Unknown. Final rule
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/register/2005/03/30/05-6260·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
--- schema: federal-register doc_type: fedreg source_file: FR-2005-03-30.xml --- 70 60 Wednesday, March 30, 2005 Contents Agriculture Agriculture Department See Foreign Agricultural Service See Natural Resources Conservation Service See Rural Utilities Service RULES Acquisition regulations: Miscellaneous amendments, 16145 05-6261 Antitrust Antitrust Division NOTICES National cooperative research notifications: IMS Global Learning Consortium, Inc., 16306 05-6278 Census Census Bureau NOTICES Agency information collection activities; proposals, submissions, and approvals, 16216-16217 05-6228 Centers Centers for Disease Control and Prevention NOTICES Grant and cooperative agreement awards:
South Africa Medical Research Council, 16290 05-6257 Vietnam National Institute of Hygiene and Epidemiology, 16290-16291 05-6244 Coast Guard Coast Guard RULES Drawbridge operations: Connecticut, 16113 05-6309 Ports and waterways safety: Potomac River, DC; safety zone, 16113-16115 05-6307 PROPOSED RULES Anchorage regulations: Virginia, 16195-16201 05-6305 Drawbridge operations: Massachusetts, 16201-16203 05-6306 NOTICES Transportation Equity Act for the 21st Century; implementation:
National Recreational Boating Safety Program; projects, programs, and activities accounting, 16297-16298 05-6308 Commerce Commerce Department See Census Bureau See Industry and Security Bureau See International Trade Administration See National Oceanic and Atmospheric Administration NOTICES Agency information collection activities; proposals, submissions, and approvals, 05-6229 16214-16216 05-6230 05-6234 05-6236 CITA Committee for the Implementation of Textile Agreements NOTICES Textile and apparel categories:
North American Free Trade Agreement; commercial availability— Woven cotton boxer shorts made from certain fabrics, 16226-16227 E5-1398 Comptroller Comptroller of the Currency NOTICES Agency information collection activities; proposals, submissions, and approvals, 16331-16332 05-6227 Copyright Copyright Office, Library of Congress NOTICES Cable royalty funds: Cable statutory license; royalty rates adjustment, 16306-16308 05-6311 Defense Defense Department NOTICES Meetings: Threat Reduction Advisory Committee, 16227 05-6207 Travel per diem rates, civilian personnel; changes, 16227-16234 05-6206 Education Education Department NOTICES Grants and cooperative agreements; availability, etc.:
Innovation and improvement— Arts in Education Model Development and Dissemination Program, 16234-16242 05-6262 05-6263 Professional Development for Arts Educators Program, 16242-16249 05-6264 05-6265 Vocational and adult education— Smaller Learning Communities Program, 16249-16263 05-6315 05-6316 Energy Energy Department See Federal Energy Regulatory Commission EPA Environmental Protection Agency RULES Air pollution control: State operating permits programs— Texas, 16134-16141 05-6314 Air quality implementation plans; approval and promulgation; various States:
Iowa, 16126-16129 05-6291 Maryland, 16122-16124 05-6287 Pennsylvania, 16115-16122, 16124-16126 05-6280 05-6283 05-6289 Texas, 16129-16134 05-6313 PROPOSED RULES Air quality implementation plans; approval and promulgation; various States: California, 16207-16209 05-6298 Iowa, 16206-16207 05-6292 Maryland, 16205-16206 05-6288 Pennsylvania, 16203-16206 05-6281 05-6282 05-6290 NOTICES Agency information collection activities; proposals, submissions, and approvals, 16265-16266 05-6293 Animal feeding operations; consent agreement, 16266 05-6279 Grants and cooperative agreements; availability, etc.:
Pesticides and national strategies for healthcare providers; correction, 16267 05-6182 Water quality cooperative agreement allocation, 16267-16271 05-6300 Meetings: Acute Exposure Guideline Levels for Hazardous Substances National Advisory Committee, 16271-16272 05-6183 Scientific Counselors Board, 16272-16274 05-6294 Pesticide, food, and feed additive petitions: Natural Resources Defense Council, 16281-16283 05-6296 Pesticide programs: Risk assessments— Ethofumesate, 16274-16276 05-5725 Pentachlorophenol, 16276-16278 05-6297 Tolerance reassessment decisions— Imazamethabenz-methyl, 16278-16280 05-6045 Pesticide registration, cancellation, etc.:
Tributyltin methacrylate; correction, 16280-16281 05-6044 Pesticides; experimental use permits, etc.: IPM Tech, Inc., 16283-16284 05-6043 Executive Executive Office of the President See Science and Technology Policy Office FAA Federal Aviation Administration RULES Airworthiness directives: Airbus, 16104-16109 05-6111 Boeing, 16101-16104 05-6110 General Electric Co., 16096-16098 05-6107 McDonnell Douglas, 16098-16101 05-6109 PROPOSED RULES Air carrier certification and operations:
Advanced Qualification Program, 16369-16382 05-6141 Airworthiness directives: Airbus, 16167-16170 05-6243 BAE Systems (Operations) Ltd., 16173-16175, 16185-16189 05-6249 05-6254 05-6258 Boeing, 16175-16180 05-6250 05-6251 Bombardier, 16164-16167, 16170-16173, 16182-16185 05-6241 05-6248 05-6253 Empresa Brasileira de Aeronautica S.A. (EMBRAER), 16180-16182 05-6252 Airworthiness standards: Special conditions— Bombardier Aerospace Models BD-700-1A10 and BD-700-1A11 Global Express airplanes, 16161-16164 05-6310 NOTICES Committees; establishment, renewal, termination, etc.:
National Parks Overflights Advisory Group, 16327-16329 05-6201 FCC Federal Communications Commission RULES Common carrier services: Intercarrier and reciprocal compensation, 16141-16145 05-6318 NOTICES Committees; establishment, renewal, termination, etc.: Consumer Advisory Committee, 16284-16285 05-6319 FDIC Federal Deposit Insurance Corporation NOTICES Agency information collection activities; proposals, submissions, and approvals, 16331-16332 05-6227 Federal Energy Federal Energy Regulatory Commission NOTICES Electric rate and corporate regulation filings, 16263-16264 E5-1397 FMC Federal Maritime Commission NOTICES Agreements filed, etc., 16285-16286 05-6276 Ocean transportation intermediary licenses:
All Continental Group, Inc., et al., 16286 05-6274 Best Containers Express Co. et al., 16286-16287 05-6275 Global Shipping & Freight International Inc., et al., 16287 05-6273 Federal Reserve Federal Reserve System RULES Extensions of credit by Federal Reserve Banks (Regulation A): Primary and secondary credit— Rates; increase approval, 16095-16096 05-6260 NOTICES Agency information collection activities; proposals, submissions, and approvals, 16331-16332 05-6227 Banks and bank holding companies:
Formations, acquisitions, and mergers, 16287-16288 05-6237 05-6322 Permissible nonbanking activities, 16288 05-6321 Federal Transit Federal Transit Administration NOTICES Agency information collection activities; proposals, submissions, and approvals, 16329-16330 05-6202 Fish Fish and Wildlife Service NOTICES Comprehensive conservation plans; availability, etc.: Roanoke River National Wildlife Refuge, NC, 16299-16300 05-6255 Endangered and threatened species: Incidental take permits— San Joaquin kit fox, 16300-16301 05-6242 Endangered and threatened species permit applications, 16300 05-6246 Food Food and Drug Administration NOTICES Agency information collection activities; proposals, submissions, and approvals, 16291-16292 05-6203 MISSING FOR:
Foreign Agricultural Service Foreign Agricultural Service NOTICES Trade adjustment assistance eligibility determination petitions: Potato Growers of Idaho, 16210 05-6268 Health Health and Human Services Department See Centers for Disease Control and Prevention See Food and Drug Administration See Health Resources and Services Administration See National Institutes of Health NOTICES Grants and cooperative agreements; availability, etc.: Adolescent Family Life Demonstration Projects Program, 16288-16290 05-6272 Health Health Resources and Services Administration NOTICES Organization, functions, and authority delegations:
Office of Minority Health; name change to Office of Minority Health and Health Disparities, 16292-16293 05-6205 Homeland Homeland Security Department See Coast Guard See Transportation Security Administration Industry Industry and Security Bureau RULES Export administration regulations: Chemical and biological weapons end-user/end use controls, 16110-16111 05-6271 Inter-American Inter-American Foundation NOTICES Meetings; Sunshine Act, 16298-16299 05-6339 Interior Interior Department See Fish and Wildlife Service See Land Management Bureau IRS Internal Revenue Service PROPOSED RULES Income taxes:
Tax withholding on payments to foreign persons; information reporting requirements; hearing, 16189-16195 05-6060 NOTICES Agency information collection activities; proposals, submissions, and approvals, 16332-16333 E5-1404 Meetings: Taxpayer Advocacy Panels, 16333 E5-1405 International International Trade Administration NOTICES Antidumping: Petroleum wax candles from— China, 16217-16218 E5-1400 Sebacic acid from— China, 16218-16219 E5-1401 Softwood lumber products from— Canada, 16219-16220 E5-1402 Superalloy degassed chromium from— Japan, 16220-16223 E5-1399 Tissue paper products from— China, 16223-16224 05-6329 International International Trade Commission NOTICES Import investigations:
Network communications systems for optical networks and components, 16304-16305 05-6299 Justice Justice Department See Antitrust Division NOTICES Pollution control; consent judgments: Chemical Waste Management, et al., 16305-16306 05-6304 Ohio Edison Co., et al., 16306 05-6303 Land Land Management Bureau NOTICES Meetings: Resource Advisory Councils— Boise District, 16301 05-6256 Realty actions; sales, leases, etc.: Nevada, 16301-16304 05-6270 Library Library of Congress See Copyright Office, Library of Congress NASA National Aeronautics and Space Administration NOTICES Environmental statements; notice of intent:
Nuclear reactors development for space electric power applications, 16308-16309 05-6317 Meetings: Space Science Advisory Committee, 16309 05-6209 Sun Solar System Connection Strategic Roadmap Committee, 16309 05-6208 National National Council on Disability NOTICES Meetings; Sunshine Act, 16309-16310 05-6353 NIH National Institutes of Health NOTICES Meetings: National Center for Complementary and Alternative Medicine, 16293 05-6216 National Heart, Lung, and Blood Institute, 16293 05-6219 National Institute of Allergy and Infectious Diseases, 16293 05-6210 National Institute of Arthritis and Musculoskeletal and Skin Diseases, 16294-16295 05-6218 National Institute of Child Health and Human Development, 16294-16295 05-6211 05-6212 05-6215 05-6222 Scientific Review Center, 05-6213 05-6214 16295-16297 05-6217 05-6221 NOAA National Oceanic and Atmospheric Administration RULES Fishery conservation and management:
Alaska; fisheries of Exclusive Economic Zone— Pollock, 16160 05-6302 West Coast States and Western Pacific fisheries— Pacific Coast groundfish; correction, 16145-16160 05-6323 NOTICES Agency information collection activities; proposals, submissions, and approvals, 16224-16225 05-6235 Meetings: Pacific Fishery Management Council, 16225-16226 05-6312 NRCS Natural Resources Conservation Service NOTICES Environmental statements; availability, etc.: Tantana River Floodplain Acquisition Project, AK, 16210 05-6225 Nuclear Nuclear Regulatory Commission RULES Byproduct material; medical use:
Specialty boards; recognition, 16335-16367 05-6103 Personnel Personnel Management Office NOTICES Agency information collection activities; proposals, submissions, and approvals, 16310 05-6226 RUS Rural Utilities Service NOTICES Grants and cooperative agreements; availability, etc.: Community Connect Program, 16210-16214 05-6267 Science Science and Technology Policy Office NOTICES Meetings: National Science and Technology Council; workshop, 16310-16311 05-6224 SEC Securities and Exchange Commission NOTICES Agency information collection activities; proposals, submissions, and approvals, 16311-16312 E5-1396 Securities:
Suspension of trading— Lonisson Communications Corp., 16313-16314 05-6358 STB Chip Corp., 16313 05-6355 Tempo Financial Corp., 16313 05-6357 Urban Transfer Systems, Inc., 16313 05-6356 Self-regulatory organizations; proposed rule changes: American Stock Exchange LLC, 16314-16321 E5-1391 E5-1392 International Securities Exchange, Inc., 16321-16322 E5-1390 National Association of Securities Dealers, Inc., 16322-16325 E5-1393 Philadelphia Stock Exchange, Inc., 16325-16327 E5-1394 *Applications, hearings, determinations, etc.:* Dynamex, Inc., 16312 E5-1395 Social Social Security Administration RULES Social security benefits, special veterans benefits, and supplemental security income:
Federal old age, survivors, and disability insurance, and aged, blind, and disabled— Cross-program recovery of benefit overpayments; expanded authority, 16111-16113 05-6204 Textile Textile Agreements Implementation Committee See Committee for the Implementation of Textile Agreements Thrift Thrift Supervision Office NOTICES Agency information collection activities; proposals, submissions, and approvals, 16331-16332 05-6227 Transportation Transportation Department See Federal Aviation Administration See Federal Transit Administration Transportation Transportation Security Administration NOTICES Agency information collection activities; proposals, submissions, and approvals, 16298 05-6301 Treasury Treasury Department See Comptroller of the Currency See Internal Revenue Service See Thrift Supervision Office NOTICES Agency information collection activities; proposals, submissions, and approvals, 16330 05-6266 Separate Parts In This Issue Part II Nuclear Regulatory Commission, 16335-16367 05-6103 Part III Transportation Department, Federal Aviation Administration, 16369-16382 05-6141 Reader Aids Consult the Reader Aids section at the end of this issue for phone numbers, online resources, finding aids, reminders, and notice of recently enacted public laws.
To subscribe to the Federal Register Table of Contents LISTSERV electronic mailing list, go to http://listserv.access.gpo.gov and select Online mailing list archives, FEDREGTOC-L, Join or leave the list (or change settings); then follow the instructions. 70 60 Wednesday, March 30, 2005 Rules and Regulations FEDERAL RESERVE SYSTEM 12 CFR Part 201 [Regulation A] Extensions of Credit by Federal Reserve Banks AGENCY: Board of Governors of the Federal Reserve System. ACTION: Final rule.
SUMMARY: The Board of Governors of the Federal Reserve System (Board) has adopted final amendments to its Regulation A to reflect the Board's approval of an increase in the primary credit rate at each Federal Reserve Bank. The secondary credit rate at each Reserve Bank automatically increased by formula as a result of the Board's primary credit rate action. DATES: The amendments to part 201 (Regulation A) are effective March 30, 2005. The rate changes for primary and secondary credit were effective on the dated specified in 12 CFR 201.51, as amended.
FOR FURTHER INFORMATION CONTACT: Jennifer J. Johnson, Secretary of the Board (202/452-3259); for users of Telecommunication Devices for the Deaf
(TDD)only, contact 202/263-4869. SUPPLEMENTARY INFORMATION: The Federal Reserve Banks make primary and secondary credit available to depository institutions as a backup source of funding on a short-term basis, usually overnight. The primary and secondary credit rates are the interest rates that the twelve Federal Reserve Banks charge for extensions of credit under these programs. In accordance with the Federal Reserve Act, the primary and secondary credit rates are established by the boards of directors of the Federal Reserve Banks, subject to the review and determination of the Board. The Board approved requests by the Reserve Banks to increase by 25 basis points the primary credit rate in effect at each of the twelve Federal Reserve Banks, thereby increasing from 3.50 percent to 3.75 percent the rate that each Reserve Bank charges for extensions of primary credit. As a result of the Board's action on the primary credit rate, the rate that each Reserve Bank charges for extensions of secondary credit automatically increased from 4.00 percent to 4.25 percent under the secondary credit rate formula. The final amendments to Regulation A reflect these rate changes. The 25-basis-point increase in the primary credit rate was associated with a similar increase in the target for the federal funds rate (from 2.50 percent to 2.75 percent) approved by the Federal Open Market Committee (Committee) and announced at the same time. A press release announcing these actions indicated that: The Committee believes that, even after this action, the stance of monetary policy remains accommodative and, coupled with robust underlying growth in productivity, is providing ongoing support to economic activity. Output evidently continues to grow at a solid pace despite the rise in energy prices, and labor market conditions continue to improve gradually. Though longer-term inflation expectations remain well contained, pressures on inflation have picked up in recent months and pricing power is more evident. The rise in energy prices, however, has not notably fed through to core consumer prices. The Committee perceives that, with appropriate monetary policy action, the upside and downside risks to the attainment of both sustainable growth and price stability should be kept roughly equal. With underlying inflation expected to be contained, the Committee believes that policy accommodation can be removed at a pace that is likely to be measured. Nonetheless, the Committee will respond to changes in economic prospects as needed to fulfill its obligation to maintain price stability. Regulatory Flexibility Act Certification Pursuant to the Regulatory Flexibility Act (5 U.S.C. 605(b)), the Board certifies that the new primary and secondary credit rates will not have a significantly adverse economic impact on a substantial number of small entities because the final rule does not impose any additional requirements on entities affected by the regulation. Administrative Procedure Act The Board did not follow the provisions of 5 U.S.C. 553(b) relating to notice and public participation in connection with the adoption of these amendments because the Board for good cause determined that delaying implementation of the new primary and secondary credit rates in order to allow notice and public comment would be unnecessary and contrary to the public interest in fostering price stability and sustainable economic growth. For these same reasons, the Board also has not provided 30 days prior notice of the effective date of the rule under section 553(d). 12 CFR Chapter II List of Subjects in 12 CFR Part 201 Banks, Banking, Federal Reserve System, Reporting and recordkeeping. Authority and Issuance For the reasons set forth in the preamble, the Board is amending 12 CFR Chapter II as follows: PART 201 EXTENSIONS OF CREDIT BY FEDERAL RESERVE BANKS (REGULATION A) 1. The authority citation for part 201 continues to read as follows: Authority: 12 U.S.C. 248(i)-(j), 343 *et seq.,* 347a, 347b, 347c, 348 *et seq.,* 357, 374, 374a, and 461. 2. In § 201.51, paragraphs
(a)and
(b)are revised to read as follows: § 201.51 Interest rates applicable to credit extended by a Federal Reserve Bank. 1 1 The primary, secondary, and seasonal credit rates described in this section apply to both advances and discounts made under the primary, secondary, and seasonal credit programs, respectively.
(a)*Primary credit.* The interest rates for primary credit provided to depository institutions under § 201.4(a) are: Federal Reserve Bank Rate Effective Boston 3.75 March 22, 2005. New York 3.75 March 22, 2005. Philadelphia 3.75 March 22, 2005. Cleveland 3.75 March 22, 2005. Richmond 3.75 March 22, 2005. Atlanta 3.75 March 22, 2005. Chicago 3.75 March 22, 2005. St. Louis 3.75 March 23, 2005. Minneapolis 3.75 March 22, 2005. Kansas City 3.75 March 23, 2005. Dallas 3.75 March 24, 2005. San Francisco 3.75 March 22, 2005.
(b)*Secondary credit.* The interest rates for secondary credit provided to depository institutions under 201.4(b) are: Federal Reserve Bank Rate Effective Boston 4.25 March 22, 2005. New York 4.25 March 22, 2005. Philadelphia 4.25 March 22, 2005. Cleveland 4.25 March 22, 2005. Richmond 4.25 March 22, 2005. Atlanta 4.25 March 22, 2005. Chicago 4.25 March 22, 2005. St. Louis 4.25 March 23, 2005. Minneapolis 4.25 March 22, 2005. Kansas City 4.25 March 23, 2005. Dallas 4.25 March 24, 2005. San Francisco 4.25 March 22, 2005. By order of the Board of Governors of the Federal Reserve System, March 24, 2005. Jennifer J. Johnson, Secretary of the Board. [FR Doc. 05-6260 Filed 3-29-05; 8:45 am]
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