Sunshine Federal Register Notice, 39061-39062 [08-1420]

Download as PDF Federal Register / Vol. 73, No. 131 / Tuesday, July 8, 2008 / Notices Agencies and Persons Consulted NRC provided a draft of this Environmental Assessment to the State of Connecticut, Department of Environmental Protection, Division of Radiation, for review on January 3, 2008. On April 17, 2008, the State of Connecticut responded by electronic mail. The State agreed with the conclusions of the EA, and otherwise had no comments. The NRC staff has determined that the proposed action is of a procedural nature, and will not affect listed species or critical habitat. Therefore, no further consultation is required under Section 7 of the Endangered Species Act. The NRC staff has also determined that the proposed action is not the type of activity that has the potential to cause effects on historic properties. Therefore, no further consultation is required under Section 106 of the National Historic Preservation Act. III. Finding of No Significant Impact The NRC staff has prepared this EA in support of the proposed action. On the basis of this EA, the NRC finds that there are no significant environmental impacts from the proposed action, and that preparation of an environmental impact statement is not warranted. Accordingly, the NRC has determined that a Finding of No Significant Impact is appropriate. ebenthall on PRODPC60 with NOTICES IV. Further Information Documents related to this action, including the application for license amendment and supporting documentation, are available electronically at the NRC’s Electronic Reading Room at https://www.nrc.gov/ reading-rm/adams.html. From this site, you can access the NRC’s Agencywide Document Access and Management System (ADAMS), which provides text and image files of NRC’s public documents. The documents related to this action are listed below, along with their ADAMS accession numbers. NRC License No. 06–19244–01 (ML013040402); Termination request dated October 15, 2007 (ML072970647); Additional information on termination request October 31, 2007 (ML073120241); Additional information on termination request dated December 3, 2007 (ML073410648); License application dated December 5, 1979 (ML073520073); License application dated March 25, 1980 (ML073520085); License application dated July 30, 2001 (ML012220088); VerDate Aug<31>2005 15:11 Jul 07, 2008 Jkt 214001 Inspection report dated June 2005 (ML051880266); NUREG–1757, ‘‘Consolidated NMSS Decommissioning Guidance;’’ Title 10 Code of Federal Regulations, Part 20, Subpart E, ‘‘Radiological Criteria for License Termination;’’ Title 10, Code of Federal Regulations, Part 51, ‘‘Environmental Protection Regulations for Domestic Licensing and Related Regulatory Functions;’’ NUREG–1496, ‘‘Generic Environmental Impact Statement in Support of Rulemaking on radiological Criteria for License Termination of NRCLicensed Nuclear Facilities.’’ If you do not have access to ADAMS, or if there are problems in accessing the documents located in ADAMS, contact the NRC Public Document Room (PDR) Reference staff at 1–800–397–4209, 301– 415–4737, or by e-mail to pdr@nrc.gov. These documents may also be viewed electronically on the public computers located at the NRC’s PDR, O 1F21, One White Flint North, 11555 Rockville Pike, Rockville, MD 20852. The PDR reproduction contractor will copy documents for a fee. Dated at King of Prussia, Pennsylvania this 26th day of June 2008. For the Nuclear Regulatory Commission. James P. Dwyer, Chief, Commercial, Research and Development Branch, Division of Nuclear Materials Safety, Region I. [FR Doc. E8–15409 Filed 7–7–08; 8:45 am] BILLING CODE 7590–01–P NUCLEAR REGULATORY COMMISSION Sunshine Federal Register Notice AGENCY HOLDING THE MEETINGS: Nuclear Regulatory Commission. DATE: Weeks of July 7, 14, 21, 28, August 4, 11, 2008. PLACE: Commissioners’ Conference Room, 11555 Rockville Pike, Rockville, Maryland. STATUS: Public and closed. Week of July 7, 2008 There are no meetings scheduled for the week of July 7, 2008. Week of July 14, 2008—Tentative Thursday, July 17, 2008 1 p.m. Briefing on Fire Protection Issues (Public Meeting) (Contact: Alex Klein, 301 415–2822). This meeting will be Webcast live at the Web address—https://www.nrc.gov. PO 00000 Frm 00094 Fmt 4703 Sfmt 4703 39061 Week of July 21, 2008—Tentative Wednesday, July 23, 2008 1:30 p.m. Discussion of Security Issues (Closed—Ex. 1 & 3). Thursday, July 24, 2008 1:30 p.m. Discussion of Security Issues (Closed—Ex. 1 & 3). Week of July 28, 2008—Tentative There are no meetings scheduled for the week of July 28, 2008. Week of August 4, 2008—Tentative There are no meetings scheduled for the week of August 4, 2008. Week of August 11, 2008—Tentative Tuesday, August 12, 2008 1:30 p.m. Meeting with FEMA and State and Local Representatives on Offsite Emergency Preparedness Issues (Public Meeting) (Contact: Chris Miller, 301 415–1086). This meeting will be Webcast live at the Web address—https://www.nrc.gov. Thursday, August 14, 2008 1:30 p.m. Meeting with Organization of Agreement States (OAS) and Conference of Radiation Control Program Directors (CRCPD) (Public Meeting) (Contact: Andrea Jones, 301 415–2309). This meeting will be Webcast live at the Web address—https://www.nrc.gov. *The schedule for Commission meetings is subject to change on short notice. To verify the status of meetings, call (recording)—(301) 415–1292. Contact person for more information: Michelle Schroll, (301) 415–1662. The NRC Commission Meeting Schedule can be found on the Internet at: https://www.nrc.gov/about-nrc/policymaking/schedule.html. The NRC provides reasonable accommodation to individuals with disabilities where appropriate. If you need a reasonable accommodation to participate in these public meetings, or need this meeting notice or the transcript or other information from the public meetings in another format (e.g., braille, large print), please notify the NRC’s Disability Program Coordinator, Rohn Brown, at 301–492–2279, TDD: 301–415–2100, or by e-mail at REB3@nrc.gov. Determinations on requests for reasonable accommodation will be made on a case-by-case basis. This notice is distributed by mail to several hundred subscribers; if you no E:\FR\FM\08JYN1.SGM 08JYN1 39062 Federal Register / Vol. 73, No. 131 / Tuesday, July 8, 2008 / Notices longer wish to receive it, or would like to be added to the distribution, please contact the Office of the Secretary, Washington, DC 20555 (301–415–1969). In addition, distribution of this meeting notice over the Internet system is available. If you are interested in receiving this Commission meeting schedule electronically, please send an electronic message to dkw@nrc.gov. Dated: July 2, 2008. R. Michelle Schroll, Office of the Secretary. [FR Doc. 08–1420 Filed 7–3–08; 10:41 am] BILLING CODE 7590–01–P SECURITIES AND EXCHANGE COMMISSION Proposed Collection; Comment Request Upon Written Request, Copies Available From: Securities and Exchange Commission, Office of Investor Education and Advocacy, Washington, DC 20549–0213. ebenthall on PRODPC60 with NOTICES Extension: Rule 19b–1, SEC File No. 270–312, OMB Control No. 3235–0354. Notice is hereby given that, pursuant to the Paperwork Reduction Act of 1995 (44 U.S.C. 3501–3520), the Securities and Exchange Commission (‘‘Commission’’) is soliciting comments on the collection of information summarized below. The Commission plans to submit the existing collection of information to the Office of Management and Budget (‘‘OMB’’) for extension and approval. Section 19(b) of the Investment Company Act of 1940 (the ‘‘Act’’) (15 U.S.C. 80a–19(b)) authorizes the Commission to regulate registered investment company (‘‘fund’’) distributions of long-term capital gains made more frequently than once every twelve months. Rule 19b–1 under the Act 1 prohibits funds from distributing long-term capital gains more than once every twelve months unless certain conditions are met. Rule 19b–1(c) (17 CFR 270.19b–1(c)) permits unit investment trusts (‘‘UITs’’) engaged exclusively in the business of investing in certain eligible fixed-income securities to distribute long-term capital gains more than once every twelve months, if: (i) The capital gains distribution falls within one of several categories specified in the rule 2 and (ii) the distribution is accompanied by a report to the unit holder that clearly 1 17 2 17 CFR 270.19b–1. CFR 270.19b–1(c)(1). VerDate Aug<31>2005 15:11 Jul 07, 2008 Jkt 214001 describes the distribution as a capital gains distribution (the ‘‘notice requirement’’).3 Rule 19b–1(e) (17 CFR 270.19b–1(e)) permits a fund to apply to the Commission for permission to distribute long-term capital gains more than once a year if the fund did not foresee the circumstances that created the need for the distribution. The application must set forth the pertinent facts and explain the circumstances that justify the distribution.4 An application that meets those requirements is deemed to be granted unless the Commission denies the request within 15 days after the Commission receives the application. Commission staff estimates that, on average, each year five funds file an application under rule 19b–1(e). The staff understands that funds that file an application generally use outside counsel to prepare the application. The cost burden of using outside counsel is discussed below. The staff estimates that, on average, the fund’s investment adviser spends approximately four hours to review an application, including 3.5 hours by an assistant general counsel, at a cost of $371 per hour, and 0.5 hours by an administrative assistant, at a cost of $65 per hour.5 Thus, the Commission staff estimates that the annual hour burden of the collection of information imposed by rule 19b–1 is approximately four hours per fund, at a cost of $1331, for a total burden of 20 hours at a cost of $6655.6 The Commission staff estimates that there is no hour burden associated with complying with the collection of information component of rule 19b–1(c). As noted above, the Commission staff understands that funds that file an application under rule 19b–1(e) generally use outside counsel to prepare 3 The notice requirement in rule 19b–1(c)(2) (17 CFR 270.19b–1(c)(2)) supplements the notice requirement of section 19(a) [15 U.S.C. 80a–19(a)] and rule 19a–1 [17 CFR 270.19a–1], which requires any distribution in the nature of a dividend payment made by a fund to its investors to be accompanied by a notice disclosing the source of the distribution. 4 Rule 19b–1(e) also requires that the application comply with rule 0–2 [17 CFR 270.02], which sets forth the general requirements for papers and applications filed with the Commission. 5 These hourly rate estimates are derived from annual salaries reported in: Securities Industry and Financial Markets Association, Management and Professional Earnings in the Securities Industry (2007) and Securities Industry and Financial Markets Association, Office Salaries in the Securities Industry (2007). 6 This estimate is based on the following calculations: $1298.50 (3.5 hours × $371 = $1298.5) plus $32.50 (0.5 hours × $65 = $32.50) equals $1331.00 (cost of one application); $1331 × 5 applications = $6655 total cost. PO 00000 Frm 00095 Fmt 4703 Sfmt 4703 the application.7 The staff estimates that, on average, outside counsel spends 10 hours preparing a rule 19b–1(e) application, including eight hours by an associate and two hours by a partner. Outside counsel billing arrangements and rates vary based on numerous factors. Based on conversations with outside counsel and average billing rates of outside counsel the staff estimates that the average cost of outside counsel preparation of the 19b–(e) exemptive application is $5,000. Thus, the staff estimates that the total annual cost burden imposed by the exemptive application requirements of rule 19b–1(e) is $25,000.8 The Commission staff estimates that there are approximately 6030 UITs,9 which may rely on rule 19b–1(c) to make capital gains distributions. The staff estimates that, on average, these UITs rely on rule 19b–1(c) once a year to make a capital gains distribution.10 In most cases, the trustee of the UIT is responsible for preparing and sending the notices that must accompany a capital gains distribution under rule 19b–1(c)(2). These notices require limited preparation, the cost of which accounts for only a small, indiscrete portion of the comprehensive fee charged by the trustee for its services to the UIT. The staff believes that as a matter of good business practices, and for tax preparation reasons, UITs would collect and distribute the capital gains information required to be sent to unit holders under rule 19b–1(c) even in the absence of the rule. The staff estimates that the cost of preparing a notice for a capital gains distribution under rule 19b–1(c)(2) is approximately $50. There is no separate cost to mail the notices because they are mailed with the capital gains distribution. Thus, the staff estimates that the capital gains distribution notice requirement imposes an annual cost on UITs of approximately $301,500.11 The staff therefore estimates that the total cost 7 This understanding is based on conversations with representatives from the fund industry. 8 This estimate is based on the following calculation: $5,000 multiplied by 5 (funds) equals $25,000. 9 The Investment Company Institute, Unit Investment Trust Data (April, 2008). 10 The number of times UITs rely on the rule to make capital gains distributions depends on a wide range of factors and, thus, can vary greatly across years. A number of UITs are organized as grantor trusts, and therefore do not generally make capital gains distributions under rule 19b–1(c), or may not rely on rule 19b–1(c) as they do not meet the rule’s requirements. Other UITs may distribute capital gains biannually, annually, quarterly, or at other intervals. 11 This estimate is based on the following calculation: 6030 UITs multiplied by $50 equals $301,500. E:\FR\FM\08JYN1.SGM 08JYN1

Agencies

[Federal Register Volume 73, Number 131 (Tuesday, July 8, 2008)]
[Notices]
[Pages 39061-39062]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 08-1420]


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

NUCLEAR REGULATORY COMMISSION


Sunshine Federal Register Notice

Agency Holding the Meetings: Nuclear Regulatory Commission.

Date: Weeks of July 7, 14, 21, 28, August 4, 11, 2008.

Place: Commissioners' Conference Room, 11555 Rockville Pike, Rockville, 
Maryland.

Status: Public and closed.

Week of July 7, 2008

    There are no meetings scheduled for the week of July 7, 2008.

Week of July 14, 2008--Tentative

Thursday, July 17, 2008

1 p.m.
    Briefing on Fire Protection Issues (Public Meeting) (Contact: Alex 
Klein, 301 415-2822).

    This meeting will be Webcast live at the Web address--https://
www.nrc.gov.

Week of July 21, 2008--Tentative

Wednesday, July 23, 2008

1:30 p.m.
    Discussion of Security Issues (Closed--Ex. 1 & 3).

Thursday, July 24, 2008

1:30 p.m.
    Discussion of Security Issues (Closed--Ex. 1 & 3).

Week of July 28, 2008--Tentative

    There are no meetings scheduled for the week of July 28, 2008.

Week of August 4, 2008--Tentative

    There are no meetings scheduled for the week of August 4, 2008.

Week of August 11, 2008--Tentative

Tuesday, August 12, 2008

1:30 p.m.
    Meeting with FEMA and State and Local Representatives on Offsite 
Emergency Preparedness Issues (Public Meeting) (Contact: Chris Miller, 
301 415-1086).

    This meeting will be Webcast live at the Web address--https://
www.nrc.gov.

Thursday, August 14, 2008

1:30 p.m.
    Meeting with Organization of Agreement States (OAS) and Conference 
of Radiation Control Program Directors (CRCPD) (Public Meeting) 
(Contact: Andrea Jones, 301 415-2309).

    This meeting will be Webcast live at the Web address--https://
www.nrc.gov.
    *The schedule for Commission meetings is subject to change on short 
notice. To verify the status of meetings, call (recording)--(301) 415-
1292. Contact person for more information: Michelle Schroll, (301) 415-
1662.
    The NRC Commission Meeting Schedule can be found on the Internet 
at: https://www.nrc.gov/about-nrc/policy-making/schedule.html.
    The NRC provides reasonable accommodation to individuals with 
disabilities where appropriate. If you need a reasonable accommodation 
to participate in these public meetings, or need this meeting notice or 
the transcript or other information from the public meetings in another 
format (e.g., braille, large print), please notify the NRC's Disability 
Program Coordinator, Rohn Brown, at 301-492-2279, TDD: 301-415-2100, or 
by e-mail at REB3@nrc.gov. Determinations on requests for reasonable 
accommodation will be made on a case-by-case basis.
    This notice is distributed by mail to several hundred subscribers; 
if you no

[[Page 39062]]

longer wish to receive it, or would like to be added to the 
distribution, please contact the Office of the Secretary, Washington, 
DC 20555 (301-415-1969). In addition, distribution of this meeting 
notice over the Internet system is available. If you are interested in 
receiving this Commission meeting schedule electronically, please send 
an electronic message to dkw@nrc.gov.

    Dated: July 2, 2008.
R. Michelle Schroll,
Office of the Secretary.
[FR Doc. 08-1420 Filed 7-3-08; 10:41 am]
BILLING CODE 7590-01-P
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