Rate for Assessment on Direct Payment of Fees to Representatives in 2014, 180 [2013-31438]

Download as PDF 180 Federal Register / Vol. 79, No. 1 / Thursday, January 2, 2014 / Notices SMALL BUSINESS ADMINISTRATION Interest Rates The Small Business Administration publishes an interest rate called the optional ‘‘peg’’ rate (13 CFR 120.214) on a quarterly basis. This rate is a weighted average cost of money to the government for maturities similar to the average SBA direct loan. This rate may be used as a base rate for guaranteed fluctuating interest rate SBA loans. This rate will be 3.125 (31⁄8) percent for the January–March quarter of FY 2014. Pursuant to 13 CFR 120.921(b), the maximum legal interest rate for any third party lender’s commercial loan which funds any portion of the cost of a 504 project (see 13 CFR 120.801) shall be 6% over the New York Prime rate or, if that exceeds the maximum interest rate permitted by the constitution or laws of a given State, the maximum interest rate will be the rate permitted by the constitution or laws of the given State. Linda S. Rusche, Director, Office of Financial Assistance. [FR Doc. 2013–31358 Filed 12–31–13; 8:45 am] BILLING CODE 8025–01–P SOCIAL SECURITY ADMINISTRATION [Docket No. SSA–2013–0068] Rate for Assessment on Direct Payment of Fees to Representatives in 2014 AGENCY: Social Security Administration (SSA). ACTION: Notice. We are announcing that the assessment percentage rate under sections 206(d) and 1631(d)(2)(C) of the Social Security Act (Act), 42 U.S.C. 406(d) and 1383(d)(2)(C), is 6.3 percent for 2014. FOR FURTHER INFORMATION CONTACT: Jeffrey C. Blair, Associate General Counsel for Program Law, Office of the General Counsel, Social Security Administration, 6401 Security Boulevard, Baltimore, MD 21235–6401. Phone: (410) 965–3157, email Jeff.Blair@ ssa.gov. SUPPLEMENTARY INFORMATION: Individuals claiming Social Security benefits or Supplemental Security Income payments may choose to hire representatives to assist them with their claims. If the claim is successful and the individual was represented either by an attorney or by a non-attorney representative who has met certain prerequisites, the Act provides that we maindgalligan on DSK5TPTVN1PROD with NOTICES SUMMARY: VerDate Mar<15>2010 17:20 Dec 31, 2013 Jkt 232001 may withhold up to 25 percent of the past-due benefits on the claim and use that money to pay the representative’s approved fee directly to the representative. When we pay the representative’s fee directly to the representative, we must collect from that fee payment an assessment to recover the costs we incur in determining and paying representatives’ fees. The Act provides that the assessment we collect will be the lesser of two amounts: A specified dollar limit; or the amount determined by multiplying the fee we are paying by the assessment percentage rate. (Sections 206(d), 206(e), and 1631(d)(2) of the Act, 42 U.S.C. 406(d), 406(e), and 1383(d)(2).) The Act initially set the dollar limit at $75 in 2004 and provides that the limit will be adjusted annually based on changes in the cost-of-living. (Sections 206(d)(2)(A) and 1631(d)(2)(C)(ii)(I) of the Act, 42 U.S.C. 406(d)(2)(A) and 1383(d)(2)(C)(ii)(I).) The maximum dollar limit for the assessment currently is $89, as we announced in the Federal Register on November 05, 2013 (78 FR 66413). The Act requires us each year to set the assessment percentage rate at the lesser of 6.3 percent or the percentage rate necessary to achieve full recovery of the costs we incur to determine and pay representatives’ fees. (Sections 206(d)(2)(B)(ii) and 1631(d)(2)(C)(ii)(II) of the Act, 42 U.S.C. 406(d)(2)(B)(ii) and 1383(d)(2)(C)(ii)(II).) Based on the best available data, we have determined that the current rate of 6.3 percent will continue for 2014. We will continue to review our costs for these services on a yearly basis. Dated: December 26, 2013. Pete Spencer, Deputy Commissioner for Budget, Finance, Quality, and Management. [FR Doc. 2013–31438 Filed 12–31–13; 8:45 am] BILLING CODE 4191–02–P DEPARTMENT OF TRANSPORTATION Federal Aviation Administration [Summary Notice No. PE–2013–08] Petition for Exemption; Summary of Petition Received Federal Aviation Administration (FAA), DOT. ACTION: Notice of petition for exemption received. AGENCY: This notice contains a summary of a petition seeking relief from specified requirements of 14 CFR. SUMMARY: PO 00000 Frm 00089 Fmt 4703 Sfmt 4703 The purpose of this notice is to improve the public’s awareness of, and participation in, this aspect of FAA’s regulatory activities. Neither publication of this notice nor the inclusion or omission of information in the summary is intended to affect the legal status of the petition or its final disposition. DATES: Comments on this petition must identify the petition docket number involved and must be received on or before January 22, 2014. ADDRESSES: You may send comments identified by Docket Number FAA– 2013–0810 using any of the following methods: • Government-wide rulemaking Web site: Go to http://www.regulations.gov and follow the instructions for sending your comments electronically. • Mail: Send comments to the Docket Management Facility; U.S. Department of Transportation, 1200 New Jersey Avenue SE., West Building Ground Floor, Room W12–140, Washington, DC 20590. • Fax: Fax comments to the Docket Management Facility at 202–493–2251. • Hand Delivery: Bring comments to the Docket Management Facility 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. Privacy: We will post all comments we receive, without change, to http:// 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). Docket: To read background documents or comments received, go to http://www.regulations.gov at any time or to the Docket Management Facility 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: Theresa White, ANM–113, Standardization Branch, Transport Airplane Directorate, Federal Aviation Administration, 1601 Lind Avenue SW., Renton, WA 98057; email: theresa.j.white@faa.gov; (425) 227–2956; Sandra Long, ARM–201, Office of Rulemaking, Federal Aviation E:\FR\FM\02JAN1.SGM 02JAN1

Agencies

[Federal Register Volume 79, Number 1 (Thursday, January 2, 2014)]
[Notices]
[Page 180]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-31438]


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SOCIAL SECURITY ADMINISTRATION

[Docket No. SSA-2013-0068]


Rate for Assessment on Direct Payment of Fees to Representatives 
in 2014

AGENCY: Social Security Administration (SSA).

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: We are announcing that the assessment percentage rate under 
sections 206(d) and 1631(d)(2)(C) of the Social Security Act (Act), 42 
U.S.C. 406(d) and 1383(d)(2)(C), is 6.3 percent for 2014.

FOR FURTHER INFORMATION CONTACT: Jeffrey C. Blair, Associate General 
Counsel for Program Law, Office of the General Counsel, Social Security 
Administration, 6401 Security Boulevard, Baltimore, MD 21235-6401. 
Phone: (410) 965-3157, email Jeff.Blair@ssa.gov.

SUPPLEMENTARY INFORMATION: Individuals claiming Social Security 
benefits or Supplemental Security Income payments may choose to hire 
representatives to assist them with their claims. If the claim is 
successful and the individual was represented either by an attorney or 
by a non-attorney representative who has met certain prerequisites, the 
Act provides that we may withhold up to 25 percent of the past-due 
benefits on the claim and use that money to pay the representative's 
approved fee directly to the representative.
    When we pay the representative's fee directly to the 
representative, we must collect from that fee payment an assessment to 
recover the costs we incur in determining and paying representatives' 
fees. The Act provides that the assessment we collect will be the 
lesser of two amounts: A specified dollar limit; or the amount 
determined by multiplying the fee we are paying by the assessment 
percentage rate. (Sections 206(d), 206(e), and 1631(d)(2) of the Act, 
42 U.S.C. 406(d), 406(e), and 1383(d)(2).)
    The Act initially set the dollar limit at $75 in 2004 and provides 
that the limit will be adjusted annually based on changes in the cost-
of-living. (Sections 206(d)(2)(A) and 1631(d)(2)(C)(ii)(I) of the Act, 
42 U.S.C. 406(d)(2)(A) and 1383(d)(2)(C)(ii)(I).) The maximum dollar 
limit for the assessment currently is $89, as we announced in the 
Federal Register on November 05, 2013 (78 FR 66413).
    The Act requires us each year to set the assessment percentage rate 
at the lesser of 6.3 percent or the percentage rate necessary to 
achieve full recovery of the costs we incur to determine and pay 
representatives' fees. (Sections 206(d)(2)(B)(ii) and 
1631(d)(2)(C)(ii)(II) of the Act, 42 U.S.C. 406(d)(2)(B)(ii) and 
1383(d)(2)(C)(ii)(II).)
    Based on the best available data, we have determined that the 
current rate of 6.3 percent will continue for 2014. We will continue to 
review our costs for these services on a yearly basis.

    Dated: December 26, 2013.
Pete Spencer,
Deputy Commissioner for Budget, Finance, Quality, and Management.
[FR Doc. 2013-31438 Filed 12-31-13; 8:45 am]
BILLING CODE 4191-02-P