Technical Amendments, 68664-68665 [E9-30846]
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68664
Federal Register / Vol. 74, No. 248 / Tuesday, December 29, 2009 / Rules and Regulations
Federal Reserve System amends part
228 of chapter II of title 12 of the Code
of Federal Regulations as follows:
Department of the Treasury
DEPARTMENT OF THE TREASURY
Office of Thrift Supervision
Office of Thrift Supervision
12 CFR Chapter V
PART 228—COMMUNITY
REINVESTMENT (REGULATION BB)
12 CFR Part 502
■
For the reasons discussed in the joint
preamble, 12 CFR part 563e is amended
as follows:
Authority: 12 U.S.C. 321, 325, 1828(c),
1842, 1843, 1844, and 2901 et seq.
PART 563e—COMMUNITY
REINVESTMENT
2. Revise § 228.12(u)(1) to read as
follows:
■
§ 228.12
Authority: 12 U.S.C. 1462a, 1463, 1464,
1467a, 1814, 1816, 1828(c), and 2901 through
2907.
■
1. The authority citation for part 228
continues to read as follows:
■
1. The authority citation for part 563e
continues to read as follows:
Definitions.
*
*
*
*
*
(u) Small bank—(1) Definition. Small
bank means a bank that, as of December
31 of either of the prior two calendar
years, had assets of less than $1.098
billion. Intermediate small bank means
a small bank with assets of at least $274
million as of December 31 of both of the
prior two calendar years and less than
$1.098 billion as of December 31 of
either of the prior two calendar years.
*
*
*
*
*
Federal Deposit Insurance Corporation
12 CFR Chapter III
Authority and Issuance
For the reasons set forth in the joint
preamble, the Board of Directors of the
Federal Deposit Insurance Corporation
amends part 345 of chapter III of title 12
of the Code of Federal Regulations to
read as follows:
■
PART 345—COMMUNITY
REINVESTMENT
Authority: 12 U.S.C. 1814–1817, 1819–
1820, 1828, 1831u and 2901–2907, 3103–
3104, and 3108(a).
2. Revise § 345.12(u)(1) to read as
follows:
■
Definitions.
cprice-sewell on DSK2BSOYB1PROD with RULES
*
§ 563e.12
Definitions.
*
*
*
*
*
(u) Small savings association—(1)
Definition. Small savings association
means a savings association that, as of
December 31 of either of the prior two
calendar years, had assets of less than
$1.098 billion. Intermediate small
savings association means a small
savings association with assets of at
least $274 million as of December 31 of
both of the prior two calendar years and
less than $1.098 billion as of December
31 of either of the prior two calendar
years.
*
*
*
*
*
Dated: December 14, 2009.
Julie L. Williams,
First Senior Deputy Comptroller and Chief
Counsel.
By order of the Board of Governors of the
Federal Reserve System, acting through the
Secretary of the Board under delegated
authority,
Dated: December 16, 2009.
Jennifer J. Johnson,
Secretary of the Board.
1. The authority citation for part 345
continues to read as follows:
■
§ 345.12
2. Revise § 563e.12(u)(1) to read as
follows:
■
*
*
*
*
(u) Small bank—(1) Definition. Small
bank means a bank that, as of December
31 of either of the prior two calendar
years, had assets of less than $1.098
billion. Intermediate small bank means
a small bank with assets of at least $274
million as of December 31 of both of the
prior two calendar years and less than
$1.098 billion as of December 31 of
either of the prior two calendar years.
*
*
*
*
*
By order of the Board of Directors.
Dated at Washington, DC, this 17th day of
December 2009.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
Dated: December 10, 2009.
By the Office of Thrift Supervision,
John E. Bowman,
Acting Director.
[FR Doc. E9–30646 Filed 12–28–09; 8:45 am]
BILLING CODES 4810–33–P, 6210–01–P, 6714–01–P,
6720–01–P
[OTS No. 2009–0023]
Technical Amendments
AGENCY: Office of Thrift Supervision,
Treasury.
ACTION: Final rule.
SUMMARY: The Office of Thrift
Supervision (OTS) is amending its
regulations to incorporate technical and
conforming amendments.
DATES: Effective Date: December 29,
2009.
FOR FURTHER INFORMATION CONTACT:
Sandra E. Evans, Legal Information
Assistant (Regulations), (202) 906–6086,
or Marvin Shaw, Senior Attorney, (202)
906–6639, Regulations and Legislation
Division, Chief Counsel’s Office, Office
of Thrift Supervision, 1700 G Street,
NW., Washington, DC 20552.
SUPPLEMENTARY INFORMATION: OTS is
amending its regulations to incorporate
technical and conforming amendments
to Part 502—Assessments and Fees. The
final rule makes two changes to part
502. First, the final rule revises section
502.26(a)(1) with respect to the base
assessment amount for a savings and
loan holding company (SHLC).
Specifically, the final rule increases the
base assessment amount from $3,000 to
$3,500. The increase reflects the change
in the Thrift Bulletin TB 48–27 that
provides for an adjustment for inflation
that is permissible under part 502.
Second, the final rule revises section
502.29 with respect to the condition
component for a SLHC. Specifically, the
final rule replaces the term
‘‘unsatisfactory’’ with the phrase ‘‘a
composite rating of 4 or 5.’’ The new
phrase reflects a change in an agency
guidance titled Savings and Loan
Holding Company Rating System issued
in the Federal Register.1
Administrative Procedure Act; Riegle
Community Development and
Regulatory Improvement Act of 1994
OTS finds that there is good cause to
dispense with prior notice and comment
on this final rule and with the 30-day
delay of effective date mandated by the
Administrative Procedure Act.2 OTS
believes that these procedures are
unnecessary and contrary to public
interest because the rule merely makes
1 72
25
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15:16 Dec 28, 2009
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FR 72442, December 20, 2007.
U.S.C. 553.
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Federal Register / Vol. 74, No. 248 / Tuesday, December 29, 2009 / Rules and Regulations
a technical change to an existing
provision.
Section 302 of the Riegle Community
Development and Regulatory
Improvement Act of 1994 provides that
regulations that impose additional
reporting, disclosure, or other new
requirements may not take effect before
the first day of the quarter following
publication.3 This section does not
apply because this final rule imposes no
additional requirements and makes only
technical changes to existing
regulations.
Regulatory Flexibility Act
Pursuant to section 605(b) of the
Regulatory Flexibility Act,4 the OTS
Director certifies that this technical
corrections regulation will not have a
significant economic impact on a
substantial number of small entities.
Executive Order 12866
OTS has determined that this rule is
not a ‘‘significant regulatory action’’ for
purposes of Executive Order 12866.
Unfunded Mandates Reform Act of
1995
OTS has determined that the
requirements of this final rule will not
result in expenditures by State, local,
and tribal governments, or by the
private sector, of $100 million or more
in any one year. Accordingly, a
budgetary impact statement is not
required under section 202 of the
Unfunded Mandates Reform Act of 1995
Assessments, Reporting and
recordkeeping requirements, Savings
associations.
■ Accordingly, the Office of Thrift
Supervision amends title 12, chapter V
of the Code of Federal Regulations, as
set forth below.
PART 502—ASSESSMENTS AND FEES
1. The authority citation for part 502
continues to read as follows:
■
Authority: 5 U.S.C. 552, 559; 12 U.S.C.
1462a, 1463, 1467, 1467a.
2. Revise § 502.26(a)(1) as follows:
cprice-sewell on DSK2BSOYB1PROD with RULES
§ 502.26 How does OTS calculate the
semi-annual assessment for savings and
loan holding companies?
(a) * * *
(1) OTS will assess a base assessment
amount of $3,500 on responsible savings
and loan holding companies. The base
assessment amount reflects OTS’s
estimate of the base costs of conducting
3 Pub.
4 Pub.
L. No. 103–325, 12 U.S.C. 4802.
L. No. 96–354, 5 U.S.C. 601.
VerDate Nov<24>2008
15:16 Dec 28, 2009
Jkt 220001
■
3. Revise § 502.29(a) as follows:
§ 502.29 How does OTS determine the
condition component for a savings and loan
holding company?
(a) If the most recent examination
rating assigned to the responsible
savings and loan holding company (or
most recent examination rating assigned
to any savings and loan holding
company in the holding company
structure) is a composite rating of 4 or
5, OTS will assess a charge under the
condition component. The amount of
the condition component is equal to 100
percent of the sum of the base
assessment amount, the risk/complexity
component, and any organizational form
component.
*
*
*
*
*
Dated: December 18, 2009.
By the Office of Thrift Supervision.
John E. Bowman,
Acting Director.
[FR Doc. E9–30846 Filed 12–28–09; 8:45 am]
BILLING CODE 6720–01–P
Register approves this incorporation by
reference action under 1 CFR Part 51,
subject to the annual revision of FAA
Order 7400.9 and publication of
conforming amendments.
FOR FURTHER INFORMATION CONTACT:
Scott Enander, Central Service Center,
Operations Support Group, Federal
Aviation Administration, Southwest
Region, 2601 Meacham Blvd., Fort
Worth, TX 76137; telephone (817) 321–
7716.
SUPPLEMENTARY INFORMATION:
History
On October 14, 2009, the FAA
published in the Federal Register a
notice of proposed rulemaking to amend
Class E airspace for Burnet, TX,
reconfiguring controlled airspace at
Burnet Municipal Airport–Kate
Craddock Field, Burnet, TX (74 FR
52703) Docket No. FAA–2009–0859.
Interested parties were invited to
participate in this rulemaking effort by
submitting written comments on the
proposal to the FAA. No comments
were received. Class E airspace
designations are published in paragraph
6005 of FAA Order 7400.9T signed
August 27, 2009, and effective
September 15, 2009, which is
incorporated by reference in 14 CFR
71.1. The Class E airspace designations
listed in this document will be
published subsequently in the Order.
The Rule
DEPARTMENT OF TRANSPORTATION
List of Subjects in 12 CFR Part 502
■
on- and off-site supervision of a
noncomplex, low risk savings and loan
holding company structure. OTS will
periodically revise this amount to reflect
changes in inflation based on a readily
available index. OTS will establish the
revised amount of the base assessment
in a Thrift Bulletin.
*
*
*
*
*
68665
Federal Aviation Administration
14 CFR Part 71
[Docket No. FAA–2009–0859; Airspace
Docket No. 09–ASW–23]
Amendment of Class E Airspace;
Burnet, TX
AGENCY: Federal Aviation
Administration (FAA), DOT.
ACTION: Final rule.
SUMMARY: This action amends Class E
airspace for Burnet, TX, adding
additional controlled airspace to
accommodate Area Navigation (RNAV)
Standard Instrument Approach
Procedures (SIAPs) at Burnet Municipal
Airport—Kate Craddock Field, and
updates the geographic coordinates of
the Burnet Non-directional Radio
Beacon (NDB). The FAA is taking this
action to enhance the safety and
management of Instrument Flight Rule
(IFR) operations at the airport.
DATES: Effective 0901 UTC, April 8,
2010. The Director of the Federal
PO 00000
Frm 00005
Fmt 4700
Sfmt 4700
This action amends Title 14 Code of
Federal Regulations (14 CFR) Part 71 by
amending Class E airspace for the
Burnet, TX area, adding additional
controlled airspace extending upward
from 700 feet above the surface to
accommodate SIAPs at Burnet
Municipal Airport—Kate Craddock
Field, Burnet, TX. This action also
updates the geographic coordinates of
the Burnet NDB to coincide with the
FAA’s National Aeronautical Charting
Office. This action is necessary for the
safety and management of IFR
operations.
The FAA has determined that this
regulation only involves an established
body of technical regulations for which
frequent and routine amendments are
necessary to keep them operationally
current. Therefore, this regulation: (1) Is
not a ‘‘significant regulatory action’’
under Executive Order 12866; (2) is not
a ‘‘significant rule’’ under DOT
Regulatory Policies and Procedures (44
FR 11034; February 26, 1979); and (3)
does not warrant preparation of a
regulatory evaluation as the anticipated
impact is so minimal. Since this is a
routine matter that will only affect air
E:\FR\FM\29DER1.SGM
29DER1
]]>Agencies
[Federal Register Volume 74, Number 248 (Tuesday, December 29, 2009)]
[Rules and Regulations]
[Pages 68664-68665]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-30846]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Office of Thrift Supervision
12 CFR Part 502
[OTS No. 2009-0023]
Technical Amendments
AGENCY: Office of Thrift Supervision, Treasury.
ACTION: Final rule.
-----------------------------------------------------------------------
SUMMARY: The Office of Thrift Supervision (OTS) is amending its
regulations to incorporate technical and conforming amendments.
DATES: Effective Date: December 29, 2009.
FOR FURTHER INFORMATION CONTACT: Sandra E. Evans, Legal Information
Assistant (Regulations), (202) 906-6086, or Marvin Shaw, Senior
Attorney, (202) 906-6639, Regulations and Legislation Division, Chief
Counsel's Office, Office of Thrift Supervision, 1700 G Street, NW.,
Washington, DC 20552.
SUPPLEMENTARY INFORMATION: OTS is amending its regulations to
incorporate technical and conforming amendments to Part 502--
Assessments and Fees. The final rule makes two changes to part 502.
First, the final rule revises section 502.26(a)(1) with respect to the
base assessment amount for a savings and loan holding company (SHLC).
Specifically, the final rule increases the base assessment amount from
$3,000 to $3,500. The increase reflects the change in the Thrift
Bulletin TB 48-27 that provides for an adjustment for inflation that is
permissible under part 502. Second, the final rule revises section
502.29 with respect to the condition component for a SLHC.
Specifically, the final rule replaces the term ``unsatisfactory'' with
the phrase ``a composite rating of 4 or 5.'' The new phrase reflects a
change in an agency guidance titled Savings and Loan Holding Company
Rating System issued in the Federal Register.\1\
---------------------------------------------------------------------------
\1\ 72 FR 72442, December 20, 2007.
---------------------------------------------------------------------------
Administrative Procedure Act; Riegle Community Development and
Regulatory Improvement Act of 1994
OTS finds that there is good cause to dispense with prior notice
and comment on this final rule and with the 30-day delay of effective
date mandated by the Administrative Procedure Act.\2\ OTS believes that
these procedures are unnecessary and contrary to public interest
because the rule merely makes
[[Page 68665]]
a technical change to an existing provision.
---------------------------------------------------------------------------
\2\ 5 U.S.C. 553.
---------------------------------------------------------------------------
Section 302 of the Riegle Community Development and Regulatory
Improvement Act of 1994 provides that regulations that impose
additional reporting, disclosure, or other new requirements may not
take effect before the first day of the quarter following
publication.\3\ This section does not apply because this final rule
imposes no additional requirements and makes only technical changes to
existing regulations.
---------------------------------------------------------------------------
\3\ Pub. L. No. 103-325, 12 U.S.C. 4802.
---------------------------------------------------------------------------
Regulatory Flexibility Act
Pursuant to section 605(b) of the Regulatory Flexibility Act,\4\
the OTS Director certifies that this technical corrections regulation
will not have a significant economic impact on a substantial number of
small entities.
---------------------------------------------------------------------------
\4\ Pub. L. No. 96-354, 5 U.S.C. 601.
---------------------------------------------------------------------------
Executive Order 12866
OTS has determined that this rule is not a ``significant regulatory
action'' for purposes of Executive Order 12866.
Unfunded Mandates Reform Act of 1995
OTS has determined that the requirements of this final rule will
not result in expenditures by State, local, and tribal governments, or
by the private sector, of $100 million or more in any one year.
Accordingly, a budgetary impact statement is not required under section
202 of the Unfunded Mandates Reform Act of 1995
List of Subjects in 12 CFR Part 502
Assessments, Reporting and recordkeeping requirements, Savings
associations.
0
Accordingly, the Office of Thrift Supervision amends title 12, chapter
V of the Code of Federal Regulations, as set forth below.
PART 502--ASSESSMENTS AND FEES
0
1. The authority citation for part 502 continues to read as follows:
Authority: 5 U.S.C. 552, 559; 12 U.S.C. 1462a, 1463, 1467,
1467a.
0
2. Revise Sec. 502.26(a)(1) as follows:
Sec. 502.26 How does OTS calculate the semi-annual assessment for
savings and loan holding companies?
(a) * * *
(1) OTS will assess a base assessment amount of $3,500 on
responsible savings and loan holding companies. The base assessment
amount reflects OTS's estimate of the base costs of conducting on- and
off-site supervision of a noncomplex, low risk savings and loan holding
company structure. OTS will periodically revise this amount to reflect
changes in inflation based on a readily available index. OTS will
establish the revised amount of the base assessment in a Thrift
Bulletin.
* * * * *
0
3. Revise Sec. 502.29(a) as follows:
Sec. 502.29 How does OTS determine the condition component for a
savings and loan holding company?
(a) If the most recent examination rating assigned to the
responsible savings and loan holding company (or most recent
examination rating assigned to any savings and loan holding company in
the holding company structure) is a composite rating of 4 or 5, OTS
will assess a charge under the condition component. The amount of the
condition component is equal to 100 percent of the sum of the base
assessment amount, the risk/complexity component, and any
organizational form component.
* * * * *
Dated: December 18, 2009.
By the Office of Thrift Supervision.
John E. Bowman,
Acting Director.
[FR Doc. E9-30846 Filed 12-28-09; 8:45 am]
BILLING CODE 6720-01-P
