Change in Discount Rate for Water Resources Planning, 6199-6200 [2022-02295]

Download as PDF Federal Register / Vol. 87, No. 23 / Thursday, February 3, 2022 / Notices POLICIES AND PRACTICES FOR STORAGE OF RECORDS: Paper records are contained in file folders stored within filing cabinets. Electronic records are contained in computers, magnetic disks, computer tapes, removable drives, email, and electronic databases. POLICIES AND PRACTICES FOR RETRIEVAL OF RECORDS: The information may be retrieved by various fields including correspondent’s name, project number, correspondence’s identification number, correspondent’s identification number, document identification number, park, organization type, affiliation, or correspondence receipt date. POLICIES AND PRACTICES FOR RETENTION AND DISPOSAL OF RECORDS: Records are retained in accordance with the National Park Service Records Schedule, Resource Management and Lands (Item 1C), which has been approved by NARA (Job No. N1–79– 0801). 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Detailed disposition procedures and processes will be defined, implemented, and published to internal system administration staff within the PEPC technical reference manuals. khammond on DSKJM1Z7X2PROD with NOTICES ADMINISTRATIVE, TECHNICAL, AND PHYSICAL SAFEGUARDS: The records contained in this system are safeguarded in accordance with 43 CFR 2.226 and other applicable security rules and policies. Access to records in the PEPC System is limited to authorized personnel whose official duties require such access. Paper records are secured in file cabinets in areas which are locked during non-duty hours. Computerized records systems follow the National Institute of Standards and Technology privacy and security standards as developed to comply with the Privacy Act of 1974, as amended, 5 U.S.C. 552a; Paperwork Reduction Act of 1995, 44 U.S.C. 3501et seq; Federal VerDate Sep<11>2014 18:08 Feb 02, 2022 Jkt 256001 Information Security Modernization Act of 2014, 44 U.S.C. 3551 et seq; and the Federal Information Processing Standards 199: Standards for Security Categorization of Federal Information and Information Systems. Security controls include user identification, passwords, database permissions, encryption, firewalls, audit logs, network system security monitoring, and software controls. Database tables are kept on separate file servers away from general file storage and other local area network usage. The data itself is stored in a password-protected, client-server database. Security measures establish access levels for different types of users. 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CONTESTING RECORD PROCEDURES: An individual requesting corrections or the removal of material from his or her records should send a signed, written request to the applicable System Manager as identified above. The request must include the specific bureau or office that maintains the record to facilitate location of the applicable records. A request for corrections or removal must meet the requirements of 43 CFR 2.246. NOTIFICATION PROCEDURES: An individual requesting notification of the existence of records on himself or herself should send a signed, written inquiry to the applicable System Manager as identified above. The request must include the specific bureau or office that maintains the record to facilitate location of the applicable records. The request envelope and letter should both be clearly marked ‘‘PRIVACY ACT INQUIRY.’’ A request PO 00000 Frm 00069 Fmt 4703 Sfmt 4703 6199 for notification must meet the requirements of 43 CFR 2.235. EXEMPTIONS PROMULGATED FOR THE SYSTEM: None. HISTORY: 79 FR 30641 (May 28, 2014), modification published at 86 FR 50156 (September 7, 2021). Teri Barnett, Departmental Privacy Officer, Department of the Interior. [FR Doc. 2022–02294 Filed 2–2–22; 8:45 am] BILLING CODE 4312–52–P DEPARTMENT OF THE INTERIOR Bureau of Reclamation [RR83550000, 223R5065C6, RX.59389832.1009676] Change in Discount Rate for Water Resources Planning Bureau of Reclamation, Interior. ACTION: Notice of change in discount rate. AGENCY: The Bureau of Reclamation is announcing the interest rate to be used by Federal agencies in the formulation and evaluation of plans for water and related land resources is 2.25 percent for fiscal year 2022. DATES: This discount rate is to be used for the period October 1, 2021, through and including September 30, 2022. FOR FURTHER INFORMATION CONTACT: Brandee Blumenthal, Bureau of Reclamation, Reclamation Law Administration Division, P.O. Box 25007, Denver, Colorado 80225; telephone (303) 445–2435; or email at bblumenthal@usbr.gov. SUPPLEMENTARY INFORMATION: The Water Resources Planning Act of 1965 and the Water Resources Development Act of 1974 require an annual determination of a discount rate for Federal water resources planning. The discount rate for Federal water resources planning for fiscal year 2022 is 2.25 percent. The prior year’s rate, as announced in the Federal Register on December 11, 2020 (85 FR 80148), was 2.50 percent for fiscal year 2021. Discounting is to be used to convert future monetary values to present values. This rate has been computed in accordance with Section 80(a), Public Law 93–251 (88 Stat. 34), and 18 CFR 704.39, which: (1) Specify that the rate will be based upon the average yield during the preceding fiscal year on interest-bearing marketable securities of SUMMARY: E:\FR\FM\03FEN1.SGM 03FEN1 6200 Federal Register / Vol. 87, No. 23 / Thursday, February 3, 2022 / Notices the United States which, at the time the computation is made, have terms of 15 years or more remaining to maturity (average yield is rounded to nearest oneeighth percent); and (2) provide that the rate will not be raised or lowered more than one-quarter of 1 percent for any year. The U.S. Department of the Treasury calculated the specified average to be 1.8669 percent. In accordance with the Water Resource Council Rules and Regulations, the maximum adjustment allowed for the current fiscal year rate is one-quarter of one percentage point from the previous fiscal year rate, which was 2.50 percent. Therefore, the fiscal year 2022 rate is 2.25 percent. The rate of 2.25 percent will be used by all Federal agencies in the formulation and evaluation of water and related land resources plans for the purpose of discounting future benefits and computing costs or otherwise converting benefits and costs to a common-time basis. Christopher Beardsley, Director, Policy and Programs. [FR Doc. 2022–02295 Filed 2–2–22; 8:45 am] BILLING CODE 4332–90–P DEPARTMENT OF THE INTERIOR Bureau of Reclamation [RR85854000, 223R5065C6, RX.59689831.0000000; OMB Control Number 1006–NEW] Agency Information Collection Activities; Technical Service Center Summer Intern Program Application Bureau of Reclamation, Interior. ACTION: Notice of information collection; request for comment. AGENCY: In accordance with the Paperwork Reduction Act of 1995, we, the Bureau of Reclamation (Reclamation), are proposing a new information collection that is currently in use without OMB approval. The publication of this 60-day notice is the first step in bringing this information collection into compliance. DATES: Interested persons are invited to submit comments on or before April 4, 2022. ADDRESSES: Send your comments on this information collection request (ICR) by mail to Jessica Torrey, Supervisory Civil Engineer, Denver Federal Center, P.O. Box 25007, MS 86–68540, Denver, CO 80225; or by email to jtorrey@ usbr.gov. Please reference OMB Control khammond on DSKJM1Z7X2PROD with NOTICES SUMMARY: VerDate Sep<11>2014 18:08 Feb 02, 2022 Jkt 256001 Number 1006–NEW in the subject line of your comments. FOR FURTHER INFORMATION CONTACT: To request additional information about this ICR, contact Jessica Torrey by email at jtorrey@usbr.gov, or by telephone at (303) 445–2376. Individuals who are hearing or speech impaired may call the Federal Relay Service at (800) 877–8339 for TTY assistance. SUPPLEMENTARY INFORMATION: In accordance with the Paperwork Reduction Act of 1995 (PRA, 44 U.S.C. 3501 et seq.) and 5 CFR 1320.8(d)(1), all information collections require approval under the PRA. We may not conduct or sponsor and you are not required to respond to a collection of information unless it displays a currently valid OMB control number. As part of our continuing effort to reduce paperwork and respondent burdens, we invite the public and other Federal agencies to comment on new, proposed, revised, and continuing collections of information. This helps us assess the impact of our information collection requirements and minimize the public’s reporting burden. It also helps the public understand our information collection requirements and provide the requested data in the desired format. We are especially interested in public comment addressing the following: (1) Whether or not the collection of information is necessary for the proper performance of the functions of the agency, including whether or not the information will have practical utility; (2) The accuracy of our estimate of the burden for this collection of information, including the validity of the methodology and assumptions used; (3) Ways to enhance the quality, utility, and clarity of the information to be collected; and (4) How might the agency minimize the burden of the collection of information on those who are to respond, including through the use of appropriate automated, electronic, mechanical, or other technological collection techniques or other forms of information technology, e.g., permitting electronic submission of response. Comments that you submit in response to this notice are a matter of public record. We will include or summarize each comment in our request to OMB to approve this ICR. Before including your address, phone number, email address, or other personal identifying information in your comment, you should be aware that your entire comment—including your personal identifying information—may be made publicly available at any time. PO 00000 Frm 00070 Fmt 4703 Sfmt 4703 While you can ask us in your comment to withhold your personal identifying information from public review, we cannot guarantee that we will be able to do so. Abstract: The principal purpose for collecting the requested information is to recruit eligible students to participate in Reclamation’s Technical Service Center Summer Intern Program. General contact information will be collected along with information on academic standing and areas/fields of interest. Respondents are also asked to submit an interest letter and resume. Title of Collection: Technical Service Center Summer Intern Program Application. OMB Control Number: 1006–NEW. Form Numbers: 7–3000. Type of Review: In Use Without OMB Approval. Respondents/Affected Public: Students interested in internships at Reclamation. Total Estimated Number of Annual Respondents: 150. Total Estimated Number of Annual Responses: 150. Estimated Completion Time per Response: 140 minutes. Total Estimated Number of Annual Burden Hours: 350 hours. Respondent’s Obligation: Required to obtain or retain a benefit. Frequency of Collection: Annually. Total Estimated Annual Non-hour Burden Cost: $0. An agency may not conduct or sponsor and a person is not required to respond to a collection of information unless it displays a currently valid OMB control number. The authority for this action is the Paperwork Reduction Act of 1995 (44 U.S.C. 3501 et seq). Richard LaFond, Director, Technical Service Center. [FR Doc. 2022–02296 Filed 2–2–22; 8:45 am] BILLING CODE 4332–90–P INTERNATIONAL TRADE COMMISSION [Investigation No. 337–TA–1297] Certain Video Processing Devices, Components Thereof, and Digital Smart Televisions Containing the Same II; Institution of Investigation U.S. International Trade Commission. ACTION: Notice. AGENCY: Notice is hereby given that a complaint was filed with the U.S. International Trade Commission on SUMMARY: E:\FR\FM\03FEN1.SGM 03FEN1

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[Federal Register Volume 87, Number 23 (Thursday, February 3, 2022)]
[Notices]
[Pages 6199-6200]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-02295]


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DEPARTMENT OF THE INTERIOR

Bureau of Reclamation

[RR83550000, 223R5065C6, RX.59389832.1009676]


Change in Discount Rate for Water Resources Planning

AGENCY: Bureau of Reclamation, Interior.

ACTION: Notice of change in discount rate.

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

SUMMARY: The Bureau of Reclamation is announcing the interest rate to 
be used by Federal agencies in the formulation and evaluation of plans 
for water and related land resources is 2.25 percent for fiscal year 
2022.

DATES: This discount rate is to be used for the period October 1, 2021, 
through and including September 30, 2022.

FOR FURTHER INFORMATION CONTACT: Brandee Blumenthal, Bureau of 
Reclamation, Reclamation Law Administration Division, P.O. Box 25007, 
Denver, Colorado 80225; telephone (303) 445-2435; or email at 
[email protected].

SUPPLEMENTARY INFORMATION: The Water Resources Planning Act of 1965 and 
the Water Resources Development Act of 1974 require an annual 
determination of a discount rate for Federal water resources planning. 
The discount rate for Federal water resources planning for fiscal year 
2022 is 2.25 percent. The prior year's rate, as announced in the 
Federal Register on December 11, 2020 (85 FR 80148), was 2.50 percent 
for fiscal year 2021. Discounting is to be used to convert future 
monetary values to present values.
    This rate has been computed in accordance with Section 80(a), 
Public Law 93-251 (88 Stat. 34), and 18 CFR 704.39, which: (1) Specify 
that the rate will be based upon the average yield during the preceding 
fiscal year on interest-bearing marketable securities of

[[Page 6200]]

the United States which, at the time the computation is made, have 
terms of 15 years or more remaining to maturity (average yield is 
rounded to nearest one-eighth percent); and (2) provide that the rate 
will not be raised or lowered more than one-quarter of 1 percent for 
any year. The U.S. Department of the Treasury calculated the specified 
average to be 1.8669 percent. In accordance with the Water Resource 
Council Rules and Regulations, the maximum adjustment allowed for the 
current fiscal year rate is one-quarter of one percentage point from 
the previous fiscal year rate, which was 2.50 percent. Therefore, the 
fiscal year 2022 rate is 2.25 percent.
    The rate of 2.25 percent will be used by all Federal agencies in 
the formulation and evaluation of water and related land resources 
plans for the purpose of discounting future benefits and computing 
costs or otherwise converting benefits and costs to a common-time 
basis.

Christopher Beardsley,
Director, Policy and Programs.
[FR Doc. 2022-02295 Filed 2-2-22; 8:45 am]
BILLING CODE 4332-90-P


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