Rules of Practice and Procedures To Formulate or Amend a Marketing Agreement or a Marketing Order, or Certain Research and Promotion Orders; Correction, 60281 [2017-27401]
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60281
Rules and Regulations
Federal Register
Vol. 82, No. 243
Wednesday, December 20, 2017
This section of the FEDERAL REGISTER
contains regulatory documents having general
applicability and legal effect, most of which
are keyed to and codified in the Code of
Federal Regulations, which is published under
50 titles pursuant to 44 U.S.C. 1510.
The Code of Federal Regulations is sold by
the Superintendent of Documents.
[Doc. No. AMS–SC–17–0081]
RIN 0581–AD76
Rules of Practice and Procedures To
Formulate or Amend a Marketing
Agreement or a Marketing Order, or
Certain Research and Promotion
Orders; Correction
Agricultural Marketing Service,
USDA.
Final rule; correction.
This document contains a
correction to the final rule which was
published on December 11, 2017. In the
final rule, the Regulatory Information
Number (RIN) appears as RIN 0581–
AD74. This number is incorrect. The
correct number is 0581–AD76. This
document corrects the final rule.
SUMMARY:
Effective December 20, 2017.
FOR FURTHER INFORMATION CONTACT:
William Richmond, Acting Chief of
Staff, AMS, 1400 Independence Avenue
SW, Washington, DC 20250, (202) 720–
5115.
In final
rule FR Doc. 2017–26718, beginning at
page 58097 of the issue December 11,
2017, make the following corrections:
On page 58097, in the first column in
the heading, correct the RIN to read
‘‘0581–AD76’’.
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SUPPLEMENTARY INFORMATION:
Dated: December 15, 2017.
Bruce Summers,
Acting Administrator, Agricultural Marketing
Service.
[FR Doc. 2017–27401 Filed 12–19–17; 8:45 am]
BILLING CODE 3410–02–P
VerDate Sep<11>2014
16:19 Dec 19, 2017
Jkt 244001
Regulation A: Extensions of Credit by
Federal Reserve Banks
The Board of Governors of the
Federal Reserve System (‘‘Board’’) has
adopted final amendments to its
Regulation A to reflect the Board’s
approval of an increase in the rate for
primary credit at each Federal Reserve
Bank. The secondary credit rate at each
Reserve Bank automatically increased
by formula as a result of the Board’s
primary credit rate action.
DATES: The amendments to part 201
(Regulation A) are effective December
20, 2017. The rate changes for primary
and secondary credit were applicable on
December 14, 2017.
FOR FURTHER INFORMATION CONTACT:
Clinton Chen, Senior Attorney (202–
452–3952), or Sophia Allison, Special
Counsel (202–452–3565), Legal
Division, or Lyle Kumasaka, Senior
Financial Analyst (202–452–2382); for
users of Telecommunications Device for
the Deaf (TDD) only, contact 202–263–
4869; Board of Governors of the Federal
Reserve System, 20th and C Streets NW,
Washington, DC 20551.
SUPPLEMENTARY INFORMATION: The
Federal Reserve Banks make primary
and secondary credit available to
depository institutions as a backup
source of funding on a short-term basis,
usually overnight. The primary and
secondary credit rates are the interest
rates that the twelve Federal Reserve
Banks charge for extensions of credit
under these programs. In accordance
with the Federal Reserve Act, the
primary and secondary credit rates are
established by the boards of directors of
the Federal Reserve Banks, subject to
the review and determination of the
Board.
On December 13, 2017, the Board
voted to approve a 1⁄4 percentage point
increase in the primary credit rate in
effect at each of the twelve Federal
Reserve Banks, thereby increasing from
1.75 percent to 2.00 percent the rate that
each Reserve Bank charges for
extensions of primary credit. In
SUMMARY:
7 CFR Parts 900 and 1200
DATES:
[Docket No. R–1592; RIN 7100 AE–93]
Board of Governors of the
Federal Reserve System.
ACTION: Final rule.
Agricultural Marketing Service
ACTION:
12 CFR Part 201
AGENCY:
DEPARTMENT OF AGRICULTURE
AGENCY:
FEDERAL RESERVE SYSTEM
PO 00000
Frm 00001
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addition, the Board had previously
approved the renewal of the secondary
credit rate formula, the primary credit
rate plus 50 basis points. Under the
formula, the secondary credit rate in
effect at each of the twelve Federal
Reserve Banks increased by 1⁄4
percentage point as a result of the
Board’s primary credit rate action,
thereby increasing from 2.25 percent to
2.50 percent the rate that each Reserve
Bank charges for extensions of
secondary credit. The amendments to
Regulation A reflect these rate changes.
The 1⁄4 percentage point increase in
the primary credit rate was associated
with an increase in the target range for
the federal funds rate (from a target
range of 1 to 11⁄4 percent to a target
range of 11⁄4 to 11⁄2 percent) announced
by the Federal Open Market Committee
on December 13, 2017, as described in
the Board’s amendment of its Regulation
D published elsewhere in today’s
Federal Register.
Administrative Procedure Act
In general, the Administrative
Procedure Act (12 U.S.C. 551 et seq.)
(‘‘APA’’) imposes three principal
requirements when an agency
promulgates legislative rules (rules
made pursuant to congressionally
delegated authority): (1) Publication
with adequate notice of a proposed rule;
(2) followed by a meaningful
opportunity for the public to comment
on the rule’s content; and (3)
publication of the final rule not less
than 30 days before its effective date.
The APA provides that notice and
comment procedures do not apply if the
agency for good cause finds them to be
‘‘unnecessary, impracticable, or contrary
to the public interest.’’ 12 U.S.C.
553(b)(3)(A). Section 553(d) of the APA
also provides that publication at least 30
days prior to a rule’s effective date is not
required for (1) a substantive rule which
grants or recognizes an exemption or
relieves a restriction; (2) interpretive
rules and statements of policy; or (3) a
rule for which the agency finds of good
cause for shortened notice and
publishes its reasoning with the rule. 12
U.S.C. 553(d). The APA further provides
that the notice, public comment, and
delayed effective date requirements of 5
U.S.C. 553 do not apply ‘‘to the extent
that there is involved . . . a matter
relating to agency management or
personnel or to public property, loans,
E:\FR\FM\20DER1.SGM
20DER1
]]>Agencies
[Federal Register Volume 82, Number 243 (Wednesday, December 20, 2017)]
[Rules and Regulations]
[Page 60281]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-27401]
========================================================================
Rules and Regulations
Federal Register
________________________________________________________________________
This section of the FEDERAL REGISTER contains regulatory documents
having general applicability and legal effect, most of which are keyed
to and codified in the Code of Federal Regulations, which is published
under 50 titles pursuant to 44 U.S.C. 1510.
The Code of Federal Regulations is sold by the Superintendent of Documents.
========================================================================
Federal Register / Vol. 82, No. 243 / Wednesday, December 20, 2017 /
Rules and Regulations
[[Page 60281]]
DEPARTMENT OF AGRICULTURE
Agricultural Marketing Service
7 CFR Parts 900 and 1200
[Doc. No. AMS-SC-17-0081]
RIN 0581-AD76
Rules of Practice and Procedures To Formulate or Amend a
Marketing Agreement or a Marketing Order, or Certain Research and
Promotion Orders; Correction
AGENCY: Agricultural Marketing Service, USDA.
ACTION: Final rule; correction.
-----------------------------------------------------------------------
SUMMARY: This document contains a correction to the final rule which
was published on December 11, 2017. In the final rule, the Regulatory
Information Number (RIN) appears as RIN 0581-AD74. This number is
incorrect. The correct number is 0581-AD76. This document corrects the
final rule.
DATES: Effective December 20, 2017.
FOR FURTHER INFORMATION CONTACT: William Richmond, Acting Chief of
Staff, AMS, 1400 Independence Avenue SW, Washington, DC 20250, (202)
720-5115.
SUPPLEMENTARY INFORMATION: In final rule FR Doc. 2017-26718, beginning
at page 58097 of the issue December 11, 2017, make the following
corrections:
On page 58097, in the first column in the heading, correct the RIN
to read ``0581-AD76''.
Dated: December 15, 2017.
Bruce Summers,
Acting Administrator, Agricultural Marketing Service.
[FR Doc. 2017-27401 Filed 12-19-17; 8:45 am]
BILLING CODE 3410-02-P
