Annual Meeting of the Regional Small Business Regulatory Fairness Boards Office of the National Ombudsman, 18679-18680 [2016-07312]

Download as PDF mstockstill on DSK4VPTVN1PROD with NOTICES Federal Register / Vol. 81, No. 62 / Thursday, March 31, 2016 / Notices accordance with the standing instructions of the portfolio managers or such remaining amounts will be invested directly by the portfolio managers of the Funds. 13. The Interfund Lending Committee will monitor the Interfund Loan Rate and the other terms and conditions of the Interfund Loans and will make a quarterly report to the Trustees of each Fund concerning the participation of the Funds in the proposed credit facility and the terms and other conditions of any extensions of credit under the credit facility. 14. The Trustees of each Fund, including a majority of the Independent Trustees, will: (a) Review, no less frequently than quarterly, the Fund’s participation in the proposed credit facility during the preceding quarter for compliance with the conditions of any order permitting such transactions; (b) establish the Bank Loan Rate formula used to determine the interest rate on Interfund Loans and review, no less frequently than annually, the continuing appropriateness of the Bank Loan Rate formula; and (c) review, no less frequently than annually, the continuing appropriateness of the Fund’s participation in the proposed credit facility. 15. If an Interfund Loan is not paid according to its terms and such default is not cured within two business days from its maturity or from the time the lending Fund makes a demand for payment under the provisions of the Interfund Lending Agreement, the Adviser will promptly refer such loan for arbitration to an independent arbitrator selected by the Trustees of each Fund involved in the loan who will serve as arbitrator of disputes concerning Interfund Loans.2 The arbitrator will resolve any problem promptly, and the arbitrator’s decision will be binding on both Funds. The arbitrator will submit, at least annually, a written report to the Trustees setting forth a description of the nature of any dispute and the actions taken by the Funds to resolve the dispute. 16. Each Fund will maintain and preserve for a period of not less than six years from the end of the fiscal year in which any transaction by it under the proposed credit facility occurred, the first two years in an easily accessible place, written records of all such transactions setting forth a description 2 If the dispute involves Funds with different Trustees, the respective Trustees of each Fund will select an independent arbitrator that is satisfactory to each Fund. VerDate Sep<11>2014 19:09 Mar 30, 2016 Jkt 238001 of the terms of the transactions by the Fund, including the amount, the maturity and the Interfund Loan Rate, the rate of interest available at the time each Interfund Loan is made on overnight repurchase agreements and commercial bank borrowings, the yield of any money market fund in which the lending Fund could otherwise invest, and such other information presented to the Fund Trustees in connection with the review required by conditions 13 and 14. 17. The relevant Adviser will prepare and submit to the Trustees for review an initial report describing the operations of the proposed credit facility and the procedures to be implemented to ensure that all Funds are treated fairly. After the commencement of the proposed credit facility, the relevant Adviser will report on the operations of the proposed credit facility at each of the Trustees’ quarterly meetings. Each Fund’s chief compliance officer, as defined in rule 38a–1(a)(4) under the Act, shall prepare an annual report for its Trustees each year that the Fund participates in the proposed credit facility, that evaluates the Fund’s compliance with the terms and conditions of the application and the procedures established to achieve such compliance. Each Fund’s chief compliance officer will also annually file a certification pursuant to Item 77Q3 of Form N–SAR as such Form may be revised, amended or superseded from time to time, for each year that the Fund participates in the proposed credit facility, that certifies that the Fund and its Adviser have established procedures reasonably designed to achieve compliance with the terms and conditions of the order. In particular, such certification will address procedures designed to achieve the following objectives: (a) That the Interfund Loan Rate will be higher than the Repo Rate and, if applicable, the yield of the money market funds, but lower than the Bank Loan Rate; (b) compliance with the collateral requirements as set forth in the application; (c) compliance with the percentage limitations on interfund borrowing and lending; (d) allocation of interfund borrowing and lending demand in an equitable manner and in accordance with procedures established by the Trustees; and (e) that the Interfund Loan Rate does not exceed the interest rate on any third party borrowings of a borrowing Fund at the time of the Interfund Loan. PO 00000 Frm 00116 Fmt 4703 Sfmt 4703 18679 Additionally, each Fund’s independent public accountants, in connection with their audit examination of the Fund, will review the operation of the proposed credit facility for compliance with the conditions of the application and their review will form the basis, in part, of the auditor’s report on internal accounting controls in Form N–SAR. 18. No Fund will participate in the proposed credit facility upon receipt of requisite regulatory approval unless it has fully disclosed in its prospectus and/or statement of additional information all material facts about its intended participation. For the Commission, by the Division of Investment Management, under delegated authority. Brent J. Fields, Secretary. [FR Doc. 2016–07193 Filed 3–30–16; 8:45 am] BILLING CODE 8011–01–P 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 2.25 percent for the April– June quarter of FY 2016. 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. Dianna L. Seaborn, Acting Director, Office of Financial Assistance. [FR Doc. 2016–07313 Filed 3–30–16; 8:45 am] BILLING CODE P SMALL BUSINESS ADMINISTRATION Annual Meeting of the Regional Small Business Regulatory Fairness Boards Office of the National Ombudsman U.S. Small Business Administration (SBA). AGENCY: E:\FR\FM\31MRN1.SGM 31MRN1 18680 Federal Register / Vol. 81, No. 62 / Thursday, March 31, 2016 / Notices Notice of open meeting of the Regional Small Business Regulatory Fairness Boards. ACTION: The SBA, Office of the National Ombudsman is issuing this notice to announce the location, date, time and agenda for the annual board meeting of the ten Regional Small Business Regulatory Fairness Boards. The meeting is open to the public. DATES: The meeting will be held on: Tuesday, April 5, 2016 from 9:00 a.m. to 5:00 p.m. EDT and Wednesday, April 6, 2016 from 9:00 a.m. to 1:00 p.m. EDT. ADDRESSES: The meeting will be at the DoubleTree by Hilton, 1515 Rhode Island Avenue NW., State Room, lobby level, Washington, DC 20005–5595. SUPPLEMENTARY INFORMATION: Pursuant to the Small Business Regulatory Enforcement Fairness Act (Pub. L. 104– 121), section 222, SBA announces the meeting of the Regional Small Business Regulatory Fairness Boards (Regional Regulatory Fairness Boards). The Regional Regulatory Fairness Boards are tasked to advise the National Ombudsman on matters of concern to small businesses relating to enforcement activities of agencies and to report on substantiated instances of excessive enforcement actions against small business concerns, including any findings or recommendations of the Board as to agency enforcement practice or policy. The purpose of the meeting is to discuss the following topics related to the Regional Regulatory Fairness Boards: —Introduction of the Regional Regulatory Fairness Boards and the staff of the Office of the National Ombudsman —Panel Discussion with Federal Agency Representatives —Facilitated discussion of ongoing regulatory issues for small business —FY2015 Outcomes and comments regarding the Annual Report to Congress —Office of Advocacy regulatory review —SBA update and future outreach planning FOR FURTHER INFORMATION CONTACT: The meeting is open to the public; however advance notice of attendance is requested. Anyone wishing to attend and/or make a presentation to the Regulatory Fairness Boards must contact Elahe Zahirieh, Case Management Specialist, by March 31, 2016, in writing at the Office of the National Ombudsman, 409 3rd Street SW., Suite 330, Washington, DC 20416, by phone (202) 205–2417, by fax (202) 481–5719 or email ombudsman@sba.gov. mstockstill on DSK4VPTVN1PROD with NOTICES SUMMARY: VerDate Sep<11>2014 19:09 Mar 30, 2016 Jkt 238001 Additionally, if you need accommodations because of a disability, translation services, or require additional information, please contact Elahe Zahirieh as well. For more information on the Office of the National Ombudsman, please visit our Web site at www.sba.gov/ ombudsman. Dated: March 25, 2016. Miguel J. L’Heureux, SBA Committee Management Officer. [FR Doc. 2016–07312 Filed 3–30–16; 8:45 am] BILLING CODE 8025–01–P DEPARTMENT OF STATE [Public Notice: 9505] 30-Day Notice of Proposed Information Collection: Application for Employment as a Locally Employed Staff or Family Member Notice of request for public comment and submission to OMB of proposed collection of information. ACTION: The Department of State has submitted the information collection described below to the Office of Management and Budget (OMB) for approval. In accordance with the Paperwork Reduction Act of 1995 we are requesting comments on this collection from all interested individuals and organizations. The purpose of this Notice is to allow 30 days for public comment. DATES: Submit comments directly to the Office of Management and Budget (OMB) up to May 2, 2016. ADDRESSES: Direct comments to the Department of State Desk Officer in the Office of Information and Regulatory Affairs at the Office of Management and Budget (OMB). You may submit comments by the following methods: • Email: oira_submission@omb.eop.gov. You must include the DS form number, information collection title, and the OMB control number in the subject line of your message. • Fax: 202–395–5806. Attention: Desk Officer for Department of State. FOR FURTHER INFORMATION CONTACT: Direct requests for additional information regarding the collection listed in this notice, including requests for copies of the proposed collection instrument and supporting documents, to Caroline Cole, Bureau of Human Resources, Office of Overseas Employment, U.S. Department of State, Washington, DC 20006, who may be reached on 202–663–2696 or at ColeCM@state.gov. SUMMARY: PO 00000 Frm 00117 Fmt 4703 Sfmt 4703 SUPPLEMENTARY INFORMATION: • Title of Information Collection: Application for Employment as a Locally Employed Staff or Family Member. • OMB Control Number: 1405–0189. • Type of Request: Revision of a Currently Approved Collection. • Originating Office: Bureau of Human Resources, Office of Overseas Employment (HR/OE). • Form Number: DS–0174. • Respondents: Candidates seeking employment at U.S. Missions abroad, including family members of Foreign Service, Civil Service, and uniformed service members officially assigned to the Mission and under Chief of Mission authority. • Estimated Number of Respondents: 40,000. • Estimated Number of Responses: 40,000. • Average Time per Response: 1 hour. • Total Estimated Burden Time: 40,000 hours. • Frequency: On Occasion. • Obligation to Respond: Required to Obtain a Benefit. We are soliciting public comments to permit the Department to: • Evaluate whether the proposed information collection is necessary for the proper functions of the Department. • Evaluate the accuracy of our estimate of the time and cost burden for this proposed collection, including the validity of the methodology and assumptions used. • Enhance the quality, utility, and clarity of the information to be collected. • Minimize the reporting burden on those who are to respond, including the use of automated collection techniques or other forms of information technology. Please note that comments submitted in response to this Notice are public record. Before including any detailed personal information, you should be aware that your comments as submitted, including your personal information, will be available for public review. Abstract of Proposed Collection The DS–0174, Application for Employment as a Locally Employed Staff or Family Member, is needed to meet information collection requirements for recruitments conducted at approximately 170 U.S. embassies and consulates throughout the world. Current employment application forms do not meet the unique requirements of Mission recruitment (e.g., language skills and hiring preferences) under the FS Act of 1980 and 22 U.S.C. 2669(c). The DS– E:\FR\FM\31MRN1.SGM 31MRN1

Agencies

SMALL BUSINESS ADMINISTRATION

[Federal Register Volume 81, Number 62 (Thursday, March 31, 2016)]
[Notices]
[Pages 18679-18680]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-07312]


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SMALL BUSINESS ADMINISTRATION


Annual Meeting of the Regional Small Business Regulatory Fairness 
Boards Office of the National Ombudsman

AGENCY: U.S. Small Business Administration (SBA).

[[Page 18680]]


ACTION: Notice of open meeting of the Regional Small Business 
Regulatory Fairness Boards.

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SUMMARY: The SBA, Office of the National Ombudsman is issuing this 
notice to announce the location, date, time and agenda for the annual 
board meeting of the ten Regional Small Business Regulatory Fairness 
Boards. The meeting is open to the public.

DATES: The meeting will be held on: Tuesday, April 5, 2016 from 9:00 
a.m. to 5:00 p.m. EDT and Wednesday, April 6, 2016 from 9:00 a.m. to 
1:00 p.m. EDT.

ADDRESSES: The meeting will be at the DoubleTree by Hilton, 1515 Rhode 
Island Avenue NW., State Room, lobby level, Washington, DC 20005-5595.

SUPPLEMENTARY INFORMATION: Pursuant to the Small Business Regulatory 
Enforcement Fairness Act (Pub. L. 104-121), section 222, SBA announces 
the meeting of the Regional Small Business Regulatory Fairness Boards 
(Regional Regulatory Fairness Boards). The Regional Regulatory Fairness 
Boards are tasked to advise the National Ombudsman on matters of 
concern to small businesses relating to enforcement activities of 
agencies and to report on substantiated instances of excessive 
enforcement actions against small business concerns, including any 
findings or recommendations of the Board as to agency enforcement 
practice or policy.
    The purpose of the meeting is to discuss the following topics 
related to the Regional Regulatory Fairness Boards:

--Introduction of the Regional Regulatory Fairness Boards and the staff 
of the Office of the National Ombudsman
--Panel Discussion with Federal Agency Representatives
--Facilitated discussion of ongoing regulatory issues for small 
business
--FY2015 Outcomes and comments regarding the Annual Report to Congress
--Office of Advocacy regulatory review
--SBA update and future outreach planning

FOR FURTHER INFORMATION CONTACT: The meeting is open to the public; 
however advance notice of attendance is requested. Anyone wishing to 
attend and/or make a presentation to the Regulatory Fairness Boards 
must contact Elahe Zahirieh, Case Management Specialist, by March 31, 
2016, in writing at the Office of the National Ombudsman, 409 3rd 
Street SW., Suite 330, Washington, DC 20416, by phone (202) 205-2417, 
by fax (202) 481-5719 or email ombudsman@sba.gov.
    Additionally, if you need accommodations because of a disability, 
translation services, or require additional information, please contact 
Elahe Zahirieh as well.
    For more information on the Office of the National Ombudsman, 
please visit our Web site at www.sba.gov/ombudsman.

    Dated: March 25, 2016.
Miguel J. L'Heureux,
SBA Committee Management Officer.
[FR Doc. 2016-07312 Filed 3-30-16; 8:45 am]
 BILLING CODE 8025-01-P

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