Agencies and Commissions October 24, 2006 – Federal Register Recent Federal Regulation Documents

This final rule makes the following administrative changes to NASA internal procedures: 14 CFR 1260.12(c)(3)(iii) is revised to identify the new name of the Science Mission Directorate's (SMD's) graduate fellowship program; and 14 CFR 1274.211(a) is revised to conform the HQ public announcement procedures to those in the NASA FAR Supplement (NFS).

This is a notice of the Presidential declaration of a major disaster for Public Assistance Only for the State of Alaska (FEMA-1663- DR), dated 10/16/2006. Incident: Severe Storms, Flooding, Landslides, and Mudslides. Incident Period: 08/15/2006 through 08/25/2006. Effective Date: 10/16/2006. Physical Loan Application Deadline Date: 12/15/2006.

This is a notice of an Administrative declaration of a disaster for the Commonwealth of Virginia dated 10/16/2006. Incident: Tropical Storm Ernesto. Incident Period: 08/30/2006 through 09/01/2006. Effective Date: 10/16/2006. Physical Loan Application Deadline Date: 12/15/2006. Economic Injury (EIDL) Loan Application Deadline Date: 07/16/2007.

The Board is amending Regulation D, Reserve Requirements of Depository Institutions, to reflect the annual indexing of the reserve requirement exemption amount and the low reserve tranche for 2007. The Regulation D amendments set the amount of total reservable liabilities of each depository institution that is subject to a zero percent reserve requirement in 2007 at $8.5 million, up from $7.8 million in 2006. This amount is known as the reserve requirement exemption amount. The Regulation D amendment also sets the amount of net transaction accounts at each depository institution that is subject to a three percent reserve requirement in 2007 at $45.8 million, down from $48.3 million in 2006. This amount is known as the low reserve tranche. The adjustments to both of these amounts are derived using statutory formulas specified in the Federal Reserve Act. The Board is also announcing changes in two other amounts, the nonexempt deposit cutoff level and the reduced reporting limit, that are used to determine the frequency at which depository institutions must submit deposit reports.

The Board of Governors of the Federal Reserve System (Board) is publishing this notice in accordance with Section 202 of the Notification and Federal Employee Antidiscrimination and Retaliation Act of 2002 (No FEAR Act) and the regulations thereunder issued by the Office of Personnel Management concerning notice and training.

This rule finalizes the U.S. Small Business Administration's (SBA) November 14, 2005 interim final rule that amended the small business size standard for its Surety Bond Guarantee (SBG) Program for construction (general or special trades) or service concerns performing contracts in the Presidentially-declared disaster areas resulting from the 2005 Hurricanes Katrina, Rita, and Wilma by allowing them to meet either the size standard for the primary industry in which it, together with its affiliates, is engaged, or the current $6.5 million standard for the SBG Program, whichever is higher. The size standard under this rule will remain in effect until SBA determines it is no longer necessary.