Community Development Advisory Board Meeting, 4459-4460 [2017-00649]
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Federal Register / Vol. 82, No. 9 / Friday, January 13, 2017 / Notices
whether FTA review is necessary to
advance the Award to the next level of
design could delay Awards.
Importantly, the text does not state that
FTA will manage or take control of the
Award. However, there may be
instances in which FTA or its
contractors observe a situation that must
be addressed, such as a failure to
comply with the law. Thus, FTA has not
amended the language in the final
Circular.
FTA received two comments related
to force accounts: one commenter asked
whether a force account plan is required
for preventive maintenance, and one
commenter asked whether the
requirement for force account plans was
subject to the Paperwork Reduction Act.
First, a force account plan is not
required for preventive maintenance.
Second, FTA has paperwork collection
approvals for all of its federal assistance
programs. Paperwork submissions and
recordkeeping requirements are
captured in those approvals.
In addition to the changes described
above, FTA made minor edits to the text
of Chapter IV for clarity.
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F. Chapter V—FTA Oversight
Chapter V includes guidance
regarding the various types of reviews
that FTA conducts. Reviews are grouped
in the following categories: (1) Program
Oversight, (2) Safety Oversight, and (3)
Project Oversight.
FTA received one comment related to
Chapter V. The commenter asked if FTA
intended to use the term ‘‘project
sponsor’’ instead of ‘‘recipient.’’ In
response, FTA edited the text to state,
‘‘project sponsor or recipient.’’ In
addition, FTA made minor, clarifying
edits to this chapter.
G. Chapter VI—Financial Management
Chapter VI includes guidance
regarding internal controls, non-federal
share, financial plan, federal principles
for determining allowable costs, indirect
costs, program income, annual audit,
payment procedures, de-obligation of
federal assistance, debt service reserve,
and the right to terminate.
Farebox Revenues is discussed in the
Program Income section of Chapter VI,
found at section 7(i). For purposes of
operating assistance grants, farebox
revenues are deducted from the eligible
operating expenses to derive the ‘‘net
project cost.’’ The question regarding
FTA’s treatment of farebox revenues for
recipients of capital assistance arose in
light of the proposed definition of
program income in proposed FTA
Circular 5010.1E. Although FTA
Circular 5010.1D does not discuss the
relationship, if any, between program
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19:06 Jan 12, 2017
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income and farebox revenue, the
proposed Circular 5010.1E included
explicit language listing farebox revenue
as a type of program income. Whereas
Circular 5010.1D allowed program
income to be spent ‘‘for public
transportation purposes,’’ the proposed
Circular permits program income to be
spent only on allowable costs. Under
Circular 5010.1D, there are no federal
requirements governing the disposition
of program income earned after the end
of the period of performance (i.e., after
the ending date of the final Federal
Financial Report), unless the terms of
the agreement or the federal agency
regulations provide otherwise. In
proposed Circular 5010.1E, FTA has
included an exception to this general
rule for farebox revenue states that
farebox revenue retains its status as
program income after the close of the
Award. FTA has made edits to Chapter
VI to withdraw these changes and
clarify these points.
FTA received several comments
related to indirect costs. One commenter
noted that the discussion of indirect
costs in section 6 of Chapter VI
contained a different definition than
that found in the definitions section of
Chapter I. Specifically, the text in
Chapter VI contains additional language
relating to states and local governments
and Cost Allocation Plans found in 2
CFR 200.416. We have clarified the
language in Chapter VI.
One commenter suggested that FTA
clarify that cost allocation plans will not
apply to every recipient. The
commenter also suggested that FTA
clarify that indirect cost proposals and
cost allocation plans are separate
documents. FTA has made edits to
Chapter VI to clarify these points.
One commenter indicated that
reporting indirect costs on a cumulative
basis in the Federal Financial Report
(FFR) would require adding many lines
to the FFR. Further, the commenter
noted that indirect costs currently are
not reported for subrecipients. In
response, FTA agrees that cumulative
reporting will add lines to the FFR.
However, indirect cost rates should be
reported for the reporting agency, not
for subrecipients. Documentation and
reporting on subawards and contractual
indirect cost rates should be maintained
by the recipient and collected as part of
its subrecipient monitoring. We have
made edits to Appendix B to provide
additional guidance to recipients for
this reporting requirement. In addition,
a commenter suggested that the
requirement to identify the indirect cost
rate as a separate budget line item
‘‘would require recipients to provide a
level of budget detail that will be
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Fmt 4703
Sfmt 4703
4459
impossible to meet.’’ The commenter
asserted that many Awards contain
multiple projects, and many projects are
funded by multiple Awards. However,
the indirect cost rate should be the same
across multiple Awards and multiple
projects, as indirect cost rates are not
determined on an Award by Award or
project by project basis.
H. Appendices
As stated in the summary under
Chapter VI, FTA has amended
Appendix B, Federal Financial Report,
for clarity in reporting indirect costs.
FTA has reversed the order of
proposed Appendices F and G, such
that now Appendix F is Cost Allocation
Plans and Appendix G is Indirect Cost
Rate Proposals.
FTA struck proposed Appendix J,
‘‘Award Amendments and Budget
Revision Guidelines,’’ as the
information is otherwise available on
FTA’s Web site at https://
www.transit.dot.gov/trams.
In addition to the above, FTA made
minor, clarifying edits to the
appendices.
Carolyn Flowers,
Acting Administrator.
[FR Doc. 2017–00728 Filed 1–12–17; 8:45 am]
BILLING CODE 4910–57–P
DEPARTMENT OF THE TREASURY
Community Development Financial
Institutions Fund
Community Development Advisory
Board Meeting
ACTION:
Notice of open meeting.
This notice announces the
next meeting of the Community
Development Advisory Board (the
Advisory Board), which provides advice
to the Director of the Community
Development Financial Institutions
Fund (the CDFI Fund). The meeting will
be conducted via telephone conference
call.
DATES: The meeting will be held from
2:00 p.m. to 3:00 p.m. Eastern Standard
Time on Monday, January 30, 2017.
Submission of Written Statements:
Participation in the discussions at the
meeting will be limited to Advisory
Board members, Department of the
Treasury staff, and certain invited
guests. Anyone who would like to have
the Advisory Board consider a written
statement must submit it by 5:00 p.m.
Eastern Standard Time on Monday,
January 23, 2017. Send paper statements
to Bill Luecht, Senior Advisor, Office of
SUMMARY:
E:\FR\FM\13JAN1.SGM
13JAN1
asabaliauskas on DSK3SPTVN1PROD with NOTICES
4460
Federal Register / Vol. 82, No. 9 / Friday, January 13, 2017 / Notices
Legislative and External Affairs, CDFI
Fund, 1500 Pennsylvania Avenue NW.,
Washington, DC 20220. Send electronic
statements to AdvisoryBoard@
cdfi.treas.gov.
In general, the CDFI Fund will make
all statements available in their original
format, including any business or
personal information provided such as
names, addresses, email addresses, or
telephone numbers, for public
inspection, and photocopying at the
CDFI Fund. The CDFI Fund is open on
official business days between the hours
of 9:00 a.m. and 5:00 p.m. You can make
an appointment to inspect statements by
emailing AdvisoryBoard@cdfi.treas.gov.
All statements received, including
attachments and other supporting
materials, are part of the public record
and subject to public disclosure. You
should only submit information that
you wish to make publicly available.
FOR FURTHER INFORMATION CONTACT: Bill
Luecht, Senior Advisor, Office of
Legislative and External Affairs, CDFI
Fund, 1500 Pennsylvania Avenue NW.,
Washington, DC 20220, (202) 653–0322
(this is not a toll free number) or
AdvisoryBoard@cdfi.treas.gov. Other
information regarding the CDFI Fund
and its programs may be obtained
through the CDFI Fund’s Web site at
https://www.cdfifund.gov.
SUPPLEMENTARY INFORMATION: Section
104(d) of the Community Development
Banking and Financial Institutions Act
of 1994 (12 U.S.C. 4703(d)) established
the Advisory Board. The charter for the
Advisory Board has been filed in
accordance with the Federal Advisory
Committee Act, as amended (5 U.S.C.
App.), and with the approval of the
Secretary of the Treasury.
The function of the Advisory Board is
to advise the Director of the CDFI Fund
(who has been delegated the authority to
administer the CDFI Fund) on the
policies regarding the activities of the
CDFI Fund. The Advisory Board shall
not advise the CDFI Fund on the
approving or declining any particular
application for monetary or nonmonetary awards. The Advisory Board
shall meet at least annually.
It has been determined that this
document is not a major rule as defined
in Executive Order 12291 and therefore
regulatory impact analysis is not
required. In addition, this document
does not constitute a rule subject to the
Regulatory Flexibility Act (5 U.S.C.
chapter 6).
In accordance with section 10(a) of
the Federal Advisory Committee Act, 5
U.S.C. App. 2 and the regulations
thereunder, Bill Luecht, Designated
Federal Officer of the Advisory Board,
VerDate Sep<11>2014
19:06 Jan 12, 2017
Jkt 241001
has ordered publication of this notice
that the Advisory Board will convene an
open meeting which will be conducted
via a telephone conference call from
2:00 p.m. to 3:00 p.m. Eastern Standard
Time on Monday, January 30, 2017.
Public participation will be limited to
50 individual phone lines. Notification
of intent to attend the meeting must be
made via email to AdvisoryBoard@
cdfi.treas.gov. The CDFI Fund will send
confirmation of attendance and
instructions for accessing the meeting to
the first 50 individuals who submit
notifications of intent. For more
information, please call (202) 653–0322.
The Advisory Board meeting will
include (i) a presentation to the full
Advisory Board by an Advisory Board
subcommittee on a plan to promote the
knowledge and utilization of the Access
to Capital and Credit in Native
Communities report and (ii) deliberation
on the recommendations contained
therein.
Authority: 12 U.S.C. 4703.
Mary Ann Donovan,
Director, Community Development Financial
Institutions Fund.
[FR Doc. 2017–00649 Filed 1–12–17; 8:45 am]
BILLING CODE 4810–70–P
DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
Sanctions Actions Pursuant to the
Sergei Magnitsky Rule of Law
Accountability Act of 2012
Office of Foreign Assets
Control, Treasury.
ACTION: Notice.
AGENCY:
The Treasury Department’s
Office of Foreign Assets Control
(‘‘OFAC’’) is publishing the names of
five individuals whose property and
interests in property are blocked
pursuant to the Sergei Magnitsky Rule
of Law Accountability Act of 2012 (the
‘‘Magnitsky Act’’).
DATES: OFAC’s actions described in this
notice were effective on January 9, 2017.
FOR FURTHER INFORMATION CONTACT: The
Department of the Treasury’s Office of
Foreign Assets Control: Assistant
Director for Licensing, tel.: 202–622–
2480, Assistant Director for Policy, tel.:
202–622–2746, Assistant Director for
Regulatory Affairs, tel.: 202–622–4855,
Assistant Director for Sanctions
Compliance & Evaluation, tel.: 202–622–
2490; or the Department of the
Treasury’s Chief Counsel (Foreign
Assets Control), Office of the General
Counsel, tel.: 202–622–2410.
SUMMARY:
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Frm 00182
Fmt 4703
Sfmt 4703
SUPPLEMENTARY INFORMATION:
Electronic and Facsimile Availability
This document and additional
information concerning OFAC are
available from OFAC’s Web site
(www.treasury.gov/ofac).
Background
On January 9, 2017, OFAC blocked
the property and interests in property of
the following five individuals pursuant
to the Magnitsky Act (Pub. L. 112–208,
December 14, 2012):
1. PLAKSIN, Gennady Nikolaevich, Russia;
DOB 31 Aug 1961; Gender Male (individual)
[MAGNIT].
2. GORDIEVSKY, Stanislav Evgenievich,
Russia; DOB 09 Sep 1977; Gender Male
(individual) [MAGNIT].
3. LUGOVOI, Andrei Konstantinovich,
Russia; DOB 19 Sep 1966; Gender Male
(individual) [MAGNIT].
4. KOVTUN, Dmitri, Russia; DOB 1965;
Gender Male (individual) [MAGNIT].
5. BASTRYKIN, Alexander Ivanovich,
Russia; DOB 27 Aug 1953; Gender Male
(individual) [MAGNIT].
Gennady Plaksin and Stanislav
Gordievsky are being designated
pursuant to Section 404(a) of the
Magnitsky Act because they were
involved in the criminal conspiracy
uncovered by Sergei Magnitsky. Andrei
Lugovoi and Dmitri Kovtun are being
designated pursuant to Section 404(a) of
the Magnitsky Act because they are
responsible for the extrajudicial killing
of Alexander Litvinenko for his
activities seeking to expose illegal
activity carried out by officials of the
Government of the Russian Federation.
Alexander Bastrykin is being designated
pursuant to Section 404(a) of the
Magnitsky Act for participating in
efforts to conceal the legal liability for
the detention, abuse, or death of Sergei
Magnitsky.
Dated: January 9, 2017.
John E. Smith,
Acting Director, Office of Foreign Assets
Control.
[FR Doc. 2017–00603 Filed 1–12–17; 8:45 am]
BILLING CODE 4810–AL–P
DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
Sanctions Actions Pursuant To The
Cuban Assets Control Regulations
Office of Foreign Assets
Control, Treasury.
ACTION: Notice.
AGENCY:
The Department of the
Treasury’s Office of Foreign Assets
Control (OFAC) is publishing the names
SUMMARY:
E:\FR\FM\13JAN1.SGM
13JAN1
]]>Agencies
[Federal Register Volume 82, Number 9 (Friday, January 13, 2017)]
[Notices]
[Pages 4459-4460]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-00649]
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DEPARTMENT OF THE TREASURY
Community Development Financial Institutions Fund
Community Development Advisory Board Meeting
ACTION: Notice of open meeting.
-----------------------------------------------------------------------
SUMMARY: This notice announces the next meeting of the Community
Development Advisory Board (the Advisory Board), which provides advice
to the Director of the Community Development Financial Institutions
Fund (the CDFI Fund). The meeting will be conducted via telephone
conference call.
DATES: The meeting will be held from 2:00 p.m. to 3:00 p.m. Eastern
Standard Time on Monday, January 30, 2017.
Submission of Written Statements: Participation in the discussions
at the meeting will be limited to Advisory Board members, Department of
the Treasury staff, and certain invited guests. Anyone who would like
to have the Advisory Board consider a written statement must submit it
by 5:00 p.m. Eastern Standard Time on Monday, January 23, 2017. Send
paper statements to Bill Luecht, Senior Advisor, Office of
[[Page 4460]]
Legislative and External Affairs, CDFI Fund, 1500 Pennsylvania Avenue
NW., Washington, DC 20220. Send electronic statements to
AdvisoryBoard@cdfi.treas.gov.
In general, the CDFI Fund will make all statements available in
their original format, including any business or personal information
provided such as names, addresses, email addresses, or telephone
numbers, for public inspection, and photocopying at the CDFI Fund. The
CDFI Fund is open on official business days between the hours of 9:00
a.m. and 5:00 p.m. You can make an appointment to inspect statements by
emailing AdvisoryBoard@cdfi.treas.gov. All statements received,
including attachments and other supporting materials, are part of the
public record and subject to public disclosure. You should only submit
information that you wish to make publicly available.
FOR FURTHER INFORMATION CONTACT: Bill Luecht, Senior Advisor, Office of
Legislative and External Affairs, CDFI Fund, 1500 Pennsylvania Avenue
NW., Washington, DC 20220, (202) 653-0322 (this is not a toll free
number) or AdvisoryBoard@cdfi.treas.gov. Other information regarding
the CDFI Fund and its programs may be obtained through the CDFI Fund's
Web site at https://www.cdfifund.gov.
SUPPLEMENTARY INFORMATION: Section 104(d) of the Community Development
Banking and Financial Institutions Act of 1994 (12 U.S.C. 4703(d))
established the Advisory Board. The charter for the Advisory Board has
been filed in accordance with the Federal Advisory Committee Act, as
amended (5 U.S.C. App.), and with the approval of the Secretary of the
Treasury.
The function of the Advisory Board is to advise the Director of the
CDFI Fund (who has been delegated the authority to administer the CDFI
Fund) on the policies regarding the activities of the CDFI Fund. The
Advisory Board shall not advise the CDFI Fund on the approving or
declining any particular application for monetary or non-monetary
awards. The Advisory Board shall meet at least annually.
It has been determined that this document is not a major rule as
defined in Executive Order 12291 and therefore regulatory impact
analysis is not required. In addition, this document does not
constitute a rule subject to the Regulatory Flexibility Act (5 U.S.C.
chapter 6).
In accordance with section 10(a) of the Federal Advisory Committee
Act, 5 U.S.C. App. 2 and the regulations thereunder, Bill Luecht,
Designated Federal Officer of the Advisory Board, has ordered
publication of this notice that the Advisory Board will convene an open
meeting which will be conducted via a telephone conference call from
2:00 p.m. to 3:00 p.m. Eastern Standard Time on Monday, January 30,
2017.
Public participation will be limited to 50 individual phone lines.
Notification of intent to attend the meeting must be made via email to
AdvisoryBoard@cdfi.treas.gov. The CDFI Fund will send confirmation of
attendance and instructions for accessing the meeting to the first 50
individuals who submit notifications of intent. For more information,
please call (202) 653-0322.
The Advisory Board meeting will include (i) a presentation to the
full Advisory Board by an Advisory Board subcommittee on a plan to
promote the knowledge and utilization of the Access to Capital and
Credit in Native Communities report and (ii) deliberation on the
recommendations contained therein.
Authority: 12 U.S.C. 4703.
Mary Ann Donovan,
Director, Community Development Financial Institutions Fund.
[FR Doc. 2017-00649 Filed 1-12-17; 8:45 am]
BILLING CODE 4810-70-P
