Public Inquiry on Commission Report to the President and Congress, 23017-23021 [2016-09038]
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Federal Register / Vol. 81, No. 75 / Tuesday, April 19, 2016 / Notices
Week of May 9, 2016—Tentative
There are no meetings scheduled for
the week of May 9, 2016.
NUCLEAR REGULATORY
COMMISSION
Tuesday, May 17, 2016
Advisory Committee on Reactor
Safeguards (ACRS); Meeting of the
ACRS Subcommittee on Plant License
Renewal
9:00 a.m. Briefing on the Status of
Lessons Learned from the
Fukushima Dai-ichi Accident
(Public Meeting) (Contact: Kevin
Witt: 301–415–2145)
This meeting will be webcast live at
the Web address—https://www.nrc.gov/.
The ACRS Subcommittee on Plant
License Renewal will hold a meeting on
May 4, 2016, Room T–2B1, 11545
Rockville Pike, Rockville, Maryland.
The meeting will be open to public
attendance.
The agenda for the subject meeting
shall be as follows:
Thursday, May 19, 2016
Wednesday, May 4, 2016—1:00 p.m.
Until 5:00 p.m.
Week of May 16, 2016—Tentative
10:00 a.m. Briefing on Security Issues
(Closed Ex. 1)
1:30 p.m. Briefing on Security Issues
(Closed Ex. 1)
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Week of May 23, 2016—Tentative
There are no meetings scheduled for
the week of May 23, 2016.
The schedule for Commission
meetings is subject to change on short
notice. For more information or to verify
the status of meetings, contact Denise
McGovern at 301–415–0681 or via email
at Denise.McGovern@nrc.gov.
The NRC Commission Meeting
Schedule can be found on the Internet
at: https://www.nrc.gov/public-involve/
public-meetings/schedule.html.
The NRC provides reasonable
accommodation to individuals with
disabilities where appropriate. If you
need a reasonable accommodation to
participate in these public meetings, or
need this meeting notice or the
transcript or other information from the
public meetings in another format (e.g.
braille, large print), please notify
Kimberly Meyer, NRC Disability
Program Manager, at 301–287–0739, by
videophone at 240–428–3217, or by
email at Kimberly.Meyer-Chambers@
nrc.gov. Determinations on requests for
reasonable accommodation will be
made on a case-by-case basis.
Members of the public may request to
receive this information electronically.
If you would like to be added to the
distribution, please contact the Nuclear
Regulatory Commission, Office of the
Secretary, Washington, DC 20555 (301–
415–1969), or email
Brenda.Akstulewicz@nrc.gov or
Patricia.Jimenez@nrc.gov.
Dated: April 13, 2016.
Denise McGovern,
Policy Coordinator, Office of the Secretary.
[FR Doc. 2016–08954 Filed 4–14–16; 11:15 am]
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The Subcommittee will review the
Grand Gulf Nuclear Station, Unit 1,
License Renewal Application. The
Subcommittee will hear presentations
by and hold discussions with
representatives of the NRC staff, Entergy
Operations, Inc., and other interested
persons regarding this matter. The
Subcommittee will gather information,
analyze relevant issues and facts, and
formulate proposed positions and
actions, as appropriate, for deliberation
by the Full Committee.
Members of the public desiring to
provide oral statements and/or written
comments should notify the Designated
Federal Official (DFO), Kent Howard
(Telephone 301–415–2989 or Email:
Kent.Howard@nrc.gov) five days prior to
the meeting, if possible, so that
appropriate arrangements can be made.
Thirty-five hard copies of each
presentation or handout should be
provided to the DFO thirty minutes
before the meeting. In addition, one
electronic copy of each presentation
should be emailed to the DFO one day
before the meeting. If an electronic copy
cannot be provided within this
timeframe, presenters should provide
the DFO with a CD containing each
presentation at least thirty minutes
before the meeting. Electronic
recordings will be permitted only
during those portions of the meeting
that are open to the public. Detailed
procedures for the conduct of and
participation in ACRS meetings were
published in the Federal Register on
October 21, 2015 (80 FR 63846).
Detailed meeting agendas and meeting
transcripts are available on the NRC
Web site at https://www.nrc.gov/readingrm/doc-collections/acrs. Information
regarding topics to be discussed,
changes to the agenda, whether the
meeting has been canceled or
rescheduled, and the time allotted to
present oral statements can be obtained
from the Web site cited above or by
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contacting the identified DFO.
Moreover, in view of the possibility that
the schedule for ACRS meetings may be
adjusted by the Chairman as necessary
to facilitate the conduct of the meeting,
persons planning to attend should check
with these references if such
rescheduling would result in a major
inconvenience.
If attending this meeting, please enter
through the One White Flint North
Building, 11555 Rockville Pike,
Rockville, MD. After registering with
security, please contact Mr. Theron
Brown (Telephone 240–888–9835) to be
escorted to the meeting room.
Dated: April 6, 2016.
Mark L. Banks,
Chief, Technical Support Branch, Advisory
Committee on Reactor Safeguards.
[FR Doc. 2016–09094 Filed 4–18–16; 8:45 am]
BILLING CODE 7590–01–P
POSTAL REGULATORY COMMISSION
[Docket No. PI2016–3; Order No. 3238]
Public Inquiry on Commission Report
to the President and Congress
Postal Regulatory Commission.
Notice.
AGENCY:
ACTION:
The Commission is
establishing a public inquiry to receive
comments regarding the Commission’s
second report to the President and
Congress pursuant to section 701 of the
Postal Accountability and Enhancement
Act. This notice informs the public of
this proceeding, invites public
comment, and takes other
administrative steps.
DATES: Comments are due: June 14,
2016.
SUMMARY:
Submit comments
electronically via the Commission’s
Filing Online system at https://
www.prc.gov. Those who cannot submit
comments electronically should contact
the person identified in the FOR FURTHER
INFORMATION CONTACT section by
telephone for advice on filing
alternatives.
ADDRESSES:
FOR FURTHER INFORMATION CONTACT:
David A. Trissell, General Counsel, at
202–789–6820.
SUPPLEMENTARY INFORMATION:
I. Introduction
II. Legal Requirements and Background
III. Areas of Interest
IV. Conclusion
V. Ordering Paragraphs
I. Introduction
The Commission establishes Docket
No. PI2016–3 for the purpose of
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obtaining public comment on its second
report to the President and Congress
pursuant to section 701 of the Postal
Accountability and Enhancement Act of
2006.1
II. Legal Requirements and Background
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A. Statutory Requirements
Under the PAEA, the Commission is
required at least every 5 years to submit
a report to the President and Congress
concerning (1) the operation of the
amendments made by this Act; and (2)
recommendations for any legislation or
other measures necessary to improve the
effectiveness or efficiency of the postal
laws of the United States.
PAEA section 701(a). Before
submitting the ‘‘701 Report,’’ the
Commission must afford the Postal
Service a reasonable opportunity to
review the report and submit written
comments. PAEA section 701(b).
B. 2011 Report
In 2011, the Commission submitted
its first section 701 report.2 The 2011
Report focused on three main areas
involved with the implementation of the
PAEA: (1) The Postal Service’s financial
condition; (2) rate and service matters;
and (3) improvements to Commission
processes. 2011 Report at 1–2.
In its review of the Postal Service’s
financial condition, the Commission
recommended that Congress adjust the
Postal Service Retiree Health Benefit
Fund and suggested several alternative
payment options intended to alleviate
Postal Service liquidity issues. Id. at 21–
25. The 2011 Report also discussed the
Postal Service’s annual financial
reporting requirements and SarbanesOxley Act compliance, finding that the
PAEA requirements resulted in
improved transparency and greater cost
savings. Id. at 25–27.
The 2011 Report also included several
recommendations regarding rate and
service matters. First, the Commission
recommended that the PAEA be
amended to allow the Postal Service to
add new market dominant classes of
mail. Id. at 44. Second, the 2011 Report
recommended that if Congress chose to
allow the Postal Service to introduce
new nonpostal services, it should
include adequate safeguards to reduce
the potential for the introduction of
unprofitable products. Id. at 50. The
Commission suggested that new
nonpostal products be subject to review
1 Postal
Accountability and Enhancement Act
(PAEA), Public Law 109–435, 120 Stat. 3198 (2006),
section 701.
2 Postal Regulatory Commission, Section 701
Report, Analysis of the Postal Accountability and
Enhancement Act of 2006, September 22, 2011
(2011 Report).
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under 39 U.S.C. 404(e)(3), the same
regulatory review applied to
determining whether to ‘‘grandfather’’ a
nonpostal service. Id. Although the
Commission found that the PAEA
constraints on market tests were
effective and not unduly burdensome,
the 2011 Report included as its third
recommendation that Congress consider
raising the maximum revenue limitation
on experimental market test products to
further bolster Postal Service revenue
streams. Id. at 70. Fourth, the
Commission recommended that
Congress clarify the PAEA to require the
Postal Service to consult with the
Commission not only in establishing
service standards for market dominant
products, but also when seeking to
change existing service standards. Id. at
64–65. The Commission did not
recommend any changes to existing
procedures for price adjustments and
indicated that it had not vetted this
concept, stating that Congress should
consider allowing the Postal Service
increased pricing flexibility based on
improvements to quality of service. Id.
at 40. The Commission stated that
service quality pricing authority would
create ‘‘an incentive for the Postal
Service to increase the service
performance of its products.’’ Id.
Finally, the Commission made three
major recommendations aimed at
developing enhancements to improve
Commission processes. The first was a
recommendation that Congress require
the Postal Service to provide the
Commission regular reports on retail
network plans and activities. Id. at 77.
The second recommendation was to
clarify the scope of the Commission’s
appellate review of post office closings,
including a definition of ‘‘post office’’
that would encompass all Postal
Service-operated retail facilities. Id. at
77–78. The third recommendation was
that Congress consider providing
statutory language allowing the Postal
Service expedited consideration of
requests for advisory opinions by the
Commission.3
Since submitting its 2011 Report, the
Commission has benefitted from its
additional years of experience
implementing the provisions of the
PAEA. The Commission also recognizes
the value of input from public
stakeholders on matters concerning the
operation of the provisions of the PAEA
and ideas for legislative reform.
Accordingly, the Commission invites
3 Id. at 83–84. As noted below in section III.H, the
Commission amended its internal procedures for
considering requests for advisory opinions in 2014.
See Docket No. RM2012–4.
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public comment for consideration in
preparing the upcoming 701 Report.
III. Areas of Interest
The requirements of section 701 allow
the Commission significant discretion
when providing recommendations to
the President and Congress. The
Commission is thus empowered to
consider the PAEA amendment
generally, as well as provide any
appropriate recommendations related to
the operations of the amendment.
However, to assist the public in
focusing its comments and in
furtherance of the Commission’s
mission of enhancing transparency and
accountability of the Postal Service, the
Commission has identified several
topics that were either highlighted in
the 2011 Report and not yet resolved, or
the Commission has identified as
potential areas of interest. Interested
parties are invited to comment on any
of the issues listed below, as well as any
other pertinent areas related to the
operation of PAEA amendments.
A. Postal Service Financial Situation
Despite a slight improvement in its
liquidity from 2014, the Postal Service
continues to face significant financial
challenges ahead. In its initial 701
Report issued in 2011, the Commission
made several recommendations aimed
at strengthening the Postal Service’s
financial situation. 2011 Report at 2–3.
Subsequent to the 701 Report, the
Commission issued reports highlighting
the Postal Service’s continued financial
struggles.4 In its most recent review, the
Commission found fundamental balance
sheet issues with the Postal Service and
made several additional findings.5
In sum, while the Postal Service’s
cash position is at the highest level
since Fiscal Year (FY) 2007, significant
balance sheet liabilities and off-balance
sheet unfunded liabilities for pension
and annuitant health benefits threaten
the improvements in liquidity. See FY
2015 Financial Report at 3. In addition
to requesting comments tied to specific
parts of the PAEA as outlined below, the
Commission also welcomes any
comments or suggestions about
provisions of the PAEA that impact the
overall financial position of the Postal
Service as described above.
4 See, e.g., Postal Regulatory Commission,
Analysis of the United States Postal Service
Financial Results and 10–K Statement for Fiscal
Year 2014, Revised April 10, 2014.
5 Postal Regulatory Commission, Analysis of the
United States Postal Service Financial Results and
10–K Statement, March 29, 2016, at 3–4 (FY 2015
Financial Report).
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B. Market Dominant Rate System
Perhaps chief among the amendments
of the PAEA are the provisions on the
establishment of a modern system for
regulating rates and classes for market
dominant products. See 39 U.S.C. 3622.
Although this system is subject to a 10year review pursuant to 39 U.S.C.
3622(d)(3), the 701 Report also
contemplates reviewing this system.
The Commission promulgates
regulations with respect to this system
of regulating rates and classes for market
dominant products in accordance with
PAEA directives. See 39 CFR 3010.
Issues for consideration in the 701
Report might include: The financial
success of the ratemaking system;
challenges faced as a result of the
system; a review of rate adjustments;
mail classification; or compliance with
the Sarbanes-Oxley Act. Recent rate case
dockets include market dominant price
adjustments,6 as well as an exigent rate
adjustment.7 Given these dockets, the
Commission welcomes comments on
the effectiveness and challenges of the
current market dominant rate system
administered by the Commission.8
One potential area of interest
associated with the market dominant
rate system is worksharing. Workshare
discounts provide reduced rates for
mailers based on the costs avoided as a
result of the mailer performing an
activity that would otherwise be
performed by the Postal Service. Under
the PAEA, the Commission must review
workshare discounts to ensure that the
discounts do not exceed the Postal
Service’s avoided costs, subject to
limited exceptions. 39 U.S.C. 3622(e)(2).
Legally, workshare discounts are only
bound by this ceiling; the Postal Service
is not bound by this provision to
increase a workshare discount that is
less than avoided costs. A discussion of
noncompliant workshare discounts is
typically included in the Commission’s
Annual Compliance Determination
(ACD).9
The Commission welcomes comments
on the current operation of the
provisions regarding workshare
discounts, as well as insights on how
the discounts and exceptions have
functioned in practice.
C. Competitive Rate System
The PAEA also tasks the Commission
with the regulation of rates for
6 See,
e.g., Docket Nos. R2016–2 and R2015–4.
Docket No. R2013–11.
8 For a discussion of negotiated service
agreements for both market dominant and
competitive products, see section III.D below.
9 See, e.g., Docket No. ACR2014, Annual
Compliance Determination, March 27, 2015, at 8–
32.
7 See
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competitive products. See 39 U.S.C.
3633. The Commission must ensure that
market dominant products do not
subsidize competitive products, that
each competitive product covers its
costs, and that competitive products
collectively cover an appropriate share
of institutional costs. Id. The current
appropriate share is a minimum of 5.5
percent of the Postal Service’s total
institutional costs. 39 CFR 3015.7(c).
The Commission uses this framework to
evaluate Postal Service requests for
changes in competitive product rates of
general applicability.10 In 2012, the
Commission conducted its first review
of the institutional costs contribution
requirement.11 See 39 U.S.C. 3633(b).
This review is to be conducted every 5
years. The Commission welcomes
comments on the statutory framework
for review of competitive product rates.
Section 703(a) of the PAEA required
the Federal Trade Commission (FTC) to
submit a comprehensive report
identifying federal and state laws that
apply differently to the Postal Service
with respect to competitive products.12
The Commission seeks comment on the
FTC Report’s findings, including those
regarding the postal and mailbox
monopolies and the competitive
products industry.
D. Negotiated Service Agreements
The Commission reviews negotiated
service agreements (NSAs) for both
competitive 13 and market dominant
products.14 NSAs for competitive
products make up the overwhelming
majority of all NSAs. The Commission
reviews competitive NSAs to ensure: (1)
That the competitive product is not
subsidized by market dominant
products; (2) that the NSA will cover its
attributable costs; and (3) that
competitive products as a whole cover
an appropriate share of institutional
costs. 39 U.S.C. 3633. The Commission
invites comments on the current legal
requirements for NSAs.
10 See, e.g., Docket No. CP2016–9, Order No.
2814, Order Approving Changes in Rates of General
Applicability for Competitive Products, November
13, 2014.
11 See Docket No. RM2012–3, Order No. 1449,
Order Reviewing Competitive Products’
Appropriate Share Contribution to Institutional
Costs, August 23, 2012.
12 Federal Trade Commission, Accounting for
Laws that Apply Differently to the United States
Postal Service and Its Private Competitors: A Report
by the Federal Trade Commission, December 2007
(FTC Report) (available at https://www.ftc.gov/
reports/accounting-laws-apply-differently-unitedstates-postal-service-its-private-competitors).
13 See 39 CFR 3015.5.
14 See 39 CFR 3010.40.
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E. Post Office Closing/Consolidation
Procedures
The Commission anticipates that its
701 Report will include a discussion of
the procedures for appeals of Postal
Service determinations to close or
consolidate post offices. Under the
PAEA, the Postal Service must consider,
prior to closing or consolidating a post
office, the effect on the community, the
effect on its employees, economic
savings, and consistency with a policy
aimed toward providing a maximum
degree of service to rural areas and
communities. 39 U.S.C. 404(d)(2). When
considering a timely appeal, the
Commission is required to set aside
Postal Service determinations found to
be arbitrary or capricious, without
observance of procedure required by
law, or unsupported by evidence on the
record. 39 U.S.C. 404(d)(5). The
Commission’s rules governing these
appeals are located at 39 CFR part 3025.
Docket No. PI2016–2 is a pending
Commission proceeding concerning the
scope of the Commission’s authority to
review certain Postal Service
determinations of closings and
consolidations. At issue is whether a
relocation or rearrangement of postal
services is subject to Commission
review. Also at issue is whether the
Commission has authority to review the
closing of contract postal units.
The Commission welcomes comments
on the scope of the Commission’s
authority to review Postal Service
determinations under the framework
and procedures set forth in the PAEA
for appeals of post office closings and
consolidations.
F. Service Standards
The PAEA required that the Postal
Service, in consultation with the
Commission, establish service standards
for market dominant products. 39 U.S.C.
3691(a). These standards and
procedures are located at 39 CFR part
3055. The regulations outline the annual
and periodic reporting of service
performance achievements for each
market dominant product. An
assessment of service performance
results for FY 2015 is included in the
Commission’s latest ACD.15
A public inquiry docket pertaining to
improvements to service performance
measurement data is currently pending
before the Commission.16 The
Commission recently updated its Web
15 Docket No. ACR2015, Annual Compliance
Determination, March 28, 2016, at 94–146.
16 Docket No. PI2016–1, Order No. 2791, Notice
Establishing Docket Concerning Service
Performance Measurement Data, October 29, 2015.
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site 17 to provide service performance
information to the public in a more
readily accessible format. All service
performance-related reports and dockets
are available under a tab titled ‘‘Reports/
Data Service Reports.’’ The Commission
urges commenters to review background
information on service standards and
performance and welcomes comments
on issues not already raised in Docket
No. PI2016–1.
G. Nonpostal Services
The PAEA revoked the Postal
Service’s authority to offer new
nonpostal services. See 39 U.S.C.
404(e)(2). The Commission reviewed the
Postal Service’s existing nonpostal
services and designated them market
dominant, competitive, or experimental
products, in accordance with 39 U.S.C.
404(e)(5). Currently, the Postal Service
offers two market dominant nonpostal
services and nine competitive nonpostal
products.18 The Commission welcomes
comments on issues related to nonpostal
services, particularly, whether the
Postal Service should be permitted to
offer them in the future and, if so,
whether and how the Commission
should review new nonpostal services.
I. Advisory Opinion Process
The PAEA updated the guidelines for
the Postal Service to utilize a separate
Treasury fund to be made available for
payment of costs attributable and
allocable to competitive products, and
for deposits of revenues and other
receipts from competitive products (the
Postal Service Competitive Products
Fund, hereinafter ‘‘Competitive
Products Fund’’). 39 U.S.C. 2011(a)(b).
The Competitive Products Fund is
intended to operate separately from the
Postal Service Fund (Postal Fund). See
39 U.S.C. 2003. The Postal Service
provides an annual report to the
Secretary of the Treasury concerning the
operation of the Competitive Products
Fund. 39 U.S.C. 2011(h)(2)(D)(i).
Reporting material is also filed with the
Commission each year in the ACD. The
Competitive Products Fund reporting
information for FY 2015 is available on
the Commission’s Web site.19 The
Commission invites comments on the
operation of the Postal Fund and
Competitive Products Fund to the extent
Section 3661 of title 39 requires the
Postal Service to seek an advisory
opinion from the Commission whenever
it determines that there should be a
change in the nature of postal services
which will generally affect service on a
nationwide basis. In 2014, the
Commission revised its rules of
procedure for these advisory opinion
requests, referred to as ‘‘N-cases.’’ 21 The
primary objective of the adoption of the
Commission’s new procedural rules was
‘‘to establish a procedural framework in
which advisory opinions could be
issued within 90 days of the filing of a
Postal Service request.’’ Order No. 2080
at 6. The PAEA requires ‘‘an
opportunity for hearing on the record
under sections 556 and 557 of title 5’’
before the Commission issues an
opinion. 39 U.S.C. 3661(c). Given this
requirement, the revised rules preserve
the opportunity for participants to
request a formal hearing on Postal
Service proposals.
Since the adoption of the new N-case
procedural rules, the Postal Service has
filed no request for an advisory opinion
on the nature of postal services.
Nevertheless, the Commission
welcomes comments on the advisory
opinion process, including the
advisability of preserving the
opportunity for a hearing on the record
in the PAEA.
17 The Commission’s Web site is available at
https://www.prc.gov.
18 Mail Classification Schedule, sections 1700.2
and 2700.2.
19 Docket No. ACR2015, Library Reference USPS–
FY15–39, December 29, 2015.
20 39 CFR 3060.42; see Docket No. T2016–1 and
Docket No. T2015–1.
21 Docket No. RM2012–4, Order Adopting
Amended Rules of Procedure for Nature of Service
Proceedings Under 39 U.S.C. 3661, May 20, 2014
(Order No. 2080).
H. The Postal Service Fund and the
Postal Service Competitive Products
Fund
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they are not duplicative of matters
raised within Docket No. RM2016–2.
The Commission also reviews the
Postal Service’s annual calculation of
the assumed Federal income tax on
competitive products income pursuant
to 39 U.S.C. 3634.20 The Commission’s
regulations require that the Postal
Service develop a Competitive Products
Income Statement for each fiscal year.
39 CFR 3060.21. The Commission
reviews the calculation for compliance
with Chapter 1 of the Internal Revenue
Code. If the assumed taxable income
from competitive products in a fiscal
year is positive, the Postal Service must
transfer the assumed Federal income tax
amount to the Postal Service Fund no
later than January 15 of the following
fiscal year. 39 CFR 3060.43(b). The
Commission invites comments on the
effectiveness of the requirements for the
annual computation of the assumed
Federal income tax on competitive
products income.
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J. Market Tests
The PAEA grants the Postal Service
authority to conduct market tests of
experimental products. 39 U.S.C.
3641(a). The Commission reviews
market tests to ensure that: (1) The
product is significantly different than all
products offered by the Postal Service
within the prior 2 years; (2) the product
will not create an unfair competitive
advantage for the Postal Service or any
mailer; and (3) the Postal Service
identifies the product as either market
dominant or competitive. 39 U.S.C.
3641(b). The Commission also ensures
compliance with the rules set forth at 39
CFR 3035. All notices of market tests
must include a data collection plan
including revenue, attributable costs,
and volumes, but the Commission may
request additional data as it deems
appropriate. 39 CFR 3035.3. Market tests
may not exceed 24 months in duration,
although the Postal Service may request
an extension of no more than 12
months. 39 CFR 3035.10. Total
anticipated revenues for a market test
must not exceed $10 million in any
fiscal year, as adjusted for the change in
the Consumer Price Index. 39 CFR
3035.15.
The last notice of a market test was
authorized by the Commission on
October 23, 2014.22 The experimental
product, Customized Delivery, was
approved while a request for an
exemption from the $10 million
limitation was denied as premature. The
Commission welcomes comments on
the procedures for review of Postal
Service notices of market tests of
experimental products.
K. Universal Service Obligation and the
Postal Monopoly
The Commission’s report is required
to include any recommended changes to
the universal service obligation (USO)
and the postal monopoly. PAEA section
702(b)(1). The Commission must
include the perceived effects of the
recommended changes, as well as the
costs and benefits of the postal
monopoly under current law. PAEA
section 702(b)(2).
Each year, the Commission includes a
discussion of costs of the USO and the
value of the postal monopoly in the
Annual Report to the President and
Congress. For the most recent estimates,
please refer to the Annual Report for FY
2015.23
22 Docket No. MT2014–1, Order No. 2224, Order
Authorizing Customized Delivery Market Test,
October 23, 2014.
23 Postal Regulatory Commission, Annual Report
to the President and Congress, Fiscal Year 2015,
January 6, 2016.
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In 2008, pursuant to PAEA section
702(a), the Commission issued an indepth report on universal postal service
and the postal monopoly.24 The USO
Report reviews the historical
development of the USO and postal
monopoly, universal service and
monopoly laws of other countries,
economic considerations, needs and
expectations of the United States public,
policy options, and Commission
recommendations. The Commission
invites comments and recommendations
regarding the USO and the postal
monopoly.
L. Requirement of a Public
Representative
The Commission must designate a
public representative in all proceedings
on a case-by-case basis. See 39 U.S.C.
505; 39 CFR 3002.14. The public
representative serves the interest of the
general public in these proceedings, and
is subject to ex parte communication
restrictions with the Commission for
those proceedings. The Commission
welcomes comments on the utility of
the public representative in Commission
proceedings, and any improvements the
Commission should consider to improve
the public representative program.
M. Requirement of Commission
Inspector General
The Commission’s Office of the
Inspector General has duties related to
the oversight of Commission programs
and operations. See 39 CFR 3002.16.
The Inspector General reports to
Congress and the Commission on a biannual basis its activities related to
audits, inspections, and other
evaluations.25 The Commission
welcomes comment on the Office of the
Inspector General, and any perspectives
on the cost benefit or effectiveness of
the office.
IV. Conclusion
mstockstill on DSK4VPTVN1PROD with NOTICES
The Commission invites public
comment on the issues noted above, and
on any other issues of interest related to
the operation of the amendments of the
PAEA. Comments shall be submitted no
later than June 14, 2016.
The Commission appoints Richard A.
Oliver to serve as Public Representative
in this docket.
24 Postal Regulatory Commission, Report of
Universal Postal Service and the Postal Monopoly,
December 19, 2008 (USO Report) (available at
https://www.prc.gov/prc-reports).
25 See Postal Regulatory Commission Office of
Inspector General, Semiannual Report to Congress,
April 1, 2015 through September 30, 2015
(available at https://www.prc.gov/sites/default/files/
oig-reports/SARC2015-2.pdf).
VerDate Sep<11>2014
18:02 Apr 18, 2016
Jkt 238001
V. Ordering Paragraphs
It is ordered:
1. The Commission establishes Docket
No. PI2016–3 and invites public
comments on the operation of the
amendments of the Postal
Accountability and Enhancement Act.
2. Comments are due no later than
June 14, 2016.
3. Pursuant to 39 U.S.C. 505, Richard
A. Oliver is appointed to serve as an
officer of the Commission to represent
the interests of the general public in this
proceeding (Public Representative).
4. The Secretary shall arrange for
publication of this order in the Federal
Register.
By the Commission.
Stacy L. Ruble,
Secretary.
[FR Doc. 2016–09038 Filed 4–18–16; 8:45 am]
BILLING CODE 7710–FW–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–77600; File No. SR–
BatsBYX–2016–04]
Self-Regulatory Organizations; Bats
BYX Exchange, Inc.; Notice of Filing
and Immediate Effectiveness of a
Proposed Rule Change To Amend the
Certificate of Incorporation of the
Exchange’s Ultimate Parent Company,
Bats Global Markets, Inc.
April 13, 2016.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934 (the
‘‘Act’’),1 and Rule 19b–4 thereunder,2
notice is hereby given that on April 8,
2016, Bats BYX Exchange, Inc. (the
‘‘Exchange’’ or ‘‘BYX’’) filed with the
Securities and Exchange Commission
(‘‘Commission’’) the proposed rule
change as described in Items I and II
below, which Items have been prepared
by the Exchange. The Exchange has
designated this proposal as a ‘‘noncontroversial’’ proposed rule change
pursuant to Section 19(b)(3)(A) of the
Act 3 and Rule 19b–4(f)(6)(iii)
thereunder,4 which renders it effective
upon filing with the Commission. The
Commission is publishing this notice to
solicit comments on the proposed rule
change from interested persons.
1 15
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 15 U.S.C. 78s(b)(3)(A).
4 17 CFR 240.19b–4(f)(6)(iii).
2 17
PO 00000
Frm 00058
Fmt 4703
Sfmt 4703
23021
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The Exchange filed a proposal to
amend the certificate of incorporation of
the Exchange’s ultimate parent
company, Bats Global Markets, Inc. (the
‘‘Corporation’’).
The text of the proposed rule change
is available at the Exchange’s Web site
at www.batstrading.com, at the
principal office of the Exchange, and at
the Commission’s Public Reference
Room.
II. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
In its filing with the Commission, the
Exchange included statements
concerning the purpose of and basis for
the proposed rule change and discussed
any comments it received on the
proposed rule change. The text of these
statements may be examined at the
places specified in Item IV below. The
Exchange has prepared summaries, set
forth in Sections A, B, and C below, of
the most significant parts of such
statements.
(A) Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
1. Purpose
On December 16, 2015, the
Corporation, the ultimate parent entity
of the Exchange, filed a registration
statement on Form S–1 with the
Commission seeking to register shares of
common stock and to conduct an initial
public offering of those shares, which
will be listed for trading on the
Exchange (the ‘‘IPO’’). In connection
with its IPO, the Corporation intends to
amend and restate its certificate of
incorporation (the ‘‘New Certificate of
Incorporation’’). The Exchange
previously received Commission
approval of certain substantive
amendments to the certificate of
incorporation of the Corporation that
comprise changes included in the New
Certificate of Incorporation.5 Since that
date, the Corporation has determined it
to be necessary to further amend its
certificate of incorporation to achieve
the final, pre-IPO version of the New
Certificate of Incorporation. The
additional amendments will be
achieved through the filing with the
State of Delaware of a certificate of
5 See Securities Exchange Act Release No. 77464
(March 29, 2016), 81 FR 19252 (April 1, 2016) (SR–
BATS–2016–010; SR–BYX–2016–02; SR–EDGX–
2016–04; SR–EDGA–2016–01).
E:\FR\FM\19APN1.SGM
19APN1
Agencies
[Federal Register Volume 81, Number 75 (Tuesday, April 19, 2016)]
[Notices]
[Pages 23017-23021]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-09038]
=======================================================================
-----------------------------------------------------------------------
POSTAL REGULATORY COMMISSION
[Docket No. PI2016-3; Order No. 3238]
Public Inquiry on Commission Report to the President and Congress
AGENCY: Postal Regulatory Commission.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Commission is establishing a public inquiry to receive
comments regarding the Commission's second report to the President and
Congress pursuant to section 701 of the Postal Accountability and
Enhancement Act. This notice informs the public of this proceeding,
invites public comment, and takes other administrative steps.
DATES: Comments are due: June 14, 2016.
ADDRESSES: Submit comments electronically via the Commission's Filing
Online system at https://www.prc.gov. Those who cannot submit comments
electronically should contact the person identified in the FOR FURTHER
INFORMATION CONTACT section by telephone for advice on filing
alternatives.
FOR FURTHER INFORMATION CONTACT: David A. Trissell, General Counsel, at
202-789-6820.
SUPPLEMENTARY INFORMATION:
I. Introduction
II. Legal Requirements and Background
III. Areas of Interest
IV. Conclusion
V. Ordering Paragraphs
I. Introduction
The Commission establishes Docket No. PI2016-3 for the purpose of
[[Page 23018]]
obtaining public comment on its second report to the President and
Congress pursuant to section 701 of the Postal Accountability and
Enhancement Act of 2006.\1\
---------------------------------------------------------------------------
\1\ Postal Accountability and Enhancement Act (PAEA), Public Law
109-435, 120 Stat. 3198 (2006), section 701.
---------------------------------------------------------------------------
II. Legal Requirements and Background
A. Statutory Requirements
Under the PAEA, the Commission is required at least every 5 years
to submit a report to the President and Congress concerning (1) the
operation of the amendments made by this Act; and (2) recommendations
for any legislation or other measures necessary to improve the
effectiveness or efficiency of the postal laws of the United States.
PAEA section 701(a). Before submitting the ``701 Report,'' the
Commission must afford the Postal Service a reasonable opportunity to
review the report and submit written comments. PAEA section 701(b).
B. 2011 Report
In 2011, the Commission submitted its first section 701 report.\2\
The 2011 Report focused on three main areas involved with the
implementation of the PAEA: (1) The Postal Service's financial
condition; (2) rate and service matters; and (3) improvements to
Commission processes. 2011 Report at 1-2.
---------------------------------------------------------------------------
\2\ Postal Regulatory Commission, Section 701 Report, Analysis
of the Postal Accountability and Enhancement Act of 2006, September
22, 2011 (2011 Report).
---------------------------------------------------------------------------
In its review of the Postal Service's financial condition, the
Commission recommended that Congress adjust the Postal Service Retiree
Health Benefit Fund and suggested several alternative payment options
intended to alleviate Postal Service liquidity issues. Id. at 21-25.
The 2011 Report also discussed the Postal Service's annual financial
reporting requirements and Sarbanes-Oxley Act compliance, finding that
the PAEA requirements resulted in improved transparency and greater
cost savings. Id. at 25-27.
The 2011 Report also included several recommendations regarding
rate and service matters. First, the Commission recommended that the
PAEA be amended to allow the Postal Service to add new market dominant
classes of mail. Id. at 44. Second, the 2011 Report recommended that if
Congress chose to allow the Postal Service to introduce new nonpostal
services, it should include adequate safeguards to reduce the potential
for the introduction of unprofitable products. Id. at 50. The
Commission suggested that new nonpostal products be subject to review
under 39 U.S.C. 404(e)(3), the same regulatory review applied to
determining whether to ``grandfather'' a nonpostal service. Id.
Although the Commission found that the PAEA constraints on market tests
were effective and not unduly burdensome, the 2011 Report included as
its third recommendation that Congress consider raising the maximum
revenue limitation on experimental market test products to further
bolster Postal Service revenue streams. Id. at 70. Fourth, the
Commission recommended that Congress clarify the PAEA to require the
Postal Service to consult with the Commission not only in establishing
service standards for market dominant products, but also when seeking
to change existing service standards. Id. at 64-65. The Commission did
not recommend any changes to existing procedures for price adjustments
and indicated that it had not vetted this concept, stating that
Congress should consider allowing the Postal Service increased pricing
flexibility based on improvements to quality of service. Id. at 40. The
Commission stated that service quality pricing authority would create
``an incentive for the Postal Service to increase the service
performance of its products.'' Id.
Finally, the Commission made three major recommendations aimed at
developing enhancements to improve Commission processes. The first was
a recommendation that Congress require the Postal Service to provide
the Commission regular reports on retail network plans and activities.
Id. at 77. The second recommendation was to clarify the scope of the
Commission's appellate review of post office closings, including a
definition of ``post office'' that would encompass all Postal Service-
operated retail facilities. Id. at 77-78. The third recommendation was
that Congress consider providing statutory language allowing the Postal
Service expedited consideration of requests for advisory opinions by
the Commission.\3\
---------------------------------------------------------------------------
\3\ Id. at 83-84. As noted below in section III.H, the
Commission amended its internal procedures for considering requests
for advisory opinions in 2014. See Docket No. RM2012-4.
---------------------------------------------------------------------------
Since submitting its 2011 Report, the Commission has benefitted
from its additional years of experience implementing the provisions of
the PAEA. The Commission also recognizes the value of input from public
stakeholders on matters concerning the operation of the provisions of
the PAEA and ideas for legislative reform. Accordingly, the Commission
invites public comment for consideration in preparing the upcoming 701
Report.
III. Areas of Interest
The requirements of section 701 allow the Commission significant
discretion when providing recommendations to the President and
Congress. The Commission is thus empowered to consider the PAEA
amendment generally, as well as provide any appropriate recommendations
related to the operations of the amendment.
However, to assist the public in focusing its comments and in
furtherance of the Commission's mission of enhancing transparency and
accountability of the Postal Service, the Commission has identified
several topics that were either highlighted in the 2011 Report and not
yet resolved, or the Commission has identified as potential areas of
interest. Interested parties are invited to comment on any of the
issues listed below, as well as any other pertinent areas related to
the operation of PAEA amendments.
A. Postal Service Financial Situation
Despite a slight improvement in its liquidity from 2014, the Postal
Service continues to face significant financial challenges ahead. In
its initial 701 Report issued in 2011, the Commission made several
recommendations aimed at strengthening the Postal Service's financial
situation. 2011 Report at 2-3. Subsequent to the 701 Report, the
Commission issued reports highlighting the Postal Service's continued
financial struggles.\4\ In its most recent review, the Commission found
fundamental balance sheet issues with the Postal Service and made
several additional findings.\5\
---------------------------------------------------------------------------
\4\ See, e.g., Postal Regulatory Commission, Analysis of the
United States Postal Service Financial Results and 10-K Statement
for Fiscal Year 2014, Revised April 10, 2014.
\5\ Postal Regulatory Commission, Analysis of the United States
Postal Service Financial Results and 10-K Statement, March 29, 2016,
at 3-4 (FY 2015 Financial Report).
---------------------------------------------------------------------------
In sum, while the Postal Service's cash position is at the highest
level since Fiscal Year (FY) 2007, significant balance sheet
liabilities and off-balance sheet unfunded liabilities for pension and
annuitant health benefits threaten the improvements in liquidity. See
FY 2015 Financial Report at 3. In addition to requesting comments tied
to specific parts of the PAEA as outlined below, the Commission also
welcomes any comments or suggestions about provisions of the PAEA that
impact the overall financial position of the Postal Service as
described above.
[[Page 23019]]
B. Market Dominant Rate System
Perhaps chief among the amendments of the PAEA are the provisions
on the establishment of a modern system for regulating rates and
classes for market dominant products. See 39 U.S.C. 3622. Although this
system is subject to a 10-year review pursuant to 39 U.S.C. 3622(d)(3),
the 701 Report also contemplates reviewing this system. The Commission
promulgates regulations with respect to this system of regulating rates
and classes for market dominant products in accordance with PAEA
directives. See 39 CFR 3010. Issues for consideration in the 701 Report
might include: The financial success of the ratemaking system;
challenges faced as a result of the system; a review of rate
adjustments; mail classification; or compliance with the Sarbanes-Oxley
Act. Recent rate case dockets include market dominant price
adjustments,\6\ as well as an exigent rate adjustment.\7\ Given these
dockets, the Commission welcomes comments on the effectiveness and
challenges of the current market dominant rate system administered by
the Commission.\8\
---------------------------------------------------------------------------
\6\ See, e.g., Docket Nos. R2016-2 and R2015-4.
\7\ See Docket No. R2013-11.
\8\ For a discussion of negotiated service agreements for both
market dominant and competitive products, see section III.D below.
---------------------------------------------------------------------------
One potential area of interest associated with the market dominant
rate system is worksharing. Workshare discounts provide reduced rates
for mailers based on the costs avoided as a result of the mailer
performing an activity that would otherwise be performed by the Postal
Service. Under the PAEA, the Commission must review workshare discounts
to ensure that the discounts do not exceed the Postal Service's avoided
costs, subject to limited exceptions. 39 U.S.C. 3622(e)(2). Legally,
workshare discounts are only bound by this ceiling; the Postal Service
is not bound by this provision to increase a workshare discount that is
less than avoided costs. A discussion of noncompliant workshare
discounts is typically included in the Commission's Annual Compliance
Determination (ACD).\9\
---------------------------------------------------------------------------
\9\ See, e.g., Docket No. ACR2014, Annual Compliance
Determination, March 27, 2015, at 8-32.
---------------------------------------------------------------------------
The Commission welcomes comments on the current operation of the
provisions regarding workshare discounts, as well as insights on how
the discounts and exceptions have functioned in practice.
C. Competitive Rate System
The PAEA also tasks the Commission with the regulation of rates for
competitive products. See 39 U.S.C. 3633. The Commission must ensure
that market dominant products do not subsidize competitive products,
that each competitive product covers its costs, and that competitive
products collectively cover an appropriate share of institutional
costs. Id. The current appropriate share is a minimum of 5.5 percent of
the Postal Service's total institutional costs. 39 CFR 3015.7(c). The
Commission uses this framework to evaluate Postal Service requests for
changes in competitive product rates of general applicability.\10\ In
2012, the Commission conducted its first review of the institutional
costs contribution requirement.\11\ See 39 U.S.C. 3633(b). This review
is to be conducted every 5 years. The Commission welcomes comments on
the statutory framework for review of competitive product rates.
---------------------------------------------------------------------------
\10\ See, e.g., Docket No. CP2016-9, Order No. 2814, Order
Approving Changes in Rates of General Applicability for Competitive
Products, November 13, 2014.
\11\ See Docket No. RM2012-3, Order No. 1449, Order Reviewing
Competitive Products' Appropriate Share Contribution to
Institutional Costs, August 23, 2012.
---------------------------------------------------------------------------
Section 703(a) of the PAEA required the Federal Trade Commission
(FTC) to submit a comprehensive report identifying federal and state
laws that apply differently to the Postal Service with respect to
competitive products.\12\ The Commission seeks comment on the FTC
Report's findings, including those regarding the postal and mailbox
monopolies and the competitive products industry.
---------------------------------------------------------------------------
\12\ Federal Trade Commission, Accounting for Laws that Apply
Differently to the United States Postal Service and Its Private
Competitors: A Report by the Federal Trade Commission, December 2007
(FTC Report) (available at https://www.ftc.gov/reports/accounting-laws-apply-differently-united-states-postal-service-its-private-competitors).
---------------------------------------------------------------------------
D. Negotiated Service Agreements
The Commission reviews negotiated service agreements (NSAs) for
both competitive \13\ and market dominant products.\14\ NSAs for
competitive products make up the overwhelming majority of all NSAs. The
Commission reviews competitive NSAs to ensure: (1) That the competitive
product is not subsidized by market dominant products; (2) that the NSA
will cover its attributable costs; and (3) that competitive products as
a whole cover an appropriate share of institutional costs. 39 U.S.C.
3633. The Commission invites comments on the current legal requirements
for NSAs.
---------------------------------------------------------------------------
\13\ See 39 CFR 3015.5.
\14\ See 39 CFR 3010.40.
---------------------------------------------------------------------------
E. Post Office Closing/Consolidation Procedures
The Commission anticipates that its 701 Report will include a
discussion of the procedures for appeals of Postal Service
determinations to close or consolidate post offices. Under the PAEA,
the Postal Service must consider, prior to closing or consolidating a
post office, the effect on the community, the effect on its employees,
economic savings, and consistency with a policy aimed toward providing
a maximum degree of service to rural areas and communities. 39 U.S.C.
404(d)(2). When considering a timely appeal, the Commission is required
to set aside Postal Service determinations found to be arbitrary or
capricious, without observance of procedure required by law, or
unsupported by evidence on the record. 39 U.S.C. 404(d)(5). The
Commission's rules governing these appeals are located at 39 CFR part
3025.
Docket No. PI2016-2 is a pending Commission proceeding concerning
the scope of the Commission's authority to review certain Postal
Service determinations of closings and consolidations. At issue is
whether a relocation or rearrangement of postal services is subject to
Commission review. Also at issue is whether the Commission has
authority to review the closing of contract postal units.
The Commission welcomes comments on the scope of the Commission's
authority to review Postal Service determinations under the framework
and procedures set forth in the PAEA for appeals of post office
closings and consolidations.
F. Service Standards
The PAEA required that the Postal Service, in consultation with the
Commission, establish service standards for market dominant products.
39 U.S.C. 3691(a). These standards and procedures are located at 39 CFR
part 3055. The regulations outline the annual and periodic reporting of
service performance achievements for each market dominant product. An
assessment of service performance results for FY 2015 is included in
the Commission's latest ACD.\15\
---------------------------------------------------------------------------
\15\ Docket No. ACR2015, Annual Compliance Determination, March
28, 2016, at 94-146.
---------------------------------------------------------------------------
A public inquiry docket pertaining to improvements to service
performance measurement data is currently pending before the
Commission.\16\ The Commission recently updated its Web
[[Page 23020]]
site \17\ to provide service performance information to the public in a
more readily accessible format. All service performance-related reports
and dockets are available under a tab titled ``Reports/Data Service
Reports.'' The Commission urges commenters to review background
information on service standards and performance and welcomes comments
on issues not already raised in Docket No. PI2016-1.
---------------------------------------------------------------------------
\16\ Docket No. PI2016-1, Order No. 2791, Notice Establishing
Docket Concerning Service Performance Measurement Data, October 29,
2015.
\17\ The Commission's Web site is available at https://www.prc.gov.
---------------------------------------------------------------------------
G. Nonpostal Services
The PAEA revoked the Postal Service's authority to offer new
nonpostal services. See 39 U.S.C. 404(e)(2). The Commission reviewed
the Postal Service's existing nonpostal services and designated them
market dominant, competitive, or experimental products, in accordance
with 39 U.S.C. 404(e)(5). Currently, the Postal Service offers two
market dominant nonpostal services and nine competitive nonpostal
products.\18\ The Commission welcomes comments on issues related to
nonpostal services, particularly, whether the Postal Service should be
permitted to offer them in the future and, if so, whether and how the
Commission should review new nonpostal services.
---------------------------------------------------------------------------
\18\ Mail Classification Schedule, sections 1700.2 and 2700.2.
---------------------------------------------------------------------------
H. The Postal Service Fund and the Postal Service Competitive Products
Fund
The PAEA updated the guidelines for the Postal Service to utilize a
separate Treasury fund to be made available for payment of costs
attributable and allocable to competitive products, and for deposits of
revenues and other receipts from competitive products (the Postal
Service Competitive Products Fund, hereinafter ``Competitive Products
Fund''). 39 U.S.C. 2011(a)(b). The Competitive Products Fund is
intended to operate separately from the Postal Service Fund (Postal
Fund). See 39 U.S.C. 2003. The Postal Service provides an annual report
to the Secretary of the Treasury concerning the operation of the
Competitive Products Fund. 39 U.S.C. 2011(h)(2)(D)(i). Reporting
material is also filed with the Commission each year in the ACD. The
Competitive Products Fund reporting information for FY 2015 is
available on the Commission's Web site.\19\ The Commission invites
comments on the operation of the Postal Fund and Competitive Products
Fund to the extent they are not duplicative of matters raised within
Docket No. RM2016-2.
---------------------------------------------------------------------------
\19\ Docket No. ACR2015, Library Reference USPS-FY15-39,
December 29, 2015.
---------------------------------------------------------------------------
The Commission also reviews the Postal Service's annual calculation
of the assumed Federal income tax on competitive products income
pursuant to 39 U.S.C. 3634.\20\ The Commission's regulations require
that the Postal Service develop a Competitive Products Income Statement
for each fiscal year. 39 CFR 3060.21. The Commission reviews the
calculation for compliance with Chapter 1 of the Internal Revenue Code.
If the assumed taxable income from competitive products in a fiscal
year is positive, the Postal Service must transfer the assumed Federal
income tax amount to the Postal Service Fund no later than January 15
of the following fiscal year. 39 CFR 3060.43(b). The Commission invites
comments on the effectiveness of the requirements for the annual
computation of the assumed Federal income tax on competitive products
income.
---------------------------------------------------------------------------
\20\ 39 CFR 3060.42; see Docket No. T2016-1 and Docket No.
T2015-1.
---------------------------------------------------------------------------
I. Advisory Opinion Process
Section 3661 of title 39 requires the Postal Service to seek an
advisory opinion from the Commission whenever it determines that there
should be a change in the nature of postal services which will
generally affect service on a nationwide basis. In 2014, the Commission
revised its rules of procedure for these advisory opinion requests,
referred to as ``N-cases.'' \21\ The primary objective of the adoption
of the Commission's new procedural rules was ``to establish a
procedural framework in which advisory opinions could be issued within
90 days of the filing of a Postal Service request.'' Order No. 2080 at
6. The PAEA requires ``an opportunity for hearing on the record under
sections 556 and 557 of title 5'' before the Commission issues an
opinion. 39 U.S.C. 3661(c). Given this requirement, the revised rules
preserve the opportunity for participants to request a formal hearing
on Postal Service proposals.
---------------------------------------------------------------------------
\21\ Docket No. RM2012-4, Order Adopting Amended Rules of
Procedure for Nature of Service Proceedings Under 39 U.S.C. 3661,
May 20, 2014 (Order No. 2080).
---------------------------------------------------------------------------
Since the adoption of the new N-case procedural rules, the Postal
Service has filed no request for an advisory opinion on the nature of
postal services. Nevertheless, the Commission welcomes comments on the
advisory opinion process, including the advisability of preserving the
opportunity for a hearing on the record in the PAEA.
J. Market Tests
The PAEA grants the Postal Service authority to conduct market
tests of experimental products. 39 U.S.C. 3641(a). The Commission
reviews market tests to ensure that: (1) The product is significantly
different than all products offered by the Postal Service within the
prior 2 years; (2) the product will not create an unfair competitive
advantage for the Postal Service or any mailer; and (3) the Postal
Service identifies the product as either market dominant or
competitive. 39 U.S.C. 3641(b). The Commission also ensures compliance
with the rules set forth at 39 CFR 3035. All notices of market tests
must include a data collection plan including revenue, attributable
costs, and volumes, but the Commission may request additional data as
it deems appropriate. 39 CFR 3035.3. Market tests may not exceed 24
months in duration, although the Postal Service may request an
extension of no more than 12 months. 39 CFR 3035.10. Total anticipated
revenues for a market test must not exceed $10 million in any fiscal
year, as adjusted for the change in the Consumer Price Index. 39 CFR
3035.15.
The last notice of a market test was authorized by the Commission
on October 23, 2014.\22\ The experimental product, Customized Delivery,
was approved while a request for an exemption from the $10 million
limitation was denied as premature. The Commission welcomes comments on
the procedures for review of Postal Service notices of market tests of
experimental products.
---------------------------------------------------------------------------
\22\ Docket No. MT2014-1, Order No. 2224, Order Authorizing
Customized Delivery Market Test, October 23, 2014.
---------------------------------------------------------------------------
K. Universal Service Obligation and the Postal Monopoly
The Commission's report is required to include any recommended
changes to the universal service obligation (USO) and the postal
monopoly. PAEA section 702(b)(1). The Commission must include the
perceived effects of the recommended changes, as well as the costs and
benefits of the postal monopoly under current law. PAEA section
702(b)(2).
Each year, the Commission includes a discussion of costs of the USO
and the value of the postal monopoly in the Annual Report to the
President and Congress. For the most recent estimates, please refer to
the Annual Report for FY 2015.\23\
---------------------------------------------------------------------------
\23\ Postal Regulatory Commission, Annual Report to the
President and Congress, Fiscal Year 2015, January 6, 2016.
---------------------------------------------------------------------------
[[Page 23021]]
In 2008, pursuant to PAEA section 702(a), the Commission issued an
in-depth report on universal postal service and the postal
monopoly.\24\ The USO Report reviews the historical development of the
USO and postal monopoly, universal service and monopoly laws of other
countries, economic considerations, needs and expectations of the
United States public, policy options, and Commission recommendations.
The Commission invites comments and recommendations regarding the USO
and the postal monopoly.
---------------------------------------------------------------------------
\24\ Postal Regulatory Commission, Report of Universal Postal
Service and the Postal Monopoly, December 19, 2008 (USO Report)
(available at https://www.prc.gov/prc-reports).
---------------------------------------------------------------------------
L. Requirement of a Public Representative
The Commission must designate a public representative in all
proceedings on a case-by-case basis. See 39 U.S.C. 505; 39 CFR 3002.14.
The public representative serves the interest of the general public in
these proceedings, and is subject to ex parte communication
restrictions with the Commission for those proceedings. The Commission
welcomes comments on the utility of the public representative in
Commission proceedings, and any improvements the Commission should
consider to improve the public representative program.
M. Requirement of Commission Inspector General
The Commission's Office of the Inspector General has duties related
to the oversight of Commission programs and operations. See 39 CFR
3002.16. The Inspector General reports to Congress and the Commission
on a bi-annual basis its activities related to audits, inspections, and
other evaluations.\25\ The Commission welcomes comment on the Office of
the Inspector General, and any perspectives on the cost benefit or
effectiveness of the office.
---------------------------------------------------------------------------
\25\ See Postal Regulatory Commission Office of Inspector
General, Semiannual Report to Congress, April 1, 2015 through
September 30, 2015 (available at https://www.prc.gov/sites/default/files/oig-reports/SARC2015-2.pdf).
---------------------------------------------------------------------------
IV. Conclusion
The Commission invites public comment on the issues noted above,
and on any other issues of interest related to the operation of the
amendments of the PAEA. Comments shall be submitted no later than June
14, 2016.
The Commission appoints Richard A. Oliver to serve as Public
Representative in this docket.
V. Ordering Paragraphs
It is ordered:
1. The Commission establishes Docket No. PI2016-3 and invites
public comments on the operation of the amendments of the Postal
Accountability and Enhancement Act.
2. Comments are due no later than June 14, 2016.
3. Pursuant to 39 U.S.C. 505, Richard A. Oliver is appointed to
serve as an officer of the Commission to represent the interests of the
general public in this proceeding (Public Representative).
4. The Secretary shall arrange for publication of this order in the
Federal Register.
By the Commission.
Stacy L. Ruble,
Secretary.
[FR Doc. 2016-09038 Filed 4-18-16; 8:45 am]
BILLING CODE 7710-FW-P