2020 Tax Information for Use in the Revenue Shortfall Allocation Method, 31547-31548 [2021-12440]
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31547
Federal Register / Vol. 86, No. 112 / Monday, June 14, 2021 / Notices
2021–008 and should be submitted on
or before July 6, 2021.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.34
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021–12338 Filed 6–11–21; 8:45 am]
BILLING CODE 8011–01–P
DEPARTMENT OF STATE
[Public Notice: 11440]
Notice of Public Meeting
As required by the Federal Advisory
Committee Act, Public Law 92–463, the
Department of State gives notice of a
meeting of the Advisory Committee on
International Postal and Delivery
Services. This Committee will meet
virtually on Thursday, July 15, 2021,
from 1:00 p.m. to 5:00 p.m. Eastern
Time, hosted on a Webex platform,
meeting number 199 494 5652, code
ddMnU572653 (33668572 from phones).
Members of the public interested in
providing input to the meeting should
contact Ms. Shereece Robinson, whose
contact information is listed below (see
the FOR FURTHER INFORMATION section of
this notice). Individuals providing oral
input are requested to limit their
comments to five minutes. Requests to
be added to the speakers list must be
received in writing (by email) prior to
the close of business on Thursday, July
8, 2021; written comments from
members of the public for distribution at
this meeting must reach Ms. Robinson
by email on this same date. Requests
received after that date, including any
requests for reasonable accommodation,
will be considered but might not be able
to be fulfilled.
The agenda of the meeting will focus
on U.S. positions on issues for the 27th
Congress of the Universal Postal Union,
currently scheduled for August 9–27 in
Abidjan, Cote d’Ivoire. Issues under
consideration at the Congress include
modifications to the rules of procedure
to allow hybrid (i.e., mixed virtual and
physically present) Congresses, the
opening of the UPU to wider postal
sector actors, reform of the system of
member states’ contributions, and
interpretation of the 2019 Geneva
accord on compensation for E-format
items.
FOR FURTHER INFORMATION CONTACT:
Please contact Ms. Shereece Robinson of
the Office of Specialized and Technical
Agencies (IO/STA), Bureau of
International Organization Affairs, U.S.
Department of State, at tel. (202) 538–
4442 or by email at RobinsonSA2@
state.gov.
Zachary A. Parker,
Director, Office of Directives Management,
U.S. Department of State.
[FR Doc. 2021–12434 Filed 6–11–21; 8:45 am]
BILLING CODE 4710–19–P
SURFACE TRANSPORTATION BOARD
[Docket No. EP 682 (Sub-No. 12)]
2020 Tax Information for Use in the
Revenue Shortfall Allocation Method
Surface Transportation Board.
Notice.
AGENCY:
ACTION:
The Board is publishing, and
providing the public an opportunity to
comment on, the 2020 weighted average
state tax rates for each Class I railroad,
as calculated by the Association of
American Railroads (AAR), for use in
the Revenue Shortfall Allocation
Method (RSAM).
DATES: Comments are due by July 14,
2021. If any comments opposing AAR’s
calculation are filed, AAR’s reply will
be due by August 3, 2021. If no
comments are filed by July 14, 2021,
AAR’s calculation of the 2020 weighted
average state tax rates will be
automatically adopted by the Board,
effective July 15, 2021.
ADDRESSES: Comments should be filed
with the Surface Transportation Board
via e-filing on the Board’s website.
SUMMARY:
FOR FURTHER INFORMATION CONTACT:
Nathaniel Bawcombe at (202) 245–0376.
Assistance for the hearing impaired is
available through the Federal Relay
Service at (800) 877–8339.
The
RSAM figure is one of three benchmarks
that together are used to determine the
reasonableness of a challenged rate
under the Board’s Simplified Standards
for Rail Rate Cases, EP 646 (Sub-No. 1),
slip op. at 10 (STB served Sept. 5,
2007),1 as further revised in Simplified
Standards for Rail Rate Cases—Taxes in
Revenue Shortfall Allocation Method
(Simplified Standards—Taxes in
RSAM), EP 646 (Sub-No. 2) (STB served
Nov. 21, 2008). RSAM is intended to
measure the average markup that the
railroad would need to collect from all
of its ‘‘potentially captive traffic’’ (traffic
with a revenue-to-variable-cost ratio
above 180%) to earn adequate revenues
as measured by the Board under 49
U.S.C. 10704(a)(2) (i.e., earn a return on
investment equal to the railroad
industry cost of capital). Simplified
Standards—Taxes in RSAM, EP 646
(Sub-No. 2), slip op. at 1. In Simplified
Standards—Taxes in RSAM, EP 646
(Sub-No. 2), slip op. at 3, 5, the Board
modified its RSAM formula to account
for taxes, as the prior formula
mistakenly compared pre-tax and aftertax revenues. In that decision, the Board
stated that it would institute a separate
proceeding in which Class I railroads
would be required to submit the annual
tax information necessary for the
Board’s annual RSAM calculation. Id. at
5–6.
Pursuant to 49 CFR 1135.2, AAR is
required to annually calculate and
submit to the Board the weighted
average state tax rate for each Class I
railroad for the previous year. On May
28, 2021, AAR filed its calculation of
the weighted average state tax rates for
2020, listed below for each Class I
railroad:
SUPPLEMENTARY INFORMATION:
WEIGHTED AVERAGE STATE TAX RATES
2020
(%)
lotter on DSK11XQN23PROD with NOTICES1
Railroad
BNSF Railway Company .............................................................................................................
CSX Transportation, Inc ..............................................................................................................
Grand Trunk Corporation .............................................................................................................
The Kansas City Southern Railway Company ............................................................................
Norfolk Southern Combined Railroad Subsidiaries .....................................................................
Soo Line Corporation ...................................................................................................................
34 17
CFR 200.30–3(a)(12).
VerDate Sep<11>2014
17:26 Jun 11, 2021
5.119
5.101
8.124
5.139
5.713
8.122
1 Aff’d sub nom. CSX Transp., Inc. v. STB, 568
F.3d 236 (D.C. Cir. 2009), vacated in part on reh’g,
584 F.3d 1076 (D.C. Cir. 2009).
Jkt 253001
PO 00000
Frm 00071
Fmt 4703
Sfmt 4703
E:\FR\FM\14JNN1.SGM
14JNN1
2019
(%)
5.234
5.097
8.129
5.711
5.697
8.181
% Change
¥0.115
0.004
¥0.005
¥0.572
0.016
¥0.059
31548
Federal Register / Vol. 86, No. 112 / Monday, June 14, 2021 / Notices
WEIGHTED AVERAGE STATE TAX RATES—Continued
2020
(%)
Railroad
Union Pacific Railroad Company .................................................................................................
Any party wishing to comment on
AAR’s calculation of the 2020 weighted
average state tax rates should file a
comment by July 14, 2021. See 49 CFR
1135.2(c). If any comments opposing
AAR’s calculations are filed, AAR’s
reply will be due by August 3, 2021. Id.
If any comments are filed, the Board
will review AAR’s submission, together
with the comments, and serve a
decision within 60 days of the close of
the record that either accepts, rejects, or
modifies AAR’s railroad-specific tax
information. Id. If no comments are filed
by July 14, 2021, AAR’s submitted
weighted average state tax rates will be
automatically adopted by the Board,
effective July 15, 2021. Id.
Decided: June 9, 2021.
By the Board, Scott M. Zimmerman, Acting
Director, Office of Proceedings.
Jeffrey Herzig,
Clearance Clerk.
[FR Doc. 2021–12440 Filed 6–11–21; 8:45 am]
BILLING CODE 4915–01–P
DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration
Public Notice for Waiver of
Aeronautical Land Use Assurance;
Rogue Valley International-Medford
Airport, Medford, Oregon
Federal Aviation
Administration, (FAA), DOT.
ACTION: Notice.
lotter on DSK11XQN23PROD with NOTICES1
[FR Doc. 2021–12421 Filed 6–11–21; 8:45 am]
Notice is being given that the
FAA is considering a proposal from the
County of Jackson Airport Director to
change certain portions of the airport
from aeronautical use to nonaeronautical use at Rogue Valley
International-Medford Airport, Medford,
Oregon. The proposal consists of
portions of certain parcels located
northwest and southwest of the airfield.
DATES: Comments are due within 30
days of the date of the publication of
this notice in the Federal Register.
Emailed comments can be provided to
Ms. Mandi M. Lesauis, Program
Specialist, Seattle Airports District
Office, mandi.lesauis@faa.gov.
FOR FURTHER INFORMATION CONTACT: Mr.
Jerry Brienza, Airport Director, County
of 1000 Terminal Loop Parkway,
VerDate Sep<11>2014
17:26 Jun 11, 2021
Jkt 253001
Under the
provisions of Title 49, U.S.C. 47153(c),
and 47107(h)(2), the FAA is considering
a proposal from the Airport Director,
County of Jackson, to change a portion
of the Rogue Valley InternationalMedford Airport from aeronautical use
to non-aeronautical use. The proposal
consists of 8.1 acres of Parcel APE 2–01,
1.5 acres of Parcel 2–02 and 1.6 acres of
Parcel 2–03 located off of Lawnsdale
and Bullock Roads and 6 acres of Parcel
3–01 and 2.3 acres of Parcel 3–02
located off of Biddle Road. The partial
parcels are vacant, landlocked and do
not have airfield access. The proposed
property will be developed for
commercial purposes. The FAA concurs
that the parcels are no longer needed for
aeronautical purposes. The proposed
use of this property is compatible with
other airport operations in accordance
with FAA’s Policy and Procedures
Concerning the Use of Airport Revenue,
published in Federal Register on
February 16, 1999.
SUPPLEMENTARY INFORMATION:
Issued in Des Moines, Washington, on June
9, 2021.
Warren D. Ferrell,
Acting Manager, Seattle Airports District
Office.
AGENCY:
SUMMARY:
Medford, OR 97504; or Mandi M.
Lesauis, Program Specialist, Seattle
Airports District Office, 2200 S 216 St.,
Des Moines, WA, 98198,
mandi.lesauis@faa.gov, (206) 231–4140.
Documents reflecting this FAA action
may be reviewed at the above locations.
BILLING CODE 4910–13–P
DEPARTMENT OF TRANSPORTATION
Federal Highway Administration
Notice of Availability of the Draft
Environmental Impact Statement for
the El Camino Real Roadway Renewal
Project, in San Mateo County,
California
Federal Highway
Administration (FHWA), U.S.
Department of Transportation (DOT).
AGENCY:
Notice of Availability (NOA) of
a Draft Environmental Impact Statement
(Draft EIS) for the El Camino Real
Roadway Renewal Project.
ACTION:
PO 00000
Frm 00072
Fmt 4703
Sfmt 4703
5.598
2019
(%)
5.714
% Change
¥0.116
The Federal Highway
Administration (FHWA), on behalf of
the California Department of
Transportation (Caltrans), is issuing this
notice to advise the public that a Draft
EIS is available for the El Camino Real
Roadway Renewal Project (ECR Project),
a proposed highway project on State
Route 82 in San Mateo County,
California.
SUMMARY:
This notice will be accompanied
by a minimum 45-day public comment
period from June 18, 2021, to August 2,
2021. The deadline for public comments
is 5:00 p.m. (PST) on August 2, 2021.
Caltrans will be holding an online
meeting on Wednesday, July 14, 2021
from 5:30 to 7:30 p.m. In addition, an
on-site public meeting will be held on
Friday, July 16, 2021 at the Burlingame
High School Athletic Field, 1 Mangini
Way, Burlingame, California 94010 from
5:30 to 7:30 p.m. The link to the online
meeting will be on the project website:
https://dot.ca.gov/caltrans-near-me/
district-4/d4-projects/d4-san-mateo-82el-camino-real-project or
www.ElCaminoRealProject.com.
Through the project website, the public
will be able to link to a downloadable
version of the Draft EIS, view ECR
Project exhibits and simulations of the
Build and No Build Alternatives, and
access links to previous public outreach
materials and presentations. Questions
or comments during the online meeting
will not be considered public comments
on the Draft EIS, but comments will be
accepted separately in writing through
email at ECRproject@dot.ca.gov or USPS
at the address below. Comments
received in writing during the public
comment period will become part of the
ECR Project administrative record and
will be addressed in the Final EIS,
scheduled for Spring 2022.
The ECR Project setting includes, but
is not limited to, the Howard-Ralston
Eucalyptus Tree Rows, and other
historic resources in the project area
that are on, or eligible for, the National
Register of Historic Places.
The Draft EIS will disclose the range
of alternatives considered, those that
were eliminated from further study, and
the Build Alternative being considered
along with the No Build Alternative.
The Draft EIS will summarize the public
scoping process, a summary of the
public comments received, and
DATES:
E:\FR\FM\14JNN1.SGM
14JNN1
]]>Agencies
[Federal Register Volume 86, Number 112 (Monday, June 14, 2021)]
[Notices]
[Pages 31547-31548]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-12440]
=======================================================================
-----------------------------------------------------------------------
SURFACE TRANSPORTATION BOARD
[Docket No. EP 682 (Sub-No. 12)]
2020 Tax Information for Use in the Revenue Shortfall Allocation
Method
AGENCY: Surface Transportation Board.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Board is publishing, and providing the public an
opportunity to comment on, the 2020 weighted average state tax rates
for each Class I railroad, as calculated by the Association of American
Railroads (AAR), for use in the Revenue Shortfall Allocation Method
(RSAM).
DATES: Comments are due by July 14, 2021. If any comments opposing
AAR's calculation are filed, AAR's reply will be due by August 3, 2021.
If no comments are filed by July 14, 2021, AAR's calculation of the
2020 weighted average state tax rates will be automatically adopted by
the Board, effective July 15, 2021.
ADDRESSES: Comments should be filed with the Surface Transportation
Board via e-filing on the Board's website.
FOR FURTHER INFORMATION CONTACT: Nathaniel Bawcombe at (202) 245-0376.
Assistance for the hearing impaired is available through the Federal
Relay Service at (800) 877-8339.
SUPPLEMENTARY INFORMATION: The RSAM figure is one of three benchmarks
that together are used to determine the reasonableness of a challenged
rate under the Board's Simplified Standards for Rail Rate Cases, EP 646
(Sub-No. 1), slip op. at 10 (STB served Sept. 5, 2007),\1\ as further
revised in Simplified Standards for Rail Rate Cases--Taxes in Revenue
Shortfall Allocation Method (Simplified Standards--Taxes in RSAM), EP
646 (Sub-No. 2) (STB served Nov. 21, 2008). RSAM is intended to measure
the average markup that the railroad would need to collect from all of
its ``potentially captive traffic'' (traffic with a revenue-to-
variable-cost ratio above 180%) to earn adequate revenues as measured
by the Board under 49 U.S.C. 10704(a)(2) (i.e., earn a return on
investment equal to the railroad industry cost of capital). Simplified
Standards--Taxes in RSAM, EP 646 (Sub-No. 2), slip op. at 1. In
Simplified Standards--Taxes in RSAM, EP 646 (Sub-No. 2), slip op. at 3,
5, the Board modified its RSAM formula to account for taxes, as the
prior formula mistakenly compared pre-tax and after-tax revenues. In
that decision, the Board stated that it would institute a separate
proceeding in which Class I railroads would be required to submit the
annual tax information necessary for the Board's annual RSAM
calculation. Id. at 5-6.
---------------------------------------------------------------------------
\1\ Aff'd sub nom. CSX Transp., Inc. v. STB, 568 F.3d 236 (D.C.
Cir. 2009), vacated in part on reh'g, 584 F.3d 1076 (D.C. Cir.
2009).
---------------------------------------------------------------------------
Pursuant to 49 CFR 1135.2, AAR is required to annually calculate
and submit to the Board the weighted average state tax rate for each
Class I railroad for the previous year. On May 28, 2021, AAR filed its
calculation of the weighted average state tax rates for 2020, listed
below for each Class I railroad:
Weighted Average State Tax Rates
----------------------------------------------------------------------------------------------------------------
Railroad 2020 (%) 2019 (%) % Change
----------------------------------------------------------------------------------------------------------------
BNSF Railway Company............................................ 5.119 5.234 -0.115
CSX Transportation, Inc......................................... 5.101 5.097 0.004
Grand Trunk Corporation......................................... 8.124 8.129 -0.005
The Kansas City Southern Railway Company........................ 5.139 5.711 -0.572
Norfolk Southern Combined Railroad Subsidiaries................. 5.713 5.697 0.016
Soo Line Corporation............................................ 8.122 8.181 -0.059
[[Page 31548]]
Union Pacific Railroad Company.................................. 5.598 5.714 -0.116
----------------------------------------------------------------------------------------------------------------
Any party wishing to comment on AAR's calculation of the 2020
weighted average state tax rates should file a comment by July 14,
2021. See 49 CFR 1135.2(c). If any comments opposing AAR's calculations
are filed, AAR's reply will be due by August 3, 2021. Id. If any
comments are filed, the Board will review AAR's submission, together
with the comments, and serve a decision within 60 days of the close of
the record that either accepts, rejects, or modifies AAR's railroad-
specific tax information. Id. If no comments are filed by July 14,
2021, AAR's submitted weighted average state tax rates will be
automatically adopted by the Board, effective July 15, 2021. Id.
Decided: June 9, 2021.
By the Board, Scott M. Zimmerman, Acting Director, Office of
Proceedings.
Jeffrey Herzig,
Clearance Clerk.
[FR Doc. 2021-12440 Filed 6-11-21; 8:45 am]
BILLING CODE 4915-01-P
