Temporary Actions To Support the Flow of Credit to Households and Businesses by Encouraging Use of Intraday Credit; Extension of Expiration Date, 63114-63115 [2020-22005]

Download as PDF 63114 Federal Register / Vol. 85, No. 194 / Tuesday, October 6, 2020 / Notices FOR FURTHER INFORMATION CONTACT: Justin L. Faulb, Designated Federal Authority (DFO) of the BDAC, at justin.faulb@fcc.gov or 202–418–1589; Zachary Ross, Deputy DFO of the BDAC, at Zachary.ross@fcc.gov or 202–418– 1033; or Belinda Nixon, Deputy DFO of the BDAC, at 202–418–1382, or Belinda.Nixon@fcc.gov. The TTY number is: (202) 418–0484. The BDAC meeting is open to the public on the internet via live feed from the FCC’s web page at http://www.fcc.gov/live. Open captioning will be provided for this event. Other reasonable accommodations for people with disabilities are available upon request. Requests for such accommodations should be submitted via email to fcc504@fcc.gov or by calling the Consumer & Governmental Affairs Bureau at (202) 418–0530 (voice), (202) 418–0432 (TTY). Such requests should include a detailed description of the accommodation needed. 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This agenda may be modified at the discretion of the BDAC Chair and the Designated Federal Officer (DFO). khammond on DSKJM1Z7X2PROD with NOTICES PROPOSED AGENDA: Federal Communications Commission. Pamela Arluk, Chief, Competition Policy Division, Wireline Competition Bureau. [FR Doc. 2020–22029 Filed 10–5–20; 8:45 am] BILLING CODE 6712–01–P FEDERAL LABOR RELATIONS AUTHORITY Senior Executive Service Performance Review Board Federal Labor Relations Authority. AGENCY: ACTION: Notice. The Federal Labor Relations Authority (FLRA) publishes the names of the persons selected to serve on its SES Performance Review Board (PRB). This notice supersedes all previous notices of the PRB membership. SUMMARY: DATES: Upon publication. Written comments about this notice can be mailed to the Case Intake and Publication Office, Federal Labor Relations Authority, 1400 K Street NW, Washington, DC 20424. ADDRESSES: FOR FURTHER INFORMATION CONTACT: Michael Jeffries, Executive Director, Federal Labor Relations Authority, 1400 K St. NW, Washington, DC 20424, (202) 218–7982, mjeffries@flra.gov. Section 4314(c) of Title 5, U.S.C. requires each agency to establish, in accordance with regulations prescribed by the Office of Personnel Management, one or more PRBs. The PRB shall review and evaluate the initial appraisal of a senior executive’s performance by the supervisor, along with any response by the senior executive, and make recommendations to the final rating authority relative to the performance of the senior executive. The persons named below have been selected to serve on the FLRA’s PRB. SUPPLEMENTARY INFORMATION: Michael Jeffries, Executive Director, FLRA, and PRB Chairman Kimberly Moseley, Executive Director, Federal Service Impasses Panel Charlotte Dye, Deputy General Counsel, FLRA Timothy Curry, Deputy Associate Director, Accountability and Workforce Relations, Employee Services, Office of Personnel Management Paula Chandler, Director, Human Resources Division (Ex Officio) Dated: September 30, 2020. Rebecca Osborne, Federal Register Liaison, Federal Labor Relations Authority. [FR Doc. 2020–21991 Filed 10–5–20; 8:45 am] BILLING CODE 7627–01–P VerDate Sep<11>2014 17:52 Oct 05, 2020 Jkt 253001 PO 00000 Frm 00037 Fmt 4703 Sfmt 4703 FEDERAL RESERVE SYSTEM [Docket No. OP–1716] Temporary Actions To Support the Flow of Credit to Households and Businesses by Encouraging Use of Intraday Credit; Extension of Expiration Date Board of Governors of the Federal Reserve System. AGENCY: Due to the extraordinary disruptions from the coronavirus disease 2019 (COVID–19), the Board of Governors of the Federal Reserve System (Board) is extending through March 31, 2021 the temporary actions, announced on April 23, 2020, that encourage healthy depository institutions to utilize intraday credit extended by Federal Reserve Banks (Reserve Banks). The temporary actions were previously scheduled to expire on September 30, 2020. SUMMARY: These temporary actions will expire on March 31, 2021. DATES: FOR FURTHER INFORMATION CONTACT: Jason Hinkle, Assistant Director (202– 912–7805), Brajan Kola, Senior Financial Institution Policy Analyst (202–736–5683) Division of Reserve Bank Operations and Payment Systems or Evan Winerman, Senior Counsel (202–872–7578), Legal Division, Board of Governors of the Federal Reserve System. For users of Telecommunications Device for the Deaf (TDD) only, please contact 202–263– 4869. The availability of intraday credit from the Reserve Banks supports the smooth functioning of payment systems and the settlement and clearing of transactions across a range of credit markets. The COVID–19 pandemic has disrupted economic activity and financial markets in the United States. On April 23, 2020, as part of a series of actions to support the flow of credit to households and business aimed at mitigating the disruptions from the COVID–19 pandemic, the Board approved several temporary actions that encourage healthy depository institutions to utilize intraday credit from the Reserve Banks.1 Specifically, the temporary actions (1) suspend uncollateralized intraday credit limits (net debit caps) and waive daylight overdraft fees for institutions that are SUPPLEMENTARY INFORMATION: 1 85 FR 23448 (April 28, 2020). See also Coronavirus Disease 2019 (COVID–19) Resources, available at https://www.federalreserve.gov/covid19.htm. E:\FR\FM\06OCN1.SGM 06OCN1 Federal Register / Vol. 85, No. 194 / Tuesday, October 6, 2020 / Notices eligible for the primary credit program 2 and (2) permit a streamlined procedure to request collateralized intraday credit (max caps) for institutions that are eligible only for the secondary credit program.3 The Board also suspended the collection of information under the Annual Daylight Overdraft Capital Report for U.S. Branches and Agencies of Foreign Banks (FR 2225, OMB Number 7100–0216) and the Annual Report of Net Debit Cap (FR 2226, OMB Number 7100–0217). A number of other Federal Reserve initiatives aimed at mitigating the disruptions from the COVID–19 pandemic are scheduled to remain in effect until March 2021.4 In order to complement these ongoing initiatives, the Board is extending the temporary actions until March 31, 2021. The extension of the temporary actions will support the flow of credit to households and business by encouraging healthy depository institutions to utilize intraday credit from Reserve Banks. Extending the temporary actions will also allow Reserve Banks to prioritize operational activities aimed at mitigating the disruptions from the COVID–19 pandemic. Accordingly, the Board is extending the expiration date of the temporary actions from September 30, 2020 to March 31, 2021. By order of the Board of Governors of the Federal Reserve System, September 30, 2020. Ann E. Misback, Secretary of the Board. [FR Doc. 2020–22005 Filed 10–5–20; 8:45 am] khammond on DSKJM1Z7X2PROD with NOTICES BILLING CODE P 2 The Reserve Banks’ primary credit program is available to institutions that are in generally sound financial condition. 12 CFR 201.4(a). 3 Secondary credit is a lending program that is available to depository institutions that are not eligible for primary credit. See generally 12 CFR 201.4(b). 4 The Commercial Paper Funding Facility will cease purchasing commercial paper on March 17, 2021. Similarly, certain temporary changes related to the supplementary leverage ratio will remain in effect through March 31, 2021. 85 FR 32980 (June 1, 2020). Finally, on July 29, 2020, the Board announced the extension from September 19, 2020 to March 31, 2021 of its temporary U.S. dollar liquidity swap lines and the temporary repurchase agreement facility for foreign and international monetary authorities. VerDate Sep<11>2014 17:52 Oct 05, 2020 Jkt 253001 DEPARTMENT OF HEALTH AND HUMAN SERVICES Centers for Medicare & Medicaid Services [Document Identifier: CMS–10346, CMS– 10142, 10123/10124] Agency Information Collection Activities: Proposed Collection; Comment Request Centers for Medicare & Medicaid Services, Health and Human Services (HHS). ACTION: Notice. AGENCY: The Centers for Medicare & Medicaid Services (CMS) is announcing an opportunity for the public to comment on CMS’ intention to collect information from the public. Under the Paperwork Reduction Act of 1995 (the PRA), federal agencies are required to publish notice in the Federal Register concerning each proposed collection of information (including each proposed extension or reinstatement of an existing collection of information) and to allow 60 days for public comment on the proposed action. Interested persons are invited to send comments regarding our burden estimates or any other aspect of this collection of information, including the necessity and utility of the proposed information collection for the proper performance of the agency’s functions, the accuracy of the estimated burden, ways to enhance the quality, utility, and clarity of the information to be collected, and the use of automated collection techniques or other forms of information technology to minimize the information collection burden. DATES: Comments must be received by December 7, 2020. ADDRESSES: When commenting, please reference the document identifier or OMB control number. To be assured consideration, comments and recommendations must be submitted in any one of the following ways: 1. Electronically. You may send your comments electronically to http:// www.regulations.gov. Follow the instructions for ‘‘Comment or Submission’’ or ‘‘More Search Options’’ to find the information collection document(s) that are accepting comments. 2. By regular mail. You may mail written comments to the following address: CMS, Office of Strategic Operations and Regulatory Affairs, Division of Regulations Development. Attention: Document Identifier/OMB Control Number ll, Room C4–26–05, 7500 Security Boulevard, Baltimore, Maryland 21244–1850. SUMMARY: PO 00000 Frm 00038 Fmt 4703 Sfmt 4703 63115 To obtain copies of a supporting statement and any related forms for the proposed collection(s) summarized in this notice, you may make your request using one of following: 1. Access CMS’ website address at website address at https://www.cms.gov/ Regulations-and-Guidance/Legislation/ PaperworkReductionActof1995/PRAListing.html. 2. Call the Reports Clearance Office at (410) 786–1326. FOR FURTHER INFORMATION CONTACT: William N. Parham at (410) 786–4669. SUPPLEMENTARY INFORMATION: Contents This notice sets out a summary of the use and burden associated with the following information collections. More detailed information can be found in each collection’s supporting statement and associated materials (see ADDRESSES). CMS–10346 Appeals of Quality Bonus Payment Determinations CMS–10142 Bid Pricing Tool (BPT) for Medicare Advantage (MA) Plans and Prescription Drug Plans (PDP) CMS–10123/10124 Fast Track Appeals Notices: NOMNC/DENC Under the PRA (44 U.S.C. 3501– 3520), federal agencies must obtain approval from the Office of Management and Budget (OMB) for each collection of information they conduct or sponsor. The term ‘‘collection of information’’ is defined in 44 U.S.C. 3502(3) and 5 CFR 1320.3(c) and includes agency requests or requirements that members of the public submit reports, keep records, or provide information to a third party. Section 3506(c)(2)(A) of the PRA requires federal agencies to publish a 60-day notice in the Federal Register concerning each proposed collection of information, including each proposed extension or reinstatement of an existing collection of information, before submitting the collection to OMB for approval. To comply with this requirement, CMS is publishing this notice. Information Collection 1. Type of Information Collection Request: Extension without change of a currently approved collection; Title of Information Collection: Appeals of Quality Bonus Payment Determinations; Use: Section 1853(o) of the Social Security Act (the Act) requires CMS to make QBPs to MA organizations that achieve performance rating scores of at least 4 stars under a five-star rating system. While CMS has applied a Star Rating system to MA organizations for a number of years, prior to the QBP E:\FR\FM\06OCN1.SGM 06OCN1

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[Federal Register Volume 85, Number 194 (Tuesday, October 6, 2020)]
[Notices]
[Pages 63114-63115]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-22005]


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FEDERAL RESERVE SYSTEM

[Docket No. OP-1716]


Temporary Actions To Support the Flow of Credit to Households and 
Businesses by Encouraging Use of Intraday Credit; Extension of 
Expiration Date

AGENCY: Board of Governors of the Federal Reserve System.

SUMMARY: Due to the extraordinary disruptions from the coronavirus 
disease 2019 (COVID-19), the Board of Governors of the Federal Reserve 
System (Board) is extending through March 31, 2021 the temporary 
actions, announced on April 23, 2020, that encourage healthy depository 
institutions to utilize intraday credit extended by Federal Reserve 
Banks (Reserve Banks). The temporary actions were previously scheduled 
to expire on September 30, 2020.

DATES: These temporary actions will expire on March 31, 2021.

FOR FURTHER INFORMATION CONTACT: Jason Hinkle, Assistant Director (202-
912-7805), Brajan Kola, Senior Financial Institution Policy Analyst 
(202-736-5683) Division of Reserve Bank Operations and Payment Systems 
or Evan Winerman, Senior Counsel (202-872-7578), Legal Division, Board 
of Governors of the Federal Reserve System. For users of 
Telecommunications Device for the Deaf (TDD) only, please contact 202-
263-4869.

SUPPLEMENTARY INFORMATION: The availability of intraday credit from the 
Reserve Banks supports the smooth functioning of payment systems and 
the settlement and clearing of transactions across a range of credit 
markets. The COVID-19 pandemic has disrupted economic activity and 
financial markets in the United States.
    On April 23, 2020, as part of a series of actions to support the 
flow of credit to households and business aimed at mitigating the 
disruptions from the COVID-19 pandemic, the Board approved several 
temporary actions that encourage healthy depository institutions to 
utilize intraday credit from the Reserve Banks.\1\ Specifically, the 
temporary actions (1) suspend uncollateralized intraday credit limits 
(net debit caps) and waive daylight overdraft fees for institutions 
that are

[[Page 63115]]

eligible for the primary credit program \2\ and (2) permit a 
streamlined procedure to request collateralized intraday credit (max 
caps) for institutions that are eligible only for the secondary credit 
program.\3\ The Board also suspended the collection of information 
under the Annual Daylight Overdraft Capital Report for U.S. Branches 
and Agencies of Foreign Banks (FR 2225, OMB Number 7100-0216) and the 
Annual Report of Net Debit Cap (FR 2226, OMB Number 7100-0217).
---------------------------------------------------------------------------

    \1\ 85 FR 23448 (April 28, 2020). See also Coronavirus Disease 
2019 (COVID-19) Resources, available at https://www.federalreserve.gov/covid-19.htm.
    \2\ The Reserve Banks' primary credit program is available to 
institutions that are in generally sound financial condition. 12 CFR 
201.4(a).
    \3\ Secondary credit is a lending program that is available to 
depository institutions that are not eligible for primary credit. 
See generally 12 CFR 201.4(b).
---------------------------------------------------------------------------

    A number of other Federal Reserve initiatives aimed at mitigating 
the disruptions from the COVID-19 pandemic are scheduled to remain in 
effect until March 2021.\4\ In order to complement these ongoing 
initiatives, the Board is extending the temporary actions until March 
31, 2021. The extension of the temporary actions will support the flow 
of credit to households and business by encouraging healthy depository 
institutions to utilize intraday credit from Reserve Banks. Extending 
the temporary actions will also allow Reserve Banks to prioritize 
operational activities aimed at mitigating the disruptions from the 
COVID-19 pandemic.
---------------------------------------------------------------------------

    \4\ The Commercial Paper Funding Facility will cease purchasing 
commercial paper on March 17, 2021. Similarly, certain temporary 
changes related to the supplementary leverage ratio will remain in 
effect through March 31, 2021. 85 FR 32980 (June 1, 2020). Finally, 
on July 29, 2020, the Board announced the extension from September 
19, 2020 to March 31, 2021 of its temporary U.S. dollar liquidity 
swap lines and the temporary repurchase agreement facility for 
foreign and international monetary authorities.
---------------------------------------------------------------------------

    Accordingly, the Board is extending the expiration date of the 
temporary actions from September 30, 2020 to March 31, 2021.

    By order of the Board of Governors of the Federal Reserve 
System, September 30, 2020.
Ann E. Misback,
Secretary of the Board.
[FR Doc. 2020-22005 Filed 10-5-20; 8:45 am]
BILLING CODE P