Burlington International Airport, South Burlington VT; Approval of Noise Compatibility Program, 68747-68748 [2020-23299]
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Federal Register / Vol. 85, No. 211 / Friday, October 30, 2020 / Rules and Regulations
jbell on DSKJLSW7X2PROD with RULES
to hold banks accountable for their
lending activities.
IV. Regulatory Analyses
Paperwork Reduction Act. In
accordance with the requirements of the
Paperwork Reduction Act of 1995
(PRA), 44 U.S.C. 3501 et seq., the OCC
may not conduct or sponsor, and
respondents are not required to respond
to, an information collection unless it
displays a currently valid Office of
Management and Budget (OMB) control
number. The OCC has reviewed the
final rule and determined that it will not
introduce any new or revise any existing
collection of information pursuant to
the PRA. Therefore, no submission will
be made to OMB for review.
Regulatory Flexibility Act. The
Regulatory Flexibility Act (RFA), 5
U.S.C. 601 et seq., requires an agency,
in connection with a final rule, to
prepare a Final Regulatory Flexibility
Analysis describing the impact of the
rule on small entities (defined by the
Small Business Administration (SBA)
for purposes of the RFA to include
commercial banks and savings
institutions with total assets of $600
million or less and trust companies with
total assets of $41.5 million or less) or
to certify that the final rule would not
have a significant economic impact on
a substantial number of small entities.
The OCC currently supervises
approximately 745 small entities. The
OCC expects that all of these small
entities would be impacted by the rule.
While this final rule could affect how
banks structure their current or future
third-party relationships as well as the
amount of loans originated by banks, the
OCC believes the costs associated with
any administrative changes in bank
lending policies and procedures would
be de minimis. Banks already have
systems, policies, and procedures in
place for issuing loans when third
parties are involved. It takes
significantly less time to amend existing
policies than to create them, and the
OCC does not expect any needed
adjustments will involve an
extraordinary demand on a bank’s
human resources. In addition, any costs
would likely be absorbed as ongoing
administrative expenses. Therefore, the
OCC certifies that this rule will not have
a significant economic impact on a
substantial number of small entities.
Accordingly, a Final Regulatory
Flexibility Analysis is not required.
Unfunded Mandates Reform Act.
Consistent with the Unfunded Mandates
Reform Act of 1995 (UMRA), 2 U.S.C.
1532, the OCC considers whether a final
rule includes a federal mandate that
may result in the expenditure by state,
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16:11 Oct 29, 2020
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local, and tribal governments, in the
aggregate, or by the private sector, of
$100 million adjusted for inflation
(currently $157 million) in any one year.
The final rule does not impose new
mandates. Therefore, the OCC
concludes that implementation of the
final rule would not result in an
expenditure of $157 million or more
annually by state, local, and tribal
governments, or by the private sector.
Riegle Community Development and
Regulatory Improvement Act. Pursuant
to section 302(a) of the Riegle
Community Development and
Regulatory Improvement Act of 1994
(RCDRIA), 12 U.S.C. 4802(a), in
determining the effective date and
administrative compliance requirements
for new regulations that impose
additional reporting, disclosure, or other
requirements on insured depository
institutions, the OCC must consider,
consistent with principles of safety and
soundness and the public interest, any
administrative burdens that such
regulations would place on depository
institutions, including small depository
institutions, and customers of
depository institutions, as well as the
benefits of such regulations. In addition,
section 302(b) of RCDRIA, 12 U.S.C.
4802(b), requires new regulations and
amendments to regulations that impose
additional reporting, disclosures, or
other new requirements on insured
depository institutions generally to take
effect on the first day of a calendar
quarter that begins on or after the date
on which the regulations are published
in final form. This final rule imposes no
additional reporting, disclosure, or other
requirements on insured depository
institutions, and therefore, section 302
is not applicable to this rule.
Congressional Review Act. For
purposes of the Congressional Review
Act (CRA), 5 U.S.C. 801 et seq., the
Office of Information and Regulatory
Affairs (OIRA) of the OMB determines
whether a final rule is a ‘‘major rule,’’
as that term is defined at 5 U.S.C.
804(2). OIRA has determined that this
final rule is not a major rule. As
required by the CRA, the OCC will
submit the final rule and other
appropriate reports to Congress and the
Government Accountability Office for
review.
Administrative Procedure Act. The
APA, 5 U.S.C. 551 et seq., generally
requires that a final rule be published in
the Federal Register not less than 30
days before its effective date. This final
rule will be effective 60 days after
publication in the Federal Register,
which meets the APA’s effective date
requirement.
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68747
List of Subjects in 12 CFR Part 7
Computer technology, Credit,
Derivatives, Federal savings
associations, Insurance, Investments,
Metals, National banks, Reporting and
recordkeeping requirements, Securities,
Security bonds.
Office of the Comptroller of the
Currency
For the reasons set out in the
preamble, the OCC amends 12 CFR part
7 as follows.
PART 7—ACTIVITIES AND
OPERATIONS
1. The authority citation for part 7
continues to read as follows:
■
Authority: 12 U.S.C. 1 et seq., 25b, 29, 71,
71a, 92, 92a, 93, 93a, 95(b)(1), 371, 371d, 481,
484, 1463, 1464, 1465, 1818, 1828(m) and
5412(b)(2)(B).
■
2. Add § 7.1031 to read as follows:
§ 7.1031 National banks and Federal
savings associations as lenders.
(a) For purposes of this section, bank
means a national bank or a Federal
savings association.
(b) For purposes of sections 5136 and
5197 of the Revised Statutes (12 U.S.C.
24 and 12 U.S.C. 85), section 24 of the
Federal Reserve Act (12 U.S.C. 371), and
sections 4(g) and 5(c) of the Home
Owners’ Loan Act (12 U.S.C. 1463(g)
and 12 U.S.C. 1464(c)), a bank makes a
loan when the bank, as of the date of
origination:
(1) Is named as the lender in the loan
agreement; or
(2) Funds the loan.
(c) If, as of the date of origination, one
bank is named as the lender in the loan
agreement for a loan and another bank
funds that loan, the bank that is named
as the lender in the loan agreement
makes the loan.
Brian P. Brooks,
Acting Comptroller of the Currency.
[FR Doc. 2020–24134 Filed 10–29–20; 8:45 am]
BILLING CODE 4810–33–P
DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration
14 CFR Part 150
Burlington International Airport, South
Burlington VT; Approval of Noise
Compatibility Program
Federal Aviation
Administration, DOT.
ACTION: Notification.
AGENCY:
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68748
Federal Register / Vol. 85, No. 211 / Friday, October 30, 2020 / Rules and Regulations
The Federal Aviation
Administration (FAA) announces its
findings on the noise compatibility
program submitted by the City of
Burlington, Vermont under the
provisions of Title I of the Aviation
Safety and Noise Abatement Act of
1979. These findings are made in
recognition of the description of federal
and non-federal responsibilities in
Senate Report No. 96–52 (1980). On
October 14, 2020, the Airports Division
Deputy Director approved the
Burlington International Airport noise
compatibility program. This supersedes
the approval issued August 27, 2020.
All of the proposed program elements
were approved.
DATES: Effective Date: The effective date
of the FAA’s approval of the Burlington
International Airport noise
compatibility program is October 30,
2020.
FOR FURTHER INFORMATION CONTACT:
Richard Doucette, Federal Aviation
Administration, New England Region,
Airports Division, 1200 District Avenue,
Burlington, Massachusetts 01803,
Telephone (781) 238–7613, Email:
richard.doucette@faa.gov.
Documents reflecting this FAA action
may be obtained from the same
individual. The Noise Compatibility
Plan and supporting information can
also be found at www.btvsound.com.
SUPPLEMENTARY INFORMATION: This
notice announces that the FAA has
given its overall approval to the
Burlington International Airport noise
compatibility program, effective October
30, 2020.
Under Section 104(a) of the Aviation
Safety and Noise Abatement Act of 1979
(hereinafter the Act), an airport operator
who has previously submitted a noise
exposure map may submit to the FAA
a noise compatibility program which
sets forth the measures taken or
proposed by the airport operator for the
reduction of existing non-compatible
land uses and prevention of additional
non-compatible land uses within the
area covered by the noise exposure
maps.
The Act requires such programs to be
developed in consultation with
interested and affected parties including
local communities, government
agencies, airport users, and FAA
personnel.
Each airport noise compatibility
program developed in accordance with
14 CFR part 150 is a local program, not
a federal program. The FAA does not
substitute its judgment for that of the
airport proprietor with respect to which
measures should be recommended for
action. The FAA’s approval or
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SUMMARY:
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disapproval of the part 150 program
recommendations is measured
according to the standards expressed in
part 150 and the Act, and is limited to
the following determinations:
(a) The noise compatibility program
was developed in accordance with the
provisions and procedures of FAR part
150;
(b) Program measures are reasonably
consistent with achieving the goals of
reducing existing non-compatible land
uses around the airport and preventing
the introduction of additional noncompatible land uses;
(c) Program measures would not
create an undue burden on interstate or
foreign commerce, unjustly discriminate
against types or classes of aeronautical
uses, violate the terms of airport grant
agreements, or intrude into areas
preempted by the federal government;
and
(d) Program measures relating to the
use of flight procedures can be
implemented within the period covered
by the program without derogating
safety, adversely affecting the efficient
use and management of the navigable
airspace and air traffic control systems,
or adversely affecting other powers and
responsibilities of the Administrator as
prescribed by law.
Specific limitations with respect to
FAA’s approval of an airport noise
compatibility program are delineated in
part 150, § 150.5. Approval is not a
determination concerning the
acceptability of land uses under Federal,
state, or local law. Approval does not by
itself constitute a FAA implementing
action. A request for Federal action or
approval to implement specific noise
compatibility measures may be
required, and an FAA decision on the
request may require an environmental
assessment of the proposed action.
Approval does not constitute a
commitment by the FAA to financially
assist in the implementation of the
program nor a determination that all
measures covered by the program are
eligible for grant-in-aid funding from the
FAA under the Airport and Airway
Improvement Act of 1982. Where
Federal funding is sought, requests for
project grants must be submitted to the
FAA Regional Office in Burlington,
Massachusetts.
The Burlington International Airport
study contains a proposed noise
compatibility program comprised of
actions designed for implementation by
airport management and adjacent
jurisdictions. The Burlington
International Airport, South Burlington,
Vermont requested that the FAA
evaluate and approve this material as a
noise compatibility program as
PO 00000
Frm 00032
Fmt 4700
Sfmt 9990
described in Section 104(b) of the Act.
The FAA began its review of the
program on April 15, 2020, and was
required by a provision of the Act to
approve or disapprove the program
within 180 days (other than the use of
new flight procedures for noise control).
Failure to approve or disapprove such a
program within the 180-day period shall
be deemed to be an approval of such a
program.
The submitted program contained 9
noise mitigation measures, including 2
to be removed. The FAA completed its
review and determined that the
procedural and substantive
requirements of the Act and Part 150
have been satisfied. All 7 recommended
measures were approved, and 2
recommended for removal were
approved for removal. The new program
will de-emphasize land acquisition in
lieu of sound insulation, as the primary
noise mitigation measure.
The Airports Division originally
approved the program on August 27,
2020. After issuance of the Record of
Approval, the FAA discussed its
implementation with the City of
Burlington. Based on this discussion,
the FAA made two small revisions to
the Record of Approval and issued a
revised approval on October 14, 2020.
These revisions clarify FAA funding of
the Purchase Assurance and Sales
Assistance programs (measures #6 and
#7). That prior approval is superseded
by issuance of a new Record of
Approval on October 14, 2020.
FAA’s determinations are set forth in
detail in a Record of Approval approved
on October 14, 2020. The Record of
Approval, as well as other evaluation
materials and the documents
comprising the submittal, are available
for review at the FAA office listed above
and at the administrative offices of
Burlington International Airport, South
Burlington, Vermont.
Issued in Burlington, Massachusetts on
October 14, 2020.
Julie Seltsam-Wilps,
Airports Division Deputy Director, FAA New
England Region.
[FR Doc. 2020–23299 Filed 10–29–20; 8:45 am]
BILLING CODE 4910–13–P
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]]>Agencies
[Federal Register Volume 85, Number 211 (Friday, October 30, 2020)]
[Rules and Regulations]
[Pages 68747-68748]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-23299]
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DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration
14 CFR Part 150
Burlington International Airport, South Burlington VT; Approval
of Noise Compatibility Program
AGENCY: Federal Aviation Administration, DOT.
ACTION: Notification.
-----------------------------------------------------------------------
[[Page 68748]]
SUMMARY: The Federal Aviation Administration (FAA) announces its
findings on the noise compatibility program submitted by the City of
Burlington, Vermont under the provisions of Title I of the Aviation
Safety and Noise Abatement Act of 1979. These findings are made in
recognition of the description of federal and non-federal
responsibilities in Senate Report No. 96-52 (1980). On October 14,
2020, the Airports Division Deputy Director approved the Burlington
International Airport noise compatibility program. This supersedes the
approval issued August 27, 2020. All of the proposed program elements
were approved.
DATES: Effective Date: The effective date of the FAA's approval of the
Burlington International Airport noise compatibility program is October
30, 2020.
FOR FURTHER INFORMATION CONTACT: Richard Doucette, Federal Aviation
Administration, New England Region, Airports Division, 1200 District
Avenue, Burlington, Massachusetts 01803, Telephone (781) 238-7613,
Email: [email protected].
Documents reflecting this FAA action may be obtained from the same
individual. The Noise Compatibility Plan and supporting information can
also be found at www.btvsound.com.
SUPPLEMENTARY INFORMATION: This notice announces that the FAA has given
its overall approval to the Burlington International Airport noise
compatibility program, effective October 30, 2020.
Under Section 104(a) of the Aviation Safety and Noise Abatement Act
of 1979 (hereinafter the Act), an airport operator who has previously
submitted a noise exposure map may submit to the FAA a noise
compatibility program which sets forth the measures taken or proposed
by the airport operator for the reduction of existing non-compatible
land uses and prevention of additional non-compatible land uses within
the area covered by the noise exposure maps.
The Act requires such programs to be developed in consultation with
interested and affected parties including local communities, government
agencies, airport users, and FAA personnel.
Each airport noise compatibility program developed in accordance
with 14 CFR part 150 is a local program, not a federal program. The FAA
does not substitute its judgment for that of the airport proprietor
with respect to which measures should be recommended for action. The
FAA's approval or disapproval of the part 150 program recommendations
is measured according to the standards expressed in part 150 and the
Act, and is limited to the following determinations:
(a) The noise compatibility program was developed in accordance
with the provisions and procedures of FAR part 150;
(b) Program measures are reasonably consistent with achieving the
goals of reducing existing non-compatible land uses around the airport
and preventing the introduction of additional non-compatible land uses;
(c) Program measures would not create an undue burden on interstate
or foreign commerce, unjustly discriminate against types or classes of
aeronautical uses, violate the terms of airport grant agreements, or
intrude into areas preempted by the federal government; and
(d) Program measures relating to the use of flight procedures can
be implemented within the period covered by the program without
derogating safety, adversely affecting the efficient use and management
of the navigable airspace and air traffic control systems, or adversely
affecting other powers and responsibilities of the Administrator as
prescribed by law.
Specific limitations with respect to FAA's approval of an airport
noise compatibility program are delineated in part 150, Sec. 150.5.
Approval is not a determination concerning the acceptability of land
uses under Federal, state, or local law. Approval does not by itself
constitute a FAA implementing action. A request for Federal action or
approval to implement specific noise compatibility measures may be
required, and an FAA decision on the request may require an
environmental assessment of the proposed action.
Approval does not constitute a commitment by the FAA to financially
assist in the implementation of the program nor a determination that
all measures covered by the program are eligible for grant-in-aid
funding from the FAA under the Airport and Airway Improvement Act of
1982. Where Federal funding is sought, requests for project grants must
be submitted to the FAA Regional Office in Burlington, Massachusetts.
The Burlington International Airport study contains a proposed
noise compatibility program comprised of actions designed for
implementation by airport management and adjacent jurisdictions. The
Burlington International Airport, South Burlington, Vermont requested
that the FAA evaluate and approve this material as a noise
compatibility program as described in Section 104(b) of the Act. The
FAA began its review of the program on April 15, 2020, and was required
by a provision of the Act to approve or disapprove the program within
180 days (other than the use of new flight procedures for noise
control). Failure to approve or disapprove such a program within the
180-day period shall be deemed to be an approval of such a program.
The submitted program contained 9 noise mitigation measures,
including 2 to be removed. The FAA completed its review and determined
that the procedural and substantive requirements of the Act and Part
150 have been satisfied. All 7 recommended measures were approved, and
2 recommended for removal were approved for removal. The new program
will de-emphasize land acquisition in lieu of sound insulation, as the
primary noise mitigation measure.
The Airports Division originally approved the program on August 27,
2020. After issuance of the Record of Approval, the FAA discussed its
implementation with the City of Burlington. Based on this discussion,
the FAA made two small revisions to the Record of Approval and issued a
revised approval on October 14, 2020. These revisions clarify FAA
funding of the Purchase Assurance and Sales Assistance programs
(measures #6 and #7). That prior approval is superseded by issuance of
a new Record of Approval on October 14, 2020.
FAA's determinations are set forth in detail in a Record of
Approval approved on October 14, 2020. The Record of Approval, as well
as other evaluation materials and the documents comprising the
submittal, are available for review at the FAA office listed above and
at the administrative offices of Burlington International Airport,
South Burlington, Vermont.
Issued in Burlington, Massachusetts on October 14, 2020.
Julie Seltsam-Wilps,
Airports Division Deputy Director, FAA New England Region.
[FR Doc. 2020-23299 Filed 10-29-20; 8:45 am]
BILLING CODE 4910-13-P
