Open Meeting of the President's Advisory Council on Financial Capability, 37741-37742 [2012-15312]
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Federal Register / Vol. 77, No. 121 / Friday, June 22, 2012 / Notices
wreier-aviles on DSK7SPTVN1PROD with NOTICES
in which Mr. Yusim alleges that his
employer, an entity called Midnight Sun
Tours, Inc., and his employer’s
corporate parents (including Coach
America) discriminated against drivers
who accurately reported their hours of
service. According to Mr. Yusim, these
two cases were automatically stayed as
a result of the bankruptcy proceedings
pursuant to 11 U.S.C. 362. Mr. Yusim
requests that the Board disallow the sale
of any subsidiaries of Coach America
until the Secretary is allowed to hear the
two cases. Because we have received a
timely comment in opposition to the
application, we will not grant tentative
authority under 49 CFR 1182.4(b). See
49 CFR 1182.6(a). Instead, we will
institute a proceeding to address this
matter as well as determine the merits
of the application pursuant to 49 U.S.C.
14303. Comments and responses are to
be submitted as ordered below. See 49
CFR 1182.5 & 1182.6.
Board decisions and notices are
available on our Web site at
www.stb.dot.gov.
This action will not significantly
affect either the quality of the human
environment or the conservation of
energy resources.
It is ordered:
1. Comments must be filed by August
6, 2012. Applicants may file a reply to
any comments by August 21, 2012.
2. This notice will be effective on its
date of service.
3. A copy of this notice will be served
on: (1) The U.S. Department of
Transportation, Federal Motor Carrier
Safety Administration, 1200 New Jersey
Avenue SE., Washington, DC 20590; (2)
the U.S. Department of Justice, Antitrust
Division, 950 Pennsylvania Avenue
NW., Washington, DC 20530; (3) the
U.S. Department of Transportation,
Office of the General Counsel, 1200 New
Jersey Avenue SE., Washington, DC
20590; (4) the Federal Trade
Commission, Bureau of Competition,
Premerger Notification Office, 600
Pennsylvania Avenue NW., Washington,
DC 20580; and (5) Michael Yusim, 7499
Eagle Point Drive, Delray Beach, FL
33446.
Decided: June 18, 2012.
By the Board, Chairman Elliott, Vice
Chairman Mulvey, and Commissioner
Begeman.
Jeffrey Herzig,
Clearance Clerk.
[FR Doc. 2012–15287 Filed 6–21–12; 8:45 am]
BILLING CODE 4915–01–P
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DEPARTMENT OF THE TREASURY
Open Meeting of the President’s
Advisory Council on Financial
Capability
Department of the Treasury.
Notice of meeting.
AGENCY:
ACTION:
The President’s Advisory
Council on Financial Capability
(‘‘Council’’) will convene for an open
meeting on July 16, 2012, at the
Department of Treasury, 1500
Pennsylvania Avenue NW., Washington
DC, beginning at 10 a.m. Eastern Time.
The meeting will be open to the public.
The Council will: (1) Receive reports
from the Council’s subcommittees
(Underserved and Community
Empowerment, Research and
Evaluation, Partnerships, and Youth) on
their progress; and (2) hear from a panel
of experts about research in financial
capability.
DATES: The meeting will be held on July
16, 2012, at 10 a.m. Eastern Time.
SUBMISSION OF WRITTEN STATEMENTS: The
public is invited to submit written
statements to the Council. Written
statements should be sent by any one of
the following methods:
SUMMARY:
Electronic Statements
Email: pacfc@treasury.gov. or
Paper Statements
Send paper statements to the
Department of the Treasury, Office of
Financial Education, Financial Access,
and Consumer Protection, Main
Treasury Building, 1500 Pennsylvania
Avenue NW., Washington, DC 20220.
In general, the Department will make
all statements available in their original
format, including any business or
personal information provided such as
names, addresses, email addresses, or
telephone numbers, for public
inspection and photocopying 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.
You can make an appointment to
inspect statements by calling (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 only submit information that
you wish to make publicly available.
FOR FURTHER INFORMATION CONTACT:
Louisa Quittman, Director, Office of
Financial Education, Department of the
Treasury, 1500 Pennsylvania Avenue
NW., Washington, DC 20220, at (202)
622–5770 or pacfc@treasury.gov.
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37741
On
January 29, 2010, the President signed
Executive Order 13530, creating the
Council to assist the American people in
understanding financial matters and
making informed financial decisions,
thereby contributing to financial
stability. The Council is composed of
two ex-officio Federal officials and 15
non-governmental members appointed
by the President with relevant
backgrounds, such as financial services,
consumer protection, financial access,
and education. The role of the Council
is to advise the President and the
Secretary of the Treasury on means to
promote and enhance individuals’ and
families’ financial capability. The
Council held its first meeting on
November 30, 2010. At that meeting, the
Chair recommended the establishment
of five subcommittees to focus on the
following strategic areas: National
Strategy, Financial Access, Research
and Evaluation, Partnerships, and
Youth. The Council met again on April
21, 2011; July 12, 2011; November 8,
2011; January 19, 2012, and April 9,
2012. At the January 19, 2012, meeting,
the Council presented an Interim Report
to the President, which can be found at:
https://www.treasury.gov/resourcecenter/financial-education/Documents/
PACFC%20Interim%20Report%200118-12%20Final.pdf.
In accordance with section 10(a) of
the Federal Advisory Committee Act, 5
U.S.C. App. 2 and the regulations
thereunder, Louisa Quittman,
Designated Federal Officer of the
Council, has ordered publication of this
notice that the Council will convene its
seventh meeting on July 16, 2012, at the
Department of Treasury, 1500
Pennsylvania Avenue NW., Washington
DC, beginning at 10:00 a.m. Eastern
Time. The meeting will be open to the
public. Members of the public who plan
to attend the meeting must RSVP with
their name, organization represented (if
any), phone number, and email address.
To register, please go to
www.treasury.gov, click on Resource
Center, then Office of Financial
Education and Financial Access, and
then on the President’s Advisory
Council on Financial Capability by 5
p.m. Eastern Time on July 10, 2012. For
entry into the building on the date of the
meeting, attendees must present a
government-issued ID, such as a driver’s
license or passport, which includes a
photo. The purpose of the meeting is to
receive an update from the Council’s
subcommittees on their progress. The
SUPPLEMENTARY INFORMATION:
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37742
Federal Register / Vol. 77, No. 121 / Friday, June 22, 2012 / Notices
Council will also hear from experts on
financial capability research.
Melissa Koide,
Deputy Assistant Secretary of Financial
Education, Financial Access, and Consumer
Protection, U.S. Department of the Treasury.
[FR Doc. 2012–15312 Filed 6–21–12; 8:45 am]
BILLING CODE 4810–25–P
DEPARTMENT OF THE TREASURY
Community Development Financial
Institutions Fund
wreier-aviles on DSK7SPTVN1PROD with NOTICES
Funding Opportunity Title: Notice of
Funds Availability (NOFA) inviting
Applications for the FY 2012 Funding
Round of the Bank Enterprise Award
(BEA) Program.
Announcement Type: Announcement
of funding opportunity.
Catalog of Federal Domestic
Assistance (CFDA) Number: 21.021.
DATES: Applications for the FY 2012
funding round of the BEA Program must
be received by July 27, 2012.
Applications must meet all eligibility
and other requirements and deadlines,
as applicable, set forth in this NOFA.
Applications received after July 27,
2012 will be rejected.
Executive Summary: This NOFA is
issued in connection with the FY 2012
funding round of the BEA Program. The
BEA Program is administered by the
Community Development Financial
Institutions (CDFI) Fund, a wholly
owned government corporation within
the Department of the Treasury. The
BEA Program encourages Insured
Depository Institutions to increase their
levels of loans, investments, services,
and technical assistance within
Distressed Communities, and financial
assistance to CDFIs through grants,
stock purchases, loans, deposits, and
other forms of financial and technical
assistance, during a specified period.
I. Funding Opportunity Description
A. Baseline Period and Assessment
Period dates: A BEA Program Award is
based on an Applicant’s increases in
Qualified Activities from the Baseline
Period to the Assessment Period. For the
FY 2012 funding round, the Baseline
Period is calendar year 2010 (January 1,
2010 through December 31, 2010), and
the Assessment Period is calendar year
2011 (January 1, 2011 through December
31, 2011). If Qualified Activities in a
specific category results in a decrease in
activity from the Baseline Period to the
Assessment Period, there is no need to
report the activity.
B. Program regulations: The
regulations governing the BEA Program
can be found at 12 CFR part 1806 (the
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Jkt 226001
Interim Rule) and provide guidance on
evaluation criteria and other
requirements of the BEA Program. The
CDFI Fund encourages Applicants to
review the Interim Rule. Detailed BEA
Program requirements are found in the
Application related to this NOFA. Each
capitalized term in this NOFA is more
fully defined either in the Interim Rule
or the Application.
C. Qualified Activities: Qualified
Activities are defined in the Interim
Rule to include CDFI Related Activities,
Distressed Community Financing
Activities, and Service Activities (12
CFR 1806.103). CDFI Related Activities
(12 CFR 1806.103(q)) include Equity
Investments, Equity-Like Loans, and
CDFI Support Activities). Distressed
Community Financing Activities (12
CFR 1806.103(u)) include Affordable
Housing Loans, Affordable Housing
Development Loans and related Project
Investments; Education Loans;
Commercial Real Estate Loans and
related Project Investments; Home
Improvement Loans; and Small
Business Loans and related Project
Investments. Service Activities (12 CFR
1806.103(nn)) include Deposit
Liabilities, Financial Services,
Community Services, Targeted
Financial Services, and Targeted Retail
Savings/Investment Products.
When calculating BEA Program
Award amounts, the CDFI Fund will
count only the amount that an
Applicant reasonably expects to
disburse for a Qualified Activity within
12 months from the end of the
Assessment Period. Subject to the
requirements outlined in Section VII.
B.1. of this NOFA, in the case of
Commercial Real Estate Loans and
related Project Investments, the total
principal amount of the transaction
must be $10 million or less to be
considered a Qualified Activity.
Notwithstanding the foregoing, the CDFI
Fund, in its sole discretion, may
consider transactions with a total
principal value of over $10 million,
subject to review.
Activities funded with prior BEA
Award dollars, or funded to satisfy
requirements of a BEA Award
Agreement from a prior Award shall not
constitute a Qualified Activity for the
purposes of calculating or receiving an
Award.
D. Designation of Distressed
Community: Each CDFI Partner that is
the recipient of CDFI Support Activities
from an Applicant must designate a
Distressed Community. CDFI Partners
that receive Equity Investments are not
required to designate Distressed
Communities. Applicants applying for a
BEA Program Award for carrying out
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Distressed Community Financing
Activities or Service Activities must
verify that addresses of both Baseline
and Assessment Period activities are in
Distressed Communities when
completing their Application. Please
note that a Distressed Community as
defined by the BEA Program is not
necessarily the same as an Investment
Area as defined by the CDFI Program or
a Low-Income Community as defined by
the New Markets Tax Credit (NMTC)
Program.
1. Definition of Distressed
Community: A Distressed Community
must meet certain minimum geographic
area and distress requirements, which
are defined in the Interim Rule at 12
CFR 1806.103(t) and more fully
described in 12 CFR 1806.200. For the
purpose of this NOFA, Distressed
Communities labeled either ‘‘Fully
Qualified’’ or ‘‘Partially Qualified’’ in
the CDFI Fund Mapping System (CIMS)
will satisfy the definition of a Distressed
Community as long as the poverty rate
is not less than 20 percent. Applicants
should use CIMS to determine whether
a Baseline Period activity or Assessment
Period activity is located in a qualifying
Distressed Community.
2. Designation of Distressed
Community: A CDFI Partner (as
appropriate) shall designate an area as a
Distressed Community by:
(a) Selecting Geographic Units which
individually meet the minimum area
eligibility requirements; or
(b) Selecting two or more Geographic
Units which, in the aggregate, meet the
minimum area eligibility requirements
set forth in paragraph (1) of this section
provided that no Geographic Unit
selected by the Applicant within the
area has a poverty rate of less than 20
percent.
A CDFI Partner designates a
Distressed Community by submitting a
map of the Distressed Community as
described in the BEA Program
Application. CDFI Partners must use
CIMS to designate Distressed
Communities. CIMS is accessed through
myCDFIFund and contains step-by-step
instructions on how to create and save
the aforementioned map of the
Distressed Community. MyCDFIFund is
an electronic interface that is accessed
through the CDFI Fund’s Web site
(www.cdfifund.gov). Instructions for
registering with myCDFIFund are
available on the CDFI Fund’s Web site.
If you have any questions or problems
with registering, please contact the CDFI
Fund IT HelpDesk by telephone at (202)
622–2455, or by email to
ITHelpDesk@cdfi.treas.gov.
3. Persistent Poverty Counties: The
Consolidated Appropriations Act of
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Agencies
[Federal Register Volume 77, Number 121 (Friday, June 22, 2012)]
[Notices]
[Pages 37741-37742]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-15312]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Open Meeting of the President's Advisory Council on Financial
Capability
AGENCY: Department of the Treasury.
ACTION: Notice of meeting.
-----------------------------------------------------------------------
SUMMARY: The President's Advisory Council on Financial Capability
(``Council'') will convene for an open meeting on July 16, 2012, at the
Department of Treasury, 1500 Pennsylvania Avenue NW., Washington DC,
beginning at 10 a.m. Eastern Time. The meeting will be open to the
public. The Council will: (1) Receive reports from the Council's
subcommittees (Underserved and Community Empowerment, Research and
Evaluation, Partnerships, and Youth) on their progress; and (2) hear
from a panel of experts about research in financial capability.
DATES: The meeting will be held on July 16, 2012, at 10 a.m. Eastern
Time.
SUBMISSION OF WRITTEN STATEMENTS: The public is invited to submit
written statements to the Council. Written statements should be sent by
any one of the following methods:
Electronic Statements
Email: pacfc@treasury.gov. or
Paper Statements
Send paper statements to the Department of the Treasury, Office of
Financial Education, Financial Access, and Consumer Protection, Main
Treasury Building, 1500 Pennsylvania Avenue NW., Washington, DC 20220.
In general, the Department will make all statements available in
their original format, including any business or personal information
provided such as names, addresses, email addresses, or telephone
numbers, for public inspection and photocopying 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. You can make an appointment to inspect statements
by calling (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 only submit
information that you wish to make publicly available.
FOR FURTHER INFORMATION CONTACT: Louisa Quittman, Director, Office of
Financial Education, Department of the Treasury, 1500 Pennsylvania
Avenue NW., Washington, DC 20220, at (202) 622-5770 or
pacfc@treasury.gov.
SUPPLEMENTARY INFORMATION: On January 29, 2010, the President signed
Executive Order 13530, creating the Council to assist the American
people in understanding financial matters and making informed financial
decisions, thereby contributing to financial stability. The Council is
composed of two ex-officio Federal officials and 15 non-governmental
members appointed by the President with relevant backgrounds, such as
financial services, consumer protection, financial access, and
education. The role of the Council is to advise the President and the
Secretary of the Treasury on means to promote and enhance individuals'
and families' financial capability. The Council held its first meeting
on November 30, 2010. At that meeting, the Chair recommended the
establishment of five subcommittees to focus on the following strategic
areas: National Strategy, Financial Access, Research and Evaluation,
Partnerships, and Youth. The Council met again on April 21, 2011; July
12, 2011; November 8, 2011; January 19, 2012, and April 9, 2012. At the
January 19, 2012, meeting, the Council presented an Interim Report to
the President, which can be found at: https://www.treasury.gov/resource-center/financial-education/Documents/PACFC%20Interim%20Report%2001-18-12%20Final.pdf.
In accordance with section 10(a) of the Federal Advisory Committee
Act, 5 U.S.C. App. 2 and the regulations thereunder, Louisa Quittman,
Designated Federal Officer of the Council, has ordered publication of
this notice that the Council will convene its seventh meeting on July
16, 2012, at the Department of Treasury, 1500 Pennsylvania Avenue NW.,
Washington DC, beginning at 10:00 a.m. Eastern Time. The meeting will
be open to the public. Members of the public who plan to attend the
meeting must RSVP with their name, organization represented (if any),
phone number, and email address. To register, please go to
www.treasury.gov, click on Resource Center, then Office of Financial
Education and Financial Access, and then on the President's Advisory
Council on Financial Capability by 5 p.m. Eastern Time on July 10,
2012. For entry into the building on the date of the meeting, attendees
must present a government-issued ID, such as a driver's license or
passport, which includes a photo. The purpose of the meeting is to
receive an update from the Council's subcommittees on their progress.
The
[[Page 37742]]
Council will also hear from experts on financial capability research.
Melissa Koide,
Deputy Assistant Secretary of Financial Education, Financial Access,
and Consumer Protection, U.S. Department of the Treasury.
[FR Doc. 2012-15312 Filed 6-21-12; 8:45 am]
BILLING CODE 4810-25-P