulatory developments, Dated: August 30, 2005. including new laws, executive orders or Stephen A. Blumenthal, judicial decisions that have been Acting Director, Office of Federal Housing adopted since the promulgation of a Enterprise Oversight. regulation that make such regulation [FR Doc. 05–17656 Filed 9–6–05; 8:45 am] inefficient, obsolete, contrary to controlling legal precedent or unduly BILLING CODE 4220–01–P burdensome; (ii) Application by an Enterprise for revision of a regulation, because of DEPARTMENT OF TRANSPORTATION reasonably discernible regulatory Federal Aviation Administration burden or inefficiency; (iii) Marketplace developments, 14 CFR Part 39 technological evolution and related changes that may have rendered an [Docket No. FAA–2005–22321; Directorate existing regulation, in whole or in part, Identifier 2005–NM–123–AD] inefficient, outmoded or outdated; and RIN 2120–AA64 (iv) Such other occurrences or developments as determined by the Airworthiness Directives; Boeing Director or General Counsel to be Model 767–200 and –300 Series relevant to a review for inefficiency or Airplanes unwarranted regulatory burden. Among other factors that may be AGENCY: Federal Aviation considered in reviewing possible Administration (FAA), Department of inefficiency or unwarranted regulatory Transportation (DOT). burden are the following: ACTION: Notice of proposed rulemaking (i) Compelling evidence that a (NPRM). consolidation of two or more regulations, elimination of a duplicative SUMMARY: The FAA proposes to adopt a regulation, or other revision to new airworthiness directive (AD) for VerDate Aug<18>2005 15:04 Sep 06, 2005 Jkt 205001 PO 00000 Frm 00004 Fmt 4702 Sfmt 4702 certain Boeing Model 767–200 and –300 series airplanes. This proposed AD would require replacing the placards on certain stowage bins with new placards, installing partial dividers in certain other stowage bins, and installing straps on stowage bins containing life rafts. For certain airplanes, this proposed AD would also require related concurrent actions. This proposed AD results from test data indicating that outboard overhead stowage bins are unable to withstand the 4.5g down-load standard intended to protect passengers during flight turbulence or a hard landing. We are proposing this AD to prevent the stowage bins from opening during flight turbulence or a hard landing, which could result in the contents of the stowage bins falling onto the passenger seats below and injuring passengers, or blocking the aisles, impeding the evacuation of passengers in an emergency. DATES: We must receive comments on this proposed AD by October 24, 2005. ADDRESSES: Use one of the following addresses to submit comments on this proposed AD. • DOT Docket Web site: Go to http:// dms.dot.gov and follow the instructions for sending your comments electronically. • Government-wide rulemaking Web site: Go to http://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. Contact Boeing Commercial Airplanes, P.O. Box 3707, Seattle, Washington 98124–2207 for the service information identified in this proposed AD. FOR FURTHER INFORMATION CONTACT: Patrick Gillespie, Aerospace Engineer, Cabin Safety and Environmental Systems Branch, ANM–150S, FAA, Seattle Aircraft Certification Office, 1601 Lind Avenue, SW., Renton, Washington 98055–4056; telephone (425) 917–6429; fax (425) 917–6590. SUPPLEMENTARY INFORMATION: Comments Invited We invite you to submit any relevant written data, views, or arguments regarding this proposed AD. Include the docket number ‘‘ FAA–2005–22321; Directorate Identifier 2005–NM–123– E:\FR\FM\07SEP1.SGM 07SEP1

Agencies

[Federal Register Volume 70, Number 172 (Wednesday, September 7, 2005)]
[Proposed Rules]
[Pages 53105-53106]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-17656]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

Office of Federal Housing Enterprise Oversight

12 CFR Chap. XVII


Notice of Regulatory Review

AGENCY: Office of Federal Housing Enterprise Oversight, HUD.

ACTION: Request for comments.

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

SUMMARY: The Office of Federal Housing Enterprise Oversight (OFHEO) is 
issuing notice of a regulatory review that will be conducted in 
accordance with the process set forth in OFHEO Policy Guidance titled, 
``Regulatory Review,'' which was issued on April 2, 2001 (Doc. 
: PG-01-001) (Policy Guidance). OFHEO will review its 
regulations to consider whether existing regulations have become 
inefficient or create unwarranted burden, and will identify possible 
revisions where such conditions are found. OFHEO is seeking public 
comment on its regulations for consideration in the regulatory review.

DATES: Written comments on this Notice must be received no later than 
November 7, 2005. For additional information, see SUPPLEMENTARY 
INFORMATION.

ADDRESSES: You may submit your comments to this Notice by any of the 
following methods:
     U.S. Mail, United Parcel Post, Federal Express, or Other 
Mail Service: The mailing address for comments is: David A. Felt, 
Acting General Counsel, Attention: Comments/Notice of Regulatory 
Review, Office of Federal Housing Enterprise Oversight, Fourth Floor, 
1700 G Street, NW., Washington, DC 20552.
     Hand Delivery/Courier: The hand delivery address is: David 
A. Felt, Acting General Counsel, Attention: Comments/Notice of 
Regulatory Review, Office of Federal Housing Enterprise Oversight, 
Fourth Floor, 1700 G Street, NW., Washington, DC 20552. The package 
should be logged at the Guard Desk, First Floor, between 9 a.m. and 5 
p.m. on business days.
     E-mail: Comments to David A. Felt, Acting General Counsel, 
may be sent by e-mail at RegComments@OFHEO.gov. Please include the 
title, Notice of Regulatory Review, in the subject line of the message.
    Instructions: OFHEO requests that comments to this Notice include a 
reference to the title, Notice of Regulatory Review. OFHEO further 
requests that comments submitted in hard copy also be accompanied by 
the electronic version in Microsoft([reg]) Word or in portable document 
format (PDF) on 3.5'' disk. Please see the section, SUPPLEMENTARY 
INFORMATION, below, for additional information on the posting and 
viewing of comments.

FOR FURTHER INFORMATION CONTACT: David A. Felt, Acting General Counsel, 
telephone (202) 414-3750 (not a toll-free number); or Tina Dion, 
Associate General Counsel, telephone (202) 414-3838 (not a toll-free 
number); Office of Federal Housing Enterprise Oversight, Fourth Floor, 
1700 G Street, NW., Washington, DC 20552. The telephone number for the 
Telecommunications Device for the Deaf is (800) 877-8339.

SUPPLEMENTARY INFORMATION:

Background

    The Federal Housing Enterprises Safety and Soundness Act of 1992, 
Title XIII of Pub. L. 102-550, empowers the Director of OFHEO to 
undertake rulemaking and such other actions as the Director determines 
to be appropriate to oversee the activities and operations of Freddie 
Mac and Fannie Mae (the Enterprises). In the course of exercising such 
authority, the Director has promulgated regulations and issued 
guidelines and supervisory policies.

OFHEO's Policy Guidance

     http://www.ofheo.gov/News.asp?formmode=Regulations creates a 
process for routine review and, where appropriate, revision of 
regulations by OFHEO. Such a process provides for planned reviews of 
the regulatory infrastructure and for considering information under 
uniform criteria that assists in determinations of whether an 
unnecessary burden exists. Once a review is completed, the Director 
will determine what steps may be necessary to relieve any unnecessary 
burden, including amendment to or repeal of existing regulations or 
issuance of less formal guidance.
    The General Counsel, as the OFHEO Regulatory Policy Officer, is 
charged with undertaking the regulatory review and reporting findings 
and recommendations to the Director. The review process will be 
conducted by the Office of General Counsel, under the direction of the 
General Counsel, and will include internal consultation with other 
OFHEO offices and staff, guidance provided by the Director, as well as 
consideration of public comments. A review and report of findings and 
recommendations will be provided to the Director on a timely basis. The 
report of findings and recommendations will be privileged and 
confidential. Notably, the regulatory review to be conducted by the 
Office of the General Counsel under the Policy Guidance is not a formal 
or informal rulemaking proceeding under the Administrative Procedure 
Act and creates no right of action against OFHEO. Moreover, the 
determination of OFHEO to conduct or not to conduct a review of a 
regulation and any determination, finding, or recommendation resulting 
from any review under the Policy Guidance are not final agency actions 
and, as such, are not subject to judicial review.

Regulations Under Review; Criteria

    The regulations of OFHEO that are subject to the regulatory review 
described in this Notice are codified in Title 12, Chapter XVII, 
Subchapters A, C, and D, Parts 1700-1780 of the Code of Federal 
Regulations (CFR). The regulations are listed in the CFR as follows:

[[Page 53106]]

Subchapter A--OFHEO Organization and Functions

Part
1700--Organization and functions
1701--Assessments
1702 Implementation of The Privacy Act of 1974
1703--Release of information
1704 Debt collection
1705 Implementation of the Equal Access to Justice Act

Subchapter B--[Reserved]

Subchapter C--Safety and Soundness

1710--Corporate governance
1720--Safety and soundness
1730--Disclosure of financial and other information
1731--Mortgage Fraud Reporting
1750--Capital
1770--Executive compensation
1773--Flood insurance
1777--Prompt corrective action

Subchapter D--Rules of Practice and Procedure

1780--Rules of Practice and Procedure

    In addition to being found in the CFR, the regulations (as well as 
the Policy Guidance referenced in this Notice) are available on the 
OFHEO Web site, http://www.ofheo.gov, by clicking on the ``Regulations 
and Policy Guidance'' category on the left side of the Web page.
    Under the review process set forth in the Policy Guidance, criteria 
that may be used in the review of the existence of regulatory 
inefficiency or burden are as follows:
    (i) Legal or regulatory developments, including new laws, executive 
orders or judicial decisions that have been adopted since the 
promulgation of a regulation that make such regulation inefficient, 
obsolete, contrary to controlling legal precedent or unduly burdensome;
    (ii) Application by an Enterprise for revision of a regulation, 
because of reasonably discernible regulatory burden or inefficiency;
    (iii) Marketplace developments, technological evolution and related 
changes that may have rendered an existing regulation, in whole or in 
part, inefficient, outmoded or outdated; and
    (iv) Such other occurrences or developments as determined by the 
Director or General Counsel to be relevant to a review for inefficiency 
or unwarranted regulatory burden.
    Among other factors that may be considered in reviewing possible 
inefficiency or unwarranted regulatory burden are the following:
    (i) Compelling evidence that a consolidation of two or more 
regulations, elimination of a duplicative regulation, or other revision 
to regulatory requirements would facilitate compliance or supervision;
    (ii) A demonstration of a better alternative method to effect a 
regulatory purpose or requirement supported by compelling evidence of 
significantly less intrusive means or of a substantially more efficient 
method of accomplishing the same supervisory purpose; and
    (iii) Such other factors as determined by the Director to be 
relevant to determining and evaluating the need for, appropriateness 
of, and effectiveness of a particular regulation.

Request for Comments

    The Office of the General Counsel invites comments on all aspects 
of the proposed regulatory review, including legal and policy 
considerations, and will take all comments into consideration before 
issuing its report of findings and recommendations to the Director. The 
comment period has been set at 60 days to afford ample opportunity for 
comment.
    All comments received will be posted without change to http://
www.ofheo.gov, including any personal information provided. Copies of 
all comments received will be available for inspection by the public on 
business days between the hours of 10 a.m. and 3 p.m., at the Office of 
Federal Housing Enterprise Oversight, Fourth Floor, 1700 G Street NW., 
Washington, DC 20552. To make an appointment to inspect comments, 
please call the Office of General Counsel at (202) 414-6924.

    Dated: August 30, 2005.
Stephen A. Blumenthal,
Acting Director, Office of Federal Housing Enterprise Oversight.
[FR Doc. 05-17656 Filed 9-6-05; 8:45 am]
BILLING CODE 4220-01-P