Northern Potato Crop Insurance-Quality Endorsement; Northern Potato Crop Insurance-Processing Quality Endorsement; Potato Crop Insurance-Certified Seed Endorsement; and Northern Potato Crop Insurance-Storage Coverage Endorsement, 22839-22843 [2021-08955]

Download as PDF 22839 Rules and Regulations Federal Register Vol. 86, No. 82 Friday, April 30, 2021 This section of the FEDERAL REGISTER contains regulatory documents having general applicability and legal effect, most of which are keyed to and codified in the Code of Federal Regulations, which is published under 50 titles pursuant to 44 U.S.C. 1510. The Code of Federal Regulations is sold by the Superintendent of Documents. DEPARTMENT OF AGRICULTURE Federal Crop Insurance Corporation 7 CFR Parts 457 [Docket ID FCIC–21–0001] RIN 0563–AC71 Northern Potato Crop Insurance— Quality Endorsement; Northern Potato Crop Insurance—Processing Quality Endorsement; Potato Crop Insurance—Certified Seed Endorsement; and Northern Potato Crop Insurance—Storage Coverage Endorsement Federal Crop Insurance Corporation, USDA. ACTION: Final rule with request for comments. AGENCY: The Federal Crop Insurance Corporation (FCIC) amends the Northern Potato Crop Insurance— Quality Endorsement; Northern Potato Crop Insurance—Processing Quality Endorsement; Potato Crop Insurance— Certified Seed Endorsement; and Northern Potato Crop Insurance— Storage Coverage Endorsement. The intended effect of this action is to specify that the premium is only applicable for planted acreage under these Endorsements. The Endorsements are designed to protect against losses associated with the final harvested crop (potatoes). For example, the Northern Potato Crop Insurance—Storage Coverage Endorsement extends crop insurance coverage for potatoes that have been harvested and are in storage. Acreage prevented from planting would not need coverage that is specifically designed for a final harvested crop. FCIC is revising the Endorsements to specify that the additional premium (for the Endorsements) is only applicable for planted acreage. The changes to the policies made in this rule are applicable for the 2022 and succeeding crop years jbell on DSKJLSW7X2PROD with RULES SUMMARY: VerDate Sep<11>2014 16:13 Apr 29, 2021 Jkt 253001 for crops with a contract change date on or after April 30, 2021. DATES: Effective Date: This final rule is effective April 30, 2021. Comment Date: We will consider comments that we receive by the close of business June 29, 2021. FCIC may consider the comments received and may conduct additional rulemaking based on the comments. ADDRESSES: We invite you to submit comments on this rule. You may submit comments by either of the following methods, although FCIC prefers that you submit comments electronically through the Federal eRulemaking Portal: • Federal eRulemaking Portal: Go to https://www.regulations.gov and search for Docket ID FCIC–21–0001. Follow the instructions for submitting comments. • Mail: Director, Product Administration and Standards Division, Risk Management Agency, US Department of Agriculture, P.O. Box 419205, Kansas City, MO 64133–6205. In your comment, specify docket ID FCIC–21–0001. Comments will be available for viewing online at www.regulations.gov. FOR FURTHER INFORMATION CONTACT: Francie Tolle; telephone (816) 926– 7829; or email Francie.Tolle@usda.gov. SUPPLEMENTARY INFORMATION: Background FCIC serves America’s agricultural producers through effective, marketbased risk management tools to strengthen the economic stability of agricultural producers and rural communities. The Risk Management Agency (RMA) administers the FCIC regulations. FCIC is committed to increasing the availability and effectiveness of Federal crop insurance as a risk management tool. Approved Insurance Providers (AIPs) sell and service Federal crop insurance policies in every state through a public-private partnership. FCIC reinsures the AIPs who share the risk associated with catastrophic losses due to major weather events. FCIC’s vision is to secure the future of agriculture by providing world class risk management tools to rural America. Federal crop insurance policies typically consist of the Basic Provisions, the Crop Provisions, the Special Provisions, the Commodity Exchange Price Provisions, if applicable, other PO 00000 Frm 00001 Fmt 4700 Sfmt 4700 applicable Endorsements or options, the actuarial documents for the insured agricultural commodity, the Catastrophic Risk Protection Endorsement, if applicable, and the applicable regulations published in 7 CFR chapter IV. FCIC amends the Northern Potato Crop Insurance—Quality Endorsement; Northern Potato Crop Insurance— Processing Quality Endorsement; Potato Crop Insurance—Certified Seed Endorsement; and Northern Potato Crop Insurance—Storage Coverage Endorsement. The changes to the policy made in this rule are applicable for the 2022 and succeeding crop years for crops with a contract change date on or after April 30, 2021. Northern Potato Crop Insurance— Quality Endorsement The changes to the Northern Potato Crop Insurance—Quality Endorsement (7 CFR part 457.143) are: • Revising section 2 to specify that the premium is only applicable for planted acreage under this Endorsement by stating that the additional premium amount for this coverage will be determined by multiplying the number of your insured planted acres of potatoes by the premium rate for this Endorsement contained in the actuarial documents. As a result of this change, premium will no longer be charged on acres prevented from planting. • Revising section 2, 4, and 5 to correct the reference to the title within the Federal Register of the Northern Potato Crop Insurance Provisions. FCIC is also revising sections 5 and 6 to correct the reference to the title within the Federal Register of the Northern Potato Crop Insurance—Storage Coverage Endorsement. • Revising section 5(a)(1)(i) and 5(a)(2)(i)(A) to replace ‘‘Special Provisions or addendum thereto’’ with ‘‘actuarial documents’’ to more accurately refer to the location where price elections are published (i.e., prices tab of the actuarial documents). Furthermore, FCIC no longer issues price addendums. • Revising section 10(b) to change the reference location for fresh and processing types specified in the ‘‘actuarial documents’’ to ‘‘Special Provisions’’ to be consistent with the references made in the other Potato Endorsements. The fresh and processing types are specified in both the actuarial E:\FR\FM\30APR1.SGM 30APR1 22840 Federal Register / Vol. 86, No. 82 / Friday, April 30, 2021 / Rules and Regulations documents and Special Provisions; however, other Endorsements refer to the Special Provisions because it is provided to the policyholder in addition to its publication on the RMA website. jbell on DSKJLSW7X2PROD with RULES Northern Potato Crop Insurance— Processing Quality Endorsement The changes to the Northern Potato Crop Insurance—Processing Quality Endorsement (7 CFR part 457.144) are: • Revising section 3 to specify that the premium is only applicable for planted acreage under this Endorsement by stating that the additional premium amount for this coverage will be determined by multiplying the number of your insured planted acres of potatoes by the premium rate for this Endorsement contained in the actuarial documents. As a result of this change, premium will no longer be charged on acres prevented from planting. • Revising section 1, 2, 3, and 8 to correct the reference to the title within the Federal Register of the Northern Potato Crop Insurance—Quality Endorsement. FCIC is also revising section 8 and 9 to correct the reference to the title within the Federal Register of the Northern Potato Crop Insurance— Storage Coverage Endorsement. FCIC is also revising section 2, 3, and 8 to correct the reference to the title within the Federal Register of the Northern Potato Crop Insurance Provisions. • Revising section 8(a)(1) and 8(b)(1)(i) to replace ‘‘Special Provisions or addendum thereto’’ with ‘‘actuarial documents’’ to more accurately refer to the location where price elections are published (i.e., prices tab of the actuarial documents). Furthermore, FCIC no longer issues price addendums. Potato Crop Insurance—Certified Seed Endorsement The changes to the Northern Potato Crop Insurance—Certified Seed Endorsement (7 CFR part 457.145) are: FCIC is revising the title of the Endorsement from ‘‘Potato Crop Insurance—Certified Seed Endorsement’’ to ‘‘Northern Potato Crop Insurance—Certified Seed Endorsement’’ (henceforth referred to as ‘‘Northern Potato Crop Insurance— Certified Seed Endorsement’’). FCIC is revising section 1 to specify that the premium is only applicable for planted acreage of certified seed potatoes under this Endorsement by stating that the additional premium amount for this coverage will be determined by multiplying the number of your insured planted acres of certified seed potatoes by the premium rate for this Endorsement contained in the actuarial documents. As a result of VerDate Sep<11>2014 16:13 Apr 29, 2021 Jkt 253001 this change, premium will no longer be charged on acres prevented from planting. FCIC is revising sections 1, 4, 8, and 9 to correct the reference to the title within the Federal Register of the Northern Potato Crop Insurance Provisions. FCIC is also revising section 1 to correct the reference to the title within the Federal Register of the Northern Potato Crop Insurance— Storage Coverage Endorsement. FCIC is revising sections 7(b) and 7(d) to replace ‘‘Special Provisions’’ with ‘‘actuarial documents’’ to more accurately refer to the location where price elections are published (i.e., prices tab of the actuarial documents). Northern Potato Crop Insurance— Storage Coverage Endorsement The changes to the Northern Potato Crop Insurance—Storage Coverage Endorsement (7 CFR part 457.146) are: • Revising section 1 to specify that the premium is only applicable for planted acreage under this Endorsement by stating that the additional premium amount for this coverage will be determined by multiplying the number of your insured planted acres of potatoes by the premium rate for this Endorsement contained in the actuarial documents. As a result of this change, premium will no longer be charged on acres prevented from planting. • Revising sections 1, 3, 4, and 5 to correct the reference to the title within the Federal Register of the Northern Potato Crop Insurance Provisions. Effective Date and Notice and Comment The Administrative Procedure Act (APA, 5 U.S.C. 553) provides that the notice and comment and 30-day delay in the effective date provisions do not apply when the rule involves specified actions, including matters relating to contracts. This rule governs contracts for crop insurance policies and therefore falls within that exemption. For major rules, the Congressional Review Act requires a delay the effective date of 60 days after publication to allow for Congressional review. This rule is not a major rule under the Congressional Review Act, as defined by 5 U.S.C. 804(2). Therefore, this final rule is effective April 30, 2021. Although not required by APA or any other law, FCIC has chosen to request comments on this rule. Executive Orders 12866 and 13563 Executive Order 12866, ‘‘Regulatory Planning and Review,’’ and Executive Order 13563, ‘‘Improving Regulation and Regulatory Review,’’ direct agencies to assess all costs and benefits of PO 00000 Frm 00002 Fmt 4700 Sfmt 4700 available regulatory alternatives and, if regulation is necessary, to select regulatory approaches that maximize net benefits (including potential economic, environmental, public health and safety effects, distributive impacts, and equity). Executive Order 13563 emphasized the importance of quantifying both costs and benefits, of reducing costs, of harmonizing rules, and of promoting flexibility. The requirements in Executive Orders 12866 and 13563 for the analysis of costs and benefits apply to rules that are determined to be significant. The Office of Management and Budget (OMB) designated this rule as not significant under Executive Order 12866, ‘‘Regulatory Planning and Review,’’ and therefore, OMB has not reviewed this rule and analysis of the costs and benefits is not required under either Executive Order 12866 or 13563. Clarity of the Regulation Executive Order 12866, as supplemented by Executive Order 13563, requires each agency to write all rules in plain language. In addition to your substantive comments on this rule, we invite your comments on how to make the rule easier to understand. For example: • Are the requirements in the rule clearly stated? Are the scope and intent of the rule clear? • Does the rule contain technical language or jargon that is not clear? • Is the material logically organized? • Would changing the grouping or order of sections or adding headings make the rule easier to understand? • Could we improve clarity by adding tables, lists, or diagrams? • Would more, but shorter, sections be better? Are there specific sections that are too long or confusing? • What else could we do to make the rule easier to understand? Regulatory Flexibility Act The Regulatory Flexibility Act (5 U.S.C. 601–612), as amended by SBREFA, generally requires an agency to prepare a regulatory analysis of any rule whenever an agency is required by APA or any other law to publish a proposed rule, unless the agency certifies that the rule will not have a significant economic impact on a substantial number of small entities. This rule is not subject to the Regulatory Flexibility Act because as noted above, this rule is exempt from APA and no other law requires that a proposed rule be published for this rulemaking initiative. E:\FR\FM\30APR1.SGM 30APR1 Federal Register / Vol. 86, No. 82 / Friday, April 30, 2021 / Rules and Regulations Environmental Review In general, the environmental impacts of rules are to be considered in a manner consistent with the provisions of the National Environmental Policy Act (NEPA, 42 U.S.C. 4321–4347) and the regulations of the Council on Environmental Quality (40 CFR parts 1500–1508). FCIC conducts programs and activities that have been determined to have no individual or cumulative effect on the human environment. As specified in 7 CFR 1b.4, FCIC is categorically excluded from the preparation of an Environmental Analysis or Environmental Impact Statement unless the FCIC Manager (agency head) determines that an action may have a significant environmental effect. The FCIC Manager has determined this rule will not have a significant environmental effect. Therefore, FCIC will not prepare an environmental assessment or environmental impact statement for this action and this rule serves as documentation of the programmatic environmental compliance decision. Executive Order 12372 Executive Order 12372, ‘‘Intergovernmental Review of Federal Programs,’’ requires consultation with State and local officials that would be directly affected by proposed Federal financial assistance. The objectives of the Executive Order are to foster an intergovernmental partnership and a strengthened Federalism, by relying on State and local processes for State and local government coordination and review of proposed Federal financial assistance and direct Federal development. For reasons specified in the final rule related notice regarding 7 CFR part 3015, subpart V (48 FR 29115, June 24, 1983), the programs and activities in this rule are excluded from the scope of Executive Order 12372. jbell on DSKJLSW7X2PROD with RULES Executive Order 12988 This rule has been reviewed under Executive Order 12988, ‘‘Civil Justice Reform.’’ This rule will not preempt State or local laws, regulations, or policies unless they represent an irreconcilable conflict with this rule. Before any judicial actions may be brought regarding the provisions of this rule, the administrative appeal provisions of 7 CFR part 11 are to be exhausted. Executive Order 13132 This rule has been reviewed under Executive Order 13132, ‘‘Federalism.’’ The policies contained in this rule do not have any substantial direct effect on States, on the relationship between the VerDate Sep<11>2014 16:13 Apr 29, 2021 Jkt 253001 Federal government and the States, or on the distribution of power and responsibilities among the various levels of government, except as required by law. Nor does this rule impose substantial direct compliance costs on State and local governments. Therefore, consultation with the States is not required. Executive Order 13175 This rule has been reviewed in accordance with the requirements of Executive Order 13175, ‘‘Consultation and Coordination with Indian Tribal Governments.’’ Executive Order 13175 requires Federal agencies to consult and coordinate with Tribes on a government-to-government basis on policies that have Tribal implications, including regulations, legislative comments or proposed legislation, and other policy statements or actions that have substantial direct effects on one or more Indian Tribes, on the relationship between the Federal Government and Indian Tribes or on the distribution of power and responsibilities between the Federal Government and Indian Tribes. RMA has assessed the impact of this rule on Indian Tribes and determined that this rule does not, to our knowledge, have Tribal implications that require Tribal consultation under E.O. 13175. The regulation changes do not have Tribal implications that preempt Tribal law and are not expected have a substantial direct effect on one or more Indian Tribes. If a Tribe requests consultation, RMA will work with the USDA Office of Tribal Relations to ensure meaningful consultation is provided where changes, additions and modifications identified in this rule are not expressly mandated by Congress. The Unfunded Mandates Reform Act of 1995 Title II of the Unfunded Mandates Reform Act of 1995 (UMRA, Pub. L. 104–4) requires Federal agencies to assess the effects of their regulatory actions of State, local, and Tribal governments or the private sector. Agencies generally must prepare a written statement, including cost benefits analysis, for proposed and final rules with Federal mandates that may result in expenditures of $100 million or more in any 1 year for State, local or Tribal governments, in the aggregate, or to the private sector. UMRA generally requires agencies to consider alternatives and adopt the more cost effective or least burdensome alternative that achieves the objectives of the rule. This rule contains no Federal mandates, as defined in Title II of UMRA, for State, local, and Tribal governments or the PO 00000 Frm 00003 Fmt 4700 Sfmt 4700 22841 private sector. Therefore, this rule is not subject to the requirements of sections 202 and 205 of UMRA. Federal Assistance Program The title and number of the Federal Domestic Assistance Program listed in the Catalog of Federal Domestic Assistance to which this rule applies is No. 10.450—Crop Insurance. Paperwork Reduction Act of 1995 In accordance with the provisions of the Paperwork Reduction Act of 1995 (44 U.S.C. chapter 35, subchapter I), the rule does not change the information collection approved by OMB under control numbers 0563–0053. E-Government Act Compliance FCIC is committed to complying with the E-Government Act, to promote the use of the internet and other information technologies to provide increased opportunities for citizen access to Government information and services, and for other purposes. List of Subjects in 7 CFR Part 457 Acreage allotments, Crop insurance, Reporting and recordkeeping requirements. Final Rule For the reasons discussed above, FCIC amends 7 CFR 457 effective for the 2022 and succeeding crop years for crops with a contract change date on or after April 30, 2021, as follows: PART 457—COMMON CROP INSURANCE REGULATIONS 1. The authority citation for part 457 continues to read as follows: ■ Authority: 7 U.S.C. 1506(l) and 1506(o). 2. Amend § 457.143 as follows: a. In the introductory text remove ‘‘2008’’ an add ‘‘2022’’ in its place; ■ b. Revise section 2; ■ c. In section 4, remove the phrase ‘‘Northern Potato Crop Provisions’’ and add ‘‘Northern Potato Crop Insurance Provisions’’ in its place; ■ d. In section 5: ■ i. In the introductory text, remove the phrase ‘‘Northern Potato Crop Provisions’’ and add ‘‘Northern Potato Crop Insurance Provisions’’ in its place; ■ ii. In paragraph (a)(1) introductory text, remove the phrase ‘‘Northern Potato Storage Coverage Endorsement’’ wherever it appears and add in its place the phrase ‘‘Northern Potato Crop Insurance—Storage Coverage Endorsement’’ and remove the phrase ‘‘Northern Potato Crop Provisions’’ and add ‘‘Northern Potato Crop Insurance Provisions’’ in its place; ■ ■ E:\FR\FM\30APR1.SGM 30APR1 22842 Federal Register / Vol. 86, No. 82 / Friday, April 30, 2021 / Rules and Regulations iv. In paragraph (a)(1)(i), remove the phrase ‘‘Special Provisions or addendum thereto’’ and add ‘‘actuarial documents’’ in its place; ■ v. In paragraph (a)(2) introductory text, remove the phrases ‘‘Northern Potato Storage Coverage Endorsement’’ and add ‘‘Northern Potato Crop Insurance—Storage Coverage Endorsement’’ in its place in all places it appears; ■ vi. In paragraph (a)(2)(i)(A), remove the phrase ‘‘Special Provisions or addendum thereto’’ and add ‘‘actuarial documents’’ in its place; ■ vii. In paragraph (a)(2)(ii)(A), remove the phrase ‘‘Northern Potato Storage Coverage Endorsement’’ and add ‘‘Northern Potato Crop Insurance— Storage Coverage Endorsement’’ in its place; ■ viii. In paragraph (a)(2)(ii)(C), remove the phrase ‘‘Northern Potato Crop Provisions’’ and add ‘‘Northern Potato Crop Insurance Provisions’’ in its place; ■ e. In section 6: ■ i. In paragraph (a) introductory text, remove the phrase ‘‘Northern Potato Storage Coverage Endorsement’’ and add ‘‘Northern Potato Crop Insurance— Storage Coverage Endorsement’’ in its place; ■ ii. In paragraph (b), remove the phrase ‘‘Northern Potato Storage Coverage Endorsement’’ and add ‘‘Northern Potato Crop Insurance—Storage Coverage Endorsement’’ in its place; ■ f. In section 8, remove the phrase ‘‘stored’’ and add ‘‘stored,’’ in its place. ■ g. In section 10(b), remove the phrase ‘‘actuarial documents’’ and add ‘‘Special Provisions’’ in its place. The revision reads as follows: ■ § 457.143 Northern potato crop insurance—quality endorsement. jbell on DSKJLSW7X2PROD with RULES * * * * * 2. The additional premium amount for this coverage will be determined by multiplying the number of your insured planted acres of potatoes by the premium rate for this Endorsement contained in the actuarial documents. In return for payment of the additional premium designated in the actuarial documents, this Endorsement is attached to and made part of your Northern Potato Crop Insurance Provisions subject to the terms and conditions described herein. In the event of a conflict between the Northern Potato Crop Insurance Provisions and this Endorsement, this Endorsement will control. * * * * * ■ 3. Amend § 457.144 as follows: ■ a. In the introductory text, remove ‘‘2008’’ an add ‘‘2022’’ in its place; VerDate Sep<11>2014 16:13 Apr 29, 2021 Jkt 253001 b. Under section 1, in the definition of ‘‘percentage factor’’, remove the phrase ‘‘Northern Potato Quality Endorsement’’ and add ‘‘Northern Potato Crop Insurance—Quality Endorsement’’ in its place; ■ c. In section 2: ■ i. In paragraph (a) introductory text, remove the phrase ‘‘Northern Potato Quality Endorsement’’ and add ‘‘Northern Potato Crop Insurance— Quality Endorsement’’ in its place; ■ ii. In paragraph (a)(1), remove the phrase ‘‘Northern Potato Quality Endorsement’’ and add ‘‘Northern Potato Crop Insurance—Quality Endorsement’’ in its place; ■ iii. In paragraph (a)(2), remove the colon after the word ‘‘date’’ and add a semicolon in its place; ■ iv. In paragraph (b)(2), remove the phrase ‘‘Northern Potato Crop Provisions’’ and add ‘‘Northern Potato Crop Insurance Provisions’’ in its place and remove the phrase ‘‘Northern Potato Quality Endorsement’’ and add ‘‘Northern Potato Crop Insurance— Quality Endorsement’’ in its place; ■ d. Revise section 3; ■ e. Under section 4, remove the phrase ‘‘Northern Potato Quality Endorsement’’ and add ‘‘Northern Potato Crop Insurance—Quality Endorsement’’ in its place; ■ f. In section 8: ■ i. In the introductory text, remove the phrase ‘‘Northern Potato Quality Endorsement’’ and add ‘‘Northern Potato Crop Insurance—Quality Endorsement’’ in its place; ■ ii. In the introductory text, remove the phrase ‘‘Northern Potato Crop Provisions’’ and add ‘‘Northern Potato Crop Insurance Provisions’’ wherevers it appears; ■ iii. In paragraph (a) introductory text, remove the phrases ‘‘Northern Potato Storage Coverage Endorsement’’ and add ‘‘Northern Potato Crop Insurance— Storage Coverage Endorsement’’ in its place in all places it appears; ■ iv. In paragraph (a)(1), remove the phrase ‘‘Special Provisions or addendum thereto’’ and add ‘‘actuarial documents’’ in its place; ■ v. In paragraph (b) introductory text, remove the phrases ‘‘Northern Potato Storage Coverage Endorsement’’ and add ‘‘Northern Potato Crop Insurance— Storage Coverage Endorsement’’ in its place in all places it appears; ■ vi. In paragraph (b)(1)(i), remove the phrase ‘‘Special Provisions or addendum thereto’’ and add ‘‘actuarial documents’’ in its place; ■ vii. In paragraph (b)(2)(i) introductory text, remove the phrase ‘‘Northern Potato Storage Coverage Endorsement’’ and add ‘‘Northern Potato Crop ■ PO 00000 Frm 00004 Fmt 4700 Sfmt 4700 Insurance—Storage Coverage Endorsement’’ in its place; ■ viii. In paragraph (b)(2)(i)(B), remove the phrase ‘‘Northern Potato Crop Provisions’’ and add ‘‘Northern Potato Crop Insurance Provisions’’ in its place; ■ g. In section 9: ■ i. In paragraph (a) introductory text, remove the phrase ‘‘Northern Potato Storage Coverage Endorsement’’ and add ‘‘Northern Potato Crop Insurance— Storage Coverage Endorsement’’ in its place; ■ ii. In paragraph (b), remove the phrase ‘‘Northern Potato Storage Coverage Endorsement’’ and add ‘‘Northern Potato Crop Insurance—Storage Coverage Endorsement’’ in its place; The revisions read as follows: § 457.144 Northern potato crop insurance—processing quality endorsement. * * * * * 3. The additional premium amount for this coverage will be determined by multiplying the number of your insured planted acres of potatoes by the premium rate for this Endorsement contained in the actuarial documents. In return for payment of the additional premium designated in the actuarial documents, this Endorsement is attached to and made part of your Northern Potato Crop Insurance Provisions and Northern Potato Crop Insurance—Quality Endorsement subject to the terms and conditions described herein. In the event of a conflict between the Northern Potato Crop Insurance Provisions or Northern Potato Crop Insurance—Quality Endorsement and this Endorsement, this Endorsement will control. * * * * * ■ 4. Amend § 457.145 as follows: ■ a. Revise the section heading; ■ b. In the introductory text: ■ i. Remove the phrases ‘‘Potato Crop Insurance Certified Seed Endorsement Provisions’’ and add ‘‘Northern Potato Crop Insurance Certified Seed Endorsement Provisions’’ in its place wherever it appears; ■ ii. Remove ‘‘2008’’ an add ‘‘2022’’ in its place; ■ c. Revise section 1; ■ d. In section 4, in the introductory text, remove the phrase ‘‘Northern Potato Crop Provisions’’ and add ‘‘Northern Potato Crop Insurance Provisions’’ in its place; ■ e. In section 7: ■ i. In paragraph (b), remove the phrase ‘‘Special Provisions’’ and add ‘‘actuarial documents’’ in its place; ■ ii. In paragraph (d), remove the phrase ‘‘Special Provisions’’ and add ‘‘actuarial documents’’ in its place; E:\FR\FM\30APR1.SGM 30APR1 Federal Register / Vol. 86, No. 82 / Friday, April 30, 2021 / Rules and Regulations f. In section 8, in the introductory text, remove the phrase ‘‘Northern Potato Crop Provisions’’ and add ‘‘Northern Potato Crop Insurance Provisions’’ in its place; ■ g. In section 9: ■ i. Remove the phrases ‘‘Northern Potato Crop Provisions’’ and add ‘‘Northern Potato Crop Insurance Provisions’’ in its place in all places it appears; ■ ii. Remove the phrases ‘‘Northern Potato Crop Insurance Policy’’ and add ‘‘Northern Potato Crop Insurance Provisions’’ in its place in all places it appears. The revisions read as follows: ■ § 457.145 Northern potato crop insurance—certified seed endorsement. jbell on DSKJLSW7X2PROD with RULES * * * * * 1. The additional premium amount for this coverage will be determined by multiplying the number of your insured planted acres of certified seed potatoes by the premium rate for this Endorsement contained in the actuarial documents. In return for payment of the additional premium designated in the actuarial documents, this Endorsement is attached to and made part of your Northern Potato Crop Insurance Provisions subject to the terms and conditions described herein. In accordance with section 8, since your insurance period is not extended in this Endorsement, any additional premium paid for coverage under the Northern Potato Crop Insurance—Storage Coverage Endorsement will not apply to the additional coverage provided under the terms of this Endorsement. In the event of a conflict between the Northern Potato Crop Insurance Provisions and this Endorsement, this Endorsement will control. * * * * * ■ 5. Amend § 457.146 as follows: ■ a. In the introductory text, remove ‘‘2008’’ an add ‘‘2022’’ in its place; ■ b. Revise section 1; ■ c. In section 3, remove the phrase ‘‘Northern Potato Crop Provisions’’ and add ‘‘Northern Potato Crop Insurance Provisions’’ in its place; ■ d. In section 4, remove the phrase ‘‘Northern Potato Crop Provisions’’ and add ‘‘Northern Potato Crop Insurance Provisions’’ in its place; ■ e. In section 5: ■ i. In the introductory text, remove the phrase ‘‘Northern Potato Crop Provisions’’ and add ‘‘Northern Potato Crop Insurance Provisions’’ in its place; ■ ii. In paragraph (a)(1), remove the phrase ‘‘Northern Potato Crop Provisions’’ and add ‘‘Northern Potato Crop Insurance Provisions’’ in its place; VerDate Sep<11>2014 16:13 Apr 29, 2021 Jkt 253001 iii. In paragraph (a)(2), remove the phrases ‘‘Northern Potato Crop Insurance Quality Endorsement’’ and add ‘‘Northern Potato Crop Insurance— Quality Endorsement’’ in its place; and ■ iv. In paragraph (a)(3) introductory text, remove the phrase ‘‘Northern Potato Processing Quality Endorsement’’ and add ‘‘Northern Potato Crop Insurance—Processing Quality Endorsement’’ in its place; The revision reads as follows: ■ § 457.146 Northern potato crop insurance—storage coverage endorsement. * * * * * 1. The additional premium amount for this coverage will be determined by multiplying the number of your insured planted acres of potatoes by the premium rate for this Endorsement contained in the actuarial documents. In return for payment of the required additional premium as contained in the actuarial documents, this Endorsement is attached to and made part of your Northern Potato Crop Insurance Provisions subject to the terms and conditions described herein. In the event of a conflict between the Northern Potato Crop Insurance Provisions and this Endorsement, this Endorsement will control. * * * * * Richard H. Flournoy, Acting Manager, Federal Crop Insurance Corporation. [FR Doc. 2021–08955 Filed 4–29–21; 8:45 am] BILLING CODE 3410–08–P FEDERAL RESERVE SYSTEM 12 CFR Part 252 [Docket R–1603] RIN 7100–AF02 Regulation YY: Stress Test Rules; Correction Board of Governors of the Federal Reserve System (Board). ACTION: Final rule; correcting amendment. AGENCY: The Board is issuing this final rule to correct an error in its Regulation YY (Enhanced Prudential Standards) relating to the company-run stress test requirements for certain large banking organizations. SUMMARY: This final rule is effective April 30, 2021. FOR FURTHER INFORMATION CONTACT: Benjamin McDonough, Associate General Counsel, (202) 452–2036; Julie Anthony, Senior Counsel, (202) 475– DATES: PO 00000 Frm 00005 Fmt 4700 Sfmt 4700 22843 6682; Asad Kudiya, Senior Counsel, (202) 475–6358; Jonah Kind, Counsel, 202–452–2045, or Jasmin Keskinen, Attorney, (202) 475–6650, Legal Division, Board of Governors of the Federal Reserve System, 20th Street and Constitution Avenue NW, Washington, DC 20551. Users of Telecommunications Device for the Deaf (TDD) only, call (202) 263–4869. SUPPLEMENTARY INFORMATION: The Board is making a technical correction to a provision of its rules regarding company-run stress test requirements for certain U.S. bank holding companies, certain U.S. intermediate holding companies of foreign banking organizations, and nonbank financial companies supervised by the Board.1 In a final rule published in March 2020 (SCB final rule),2 the Board adopted a proposal 3 (SCB proposal) to amend its capital rule, capital plan rule, and stress testing rules 4 in order to integrate the capital rule with the Board’s Comprehensive Capital Analysis and Review by introducing the stress capital buffer (SCB) requirement.5 Also in the SCB final rule, the Board amended its stress testing rules to incorporate a definition of ‘‘significant trading activity’’ into the Board’s company-run stress test requirements in order to increase transparency regarding the application of an additional trading and counterparty scenario component. In doing so, the Board inadvertently deleted from these rules language regarding the timing of certain aspects of the trading and counterparty component of the company-run stress test. The deletion of this language did not reflect the amendments to the rule described in the Supplementary Information section of the SCB final rule and was not included or described in the SCB proposal. This final rule corrects the Board’s stress testing rules by restoring the inadvertently deleted regulatory text. Specifically, the technical correction revises these rules by adding to section 252.54(b)(2)(i) of Regulation YY language indicating that the data used in the trading and counterparty component of the company-run stress test must be as of a date selected by the Board between October 1 of the previous calendar year and March 1 of the 1 12 CFR 252.54(b)(2)(i). Q, Y, and YY: Regulatory Capital, Capital Plan, and Stress Test Rules, 85 FR 15576 (March 18, 2020). The SCB final rule took effect on May 18, 2020. 3 80 FR 18160 (April 25, 2018). 4 12 CFR part 217 (Regulation Q); 12 CFR part 225 (Regulation Y); and 12 CFR part 252 (Regulation YY), respectively. 5 85 FR 15576 (March 18, 2020). 2 Regulations E:\FR\FM\30APR1.SGM 30APR1

Agencies

[Federal Register Volume 86, Number 82 (Friday, April 30, 2021)]
[Rules and Regulations]
[Pages 22839-22843]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-08955]



========================================================================
Rules and Regulations
                                                Federal Register
________________________________________________________________________

This section of the FEDERAL REGISTER contains regulatory documents 
having general applicability and legal effect, most of which are keyed 
to and codified in the Code of Federal Regulations, which is published 
under 50 titles pursuant to 44 U.S.C. 1510.

The Code of Federal Regulations is sold by the Superintendent of Documents. 

========================================================================


Federal Register / Vol. 86, No. 82 / Friday, April 30, 2021 / Rules 
and Regulations

[[Page 22839]]



DEPARTMENT OF AGRICULTURE

Federal Crop Insurance Corporation

7 CFR Parts 457

[Docket ID FCIC-21-0001]
RIN 0563-AC71


Northern Potato Crop Insurance--Quality Endorsement; Northern 
Potato Crop Insurance--Processing Quality Endorsement; Potato Crop 
Insurance--Certified Seed Endorsement; and Northern Potato Crop 
Insurance--Storage Coverage Endorsement

AGENCY: Federal Crop Insurance Corporation, USDA.

ACTION: Final rule with request for comments.

-----------------------------------------------------------------------

SUMMARY: The Federal Crop Insurance Corporation (FCIC) amends the 
Northern Potato Crop Insurance--Quality Endorsement; Northern Potato 
Crop Insurance--Processing Quality Endorsement; Potato Crop Insurance--
Certified Seed Endorsement; and Northern Potato Crop Insurance--Storage 
Coverage Endorsement. The intended effect of this action is to specify 
that the premium is only applicable for planted acreage under these 
Endorsements. The Endorsements are designed to protect against losses 
associated with the final harvested crop (potatoes). For example, the 
Northern Potato Crop Insurance--Storage Coverage Endorsement extends 
crop insurance coverage for potatoes that have been harvested and are 
in storage. Acreage prevented from planting would not need coverage 
that is specifically designed for a final harvested crop. FCIC is 
revising the Endorsements to specify that the additional premium (for 
the Endorsements) is only applicable for planted acreage. The changes 
to the policies made in this rule are applicable for the 2022 and 
succeeding crop years for crops with a contract change date on or after 
April 30, 2021.

DATES: 
    Effective Date: This final rule is effective April 30, 2021.
    Comment Date: We will consider comments that we receive by the 
close of business June 29, 2021. FCIC may consider the comments 
received and may conduct additional rulemaking based on the comments.

ADDRESSES: We invite you to submit comments on this rule. You may 
submit comments by either of the following methods, although FCIC 
prefers that you submit comments electronically through the Federal 
eRulemaking Portal:
     Federal eRulemaking Portal: Go to https://www.regulations.gov and search for Docket ID FCIC-21-0001. Follow the 
instructions for submitting comments.
     Mail: Director, Product Administration and Standards 
Division, Risk Management Agency, US Department of Agriculture, P.O. 
Box 419205, Kansas City, MO 64133-6205. In your comment, specify docket 
ID FCIC-21-0001.
    Comments will be available for viewing online at 
www.regulations.gov.

FOR FURTHER INFORMATION CONTACT: Francie Tolle; telephone (816) 926-
7829; or email [email protected].

SUPPLEMENTARY INFORMATION:

Background

    FCIC serves America's agricultural producers through effective, 
market-based risk management tools to strengthen the economic stability 
of agricultural producers and rural communities. The Risk Management 
Agency (RMA) administers the FCIC regulations. FCIC is committed to 
increasing the availability and effectiveness of Federal crop insurance 
as a risk management tool. Approved Insurance Providers (AIPs) sell and 
service Federal crop insurance policies in every state through a 
public-private partnership. FCIC reinsures the AIPs who share the risk 
associated with catastrophic losses due to major weather events. FCIC's 
vision is to secure the future of agriculture by providing world class 
risk management tools to rural America.
    Federal crop insurance policies typically consist of the Basic 
Provisions, the Crop Provisions, the Special Provisions, the Commodity 
Exchange Price Provisions, if applicable, other applicable Endorsements 
or options, the actuarial documents for the insured agricultural 
commodity, the Catastrophic Risk Protection Endorsement, if applicable, 
and the applicable regulations published in 7 CFR chapter IV.
    FCIC amends the Northern Potato Crop Insurance--Quality 
Endorsement; Northern Potato Crop Insurance--Processing Quality 
Endorsement; Potato Crop Insurance--Certified Seed Endorsement; and 
Northern Potato Crop Insurance--Storage Coverage Endorsement. The 
changes to the policy made in this rule are applicable for the 2022 and 
succeeding crop years for crops with a contract change date on or after 
April 30, 2021.

Northern Potato Crop Insurance--Quality Endorsement

    The changes to the Northern Potato Crop Insurance--Quality 
Endorsement (7 CFR part 457.143) are:
     Revising section 2 to specify that the premium is only 
applicable for planted acreage under this Endorsement by stating that 
the additional premium amount for this coverage will be determined by 
multiplying the number of your insured planted acres of potatoes by the 
premium rate for this Endorsement contained in the actuarial documents. 
As a result of this change, premium will no longer be charged on acres 
prevented from planting.
     Revising section 2, 4, and 5 to correct the reference to 
the title within the Federal Register of the Northern Potato Crop 
Insurance Provisions. FCIC is also revising sections 5 and 6 to correct 
the reference to the title within the Federal Register of the Northern 
Potato Crop Insurance--Storage Coverage Endorsement.
     Revising section 5(a)(1)(i) and 5(a)(2)(i)(A) to replace 
``Special Provisions or addendum thereto'' with ``actuarial documents'' 
to more accurately refer to the location where price elections are 
published (i.e., prices tab of the actuarial documents). Furthermore, 
FCIC no longer issues price addendums.
     Revising section 10(b) to change the reference location 
for fresh and processing types specified in the ``actuarial documents'' 
to ``Special Provisions'' to be consistent with the references made in 
the other Potato Endorsements. The fresh and processing types are 
specified in both the actuarial

[[Page 22840]]

documents and Special Provisions; however, other Endorsements refer to 
the Special Provisions because it is provided to the policyholder in 
addition to its publication on the RMA website.

Northern Potato Crop Insurance--Processing Quality Endorsement

    The changes to the Northern Potato Crop Insurance--Processing 
Quality Endorsement (7 CFR part 457.144) are:
     Revising section 3 to specify that the premium is only 
applicable for planted acreage under this Endorsement by stating that 
the additional premium amount for this coverage will be determined by 
multiplying the number of your insured planted acres of potatoes by the 
premium rate for this Endorsement contained in the actuarial documents. 
As a result of this change, premium will no longer be charged on acres 
prevented from planting.
     Revising section 1, 2, 3, and 8 to correct the reference 
to the title within the Federal Register of the Northern Potato Crop 
Insurance--Quality Endorsement. FCIC is also revising section 8 and 9 
to correct the reference to the title within the Federal Register of 
the Northern Potato Crop Insurance--Storage Coverage Endorsement. FCIC 
is also revising section 2, 3, and 8 to correct the reference to the 
title within the Federal Register of the Northern Potato Crop Insurance 
Provisions.
     Revising section 8(a)(1) and 8(b)(1)(i) to replace 
``Special Provisions or addendum thereto'' with ``actuarial documents'' 
to more accurately refer to the location where price elections are 
published (i.e., prices tab of the actuarial documents). Furthermore, 
FCIC no longer issues price addendums.

Potato Crop Insurance--Certified Seed Endorsement

    The changes to the Northern Potato Crop Insurance--Certified Seed 
Endorsement (7 CFR part 457.145) are:
    FCIC is revising the title of the Endorsement from ``Potato Crop 
Insurance--Certified Seed Endorsement'' to ``Northern Potato Crop 
Insurance--Certified Seed Endorsement'' (henceforth referred to as 
``Northern Potato Crop Insurance--Certified Seed Endorsement'').
    FCIC is revising section 1 to specify that the premium is only 
applicable for planted acreage of certified seed potatoes under this 
Endorsement by stating that the additional premium amount for this 
coverage will be determined by multiplying the number of your insured 
planted acres of certified seed potatoes by the premium rate for this 
Endorsement contained in the actuarial documents. As a result of this 
change, premium will no longer be charged on acres prevented from 
planting.
    FCIC is revising sections 1, 4, 8, and 9 to correct the reference 
to the title within the Federal Register of the Northern Potato Crop 
Insurance Provisions. FCIC is also revising section 1 to correct the 
reference to the title within the Federal Register of the Northern 
Potato Crop Insurance--Storage Coverage Endorsement.
    FCIC is revising sections 7(b) and 7(d) to replace ``Special 
Provisions'' with ``actuarial documents'' to more accurately refer to 
the location where price elections are published (i.e., prices tab of 
the actuarial documents).

Northern Potato Crop Insurance--Storage Coverage Endorsement

    The changes to the Northern Potato Crop Insurance--Storage Coverage 
Endorsement (7 CFR part 457.146) are:
     Revising section 1 to specify that the premium is only 
applicable for planted acreage under this Endorsement by stating that 
the additional premium amount for this coverage will be determined by 
multiplying the number of your insured planted acres of potatoes by the 
premium rate for this Endorsement contained in the actuarial documents. 
As a result of this change, premium will no longer be charged on acres 
prevented from planting.
     Revising sections 1, 3, 4, and 5 to correct the reference 
to the title within the Federal Register of the Northern Potato Crop 
Insurance Provisions.

Effective Date and Notice and Comment

    The Administrative Procedure Act (APA, 5 U.S.C. 553) provides that 
the notice and comment and 30-day delay in the effective date 
provisions do not apply when the rule involves specified actions, 
including matters relating to contracts. This rule governs contracts 
for crop insurance policies and therefore falls within that exemption.
    For major rules, the Congressional Review Act requires a delay the 
effective date of 60 days after publication to allow for Congressional 
review. This rule is not a major rule under the Congressional Review 
Act, as defined by 5 U.S.C. 804(2). Therefore, this final rule is 
effective April 30, 2021. Although not required by APA or any other 
law, FCIC has chosen to request comments on this rule.

Executive Orders 12866 and 13563

    Executive Order 12866, ``Regulatory Planning and Review,'' and 
Executive Order 13563, ``Improving Regulation and Regulatory Review,'' 
direct agencies to assess all costs and benefits of available 
regulatory alternatives and, if regulation is necessary, to select 
regulatory approaches that maximize net benefits (including potential 
economic, environmental, public health and safety effects, distributive 
impacts, and equity). Executive Order 13563 emphasized the importance 
of quantifying both costs and benefits, of reducing costs, of 
harmonizing rules, and of promoting flexibility. The requirements in 
Executive Orders 12866 and 13563 for the analysis of costs and benefits 
apply to rules that are determined to be significant.
    The Office of Management and Budget (OMB) designated this rule as 
not significant under Executive Order 12866, ``Regulatory Planning and 
Review,'' and therefore, OMB has not reviewed this rule and analysis of 
the costs and benefits is not required under either Executive Order 
12866 or 13563.

Clarity of the Regulation

    Executive Order 12866, as supplemented by Executive Order 13563, 
requires each agency to write all rules in plain language. In addition 
to your substantive comments on this rule, we invite your comments on 
how to make the rule easier to understand. For example:
     Are the requirements in the rule clearly stated? Are the 
scope and intent of the rule clear?
     Does the rule contain technical language or jargon that is 
not clear?
     Is the material logically organized?
     Would changing the grouping or order of sections or adding 
headings make the rule easier to understand?
     Could we improve clarity by adding tables, lists, or 
diagrams?
     Would more, but shorter, sections be better? Are there 
specific sections that are too long or confusing?
     What else could we do to make the rule easier to 
understand?

Regulatory Flexibility Act

    The Regulatory Flexibility Act (5 U.S.C. 601-612), as amended by 
SBREFA, generally requires an agency to prepare a regulatory analysis 
of any rule whenever an agency is required by APA or any other law to 
publish a proposed rule, unless the agency certifies that the rule will 
not have a significant economic impact on a substantial number of small 
entities. This rule is not subject to the Regulatory Flexibility Act 
because as noted above, this rule is exempt from APA and no other law 
requires that a proposed rule be published for this rulemaking 
initiative.

[[Page 22841]]

Environmental Review

    In general, the environmental impacts of rules are to be considered 
in a manner consistent with the provisions of the National 
Environmental Policy Act (NEPA, 42 U.S.C. 4321-4347) and the 
regulations of the Council on Environmental Quality (40 CFR parts 1500-
1508). FCIC conducts programs and activities that have been determined 
to have no individual or cumulative effect on the human environment. As 
specified in 7 CFR 1b.4, FCIC is categorically excluded from the 
preparation of an Environmental Analysis or Environmental Impact 
Statement unless the FCIC Manager (agency head) determines that an 
action may have a significant environmental effect. The FCIC Manager 
has determined this rule will not have a significant environmental 
effect. Therefore, FCIC will not prepare an environmental assessment or 
environmental impact statement for this action and this rule serves as 
documentation of the programmatic environmental compliance decision.

Executive Order 12372

    Executive Order 12372, ``Intergovernmental Review of Federal 
Programs,'' requires consultation with State and local officials that 
would be directly affected by proposed Federal financial assistance. 
The objectives of the Executive Order are to foster an 
intergovernmental partnership and a strengthened Federalism, by relying 
on State and local processes for State and local government 
coordination and review of proposed Federal financial assistance and 
direct Federal development. For reasons specified in the final rule 
related notice regarding 7 CFR part 3015, subpart V (48 FR 29115, June 
24, 1983), the programs and activities in this rule are excluded from 
the scope of Executive Order 12372.

Executive Order 12988

    This rule has been reviewed under Executive Order 12988, ``Civil 
Justice Reform.'' This rule will not preempt State or local laws, 
regulations, or policies unless they represent an irreconcilable 
conflict with this rule. Before any judicial actions may be brought 
regarding the provisions of this rule, the administrative appeal 
provisions of 7 CFR part 11 are to be exhausted.

Executive Order 13132

    This rule has been reviewed under Executive Order 13132, 
``Federalism.'' The policies contained in this rule do not have any 
substantial direct effect on States, on the relationship between the 
Federal government and the States, or on the distribution of power and 
responsibilities among the various levels of government, except as 
required by law. Nor does this rule impose substantial direct 
compliance costs on State and local governments. Therefore, 
consultation with the States is not required.

Executive Order 13175

    This rule has been reviewed in accordance with the requirements of 
Executive Order 13175, ``Consultation and Coordination with Indian 
Tribal Governments.'' Executive Order 13175 requires Federal agencies 
to consult and coordinate with Tribes on a government-to-government 
basis on policies that have Tribal implications, including regulations, 
legislative comments or proposed legislation, and other policy 
statements or actions that have substantial direct effects on one or 
more Indian Tribes, on the relationship between the Federal Government 
and Indian Tribes or on the distribution of power and responsibilities 
between the Federal Government and Indian Tribes.
    RMA has assessed the impact of this rule on Indian Tribes and 
determined that this rule does not, to our knowledge, have Tribal 
implications that require Tribal consultation under E.O. 13175. The 
regulation changes do not have Tribal implications that preempt Tribal 
law and are not expected have a substantial direct effect on one or 
more Indian Tribes. If a Tribe requests consultation, RMA will work 
with the USDA Office of Tribal Relations to ensure meaningful 
consultation is provided where changes, additions and modifications 
identified in this rule are not expressly mandated by Congress.

The Unfunded Mandates Reform Act of 1995

    Title II of the Unfunded Mandates Reform Act of 1995 (UMRA, Pub. L. 
104-4) requires Federal agencies to assess the effects of their 
regulatory actions of State, local, and Tribal governments or the 
private sector. Agencies generally must prepare a written statement, 
including cost benefits analysis, for proposed and final rules with 
Federal mandates that may result in expenditures of $100 million or 
more in any 1 year for State, local or Tribal governments, in the 
aggregate, or to the private sector. UMRA generally requires agencies 
to consider alternatives and adopt the more cost effective or least 
burdensome alternative that achieves the objectives of the rule. This 
rule contains no Federal mandates, as defined in Title II of UMRA, for 
State, local, and Tribal governments or the private sector. Therefore, 
this rule is not subject to the requirements of sections 202 and 205 of 
UMRA.

Federal Assistance Program

    The title and number of the Federal Domestic Assistance Program 
listed in the Catalog of Federal Domestic Assistance to which this rule 
applies is No. 10.450--Crop Insurance.

Paperwork Reduction Act of 1995

    In accordance with the provisions of the Paperwork Reduction Act of 
1995 (44 U.S.C. chapter 35, subchapter I), the rule does not change the 
information collection approved by OMB under control numbers 0563-0053.

E-Government Act Compliance

    FCIC is committed to complying with the E-Government Act, to 
promote the use of the internet and other information technologies to 
provide increased opportunities for citizen access to Government 
information and services, and for other purposes.

List of Subjects in 7 CFR Part 457

    Acreage allotments, Crop insurance, Reporting and recordkeeping 
requirements.

Final Rule

    For the reasons discussed above, FCIC amends 7 CFR 457 effective 
for the 2022 and succeeding crop years for crops with a contract change 
date on or after April 30, 2021, as follows:

PART 457--COMMON CROP INSURANCE REGULATIONS

0
1. The authority citation for part 457 continues to read as follows:

    Authority: 7 U.S.C. 1506(l) and 1506(o).


0
2. Amend Sec.  457.143 as follows:
0
a. In the introductory text remove ``2008'' an add ``2022'' in its 
place;
0
b. Revise section 2;
0
c. In section 4, remove the phrase ``Northern Potato Crop Provisions'' 
and add ``Northern Potato Crop Insurance Provisions'' in its place;
0
d. In section 5:
0
i. In the introductory text, remove the phrase ``Northern Potato Crop 
Provisions'' and add ``Northern Potato Crop Insurance Provisions'' in 
its place;
0
ii. In paragraph (a)(1) introductory text, remove the phrase ``Northern 
Potato Storage Coverage Endorsement'' wherever it appears and add in 
its place the phrase ``Northern Potato Crop Insurance--Storage Coverage 
Endorsement'' and remove the phrase ``Northern Potato Crop Provisions'' 
and add ``Northern Potato Crop Insurance Provisions'' in its place;

[[Page 22842]]

0
iv. In paragraph (a)(1)(i), remove the phrase ``Special Provisions or 
addendum thereto'' and add ``actuarial documents'' in its place;
0
v. In paragraph (a)(2) introductory text, remove the phrases ``Northern 
Potato Storage Coverage Endorsement'' and add ``Northern Potato Crop 
Insurance--Storage Coverage Endorsement'' in its place in all places it 
appears;
0
vi. In paragraph (a)(2)(i)(A), remove the phrase ``Special Provisions 
or addendum thereto'' and add ``actuarial documents'' in its place;
0
vii. In paragraph (a)(2)(ii)(A), remove the phrase ``Northern Potato 
Storage Coverage Endorsement'' and add ``Northern Potato Crop 
Insurance--Storage Coverage Endorsement'' in its place;
0
viii. In paragraph (a)(2)(ii)(C), remove the phrase ``Northern Potato 
Crop Provisions'' and add ``Northern Potato Crop Insurance Provisions'' 
in its place;
0
e. In section 6:
0
i. In paragraph (a) introductory text, remove the phrase ``Northern 
Potato Storage Coverage Endorsement'' and add ``Northern Potato Crop 
Insurance--Storage Coverage Endorsement'' in its place;
0
ii. In paragraph (b), remove the phrase ``Northern Potato Storage 
Coverage Endorsement'' and add ``Northern Potato Crop Insurance--
Storage Coverage Endorsement'' in its place;
0
f. In section 8, remove the phrase ``stored'' and add ``stored,'' in 
its place.
0
g. In section 10(b), remove the phrase ``actuarial documents'' and add 
``Special Provisions'' in its place.
    The revision reads as follows:


Sec.  457.143  Northern potato crop insurance--quality endorsement.

* * * * *
    2. The additional premium amount for this coverage will be 
determined by multiplying the number of your insured planted acres of 
potatoes by the premium rate for this Endorsement contained in the 
actuarial documents. In return for payment of the additional premium 
designated in the actuarial documents, this Endorsement is attached to 
and made part of your Northern Potato Crop Insurance Provisions subject 
to the terms and conditions described herein. In the event of a 
conflict between the Northern Potato Crop Insurance Provisions and this 
Endorsement, this Endorsement will control.
* * * * *

0
3. Amend Sec.  457.144 as follows:
0
a. In the introductory text, remove ``2008'' an add ``2022'' in its 
place;
0
b. Under section 1, in the definition of ``percentage factor'', remove 
the phrase ``Northern Potato Quality Endorsement'' and add ``Northern 
Potato Crop Insurance--Quality Endorsement'' in its place;
0
c. In section 2:
0
i. In paragraph (a) introductory text, remove the phrase ``Northern 
Potato Quality Endorsement'' and add ``Northern Potato Crop Insurance--
Quality Endorsement'' in its place;
0
ii. In paragraph (a)(1), remove the phrase ``Northern Potato Quality 
Endorsement'' and add ``Northern Potato Crop Insurance--Quality 
Endorsement'' in its place;
0
iii. In paragraph (a)(2), remove the colon after the word ``date'' and 
add a semicolon in its place;
0
iv. In paragraph (b)(2), remove the phrase ``Northern Potato Crop 
Provisions'' and add ``Northern Potato Crop Insurance Provisions'' in 
its place and remove the phrase ``Northern Potato Quality Endorsement'' 
and add ``Northern Potato Crop Insurance--Quality Endorsement'' in its 
place;
0
d. Revise section 3;
0
e. Under section 4, remove the phrase ``Northern Potato Quality 
Endorsement'' and add ``Northern Potato Crop Insurance--Quality 
Endorsement'' in its place;
0
f. In section 8:
0
i. In the introductory text, remove the phrase ``Northern Potato 
Quality Endorsement'' and add ``Northern Potato Crop Insurance--Quality 
Endorsement'' in its place;
0
ii. In the introductory text, remove the phrase ``Northern Potato Crop 
Provisions'' and add ``Northern Potato Crop Insurance Provisions'' 
wherevers it appears;
0
iii. In paragraph (a) introductory text, remove the phrases ``Northern 
Potato Storage Coverage Endorsement'' and add ``Northern Potato Crop 
Insurance--Storage Coverage Endorsement'' in its place in all places it 
appears;
0
iv. In paragraph (a)(1), remove the phrase ``Special Provisions or 
addendum thereto'' and add ``actuarial documents'' in its place;
0
v. In paragraph (b) introductory text, remove the phrases ``Northern 
Potato Storage Coverage Endorsement'' and add ``Northern Potato Crop 
Insurance--Storage Coverage Endorsement'' in its place in all places it 
appears;
0
vi. In paragraph (b)(1)(i), remove the phrase ``Special Provisions or 
addendum thereto'' and add ``actuarial documents'' in its place;
0
vii. In paragraph (b)(2)(i) introductory text, remove the phrase 
``Northern Potato Storage Coverage Endorsement'' and add ``Northern 
Potato Crop Insurance--Storage Coverage Endorsement'' in its place;
0
viii. In paragraph (b)(2)(i)(B), remove the phrase ``Northern Potato 
Crop Provisions'' and add ``Northern Potato Crop Insurance Provisions'' 
in its place;
0
g. In section 9:
0
i. In paragraph (a) introductory text, remove the phrase ``Northern 
Potato Storage Coverage Endorsement'' and add ``Northern Potato Crop 
Insurance--Storage Coverage Endorsement'' in its place;
0
ii. In paragraph (b), remove the phrase ``Northern Potato Storage 
Coverage Endorsement'' and add ``Northern Potato Crop Insurance--
Storage Coverage Endorsement'' in its place;
    The revisions read as follows:


Sec.  457.144  Northern potato crop insurance--processing quality 
endorsement.

* * * * *
    3. The additional premium amount for this coverage will be 
determined by multiplying the number of your insured planted acres of 
potatoes by the premium rate for this Endorsement contained in the 
actuarial documents. In return for payment of the additional premium 
designated in the actuarial documents, this Endorsement is attached to 
and made part of your Northern Potato Crop Insurance Provisions and 
Northern Potato Crop Insurance--Quality Endorsement subject to the 
terms and conditions described herein. In the event of a conflict 
between the Northern Potato Crop Insurance Provisions or Northern 
Potato Crop Insurance--Quality Endorsement and this Endorsement, this 
Endorsement will control.
* * * * *

0
4. Amend Sec.  457.145 as follows:
0
a. Revise the section heading;
0
b. In the introductory text:
0
i. Remove the phrases ``Potato Crop Insurance Certified Seed 
Endorsement Provisions'' and add ``Northern Potato Crop Insurance 
Certified Seed Endorsement Provisions'' in its place wherever it 
appears;
0
ii. Remove ``2008'' an add ``2022'' in its place;
0
c. Revise section 1;
0
d. In section 4, in the introductory text, remove the phrase ``Northern 
Potato Crop Provisions'' and add ``Northern Potato Crop Insurance 
Provisions'' in its place;
0
e. In section 7:
0
i. In paragraph (b), remove the phrase ``Special Provisions'' and add 
``actuarial documents'' in its place;
0
ii. In paragraph (d), remove the phrase ``Special Provisions'' and add 
``actuarial documents'' in its place;

[[Page 22843]]

0
f. In section 8, in the introductory text, remove the phrase ``Northern 
Potato Crop Provisions'' and add ``Northern Potato Crop Insurance 
Provisions'' in its place;
0
g. In section 9:
0
i. Remove the phrases ``Northern Potato Crop Provisions'' and add 
``Northern Potato Crop Insurance Provisions'' in its place in all 
places it appears;
0
ii. Remove the phrases ``Northern Potato Crop Insurance Policy'' and 
add ``Northern Potato Crop Insurance Provisions'' in its place in all 
places it appears.
    The revisions read as follows:


Sec.  457.145  Northern potato crop insurance--certified seed 
endorsement.

* * * * *
    1. The additional premium amount for this coverage will be 
determined by multiplying the number of your insured planted acres of 
certified seed potatoes by the premium rate for this Endorsement 
contained in the actuarial documents. In return for payment of the 
additional premium designated in the actuarial documents, this 
Endorsement is attached to and made part of your Northern Potato Crop 
Insurance Provisions subject to the terms and conditions described 
herein. In accordance with section 8, since your insurance period is 
not extended in this Endorsement, any additional premium paid for 
coverage under the Northern Potato Crop Insurance--Storage Coverage 
Endorsement will not apply to the additional coverage provided under 
the terms of this Endorsement. In the event of a conflict between the 
Northern Potato Crop Insurance Provisions and this Endorsement, this 
Endorsement will control.
* * * * *

0
5. Amend Sec.  457.146 as follows:
0
a. In the introductory text, remove ``2008'' an add ``2022'' in its 
place;
0
b. Revise section 1;
0
c. In section 3, remove the phrase ``Northern Potato Crop Provisions'' 
and add ``Northern Potato Crop Insurance Provisions'' in its place;
0
d. In section 4, remove the phrase ``Northern Potato Crop Provisions'' 
and add ``Northern Potato Crop Insurance Provisions'' in its place;
0
e. In section 5:
0
i. In the introductory text, remove the phrase ``Northern Potato Crop 
Provisions'' and add ``Northern Potato Crop Insurance Provisions'' in 
its place;
0
ii. In paragraph (a)(1), remove the phrase ``Northern Potato Crop 
Provisions'' and add ``Northern Potato Crop Insurance Provisions'' in 
its place;
0
iii. In paragraph (a)(2), remove the phrases ``Northern Potato Crop 
Insurance Quality Endorsement'' and add ``Northern Potato Crop 
Insurance--Quality Endorsement'' in its place; and
0
iv. In paragraph (a)(3) introductory text, remove the phrase ``Northern 
Potato Processing Quality Endorsement'' and add ``Northern Potato Crop 
Insurance--Processing Quality Endorsement'' in its place;
    The revision reads as follows:


 Sec.  457.146  Northern potato crop insurance--storage coverage 
endorsement.

* * * * *
    1. The additional premium amount for this coverage will be 
determined by multiplying the number of your insured planted acres of 
potatoes by the premium rate for this Endorsement contained in the 
actuarial documents. In return for payment of the required additional 
premium as contained in the actuarial documents, this Endorsement is 
attached to and made part of your Northern Potato Crop Insurance 
Provisions subject to the terms and conditions described herein. In the 
event of a conflict between the Northern Potato Crop Insurance 
Provisions and this Endorsement, this Endorsement will control.
* * * * *

Richard H. Flournoy,
Acting Manager, Federal Crop Insurance Corporation.
[FR Doc. 2021-08955 Filed 4-29-21; 8:45 am]
BILLING CODE 3410-08-P

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.