Modification of Class E Airspace; Creston, IA, 7928-7929 [07-777]
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7928
Federal Register / Vol. 72, No. 35 / Thursday, February 22, 2007 / Rules and Regulations
the types of money transfer instruments
permissible under § 701.30 are not
limited to electronic funds transfers.
The rule permits an FCU to cash or sell
checks, money orders, and other similar
money transfer instruments. While the
rule does not contain an exhaustive list
of permissible money transfer
instruments, it specifically includes
electronic funds transfers. To the extent
FCUs provide money transfer
instruments that fall within the
definition of electronic funds transfer
under Regulation E, they must, of
course, comply with Regulation E
requirements.
The Board notes that electronic funds
transfers under Regulation E are
excluded from the definition of
‘‘transmittal of funds’’ in the
Department of Treasury’s anti-money
laundering regulations. 31 CFR part 103.
This definition, however, does not affect
FCU authority to provide wire transfers
under § 701.30. FCUs providing wire
transfer services and electronic funds
transfers under § 701.30 must comply
with the applicable requirements of 31
CFR part 103.
Two commenters requested NCUA
provide guidance regarding FCU
compliance with other statutes and
regulations, e.g. the Bank Secrecy Act
(Pub. L. 91–508), the Customer
Identification Program regulation (31
CFR 103.121), NCUA security rules (12
CFR part 748), financial privacy rules
(12 CFR part 716), and so forth. One of
these commenters recommended NCUA
establish a working group to discuss
compliance requirements associated
with FCUs providing financial services
to nonmembers within their fields of
membership. The Board believes
additional guidance or a working group
is unnecessary because this rule does
not create any additional requirements
for FCUs than there are for other
financial institutions. The Board only
cautions FCUs to ensure they comply
with all applicable statutory or
regulatory requirements if they elect to
provide financial services to persons
with whom the FCUs may have
infrequent or irregular contact.
Finally, one commenter correctly
noted the interim final rule failed to
make a conforming change to the 12year maturity limit in the current rule
regarding due-on-sale clauses. 12 CFR
701.21(g)(6)(ii). Accordingly, the final
rule revises this reference to reflect the
change in the general lending maturity
limit to 15 years.
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Regulatory Procedures
Regulatory Flexibility Act
The Regulatory Flexibility Act
requires NCUA to prepare an analysis to
describe any significant economic
impact a rule may have on a substantial
number of small credit unions, defined
as those under ten million dollars in
assets. This rule clarifies and improves
the available services FCUs may provide
to their members and persons within
their fields of membership, without
imposing any regulatory burden. The
final amendments do not have a
significant economic impact on a
substantial number of small credit
unions, and, therefore, a regulatory
flexibility analysis is not required.
Paperwork Reduction Act
NCUA has determined that the final
rule would not increase paperwork
requirements under the Paperwork
Reduction Act of 1995 and regulations
of the Office of Management and
Budget. 44 U.S.C. 3501 et seq.; 5 CFR
part 1320.
Executive Order 13132
Executive Order 13132 encourages
independent regulatory agencies to
consider the impact of their actions on
state and local interests. In adherence to
fundamental federalism principles,
NCUA, an independent regulatory
agency as defined in 44 U.S.C. 3502(5),
voluntarily complies with the executive
order. The final rule would not have
substantial direct effects on the states,
on the connection between the national
government and the states, or on the
distribution of power and
responsibilities among the various
levels of government. NCUA has
determined that this rule does not
constitute a policy that has federalism
implications for purposes of the
executive order.
The Treasury and General Government
Appropriations Act, 1999—Assessment
of Federal Regulations and Policies on
Families
The NCUA has determined that this
final rule would not affect family wellbeing within the meaning of § 654 of the
Treasury and General Government
Appropriations Act, 1999, Pub. L. 105–
277, 112 Stat. 2681 (1998).
Small Business Regulatory Enforcement
Fairness Act
The Small Business Regulatory
Enforcement Fairness Act of 1996, Pub.
L. 104–121 (SBREFA), provides
generally for congressional review of
agency rules. A reporting requirement is
triggered in instances where NCUA
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issues a final rule as defined by Section
551 of the Administrative Procedure
Act. 5 U.S.C. 551. The Office of
Management and Budget has
determined that this final rule is not a
major rule for purposes of SBREFA.
List of Subjects in 12 CFR Part 701
Check, Check cashing, Credit, Credit
unions, Electronic funds transfer,
Money order, Money transfer.
I For the reasons set forth in the
preamble, the Board amends 12 CFR
part 701 as set forth below.
By the National Credit Union
Administration Board on February 15, 2007.
Mary F. Rupp,
Secretary of the Board.
Accordingly, the interim rule
amending 12 CFR part 701, which was
published at 71 FR 62875 on October
27, 2006, is adopted as a final rule with
the following change:
I
PART 701—ORGANIZATION AND
OPERATION OF FEDERAL CREDIT
UNIONS
1. The authority citation for part 701
continues to read as follows:
I
Authority: 12 U.S.C. 1752(5), 1757, 1765,
1766, 1781, 1782, 1787, 1789; Title V, Pub.
L. 109–351; 120 Stat. 1966.
2. Amend Section 701.21 by removing
‘‘greater than twelve years’’ in the first
sentence and adding in its place
‘‘greater than fifteen years’’ in paragraph
(g)(6)(ii).
I
[FR Doc. E7–2902 Filed 2–21–07; 8:45 am]
BILLING CODE 7535–01–P
DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration
14 CFR Part 71
[Docket No. FAA–2006–25941; Airspace
Docket No. 06–ACE–11]
Modification of Class E Airspace;
Creston, IA
Federal Aviation
Administration (FAA), DOT.
ACTION: Direct final rule; confirmation of
effective date.
AGENCY:
SUMMARY: This document confirms the
effective date of the direct final rule
which revises Class E airspace at
Creston, IA.
EFFECTIVE DATE: 0901 UTC, March 15,
2007.
FOR FURTHER INFORMATION CONTACT:
Grant Nichols, System Support, DOT
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Federal Register / Vol. 72, No. 35 / Thursday, February 22, 2007 / Rules and Regulations
Regional Headquarters Building, Federal
Aviation Administration, 901 Locust,
Kansas City, MO 64106; telephone:
(816) 329–2522.
SUPPLEMENTARY INFORMATION: The FAA
published this direct final rule with a
request for comments in the Federal
Register on December 28, 2006 (71 FR
78054). The FAA uses the direct final
rulemaking procedure for a noncontroversial rule where the FAA
believes that there will be no adverse
public comment. This direct final rule
advised the public that no adverse
comments were anticipated, and that
unless a written adverse comment, or a
written notice of intent to submit such
an adverse comment, were received
within the comment period, the
regulation would become effective on
March 15, 2007. No adverse comments
were received, and thus this notice
confirms that this direct final rule will
become effective on that date.
Issued in Fort Worth, Texas, on February
6, 2007.
Ronnie Uhlenhaker,
Manager, System Support Group, ATO
Central Service Area.
[FR Doc. 07–777 Filed 2–21–07; 8:45 am]
BILLING CODE 4910–13–M
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Background
The correction notice that is the
subject of this document is under
section 9802 of the Internal Revenue
Code.
Need for Correction
LaNita Van Dyke,
Chief, Publications and Regulations Branch,
Legal Processing Division, Associate Chief
Counsel, (Procedure and Administration).
[FR Doc. E7–2958 Filed 2–21–07; 8:45 am]
List of Subjects in 26 CFR Part 54
BILLING CODE 4830–01–P
Excise taxes, Health care, Health
insurance, Pensions, Reporting and
recordkeeping requirements.
Correction of Publication
Accordingly, 26 CFR part 54 is
corrected by making the following
correcting amendments:
I
RIN 1545–AY32
Nondiscrimination and Wellness
Programs in Health Coverage in the
Group Market; Correction
Internal Revenue Service (IRS),
Treasury.
ACTION: Correcting amendments.
erjones on PRODPC74 with RULES
AGENCY:
SUMMARY: This document contains
correction to final regulations (TD 9298)
that were published in the Federal
Register on Wednesday, December 13,
2006 (71 FR 75014) governing the
provisions prohibiting discrimination
based on a health factor for group health
plans and issuers of health insurance
coverage offered in connection with a
group health plan.
DATES: The correction is effective
February 12, 2007.
FOR FURTHER INFORMATION CONTACT: Russ
Weinheimer, (202) 622–6080 (not a tollfree number).
SUPPLEMENTARY INFORMATION:
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DEPARTMENT OF HOMELAND
SECURITY
Coast Guard
33 CFR Part 1; 46 CFR Parts 1 and 10
[USCG–2006–25535]
PART 54—PENSION EXCISE TAXES
Paragraph 1. The authority citation
for part 54 continues to read, in part, as
follows:
I
Authority: 26 U.S.C. 7805 * * *
Par. 2. Section 54.9802–1(b)(2)(i)(D) is
amended by revising paragraph (ii) of
Example 4.
I Par. 3. Section 54.9802–1(f)(1) is
amended by revising the first sentence
of the paragraph.
The revisions read as follows:
I
*
[TD 9298]
does not provide a reward), the wellness
program does not violate this section, if
participation in the program is made
available to all similarly situated
individuals. * * *
*
*
*
*
*
As published, final regulations (TD
9298) contain errors that may prove to
be misleading and are in need of
clarification.
§ 54.9802–1 Prohibiting discrimination
against participants and beneficiaries
based on a health factor.
26 CFR Part 54
7929
*
*
*
*
(b) * * *
(2) * * *
(i) * * *
(D) * * *
Example 4. * * *
(i) * * *
(ii) Conclusion. In this Example 4, the
limit does not violate this paragraph
(b)(2)(i) because $2,000 of benefits for
the treatment of TMJ are available
uniformly to all similarly situated
individuals and a plan may limit
benefits covered in relation to a specific
disease or condition if the limit applies
uniformly to all similarly situated
individuals and is not directed at
individual participants or beneficiaries.
(This example does not address whether
the plan provision is permissible under
the Americans with Disabilities Act or
any other applicable law.)
*
*
*
*
*
(f) * * *
(1) If none of the conditions for
obtaining a reward under a wellness
program are based on an individual
satisfying a standard that is related to a
health factor (or if a wellness program
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RIN 1625–ZA09
Mariner Licensing and Documentation
Program Restructuring and
Centralization; Correction
Coast Guard, DHS.
Correcting Amendment.
AGENCY:
ACTION:
SUMMARY: The Coast Guard is correcting
a technical amendment that appeared in
the Federal Register on August 21,
2006. That technical amendment
authorized the Commanding Officer of
the National Maritime Center (NMC) to
perform certain mariner credentialing
functions in addition to Officers in
Charge, Marine Inspection, who
currently perform those functions. At
the end of a transitional period, most
credentialing functions will be
consolidated at a centralized location.
The technical amendment also made
technical changes to the mariner
credentialing appellate process.
DATES: These changes are effective
March 26, 2007.
FOR FURTHER INFORMATION CONTACT: If
you have questions on this amendment,
call Mr. Gerald Miante, Project Manager,
Maritime Personnel Qualifications
Division (CG–3PSO–1), U.S. Coast
Guard, telephone 202–372–1407. If you
have questions on viewing the docket,
call Ms. Renee V. Wright, Program
Manager, Docket Operations, telephone
202–493–0402.
SUPPLEMENTARY INFORMATION:
Background and Purpose
The Coast Guard is correcting a
technical amendment that appeared in
the Federal Register on August 21, 2006
(71 FR 48480). That technical
amendment authorized the
Commanding Officer of the NMC to
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Agencies
[Federal Register Volume 72, Number 35 (Thursday, February 22, 2007)]
[Rules and Regulations]
[Pages 7928-7929]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 07-777]
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DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration
14 CFR Part 71
[Docket No. FAA-2006-25941; Airspace Docket No. 06-ACE-11]
Modification of Class E Airspace; Creston, IA
AGENCY: Federal Aviation Administration (FAA), DOT.
ACTION: Direct final rule; confirmation of effective date.
-----------------------------------------------------------------------
SUMMARY: This document confirms the effective date of the direct final
rule which revises Class E airspace at Creston, IA.
EFFECTIVE DATE: 0901 UTC, March 15, 2007.
FOR FURTHER INFORMATION CONTACT: Grant Nichols, System Support, DOT
[[Page 7929]]
Regional Headquarters Building, Federal Aviation Administration, 901
Locust, Kansas City, MO 64106; telephone: (816) 329-2522.
SUPPLEMENTARY INFORMATION: The FAA published this direct final rule
with a request for comments in the Federal Register on December 28,
2006 (71 FR 78054). The FAA uses the direct final rulemaking procedure
for a non-controversial rule where the FAA believes that there will be
no adverse public comment. This direct final rule advised the public
that no adverse comments were anticipated, and that unless a written
adverse comment, or a written notice of intent to submit such an
adverse comment, were received within the comment period, the
regulation would become effective on March 15, 2007. No adverse
comments were received, and thus this notice confirms that this direct
final rule will become effective on that date.
Issued in Fort Worth, Texas, on February 6, 2007.
Ronnie Uhlenhaker,
Manager, System Support Group, ATO Central Service Area.
[FR Doc. 07-777 Filed 2-21-07; 8:45 am]
BILLING CODE 4910-13-M