Consideration of Extenuating Circumstances for Implementation of Modification of Annual National Registry Fee, 49477 [2011-20300]

Download as PDF 49477 Federal Register / Vol. 76, No. 154 / Wednesday, August 10, 2011 / Notices SUMMARY: Notice is hereby given that the Federal Deposit Insurance Corporation (Corporation) has been appointed the sole receiver for the following financial institutions effective as of the Date Closed as indicated in the listing. This list (as updated from time to time in the Federal Register) may be relied upon as ‘‘of record’’ notice that the Corporation has been appointed receiver for purposes of the statement of policy published in the July 2, 1992 issue of the Federal Register (57 FR FEDERAL DEPOSIT INSURANCE CORPORATION Update to Notice of Financial Institutions for Which the Federal Deposit Insurance Corporation Has Been Appointed Either Receiver, Liquidator, or Manager AGENCY: Federal Deposit Insurance Corporation. ACTION: Update Listing of Financial Institutions in Liquidation. 29491). For further information concerning the identification of any institutions which have been placed in liquidation, please visit the Corporation Web site at http://www.fdic.gov/bank/ individual/failed/banklist.html or contact the Manager of Receivership Oversight in the appropriate service center. Dated: August 1, 2011. Federal Deposit Insurance Corporation. Pamela Johnson, Regulatory Editing Specialist. INSTITUTIONS IN LIQUIDATION [In alphabetical order] FDIC Ref. No. Bank name City State 10383 ....................... 10384 ....................... 10385 ....................... BankMeridian, N.A. ................................................. Integra Bank National Association ......................... Virginia Business Bank ........................................... Columbia ................................................... Evansville .................................................. Richmond .................................................. SC .... IN ...... VA ..... [FR Doc. 2011–20227 Filed 8–9–11; 8:45 am] BILLING CODE 6714–01–P FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL [Docket No. AS11–23] Consideration of Extenuating Circumstances for Implementation of Modification of Annual National Registry Fee emcdonald on DSK2BSOYB1PROD with NOTICES AGENCY: Appraisal Subcommittee (ASC) of the Federal Financial Institutions Examination Council. ACTION: The ASC is providing notice to all States that it will consider requests for an extension of the effective date of the modified National Registry fee based on extenuating circumstances. SUMMARY: Under authority in the DoddFrank Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act), the ASC approved a modification of the annual National Registry fee to $40 from the current $25 amount at its meeting on October 13, 2010. The ASC raised the National Registry Fee to support its supervisory activities, including additional authority under the DoddFrank Act (see Bulletin 10–1, Modification of Annual National Registry Fee, 75 FR 65629, October 26, 2010). In the event a State encounters difficulty with implementing the modified National Registry fee by January 1, 2012, the State must notify the ASC no later than October 31, 2011. The ASC will consider a State’s request for an extension of the effective date of the modified National Registry fee when VerDate Mar<15>2010 17:48 Aug 09, 2011 Jkt 223001 extenuating circumstances prevent compliance and the State has acted in good faith to implement any actions necessary for achieving compliance. Extenuating circumstances include, but are not limited to, the following: • The State was not able to enact necessary legislation or promulgate a rulemaking to implement the modified National Registry fee by January 1, 2012. • The State could not exercise emergency or temporary authority, if any, to pass legislation or promulgate a rulemaking to implement the modified National Registry fee by January 1, 2012. • The funds remitted by the State to the ASC to pay the modified National Registry fee would come from a source other than the credentialed appraiser. States must ensure that any request for an extension contains sufficient detail regarding the State’s efforts to achieve compliance to date, and the extenuating circumstances that will prevent compliance. DATES: Effective Date: Immediately. FOR FURTHER INFORMATION CONTACT: James R. Park, Executive Director, at (202) 595–7575, or Alice M. Ritter, General Counsel, at (202) 595–7577, via Internet e-mail at Jim@ASC.gov and Alice@ASC.gov, respectively, or by U.S. Mail at Appraisal Subcommittee, 1401 H Street, NW., Suite 760, Washington, DC 20005. SUPPLEMENTARY INFORMATION: The ASC issued the following Supplement to Bulletin 10–1 Modification of National Registry Fee. This Supplement provides States an opportunity to request an extension of the effective date of the modification in the National Registry Fee based on extenuating circumstances. PO 00000 Frm 00047 Fmt 4703 Sfmt 4703 Date closed 7/29/2011 7/29/2011 7/29/2011 August 4, 2011. Deborah S. Merkle, Chairman. [FR Doc. 2011–20300 Filed 8–9–11; 8:45 am] BILLING CODE 6700–01–P FEDERAL HOUSING FINANCE AGENCY [No. 2011–N–08] Termination of Federal Home Loan Bank Resolution Funding Corporation Obligation AGENCY: Federal Housing Finance Agency. ACTION: Notice. SUMMARY: The Federal Housing Finance Agency (FHFA) has determined that, as of July 15, 2011, the Federal Home Loan Banks (Banks) have satisfied their statutory obligation to contribute a percentage of their annual net earnings toward the interest payments due on bonds issued by the Resolution Funding Corporation (RefCorp). FOR FURTHER INFORMATION CONTACT: Joseph A. McKenzie, Associate Director, Division of Federal Home Loan Bank Regulation, 202–408–2845, Joseph.McKenzie.@fhfa.gov, Federal Housing Finance Agency, 1625 Eye Street, NW., Washington, DC 20006– 4001, or Neil R. Crowley, Deputy General Counsel, 202–343–1316, Neil.Crowley@fhfa.gov, Federal Housing Finance Agency, Fourth Floor, 1700 G Street, NW., Washington, DC 20052. The telephone number for the Telecommunications Device for the Deaf is 800–877–8339. SUPPLEMENTARY INFORMATION: E:\FR\FM\10AUN1.SGM 10AUN1

Agencies

[Federal Register Volume 76, Number 154 (Wednesday, August 10, 2011)]
[Notices]
[Page 49477]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-20300]


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FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL

[Docket No. AS11-23]


Consideration of Extenuating Circumstances for Implementation of 
Modification of Annual National Registry Fee

AGENCY: Appraisal Subcommittee (ASC) of the Federal Financial 
Institutions Examination Council.

ACTION: The ASC is providing notice to all States that it will consider 
requests for an extension of the effective date of the modified 
National Registry fee based on extenuating circumstances.

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SUMMARY: Under authority in the Dodd-Frank Wall Street Reform and 
Consumer Protection Act (the Dodd-Frank Act), the ASC approved a 
modification of the annual National Registry fee to $40 from the 
current $25 amount at its meeting on October 13, 2010. The ASC raised 
the National Registry Fee to support its supervisory activities, 
including additional authority under the Dodd-Frank Act (see Bulletin 
10-1, Modification of Annual National Registry Fee, 75 FR 65629, 
October 26, 2010).
    In the event a State encounters difficulty with implementing the 
modified National Registry fee by January 1, 2012, the State must 
notify the ASC no later than October 31, 2011. The ASC will consider a 
State's request for an extension of the effective date of the modified 
National Registry fee when extenuating circumstances prevent compliance 
and the State has acted in good faith to implement any actions 
necessary for achieving compliance. Extenuating circumstances include, 
but are not limited to, the following:
     The State was not able to enact necessary legislation or 
promulgate a rulemaking to implement the modified National Registry fee 
by January 1, 2012.
     The State could not exercise emergency or temporary 
authority, if any, to pass legislation or promulgate a rulemaking to 
implement the modified National Registry fee by January 1, 2012.
     The funds remitted by the State to the ASC to pay the 
modified National Registry fee would come from a source other than the 
credentialed appraiser.
    States must ensure that any request for an extension contains 
sufficient detail regarding the State's efforts to achieve compliance 
to date, and the extenuating circumstances that will prevent 
compliance.

DATES: Effective Date: Immediately.

FOR FURTHER INFORMATION CONTACT: James R. Park, Executive Director, at 
(202) 595-7575, or Alice M. Ritter, General Counsel, at (202) 595-7577, 
via Internet e-mail at Jim@ASC.gov and Alice@ASC.gov, respectively, or 
by U.S. Mail at Appraisal Subcommittee, 1401 H Street, NW., Suite 760, 
Washington, DC 20005.

SUPPLEMENTARY INFORMATION: The ASC issued the following Supplement to 
Bulletin 10-1 Modification of National Registry Fee. This Supplement 
provides States an opportunity to request an extension of the effective 
date of the modification in the National Registry Fee based on 
extenuating circumstances.

    August 4, 2011.
Deborah S. Merkle,
Chairman.
[FR Doc. 2011-20300 Filed 8-9-11; 8:45 am]
BILLING CODE 6700-01-P