November 6, 2015 – Federal Register Recent Federal Regulation Documents

Notice of Filing of Plats of Survey; Colorado
Document Number: 2015-28315
Type: Notice
Date: 2015-11-06
Agency: Department of the Interior, Bureau of Land Management
The Bureau of Land Management (BLM) Colorado State Office is publishing this notice to inform the public of the intent to officially file the survey plats listed below and afford a proper period of time to protest this action prior to the plat filing. During this time, the plats will be available for review in the BLM Colorado State Office.
Agency Information Collection Activities; Submission for OMB Review; Comment Request; Distribution of Characteristics of the Insured Unemployed
Document Number: 2015-28312
Type: Notice
Date: 2015-11-06
Agency: Department of Labor, Office of the Secretary
The Department of Labor (DOL) is submitting the Employment and Training Administration (ETA) sponsored information collection request (ICR) titled, ``Distribution of Characteristics of the Insured Unemployed,'' to the Office of Management and Budget (OMB) for review and approval for continued use, without change, in accordance with the Paperwork Reduction Act of 1995 (PRA), 44 U.S.C. 3501 et seq. Public comments on the ICR are invited.
Hazardous Materials: Notice of Suspension of Del-Med, Inc., Edison, NJ for DOT-SP 8308
Document Number: 2015-28311
Type: Notice
Date: 2015-11-06
Agency: Pipeline and Hazardous Materials Safety Administration, Department of Transportation
This provides notice that transportation under the terms of DOT-SP 8308 has been suspended for Del-Med, Inc. formerly located in Edison, NJ.
NASA Federal Acquisition Regulation Supplement
Document Number: 2015-28309
Type: Rule
Date: 2015-11-06
Agency: National Aeronautics and Space Administration, Agencies and Commissions
NASA is making technical amendments to the NASA FAR Supplement (NFS) to provide needed editorial changes.
Information Collection Being Reviewed by the Federal Communications Commission
Document Number: 2015-28304
Type: Notice
Date: 2015-11-06
Agency: Federal Communications Commission, Agencies and Commissions
As part of its continuing effort to reduce paperwork burdens, and as required by the Paperwork Reduction Act (PRA) of 1995 (44 U.S.C. 3501-3520), the Federal Communications Commission (FCC or Commission) invites the general public and other Federal agencies to take this opportunity to comment on the following information collections. Comments are requested concerning: Whether the proposed collection of information is necessary for the proper performance of the functions of the Commission, including whether the information shall have practical utility; the accuracy of the Commission's burden estimate; ways to enhance the quality, utility, and clarity of the information collected; ways to minimize the burden of the collection of information on the respondents, including the use of automated collection techniques or other forms of information technology; and ways to further reduce the information collection burden on small business concerns with fewer than 25 employees. The FCC may not conduct or sponsor a collection of information unless it displays a currently valid OMB control number. No person shall be subject to any penalty for failing to comply with a collection of information subject to the PRA that does not display a valid OMB control number.
Information Collection Being Reviewed by the Federal Communications Commission Under Delegated Authority
Document Number: 2015-28303
Type: Notice
Date: 2015-11-06
Agency: Federal Communications Commission, Agencies and Commissions
As part of its continuing effort to reduce paperwork burdens, and as required by the Paperwork Reduction Act (PRA) of 1995 (44 U.S.C. 3501-3520), the Federal Communications Commission (FCC or Commission) invites the general public and other Federal agencies to take this opportunity to comment on the following information collections. Comments are requested concerning: Whether the proposed collection of information is necessary for the proper performance of the functions of the Commission, including whether the information shall have practical utility; the accuracy of the Commission's burden estimate; ways to enhance the quality, utility, and clarity of the information collected; ways to minimize the burden of the collection of information on the respondents, including the use of automated collection techniques or other forms of information technology; and ways to further reduce the information collection burden on small business concerns with fewer than 25 employees. The FCC may not conduct or sponsor a collection of information unless it displays a currently valid OMB control number. No person shall be subject to any penalty for failing to comply with a collection of information subject to the PRA that does not display a valid OMB control number.
Information Collection Being Reviewed by the Federal Communications Commission
Document Number: 2015-28302
Type: Notice
Date: 2015-11-06
Agency: Federal Communications Commission, Agencies and Commissions
As part of its continuing effort to reduce paperwork burdens, and as required by the Paperwork Reduction Act (PRA) of 1995 (44 U.S.C. 3501-3520), the Federal Communications Commission (FCC or the Commission) invites the general public and other Federal agencies to take this opportunity to comment on the following information collection. Comments are requested concerning: Whether the proposed collection of information is necessary for the proper performance of the functions of the Commission, including whether the information shall have practical utility; the accuracy of the Commission's burden estimate; ways to enhance the quality, utility, and clarity of the information collected; ways to minimize the burden of the collection of information on the respondents, including the use of automated collection techniques or other forms of information technology; and ways to further reduce the information collection burden on small business concerns with fewer than 25 employees. The FCC may not conduct or sponsor a collection of information unless it displays a currently valid control number. No person shall be subject to any penalty for failing to comply with a collection of information subject to the PRA that does not display a valid Office of Management and Budget (OMB) control number.
Carbazole Violet Pigment 23 From China and India; Determinations
Document Number: 2015-28301
Type: Notice
Date: 2015-11-06
Agency: International Trade Commission, Agencies and Commissions
Combined Notice of Filings
Document Number: 2015-28299
Type: Notice
Date: 2015-11-06
Agency: Department of Energy, Federal Energy Regulatory Commission
Pacific Island Pelagic Fisheries; 2015 U.S. Territorial Longline Bigeye Tuna Catch Limits for Guam
Document Number: 2015-28298
Type: Rule
Date: 2015-11-06
Agency: Department of Commerce, National Oceanic and Atmospheric Administration
In this final rule, NMFS specifies a 2015 limit of 2,000 metric tons (mt) of longline-caught bigeye tuna for Guam. NMFS will allow the territory to allocate up to 1,000 mt each year to U.S. longline fishing vessels in a specified fishing agreement that meets established criteria. As an accountability measure, NMFS will monitor, attribute, and restrict (if necessary) catches of longline-caught bigeye tuna, including catches made under a specified fishing agreement. These catch limits and accountability measures support the long-term sustainability of fishery resources of the U.S. Pacific Islands.
Agenda and Notice of Public Meeting of the Montana Advisory Committee
Document Number: 2015-28296
Type: Notice
Date: 2015-11-06
Agency: Commission on Civil Rights
Notice is hereby given, pursuant to the provisions of the rules and regulations of the U.S. Commission on Civil Rights (Commission), and the Federal Advisory Committee Act (FACA), that a planning meeting of the Montana Advisory Committee to the Commission will convene at 1:00 p.m. (MDT) on Tuesday, November 17, 2015, via teleconference. The purpose of the planning meeting is for the Advisory Committee to continue their discussion and plans to conduct a community forum on Border Town Discrimination against Native Americans. Planning will include identifying specific issues to be addressed, presenters to be invited, and setting of the agenda. Members of the public may listen to the discussion by dialing the following Conference Call Toll-Free Number: 1-888-329-8862; Conference ID: 3946131. Please be advised that before being placed into the conference call, the operator will ask callers to provide their names, their organizational affiliations (if any), and an email address (if available) prior to placing callers into the conference room. Callers can expect to incur charges for calls they initiate over wireless lines, and the Commission will not refund any incurred charges. Callers will incur no charge for calls they initiate over land-line connections to the toll-free phone number. Persons with hearing impairments may also follow the discussion by first calling the Federal Relay Service (FRS) at 1-800-977-8339 and provide the FRS operator with the Conference Call Toll-Free Number: 1- 888-329-8862, Conference ID: 3946131. Members of the public are invited to submit written comments; the comments must be received in the regional office by Thursday, December 17, 2015. Written comments may be mailed to the Rocky Mountain Regional Office, U.S. Commission on Civil Rights, 1961 Stout Street, Suite 13-201, Denver, CO 80294, faxed to (303) 866-1050, or emailed to Evelyn Bohor at ebohor@usccr.gov. Persons who desire additional information may contact the Rocky Mountain Regional Office at (303) 866-1040. Records and documents discussed during the meeting will be available for public viewing as they become available at https:// database.faca.gov/committee/meetings.aspx?cid=259 and clicking on the ``Meeting Details'' and ``Documents'' links. Records generated from this meeting may also be inspected and reproduced at the Rocky Mountain Regional Office, as they become available, both before and after the meeting. Persons interested in the work of this advisory committee are advised to go to the Commission's Web site, www.usccr.gov, or to contact the Rocky Mountain Regional Office at the above phone number, email or street address.
National Register of Historic Places; Notification of Pending Nominations and Related Actions
Document Number: 2015-28295
Type: Notice
Date: 2015-11-06
Agency: Department of the Interior, National Park Service
The National Park Service is soliciting comments on the significance of properties nominated before October 17, 2015, for listing or related actions in the National Register of Historic Places.
Proposed Information Collection; Comment Request: Socioeconomics of Ocean Guardian Schools-An Office of the National Marine Sanctuaries Educational Program
Document Number: 2015-28287
Type: Notice
Date: 2015-11-06
Agency: Department of Commerce, National Oceanic and Atmospheric Administration
The Department of Commerce, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995.
Watch, Watch Instruments, and Jewelry Program
Document Number: 2015-28284
Type: Rule
Date: 2015-11-06
Agency: Department of Commerce, International Trade Administration
Instruments and Apparatus for Educational and Scientific Institutions
Document Number: 2015-28282
Type: Rule
Date: 2015-11-06
Agency: Department of Commerce, International Trade Administration
Instruments and Apparatus for Educational and Scientific Institutions
Document Number: 2015-28281
Type: Rule
Date: 2015-11-06
Agency: Department of Commerce, International Trade Administration
Extension of Time To File Certain Information Returns; Extension of Comment Period
Document Number: 2015-28279
Type: Proposed Rule
Date: 2015-11-06
Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury
This document extends the comment period for a notice of proposed rulemaking (REG-132075-14) that was published in the Federal Register on Thursday, August 13, 2015. The proposed regulations relate to extensions of time to file information returns on forms in the W-2 series (except Form W-2G).
Approval of California Air Plan Revisions, Placer County Air Pollution Control District
Document Number: 2015-28274
Type: Rule
Date: 2015-11-06
Agency: Environmental Protection Agency
The Environmental Protection Agency (EPA) is taking direct final action to approve a revision to the Placer County portion of the California State Implementation Plan (SIP). This revision concerns the necessary procedures to create emission reduction credits (ERCs) from the reduction of volatile organic compound (VOC), oxides of nitrogen (NOx), oxides of sulfur (SOx), particulate matter (PM), and carbon monoxide (CO) emissions due to the use and installation of a control device on stationary locomotive engines in rail yards. We are approving a local rule that provides administrative procedures for creating emissions reduction credits, consistent with Clean Air Act (CAA or the Act) requirements.
Projects Approved for Consumptive Uses of Water
Document Number: 2015-28272
Type: Notice
Date: 2015-11-06
Agency: Susquehanna River Basin Commission, Agencies and Commissions
This notice lists the projects approved by rule by the Susquehanna River Basin Commission during the period set forth in DATES.
Revisions to the California State Implementation Plan, Placer County Air Pollution Control District
Document Number: 2015-28271
Type: Proposed Rule
Date: 2015-11-06
Agency: Environmental Protection Agency
The Environmental Protection Agency (EPA) is proposing to approve a revision to the Placer County portion of the California State Implementation Plan (SIP). This revision concerns the necessary procedures to create emission reduction credits (ERCs) from the reduction of volatile organic compound (VOC), oxides of nitrogen (NOX), oxides of sulfur (SOX), particulate matter (PM), and carbon monoxide (CO) emissions due to the use and installation of a control device on stationary locomotive engines in rail yards. We are proposing to approve a local rule that provides administrative procedures for creating emissions reduction credits, consistent with Clean Air Act (CAA or the Act) requirements.
Pesticide Experimental Use Permit; Receipt of Application; Comment Request
Document Number: 2015-28269
Type: Notice
Date: 2015-11-06
Agency: Environmental Protection Agency
This notice announces EPA's receipt of an application 91163- EUP-R from Texas Corn Producers Board requesting an experimental use permit (EUP) for the Aspergillus flavus strains TC16F, TC35C, TC38B, and TC46G. The Agency has determined that the permit may be of regional and national significance. Therefore, because of the potential significance, EPA is seeking comments on this application.
DTE Electric Company; Fermi 2 Nuclear Power Plant
Document Number: 2015-28265
Type: Notice
Date: 2015-11-06
Agency: Nuclear Regulatory Commission, Agencies and Commissions
The U.S. Nuclear Regulatory Commission (NRC) is issuing for public comment a draft plant-specific supplement, Supplement 56, to NUREG-1437, ``Generic Environmental Impact Statement for License Renewal of Nuclear Plants'' (GEIS), regarding the renewal of DTE Electric Company (DTE) operating license NPF-43 for Fermi 2 for an additional 20 years of operation. Possible alternatives to the proposed action (license renewal) include no action and reasonable alternative energy sources. The NRC staff plans to hold one public meeting during the public comment period to present an overview of the draft plant- specific supplements to the GEIS and to accept public comments on the document.
Agency Information Collection Activities: Proposed Collection: Public Comment Request
Document Number: 2015-28264
Type: Notice
Date: 2015-11-06
Agency: Department of Health and Human Services, Health Resources and Services Administration
In compliance with the requirement for opportunity for public comment on proposed data collection projects (Section 3506(c)(2)(A) of the Paperwork Reduction Act of 1995), the Health Resources and Services Administration (HRSA) announces plans to submit an Information Collection Request (ICR), described below, to the Office of Management and Budget (OMB). Prior to submitting the ICR to OMB, HRSA seeks comments from the public regarding the burden estimate, below, or any other aspect of the ICR.
VA Veteran-Owned Small Business (VOSB) Verification Guidelines
Document Number: 2015-28256
Type: Proposed Rule
Date: 2015-11-06
Agency: Department of Veteran Affairs
The Department of Veterans Affairs (VA) is proposing to amend its regulations governing the VA Veteran-Owned Small Business (VOSB) Verification Program. VA seeks to find an appropriate balance between preventing fraud in the Veterans First Contracting Program and providing a process that would make it easier for more VOSBs to become verified. The Verification Program has been the subject of reports from both the Government Accountability Office (GAO) and VA's Office of Inspector General stating that despite VA's Verification Program, fraud still exists in the Veterans First Contracting Program. Some stakeholder feedback has been that the current regulations at 38 CFR part 74 are too open to interpretation and are unnecessarily more rigorous than similar certification programs run by the Small Business Administration (SBA). This proposed rule would clarify the eligibility requirements for businesses to obtain ``verified'' status, add and revise definitions, reorder requirements, redefine the definition of ``control'', and explain examination procedure and review processes. This proposed rule would additionally implement new changesreferences to community property restrictions, ``unconditional'' ownership, day- to-day requirements, and full-time requirements would be removed or revised and limited in scope; an exception for majority, supermajority, unanimous, or other voting provisions for extraordinary business decisions would be added.
Final Environmental Impact Statement for the Schofield Generating Station Project, United States Army Garrison, Hawaii
Document Number: 2015-28223
Type: Notice
Date: 2015-11-06
Agency: Department of Defense, Department of the Army
The Department of the Army announces the availability of the Final Environmental Impact Statement (FEIS) for the proposed lease of land and granting of easements on Schofield Barracks and Wheeler Army Airfield to Hawaiian Electric Company (Hawaiian Electric) for the construction, ownership, operation, and maintenance of a 50-megawatt (MW) capacity, biofuel-capable generating station, referred to as the Schofield Generating Station, and associated power poles, high-tension power lines, and related equipment and facilities. In accordance with the National Environmental Policy Act (NEPA), the FEIS analyzes the environmental impacts associated with construction and operation of the Schofield Generating Station and associated infrastructure.
Army Education Advisory Committee Meeting Notice
Document Number: 2015-28218
Type: Notice
Date: 2015-11-06
Agency: Department of Defense, Department of the Army
The Department of the Army is publishing this notice to announce the following Federal advisory committee meeting of the Army Education Advisory Committee. This meeting is open to the public.
Army Education Advisory Subcommittee Meeting Notice
Document Number: 2015-28217
Type: Notice
Date: 2015-11-06
Agency: Department of Defense, Department of the Army
The Department of the Army is publishing this notice to announce the following Federal advisory committee meeting of the Defense Language Institute Foreign Language Center Board of Visitors, a subcommittee of the Army Education Advisory Committee. This meeting is open to the public.
Notice of Intent To License Government-Owned Inventions; Intent To License on a Partially-Exclusive Basis
Document Number: 2015-28215
Type: Notice
Date: 2015-11-06
Agency: Department of Defense, Department of the Army
The inventions listed below are assigned to the United States Government as represented by the Secretary of the Army. The U.S. Army Edgewood Chemical Biological Center intends to license these inventions on a partially-exclusive basis to Biodetech LLC, a Maryland corporation with principal offices at 2224 Choate Rd., Fallston, MD 21047. The inventions to be licensed collectively enable the Agents of Biological Origin Identifier (ABOid) system, and are disclosed in U.S. Patent 8,412,464, issued April 2, 2013 and entitled ``Methods for detection and identification of cell type'' and U.S. Patent 8,224,581, issued July 17, 2012 and entitled ``Methods for detection and identification of cell type.''
Standard Instrument Approach Procedures, and Takeoff Minimums and Obstacle Departure Procedures; Miscellaneous Amendments
Document Number: 2015-28121
Type: Rule
Date: 2015-11-06
Agency: Federal Aviation Administration, Department of Transportation
This rule amends, suspends, or removes Standard Instrument Approach Procedures (SIAPs) and associated Takeoff Minimums and Obstacle Departure Procedures for operations at certain airports. These regulatory actions are needed because of the adoption of new or revised criteria, or because of changes occurring in the National Airspace System, such as the commissioning of new navigational facilities, adding new obstacles, or changing air traffic requirements. These changes are designed to provide for the safe and efficient use of the navigable airspace and to promote safe flight operations under instrument flight rules at the affected airports.
Standard Instrument Approach Procedures, and Takeoff Minimums and Obstacle Departure Procedures; Miscellaneous Amendments
Document Number: 2015-28119
Type: Rule
Date: 2015-11-06
Agency: Federal Aviation Administration, Department of Transportation
This rule establishes, amends, suspends, or removes Standard Instrument Approach Procedures (SIAPs) and associated Takeoff Minimums and Obstacle Departure Procedures (ODPs) for operations at certain airports. These regulatory actions are needed because of the adoption of new or revised criteria, or because of changes occurring in the National Airspace System, such as the commissioning of new navigational facilities, adding new obstacles, or changing air traffic requirements. These changes are designed to provide safe and efficient use of the navigable airspace and to promote safe flight operations under instrument flight rules at the affected airports.
Standard Instrument Approach Procedures, and Takeoff Minimums and Obstacle Departure Procedures; Miscellaneous Amendments
Document Number: 2015-28118
Type: Rule
Date: 2015-11-06
Agency: Federal Aviation Administration, Department of Transportation
This rule amends, suspends, or removes Standard Instrument Approach Procedures (SIAPs) and associated Takeoff Minimums and Obstacle Departure Procedures for operations at certain airports. These regulatory actions are needed because of the adoption of new or revised criteria, or because of changes occurring in the National Airspace System, such as the commissioning of new navigational facilities, adding new obstacles, or changing air traffic requirements. These changes are designed to provide for the safe and efficient use of the navigable airspace and to promote safe flight operations under instrument flight rules at the affected airports.
Standard Instrument Approach Procedures, and Takeoff Minimums and Obstacle Departure Procedures; Miscellaneous Amendments
Document Number: 2015-28117
Type: Rule
Date: 2015-11-06
Agency: Federal Aviation Administration, Department of Transportation
This rule establishes, amends, suspends, or removes Standard Instrument Approach Procedures (SIAPs) and associated Takeoff Minimums and Obstacle Departure Procedures (ODPs) for operations at certain airports. These regulatory actions are needed because of the adoption of new or revised criteria, or because of changes occurring in the National Airspace System, such as the commissioning of new navigational facilities, adding new obstacles, or changing air traffic requirements. These changes are designed to provide safe and efficient use of the navigable airspace and to promote safe flight operations under instrument flight rules at the affected airports.
Chlorpyrifos; Tolerance Revocations
Document Number: 2015-28083
Type: Proposed Rule
Date: 2015-11-06
Agency: Environmental Protection Agency
On August 10, 2015, the U.S. Court of Appeals for the Ninth Circuit ordered EPA to respond to an administrative Petition to revoke all tolerances for the insecticide chlorpyrifos by October 31, 2015, by either denying the Petition or issuing a proposed or final tolerance revocation. At this time, the agency is unable to conclude that the risk from aggregate exposure from the use of chlorpyrifos meets the safety standard of section 408(b)(2) of the Federal Food, Drug, and Cosmetic Act (FFDCA). Accordingly, EPA is proposing to revoke all tolerances for chlorpyrifos. EPA is specifically soliciting comment on whether there is an interest in retaining any individual tolerances, or group of tolerances, and whether information exists to demonstrate that such tolerance(s) meet(s) the FFDCA section 408(b) safety standard. EPA encourages interested parties to comment on the tolerance revocations proposed in this document and on the proposed time frame for tolerance revocation. Issues not raised during the comment period may not be raised as objections to the final rule, or in any other challenge to the final rule.
Energy Efficiency Standards for New Federal Commercial and Multi-Family High-Rise Residential Buildings' Baseline Standards Update
Document Number: 2015-28078
Type: Rule
Date: 2015-11-06
Agency: Department of Energy
The U.S. Department of Energy (DOE) is publishing this final rule to implement provisions in the Energy Conservation and Production Act (ECPA) that require DOE to update the baseline Federal energy efficiency performance standards for the construction of new Federal commercial and multi-family high-rise residential buildings. This rule updates the baseline Federal commercial standard to the American Society of Heating, Refrigerating, and Air-Conditioning Engineers (ASHRAE) Standard 90.1-2013.
Federal Property Suitable as Facilities To Assist the Homeless
Document Number: 2015-28008
Type: Notice
Date: 2015-11-06
Agency: Department of Housing and Urban Development
This Notice identifies unutilized, underutilized, excess, and surplus Federal property reviewed by HUD for suitability for use to assist the homeless.
Medicare Program; End-Stage Renal Disease Prospective Payment System, and Quality Incentive Program
Document Number: 2015-27928
Type: Rule
Date: 2015-11-06
Agency: Centers for Medicare & Medicaid Services, Department of Health and Human Services
This rule updates and makes revisions to the End-Stage Renal Disease (ESRD) Prospective Payment System (PPS) for calendar year (CY) 2016. This rule is necessary to ensure that ESRD facilities receive accurate Medicare payment amounts for furnishing outpatient maintenance dialysis treatments during calendar year 2016. This rule will also set forth requirements for the ESRD Quality Incentive Program (QIP), including for PYs 2017 through 2019.
Air Plan Approval; WY; Update to Materials Incorporated by Reference
Document Number: 2015-27902
Type: Rule
Date: 2015-11-06
Agency: Environmental Protection Agency
The Environmental Protection Agency (EPA) is updating the materials that are incorporated by reference (IBR) into the Wyoming State Implementation Plan (SIP). The Regulations affected by this update have been previously submitted by the Wyoming Department of Environmental Quality and approved by the EPA. In this action, the EPA is also notifying the public of corrections to typographical errors and minor formatting changes to the IBR tables. This update affects the SIP materials that are available for public inspection at the EPA Regional Office.
Apprenticeship Programs; Equal Employment Opportunity
Document Number: 2015-27316
Type: Proposed Rule
Date: 2015-11-06
Agency: Department of Labor
The U.S. Department of Labor (DOL or Department) is issuing a Notice of Proposed Rulemaking (NPRM) to update the equal opportunity regulations that implement the National Apprenticeship Act of 1937. These regulations prohibit discrimination in registered apprenticeship on the basis of race, color, religion, national origin, and sex, and require that sponsors of registered apprenticeship programs take affirmative action to provide equal opportunity in such programs. The proposed rule would revise regulations to reflect changes made in October 2008 to Labor Standards for Registration of Apprenticeship Programs; update equal opportunity standards to include age (40 or older), genetic information, sexual orientation, and disability among the list of protected bases upon which a sponsor must not discriminate; strengthen the affirmative action provisions for sponsors by detailing mandatory actions a sponsor must take to satisfy its affirmative action obligations, and by requiring affirmative action for individuals with disabilities; and improve the overall readability of through restructuring and clarification of the text. In addition, the proposed rule would make technical, conforming amendments to current regulations.
Assessments
Document Number: 2015-27287
Type: Proposed Rule
Date: 2015-11-06
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
Pursuant to the requirements of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) and its authority under section 7 of the Federal Deposit Insurance Act (FDI Act), the FDIC proposes to impose a surcharge on the quarterly assessments of insured depository institutions with total consolidated assets of $10 billion or more. The surcharges would begin the calendar quarter after the reserve ratio of the Deposit Insurance Fund (DIF or fund) first reaches or exceeds 1.15 percentthe same time that lower regular deposit insurance assessment (regular assessment) rates take effect and would continue through the quarter that the reserve ratio first reaches or exceeds 1.35 percent. The surcharge would equal an annual rate of 4.5 basis points applied to the institution's assessment base (with certain adjustments). The FDIC expects that these surcharges will commence in 2016 and that they should be sufficient to raise the reserve ratio to 1.35 percent in approximately eight quarters, i.e., before the end of 2018. If, contrary to the FDIC's expectations, the reserve ratio does not reach 1.35 percent by December 31, 2018 (provided it is at least 1.15 percent), the FDIC would impose a shortfall assessment on insured depository institutions with total consolidated assets of $10 billion or more on March 31, 2019. Since the Dodd-Frank Act requires that the FDIC offset the effect of the increase in the reserve ratio from 1.15 percent to 1.35 percent on insured depository institutions with total consolidated assets of less than $10 billion, the FDIC would provide assessment credits to insured depository institutions with total consolidated assets of less than $10 billion for the portion of their regular assessments that contributed to growth in the reserve ratio between 1.15 percent and 1.35 percent. The FDIC would apply the credits each quarter that the reserve ratio is at least 1.40 percent to offset part of the assessments of each institution with credits.
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