Presidential Declaration Amendment of a Major Disaster for the State of Florida, 81613 [2024-23206]
Download as PDF
<![CDATA[
Federal Register / Vol. 89, No. 195 / Tuesday, October 8, 2024 / Notices
ddrumheller on DSK120RN23PROD with NOTICES1
The information collected pursuant to
Rule 15Fb3–2 and Form SBSE–W allows
the Commission to determine whether it
is appropriate to allow an SBS Entity to
withdraw from registration and to
facilitate that withdrawal. Without this
information, the Commission would be
unable to effectively determine whether
it was appropriate to allow an SBS
Entity to withdraw. In addition, it
would be more difficult for the
Commission to properly regulate SBS
Entities if it were unable to quickly
identify those that have withdrawn from
the security-based swap business.
As of September 30, 2024, 53 entities
have registered with the Commission as
SBS Entities. The Commission estimates
that an additional five entities will
register as SBS Entities. The
Commission estimates that these SBS
Entities likely would incur a total
burden of 10,660 burden hours per year
to comply with Rules 15Fb1–1 through
15Fb6–2 and Forms SBSE, SBSE–A,
SBSE–BD, SBSE–C and SBSE–W.
In addition, Rules 15Fb1–1 through
15Fb6–2 and Forms SBSE, SBSE–A,
SBSE–BD, SBSE–C and SBSE–W may
impose certain costs on non-resident
persons that apply to be registered with
the Commission as SBS Entities,
including initial and ongoing costs
associated with obtaining an opinion of
counsel indicating that it can, as a
matter of law, provide the Commission
with access to its books and records and
submit to Commission examinations,
and an ongoing cost associated with
establishing and maintaining a
relationship with a U.S. agent for
service of process.
The staff estimates, based on internet
research,1 that it would cost each
nonresident SBS Entity approximately
$211 annually to appoint and maintain
a relationship with a U.S. agent for
service of process. Consequently, the
total cost for all nonresident SBS
Entities to appoint and maintain
relationships with U.S. agents for
service of process is approximately
$5,697 per year.
Nonresident SBS Entities also would
incur outside legal costs associated with
obtaining an opinion of counsel. The
staff estimates that each of the estimated
27 non-resident persons that likely will
1 See, e.g., https://www.incorp.com/registeredagent-services/ (as of September 13, 2024, $129 per
state per year), https://www.wolterskluwer.com/en/
solutions/ct-corporation/registered-agent-servicessolutions (as of September 13, 2024, $354 per year),
and https://www.ailcorp.com/services/registeredagent (as of September 13, 2024, $149 per year). The
staff sought websites that provided pricing
information and a comprehensive description of
their registered agent services. We calculated our
estimate by averaging the costs provided on these
three websites—($129 + $354 + $149) ÷ 3 = $211.
VerDate Sep<11>2014
17:23 Oct 07, 2024
Jkt 265001
apply to register as SBS Entities with
the Commission would incur, on
average, approximately $25,000 in
outside legal costs to obtain the opinion
of counsel necessary to register, and that
the total annualized cost for
Nonresident SBS Entities to obtain this
opinion of counsel would be
approximately $225,000. Nonresident
SBS Entities would also need to obtain
a revised opinion of counsel after any
changes in the legal or regulatory
framework that would impact the SBS
Entity’s ability to provide, or manner in
which it provides, the Commission with
prompt access to its books and records
or that impacts the Commission’s ability
to inspect and examine the SBS Entity.
We do not believe this would occur
frequently, and therefore estimate that
one non-resident entity may need to
recertify annually. Thus, the total
ongoing cost associated with obtaining a
revised opinion of counsel regarding the
new regulatory regime would be
approximately $25,000 annually.
Consequently, the total annualized cost
burden associated with Rules 15Fb1–1
through 15Fb6–2 and Forms SBSE,
SBSE–A, SBSE–BD, SBSE–C and SBSE–
W would be approximately $255,697
per year.
Written comments are invited on: (a)
whether the proposed collection of
information is necessary for the proper
performance of the functions of the
Commission, including whether the
information shall have practical utility;
(b) the accuracy of the Commission’s
estimate of the burden of the proposed
collection of information; (c) ways to
enhance the quality, utility, and clarity
of the information to be collected; and
(d) ways to minimize the burden of the
collection of information on
respondents, including through the use
of automated collection techniques or
other forms of information technology.
Consideration will be given to
comments and suggestions submitted by
December 9, 2024.
An agency may not conduct or
sponsor, and a person is not required to
respond to, a collection of information
under the PRA unless it displays a
currently valid OMB control number.
Please direct your written comments
to: Austin Gerig, Director/Chief Data
Officer, Securities and Exchange
Commission, c/o Oluwaseun Ajayi, 100
F Street NE, Washington, DC 20549, or
send an email to: PRA_Mailbox@
sec.gov.
Dated: October 3, 2024.
Vanessa A. Countryman,
Secretary.
SMALL BUSINESS ADMINISTRATION
[Disaster Declaration #20699 and #20700;
FLORIDA Disaster Number FL–20012]
Presidential Declaration Amendment of
a Major Disaster for the State of Florida
U.S. Small Business
Administration.
AGENCY:
ACTION:
Amendment 1.
This is an amendment of the
Presidential declaration of a major
disaster for the State of Florida (FEMA–
4828–DR), dated 09/28/2024.
Incident: Hurricane Helene.
Incident Period: 09/23/2024 and
continuing.
SUMMARY:
Issued on 10/01/2024.
Physical Loan Application Deadline
Date: 11/27/2024.
Economic Injury (EIDL) Loan
Application Deadline Date: 06/30/2025.
DATES:
Visit the MySBA Loan
Portal at https://lending.sba.gov to
apply for a disaster assistance loan.
ADDRESSES:
FOR FURTHER INFORMATION CONTACT:
Alan Escobar, Office of Disaster
Recovery & Resilience, U.S. Small
Business Administration, 409 3rd Street
SW, Suite 6050, Washington, DC 20416,
(202) 205–6734.
The notice
of the President’s major disaster
declaration for the State of Florida,
dated 09/28/2024, is hereby amended to
include the following areas as adversely
affected by the disaster:
SUPPLEMENTARY INFORMATION:
Primary Counties (Physical Damage and
Economic Injury Loans): Columbia,
Gilchrist, Hamilton, Leon,
Suwannee.
Contiguous Counties (Economic Injury
Loans Only):
Florida: Baker, Bradford, Gadsden,
Union.
Georgia: Clinch, Echols, Grady.
All other information in the original
declaration remains unchanged.
(Catalog of Federal Domestic Assistance
Number 59008)
Rafaela Monchek,
Deputy Associate Administrator, Office of
Disaster Recovery & Resilience,
[FR Doc. 2024–23206 Filed 10–7–24; 8:45 am]
BILLING CODE 8026–09–P
[FR Doc. 2024–23235 Filed 10–7–24; 8:45 am]
BILLING CODE 8011–01–P
PO 00000
Frm 00197
Fmt 4703
Sfmt 9990
81613
E:\FR\FM\08OCN1.SGM
08OCN1
]]>Agencies
[Federal Register Volume 89, Number 195 (Tuesday, October 8, 2024)]
[Notices]
[Page 81613]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-23206]
=======================================================================
-----------------------------------------------------------------------
SMALL BUSINESS ADMINISTRATION
[Disaster Declaration #20699 and #20700; FLORIDA Disaster Number FL-
20012]
Presidential Declaration Amendment of a Major Disaster for the
State of Florida
AGENCY: U.S. Small Business Administration.
ACTION: Amendment 1.
-----------------------------------------------------------------------
SUMMARY: This is an amendment of the Presidential declaration of a
major disaster for the State of Florida (FEMA-4828-DR), dated 09/28/
2024.
Incident: Hurricane Helene.
Incident Period: 09/23/2024 and continuing.
DATES: Issued on 10/01/2024.
Physical Loan Application Deadline Date: 11/27/2024.
Economic Injury (EIDL) Loan Application Deadline Date: 06/30/2025.
ADDRESSES: Visit the MySBA Loan Portal at https://lending.sba.gov to
apply for a disaster assistance loan.
FOR FURTHER INFORMATION CONTACT: Alan Escobar, Office of Disaster
Recovery & Resilience, U.S. Small Business Administration, 409 3rd
Street SW, Suite 6050, Washington, DC 20416, (202) 205-6734.
SUPPLEMENTARY INFORMATION: The notice of the President's major disaster
declaration for the State of Florida, dated 09/28/2024, is hereby
amended to include the following areas as adversely affected by the
disaster:
Primary Counties (Physical Damage and Economic Injury Loans): Columbia,
Gilchrist, Hamilton, Leon, Suwannee.
Contiguous Counties (Economic Injury Loans Only):
Florida: Baker, Bradford, Gadsden, Union.
Georgia: Clinch, Echols, Grady.
All other information in the original declaration remains
unchanged.
(Catalog of Federal Domestic Assistance Number 59008)
Rafaela Monchek,
Deputy Associate Administrator, Office of Disaster Recovery &
Resilience,
[FR Doc. 2024-23206 Filed 10-7-24; 8:45 am]
BILLING CODE 8026-09-P
