Indemnification Payments; Correction and Extension of Comment Period, 74739 [2016-26028]

Download as PDF Federal Register / Vol. 81, No. 208 / Thursday, October 27, 2016 / Proposed Rules FEDERAL HOUSING FINANCE AGENCY 12 CFR Part 1231 RIN 2590–AA68 Indemnification Payments; Correction and Extension of Comment Period Federal Housing Finance Agency. ACTION: Proposed rule; correction and extension of comment period. AGENCY: The Federal Housing Finance Agency (FHFA) is correcting the regulatory text, and extending the comment period for, the proposed rule published in the Federal Register on September 20, 2016, regarding Golden Parachute and Indemnification Payments. FHFA is taking this action to correct and to extend the comment period to allow interested persons additional time to submit comments on the proposed rule. DATES: The comment period for the proposed rule published September 20, 2016, at 81 FR 64357, is extended. Comments should be received on or before December 21, 2016. ADDRESSES: You may submit your comments, identified by Regulatory Information Number (RIN) 2590–AA68, by any of the following methods: • Agency Web site: www.fhfa.gov/ open-for-comment-or-input. • Federal eRulemaking Portal: http:// www.regulations.gov. Follow the instructions for submitting comments. If you submit your comment to the Federal eRulemaking Portal, please also send it by email to FHFA at RegComments@fhfa.gov to ensure timely receipt by the agency. Please include Comments/RIN 2590–AA68 in the subject line of the message. • Courier/Hand Delivery: The hand delivery address is: Alfred M. Pollard, General Counsel, Attention: Comments/ RIN 2590–AA68, Federal Housing Finance Agency, 400 Seventh Street SW., Eighth Floor, Washington, DC 20219. Deliver the package to the Seventh Street entrance Guard Desk, First Floor, on business days between 9 a.m. to 5 p.m. • U.S. Mail, United Parcel Service, Federal Express or Other Mail Service: The mailing address for comments is: Alfred M. Pollard, General Counsel, Attention: Comments/RIN 2590–AA68, Federal Housing Finance Agency, 400 Seventh Street SW., Eighth Floor, Washington, DC 20219. FOR FURTHER INFORMATION CONTACT: Mark D. Laponsky, Deputy General Counsel, Mark.Laponsky@fhfa.gov, (202) sradovich on DSK3GMQ082PROD with PROPOSALS SUMMARY: VerDate Sep<11>2014 17:35 Oct 26, 2016 Jkt 241001 649–3054 (not a toll-free number), Federal Housing Finance Center, Constitution Center, Eighth Floor, 400 Seventh Street SW., Washington, DC 20219. The telephone number for the Telecommunications Device for the Hearing Impaired is (800) 877–8339. SUPPLEMENTARY INFORMATION: Comments FHFA invites comments on all aspects of the 2016 proposed rulemaking and will take all comments into consideration before issuing the final rule. Copies of all comments will be posted without change, including any personal information you provide, such as your name, address, email address, and telephone number, on the FHFA Web site at http://www.fhfa.gov. In addition, copies of all comments received will be available for examination by the public on business days between the hours of 10 a.m. and 3 p.m., at the Federal Housing Finance Agency, Constitution Center, Eighth Floor, 400 Seventh Street SW., Washington, DC 20219. To make an appointment to inspect comments, please call the Office of General Counsel at (202) 649–3804. Background In the Federal Register on September 20, 2016 (81 FR 64357), FHFA published a proposed rule with a 60-day comment period to request comments on the proposal that would establish standards for identifying whether an indemnification payment by the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, any of the Federal Home Loan Banks, or the Federal Home Loan Bank System’s Office of Finance to an entity-affiliated party in connection with an administrative proceeding or civil action instituted by FHFA is prohibited or permissible. The proposed rule published an inadvertent clerical error in § 1231.4. FHFA is correcting that error, to clarify, just as the proposed rule did (see fn 7 in the Supplementary Information Section, explaining FHFA’s rationale), that September 20, 2016, the date of that proposed rulemaking’s publication, is the grandfathering date for individualized indemnification agreements, and is extending the comment period in order that the public may have a full 60 days to comment following this correction. Correction In proposed rule FR Doc. 2016–22483, on page 64360, in the issue of September 20, 2016, in the right column, in paragraph (b)(3) of § 1231.4, should correctly read: ‘‘Amounts due PO 00000 Frm 00020 Fmt 4702 Sfmt 4702 74739 under an indemnification agreement entered into with a named entityaffiliated party on or prior to September 20, 2016.’’ Extension of Comment Period The proposed rule requested that the public submit comments by November, 21, 2016. FHFA hereby extends the deadline for submitting comments by an additional 30 days, to December 21, 2016. Dated: October 21, 2016. Melvin L. Watt, Director, Federal Housing Finance Agency. [FR Doc. 2016–26028 Filed 10–26–16; 8:45 am] BILLING CODE 8070–01–P ENVIRONMENTAL PROTECTION AGENCY 40 CFR Part 52 [EPA–R06–OAR–2014–0222; FRL–9954–02– Region 6] Approval and Promulgation of State Implementation Plans; Texas; Control of Air Emissions From Visible Emissions and Particulate Matter Environmental Protection Agency (EPA). ACTION: Proposed rule. AGENCY: The Environmental Protection Agency (EPA) is proposing to approve revisions to the Texas State Implementation Plan (SIP) submitted by the State of Texas that pertain to particulate matter standards and outdoor burning regulations. The State submitted the SIP revisions in the years 1989, 2004, 2006, and 2014. This rulemaking action is being taken under section 110 of the Federal Clean Air Act (CAA). The EPA has determined that the SIP revisions are approvable and meet the requirements established in section 110 of the CAA. DATES: Written comments must be received on or before November 28, 2016. ADDRESSES: Submit your comments, identified by Docket No. EPA–R06– OAR–2014–0222, at http:// www.regulations.gov or via email to pitre.randy@epa.gov. Follow the online instructions for submitting comments. Once submitted, comments cannot be edited or removed from Regulations.gov. The EPA may publish any comment received to its public docket. Do not submit electronically any information you consider to be Confidential Business Information (CBI) or other information whose disclosure is restricted by statute. Multimedia SUMMARY: E:\FR\FM\27OCP1.SGM 27OCP1

Agencies

[Federal Register Volume 81, Number 208 (Thursday, October 27, 2016)]
[Proposed Rules]
[Page 74739]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-26028]



[[Page 74739]]

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FEDERAL HOUSING FINANCE AGENCY

12 CFR Part 1231

RIN 2590-AA68


Indemnification Payments; Correction and Extension of Comment 
Period

AGENCY: Federal Housing Finance Agency.

ACTION: Proposed rule; correction and extension of comment period.

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SUMMARY: The Federal Housing Finance Agency (FHFA) is correcting the 
regulatory text, and extending the comment period for, the proposed 
rule published in the Federal Register on September 20, 2016, regarding 
Golden Parachute and Indemnification Payments. FHFA is taking this 
action to correct and to extend the comment period to allow interested 
persons additional time to submit comments on the proposed rule.

DATES: The comment period for the proposed rule published September 20, 
2016, at 81 FR 64357, is extended. Comments should be received on or 
before December 21, 2016.

ADDRESSES: You may submit your comments, identified by Regulatory 
Information Number (RIN) 2590-AA68, by any of the following methods:
     Agency Web site: www.fhfa.gov/open-for-comment-or-input.
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments. If you submit your 
comment to the Federal eRulemaking Portal, please also send it by email 
to FHFA at RegComments@fhfa.gov to ensure timely receipt by the agency. 
Please include Comments/RIN 2590-AA68 in the subject line of the 
message.
     Courier/Hand Delivery: The hand delivery address is: 
Alfred M. Pollard, General Counsel, Attention: Comments/RIN 2590-AA68, 
Federal Housing Finance Agency, 400 Seventh Street SW., Eighth Floor, 
Washington, DC 20219. Deliver the package to the Seventh Street 
entrance Guard Desk, First Floor, on business days between 9 a.m. to 5 
p.m.
     U.S. Mail, United Parcel Service, Federal Express or Other 
Mail Service: The mailing address for comments is: Alfred M. Pollard, 
General Counsel, Attention: Comments/RIN 2590-AA68, Federal Housing 
Finance Agency, 400 Seventh Street SW., Eighth Floor, Washington, DC 
20219.

FOR FURTHER INFORMATION CONTACT: Mark D. Laponsky, Deputy General 
Counsel, Mark.Laponsky@fhfa.gov, (202) 649-3054 (not a toll-free 
number), Federal Housing Finance Center, Constitution Center, Eighth 
Floor, 400 Seventh Street SW., Washington, DC 20219. The telephone 
number for the Telecommunications Device for the Hearing Impaired is 
(800) 877-8339.

SUPPLEMENTARY INFORMATION: 

Comments

    FHFA invites comments on all aspects of the 2016 proposed 
rulemaking and will take all comments into consideration before issuing 
the final rule. Copies of all comments will be posted without change, 
including any personal information you provide, such as your name, 
address, email address, and telephone number, on the FHFA Web site at 
http://www.fhfa.gov. In addition, copies of all comments received will 
be available for examination by the public on business days between the 
hours of 10 a.m. and 3 p.m., at the Federal Housing Finance Agency, 
Constitution Center, Eighth Floor, 400 Seventh Street SW., Washington, 
DC 20219. To make an appointment to inspect comments, please call the 
Office of General Counsel at (202) 649-3804.

Background

    In the Federal Register on September 20, 2016 (81 FR 64357), FHFA 
published a proposed rule with a 60-day comment period to request 
comments on the proposal that would establish standards for identifying 
whether an indemnification payment by the Federal National Mortgage 
Association, the Federal Home Loan Mortgage Corporation, any of the 
Federal Home Loan Banks, or the Federal Home Loan Bank System's Office 
of Finance to an entity-affiliated party in connection with an 
administrative proceeding or civil action instituted by FHFA is 
prohibited or permissible. The proposed rule published an inadvertent 
clerical error in Sec.  1231.4. FHFA is correcting that error, to 
clarify, just as the proposed rule did (see fn 7 in the Supplementary 
Information Section, explaining FHFA's rationale), that September 20, 
2016, the date of that proposed rulemaking's publication, is the 
grandfathering date for individualized indemnification agreements, and 
is extending the comment period in order that the public may have a 
full 60 days to comment following this correction.

Correction

    In proposed rule FR Doc. 2016-22483, on page 64360, in the issue of 
September 20, 2016, in the right column, in paragraph (b)(3) of Sec.  
1231.4, should correctly read: ``Amounts due under an indemnification 
agreement entered into with a named entity-affiliated party on or prior 
to September 20, 2016.''

Extension of Comment Period

    The proposed rule requested that the public submit comments by 
November, 21, 2016. FHFA hereby extends the deadline for submitting 
comments by an additional 30 days, to December 21, 2016.

    Dated: October 21, 2016.
Melvin L. Watt,
Director, Federal Housing Finance Agency.
[FR Doc. 2016-26028 Filed 10-26-16; 8:45 am]
BILLING CODE 8070-01-P