Strasburg Rail Road Company-Continuance in Control Exemption-SRC Railway LLC, 673-674 [2020-29257]

Download as PDF jbell on DSKJLSW7X2PROD with NOTICES Federal Register / Vol. 86, No. 3 / Wednesday, January 6, 2021 / Notices selected the following sanctions to be imposed upon Arya Sasol Polymer Company, Binrin Limited, Bakhtar Commercial Company, Kavian Petrochemical Company, and Strait Shipbrokers PTE. LTD: • Prohibit any transactions in foreign exchange that are subject to the jurisdiction of the United States and in which the entities have any interest; • Prohibit any transfers of credit or payments between financial institutions or by, through, or to any financial institution, to the extent that such transfers or payments are subject to the jurisdiction of the United States and involve any interest of the entities; • Block all property and interests in property that are in the United States, that hereafter come within the United States, or that are or hereafter come within the possession or control of any United States person of the entities, and provide that such property and interests in property may not be transferred, paid, exported, withdrawn, or otherwise dealt in; • Prohibit any United States person from investing in or purchasing significant amounts of equity or debt instruments of the entities; • Restrict or prohibit imports of goods, technology, or services, directly or indirectly, into the United States from the entities; and • Impose on the principal executive officer or officers, or persons performing similar functions and with similar authorities, of the entities the sanctions described in sections 5(a)(i)–5(a)(iv) and 5(a)(vi) of E.O. 13846, as selected by the Secretary of State. Pursuant to Sections 4(e) and 5(a) of E.O. 13846, the Secretary of State has selected the following sanctions to be imposed upon Amir Hossein Bahreini, Lin Na Wei, Murtuza Mustafamunir Basrai, Hosein Firouzi Arani, and Ramezan Oladi, each of whom has been determined to be (i) a corporate officer or principal of the aforementioned entities and (ii) a principal executive officer of the aforementioned entities, or perform similar functions with similar authorities as a principal executive officer: • Prohibit any transactions in foreign exchange that are subject to the jurisdiction of the United States and in which Amir Hossein Bahreini, Lin Na Wei, Murtuza Mustafamunir Basrai, Hosein Firouzi Arani, and Ramezan Oladi have any interest; • Prohibit any transfers of credit or payments between financial institutions or by, through, or to any financial institution, to the extent that such transfers or payments are subject to the jurisdiction of the United States and VerDate Sep<11>2014 19:08 Jan 05, 2021 Jkt 253001 involve any interest of Amir Hossein Bahreini, Lin Na Wei, Murtuza Mustafamunir Basrai, Hosein Firouzi Arani, and Ramezan Oladi; • Block all property and interests in property that are in the United States, that hereafter come within the United States, or that are or hereafter come within the possession or control of any United States person of Amir Hossein Bahreini, Lin Na Wei, Murtuza Mustafamunir BasraiHosein Firouzi Arani, and Ramezan Oladi; and provide that such property and interests in property may not be transferred, paid, exported, withdrawn, or otherwise dealt in; and • Restrict or prohibit imports of goods, technology, or services, directly or indirectly, into the United States from Amir Hossein Bahreini, Lin Na Wei, Murtuza Mustafamunir Basrai, Hosein Firouzi Arani, and Ramezan Oladi. Additionally, pursuant to Section 4(e) of E.O. 13846, the Secretary of State shall deny a visa to, and the Secretary of Homeland Security shall exclude from the United States, any alien that the Secretary of State determines is a corporate officer or principal of, or a shareholder with a controlling interest in, a sanctioned person subject to this action. Peter D. Haas, Principal Deputy Assistant Secretary, Bureau of Economic and Business Affairs, Department of State. [FR Doc. 2020–29200 Filed 1–5–21; 8:45 am] BILLING CODE 4710–AE–P SURFACE TRANSPORTATION BOARD [Docket No. FD 36454] Strasburg Rail Road Company— Continuance in Control Exemption— SRC Railway LLC Strasburg Rail Road Company (SRC), a Class III rail carrier, has filed a verified notice of exemption pursuant to 49 CFR 1180.2(d)(2) to continue in control of SRC Railway LLC (Railway LLC), upon Railway LLC becoming a Class III rail carrier.1 Railway LLC is a newly formed 1 SRC states that, although the proposed transaction is wholly within a corporate family and would satisfy the criteria for an exemption under section 1180.2(d)(3), it submitted verified notices for acquisition authority and continuance in control authority given the decision in Oregon International Port of Coos Bay—Intra-Corporate Family Transaction Exemption, FD 36199 (STB served Oct. 26, 2018). This notice does not address the appropriateness of section 1180.2(d)(3) in this situation, as the notice satisfies the criteria for section 1180.2(d)(2). PO 00000 Frm 00174 Fmt 4703 Sfmt 4703 673 noncarrier entity that is controlled by SRC. This transaction is related to a concurrently filed verified notice of exemption in SRC Railway LLC—Lease & Operation Exemption—Strasburg Rail Road Co., Docket No. FD 36453. In that proceeding, Railway LLC seeks an exemption to lease and operate approximately 4.25 miles of rail line known as the Strasburg Line in Lancaster County, Pa. (the Line). The verified notice states that because the Line is solely owned by SRC, lease of the Line to Railway LLC does not constitute a connection within the corporate family. SRC further states that the transaction does not involve a Class I rail carrier. The proposed transaction is therefore exempt from the prior approval requirements of 49 U.S.C. 11323. See 49 CFR 1180.2(d)(2). The earliest this transaction may be consummated is January 20, 2021, the effective date of the exemption (30 days after the verified notice was filed). Under 49 U.S.C. 10502(g), the Board may not use its exemption authority to relieve a rail carrier of its statutory obligation to protect the interests of its employees. Section 11326(c), however, does not provide for labor protection for transactions under sections 11324 and 11325 that involve only Class III rail carriers. Accordingly, the Board may not impose labor protective conditions here because only Class III carriers are involved. If the verified notice contains false or misleading information, the exemption is void ab initio. Petitions to revoke the exemption under 49 U.S.C. 10502(d) may be filed at any time. The filing of a petition to revoke will not automatically stay the effectiveness of the exemption. Petitions for stay must be filed no later than January 12, 2021. All pleadings, referring to Docket No. FD 36454 should be filed with the Surface Transportation Board via efiling on the Board’s website. In addition, a copy of each pleading must be served on SRC’s representative, Bradon J. Smith, Fletcher & Sippel LLC, 29 North Wacker Drive, Suite 800, Chicago, IL 60606–3208. According to SRC, this action is categorically excluded from environmental review under 49 CFR 1105.6(c) and from historic preservation reporting requirements under 49 CFR 1105.8(b). Board decisions and notices are available at www.stb.gov. Decided: December 31, 2020. E:\FR\FM\06JAN1.SGM 06JAN1 674 Federal Register / Vol. 86, No. 3 / Wednesday, January 6, 2021 / Notices By the Board, Scott M. Zimmerman, Acting Director, Office of Proceedings. Jeffrey Herzig, Clearance Clerk. [FR Doc. 2020–29257 Filed 1–5–21; 8:45 am] BILLING CODE 4915–01–P SURFACE TRANSPORTATION BOARD [Docket No. FD 36453] jbell on DSKJLSW7X2PROD with NOTICES SRC Railway LLC—Lease and Operation Exemption—Strasburg Rail Road Company SRC Railway LLC (Railway LLC), a noncarrier, has filed a verified notice of exemption pursuant to 49 CFR 1150.31 to lease from Strasburg Rail Road Company (SRC) and operate approximately 4.25 miles of rail line known as the Strasburg Line in Lancaster County, Pa. (the Line). The Line extends from approximately quarter-milepost 20 at Leaman Place (immediately north of the underpass at U.S. Highway 30 and west of the interchange connection with Norfolk Southern Railway Company and the National Railroad Passenger Corporation (NRPC milepost 56.8)), southwesterly to quarter-milepost 3 at East Strasburg. This transaction is related to a concurrently filed verified notice of exemption in Strasburg Rail Road Company—Continuance in Control Exemption—SRC Railway LLC, Docket No. FD 36454, in which SRC seeks to continue in control of Railway LLC upon Railway LLC’s becoming a Class III rail carrier. Railway LLC states that it will shortly execute agreements with SRC pursuant to which it will lease the Line from SRC. According to Railway LLC, the proposed agreements do not contain any provision that would limit future interchange on the Line with a thirdparty connecting carrier. Further, Railway LLC certifies that its projected annual revenue will not exceed $5 million and will not result in Railway LLC becoming a Class I or II rail carrier. The earliest this transaction may be consummated is January 20, 2021, the effective date of the exemption (30 days after the verified notice was filed). If the verified notice contains false or misleading information, the exemption is void ab initio. Petitions to revoke the exemption under 49 U.S.C. 10502(d) may be filed at any time. The filing of a petition to revoke will not automatically stay the effectiveness of the exemption. Petitions for stay must be filed no later than January 12, 2021. All pleadings, referring to Docket No. FD 36453, should be filed with the VerDate Sep<11>2014 19:08 Jan 05, 2021 Jkt 253001 Surface Transportation Board via efiling on the Board’s website. In addition, a copy of each pleading must be served on Railway LLC’s representative, Bradon J. Smith, Fletcher & Sippel LLC, 29 North Wacker Drive, Suite 800, Chicago, IL 60606–3208. According to Railway LLC, this action is categorically excluded from environmental review under 49 CFR 1105.6(c) and from historic preservation reporting requirements under 49 CFR 1105.8(b). Board decisions and notices are available at www.stb.gov. Decided: December 31, 2020. By the Board, Scott M. Zimmerman, Acting Director, Office of Proceedings. Jeffrey Herzig, Clearance Clerk. [FR Doc. 2020–29256 Filed 1–5–21; 8:45 am] BILLING CODE 4915–01–P OFFICE OF THE UNITED STATES TRADE REPRESENTATIVE [Docket Number USTR–2020–0042] Notice of Revision of Section 301 Action: Enforcement of U.S. WTO Rights in Large Civil Aircraft Dispute Office of the United States Trade Representative (USTR). ACTION: Notice. AGENCY: The U.S. Trade Representative has determined to revise the action being taken in this Section 301 investigation to mirror the approach taken by the European Union (EU) in exercising its World Trade Organization (WTO) authorization in the Boeing dispute. In implementing this approach, the U.S. Trade Representative has determined to revise the action by adding certain products of certain EU member States to the list of products subject to additional duties. DATES: The revisions in Annex I are applicable with respect to products that are entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. eastern standard time on January 12, 2021. SUMMARY: For questions about the investigation and revisions announced in this notice, contact Associate General Counsel Megan Grimball, at (202) 395–5725, or Director for Europe Michael Rogers, at (202) 395–3320. For questions on customs procedures or the classification of products identified in the annexes, contact Traderemedy@cbp.dhs.gov. FOR FURTHER INFORMATION CONTACT: SUPPLEMENTARY INFORMATION PO 00000 Frm 00175 Fmt 4703 Sfmt 4703 A. Proceedings in the Investigation On April 12, 2019, the U.S. Trade Representative announced the initiation of an investigation to enforce U.S. rights in the WTO dispute against the EU and certain EU member States addressed to subsidies on large civil aircraft. See 84 FR 15028 (April 12 notice). The April 12 notice contains background information on the investigation and the dispute settlement proceedings. The April 12 notice solicited comments on a proposed determination that, inter alia, the EU and certain member States have denied U.S. rights under the WTO Agreement, and in particular, under Articles 5 and 6.3 of the Agreement on Subsidies and Countervailing Measures and the General Agreement on Tariffs and Trade 1994, and have failed to comply with the WTO Dispute Settlement Body (DSB) recommendations to bring the WTO-inconsistent subsidies into compliance with WTO obligations. The April 12 notice invited public comments on a proposed action in the form of an additional ad valorem duty of up to 100 percent on products of EU member States to be drawn from a list of 317 tariff subheadings and 9 statistical reporting numbers of the Harmonized Tariff Schedule of the United States (HTSUS) included in the annex to that notice. On July 5, 2019, USTR published a notice inviting public comments on a second list of products also being considered for an additional ad valorem duty of up to 100 percent. See 84 FR 32248. On October 2, 2019, the WTO Arbitrator issued a report concluding that the appropriate level of countermeasures in response to the WTO-inconsistent launch aid provided by the EU or certain member States to their large civil aircraft domestic industry is approximately $7.5 billion annually. On October 9, 2019, the U.S. Trade Representative published a determination that the EU and certain member States have denied U.S. rights under the WTO Agreement and have failed to implement DSB recommendations concerning certain subsidies to the EU large civil aircraft industry. The U.S. Trade Representative determined to take action in the form of additional duties on products of certain current or former member States of the EU, at levels of 10 or 25 percent ad valorem, effective October 18, 2019. See 84 FR 54245 (October 9, 2019) and 84 FR 55998 (October 18, 2019). On December 12, 2019, the U.S. Trade Representative announced a review of E:\FR\FM\06JAN1.SGM 06JAN1

Agencies

[Federal Register Volume 86, Number 3 (Wednesday, January 6, 2021)]
[Notices]
[Pages 673-674]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-29257]


=======================================================================
-----------------------------------------------------------------------

SURFACE TRANSPORTATION BOARD

[Docket No. FD 36454]


Strasburg Rail Road Company--Continuance in Control Exemption--
SRC Railway LLC

    Strasburg Rail Road Company (SRC), a Class III rail carrier, has 
filed a verified notice of exemption pursuant to 49 CFR 1180.2(d)(2) to 
continue in control of SRC Railway LLC (Railway LLC), upon Railway LLC 
becoming a Class III rail carrier.\1\ Railway LLC is a newly formed 
noncarrier entity that is controlled by SRC.
---------------------------------------------------------------------------

    \1\ SRC states that, although the proposed transaction is wholly 
within a corporate family and would satisfy the criteria for an 
exemption under section 1180.2(d)(3), it submitted verified notices 
for acquisition authority and continuance in control authority given 
the decision in Oregon International Port of Coos Bay--Intra-
Corporate Family Transaction Exemption, FD 36199 (STB served Oct. 
26, 2018). This notice does not address the appropriateness of 
section 1180.2(d)(3) in this situation, as the notice satisfies the 
criteria for section 1180.2(d)(2).
---------------------------------------------------------------------------

    This transaction is related to a concurrently filed verified notice 
of exemption in SRC Railway LLC--Lease & Operation Exemption--Strasburg 
Rail Road Co., Docket No. FD 36453. In that proceeding, Railway LLC 
seeks an exemption to lease and operate approximately 4.25 miles of 
rail line known as the Strasburg Line in Lancaster County, Pa. (the 
Line).
    The verified notice states that because the Line is solely owned by 
SRC, lease of the Line to Railway LLC does not constitute a connection 
within the corporate family. SRC further states that the transaction 
does not involve a Class I rail carrier. The proposed transaction is 
therefore exempt from the prior approval requirements of 49 U.S.C. 
11323. See 49 CFR 1180.2(d)(2).
    The earliest this transaction may be consummated is January 20, 
2021, the effective date of the exemption (30 days after the verified 
notice was filed).
    Under 49 U.S.C. 10502(g), the Board may not use its exemption 
authority to relieve a rail carrier of its statutory obligation to 
protect the interests of its employees. Section 11326(c), however, does 
not provide for labor protection for transactions under sections 11324 
and 11325 that involve only Class III rail carriers. Accordingly, the 
Board may not impose labor protective conditions here because only 
Class III carriers are involved.
    If the verified notice contains false or misleading information, 
the exemption is void ab initio. Petitions to revoke the exemption 
under 49 U.S.C. 10502(d) may be filed at any time. The filing of a 
petition to revoke will not automatically stay the effectiveness of the 
exemption. Petitions for stay must be filed no later than January 12, 
2021.
    All pleadings, referring to Docket No. FD 36454 should be filed 
with the Surface Transportation Board via e-filing on the Board's 
website. In addition, a copy of each pleading must be served on SRC's 
representative, Bradon J. Smith, Fletcher & Sippel LLC, 29 North Wacker 
Drive, Suite 800, Chicago, IL 60606-3208.
    According to SRC, this action is categorically excluded from 
environmental review under 49 CFR 1105.6(c) and from historic 
preservation reporting requirements under 49 CFR 1105.8(b).
    Board decisions and notices are available at www.stb.gov.

    Decided: December 31, 2020.


[[Page 674]]


    By the Board, Scott M. Zimmerman, Acting Director, Office of 
Proceedings.
Jeffrey Herzig,
Clearance Clerk.
[FR Doc. 2020-29257 Filed 1-5-21; 8:45 am]
BILLING CODE 4915-01-P
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.