Notice of Proposals to Engage in Permissible Nonbanking Activities or to Acquire Companies that are Engaged in Permissible Nonbanking Activities, 32182 [2010-13542]
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32182
Federal Register / Vol. 75, No. 108 / Monday, June 7, 2010 / Notices
conducted throughout the United States.
Additional information on all bank
holding companies may be obtained
from the National Information Center
website at www.ffiec.gov/nic/.
Unless otherwise noted, comments
regarding each of these applications
must be received at the Reserve Bank
indicated or the offices of the Board of
Governors not later than July 2, 2010.
A. Federal Reserve Bank of
Richmond (A. Linwood Gill, III, Vice
President) 701 East Byrd Street,
Richmond, Virginia 23261–4528:
1. Jacksonville Bancorp, Inc.,
Jacksonville, Florida; to merge with
Atlantic BancGroup, Inc., and thereby
indirectly acquire Oceanside Bank, both
of Jacksonville Beach, Florida.
Board of Governors of the Federal Reserve
System, June 2, 2010.
Robert deV. Frierson,
Deputy Secretary of the Board.
A. Federal Reserve Bank of New
York (Ivan Hurwitz, Vice President) 33
Liberty Street, New York, New York
10045–0001:
1. Industrial and Commercial Bank of
China, Limited, Beijing, China; to
acquire 100 percent of the voting shares
of Strong City Securities, LLC, Newton,
New Jersey, and thereby indirectly
acquire voting shares of Fortis Securities
LLC, New York, New York, and thereby
engage in securities brokerage
transactions, pursuant to section 225.28
(b)(7)(i), and in riskless principal
transactions, pursuant to section
225.28(b)(7)(ii), both of Regulation Y.
Board of Governors of the Federal Reserve
System, June 2, 2010.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 2010–13542 Filed 6–4–10; 8:45 am]
BILLING CODE 6210–01–S
[FR Doc. 2010–13543 Filed 6–4–10; 8:45 am]
BILLING CODE 6210–01–S
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
FEDERAL RESERVE SYSTEM
Medicaid Program: Proposed
Implementation of Section 614 of the
Children’s Health Insurance Program
Reauthorization Act of 2009 for
Adjustments to the Federal Medical
Assistance Percentage for Medicaid
Federal Matching Funds
WReier-Aviles on DSKGBLS3C1PROD with NOTICES
Notice of Proposals to Engage in
Permissible Nonbanking Activities or
to Acquire Companies that are
Engaged in Permissible Nonbanking
Activities
The companies listed in this notice
have given notice under section 4 of the
Bank Holding Company Act (12 U.S.C.
1843) (BHC Act) and Regulation Y (12
CFR Part 225) to engage de novo, or to
acquire or control voting securities or
assets of a company, including the
companies listed below, that engages
either directly or through a subsidiary or
other company, in a nonbanking activity
that is listed in § 225.28 of Regulation Y
(12 CFR 225.28) or that the Board has
determined by Order to be closely
related to banking and permissible for
bank holding companies. Unless
otherwise noted, these activities will be
conducted throughout the United States.
Each notice is available for inspection
at the Federal Reserve Bank indicated.
The notice also will be available for
inspection at the offices of the Board of
Governors. Interested persons may
express their views in writing on the
question whether the proposal complies
with the standards of section 4 of the
BHC Act. Additional information on all
bank holding companies may be
obtained from the National Information
Center website at www.ffiec.gov/nic/.
Unless otherwise noted, comments
regarding the applications must be
received at the Reserve Bank indicated
or the offices of the Board of Governors
not later than June 22, 2010.
VerDate Mar<15>2010
15:27 Jun 04, 2010
Jkt 220001
AGENCY: Office of the Secretary,
Department of Health and Human
Services.
ACTION: Notice with comment period.
SUMMARY: For purposes of Title XIX
(Medicaid) of the Social Security Act,
the Federal Medical Assistance
Percentage (FMAP), defined in section
1905(b) of the Social Security Act, for
each state beginning with fiscal year
2006 is subject to adjustment pursuant
to section 614 of the Children’s Health
Insurance Program Reauthorization Act
of 2009 (CHIPRA), Public Law 111–3.
Section 614 provides for a recalculation
of the FMAP disregarding identifiable
significantly disproportionate employer
pension or insurance fund contributions
for a state. These contributions, when
counted, increase state personal income
and, by operation of the statutory
formula to calculate the FMAP, would
decrease the FMAP for the state. This
notice announces the proposed
methodology that the U.S. Department
of Health and Human Services will use
to determine the need for, and amount
of, any such recalculation of the FMAP
for a state.
DATES: Comment Date: To be assured
consideration, comment must be
received at the address provided below,
no later than 5 p.m. EST on July 7, 2010.
PO 00000
Frm 00025
Fmt 4703
Sfmt 4703
ADDRESSES: Because of staff and
resource limitations, we can only accept
comments by regular mail. You may
mail written comments (one original
and one copy) to the following address
only: Department of Health and Human
Services, Room 447D, Attention: FMAP
Adjustment Notice—CHIPRA, 200
Independence Ave., SW., Washington,
DC 20201.
Submitting Comments: We welcome
comments from the public on all issues
set forth in this notice with comment
period to assist us in fully considering
issues and developing policies. Please
provide a reference to the section on
which you choose to comment.
SUPPLEMENTARY INFORMATION:
A. Background
Section 1905(b) of the Social Security
Act defines the Federal Medical
Assistance Percentage (FMAP), which is
used to determine the share of federal
matching funds paid to each state for
medical assistance payments under an
approved Medicaid State plan under
Title XIX of the Social Security Act.
These FMAP rates are also used to
determine federal matching fund rates
for state expenditures for assistance
payments under certain social service
programs under Title IV of the Social
Security Act and for child health
assistance expenditures under the
Children’s Health Insurance Program
under title XXI of the Social Security
Act. In other Federal Register issuances,
we have addressed changes to these
FMAP rates required under the
American Recovery and Reinvestment
Act of 2009 (Pub. L. 111–5).
This notice addresses adjustments to
the FMAP rates that are applicable only
to the Medicaid program and required
by Section 614 of the Children’s Health
Insurance Program Reauthorization Act
of 2009 (CHIPRA). Section 614 specifies
that certain significantly
disproportionate employer pension or
insurance fund contributions shall be
disregarded when computing the per
capita income used to calculate the
FMAP. The statutory formula for
calculating the FMAP is based on the
ratio of the state’s per capita income to
the per capita income of the entire
United States. Under this formula, states
with higher per capita income levels
could have lower FMAP rates than
states with lower per capita income
levels. Significantly disproportionate
employer pension or insurance fund
contributions increase state personal
income and, by operation of the
statutory formula, could result in lower
FMAPs than if those contributions were
disregarded. CHIPRA requires
adjustments to the Fiscal Year 2006
E:\FR\FM\07JNN1.SGM
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]]>Agencies
[Federal Register Volume 75, Number 108 (Monday, June 7, 2010)]
[Notices]
[Page 32182]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-13542]
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FEDERAL RESERVE SYSTEM
Notice of Proposals to Engage in Permissible Nonbanking
Activities or to Acquire Companies that are Engaged in Permissible
Nonbanking Activities
The companies listed in this notice have given notice under section
4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and
Regulation Y (12 CFR Part 225) to engage de novo, or to acquire or
control voting securities or assets of a company, including the
companies listed below, that engages either directly or through a
subsidiary or other company, in a nonbanking activity that is listed in
Sec. [thinsp]225.28 of Regulation Y (12 CFR 225.28) or that the Board
has determined by Order to be closely related to banking and
permissible for bank holding companies. Unless otherwise noted, these
activities will be conducted throughout the United States.
Each notice is available for inspection at the Federal Reserve Bank
indicated. The notice also will be available for inspection at the
offices of the Board of Governors. Interested persons may express their
views in writing on the question whether the proposal complies with the
standards of section 4 of the BHC Act. Additional information on all
bank holding companies may be obtained from the National Information
Center website at www.ffiec.gov/nic/.
Unless otherwise noted, comments regarding the applications must be
received at the Reserve Bank indicated or the offices of the Board of
Governors not later than June 22, 2010.
A. Federal Reserve Bank of New York (Ivan Hurwitz, Vice President)
33 Liberty Street, New York, New York 10045-0001:
1. Industrial and Commercial Bank of China, Limited, Beijing,
China; to acquire 100 percent of the voting shares of Strong City
Securities, LLC, Newton, New Jersey, and thereby indirectly acquire
voting shares of Fortis Securities LLC, New York, New York, and thereby
engage in securities brokerage transactions, pursuant to section 225.28
(b)(7)(i), and in riskless principal transactions, pursuant to section
225.28(b)(7)(ii), both of Regulation Y.
Board of Governors of the Federal Reserve System, June 2, 2010.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 2010-13542 Filed 6-4-10; 8:45 am]
BILLING CODE 6210-01-S
