Railroad Cost-of-Capital-2006, 21175 [E8-8386]

Download as PDF Federal Register / Vol. 73, No. 76 / Friday, April 18, 2008 / Notices Hazardous Materials Safety Administration, 1200 New Jersey Avenue, SE., Washington, DC 20590– 0001. FOR FURTHER INFORMATION CONTACT: Deborah Boothe or T. Glenn Foster, Office of Hazardous Materials Standards (PHH–11), Pipeline and Hazardous Materials Safety Administration, 1200 New Jersey Avenue, SE., Washington, DC 20590–0001, Telephone (202) 366– 8553. Office of Management and Budget (OMB) regulations (5 CFR 1320) implementing provisions of the Paperwork Reduction Act of 1995 (Pub. L. 104–13) require that interested members of the public and affected agencies have an opportunity to comment on information collection and recordkeeping activities (see 5 CFR 1320.8(s)) and specify that no person is required to respond to an information collection unless it displays a valid OMB control number. In accordance with the Paperwork Reduction Act of 1995, PHMSA has received OMB approval for renewal of the following ICRs: pwalker on PROD1PC71 with NOTICES SUPPLEMENTARY INFORMATION: OMB Control Number: 2137–0572. Title: ‘‘Testing Requirements for NonBulk Packaging.’’ Expiration Date: March 31, 2010. OMB Control Number: 2137–0039. Title: ‘‘Hazardous Materials Incident Reports.’’ Expiration Date: August 31, 2010. OMB Control Number: 2137–0018. Title: ‘‘Inspection and Testing of Portable Tanks and Intermediate Bulk Containers.’’ Expiration Date: October 31, 2010. OMB Control Number: 2137–0595. Title: ‘‘Cargo Tank Motor Vehicles in Liquefied Compressed Gas Service.’’ Expiration Date: October 31, 2010. OMB Control Number: 2137–0014. Title: ‘‘Cargo Tank Specification Requirements.’’ Expiration Date: February 28, 2011. OMB Control Number: 2137–0542. Title: ‘‘Flammable Cryogenic Liquids.’’ Expiration Date: February 28, 2011. OMB Control Number: 2137–0582. Title: ‘‘Container Certification Statements.’’ Expiration Date: February 28, 2011. OMB Control Number: 2137–0591. Title: ‘‘Response Plans for Shipments of Oil.’’ Expiration Date: February 28, 2011. VerDate Aug<31>2005 17:38 Apr 17, 2008 Jkt 214001 21175 Issued in Washington, DC on April 15, 2008. Edward T. Mazzullo, Director, Office of Hazardous Materials Standards. [FR Doc. E8–8512 Filed 4–17–08; 8:45 am] By the Board, Chairman Nottingham, Vice Chairman Mulvey, and Commissioner Buttrey. Anne K. Quinlan, Acting Secretary. [FR Doc. E8–8386 Filed 4–17–08; 8:45 am] BILLING CODE 4910–60–P BILLING CODE 4915–01–P DEPARTMENT OF TRANSPORTATION DEPARTMENT OF THE TREASURY Surface Transportation Board [STB Ex Parte No. 558 (Sub-No. 10)] Railroad Cost-of-Capital—2006 Surface Transportation Board. ACTION: Notice of decision. AGENCY: SUMMARY: On April 15, 2008, the Board served a decision to update its computation of the railroad industry’s cost-of-capital for 2006. The composite after-tax cost-of-capital rate for 2006 is found to be 9.94%, based on a current cost-of-debt of 5.97%; a cost of common equity capital of 11.13%; and a capital structure mix comprised of 23.05% debt and 76.95% common equity. The costof-capital finding made in this proceeding will be used in a variety of Board proceedings. EFFECTIVE DATE: This action is effective April 15, 2008. FOR FURTHER INFORMATION CONTACT: Pedro Ramirez, 202–245–0333. [Assistance for the hearing impaired is available through the Federal Information Relay Service (FIRS) at 1–800–877–8339.] SUPPLEMENTARY INFORMATION: Additional information is contained in the Board’s decision, which is available on our Web site https://www.stb.dot.gov. Environmental and Energy Considerations This action will not significantly affect either the quality of the human environment or the conservation of energy resources. Regulatory Flexibility Analysis Pursuant to 5 U.S.C. 605(b), we conclude that our action in this proceeding will not have a significant economic impact on a substantial number of small entities. The purpose and effect of this action are to update the annual railroad industry cost-ofcapital finding by the Board. No new reporting or other regulatory requirements are imposed, directly or indirectly, on small entities. Authority: 49 U.S.C. 10704(a). Decided: April 14, 2008. PO 00000 Frm 00081 Fmt 4703 Sfmt 4703 Departmental Offices; Debt Management Advisory Committee Meeting Notice is hereby given, pursuant to 5 U.S.C. App. 2, § 10(a)(2), that a meeting will be held at the Hay-Adams Hotel, 16th Street and Pennsylvania Avenue, NW., Washington, DC, on April 29, 2008 at 10:30 a.m. of the following debt management advisory committee: Treasury Borrowing Advisory Committee of The Securities Industry and Financial Markets Association. The agenda for the meeting provides for a charge by the Secretary of the Treasury or his designate that the Committee discuss particular issues and conduct a working session. Following the working session, the Committee will present a written report of its recommendations. The meeting will be closed to the public, pursuant to 5 U.S.C. App. 2, § 10(d) and Pub. L. 103– 202, § 202(c)(1)(B)(31 U.S.C. 3121 note). This notice shall constitute my determination, pursuant to the authority placed in heads of agencies by 5 U.S.C. App. 2, § 10(d) and vested in me by Treasury Department Order No. 101–05, that the meeting will consist of discussions and debates of the issues presented to the Committee by the Secretary of the Treasury and the making of recommendations of the Committee to the Secretary, pursuant to Pub. L. 103–202, § 202(c)(l)(B). Thus, this information is exempt from disclosure under that provision and 5 U.S.C. 552b(c)(3)(B). In addition, the meeting is concerned with information that is exempt from disclosure under 5 U.S.C. 552b(c)(9)(A). The public interest requires that such meetings be closed to the public because the Treasury Department requires frank and full advice from representatives of the financial community prior to making its final decisions on major financing operations. Historically, this advice has been offered by debt management advisory committees established by the several major segments of the financial community. When so utilized, such a committee is recognized to be an advisory committee under 5 U.S.C. App. 2, § 3. E:\FR\FM\18APN1.SGM 18APN1

Agencies

[Federal Register Volume 73, Number 76 (Friday, April 18, 2008)]
[Notices]
[Page 21175]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-8386]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Ex Parte No. 558 (Sub-No. 10)]


Railroad Cost-of-Capital--2006

AGENCY: Surface Transportation Board.

ACTION: Notice of decision.

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SUMMARY: On April 15, 2008, the Board served a decision to update its 
computation of the railroad industry's cost-of-capital for 2006. The 
composite after-tax cost-of-capital rate for 2006 is found to be 9.94%, 
based on a current cost-of-debt of 5.97%; a cost of common equity 
capital of 11.13%; and a capital structure mix comprised of 23.05% debt 
and 76.95% common equity. The cost-of-capital finding made in this 
proceeding will be used in a variety of Board proceedings.

EFFECTIVE DATE: This action is effective April 15, 2008.

FOR FURTHER INFORMATION CONTACT: Pedro Ramirez, 202-245-0333. 
[Assistance for the hearing impaired is available through the Federal 
Information Relay Service (FIRS) at 1-800-877-8339.]

SUPPLEMENTARY INFORMATION: Additional information is contained in the 
Board's decision, which is available on our Web site https://
www.stb.dot.gov.

Environmental and Energy Considerations

    This action will not significantly affect either the quality of the 
human environment or the conservation of energy resources.

Regulatory Flexibility Analysis

    Pursuant to 5 U.S.C. 605(b), we conclude that our action in this 
proceeding will not have a significant economic impact on a substantial 
number of small entities. The purpose and effect of this action are to 
update the annual railroad industry cost-of-capital finding by the 
Board. No new reporting or other regulatory requirements are imposed, 
directly or indirectly, on small entities.

    Authority: 49 U.S.C. 10704(a).

    Decided: April 14, 2008.

    By the Board, Chairman Nottingham, Vice Chairman Mulvey, and 
Commissioner Buttrey.
Anne K. Quinlan,
Acting Secretary.
 [FR Doc. E8-8386 Filed 4-17-08; 8:45 am]
BILLING CODE 4915-01-P

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