Open Meeting of the President's Economic Recovery Advisory Board (the PERAB), 16575-16576 [2010-7502]

Download as PDF Federal Register / Vol. 75, No. 62 / Thursday, April 1, 2010 / Notices signing the comment for an association, business, labor union, etc. You may review DOT’s complete Privacy Act Statement in the Federal Register published on April 11, 2000 (65 FR 19477–78) or you may visit http:// Dockets Info.dot.gov. Docket: To read background documents or comments received, go to http://www.regulations.gov at any time or to Docket Operations in Room W12– 140 of the West Building Ground Floor at 1200 New Jersey Avenue, SE., Washington, DC, between 9 a.m. and 5 p.m., Monday through Friday, except Federal holidays. FOR FURTHER INFORMATION CONTACT: Rebecca MacPherson, Assistant Chief Counsel for Regulations, by telephone at (202) 267–3073 or be electronic mail at Rebecca.Macpherson@faa.gov. SUPPLEMENTARY INFORMATION: On February 18, 2010, the FAA published a notice in the Federal Register (75 FR 7306) seeking comment on a joint waiver request filed by Delta Air Lines and US Airways seeking a waiver from the prohibition on purchasing operating authorizations (‘‘slots’’ or ‘‘slot interest’’) at LaGuardia Airport. The comment period closed on March 22, 2010. The FAA finds it in the public interest to reopen the comment period for seven days to give all interested parties additional time to file rebuttal comments. Any rebuttal comments filed by April 5, 2010, will be considered. Issued in Washington, DC, on March 29, 2010. James W. Whitlow, Acting Chief Counsel. [FR Doc. 2010–7347 Filed 3–29–10; 4:15 pm] BILLING CODE 4910–13–P DEPARTMENT OF TRANSPORTATION Surface Transportation Board [STB Ex Parte No. 290 (Sub-No. 4)] Railroad Cost Recovery Procedures— Productivity Adjustment Surface Transportation Board. Adoption of a railroad cost recovery procedures productivity adjustment. AGENCY: mstockstill on DSKH9S0YB1PROD with NOTICES ACTION: SUMMARY: By decision served on February 1, 2010, the Board proposed to adopt 1.010 (1.0% per year) as the 2008 productivity adjustment, as measured by the average change in railroad productivity for the years 2004 through 2008. The February 1, 2010 decision provided an opportunity to file comments regarding any perceived data and computational errors in the Board’s VerDate Nov<24>2008 16:51 Mar 31, 2010 Jkt 220001 calculation. The Board’s decision also stated that the proposed productivity adjustment would become effective on March 1, 2010, unless the Board issued a further order postponing the effective date. On February 22, 2010, the Board received timely comments from the Western Coal Traffic League (WCTL) regarding the output index calculation for 2008. To allow for adequate consideration of WCTL’s comments, the Board issued a decision on February 26, 2010, postponing the effective date of the 2008 productivity adjustment pending further order of the Board. In its comments, WCTL questioned the 2008 output index as compared to the 2007 output index. In response to WCTL’s comments, we reviewed the calculations for the output indices for both of those years. This review revealed the inadvertent use of masked revenues from the waybill records in both the 2007 and 2008 calculations, and the exclusion of certain waybill records in the 2007 calculations. Once these errors were discovered and corrected, we verified that the output index calculations for the entire 2004– 2008 averaging period used unmasked revenues and did not improperly exclude waybill records. Accordingly, for the corrected 2008 productivity adjustment, the Board’s calculation of the output index for 2007 of 1.014 should be modified to 1.000, and the Board’s calculation of the output index for 2008 of 0.967 should be modified to 0.990. As a result, the corrected 5-year geometric mean of the annual change in productivity for the 2004–2008 period is 1.012 (or 1.2% per year). DATES: The productivity adjustment is effective on March 26, 2010. FOR FURTHER INFORMATION CONTACT: Michael Smith, (202) 245–0322. Assistance for the hearing impaired is available through the Federal Information Relay Service (FIRS) at 1– 800–877–8339. SUPPLEMENTARY INFORMATION: Additional information is contained in the Board’s decision, which is available on our Web site http://www.stb.dot.gov. This action will not significantly affect either the quality of the human environment or the conservation of energy resources. Decided: March 26, 2010. By the Board, Chairman Elliott, Vice Chairman Mulvey, and Commissioner Nottingham. Jeffrey Herzig, Clearance Clerk. [FR Doc. 2010–7270 Filed 3–31–10; 8:45 am] BILLING CODE 4915–01–P PO 00000 Frm 00154 Fmt 4703 Sfmt 4703 16575 DEPARTMENT OF THE TREASURY Open Meeting of the President’s Economic Recovery Advisory Board (the PERAB) AGENCY: Departmental Offices, Department of the Treasury. ACTION: Notice of open meeting. SUMMARY: The President’s Economic Recovery Advisory Board will meet on April 16, 2010, in the White House Roosevelt Room, 1600 Pennsylvania Avenue, NW., Washington, DC, beginning at 1:30 p.m. Eastern Time. The meeting will be open to the public via live Webcast at http:// www.whitehouse.gov/live. DATES: The meeting will be held on April 16, 2010 at 1:30 p.m. Eastern Time. ADDRESSES: The PERAB will convene its next meeting in the White House Roosevelt Room, 1600 Pennsylvania Avenue, NW., Washington, DC. The public is invited to submit written statements to the Advisory Committee by any of the following methods: Electronic Statements • Send written statements to the PERAB’s electronic mailbox at PERAB@do.treas.gov; or Paper Statements • Send paper statements in triplicate to Emanuel Pleitez, Designated Federal Officer, President’s Economic Recovery Advisory Board, Office of the Under Secretary for Domestic Finance, Room 1325A, Department of the Treasury, 1500 Pennsylvania Avenue, NW., Washington, DC 20220. In general, all statements will be posted on the White House Web site (http://www.whitehouse.gov) without change, including any business or personal information provided such as names, addresses, e-mail addresses, or telephone numbers. The Department will also make such statements available for public inspection and copying in the Department’s Library, Room 1428, Main Department Building, 1500 Pennsylvania Avenue, NW., Washington, DC 20220, on official business days between the hours of 10 a.m. and 5 p.m. Eastern Time. You can make an appointment to inspect statements by telephoning (202) 622– 0990. All statements received, including attachments and other supporting materials, are part of the public record and subject to public disclosure. You should submit only information that you wish to make available publicly. FOR FURTHER INFORMATION CONTACT: Emanuel Pleitez, Designated Federal E:\FR\FM\01APN1.SGM 01APN1 16576 Federal Register / Vol. 75, No. 62 / Thursday, April 1, 2010 / Notices Officer, President’s Economic Recovery Advisory Board, Office of the Under Secretary for Domestic Finance, Department of the Treasury, Main Department Building, 1500 Pennsylvania Avenue, NW., Washington, DC 20220, at (202) 622– 2000. In accordance with Section 10(a) of the Federal Advisory Committee Act, 5 U.S.C. App. II, § 10(a), and the regulations thereunder, Emanuel Pleitez, Designated Federal Officer of the Advisory Board, has ordered publication of this notice that the PERAB will convene its next meeting on April 16, 2010, in the White House Roosevelt Room, 1600 Pennsylvania Avenue, NW., Washington, DC, beginning at 1:30 p.m. Eastern Time. The meeting will be broadcast on the Internet via live Webcast at http:// www.whitehouse.gov/live. The purpose of this meeting is to continue discussion of the issues impacting the strength and competitiveness of the Nation’s economy. The discussion will include an update on the research and preparatory work conducted in the PERAB subcommittees and recommendations to the President. The PERAB will provide information and ideas obtained from across the country to promote exports, the growth of the American economy, establish a stable and sound financial and banking system, create jobs, and improve the long-term prosperity of the American people. SUPPLEMENTARY INFORMATION: Dated: March 29, 2010. Alastair Fitzpayne, Acting Executive Secretary, Deputy Chief of Staff. [FR Doc. 2010–7502 Filed 3–30–10; 4:15 pm] BILLING CODE 4810–25–P DEPARTMENT OF THE TREASURY Internal Revenue Service mstockstill on DSKH9S0YB1PROD with NOTICES Credit for Renewable Electricity Production, Refined Coal Production, and Indian Coal Production, and Publication of Inflation Adjustment Factors and Reference Prices for Calendar Year 2010 AGENCY: Internal Revenue Service (IRS), Treasury. Publication of inflation adjustment factors and reference prices for calendar year 2010 as required by section 45(e)(2)(A) of the Internal Revenue Code (26 U.S.C. 45(e)(2)(A)), section 45(e)(8)(C) (26 U.S.C. ACTION: VerDate Nov<24>2008 16:51 Mar 31, 2010 Jkt 220001 45(e)(8)(C)), and section 45(e)(10)(C) (26 U.S.C. 45(e)(10)(C)). SUMMARY: The 2010 inflation adjustment factors and reference prices are used in determining the availability of the credit for renewable electricity production, refined coal production, and Indian coal production under section 45. DATES: The 2010 inflation adjustment factors and reference prices apply to calendar year 2010 sales of kilowatt hours of electricity produced in the United States or a possession thereof from qualified energy resources, and to 2010 sales of refined coal and Indian coal produced in the United States or a possession thereof. Inflation Adjustment Factors: The inflation adjustment factor for calendar year 2010 for qualified energy resources and refined coal is 1.4342. The inflation adjustment factor for Indian coal is 1.0976. Reference Prices: The reference price for calendar year 2010 for facilities producing electricity from wind is 4.22 cents per kilowatt hour. The reference prices for fuel used as feedstock within the meaning of section 45(c)(7)(A) (relating to refined coal production) are $31.90 per ton for calendar year 2002 and $54.74 per ton for calendar year 2010. The reference prices for facilities producing electricity from closed-loop biomass, open-loop biomass, geothermal energy, solar energy, small irrigation power, municipal solid waste, qualified hydropower production, marine and hydrokinetic renewable energy have not been determined for calendar year 2010. Because the 2010 reference price for electricity produced from wind does not exceed 8 cents multiplied by the inflation adjustment factor, the phaseout of the credit provided in section 45(b)(1) does not apply to such electricity sold during calendar year 2010. Because the 2010 reference price of fuel used as feedstock for refined coal does not exceed the $31.90 reference price of such fuel in 2002 multiplied by the inflation adjustment factor and 1.7, the phaseout of credit provided in section 45(e)(8)(B) does not apply to refined coal sold during calendar year 2010. Further, for electricity produced from closed-loop biomass, open-loop biomass, geothermal energy, solar energy, small irrigation power, municipal solid waste, qualified hydropower production, marine and hydrokinetic renewable energy, the phaseout of credit provided in section 45(b)(1) does not apply to such electricity sold during calendar year 2010. Credit Amount by Qualified Energy Resource and Facility, Refined Coal, PO 00000 Frm 00155 Fmt 4703 Sfmt 9990 and Indian Coal: As required by section 45(b)(2), the 1.5-cent amount in section 45(a)(1), the 8-cent amount in section 45(b)(1), and the $4.375 amount in section 45(e)(8)(A) and the $2.00 amount in section 45(e)(8)(D), are each adjusted by multiplying such amount by the inflation adjustment factor for the calendar year in which the sale occurs. If any amount as increased under the preceding sentence is not a multiple of 0.1 cent, such amount is rounded to the nearest multiple of 0.1 cent. In the case of electricity produced in open-loop biomass facilities, small irrigation power facilities, landfill gas facilities, trash combustion facilities, and qualified hydropower facilities, section 45(b)(4)(A) requires the amount in effect under section 45(a)(1) (before rounding to the nearest 0.1 cent) to be reduced by one-half. Under the calculation required by section 45(b)(2), the credit for renewable electricity production for calendar year 2010 under section 45(a) is 2.15 cents per kilowatt hour on the sale of electricity produced from the qualified energy resources of wind, closed-loop biomass, geothermal energy, and solar energy, and 1.1 cent per kilowatt hour on the sale of electricity produced in open-loop biomass facilities, small irrigation power facilities, landfill gas facilities, trash combustion facilities, qualified hydropower facilities, marine and hydrokinetic renewable energy facilities. Under the calculation required by section 45(b)(2), the credit for refined coal production for calendar year 2010 under section 45(e)(8)(A) is $6.27 per ton on the sale of qualified refined coal. The credit for steel industry fuel is $2.87 per barrel-of-oil equivalent of steel industry fuel sold. The credit for Indian coal production for calendar year 2010 under section 45(e)(10)(B) is $2.2 per ton on the sale of Indian coal. FOR FURTHER INFORMATION CONTACT: Philip Tiegerman, IRS, CC:PSI:6, 1111 Constitution Ave., NW., Washington, DC 20224, (202) 622–3110 (not a tollfree call). Dated: March 25, 2010. Christopher T. Kelley, Special Counsel (Passthroughs & Special Industries). [FR Doc. 2010–7263 Filed 3–31–10; 8:45 am] BILLING CODE 4830–01–P E:\FR\FM\01APN1.SGM 01APN1

Agencies

[Federal Register Volume 75, Number 62 (Thursday, April 1, 2010)]
[Notices]
[Pages 16575-16576]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-7502]


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DEPARTMENT OF THE TREASURY


Open Meeting of the President's Economic Recovery Advisory Board 
(the PERAB)

AGENCY: Departmental Offices, Department of the Treasury.

ACTION: Notice of open meeting.

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SUMMARY: The President's Economic Recovery Advisory Board will meet on 
April 16, 2010, in the White House Roosevelt Room, 1600 Pennsylvania 
Avenue, NW., Washington, DC, beginning at 1:30 p.m. Eastern Time. The 
meeting will be open to the public via live Webcast at http://www.whitehouse.gov/live.

DATES: The meeting will be held on April 16, 2010 at 1:30 p.m. Eastern 
Time.

ADDRESSES: The PERAB will convene its next meeting in the White House 
Roosevelt Room, 1600 Pennsylvania Avenue, NW., Washington, DC. The 
public is invited to submit written statements to the Advisory 
Committee by any of the following methods:

Electronic Statements

     Send written statements to the PERAB's electronic mailbox 
at PERAB@do.treas.gov; or

Paper Statements

     Send paper statements in triplicate to Emanuel Pleitez, 
Designated Federal Officer, President's Economic Recovery Advisory 
Board, Office of the Under Secretary for Domestic Finance, Room 1325A, 
Department of the Treasury, 1500 Pennsylvania Avenue, NW., Washington, 
DC 20220.
    In general, all statements will be posted on the White House Web 
site (http://www.whitehouse.gov) without change, including any business 
or personal information provided such as names, addresses, e-mail 
addresses, or telephone numbers. The Department will also make such 
statements available for public inspection and copying in the 
Department's Library, Room 1428, Main Department Building, 1500 
Pennsylvania Avenue, NW., Washington, DC 20220, on official business 
days between the hours of 10 a.m. and 5 p.m. Eastern Time. You can make 
an appointment to inspect statements by telephoning (202) 622-0990. All 
statements received, including attachments and other supporting 
materials, are part of the public record and subject to public 
disclosure. You should submit only information that you wish to make 
available publicly.

FOR FURTHER INFORMATION CONTACT: Emanuel Pleitez, Designated Federal

[[Page 16576]]

Officer, President's Economic Recovery Advisory Board, Office of the 
Under Secretary for Domestic Finance, Department of the Treasury, Main 
Department Building, 1500 Pennsylvania Avenue, NW., Washington, DC 
20220, at (202) 622-2000.

SUPPLEMENTARY INFORMATION: In accordance with Section 10(a) of the 
Federal Advisory Committee Act, 5 U.S.C. App. II, Sec.  10(a), and the 
regulations thereunder, Emanuel Pleitez, Designated Federal Officer of 
the Advisory Board, has ordered publication of this notice that the 
PERAB will convene its next meeting on April 16, 2010, in the White 
House Roosevelt Room, 1600 Pennsylvania Avenue, NW., Washington, DC, 
beginning at 1:30 p.m. Eastern Time. The meeting will be broadcast on 
the Internet via live Webcast at http://www.whitehouse.gov/live. The 
purpose of this meeting is to continue discussion of the issues 
impacting the strength and competitiveness of the Nation's economy. The 
discussion will include an update on the research and preparatory work 
conducted in the PERAB subcommittees and recommendations to the 
President. The PERAB will provide information and ideas obtained from 
across the country to promote exports, the growth of the American 
economy, establish a stable and sound financial and banking system, 
create jobs, and improve the long-term prosperity of the American 
people.

    Dated: March 29, 2010.
Alastair Fitzpayne,
Acting Executive Secretary, Deputy Chief of Staff.
[FR Doc. 2010-7502 Filed 3-30-10; 4:15 pm]
BILLING CODE 4810-25-P