Fatigue Tolerance Evaluation of Metallic Structures; Extension of Comment Period, 24501-24502 [2010-10556]
Download as PDF
Federal Register / Vol. 75, No. 86 / Wednesday, May 5, 2010 / Proposed Rules
The proposed rule will not have a
significant economic impact on a
substantial number of small credit
unions, and, therefore, a regulatory
flexibility analysis is not required.
PART 701—ORGANIZATION AND
OPERATIONS OF FEDERAL CREDIT
UNIONS
Paperwork Reduction Act
Authority: 12 U.S.C. 1752(5), 1755, 1756,
1757, 1759, 1761a, 1761b, 766, 1767, 1782,
1784, 1787, 1789. Section 701.6 is also
authorized by 15 U.S.C. 3717. Section 701.31
is also authorized by 15 U.S.C. 1601 et seq.;
42 U.S.C. 1981 and 3601–3610. Section
701.35 is also authorized by 42 U.S.C. 4311–
4312.
1. The authority citation for part 701
continues to read as follows:
This rule adds a requirement that
federal credit unions establish a cap on
short-term, small-dollar loans in their
general written lending policies, which
federal credit unions are already
required to maintain and is currently
approved under the Paperwork
Reduction Act control number 3133–
0139. NCUA has determined that the
requirements of this rule are additions
to an FCU’s customary business records
and do not increase the paperwork
requirements under the Paperwork
Reduction Act of 1995 and regulations
of the Office of Management and
Budget.
Executive Order 13132
Executive Order 13132 encourages
independent regulatory agencies to
consider the impact of their actions on
state and local interests. In adherence to
fundamental federalism principles,
NCUA, an independent regulatory
agency as defined in 44 U.S.C. 3502(5),
voluntarily complies with the executive
order. The proposed rule would not
have substantial direct effects on the
states, on the connection between the
national government and the states, or
on the distribution of power and
responsibilities among the various
levels of government. NCUA has
determined that this proposed rule does
not constitute a policy that has
federalism implications for purposes of
the executive order.
The Treasury and General Government
Appropriations Act, 1999—Assessment
of Federal Regulations and Policies on
Families
NCUA has determined that this
proposed rule would not affect family
well-being within the meaning of
section 654 of the Treasury and General
Government Appropriations Act, 1999,
Public Law 105–277, 112 Stat. 2681
(1998).
erowe on DSK5CLS3C1PROD with PROPOSALS-1
List of Subjects in 12 CFR Part 701
Credit unions, Federal credit unions.
Mary Rupp,
Secretary of the Board.
For the reasons discussed above, the
National Credit Union Administration
proposes to amend 12 CFR part 701 as
set forth below:
VerDate Mar<15>2010
15:17 May 04, 2010
Jkt 220001
In section 701.21, add paragraph
(c)(7)(iii) to read as follows:
§ 701.21 Loans to members and lines of
credit to members.
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*
*
*
*
(c) * * *
(7) * * *
(iii) Short-term, small amount Loans
(STS loans). (A) Notwithstanding the
provisions in § 701.21(c)(7)(ii), a federal
credit union may charge an interest rate
of 1000 basis points above the
maximum interest rate as established by
the Board, provided the federal credit
union is making a closed-end loan in
accordance with the following
conditions:
(1) The principal of the loan is not
less than $200 or more than $1000;
(2) The loan has a minimum maturity
term of one month and a maximum
maturity term of six months;
(3) The federal credit union does not
make more than three, STS loans in any
rolling six-month period to any one
borrower and makes no more than one,
short-term, small amount loan at a time
to a borrower;
(4) The federal credit union must not
roll-over any STS loan;
(5) The federal credit union charges
an application fee to all members
applying for a new loan that reflects the
actual costs associated with processing
the application, but in no case may the
application fee exceed $20; and
(6) The federal credit union includes,
in its written lending policies, a limit on
the aggregate number of loans and
aggregate dollar amount of loans made
under this section and implements
appropriate underwriting guidelines to
minimize risk; for example, requiring a
borrower to verify employment by
producing at least two recent pay stubs.
(B) STS Loan Program Guidance and
Best Practices. In developing a
successful STS loan program, a federal
credit union should consider how the
program will help benefit a member’s
financial well-being while considering
the higher degree of risk associated with
this type of lending. The guidance and
best practices are intended to help
PO 00000
Frm 00008
Fmt 4702
Sfmt 4702
24501
federal credit unions minimize risk and
develop a successful program, but are
not an exhaustive checklist and do not
guarantee a successful program with a
low degree of risk.
(1) Program Features. Several features
that may increase the success of an STS
loan program and enhance member
benefit include adding a savings
component, financial education,
reporting of members’ payment of STS
loans to credit bureaus, or electronic
loan transactions as part of an STS
program.
(2) Underwriting. Federal credit
unions need to develop minimum
underwriting standards that account for
a member’s need for quickly available
funds, while adhering to principles of
responsible lending. Underwriting
standards should address required
documentation for proof of employment
or income, including at least two recent
paycheck stubs. FCUs should be able to
use a borrower’s proof of recurring
income as the key criterion in
developing standards for maturity
lengths and loan amounts so a borrower
can repay the loan without roll-overs.
For members with established accounts,
FCUs should only need to review a
member’s account records and proof of
recurring income or employment.
(3) Risk Avoidance. Federal credit
unions need to consider risk avoidance
strategies, including: Imposing a length
of membership requirement, requiring
members to participate in a payroll
deduct program or direct deposit, and
conducting a thorough evaluation of the
federal credit unions resources and
ability to engage in an STS loan
program.
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[FR Doc. 2010–10480 Filed 5–4–10; 8:45 am]
BILLING CODE 7535–01–P
DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration
14 CFR Part 27
[Docket No. FAA–2009–0413; Notice No. 10–
04]
RIN 2120–AJ51
Fatigue Tolerance Evaluation of
Metallic Structures; Extension of
Comment Period
AGENCY: Federal Aviation
Administration (FAA), DOT.
ACTION: Notice of proposed rulemaking
(NPRM); extension of comment period.
SUMMARY: This action extends the
comment period for a NPRM that was
E:\FR\FM\05MYP1.SGM
05MYP1
erowe on DSK5CLS3C1PROD with PROPOSALS-1
24502
Federal Register / Vol. 75, No. 86 / Wednesday, May 5, 2010 / Proposed Rules
published on March 12, 2010. In that
document, the FAA proposed to amend
the airworthiness standards for fatigue
tolerance evaluation (FTE) of transport
category metallic rotorcraft structures.
This notice responds to a request from
the European Aviation Safety Agency
(EASA) to extend the comment period
to the proposal.
DATES: The comment period for the
NPRM published on March 12, 2010 (75
FR 11799) which was scheduled to close
on June 10, 2010, is extended until July
30, 2010.
ADDRESSES: You may send comments
identified by Docket Number FAA–
2009–0413 using any of the following
methods:
• Federal eRulemaking Portal: Go to
https://www.regulations.gov and follow
the instructions for sending your
comments electronically.
• Mail: Send comments to Docket
Operations, M–30, U.S. Department of
Transportation, 1200 New Jersey
Avenue, SE., Room W12–140, West
Building Ground Floor, Washington, DC
20590–0001.
• Fax: Fax comments to Docket
Operations at 202–493–2251.
• Hand Delivery or Courier: Deliver
comments 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 more information on the
rulemaking process, see the
SUPPLEMENTARY INFORMATION section of
this document.
Privacy: We will post all comments
we receive, without change, to https://
www.regulations.gov, including any
personal information you provide.
Using the search function of our docket
web site, anyone can find and read the
comments received into any of our
dockets, including the name of the
individual sending the comment (or
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 https://
DocketsInfo.dot.gov.
Docket: To read background
documents or comments received, go to
https://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:
Minh-Hai Tran-Lam, ARM–207, Office
VerDate Mar<15>2010
15:17 May 04, 2010
Jkt 220001
of Rulemaking, Federal Aviation
Administration, 800 Independence
Avenue, SW., Washington, DC 20591,
telephone (202) 493–4963.
SUPPLEMENTARY INFORMATION:
Comments Invited
The FAA invites interested persons to
participate in this rulemaking by
submitting written comments, data, or
views. We also invite comments relating
to the economic, environmental, energy,
or federalism impacts that might result
from adopting the proposals in this
document. The most helpful comments
reference a specific portion of the
proposal, explain the reason for any
recommended change, and include
supporting data. To ensure the docket
does not contain duplicate comments,
please send only one copy of written
comments, or if you are filing comments
electronically, please submit your
comments only one time.
We will file in the docket all
comments we receive, as well as a
report summarizing each substantive
public contact with FAA personnel
concerning this proposed rulemaking.
Before acting on this proposal, we will
consider all comments we receive on or
before the closing date for comments.
We will consider comments filed after
the comment period has closed if it is
possible to do so without incurring
expense or delay. We may change this
proposal in light of the comments we
receive.
Availability of Rulemaking Documents
You can get an electronic copy using
the Internet by:
(1) Searching the Federal
eRulemaking Portal at https://
www.regulations.gov;
(2) Visiting the Office of
Rulemaking’s web page at https://
www.faa.gov/avr/arm/index.cfm; or
(3) Accessing the Government
Printing Office’s web page at https://
www.gpoaccess.gov/fr/.
You can also get a copy by sending a
request to the Federal Aviation
Administration, Office of Rulemaking,
ARM–1, 800 Independence Avenue,
SW., Washington, DC 20591, or by
calling (202) 267–9680. Make sure to
identify the docket number or notice
number of this rulemaking.
Background
On March 7, 2010, the Federal
Aviation Administration (FAA)
published Notice No. 10–04, Fatigue
Tolerance Evaluation of Metallic
Structures (75 FR 11799, 3/12/2010).
Comments to that document were to be
received on or before June 10, 2010.
PO 00000
Frm 00009
Fmt 4702
Sfmt 4702
By letter dated March 22, 2010, the
European Aviation Safety Agency
(EASA) addressed the joint interest in
this rulemaking objective on the
international level. EASA will be
issuing an associated Notice of Proposed
Amendment (NPA) with anticipated
close of comment period in the July
2010 timeframe. EASA stated that in
order to provide final rules that are
harmonized as much as possible, it will
be essential that technical cooperation is
maintained and that comments arising
from both the NPRM and NPA processes
are jointly dispositioned by technical
experts from each aviation authority.
EASA requested that the FAA extend
the comment period for Notice No. 10–
04 to coincide with their NPA close of
comment period, to allow the
rulemaking processes of the FAA and
EASA to better align and to facilitate
achieving the objective of common
international standards.
Extension of Comment Period
In accordance with § 11.47(c) of title
14, Code of Federal Regulations, the
FAA has reviewed the petition made by
EASA for extension of the comment
period to Notice No. 10–04. This
petitioner has shown a substantive
interest in the proposed rule and good
cause for the extension. The FAA has
determined that extension of the
comment period is consistent with the
public interest, and that good cause
exists for taking this action.
Accordingly, the comment period for
Notice No. 10–04 is extended until July
30, 2010.
Issued in Washington, DC, on April 30,
2010.
Pamela Hamilton-Powell,
Director, Office of Rulemaking.
[FR Doc. 2010–10556 Filed 5–4–10; 8:45 am]
BILLING CODE 4910–13–P
DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration
14 CFR Parts 27 and 29
[Docket No. FAA–2009–0660; Notice No. 10–
09]
RIN 2120–AJ52
Damage Tolerance and Fatigue
Evaluation of Composite Rotorcraft
Structures; Reopening of Comment
Period
AGENCY: Federal Aviation
Administration (FAA), DOT.
ACTION: Notice of proposed rulemaking
(NPRM); reopening of comment period.
E:\FR\FM\05MYP1.SGM
05MYP1
Agencies
[Federal Register Volume 75, Number 86 (Wednesday, May 5, 2010)]
[Proposed Rules]
[Pages 24501-24502]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-10556]
=======================================================================
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DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration
14 CFR Part 27
[Docket No. FAA-2009-0413; Notice No. 10-04]
RIN 2120-AJ51
Fatigue Tolerance Evaluation of Metallic Structures; Extension of
Comment Period
AGENCY: Federal Aviation Administration (FAA), DOT.
ACTION: Notice of proposed rulemaking (NPRM); extension of comment
period.
-----------------------------------------------------------------------
SUMMARY: This action extends the comment period for a NPRM that was
[[Page 24502]]
published on March 12, 2010. In that document, the FAA proposed to
amend the airworthiness standards for fatigue tolerance evaluation
(FTE) of transport category metallic rotorcraft structures. This notice
responds to a request from the European Aviation Safety Agency (EASA)
to extend the comment period to the proposal.
DATES: The comment period for the NPRM published on March 12, 2010 (75
FR 11799) which was scheduled to close on June 10, 2010, is extended
until July 30, 2010.
ADDRESSES: You may send comments identified by Docket Number FAA-2009-
0413 using any of the following methods:
Federal eRulemaking Portal: Go to https://www.regulations.gov and follow the instructions for sending your
comments electronically.
Mail: Send comments to Docket Operations, M-30, U.S.
Department of Transportation, 1200 New Jersey Avenue, SE., Room W12-
140, West Building Ground Floor, Washington, DC 20590-0001.
Fax: Fax comments to Docket Operations at 202-493-2251.
Hand Delivery or Courier: Deliver comments 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 more information on the rulemaking process, see the
SUPPLEMENTARY INFORMATION section of this document.
Privacy: We will post all comments we receive, without change, to
https://www.regulations.gov, including any personal information you
provide. Using the search function of our docket web site, anyone can
find and read the comments received into any of our dockets, including
the name of the individual sending the comment (or 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 https://DocketsInfo.dot.gov.
Docket: To read background documents or comments received, go to
https://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: Minh-Hai Tran-Lam, ARM-207, Office of
Rulemaking, Federal Aviation Administration, 800 Independence Avenue,
SW., Washington, DC 20591, telephone (202) 493-4963.
SUPPLEMENTARY INFORMATION:
Comments Invited
The FAA invites interested persons to participate in this
rulemaking by submitting written comments, data, or views. We also
invite comments relating to the economic, environmental, energy, or
federalism impacts that might result from adopting the proposals in
this document. The most helpful comments reference a specific portion
of the proposal, explain the reason for any recommended change, and
include supporting data. To ensure the docket does not contain
duplicate comments, please send only one copy of written comments, or
if you are filing comments electronically, please submit your comments
only one time.
We will file in the docket all comments we receive, as well as a
report summarizing each substantive public contact with FAA personnel
concerning this proposed rulemaking. Before acting on this proposal, we
will consider all comments we receive on or before the closing date for
comments. We will consider comments filed after the comment period has
closed if it is possible to do so without incurring expense or delay.
We may change this proposal in light of the comments we receive.
Availability of Rulemaking Documents
You can get an electronic copy using the Internet by:
(1) Searching the Federal eRulemaking Portal at https://www.regulations.gov;
(2) Visiting the Office of Rulemaking's web page at https://www.faa.gov/avr/arm/index.cfm; or
(3) Accessing the Government Printing Office's web page at https://www.gpoaccess.gov/fr/.
You can also get a copy by sending a request to the Federal
Aviation Administration, Office of Rulemaking, ARM-1, 800 Independence
Avenue, SW., Washington, DC 20591, or by calling (202) 267-9680. Make
sure to identify the docket number or notice number of this rulemaking.
Background
On March 7, 2010, the Federal Aviation Administration (FAA)
published Notice No. 10-04, Fatigue Tolerance Evaluation of Metallic
Structures (75 FR 11799, 3/12/2010). Comments to that document were to
be received on or before June 10, 2010.
By letter dated March 22, 2010, the European Aviation Safety Agency
(EASA) addressed the joint interest in this rulemaking objective on the
international level. EASA will be issuing an associated Notice of
Proposed Amendment (NPA) with anticipated close of comment period in
the July 2010 timeframe. EASA stated that in order to provide final
rules that are harmonized as much as possible, it will be essential
that technical cooperation is maintained and that comments arising from
both the NPRM and NPA processes are jointly dispositioned by technical
experts from each aviation authority. EASA requested that the FAA
extend the comment period for Notice No. 10-04 to coincide with their
NPA close of comment period, to allow the rulemaking processes of the
FAA and EASA to better align and to facilitate achieving the objective
of common international standards.
Extension of Comment Period
In accordance with Sec. 11.47(c) of title 14, Code of Federal
Regulations, the FAA has reviewed the petition made by EASA for
extension of the comment period to Notice No. 10-04. This petitioner
has shown a substantive interest in the proposed rule and good cause
for the extension. The FAA has determined that extension of the comment
period is consistent with the public interest, and that good cause
exists for taking this action.
Accordingly, the comment period for Notice No. 10-04 is extended
until July 30, 2010.
Issued in Washington, DC, on April 30, 2010.
Pamela Hamilton-Powell,
Director, Office of Rulemaking.
[FR Doc. 2010-10556 Filed 5-4-10; 8:45 am]
BILLING CODE 4910-13-P