Sunshine Act Meeting, 43650-43651 [2020-15605]

Agencies

• UNIFIED CARRIER REGISTRATION PLAN

[Federal Register Volume 85, Number 138 (Friday, July 17, 2020)]
[Notices]
[Pages 43650-43651]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-15605]


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UNIFIED CARRIER REGISTRATION PLAN


Sunshine Act Meeting

TIME AND DATE: July 23, 2020, from Noon to 2:00 p.m., Eastern time.

PLACE: This meeting will be accessible via conference call and via Zoom 
Meeting and Screenshare. Any interested person may call (i) 1-929-205-
6099 (U.S. Toll) or 1-669-900-6833 (U.S. Toll) or (ii) 1-877-853-5247 
(U.S. Toll Free) or 1-888-788-0099 (U.S. Toll Free), Meeting ID: 952 
5849 8325, to listen and participate in this meeting. The website to 
participate via Zoom Meeting and Screenshare is https://kellen.zoom.us/j/95258498325.

STATUS: This meeting will be open to the public.

MATTERS TO BE CONSIDERED: The Unified Carrier Registration Plan Finance 
Subcommittee (the ``Subcommittee'') will continue its work in 
developing and implementing the Unified Carrier Registration Plan and 
Agreement. The subject matter of this meeting will include:

Proposed Agenda

I. Call to Order--UCR Subcommittee Chair

    The Subcommittee Chair will welcome attendees, call the meeting to 
order, call roll for the Subcommittee, confirm whether a quorum is 
present, and facilitate self-introductions.

II. Verification of Publication of Meeting Notice--UCR Executive 
Director

    The UCR Executive Director will verify the publication of the 
meeting notice on the UCR website and distribution to the UCR contact 
list via email followed by the subsequent publication of the notice in 
the Federal Register.

III. Review and Approval of Subcommittee Agenda and Setting of Ground 
Rules--Subcommittee Chair

For Discussion and Possible Subcommittee Action
    The Subcommittee Agenda will be reviewed, and the Subcommittee will 
consider adoption.
Ground Rules
Subcommittee action only to be taken in designated areas on agenda

IV. Approval of Minutes From January 27, 2020 Meeting--Subcommittee 
Chair

For Discussion and Possible Subcommittee Action
     Draft minutes from the January 27, 2020 Finance 
Subcommittee meeting will be reviewed. The Subcommittee will consider 
action to approve.

V. Proposed Policy for UCR Board Fee Recommendations--UCR Depository 
Manager

For Discussion and Possible Subcommittee Action
    The UCR Depository Manager will present a draft of a proposed 
policy regarding recommendations by the Board to the Secretary of the 
U.S. Department of Transportation regarding possible UCR fee changes 
that the Board may recommend from time-to-time as conditions warrant. 
The policy will include a general-purpose description, guidelines for 
interacting with the Federal Motor Carrier Safety Administration 
(FMCSA), timelines regarding submission of fee change recommendations, 
and the methodology that will be used to quantify fee changes. The 
Subcommittee may take action to recommend adoption of the proposed 
policy to the Board.

VI. Proposed Amendment to Refunds Procedure--UCR Depository Manager

For Discussion and Possible Subcommittee Action
    The UCR Depository Manager will present a draft of a proposed 
amendment regarding the issuance of refunds, especially when related to 
refunding permitting services that register motor carriers without 
consent. The Subcommittee may take action to recommend adoption of the 
proposed amendment to the Board.

VII. UCR Investments--UCR Depository Manager

For Discussion and Possible Subcommittee Action
    Representatives from the Bank of North Dakota and Truist Bank 
(formerly SunTrust) will discuss the current investment landscape with 
the Subcommittee and potentially offer recommendations for investment 
options within current economic conditions. (Each presentation to last 
approximately 15 minutes). The Subcommittee may take action to 
recommend potential investment options to the Board.

VIII. Certificates of Deposit--UCR Depository Manager

For Discussion and Possible Subcommittee Action
    The UCR Depository Manager will provide a report on activities 
required to redeem one certificate of deposit at the Bank of North 
Dakota scheduled to mature on August 5, 2020 as well as discuss the 
need to reinvest proceeds from the matured CD. The Subcommittee may 
take action to recommend adoption of the CD reinvestment proposal to 
the Board.

IX. Board Insurance--UCR Depository Manager

For Discussion and Possible Subcommittee Action
    The UCR Depository Manager will provide an update on plans to 
procure insurance for the UCR Board and Officers (Directors and 
Officers and Cybersecurity policies). The Subcommittee may take action 
to recommend adoption of the proposal to the Board.

X. Review 2020 Administrative Expenses Through June 30, 2020--UCR 
Depository Manager

    The UCR Depository Manager will present the administrative costs 
incurred for the period of January 1, 2020 through June 30, 2020, 
compare to the budget for the same time-period, and discuss all 
significant variances.

XI. Review 2021 Proposed Administrative Budget--UCR Depository Manager

For Discussion and Possible Subcommittee Action
    The UCR Depository Manager will present the preliminary budget for 
administrative operating expenses planned during the calendar year 
2021. The Subcommittee may take action to recommend adoption of a 2021 
proposed administrative budget to the Board.

XII. Review 2022-2023 Proposed Administrative Budgets--UCR Depository 
Manager

For Discussion and Possible Subcommittee Action
    The UCR Depository Manager will present the preliminary budgets for 
administrative operating expenses planned during the calendar years 
2022-2023 that will be used to establish the amount of the 
Administrative Reserve. The Subcommittee may take action to recommend 
adoption of a 2022-2023 proposed administrative budget to the Board.

[[Page 43651]]

XIII. Update on Current Financial Reserve Funds--UCR Depository Manager

    The UCR Depository Manager will discuss the two financial reserves 
authorized by the Board, compare them to current bank account balances, 
and address any over/under-funding of the accounts including plans to 
address funding differences.

XIV. Final 2020 Distributions to States--UCR Depository Manager

For Discussion and Possible Subcommittee Action
    The UCR Depository Manager will present a proposed plan for the 
final distribution to states for the 2020 registration year expected to 
be completed in August. The Subcommittee may take action to recommend 
to the Board adoption of final 2020 distributions to the states.

XV. Other Business--Subcommittee Chair

    The Subcommittee Chair will call for any other items the 
Subcommittee members would like to discuss.

XVI. Adjournment--Subcommittee Chair

    The Subcommittee Chair will adjourn the meeting.

    The agenda will be available no later than 5:00 p.m. Eastern time, 
July 14, 2020 at: https://plan.ucr.gov.

CONTACT PERSON FOR MORE INFORMATION: Elizabeth Leaman, Chair, Unified 
Carrier Registration Plan Board of Directors, (617) 305-3783, 
[email protected].

Alex B. Leath,
Chief Legal Officer, Unified Carrier Registration Plan.
[FR Doc. 2020-15605 Filed 7-15-20; 11:15 am]
BILLING CODE 4910-YL-P