Sherwood Martinelli; Receipt of Petition for Rulemaking, 8843-8844 [2010-3989]
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Proposed Rules
Federal Register
Vol. 75, No. 38
Friday, February 26, 2010
This section of the FEDERAL REGISTER
contains notices to the public of the proposed
issuance of rules and regulations. The
purpose of these notices is to give interested
persons an opportunity to participate in the
rule making prior to the adoption of the final
rules.
NUCLEAR REGULATORY
COMMISSION
10 CFR Part 50
[Docket No. PRM–50–94; RC–2010–0004]
Sherwood Martinelli; Receipt of
Petition for Rulemaking
Nuclear Regulatory
Commission.
ACTION: Petition for rulemaking; notice
of receipt.
sroberts on DSKD5P82C1PROD with PROPOSALS
AGENCY:
SUMMARY: The Nuclear Regulatory
Commission (NRC) is publishing for
public comment a notice of receipt of a
petition for rulemaking, dated December
23, 2009, which was filed with the NRC
by Sherwood Martinelli. The petition
was docketed by the NRC on December
24, 2009, and has been assigned Docket
No. PRM–50–94. The petitioner requests
that the NRC amend its regulations
regarding the domestic licensing of
production and utilization facilities.
Specifically, the petitioner requests that
the NRC revise its regulations as they
relate to decommissioning and
decommissioning funding.
DATES: Submit comments by May 12,
2010. Comments received after this date
will be considered if it is practical to do
so, but the NRC is able to assure
consideration only for comments
received on or before this date.
ADDRESSES: Please include Docket ID
NRC–2010–0004 in the subject line of
your comments. Comments submitted in
writing or in electronic form will be
posted on the NRC Web site and on the
Federal rulemaking Web site
Regulations.gov. Because your
comments will not be edited to remove
any identifying or contact information,
the NRC cautions you against including
any information in your submission that
you do not want to be publicly
disclosed.
The NRC requests that any party
soliciting or aggregating comments
received from other persons for
submission to the NRC inform those
persons that the NRC will not edit their
VerDate Nov<24>2008
16:27 Feb 25, 2010
Jkt 220001
comments to remove any identifying or
contact information, and therefore, they
should not include any information in
their comments that they do not want
publicly disclosed.
You may submit comments by any
one of the following methods.
Federal Rulemaking Web Site: Go to
https://www.regulations.gov and search
for documents filed under Docket ID
NRC–2010–0004. Comments may be
submitted electronically through this
Web site. Address questions about NRC
dockets to Carol Gallagher, 301–492–
3668, e-mail Carol.Gallagher@nrc.gov.
Mail comments to: Secretary, U.S.
Nuclear Regulatory Commission,
Washington, DC 20555–0001, Attn:
Rulemakings and Adjudications Staff.
E-mail comments to:
Rulemaking.Comments@nrc.gov. If you
do not receive a reply e-mail confirming
that we have received your comments,
contact us directly at (301) 415–1677.
Hand-deliver comments to: 11555
Rockville Pike, Rockville, Maryland
20852, between 7:30 am and 4:15 pm
Federal workdays (telephone (301) 415–
1677).
Fax comments to: Secretary, U.S.
Nuclear Regulatory Commission at (301)
415–1101.
You can access publicly available
documents related to this petition,
including the incoming petition for
rulemaking, using the following
methods:
NRC’s Public Document Room (PDR):
The public may examine and have
copied for a fee publicly available
documents the NRC’s PDR, Room O1
F21, One White Flint North, 11555
Rockville Pike, Rockville, Maryland.
NRC’s Agencywide Documents Access
and Management System (ADAMS):
Publicly available documents created or
received at the NRC, including the
incoming petition for rulemaking
(ADAMS Accession No. ML093620175),
are available electronically at the NRC’s
Electronic Reading Room at https://
www.nrc.gov/reading-rm/adams.html.
From this page, the public can gain
entry into ADAMS, which provides text
and image files of NRC’s public
documents. If you do not have access to
ADAMS or if there are problems in
accessing the documents located in
ADAMS, contact the NRC’s PDR
Reference staff at 1–800–397–4209, 301–
415–4737 or by e-mail to
pdr.resource@nrc.gov.
PO 00000
Frm 00001
Fmt 4702
Sfmt 4702
Federal Rulemaking Web Site: Public
comments and supporting materials
related to this petition for rulemaking
can be found at https://
www.regulations.gov by searching on
Docket ID NRC–2010–0004.
FOR FURTHER INFORMATION CONTACT:
Michael T. Lesar, Chief, Rulemaking
and Directives Branch, Division of
Administrative Services, Office of
Administration, U.S. Nuclear Regulatory
Commission, Washington, DC 20555–
0001, Telephone: 301–492–3663 or Toll
Free: 800–368–5642.
SUPPLEMENTARY INFORMATION:
Background
Sherwood Martinelli (petitioner)
submitted a petition for rulemaking
dated December 23, 2009. The petitioner
requests that the NRC revise its
regulations as they relate to
decommissioning and decommissioning
funding. The NRC has determined that
the petition meets the threshold
sufficiency requirements for a petition
for rulemaking under 10 CFR 2.802. The
petition has been docketed as PRM–50–
94. The NRC is requesting public
comment on the petition for rulemaking.
Discussion of the Petition
The petitioner believes that with the
current state of the economy, a 2-year
reporting requirement is not adequate to
ensure the safety and adequacy of funds
set aside for the decommissioning of a
nuclear power plant. The petitioner
requests that the NRC amend its
regulations to require yearly reporting
by licensees on the status of these
financial mechanisms used to ensure
funding, and biannual reporting if the
license is within 5 years of expiration.
The petitioner further requests that the
NRC require additional deposits to the
funding accounts within 90 days from
the time a shortage is noted in the
annual reports.
According to the petitioner, licensees
may choose from three alternative
decommissioning strategies: DECON
(immediate removal or
decontamination), SAFSTOR (‘‘delayed
DECON’’), or ENTOMB (permanent
encasement onsite). The petitioner
believes that the SAFSTOR
decommissioning option allows
licensees to turn the reactor sites into
long-term high-level waste storage
facilities. The petitioner cites the NRC
Fact Sheet, Decommissioning Nuclear
E:\FR\FM\26FEP1.SGM
26FEP1
8844
Federal Register / Vol. 75, No. 38 / Friday, February 26, 2010 / Proposed Rules
Power Plants, which states that a
decision by a licensee to adopt a
combination of DECON and SAFSTOR
may be based on factors such as the
availability of waste disposal sites. The
petitioner believes that this wording
creates a loophole whereby a site
choosing the SAFSTOR option would
not be returned to unrestricted use
within a period of 60 years from the
time reactor operation ceases. The
petitioner requests that the NRC amend
its regulations to clarify that a licensee’s
choice of alternative decommissioning
strategy must result in the return of the
site to unrestricted use within 60 years
and that the NRC eliminate the
ENTOMB strategy as an option.
The petitioner believes that, if
implemented, the reporting and
financial assurance amendments
proposed would provide reasonable
assurance that funds will be available
when needed to clean up a plant site
and avoid costly legacy sites to be
cleaned up at taxpayer expense. With
respect to the proposal to clarify the
decommissioning strategies available to
licensees, the petitioner believes that
these proposed amendments assure that
portions of the facility containing
radioactive contaminants would be
removed or decommissioned to a level
that permits release of the property for
unrestricted use within 60 years after
the cessation of operations.
Dated at Rockville, Maryland, this 22nd
day of February, 2010.
For the Nuclear Regulatory Commission.
Annette L. Vietti-Cook,
Secretary of the Commission.
[FR Doc. 2010–3989 Filed 2–25–10; 8:45 am]
BILLING CODE 7590–01–P
DEPARTMENT OF THE TREASURY
31 CFR Part 103
RIN 1506–AB08
Financial Crimes Enforcement
Network; Amendment to the Bank
Secrecy Act Regulations—Reports of
Foreign Financial Accounts
Financial Crimes Enforcement
Network (FinCEN), Treasury.
ACTION: Notice of proposed rulemaking.
sroberts on DSKD5P82C1PROD with PROPOSALS
AGENCY:
SUMMARY: FinCEN, a bureau of the
Department of the Treasury (Treasury),
is proposing to revise the regulations
implementing the Bank Secrecy Act
(BSA) regarding reports of foreign
financial accounts. The proposed rule
would clarify which persons will be
required to file reports of foreign
financial accounts and which accounts
VerDate Nov<24>2008
16:27 Feb 25, 2010
Jkt 220001
will be reportable. In addition, the
proposed rule would exempt certain
persons with signature or other
authority over foreign financial accounts
from filing reports and would include
provisions intended to prevent United
States persons from avoiding this
reporting requirement.
DATES: Written comments on the notice
of proposed rulemaking may be
submitted on or before April 27, 2010.
ADDRESSES: You may submit comments,
identified by RIN 1506–AB08, by any of
the following methods:
• Federal e-rulemaking portal: https://
www.regulations.gov. Refer to Docket
Number Fincen–2009–0008 and follow
the instructions for submitting
comments.
• Mail: FinCEN, P.O. Box 39, Vienna,
VA 22183. Include RIN 1506–AB08 in
the body of the text.
Inspection of comments: Comments
may be inspected, between 10 a.m. and
4 p.m., in the FinCEN reading room in
Vienna, VA. Persons wishing to inspect
the comments submitted must request
an appointment with the Disclosure
Officer by telephoning (703) 905–5034
(not a toll-free call).
FOR FURTHER INFORMATION CONTACT:
Regulatory Policy and Programs
Division, FinCEN (800) 949–2732 and
select option 1.
SUPPLEMENTARY INFORMATION:
I. Introduction
The provision of the BSA authorizing
reports of foreign financial accounts
reflects congressional concern that
foreign financial institutions were being
used to evade domestic criminal, tax,
and regulatory laws. The House report
on the bill leading to the enactment of
the BSA described the use of
undisclosed foreign financial accounts
for a wide range of abuses.1 Nearly four
1 The House report states:
Considerable testimony was received by the
Committee from the Justice Department, the United
States Attorney for the Southern District of New
York, the Treasury Department, the Internal
Revenue Service, the Securities and Exchange
Commission, the Defense Department and the
Agency for International Development about serious
and widespread use of foreign financial facilities
located in secrecy jurisdictions for the purpose of
violating American law. Secret foreign bank
accounts and secret foreign financial institutions
have permitted proliferation of ‘white collar’ crime;
have served as the financial underpinning of
organized criminal operations in the United States;
have been utilized by Americans to evade income
taxes, conceal assets illegally, and purchase gold;
have allowed Americans and others to avoid the
law and regulations governing securities and
exchanges; have served as essential ingredients in
frauds including schemes to defraud the United
States; have served as the ultimate depository of
black market proceeds from Vietnam; have served
as a source of questionable financing for
conglomerate and other corporate stock
PO 00000
Frm 00002
Fmt 4702
Sfmt 4702
decades after the enactment of the BSA,
foreign financial accounts continue to
be used for many of the abuses
cataloged by Congress when it was
originally considering the enactment of
the BSA. For example, the Senate
Permanent Subcommittee on
Investigations has found that Americans
have continued to use complex schemes
to try to conceal their foreign financial
accounts in attempts to circumvent
United States law.2
Considerable effort has been made to
address these abuses. The Internal
Revenue Service (IRS), for example, has
several projects focused on the use of
offshore accounts to evade federal
income taxes.
II. Background
A. Statutory and Regulatory Background
The BSA, Titles I and II of Public Law
91–508, as amended, codified at 12
U.S.C. 1829b, 12 U.S.C. 1951–1959, and
31 U.S.C. 5311–5314 and 5316–5332,
authorizes the Secretary of the Treasury
(Secretary), among other things, to issue
regulations requiring persons to keep
records and file reports that are
determined to have a high degree of
usefulness in criminal, tax, regulatory,
and counterterrorism matters. The
regulations implementing the BSA
appear at 31 CFR Part 103. The
Secretary’s authority to administer the
BSA has been delegated to the Director
of FinCEN.
Under 31 U.S.C. 5314 the Secretary is
authorized to require any ‘‘resident or
citizen of the United States, or a person
in, and doing business in, the United
States, to * * * keep records and file
reports, when the resident, citizen, or
person makes a transaction or maintains
a relation for any person with a foreign
financial agency.’’ For this purpose,
foreign financial agency means ‘‘a
person acting for a person as a financial
institution bailee, depository trustee or
agent, or acting in a similar way related
to money, credit, securities, gold, or in
a transaction in money, credit, securities
or gold.’’ 3 The Secretary is also
acquisitions, mergers and takeovers; have covered
conspiracies to steal from the U.S. defense and
foreign aid funds; and have served as the cleansing
agent for ‘hot’ or illegally obtained monies. H.R.
Rep. No. 975 91st Cong. 2d Sess. 12 (1970).
2 See Tax Haven Banks and U.S. Tax Compliance,
Staff Report, Permanent Subcommittee on
Investigations, Senate Comm. on Homeland
Security and Governmental Affairs, (July 17, 2008);
Tax Haven Abuses: The Enablers, the Tools and
Secrecy, Staff Report, Permanent Subcommittee on
Investigations, Senate Comm. on Homeland
Security and Governmental Affairs, (Aug. 1, 2006).
3 See 31 U.S.C. 5312(a)(1) which excepts from the
definition of financial agency a person acting for a
country, a monetary or financial authority acting as
a monetary or financial authority or an international
E:\FR\FM\26FEP1.SGM
26FEP1
Agencies
[Federal Register Volume 75, Number 38 (Friday, February 26, 2010)]
[Proposed Rules]
[Pages 8843-8844]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-3989]
========================================================================
Proposed Rules
Federal Register
________________________________________________________________________
This section of the FEDERAL REGISTER contains notices to the public of
the proposed issuance of rules and regulations. The purpose of these
notices is to give interested persons an opportunity to participate in
the rule making prior to the adoption of the final rules.
========================================================================
Federal Register / Vol. 75, No. 38 / Friday, February 26, 2010 /
Proposed Rules
[[Page 8843]]
NUCLEAR REGULATORY COMMISSION
10 CFR Part 50
[Docket No. PRM-50-94; RC-2010-0004]
Sherwood Martinelli; Receipt of Petition for Rulemaking
AGENCY: Nuclear Regulatory Commission.
ACTION: Petition for rulemaking; notice of receipt.
-----------------------------------------------------------------------
SUMMARY: The Nuclear Regulatory Commission (NRC) is publishing for
public comment a notice of receipt of a petition for rulemaking, dated
December 23, 2009, which was filed with the NRC by Sherwood Martinelli.
The petition was docketed by the NRC on December 24, 2009, and has been
assigned Docket No. PRM-50-94. The petitioner requests that the NRC
amend its regulations regarding the domestic licensing of production
and utilization facilities. Specifically, the petitioner requests that
the NRC revise its regulations as they relate to decommissioning and
decommissioning funding.
DATES: Submit comments by May 12, 2010. Comments received after this
date will be considered if it is practical to do so, but the NRC is
able to assure consideration only for comments received on or before
this date.
ADDRESSES: Please include Docket ID NRC-2010-0004 in the subject line
of your comments. Comments submitted in writing or in electronic form
will be posted on the NRC Web site and on the Federal rulemaking Web
site Regulations.gov. Because your comments will not be edited to
remove any identifying or contact information, the NRC cautions you
against including any information in your submission that you do not
want to be publicly disclosed.
The NRC requests that any party soliciting or aggregating comments
received from other persons for submission to the NRC inform those
persons that the NRC will not edit their comments to remove any
identifying or contact information, and therefore, they should not
include any information in their comments that they do not want
publicly disclosed.
You may submit comments by any one of the following methods.
Federal Rulemaking Web Site: Go to https://www.regulations.gov and
search for documents filed under Docket ID NRC-2010-0004. Comments may
be submitted electronically through this Web site. Address questions
about NRC dockets to Carol Gallagher, 301-492-3668, e-mail
Carol.Gallagher@nrc.gov.
Mail comments to: Secretary, U.S. Nuclear Regulatory Commission,
Washington, DC 20555-0001, Attn: Rulemakings and Adjudications Staff.
E-mail comments to: Rulemaking.Comments@nrc.gov. If you do not
receive a reply e-mail confirming that we have received your comments,
contact us directly at (301) 415-1677.
Hand-deliver comments to: 11555 Rockville Pike, Rockville, Maryland
20852, between 7:30 am and 4:15 pm Federal workdays (telephone (301)
415-1677).
Fax comments to: Secretary, U.S. Nuclear Regulatory Commission at
(301) 415-1101.
You can access publicly available documents related to this
petition, including the incoming petition for rulemaking, using the
following methods:
NRC's Public Document Room (PDR): The public may examine and have
copied for a fee publicly available documents the NRC's PDR, Room O1
F21, One White Flint North, 11555 Rockville Pike, Rockville, Maryland.
NRC's Agencywide Documents Access and Management System (ADAMS):
Publicly available documents created or received at the NRC, including
the incoming petition for rulemaking (ADAMS Accession No. ML093620175),
are available electronically at the NRC's Electronic Reading Room at
https://www.nrc.gov/reading-rm/adams.html. From this page, the public
can gain entry into ADAMS, which provides text and image files of NRC's
public documents. If you do not have access to ADAMS or if there are
problems in accessing the documents located in ADAMS, contact the NRC's
PDR Reference staff at 1-800-397-4209, 301-415-4737 or by e-mail to
pdr.resource@nrc.gov.
Federal Rulemaking Web Site: Public comments and supporting
materials related to this petition for rulemaking can be found at
https://www.regulations.gov by searching on Docket ID NRC-2010-0004.
FOR FURTHER INFORMATION CONTACT: Michael T. Lesar, Chief, Rulemaking
and Directives Branch, Division of Administrative Services, Office of
Administration, U.S. Nuclear Regulatory Commission, Washington, DC
20555-0001, Telephone: 301-492-3663 or Toll Free: 800-368-5642.
SUPPLEMENTARY INFORMATION:
Background
Sherwood Martinelli (petitioner) submitted a petition for
rulemaking dated December 23, 2009. The petitioner requests that the
NRC revise its regulations as they relate to decommissioning and
decommissioning funding. The NRC has determined that the petition meets
the threshold sufficiency requirements for a petition for rulemaking
under 10 CFR 2.802. The petition has been docketed as PRM-50-94. The
NRC is requesting public comment on the petition for rulemaking.
Discussion of the Petition
The petitioner believes that with the current state of the economy,
a 2-year reporting requirement is not adequate to ensure the safety and
adequacy of funds set aside for the decommissioning of a nuclear power
plant. The petitioner requests that the NRC amend its regulations to
require yearly reporting by licensees on the status of these financial
mechanisms used to ensure funding, and biannual reporting if the
license is within 5 years of expiration. The petitioner further
requests that the NRC require additional deposits to the funding
accounts within 90 days from the time a shortage is noted in the annual
reports.
According to the petitioner, licensees may choose from three
alternative decommissioning strategies: DECON (immediate removal or
decontamination), SAFSTOR (``delayed DECON''), or ENTOMB (permanent
encasement onsite). The petitioner believes that the SAFSTOR
decommissioning option allows licensees to turn the reactor sites into
long-term high-level waste storage facilities. The petitioner cites the
NRC Fact Sheet, Decommissioning Nuclear
[[Page 8844]]
Power Plants, which states that a decision by a licensee to adopt a
combination of DECON and SAFSTOR may be based on factors such as the
availability of waste disposal sites. The petitioner believes that this
wording creates a loophole whereby a site choosing the SAFSTOR option
would not be returned to unrestricted use within a period of 60 years
from the time reactor operation ceases. The petitioner requests that
the NRC amend its regulations to clarify that a licensee's choice of
alternative decommissioning strategy must result in the return of the
site to unrestricted use within 60 years and that the NRC eliminate the
ENTOMB strategy as an option.
The petitioner believes that, if implemented, the reporting and
financial assurance amendments proposed would provide reasonable
assurance that funds will be available when needed to clean up a plant
site and avoid costly legacy sites to be cleaned up at taxpayer
expense. With respect to the proposal to clarify the decommissioning
strategies available to licensees, the petitioner believes that these
proposed amendments assure that portions of the facility containing
radioactive contaminants would be removed or decommissioned to a level
that permits release of the property for unrestricted use within 60
years after the cessation of operations.
Dated at Rockville, Maryland, this 22nd day of February, 2010.
For the Nuclear Regulatory Commission.
Annette L. Vietti-Cook,
Secretary of the Commission.
[FR Doc. 2010-3989 Filed 2-25-10; 8:45 am]
BILLING CODE 7590-01-P