Interest Rate Paid on Cash Deposited To Secure U.S. Immigration and Customs Enforcement Immigration Bonds, 5560 [2019-02853]

Download as PDF 5560 Federal Register / Vol. 84, No. 35 / Thursday, February 21, 2019 / Notices ensure that the MirrorEyeTM CMS is functioning properly at all times. Section 396.7 of the FMCSRs, ‘‘Unsafe operations forbidden,’’ prohibits any vehicle from being operated in such a condition as to likely cause an accident or breakdown of the vehicle. Section 392.7(a) requires each CMV driver to satisfy himself/herself that a vehicle is in safe condition before operating the vehicle, which would include ensuring that the rear-vision mirrors (or in this case, the MirrorEyeTM CMS)—are in good working order. Similarly, section 396.13(a) of the FMCSRs requires that, before driving a vehicle, a driver must be satisfied that the vehicle is in safe operating condition. If the MirrorEyeTM CMS (effectively functioning as the rear vision mirrors) fails during operation, the driver must complete a driver vehicle inspection report at the completion of the work day as required by section 396.11 of the FMCSRs, and the motor carrier must ensure that the defect is corrected. amozie on DSK3GDR082PROD with NOTICES1 Terms and Conditions for the Exemption The Agency hereby grants the exemption for a 5-year period, beginning February 21, 2019 and ending February 13, 2024. During the temporary exemption period, motor carriers operating CMVs may utilize the Stoneridge MirrorEyeTM CMS installed in lieu of the two rear-vision mirrors required by section 393.80 of the FMCSRs. FMCSA emphasizes that this exemption is limited to the Stoneridge MirrorEyeTM CMS, and does not apply to any other camera-based mirror replacement system/technology. Section 396.7 of the FMCSRs, ‘‘Unsafe operations forbidden,’’ prohibits any vehicle from being operated in such a condition as to likely cause an accident or a breakdown of the vehicle. If the camera or monitor system fails during normal vehicle operation on the highway, continued operation of the vehicle shall be forbidden until (1) the MirrorEyeTM CMS can be repaired, or (2) conventional rear-vision mirrors that are compliant with section 393.80 are installed on the vehicle. The exemption will be valid for 5 years unless rescinded earlier by FMCSA. The exemption will be rescinded if: (1) Motor carriers and/or CMVs fail to comply with the terms and conditions of the exemption; (2) the exemption has resulted in a lower level of safety than was maintained before it was granted; or (3) continuation of the exemption would not be consistent with the goals and objectives of 49 U.S.C. 31136(e) and 31315(b). VerDate Sep<11>2014 17:08 Feb 20, 2019 Jkt 247001 Interested parties possessing information that would demonstrate that motor carriers operating commercial motor vehicles utilizing the Stoneridge MirrorEyeTM CMS installed as an alternative to the two rear-vision mirrors required by section 393.80 of the FMCSRs are not achieving the requisite statutory level of safety should immediately notify FMCSA. The Agency will evaluate any such information and, if safety is being compromised or if the continuation of the exemption is not consistent with 49 U.S.C. 31136(e) and 31315(b), will take immediate steps to revoke the exemption. Preemption In accordance with 49 U.S.C. 31313(d), as implemented by 49 CFR 381.600, during the period this exemption is in effect, no State shall enforce any law or regulation applicable to interstate commerce that conflicts with or is inconsistent with this exemption with respect to a firm or person operating under the exemption. States may, but are not required to, adopt the same exemption with respect to operations in intrastate commerce. Issued on: February 13, 2019. Raymond P. Martinez, Administrator. [FR Doc. 2019–02953 Filed 2–20–19; 8:45 am] BILLING CODE 4910–EX–P DEPARTMENT OF THE TREASURY Interest Rate Paid on Cash Deposited To Secure U.S. Immigration and Customs Enforcement Immigration Bonds Departmental Offices, Treasury. ACTION: Notice. FOR FURTHER INFORMATION CONTACT: Ryan Hanna, Manager, Funds Management Branch, Funds Management Division, Fiscal Accounting, Bureau of the Fiscal Service, Parkersburg, West Virginia 26106–1328 (304) 480–5120; Will Walcutt, Supervisor, Funds Management Branch, Funds Management Division, Fiscal Accounting, Bureau of the Fiscal Services, Parkersburg, West Virginia 26106–1328, (304) 480–5117. SUPPLEMENTARY INFORMATION: Federal law requires that interest payments on cash deposited to secure immigration bonds shall be ‘‘at a rate determined by the Secretary of the Treasury, except that in no case shall the interest rate exceed 3 per centum per annum.’’ 8 U.S.C. 1363(a). Related Federal regulations state that ‘‘Interest on cash deposited to secure immigration bonds will be at the rate as determined by the Secretary of the Treasury, but in no case will exceed 3 per centum per annum or be less than zero.’’ 8 CFR 293.2. Treasury has determined that interest on the bonds will vary quarterly and will accrue during each calendar quarter at a rate equal to the lesser of the average of the bond equivalent rates on 91-day Treasury bills auctioned during the preceding calendar quarter, or 3 per centum per annum, but in no case less than zero. [FR Doc. 2015–18545] In addition to this Notice, Treasury posts the current quarterly rate in Table 2b— Interest Rates for Specific Legislation on the TreasuryDirect website. Gary Grippo, Deputy Assistant Secretary for Public Finance. [FR Doc. 2019–02853 Filed 2–20–19; 8:45 am] BILLING CODE 4810–25–P AGENCY: For the period beginning January 1, 2019, and ending on March 31, 2019, the U.S. Immigration and Customs Enforcement Immigration Bond interest rate is 2.38 per centum per annum. DATES: Rates are applicable January 1, 2019 to March 31, 2019. ADDRESSES: Comments or inquiries may be mailed to Will Walcutt, Supervisor, Funds Management Branch, Funds Management Division, Fiscal Accounting, Bureau of the Fiscal Services, Parkersburg, West Virginia 26106–1328. You can download this notice at the following internet addresses: https:// www.treasury.gov or https:// www.federalregister.gov. SUMMARY: PO 00000 Frm 00157 Fmt 4703 Sfmt 4703 DEPARTMENT OF THE TREASURY Social Impact Partnerships To Pay for Results Act Demonstration Projects Office of Economic Policy, Treasury. ACTION: Notice of funding availability. AGENCY: The Department of the Treasury (Treasury) is issuing this Notice of Funding Availability (NOFA) to invite applications from State and local governments for awards under the Social Impact Partnerships to Pay for Results Act (SIPPRA).1 An award recipient will receive payment if a specified outcome of the social impact partnership project is achieved, as SUMMARY: 1 Public Law 115–123, Division E, Title VIII, 132 Stat. 269, 42 U.S.C. 1397n–1397n–13. E:\FR\FM\21FEN1.SGM 21FEN1

Agencies

[Federal Register Volume 84, Number 35 (Thursday, February 21, 2019)]
[Notices]
[Page 5560]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-02853]


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DEPARTMENT OF THE TREASURY


Interest Rate Paid on Cash Deposited To Secure U.S. Immigration 
and Customs Enforcement Immigration Bonds

AGENCY: Departmental Offices, Treasury.

ACTION: Notice.

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SUMMARY: For the period beginning January 1, 2019, and ending on March 
31, 2019, the U.S. Immigration and Customs Enforcement Immigration Bond 
interest rate is 2.38 per centum per annum.

DATES: Rates are applicable January 1, 2019 to March 31, 2019.

ADDRESSES: Comments or inquiries may be mailed to Will Walcutt, 
Supervisor, Funds Management Branch, Funds Management Division, Fiscal 
Accounting, Bureau of the Fiscal Services, Parkersburg, West Virginia 
26106-1328.
    You can download this notice at the following internet addresses: 
https://www.treasury.gov or https://www.federalregister.gov.

FOR FURTHER INFORMATION CONTACT: Ryan Hanna, Manager, Funds Management 
Branch, Funds Management Division, Fiscal Accounting, Bureau of the 
Fiscal Service, Parkersburg, West Virginia 26106-1328 (304) 480-5120; 
Will Walcutt, Supervisor, Funds Management Branch, Funds Management 
Division, Fiscal Accounting, Bureau of the Fiscal Services, 
Parkersburg, West Virginia 26106-1328, (304) 480-5117.

SUPPLEMENTARY INFORMATION: Federal law requires that interest payments 
on cash deposited to secure immigration bonds shall be ``at a rate 
determined by the Secretary of the Treasury, except that in no case 
shall the interest rate exceed 3 per centum per annum.'' 8 U.S.C. 
1363(a). Related Federal regulations state that ``Interest on cash 
deposited to secure immigration bonds will be at the rate as determined 
by the Secretary of the Treasury, but in no case will exceed 3 per 
centum per annum or be less than zero.'' 8 CFR 293.2. Treasury has 
determined that interest on the bonds will vary quarterly and will 
accrue during each calendar quarter at a rate equal to the lesser of 
the average of the bond equivalent rates on 91-day Treasury bills 
auctioned during the preceding calendar quarter, or 3 per centum per 
annum, but in no case less than zero. [FR Doc. 2015-18545] In addition 
to this Notice, Treasury posts the current quarterly rate in Table 2b--
Interest Rates for Specific Legislation on the TreasuryDirect website.

Gary Grippo,
Deputy Assistant Secretary for Public Finance.
[FR Doc. 2019-02853 Filed 2-20-19; 8:45 am]
 BILLING CODE 4810-25-P
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