Nuclear Classification and Declassification, 67969-67970 [E9-30495]
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67969
Rules and Regulations
Federal Register
Vol. 74, No. 244
Tuesday, December 22, 2009
This section of the FEDERAL REGISTER
contains regulatory documents having general
applicability and legal effect, most of which
are keyed to and codified in the Code of
Federal Regulations, which is published under
50 titles pursuant to 44 U.S.C. 1510.
DEPARTMENT OF AGRICULTURE
Food and Nutrition Service
7 CFR Parts 273 and 274
Food Stamp Program
The Code of Federal Regulations is sold by
the Superintendent of Documents. Prices of
new books are listed in the first FEDERAL
REGISTER issue of each week.
CFR Correction
In Title 7 of the Code of Federal
Regulations, Parts 210 to 299, revised as
of January 1, 2009, on page 778, in
§ 273.9, in paragraph (c)(8), move the
last sentence in front of the sentence
before it, and on page 892, in § 274.12,
remove paragraphs (c)(1)(i) and (c)(1)(ii).
FOR FURTHER INFORMATION CONTACT: Fred
Ongcapin, U.S. Citizenship and
Immigration Services, Department of
Homeland Security, 20 Massachusetts
Avenue, NW., 2nd Floor, Washington,
DC 20529–2211, telephone (202) 272–
8221 (not a toll-free call).
SUPPLEMENTARY INFORMATION:
Need for Correction
[CIS No. 2460–08; DHS Docket No. USCIS–
2008–0039]
On October 28, 2009, the Department
of Homeland Security, and Department
of Justice, published an interim rule in
the Federal Register at 74 FR 55725,
implementing conforming amendments
to their respective regulations to comply
with the Consolidated Natural
Resources Act of 2008 (CNRA). The
CNRA extends the immigration laws of
the United States to the Commonwealth
of the Northern Mariana Islands (CNMI).
In the amendment to 8 CFR 299.1 and
8 CFR 299.5, DHS inadvertently omitted
the edition date and OMB Control
Number for the new Form I–9 CNMI,
‘‘CNMI Employment Eligibility
Verification.’’
USDA.
ACTION: Final rule; notice of approval of
Information Collection Request (ICR).
RIN 1615–AB77
Correction of Publication
SUMMARY: The final rule entitled Special
Supplemental Nutrition Program for
Women, Infants and Children (WIC):
Vendor Cost Containment was
published on October 8, 2009. The
Office of Management and Budget
cleared the associated information
collection requirements (ICR) on
November 2, 2009. This document
announces approval of the ICR.
DATES: The ICR associated with the final
rule published in the Federal Register
on October 8, 2009, at 74 FR 51745, was
approved by OMB on November 2,
2009, under OMB Control Number
0584–0043.
FOR FURTHER INFORMATION CONTACT:
Sandra Clark, Chief, Policy and Program
Development Branch, Supplemental
Food Programs Division, Food and
Nutrition Service, USDA, 3101 Park
Center Drive, Room 528, Alexandria,
Virginia 22302, (703) 305–2746, or
Sandy.Clark@fns.usda.gov.
Executive Office for Immigration
Review
DEPARTMENT OF AGRICULTURE
Food and Nutrition Service
7 CFR Part 246
[FR Doc. E9–30502 Filed 12–21–09; 8:45 am]
BILLING CODE 1505–01–D
[FNS–2009–0001]
RIN 0584–AD71
Special Supplemental Nutrition
Program for Women, Infants and
Children (WIC): Vendor Cost
Containment; Approval of Information
Collection Request
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AGENCY:
Food and Nutrition Service,
Dated: December 3, 2009.
Julia Paradis,
Administrator, Food and Nutrition Service.
[FR Doc. E9–30345 Filed 12–21–09; 8:45 am]
BILLING CODE 3410–30–P
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DEPARTMENT OF HOMELAND
SECURITY
8 CFR Parts 1, 208, 209, 212, 214, 217,
235, 245, 274a, 286, and 299
Accordingly, title 8, part 299 is
corrected as follows:
■
DEPARTMENT OF JUSTICE
PART 299—IMMIGRATION FORMS
§ 299.1
8 CFR Parts 1001, 1208, 1209, 1212,
1235, 1245 and 1274a
[Corrected]
1. In § 299.1, in the table, revise the
edition date for the ‘‘Form I–9 CNMI’’
from ‘‘xx–xx–xx’’ to read: ‘‘11–12–09’’.
■
[EOIR Docket No. 169 AG Order No. 3120–
2009]
§ 299.5
RIN 1125–AA67
■
Application of Immigration Regulations
to the Commonwealth of the Northern
Mariana Islands
U.S. Citizenship and
Immigration Services, DHS; Executive
Office for Immigration Review, DOJ.
ACTION: Interim final rule; correcting
amendment.
AGENCY:
SUMMARY: With this amendment, the
Department of Homeland Security
(DHS) corrects an inadvertent error that
was made in the interim final rule,
Application of Immigration Regulations
to the Commonwealth of the Northern
Mariana Islands, published in the
Federal Register on October 28, 2009, at
74 FR 55725.
DATES: This rule is effective December
22, 2009.
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[Corrected]
2. In § 299.5, in the table, revise the
currently assigned OMB control number
for ‘‘Form I–9 CNMI’’ from ‘‘1615–
XXXX’’ to read ‘‘1615–0112’’.
Christina E. McDonald,
Deputy Associate General Counsel for
Regulatory Affairs, Department of Homeland
Security.
[FR Doc. E9–30287 Filed 12–21–09; 8:45 am]
BILLING CODE 9111–97–P
DEPARTMENT OF ENERGY
10 CFR Part 1045
Nuclear Classification and
Declassification
CFR Correction
In Title 10 of the Code of Federal
Regulations, Part 500 to End, revised as
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67970
Federal Register / Vol. 74, No. 244 / Tuesday, December 22, 2009 / Rules and Regulations
of January 1, 2009, on page 979, in
§ 1045.14, in paragraph (a)(1)
introductory text, remove ‘‘DOE Director
of Declassification’’ and add in its place
‘‘Director of Classification’’.
I. Objective
FARM CREDIT ADMINISTRATION
The objective of this final rule is to
ensure that borrowers with loans
directly tied to a widely publicized
external index receive appropriate
disclosure of interest rate changes in
accordance with statutory requirements
while allowing System institutions to
provide the notices in a more efficient
manner.
12 CFR Part 617
II. Background
[FR Doc. E9–30495 Filed 12–21–09; 8:45 am]
BILLING CODE 1505–01–D
RIN 3052–AC45
Borrower Rights; Effective Interest
Rates
Farm Credit Administration.
Final rule.
AGENCY:
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ACTION:
SUMMARY: The Farm Credit
Administration (FCA or we) issues a
final rule amending the disclosure
requirements governing what initial and
subsequent disclosures a Farm Credit
System (FCS or System) qualified lender
must make to a borrower when the
borrower’s adjustable rate loan’s interest
rate is directly tied to a widely
publicized external index. The final rule
requires qualified lenders to include, in
the initial disclosure to borrowers (at
loan closing), how and where to obtain
information on changes to the external
index. The final rule also requires
qualified lenders to make the
disclosures to ‘‘existing’’ borrowers with
adjustable rate loans directly tied to a
widely publicized external index who
had not previously been given the
‘‘new’’ initial disclosures. In addition,
the final rule allows qualified lenders to
send written notices of subsequent rate
changes to borrowers within 45 days
after the effective date of the change or
as part of the borrower’s first regularly
scheduled billing statement affected by
the rate change.
DATES: Effective Date: This regulation
will be effective 30 days after
publication in the Federal Register
during which either or both Houses of
Congress are in session. We will publish
a notice of the effective date in the
Federal Register.
FOR FURTHER INFORMATION CONTACT:
Jacqueline R. Melvin, Policy Analyst,
Office of Regulatory Policy, Farm Credit
Administration, McLean, VA 22102–
5090, (703) 883–4498, TTY (703) 883–
4434, or Howard Rubin, Senior Counsel,
Office of General Counsel, Farm Credit
Administration, McLean, VA 22102–
5090, (703) 883–4020, TTY (703) 883–
4020.
SUPPLEMENTARY INFORMATION:
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Section 4.13(a)(4) of the Farm Credit
Act of 1971, as amended (Act), requires
qualified lenders to provide borrowers,
for all loans not subject to the Truth in
Lending Act (15 U.S.C. 1601 et seq.),
‘‘meaningful and timely disclosure’’ of
any change in the interest rate
applicable to the borrower’s loan within
a ‘‘reasonable time after the effective
date’’ of a change.1 Under our current
rules, where the borrower’s interest rate
is directly tied to a widely publicized
external index, qualified lenders must
provide a written notice to the borrower
within 45 days after the effective date of
the change; where the borrower’s rate is
not directly tied to a widely publicized
external index, qualified lenders must
send written notice within 10 days.2
On June 19, 2009 (74 FR 29143), the
FCA published a proposed rule in the
Federal Register that would amend two
sections of the disclosure requirements
in part 617 of FCA’s regulations. First,
we proposed enhancing the initial
information a qualified lender gives to
borrowers with loans directly tied to a
widely publicized external index.
Second, we proposed that the
subsequent disclosure notifying the
borrower of changes in the external
index be included in the first regularly
scheduled billing statement after the
effective date of the change. However, if
the borrower’s loan closed before the
proposed new initial disclosures
became effective, the qualified lender
would be required to provide written
notice of the rate change within 45 days
after the effective date of change.
1 12 U.S.C. 2199(a)(4). ‘‘Qualified lenders’’
include System lenders (except for a bank for
cooperatives), and non-System lenders (other
financing institutions (OFIs)) for loans that OFIs
make with funding from a Farm Credit bank. See
12 U.S.C. 2202a(a)(6).
2 12 CFR 617.7135(a). FCA considers the
nationally published commercial bank Prime Rate
and the London Interbank Offered Rate (LIBOR) to
be the primary examples of widely publicized
external indexes. Other rates may also meet the
criteria, but the qualified lender must ensure that
the rate is published in a source readily available
to its borrowers. See 68 FR 5587 (Feb. 4, 2003).
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III. Summary of Comments on the
Proposed Rule
The FCA received comments from
two Farm Credit banks and one
agricultural credit association on the
proposed rule. Commenters expressed
concern that the new rule would add
burden by requiring a ‘‘dual’’ disclosure
regime (one disclosure system for new
borrowers and one for existing
borrowers). Commenters also requested
clarification on what information a
qualified lender must provide to a
borrower with the initial disclosure.
IV. Summary of Changes to the Final
Rule
After careful review of comments
received, the final rule eliminates the
need for a ‘‘dual’’ notice regime by
revising § 617.7135 to require that the
new § 617.7130(b)(6) disclosures be
provided to all borrowers with a loan
interest rate directly tied to a widely
publicized external index. The final rule
gives qualified lenders the option of
continuing to give borrowers the 45-day
rate change notice required under the
current rule or to give notice of the rate
change as part of the borrower’s first
regularly scheduled billing statement
affected by the rate change. In addition,
we also added a provision to § 617.7135
that requires qualified lenders to
provide a one-time notice to applicable
borrowers with adjustable rate loans
directly tied to a widely publicized
external index who did not previously
receive the initial disclosures required
by new § 617.7130(b)(6). We also made
changes to the language of final
§ 617.7130(b)(6)(i) and (ii); these
clarifications are consistent with the
intent of the proposed rule and do not
represent substantive changes. The
comments and corresponding changes
to the final rule are more fully discussed
in the section-by-section analysis below.
V. FCA’s Section-by-Section Analysis of
Comments With FCA’s Response
A. Initial Disclosure Requirement
Comment: One commenter requested
more guidance as to the FCA’s
expectations on the level of detail that
qualified lenders will be required to
provide to borrowers to satisfy the
initial disclosures. For example, the
commenter wanted to know whether a
reference to the Wall Street Journal or a
single Web site would satisfy the
requirements of the proposed rule.
Response: Section 617.7130(b)(1)
through (b)(5) of our regulations
provides qualified lenders the level of
information that must be given to
borrowers at loan closing regarding
adjustable rate loans. We proposed
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Agencies
[Federal Register Volume 74, Number 244 (Tuesday, December 22, 2009)]
[Rules and Regulations]
[Pages 67969-67970]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-30495]
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DEPARTMENT OF ENERGY
10 CFR Part 1045
Nuclear Classification and Declassification
CFR Correction
In Title 10 of the Code of Federal Regulations, Part 500 to End,
revised as
[[Page 67970]]
of January 1, 2009, on page 979, in Sec. 1045.14, in paragraph (a)(1)
introductory text, remove ``DOE Director of Declassification'' and add
in its place ``Director of Classification''.
[FR Doc. E9-30495 Filed 12-21-09; 8:45 am]
BILLING CODE 1505-01-D