Departmental Offices; Interest Rate Paid on Cash Deposited to Secure U.S. Immigration and Customs; Enforcement Immigration Bonds, 1289-1290 [2016-291]

Download as PDF 1289 Federal Register / Vol. 81, No. 6 / Monday, January 11, 2016 / Notices government issued identification to gain admittance to the DOT Building. Those who do not register in advance may not be able to attend because of limited space in the DOT Conference Center. To register please contact J. Stephen Higgins by email: james.higgins@dot.gov or by phone: 202–366–3976 (email preferred). Public Comment: Members of the public are encouraged to comment either in person at the meeting or at https://www.regulations.gov. In order to allow as many people as possible to provide comments at the meeting, speakers are requested to limit their remarks to 5 minutes. You may submit written comments identified by DOT Docket ID Number NHTSA–2015–0121 using any of the following methods: Electronic submissions: Go to https:// www.regulations.gov. Follow the on-line instructions for submitting comments. Mail: Docket Management Facility, M–30, U.S. Department of Transportation, 1200 New Jersey Avenue SE., West Building Ground Floor, Room W12–140, Washington, DC 20590. Hand Delivery: West Building Ground Floor, Room W12–140, 1200 New Jersey Avenue SE., Washington, DC, between 9 a.m. and 5 p.m., Monday through Friday, except Federal holidays. Fax: 1– (202) 493–2251. Instructions: Each submission must include the Agency name and the Docket number for this Notice. Note that all comments received will be posted without change to https:// www.regulations.gov including any personal information provided. Authority: 49 U.S.C. 30182; 23 U.S.C. 403 Mike Brown, Acting Associate Administrator, Research and Program Development. [FR Doc. 2016–296 Filed 1–8–16; 8:45 am] BILLING CODE 4910–59–P DEPARTMENT OF TRANSPORTATION Office of the Secretary of Transportation Adjustment to Rail Passenger Transportation Liability Cap Office of the Secretary of Transportation (OST), Department of Transportation (DOT). ACTION: Notice. AGENCY: This notice details the adjustment made to the rail passenger transportation liability cap under section 11415 of the Fixing America’s Surface Transportation (FAST) Act (December 7, 2015). As a result of the FAST Act, the rail passenger transportation liability cap is raised from $200,000,000 to $294,278,983. DATES: This adjustment will go into effect 30 days after the date of publication of this notice. FOR FURTHER INFORMATION CONTACT: For further information regarding this notice, please contact Stephanie Lawrence, Office of Policy and Planning, Federal Railroad SUMMARY: Administration, 1200 New Jersey Avenue SE., Mail Stop 20, Washington, DC 20590; Email: stephanie.lawrence@ dot.gov; Phone: (202) 493–1376; Fax: (202) 493–6333. SUPPLEMENTARY INFORMATION: Notice: The Department of Transportation is publishing the inflation adjusted index factors for the rail passenger transportation liability cap under 49 U.S.C. 28103(a)(2), as directed by section 11415 of the FAST Act. The index methodology ensures that the allowable awards to all rail passengers, against all defendants, for all claims, including claims for punitive damages, arising from a single accident or incident is based on current dollars and is adjusted for inflation from the $200,000,000 cap that went into effect on December 2, 1997. Under the FAST Act, the index is adjusted to the date of enactment of the FAST Act using the Bureau of Labor Statistics (BLS) Consumer Price IndexAll Urban Consumers. The index is based on the month of the original liability cap and the last full month prior to the enactment of the FAST Act on December 7, 2015 (December 1997 to November 2015, the last available month of the monthly index). Thereafter, the FAST Act directs the Secretary to update the liability cap every fifth year after the date of the FAST Act’s enactment. The table below shows the Index and inflator FRA used to calculate an inflation adjusted amount of $294,278,983. PASSENGER LIABILITY CAP INFLATION ADJUSTED INDEX AND INFLATION FACTOR Month Index December 1997 ........................................................................................................................... November 2015 ........................................................................................................................... The adjustment of the rail passenger transportation liability cap to $294,278,983 shall be effective 30 days after the date of publication of this notice. Anthony R. Foxx, Secretary of Transportation. [FR Doc. 2016–301 Filed 1–8–16; 8:45 am] mstockstill on DSK4VPTVN1PROD with NOTICES DEPARTMENT OF THE TREASURY Departmental Offices; Interest Rate Paid on Cash Deposited to Secure U.S. Immigration and Customs; Enforcement Immigration Bonds Departmental Offices, Treasury. VerDate Sep<11>2014 18:17 Jan 08, 2016 Notice. Jkt 238001 For the period beginning January 1, 2016, and ending on March 31, 2016, the U.S. Immigration and Customs Enforcement Immigration Bond interest rate is 0.14 per centum per annum. Comments or inquiries may be mailed to Sam Doak, Reporting Team Leader, Federal Borrowings Branch, Division of Accounting Operations, Office of Public Debt Accounting, Bureau of the Fiscal Service, Parkersburg, West Virginia, 26106–1328. You can download this notice at the following Internet addresses: https:// www.treasury.gov or https:// www.federalregister.gov. Frm 00127 Fmt 4703 $200,000,000 294,278,983 Effective January 1, 2016 to March 31, 2016. SUMMARY: PO 00000 1.00 1.47 Liability cap DATES: ADDRESSES: BILLING CODE 4910–06–P AGENCY: ACTION: 161.30 237.34 Inflator Sfmt 4703 FOR FURTHER INFORMATION CONTACT: Adam Charlton, Manager, Federal Borrowings Branch, Office of Public Debt Accounting, Bureau of the Fiscal Service, Parkersburg, West Virginia, 26106–1328, (304) 480–5248; Sam Doak, Reporting Team Leader, Federal Borrowings Branch, Division of Accounting Operations, Office of Public Debt Accounting, Bureau of the Fiscal Service, Parkersburg, West Virginia, 26106–1328, (304) 480–5117. Federal law requires that interest payments on cash deposited to secure immigration bonds shall be ‘‘at a rate determined by the Secretary of the Treasury, except SUPPLEMENTARY INFORMATION: E:\FR\FM\11JAN1.SGM 11JAN1 1290 Federal Register / Vol. 81, No. 6 / Monday, January 11, 2016 / Notices mstockstill on DSK4VPTVN1PROD with NOTICES that in no case shall the interest rate exceed 3 per centum per annum.’’ 8 U.S.C. 1363(a). Related Federal regulations state that ‘‘Interest on cash deposited to secure immigration bonds will be at the rate as determined by the Secretary of the Treasury, but in no case will exceed 3 per centum per annum or be less than zero.’’ 8 CFR 293.2. VerDate Sep<11>2014 18:17 Jan 08, 2016 Jkt 238001 Treasury has determined that interest on the bonds will vary quarterly and will accrue during each calendar quarter at a rate equal to the lesser of the average of the bond equivalent rates on 91-day Treasury bills auctioned during the preceding calendar quarter, or 3 per centum per annum, but in no case less than zero. [FR Doc. 2015–18545] In PO 00000 Frm 00128 Fmt 4703 Sfmt 9990 addition to this Notice, Treasury posts the current quarterly rate in Table 2b— Interest Rates for Specific Legislation on the TreasuryDirect Web site. Gary Grippo, Deputy Assistant Secretary for Public Finance. [FR Doc. 2016–291 Filed 1–8–16; 8:45 am] BILLING CODE 4810–25–P E:\FR\FM\11JAN1.SGM 11JAN1

Agencies

[Federal Register Volume 81, Number 6 (Monday, January 11, 2016)]
[Notices]
[Pages 1289-1290]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-291]


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DEPARTMENT OF THE TREASURY


Departmental Offices; Interest Rate Paid on Cash Deposited to 
Secure U.S. Immigration and Customs; Enforcement Immigration Bonds

AGENCY: Departmental Offices, Treasury.

ACTION: Notice.

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SUMMARY: For the period beginning January 1, 2016, and ending on March 
31, 2016, the U.S. Immigration and Customs Enforcement Immigration Bond 
interest rate is 0.14 per centum per annum.

ADDRESSES: Comments or inquiries may be mailed to Sam Doak, Reporting 
Team Leader, Federal Borrowings Branch, Division of Accounting 
Operations, Office of Public Debt Accounting, Bureau of the Fiscal 
Service, Parkersburg, West Virginia, 26106-1328. You can download this 
notice at the following Internet addresses: https://www.treasury.gov or 
https://www.federalregister.gov.

DATES: Effective January 1, 2016 to March 31, 2016.

FOR FURTHER INFORMATION CONTACT: Adam Charlton, Manager, Federal 
Borrowings Branch, Office of Public Debt Accounting, Bureau of the 
Fiscal Service, Parkersburg, West Virginia, 26106-1328, (304) 480-5248; 
Sam Doak, Reporting Team Leader, Federal Borrowings Branch, Division of 
Accounting Operations, Office of Public Debt Accounting, Bureau of the 
Fiscal Service, Parkersburg, West Virginia, 26106-1328, (304) 480-5117.

SUPPLEMENTARY INFORMATION: Federal law requires that interest payments 
on cash deposited to secure immigration bonds shall be ``at a rate 
determined by the Secretary of the Treasury, except

[[Page 1290]]

that in no case shall the interest rate exceed 3 per centum per 
annum.'' 8 U.S.C. 1363(a). Related Federal regulations state that 
``Interest on cash deposited to secure immigration bonds will be at the 
rate as determined by the Secretary of the Treasury, but in no case 
will exceed 3 per centum per annum or be less than zero.'' 8 CFR 293.2. 
Treasury has determined that interest on the bonds will vary quarterly 
and will accrue during each calendar quarter at a rate equal to the 
lesser of the average of the bond equivalent rates on 91-day Treasury 
bills auctioned during the preceding calendar quarter, or 3 per centum 
per annum, but in no case less than zero. [FR Doc. 2015-18545] In 
addition to this Notice, Treasury posts the current quarterly rate in 
Table 2b--Interest Rates for Specific Legislation on the TreasuryDirect 
Web site.

Gary Grippo,
Deputy Assistant Secretary for Public Finance.
[FR Doc. 2016-291 Filed 1-8-16; 8:45 am]
 BILLING CODE 4810-25-P
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