Regulatory Capital Rule: Capital Simplification for Qualifying Community Banking Organizations, 10968 [C1-2019-23472]
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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.
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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.
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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.
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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.
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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]
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BILLING CODE 3410–05–P
BILLING CODE 1301–00–D
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[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
