Request for Certification of Compliance-Rural Industrialization Loan and Grant Program, 37583-37584 [2013-14855]
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Federal Register / Vol. 78, No. 120 / Friday, June 21, 2013 / Notices
protective of the rights of participants
and beneficiaries of such plan;
(2) The proposed amendments, if
granted, will be supplemental to, and
not in derogation of, any other
provisions of ERISA and the Code
including statutory or administrative
exemptions and transitional rules.
Furthermore, the fact that a transaction
is subject to an administrative or
statutory exemption is not dispositive of
whether the transaction is in fact a
prohibited transaction; and
(3) If granted, the proposed
amendments will be applicable to a
particular transaction only if the
conditions specified in the class
exemption are met.
TKELLEY on DSK3SPTVN1PROD with NOTICES
WRITTEN COMMENTS
All interested persons are invited to
submit written comments or requests for
a hearing on the proposed exemption to
the address and within the time period
set forth above. All comments and
requests for a hearing will be made a
part of the record. Comments and
requests for a hearing should state the
reasons for the writer’s interest in the
proposed exemption. Comments
received will be available for public
inspection at the address set forth
above.
PROPOSED AMENDMENT
Under the authority of section 408(a)
of ERISA and section 4975(c)(2) of the
Code, and in accordance with the
procedures set forth in 29 CFR 2570,
subpart B (55 FR 32836, August 10,
1990), the Department proposes to
amend the following class exemptions
as set forth below:
1. PTE 75–1 is amended by making
the following modifications:
(a) Part III, Paragraph (c)(1) is deleted
in its entirety and replaced with the
following: ‘‘(1) At the time of
acquisition, such securities are nonconvertible debt securities (i) subject to
no greater than moderate credit risk and
(ii) sufficiently liquid that such
securities can be sold at or near their
fair market value within a reasonably
short period of time.’’
(b) Part IV, Paragraph (a)(1), is deleted
in its entirety and replaced with the
following: ‘‘(1) At the time of
acquisition, such securities are nonconvertible debt securities (i) subject to
no greater than moderate credit risk and
(ii) sufficiently liquid that such
securities can be sold at or near their
fair market value within a reasonably
short period of time.’’
2. PTE 80–83 is amended by deleting
Paragraph I(C)(3) in its entirety and
replacing it with the following: ‘‘(3) The
issuer of such securities has been in
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continuous operation for not less than
three years, including the operations of
any predecessors, unless at the time of
acquisition, such securities are nonconvertible debt securities (i) subject to
no greater than moderate credit risk and
(ii) sufficiently liquid that such
securities can be sold at or near their
fair market value within a reasonably
short period of time.’’
3. PTE 81–8 is amended by deleting
Paragraph II(D) in its entirety and
replacing it with the following: ‘‘(D)
With respect to an acquisition or
holding of commercial paper (including
an acquisition by exchange) occurring
on or after the effective date of this
amendment, at the time of acquisition,
the commercial paper is (i) subject to a
minimal or low amount of credit risk
based on factors pertaining to credit
quality and the issuer’s ability to meet
its short-term financial obligations and
(ii) sufficiently liquid that such
securities can be sold at or near their
fair market value within a reasonably
short period of time.’’
4. PTE 95–60 is amended by deleting
Paragraph III(a)(2)(B) in its entirety and
replacing it with the following: ‘‘(B) the
certificates acquired by the general
account have the credit quality required
under the relevant Underwriter
Exemption at the time of such
acquisition.’’
5. PTE 97–41 is amended by deleting
Paragraph (II)(c)(2) in its entirety and
replacing it with the following: ‘‘(2)
such securities have the same coupon
rate and maturity, and at the time of
transfer, the same credit quality.’’
6. PTE 2006–16 is amended by
making the following modifications to
the definition of ‘‘Foreign Collateral’’ in
Section V(f):
(a) Paragraph V(f)(2) is deleted in its
entirety and replaced with the
following: ‘‘(2) foreign sovereign debt
securities that are (i) subject to a
minimal amount of credit risk, and (ii)
sufficiently liquid that such securities
can be sold at or near their fair market
value in the ordinary course of business
within seven calendar days;’’ and
(b) Paragraph V(f)(4) is deleted in its
entirety and replaced with the
following: ‘‘(4) irrevocable letters of
credit issued by a Foreign Bank, other
than the borrower or an affiliate thereof,
provided that, at the time the letters of
credit are issued, the Foreign Bank’s
ability to honor its commitments
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37583
thereunder is subject to no greater than
moderate credit risk.’’
Lyssa Hall,
Director of Exemption Determinations,
Employee Benefits Security Administration,
U.S. Department of Labor.
[FR Doc. 2013–14790 Filed 6–20–13; 8:45 am]
BILLING CODE P
DEPARTMENT OF LABOR
Employment and Training
Administration
Request for Certification of
Compliance—Rural Industrialization
Loan and Grant Program
Employment and Training
Administration, Labor.
ACTION: Notice.
AGENCY:
The Employment and
Training Administration is issuing this
notice to announce the receipt of a
‘‘Certification of Non-Relocation and
Market and Capacity Information
Report’’ (Form 4279–2) for the
following:
SUMMARY:
Applicant/Location: Anderson Behavioral
Health, Inc. Marshville, North Carolina.
Principal Product/Purpose: The loan,
guarantee, or grant is for the construction of
a 13,000 sq. ft. administration building, six
residence cottages, water, waste, and road
infrastructure. It will also be used to
purchase furniture and equipment.
The NAICS industry code for this
enterprise is 623220 and comprises
establishments primarily engaged in
providing residential care and treatment for
patients with mental health and substance
abuse illnesses.
All interested parties may submit
comments in writing no later than July
5, 2013. Copies of adverse comments
received will be forwarded to the
applicant noted above.
ADDRESSES: Address all comments
concerning this notice to Anthony D.
Dais, U.S. Department of Labor,
Employment and Training
Administration, 200 Constitution
Avenue NW., Room S–4231,
Washington, DC 20210; or email
Dais.Anthony@dol.gov; or transmit via
fax (202)693–3015 (this is not a toll-free
number).
FOR FURTHER INFORMATION CONTACT:
Anthony D. Dais, at telephone number
(202)693–2784 (this is not a toll-free
number).
SUPPLEMENTARY INFORMATION: Section
188 of the Consolidated Farm and Rural
Development Act of 1972, as established
under 29 CFR Part 75, authorizes the
United States Department of Agriculture
to make or guarantee loans or grants to
DATES:
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21JNN1
37584
Federal Register / Vol. 78, No. 120 / Friday, June 21, 2013 / Notices
finance industrial and business
activities in rural areas. The Secretary of
Labor must review the application for
financial assistance for the purpose of
certifying to the Secretary of Agriculture
that the assistance is not calculated, or
likely to result in: (a) A transfer of any
employment or business activity from
one area to another by the loan
applicant’s business operation; or, (b)
An increase in the production of goods,
materials, services, or facilities in an
area where there is not sufficient
demand to employ the efficient capacity
of existing competitive enterprises
unless the financial assistance will not
have an adverse impact on existing
competitive enterprises in the area. The
Employment and Training
Administration within the Department
of Labor is responsible for the review
and certification process. Comments
should address the two bases for
certification and, if possible, provide
data to assist in the analysis of these
issues.
Signed: at Washington, DC, this 6th of
June, 2013.
Gerri Fiala,
Acting Assistant Secretary, Employment and
Training Administration.
[FR Doc. 2013–14855 Filed 6–20–13; 8:45 am]
BILLING CODE 4510–FN–P
DEPARTMENT OF LABOR
Employment and Training
Administration
Request for Certification of
Compliance—Rural Industrialization
Loan and Grant Program
Employment and Training
Administration, Labor.
AGENCY:
ACTION:
Notice.
The Employment and
Training Administration is issuing this
notice to announce the receipt of a
‘‘Certification of Non-Relocation and
Market and Capacity Information
Report’’ (Form 4279–2) for the
following:
TKELLEY on DSK3SPTVN1PROD with NOTICES
SUMMARY:
Applicant/Location: Spirit Pharmaceutical,
Inc./Summerton, South Carolina
Principal Product/Purpose: The loan,
guarantee, or grant application will be used
to purchase and perform improvements to
real estate and to purchase equipment
associated with the opening of a new
pharmaceutical manufacturing facility. The
facility will ultimately create three hundred
jobs in a distressed area of South Carolina.
The NAICS industry codes for this enterprise
are: 325411/325412 (Pharmaceutical and
Medicine Manufacturing/Pharmaceutical
Preparation Manufacturing)
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18:32 Jun 20, 2013
Jkt 229001
All interested parties may submit
comments in writing no later than July
5, 2013. Copies of adverse comments
received will be forwarded to the
applicant noted above.
DEPARTMENT OF LABOR
Address all comments
concerning this notice to Anthony D.
Dais, U.S. Department of Labor,
Employment and Training
Administration, 200 Constitution
Avenue NW., Room S–4231,
Washington, DC 20210; or email
Dais.Anthony@dol.gov; or transmit via
fax (202) 693–3015 (this is not a toll-free
number).
U.S. Steel Tubular Products, Inc.,
Mckeesport Tubular Operations
Division, Subsidiary of United States
Steel Corporation, Mckeesport,
Pennsylvania; Notice of Amended
Certification
DATES:
ADDRESSES:
FOR FURTHER INFORMATION CONTACT:
Anthony D. Dais, at telephone number
(202) 693–2784 (this is not a toll-free
number).
Section
188 of the Consolidated Farm and Rural
Development Act of 1972, as established
under 29 CFR part 75, authorizes the
United States Department of Agriculture
to make or guarantee loans or grants to
finance industrial and business
activities in rural areas. The Secretary of
Labor must review the application for
financial assistance for the purpose of
certifying to the Secretary of Agriculture
that the assistance is not calculated, or
likely, to result in: (a) A transfer of any
employment or business activity from
one area to another by the loan
applicant’s business operation; or, (b)
An increase in the production of goods,
materials, services, or facilities in an
area where there is not sufficient
demand to employ the efficient capacity
of existing competitive enterprises
unless the financial assistance will not
have an adverse impact on existing
competitive enterprises in the area. The
Employment and Training
Administration within the Department
of Labor is responsible for the review
and certification process. Comments
should address the two bases for
certification and, if possible, provide
data to assist in the analysis of these
issues.
SUPPLEMENTARY INFORMATION:
Signed: at Washington, DC, this 4th day of
June, 2013.
Gerri Fiala,
Acting Assistant Secretary, Employment and
Training Administration.
[FR Doc. 2013–14856 Filed 6–20–13; 8:45 am]
BILLING CODE 4510–FN–P
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Employment and Training
Administration
[TA–W–82,285]
Pursuant to Section 221 of the Trade
Act of 1974, as amended, an
investigation was initiated in response
to a petition for Trade Adjustment
Assistance (TAA) filed on December 20,
2012 on behalf of workers of U.S. Steel
Tubular Products, McKeesport Tubular
Operations Division, a subsidiary of
United States Steel Corporation,
McKeesport, Pennsylvania (hereafter
collectively referred to as ‘‘U.S. Steel
Tubular Products’’ or ‘‘subject firm’’).
The workers’ firm produces steel drill
pipe and drill collars. The worker group
does not include on-site leased workers.
On January 28, 2013, the Department
issued a certification stating that the
criteria set forth in Section 222(e) of the
Trade Act of 1974, as amended, was
met.
A review of the determination and the
petition, however, revealed that the
certification was erroneously issued.
Specifically, the determination
inaccurately stated that the petition was
filed within a year of the March 3, 2011
publication in the Federal Register of
the International Trade Commission’s
finding that dumping of drill pipes and
drill collars from China negatively
impacted U.S. firms engaged in
production of those articles.
Although the subject firm was
publicly identified by name by the
International Trade Commission (ITC)
as a member of a domestic industry in
an investigation resulting in a category
of determination that is listed in Section
222(e) of the Act, 19 U.S.C. 2272(e), the
petition was filed more than a year after
the publication of the ITC’s findings in
the Federal Register.
As such, the Department conducted
another investigation to determine
whether or not the petitioning worker
group has met the criteria set forth in
Section 222(a) or (b) of the Trade Act of
1974, as amended.
Based on previously-submitted
information and additional information
obtained during the amendment
investigation, the Department has
determined that Section 222(a)(1) has
been met because a significant number
or proportion of the workers at U.S.
Steel Tubular Products have become
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Agencies
[Federal Register Volume 78, Number 120 (Friday, June 21, 2013)]
[Notices]
[Pages 37583-37584]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-14855]
-----------------------------------------------------------------------
DEPARTMENT OF LABOR
Employment and Training Administration
Request for Certification of Compliance--Rural Industrialization
Loan and Grant Program
AGENCY: Employment and Training Administration, Labor.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Employment and Training Administration is issuing this
notice to announce the receipt of a ``Certification of Non-Relocation
and Market and Capacity Information Report'' (Form 4279-2) for the
following:
Applicant/Location: Anderson Behavioral Health, Inc. Marshville,
North Carolina.
Principal Product/Purpose: The loan, guarantee, or grant is for
the construction of a 13,000 sq. ft. administration building, six
residence cottages, water, waste, and road infrastructure. It will
also be used to purchase furniture and equipment.
The NAICS industry code for this enterprise is 623220 and
comprises establishments primarily engaged in providing residential
care and treatment for patients with mental health and substance
abuse illnesses.
DATES: All interested parties may submit comments in writing no later
than July 5, 2013. Copies of adverse comments received will be
forwarded to the applicant noted above.
ADDRESSES: Address all comments concerning this notice to Anthony D.
Dais, U.S. Department of Labor, Employment and Training Administration,
200 Constitution Avenue NW., Room S-4231, Washington, DC 20210; or
email Dais.Anthony@dol.gov; or transmit via fax (202)693-3015 (this is
not a toll-free number).
FOR FURTHER INFORMATION CONTACT: Anthony D. Dais, at telephone number
(202)693-2784 (this is not a toll-free number).
SUPPLEMENTARY INFORMATION: Section 188 of the Consolidated Farm and
Rural Development Act of 1972, as established under 29 CFR Part 75,
authorizes the United States Department of Agriculture to make or
guarantee loans or grants to
[[Page 37584]]
finance industrial and business activities in rural areas. The
Secretary of Labor must review the application for financial assistance
for the purpose of certifying to the Secretary of Agriculture that the
assistance is not calculated, or likely to result in: (a) A transfer of
any employment or business activity from one area to another by the
loan applicant's business operation; or, (b) An increase in the
production of goods, materials, services, or facilities in an area
where there is not sufficient demand to employ the efficient capacity
of existing competitive enterprises unless the financial assistance
will not have an adverse impact on existing competitive enterprises in
the area. The Employment and Training Administration within the
Department of Labor is responsible for the review and certification
process. Comments should address the two bases for certification and,
if possible, provide data to assist in the analysis of these issues.
Signed: at Washington, DC, this 6th of June, 2013.
Gerri Fiala,
Acting Assistant Secretary, Employment and Training Administration.
[FR Doc. 2013-14855 Filed 6-20-13; 8:45 am]
BILLING CODE 4510-FN-P