Open Meeting of the Advisory Committee on Risk-Sharing Mechanisms, 3107-3108 [2020-00735]
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Federal Register / Vol. 85, No. 12 / Friday, January 17, 2020 / Notices
is publishing this notice in the Federal
Register, in consultation with PBGC and
the Department of Labor, to solicit
public comments on all aspects of the
Fund’s application.
Comments are requested from
interested parties, including
participants and beneficiaries, employee
organizations, and contributing
employers of the Fund. Consideration
will be given to any comments that are
timely received by Treasury.
Dated: January 13, 2020.
David Kautter,
Assistant Secretary for Tax Policy.
[FR Doc. 2020–00731 Filed 1–16–20; 8:45 am]
BILLING CODE 4810–25–P
DEPARTMENT OF THE TREASURY
Multiemployer Pension Plan
Application To Reduce Benefits
Department of the Treasury.
Notice of availability; request
for comments.
AGENCY:
ACTION:
The Board of Trustees of the
Local 807 Labor-Management Pension
Plan (Fund), a multiemployer pension
plan, has submitted an application to
reduce benefits under the plan in
accordance with the Multiemployer
Pension Reform Act of 2014 (MPRA).
The purpose of this notice is to
announce that the application submitted
by the Board of Trustees of the Fund has
been published on the website of the
Department of the Treasury (Treasury),
and to request public comments on the
application from interested parties,
including participants and beneficiaries,
employee organizations, and
contributing employers of the Fund.
DATES: Comments must be received by
March 2, 2020.
ADDRESSES: You may submit comments
electronically through the Federal
eRulemaking Portal at https://
www.regulations.gov, in accordance
with the instructions on that site.
Electronic submissions through
www.regulations.gov are encouraged.
Comments may also be mailed to the
Department of the Treasury, MPRA
Office, 1500 Pennsylvania Avenue NW,
Room 1224, Washington, DC 20220,
Attn: Danielle Norris. Comments sent
via facsimile or email will not be
accepted.
Additional Instructions. All
comments received, including
attachments and other supporting
materials, will be made available to the
public. Do not include any personally
identifiable information (such as your
Social Security number, name, address,
lotter on DSKBCFDHB2PROD with NOTICES
SUMMARY:
VerDate Sep<11>2014
18:20 Jan 16, 2020
Jkt 250001
or other contact information) or any
other information in your comment or
supporting materials that you do not
want publicly disclosed. Treasury will
make comments available for public
inspection and copying on
www.regulations.gov or upon request.
Comments posted on the internet can be
retrieved by most internet search
engines.
FOR FURTHER INFORMATION CONTACT: For
information regarding the application
from the Fund, please contact Treasury
at (202) 622–1534 (not a toll-free
number).
SUPPLEMENTARY INFORMATION: MPRA
amended the Internal Revenue Code to
permit a multiemployer plan that is
projected to have insufficient funds to
reduce pension benefits payable to
participants and beneficiaries if certain
conditions are satisfied. In order to
reduce benefits, the plan sponsor is
required to submit an application to the
Secretary of the Treasury, which must
be approved or denied in consultation
with the Pension Benefit Guaranty
Corporation (PBGC) and the Department
of Labor.
On December 30, 2019, the Board of
Trustees of the Fund submitted an
application for approval to reduce
benefits under the plan. As required by
MPRA, that application has been
published on Treasury’s website at
https://www.treasury.gov/services/
Pages/Plan-Applications.aspx. Treasury
is publishing this notice in the Federal
Register, in consultation with PBGC and
the Department of Labor, to solicit
public comments on all aspects of the
Fund’s application.
Comments are requested from
interested parties, including
participants and beneficiaries, employee
organizations, and contributing
employers of the Fund. Consideration
will be given to any comments that are
timely received by Treasury.
Dated: January 13, 2020.
David Kautter,
Assistant Secretary for Tax Policy.
[FR Doc. 2020–00732 Filed 1–16–20; 8:45 am]
BILLING CODE 4810–25–P
DEPARTMENT OF THE TREASURY
Open Meeting of the Advisory
Committee on Risk-Sharing
Mechanisms
Departmental Offices, U.S.
Department of the Treasury.
ACTION: Notice of open meeting.
AGENCY:
This notice announces that
the U.S. Department of the Treasury’s
SUMMARY:
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3107
Advisory Committee on Risk-Sharing
Mechanisms (ACRSM) will convene a
meeting on Wednesday, February 5,
2020, in the Cash Room, Room 2121,
U.S. Department of the Treasury, 1500
Pennsylvania Ave. NW, Washington, DC
20220, from 2:30 p.m.–4:30 p.m. Eastern
Time. The meeting is open to the public,
and the site is accessible to individuals
with disabilities.
The meeting will be held on
Wednesday, February 5, 2020, from 2:30
p.m.–4:30 p.m. Eastern Time.
DATES:
The ACRSM meeting will
be held in Room 2121 (Cash Room), U.S.
Department of the Treasury, 1500
Pennsylvania Ave. NW, Washington, DC
20220. The meeting will be open to the
public. Because the meeting will be held
in a secured facility, members of the
public who plan to attend the meeting
must either:
1. Register online. Attendees may visit
https://www.cvent.com/d/phqvqx and fill
out a secure online registration form. A
valid email address will be required to
complete online registration. (Note:
Online registration will close at 5:00
p.m. Eastern Time on Thursday, January
30, 2020.)
2. Contact the Federal Insurance
Office at (202) 622–2922, by 5:00 p.m.
Eastern Time on Thursday, January 30,
2020, and provide registration
information.
Requests for reasonable
accommodations under Section 504 of
the Rehabilitation Act should be
directed to Mariam G. Harvey, Office of
Civil Rights and Diversity, U.S.
Department of the Treasury at (202)
622–0316, or mariam.harvey@
do.treas.gov.
ADDRESSES:
FOR FURTHER INFORMATION CONTACT:
Richard Ifft, Senior Insurance
Regulatory Policy Analyst, Federal
Insurance Office, U.S. Department of the
Treasury, 1500 Pennsylvania Ave. NW,
Room 1410 MT, Washington, DC 20220,
at (202) 622–2922 (this is not a toll-free
number). Persons who have difficulty
hearing or speaking may access this
number via TTY by calling the toll-free
Federal Relay Service at (800) 877–8339.
Notice of
this meeting is provided in accordance
with the Federal Advisory Committee
Act, 5 U.S.C. App. 10(a)(2), through
implementing regulations at 41 CFR
102–3.150.
Public Comment: Members of the
public wishing to comment on the
business of the ACRSM are invited to
submit written statements by any of the
following methods:
SUPPLEMENTARY INFORMATION:
E:\FR\FM\17JAN1.SGM
17JAN1
3108
Federal Register / Vol. 85, No. 12 / Friday, January 17, 2020 / Notices
engage in some amount of pre-funding
of risk exposures.
Electronic Statements
• Send electronic comments to
acrsm@treasury.gov.
lotter on DSKBCFDHB2PROD with NOTICES
Paper Statements
• Send paper statements in triplicate
to the Advisory Committee on RiskSharing Mechanisms, U.S. Department
of the Treasury, 1500 Pennsylvania Ave.
NW, Room 1410 MT, Washington, DC
20220.
In general, the U.S. Department of the
Treasury will post all statements on its
website https://home.treasury.gov/
policy-issues/financial-marketsfinancial-institutions-and-fiscal-service/
federal-insurance-office/terrorism-riskinsurance-program/advisory-committeeon-risk-sharing-mechanisms-acrsm
without change, including any business
or personal information provided such
as names, addresses, email addresses, or
telephone numbers. The U.S.
Department of the Treasury will also
make such statements available for
public inspection and copying in the
U.S. Department of the Treasury’s
Library, 720 Madison Place NW, Room
1020, Washington, DC 20220, on official
business days between the hours of
10:00 a.m. and 5:00 p.m. Eastern Time.
You can make an appointment to
inspect statements by telephoning (202)
622–2000. All statements received,
including attachments and other
supporting materials, are part of the
public record and subject to public
disclosure. You should submit only
information that you wish to make
available publicly.
Background: The ACRSM provides
advice and recommendations to the
Federal Insurance Office (FIO) with
respect to the creation and development
of non-governmental, private market
risk-sharing mechanisms for protection
against losses arising from acts of
terrorism.
Tentative Agenda/Topics for
Discussion: This will be the first
ACRSM meeting of 2020. In this
meeting, the ACRSM will address,
consistent with its charter’s mandate,
topics related to the role of
nongovernmental mechanisms in
supporting the terrorism risk insurance
market. The ACRSM will receive and
discuss updates from its various
subcommittees, addressing the financial
sharing mechanisms of the Terrorism
Risk Insurance Program (TRIP); nuclear,
biological, chemical, and radiological
risk and its treatment under TRIP; cyber
insurance and associated certification
issues under TRIP presented by cyberrelated losses; and issues related to
other risk-sharing mechanisms that
VerDate Sep<11>2014
18:20 Jan 16, 2020
Jkt 250001
Dated: January 14, 2020.
J. Tyler Williams,
Deputy Assistant Secretary for Financial
Institutions Policy.
[FR Doc. 2020–00735 Filed 1–16–20; 8:45 am]
BILLING CODE 4810–25–P
DEPARTMENT OF THE TREASURY
Debt Management Advisory Committee
Meeting
Notice is hereby given, pursuant to 5
U.S.C. App. 2, 10(a)(2), that a meeting
will be held at the United States
Treasury Department, 15th Street and
Pennsylvania Avenue NW, Washington,
DC, on February 04, 2020 at 8:00 a.m.
of the following debt management
advisory committee: Treasury
Borrowing Advisory Committee of The
Securities Industry and Financial
Markets Association.
The agenda for the meeting provides
for a charge by the Secretary of the
Treasury or his designate that the
Committee discuss particular issues and
conduct a working session. Following
the working session, the Committee will
present a written report of its
recommendations. The meeting will be
closed to the public, pursuant to 5
U.S.C. App. 2, 10(d) and Public Law
103–202, 202(c)(1)(B)(31 U.S.C. 3121
note).
This notice shall constitute my
determination, pursuant to the authority
placed in heads of agencies by 5 U.S.C.
App. 2, 10(d) and vested in me by
Treasury Department Order No. 101–05,
that the meeting will consist of
discussions and debates of the issues
presented to the Committee by the
Secretary of the Treasury and the
making of recommendations of the
Committee to the Secretary, pursuant to
Public Law 103–202, 202(c)(1)(B). Thus,
this information is exempt from
disclosure under that provision and 5
U.S.C. 552b(c)(3)(B). In addition, the
meeting is concerned with information
that is exempt from disclosure under 5
U.S.C. 552b(c)(9)(A). The public interest
requires that such meetings be closed to
the public because the Treasury
Department requires frank and full
advice from representatives of the
financial community prior to making its
final decisions on major financing
operations. Historically, this advice has
been offered by debt management
advisory committees established by the
several major segments of the financial
community. When so utilized, such a
committee is recognized to be an
PO 00000
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Sfmt 4703
advisory committee under 5 U.S.C. App.
2, 3.
Although the Treasury’s final
announcement of financing plans may
not reflect the recommendations
provided in reports of the Committee,
premature disclosure of the Committee’s
deliberations and reports would be
likely to lead to significant financial
speculation in the securities market.
Thus, this meeting falls within the
exemption covered by 5 U.S.C.
552b(c)(9)(A).
Treasury staff will provide a technical
briefing to the press on the day before
the Committee meeting, following the
release of a statement of economic
conditions and financing estimates. This
briefing will give the press an
opportunity to ask questions about
financing projections. The day after the
Committee meeting, Treasury will
release the minutes of the meeting, any
charts that were discussed at the
meeting, and the Committee’s report to
the Secretary.
The Office of Debt Management is
responsible for maintaining records of
debt management advisory committee
meetings and for providing annual
reports setting forth a summary of
Committee activities and such other
matters as may be informative to the
public consistent with the policy of 5
U.S.C. 552(b). The Designated Federal
Officer or other responsible agency
official who may be contacted for
additional information is Fred
Pietrangeli, Director for Office of Debt
Management (202) 622–1876.
Dated: January 8, 2020.
Fred Pietrangeli,
Director (for Office of Debt Management).
[FR Doc. 2020–00334 Filed 1–16–20; 8:45 am]
BILLING CODE 4810–25–M
UNIFIED CARRIER REGISTRATION
PLAN
Sunshine Act Meeting Notice; Unified
Carrier Registration Plan Board
Subcommittee Meetings
January 27, 2020, from
9:00 a.m. to 5:00 p.m., Central time.
PLACE: Drury Inn & Suites Riverwalk
Hotel, 201 N. St. Mary’s Street, San
Antonio, TX. These meetings will also
be accessible via conference call. Any
interested person may call 1–866–210–
1669, passcode 5253902#, to listen and
participate in the open portions of these
meetings.
STATUS: These meetings will be open to
the public.
MATTERS TO BE CONSIDERED: The Unified
Carrier Registration Plan Board
TIME AND DATE:
E:\FR\FM\17JAN1.SGM
17JAN1
Agencies
[Federal Register Volume 85, Number 12 (Friday, January 17, 2020)]
[Notices]
[Pages 3107-3108]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-00735]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Open Meeting of the Advisory Committee on Risk-Sharing Mechanisms
AGENCY: Departmental Offices, U.S. Department of the Treasury.
ACTION: Notice of open meeting.
-----------------------------------------------------------------------
SUMMARY: This notice announces that the U.S. Department of the
Treasury's Advisory Committee on Risk-Sharing Mechanisms (ACRSM) will
convene a meeting on Wednesday, February 5, 2020, in the Cash Room,
Room 2121, U.S. Department of the Treasury, 1500 Pennsylvania Ave. NW,
Washington, DC 20220, from 2:30 p.m.-4:30 p.m. Eastern Time. The
meeting is open to the public, and the site is accessible to
individuals with disabilities.
DATES: The meeting will be held on Wednesday, February 5, 2020, from
2:30 p.m.-4:30 p.m. Eastern Time.
ADDRESSES: The ACRSM meeting will be held in Room 2121 (Cash Room),
U.S. Department of the Treasury, 1500 Pennsylvania Ave. NW, Washington,
DC 20220. The meeting will be open to the public. Because the meeting
will be held in a secured facility, members of the public who plan to
attend the meeting must either:
1. Register online. Attendees may visit https://www.cvent.com/d/phqvqx and fill out a secure online registration form. A valid email
address will be required to complete online registration. (Note: Online
registration will close at 5:00 p.m. Eastern Time on Thursday, January
30, 2020.)
2. Contact the Federal Insurance Office at (202) 622-2922, by 5:00
p.m. Eastern Time on Thursday, January 30, 2020, and provide
registration information.
Requests for reasonable accommodations under Section 504 of the
Rehabilitation Act should be directed to Mariam G. Harvey, Office of
Civil Rights and Diversity, U.S. Department of the Treasury at (202)
622-0316, or [email protected].
FOR FURTHER INFORMATION CONTACT: Richard Ifft, Senior Insurance
Regulatory Policy Analyst, Federal Insurance Office, U.S. Department of
the Treasury, 1500 Pennsylvania Ave. NW, Room 1410 MT, Washington, DC
20220, at (202) 622-2922 (this is not a toll-free number). Persons who
have difficulty hearing or speaking may access this number via TTY by
calling the toll-free Federal Relay Service at (800) 877-8339.
SUPPLEMENTARY INFORMATION: Notice of this meeting is provided in
accordance with the Federal Advisory Committee Act, 5 U.S.C. App.
10(a)(2), through implementing regulations at 41 CFR 102-3.150.
Public Comment: Members of the public wishing to comment on the
business of the ACRSM are invited to submit written statements by any
of the following methods:
[[Page 3108]]
Electronic Statements
Send electronic comments to [email protected].
Paper Statements
Send paper statements in triplicate to the Advisory
Committee on Risk-Sharing Mechanisms, U.S. Department of the Treasury,
1500 Pennsylvania Ave. NW, Room 1410 MT, Washington, DC 20220.
In general, the U.S. Department of the Treasury will post all
statements on its website https://home.treasury.gov/policy-issues/financial-markets-financial-institutions-and-fiscal-service/federal-insurance-office/terrorism-risk-insurance-program/advisory-committee-on-risk-sharing-mechanisms-acrsm without change, including any business
or personal information provided such as names, addresses, email
addresses, or telephone numbers. The U.S. Department of the Treasury
will also make such statements available for public inspection and
copying in the U.S. Department of the Treasury's Library, 720 Madison
Place NW, Room 1020, Washington, DC 20220, on official business days
between the hours of 10:00 a.m. and 5:00 p.m. Eastern Time. You can
make an appointment to inspect statements by telephoning (202) 622-
2000. All statements received, including attachments and other
supporting materials, are part of the public record and subject to
public disclosure. You should submit only information that you wish to
make available publicly.
Background: The ACRSM provides advice and recommendations to the
Federal Insurance Office (FIO) with respect to the creation and
development of non-governmental, private market risk-sharing mechanisms
for protection against losses arising from acts of terrorism.
Tentative Agenda/Topics for Discussion: This will be the first
ACRSM meeting of 2020. In this meeting, the ACRSM will address,
consistent with its charter's mandate, topics related to the role of
nongovernmental mechanisms in supporting the terrorism risk insurance
market. The ACRSM will receive and discuss updates from its various
subcommittees, addressing the financial sharing mechanisms of the
Terrorism Risk Insurance Program (TRIP); nuclear, biological, chemical,
and radiological risk and its treatment under TRIP; cyber insurance and
associated certification issues under TRIP presented by cyber-related
losses; and issues related to other risk-sharing mechanisms that engage
in some amount of pre-funding of risk exposures.
Dated: January 14, 2020.
J. Tyler Williams,
Deputy Assistant Secretary for Financial Institutions Policy.
[FR Doc. 2020-00735 Filed 1-16-20; 8:45 am]
BILLING CODE 4810-25-P