Promoting Diversification of Ownership in the Broadcasting Services, 29485 [E9-14597]
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Federal Register / Vol. 74, No. 118 / Monday, June 22, 2009 / Notices
FEDERAL COMMUNICATIONS
COMMISSION
[MB Docket Nos. 07–294; 06–121; 02–277;
04–228; MM Docket Nos. 01–235; 01–317;
00–244; DA 09–1221]
Promoting Diversification of
Ownership in the Broadcasting
Services
pwalker on PROD1PC71 with NOTICES
AGENCY: Federal Communications
Commission.
ACTION: Notice.
SUMMARY: The Media Bureau Order
suspends the biennial filing requirement
for the existing Form 323 for licensees
who would otherwise be required to file
their biennial ownership report between
May 29, 2009 and November 1, 2009.
There are three filing dates between
May 29, 2009 and November 1, 2009:
June 1, August 1, and October 1.
FOR FURTHER INFORMATION CONTACT:
Mania Baghdadi, (202) 418–2330; Amy
Brett (202) 418–2330.
SUPPLEMENTARY INFORMATION: On May 5,
2009, the Commission released a Report
and Order and Fourth Further Notice of
Proposed Rulemaking in its
Diversification of Ownership
proceeding (‘‘Order’’). In pertinent part,
the Order revised certain requirements
for filing FCC Form 323, which provides
ownership information about broadcast
facilities. The Order enlarged the class
of broadcast licensees required to file
FCC Form 323 biennially, and it
substituted a uniform biennial filing
deadline for the current system of
rolling filing deadlines that are tied to
a station’s renewal anniversary.
Pursuant to these new requirements, all
commercial full power AM, FM, and TV
stations; LPTV and Class A stations; and
entities with attributable or reportable
interests in them, are required to file the
revised FCC Form 323 on or before
November 1, 2009, with information
current as of October 1, 2009, and to file
biennially thereafter. For purposes of
the biennial filing requirement, the
Order provided that certain
nonattributable interests would be
reportable: (1) Minority voting stock
interests in a corporation with a single
majority shareholder, and (2) interests
in an eligible entity that would
otherwise be attributable under the
Equity/Debt Plus attribution rule.
On its own motion, the Commission’s
Media Bureau is suspending the filing
requirement for the existing Form 323
for licensees that would otherwise be
required to file from May 29, 2009, the
date the Media Bureau Order was
released, through November 1, 2009.
The Media Bureau believes that it is in
VerDate Nov<24>2008
16:55 Jun 19, 2009
Jkt 217001
the public interest to relieve filers from
the burden of filing the existing Form
323 within the six months prior to the
new November 1 filing requirement. On
balance, the burden of requiring
licensees and other entities to file twice
within a six-month period outweighs
the benefit of receiving the ownership
information. In addition, a suspension
of the filing requirement will not impair
the ability to assess the state of minority
or female ownership. In the event that
the OMB approval for the new Form 323
has not been received by the November
1, 2009 filing deadline, all filers who
would have been required to file Form
323 between May 29, 2009 and
November 1, 2009, will be required to
file the existing Form 323 by November
1, 2009.
Accordingly, it is ordered, that
pursuant to authority under sections 4(i)
and 303(r) of the Communications Act
of 1934, as amended, 47 U.S.C. 154 and
303(r) and pursuant to authority
delegated to the Media Bureau pursuant
to §§ 0.204 and 0.283 of the
Commission’s rules, 47 CFR 0.204 and
0.283, a suspension of the filing
requirements as described in the Media
Bureau Order is granted, sua sponte.
Federal Communications Commission.
Robert H. Ratcliffe,
Acting Chief, Media Bureau.
[FR Doc. E9–14597 Filed 6–19–09; 8:45 am]
BILLING CODE 6712–01–P
FEDERAL ELECTION COMMISSION
Sunshine Act Notices
Federal Election Commission.
Wednesday, June 24,
2009, 11 a.m.
PLACE: 999 E Street, NW., Washington,
DC (Ninth Floor).
STATUS: This meeting will be closed to
the public.
AGENCY:
DATE AND TIME:
Items To Be Discussed
Compliance matters pursuant to 2
U.S.C. 437g;
Audits conducted pursuant to 2
U.S.C. 437g, § 438(b), and Title 26,
U.S.C.;
Matters concerning participation in
civil actions or proceedings or
arbitration; and
Internal personnel rules and
procedures or matters affecting a
particular employee.
*
*
*
*
*
DATE AND TIME: Thursday, June 25,
2009, at 10 a.m.
PLACE: 999 E Street, NW., Washington,
DC (Ninth Floor).
PO 00000
Frm 00024
Fmt 4703
Sfmt 4703
29485
STATUS: This meeting will be open to
the public.
Items To Be Discussed
Correction and Approval of Minutes;
Draft Advisory Opinion 2009–07:
Representative Randy Neugebauer, by
Benjamin L. Ginsberg, and Kathryn
Biber Chen;
Draft Advisory Opinion 2009–12:
Senator Norm Coleman, by Benjamin
Ginsberg, William McGinley, and
Kathryn Biber Chen; and
Final Rule on Civil Penalty Inflation
Adjustments. Management and
Administrative Matters.
Individuals who plan to attend and
require special assistance, such as sign
language interpretation or other
reasonable accommodations, should
contact Mary Dove, Commission
Secretary, at (202) 694–1040, at least 72
hours prior to the hearing date.
PERSON TO CONTACT FOR INFORMATION:
Judith Ingram, Press Officer Telephone:
(202) 694–1220.
Mary W. Dove,
Secretary of the Commission.
[FR Doc. E9–14640 Filed 6–18–09; 4:15 pm]
BILLING CODE 6715–01–M
FEDERAL RESERVE SYSTEM
Change in Bank Control Notices;
Acquisition of Shares of Bank or Bank
Holding Companies
The notificants listed below have
applied under the Change in Bank
Control Act (12 U.S.C. 1817(j)) and
§ 225.41 of the Board’s Regulation Y (12
CFR 225.41) to acquire a bank or bank
holding company. The factors that are
considered in acting on the notices are
set forth in paragraph 7 of the Act (12
U.S.C. 1817(j)(7)).
The notices are available for
immediate inspection at the Federal
Reserve Bank indicated. The notices
also will be available for inspection at
the office of the Board of Governors.
Interested persons may express their
views in writing to the Reserve Bank
indicated for that notice or to the offices
of the Board of Governors. Comments
must be received not later than July 7,
2009.
A. Federal Reserve Bank of Kansas
City (Todd Offenbacker, Assistant Vice
President) 1 Memorial Drive, Kansas
City, Missouri 64198–0001:
1. B. Dirk Bagenstos and Lesley D.
Bagenstos, both of Cherokee, Oklahoma;
to acquire voting shares of First Keyes
Bancshares, Inc., and thereby indirectly
acquire voting shares of The First State
Bank, both of Keyes, Oklahoma.
E:\FR\FM\22JNN1.SGM
22JNN1
]]>Agencies
[Federal Register Volume 74, Number 118 (Monday, June 22, 2009)]
[Notices]
[Page 29485]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-14597]
[[Page 29485]]
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FEDERAL COMMUNICATIONS COMMISSION
[MB Docket Nos. 07-294; 06-121; 02-277; 04-228; MM Docket Nos. 01-235;
01-317; 00-244; DA 09-1221]
Promoting Diversification of Ownership in the Broadcasting
Services
AGENCY: Federal Communications Commission.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Media Bureau Order suspends the biennial filing
requirement for the existing Form 323 for licensees who would otherwise
be required to file their biennial ownership report between May 29,
2009 and November 1, 2009. There are three filing dates between May 29,
2009 and November 1, 2009: June 1, August 1, and October 1.
FOR FURTHER INFORMATION CONTACT: Mania Baghdadi, (202) 418-2330; Amy
Brett (202) 418-2330.
SUPPLEMENTARY INFORMATION: On May 5, 2009, the Commission released a
Report and Order and Fourth Further Notice of Proposed Rulemaking in
its Diversification of Ownership proceeding (``Order''). In pertinent
part, the Order revised certain requirements for filing FCC Form 323,
which provides ownership information about broadcast facilities. The
Order enlarged the class of broadcast licensees required to file FCC
Form 323 biennially, and it substituted a uniform biennial filing
deadline for the current system of rolling filing deadlines that are
tied to a station's renewal anniversary. Pursuant to these new
requirements, all commercial full power AM, FM, and TV stations; LPTV
and Class A stations; and entities with attributable or reportable
interests in them, are required to file the revised FCC Form 323 on or
before November 1, 2009, with information current as of October 1,
2009, and to file biennially thereafter. For purposes of the biennial
filing requirement, the Order provided that certain nonattributable
interests would be reportable: (1) Minority voting stock interests in a
corporation with a single majority shareholder, and (2) interests in an
eligible entity that would otherwise be attributable under the Equity/
Debt Plus attribution rule.
On its own motion, the Commission's Media Bureau is suspending the
filing requirement for the existing Form 323 for licensees that would
otherwise be required to file from May 29, 2009, the date the Media
Bureau Order was released, through November 1, 2009. The Media Bureau
believes that it is in the public interest to relieve filers from the
burden of filing the existing Form 323 within the six months prior to
the new November 1 filing requirement. On balance, the burden of
requiring licensees and other entities to file twice within a six-month
period outweighs the benefit of receiving the ownership information. In
addition, a suspension of the filing requirement will not impair the
ability to assess the state of minority or female ownership. In the
event that the OMB approval for the new Form 323 has not been received
by the November 1, 2009 filing deadline, all filers who would have been
required to file Form 323 between May 29, 2009 and November 1, 2009,
will be required to file the existing Form 323 by November 1, 2009.
Accordingly, it is ordered, that pursuant to authority under
sections 4(i) and 303(r) of the Communications Act of 1934, as amended,
47 U.S.C. 154 and 303(r) and pursuant to authority delegated to the
Media Bureau pursuant to Sec. Sec. 0.204 and 0.283 of the Commission's
rules, 47 CFR 0.204 and 0.283, a suspension of the filing requirements
as described in the Media Bureau Order is granted, sua sponte.
Federal Communications Commission.
Robert H. Ratcliffe,
Acting Chief, Media Bureau.
[FR Doc. E9-14597 Filed 6-19-09; 8:45 am]
BILLING CODE 6712-01-P
