Regulatory Capital Rule: Capital Simplification for Qualifying Community Banking Organizations, 10968 [C1-2019-23472]

Download as PDF 10968 Federal Register / Vol. 85, No. 38 / Wednesday, February 26, 2020 / Rules and Regulations 3 of the most recent 5 calendar years, calculate the one transitional livestock beginning inventory histories by multiplying the approved birthing rate or drop rate percentage for the unweaned livestock operation times the applicable cow, ewe, or nanny LBIH times 100 percent. * * * * * Subpart E—Tree Assistance Program § 1416.400 [Amended] 26. Amend § 1416.400 in paragraph (a) by removing the words ‘‘by the Bipartisan Budget Act of 2018 (Pub. L. 115–123), and the Consolidated Appropriations Act, 2018 (Pub. L. 115– 141)’’. ■ 27. Amend § 1416.402 by adding in alphabetical order a definition for ‘‘Commercially viable’’ and revising the definition of ‘‘Natural disaster’’ to read as follows: ■ § 1416.402 § 1416.404 [Amended] 29. Amend § 1416.404 in paragraph (a)(2) by removing the words ‘‘occurring on or after October 1, 2011’’. ■ § 1416.405 [Amended] ■ 30. Amend § 1416.405 as follows: ■ a. Remove paragraph (a); b. Redesignate paragraphs (b) through (e) as paragraphs (a) through (d), respectively; and ■ Definitions. * * * * * Commercially viable means an eligible tree, bush, or vine, though damaged, that can rejuvenate and return to an acceptable level of commercial production at some time with rehabilitation and without replanting. A commercially viable tree, bush, or vine, regardless of the extent of damage or years of reduced production, is always excluded and never included as part of mortality under § 1416.403. * * * * * Natural disaster means plant disease, insect infestation, drought, fire, freeze, flood, earthquake, lightning, or other natural occurrence. Each of these types of disasters must be extreme, abnormal, and damaging as well as of significant magnitude or severity, as determined by the Deputy Administrator. * * * * * 28. Amend § 1416.403 in paragraph (g) by adding two sentences to the end to read as follows: ■ khammond on DSKJM1Z7X2PROD with RULES (g) * * * The qualifying mortality loss will be determined based on the eligible trees, bushes, or vines that reached mortality, which means that the tree, bush, or vine died, above and below ground, as a result of an eligible natural disaster event. If an eligible tree, bush, or vine is damaged to such an extent that it is not commercially viable, now or at any time in the future, the tree, bush, or vine can be considered dead in determining if the requisite qualifying mortality loss threshold in paragraph (a) of this section is reached. c. In newly redesignated paragraph (a), remove the words ‘‘that occurred during the 2017 and subsequent calendar years’’ and remove the words ‘‘by the later of December 3, 2018’’. ■ § 1416.406 ■ [Amended] 31. Amend § 1416.406 as follows: a. In paragraphs (a)(1)(i) and (a)(2)(i), add the words ‘‘for eligible producers, or 75 percent of the actual cost of the practice for an eligible producer who is a beginning or veteran farmer or rancher’’ after the word ‘‘practice’’; ■ DEPARTMENT OF TREASURY Office of the Comptroller of the Currency 12 CFR Parts 1, 3, 5, 6, 23, 24, 32, 34, 160, and 192 [Docket ID OCC–2018–0040] RIN 1557–AE59 FEDERAL RESERVE SYSTEM 12 CFR Parts 206, 208, 211, 215, 217, 223, 225, 238, and 251 [Regulation Q; Docket No. R–1638] RIN 7100–AF 29 FEDERAL DEPOSIT INSURANCE CORPORATION 12 CFR Parts 303, 324, 337, 347, 362, 365, and 390 RIN 3064–AE91 Regulatory Capital Rule: Capital Simplification for Qualifying Community Banking Organizations Correction In rule document 2019–23472 beginning on page 61776 in the issue of Wednesday, November 13, 2019, make the following correction: § 6.4 [Corrected] Executive Vice President, Commodity Credit Corporation. 1. On page 61794, in § 6.4, in the second column, beginning on the 21st line, amendatory instruction 13 should read: ■ 13. Section 6.4 is amended by: ■ a. Revising the section heading; ■ b. Revising paragraph (a); ■ c. Removing paragraph (b); ■ d. Redesignating paragraph (c) as paragraph (b); ■ e. Revising newly designated paragraph (b) introductory text and paragraph (b)(1); and ■ f. Redesignating paragraphs (d) and (e) as paragraphs (c) and (d), respectively. b. In paragraph (j), remove the words ‘‘occurred on or after October 1, 2011, can not’’ and add the word ‘‘cannot’’ in their place. ■ Richard Fordyce, Administrator, Farm Service Agency. Robert Stephenson, ■ § 1416.403 Eligible losses. [FR Doc. 2020–03841 Filed 2–25–20; 8:45 am] [FR Doc. C1–2019–23472 Filed 2–25–20; 8:45 am] * * BILLING CODE 3410–05–P BILLING CODE 1301–00–D * VerDate Sep<11>2014 * * 16:11 Feb 25, 2020 Jkt 250001 PO 00000 Frm 00010 Fmt 4700 Sfmt 4700 E:\FR\FM\26FER1.SGM 26FER1

Agencies

[Federal Register Volume 85, Number 38 (Wednesday, February 26, 2020)]
[Rules and Regulations]
[Page 10968]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: C1-2019-23472]


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DEPARTMENT OF TREASURY

Office of the Comptroller of the Currency

12 CFR Parts 1, 3, 5, 6, 23, 24, 32, 34, 160, and 192

[Docket ID OCC-2018-0040]
RIN 1557-AE59

FEDERAL RESERVE SYSTEM

12 CFR Parts 206, 208, 211, 215, 217, 223, 225, 238, and 251

[Regulation Q; Docket No. R-1638]
RIN 7100-AF 29

FEDERAL DEPOSIT INSURANCE CORPORATION

12 CFR Parts 303, 324, 337, 347, 362, 365, and 390

RIN 3064-AE91


Regulatory Capital Rule: Capital Simplification for Qualifying 
Community Banking Organizations

Correction

    In rule document 2019-23472 beginning on page 61776 in the issue of 
Wednesday, November 13, 2019, make the following correction:


Sec.  6.4  [Corrected]

0
1. On page 61794, in Sec.  6.4, in the second column, beginning on the 
21st line, amendatory instruction 13 should read:
0
13. Section 6.4 is amended by:
0
a. Revising the section heading;
0
b. Revising paragraph (a);
0
c. Removing paragraph (b);
0
d. Redesignating paragraph (c) as paragraph (b);
0
e. Revising newly designated paragraph (b) introductory text and 
paragraph (b)(1); and
0
f. Redesignating paragraphs (d) and (e) as paragraphs (c) and (d), 
respectively.

[FR Doc. C1-2019-23472 Filed 2-25-20; 8:45 am]
BILLING CODE 1301-00-D