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Code · REGISTER · 2006-11-30 · Rural Telephone Bank, USDA · Notices

Notices. Notice of 2006 fiscal year interest rate determination

3,712 words·~17 min read·/register/2006/11/30/06-9465·

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BILLING CODE 3410-11-M DEPARTMENT OF AGRICULTURE Rural Telephone Bank Determination of the 2006 Fiscal Year Interest Rate on Rural Telephone Bank Loans AGENCY: Rural Telephone Bank, USDA. ACTION: Notice of 2006 fiscal year interest rate determination. SUMMARY: In accordance with 7 CFR 1610.10, the Rural Telephone Bank
(Bank)cost of money rate has been established as 5.49% for all advances made during fiscal year 2006 (the period beginning October 1, 2005 and ending September 30, 2006). All advances made during fiscal year 2006 were under Bank loans approved on or after October 1, 1992. These loans are sometimes referred to as financing account loans. The calculation of the Bank's cost of money rate for fiscal year 2006 is provided in Table 1. Since the calculated rate is greater than or equal to the minimum rate (5.00%) allowed under 7 U.S.C. 948(b)(3)(A), the cost of money rate is set at 5.49%. The methodology required to calculate the cost of money rates is established in 7 CFR 1610.10(c). FOR FURTHER INFORMATION CONTACT: Jonathan P. Claffey, Deputy Assistant Governor, Rural Telephone Bank, STOP 1590—Room 5151, 1400 Independence Avenue, SW., Washington, DC 20250-1590. Telephone:
(202)720-9556. SUPPLEMENTARY INFORMATION: The cost of money rate methodology develops a weighted average rate for the Bank's cost of money considering total fiscal year loan advances, debentures and other obligations, and the costs to the Bank of obtaining funds from these sources. Dissolution of the Bank At its quarterly meeting on August 4, 2005, the Board of Directors (the “Board”) approved a resolution to dissolve the Bank. On November 10, 2005, the liquidation and dissolution process was initiated with the signing by President Bush of the 2006 Agriculture Appropriations bill, which contained a provision lifting the restriction on the retirement of more than 5 percent of the Class A stock held by the Government. In accordance with the Board's resolution and the terms of the Loan Transfer Agreement between the Bank and the Government, dated August 4, 2005, the Bank's liquidating account loan portfolio (the portfolio of Bank loans approved before October 1, 1992) was transferred to the Government on October 1, 2005. As a result of that transfer, there are no more advances of liquidating account loan funds. The dissolution of the Bank will not affect future advances of financing account loan funds. Requests for financing account advances will continue to be processed by employees of USDA Rural Development's Telecommunications Program, just as they were while the Bank remained in operation. The terms and conditions of the financing account loans will not change, nor will the method for determining the interest rates, including the determination of the cost of money rates after the end of each fiscal year. The only significant change to the financing account advances is that beginning October 1, 2005, Class B stock in the Bank is no longer being purchased with financing account loan advances. Sources and Costs of Funds Due to the ongoing dissolution of the Bank, no stock of any kind was issued during fiscal year 2006. Issuance of debentures or any other obligations related to advances from the financing account during the fiscal year were $66,496,919 at an interest rate of 5.494%. The Bank's cost of money rate for advances from the financing account is provided in Table 1. Curtis M. Anderson, Deputy Governor, Rural Telephone Bank. BILLING CODE 3410-15-P EN30NO06.021 [FR Doc. E6-20255 Filed 11-29-06; 8:45 am] BILLING CODE 3410-15-C DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Order No. 1491] Grant of Authority for Subzone Status, Sony Electronics, Inc. (Audio, Video, Communications and Information Technology Products and Accessories); Los Angeles, Carson and Lynwood, CA Pursuant to its authority under the Foreign-Trade Zones Act, of June 18, 1934, as amended (19 U.S.C. 81a-81u), the Foreign-Trade Zones Board (the Board) adopts the following Order: *Whereas,* the Foreign-Trade Zones Act provides for “* * * the establishment * * * of foreign-trade zones in ports of entry of the United States, to expedite and encourage foreign commerce, and for other purposes,” and authorizes the Foreign-Trade Zones Board to grant to qualified corporations the privilege of establishing foreign-trade zones in or adjacent to U.S. Customs and Border Protection ports of entry; *Whereas,* the Board's regulations (15 CFR Part 400) provide for the establishment of special-purpose subzones when existing zone facilities cannot serve the specific use involved, and when the activity results in a significant public benefit and is in the public interest; *Whereas,* the Board of Harbor Commissioners of the City of Los Angeles, grantee of Foreign-Trade Zone 202, has made application to the Board for authority to establish a special-purpose subzone at the warehouse and distribution facilities of Sony Electronics, Inc., located in Los Angeles, Carson and Lynwood, California (FTZ Docket 16-2006, filed 4/28/06); *Whereas,* notice inviting public comment was given in the **Federal Register** (71 FR 26923-26924, 5/9/06); and *Whereas,* the Board adopts the findings and recommendations of the examiner's report, and finds that the requirements of the FTZ Act and the Board's regulations are satisfied, and that approval of the application is in the public interest; *Now, therefore,* the Board hereby grants authority for subzone status for activity related to audio, video, communications and information-technology products and accessories warehousing and distribution at the facilities of Sony Electronics, Inc., located in Los Angeles, Carson and Lynwood, California (Subzone 202E), as described in the application and **Federal Register** notice, and subject to the FTZ Act and the Board's regulations, including § 400.28. Signed at Washington, DC, this 21st day of November, 2006. David M. Spooner, Assistant Secretary of Commerce for Import Administration, Alternate Chairman, Foreign-Trade Zones Board. Attest: Andrew McGilvray, Acting Executive Secretary. [FR Doc. E6-20288 Filed 11-29-06; 8:45 am] BILLING CODE 3510-DS-P DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Order No. 1490] Approval for Expanded Manufacturing Authority (Manufacture/Refurbish Toner Cartridges), Foreign-Trade Subzone 77B, Brother Industries (U.S.A.) Inc., Bartlett, TN Pursuant to its authority under the Foreign-Trade Zones Act of June 18, 1934, as amended (19 U.S.C. 81a-81u), the Foreign-Trade Zones Board (the Board) adopts the following Order: *Whereas,* the City of Memphis and Shelby County (Tennessee), grantee of Foreign-Trade Zone 77, has applied to expand the scope of manufacturing authority under zone procedures within Subzone 77B, at the Brother Industries (U.S.A.) Inc. (Brother) plant located in Bartlett, Tennessee, to include manufacturing/refurbishing toner cartridges (FTZ Docket 58-2005, filed 11/17/2005); *Whereas* , notice inviting public comment has been given in the **Federal Register** (70 FR 72292-72293, 12/2/2005); and *Whereas,* the Board adopts the findings and recommendations of the examiner's report, and finds that the requirements of the FTZ Act and the Board's regulations would be satisfied, and that approval of the application would be in the public interest; *Now, therefore,* the Board hereby approves the request for expanded manufacturing authority related to manufacturing/refurbishing toner cartridges, as described in the application and **Federal Register** notice, subject to the FTZ Act and the Board's regulations, including Section 400.28, and further subject to a restriction that privileged foreign status (19 CFR Part 146.41) shall be elected on foreign merchandise that falls under HTSUS headings or subheadings 2821, 2823, 3901.20, all of Chapter 32, or where the foreign merchandise in question is described as a “pigment, pigment preparation, masterbatch, plastic concentrate, flush color, paint dispersion, coloring preparation, or colorant.” Signed at Washington, DC, November 21, 2006. David M. Spooner, Assistant Secretary of Commerce for Import Administration Alternate, Chairman Foreign-Trade Zones Board. Attest: Andrew McGilvray, Acting Executive Secretary. [FR Doc. E6-20287 Filed 11-29-06; 8:45 am] BILLING CODE 3510-DS-P DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [T-3-2006] Foreign-Trade Zone 86—Tacoma, WA; Temporary/Interim Manufacturing Authority; Norvanco International Inc./Panasonic Consumer Electronics Co. (Kitting of Home Theater Systems); Notice of Approval On September 26, 2006, the Acting Executive Secretary of the Foreign-Trade Zones Board filed an application submitted by the Port of Tacoma (Washington), grantee of Foreign-Trade Zone
(FTZ)86, requesting temporary/interim manufacturing (T/IM) authority for Norvanco International Inc. (Norvanco) to process
(kit)certain imported components into home theater systems on behalf of the company's client, Panasonic Consumer Electronics Co., within Site 6 of FTZ 86, at Norvanco's facility located in Sumner, Washington. The application was processed in accordance with T/IM procedures, as authorized by FTZ Board Order 1347, including notice in the **Federal Register** inviting public comment (71 FR 58372, 10/3/06). The FTZ staff examiner reviewed the application and determined that it meets the criteria for approval under T/IM procedures. Pursuant to the authority delegated to the FTZ Board Executive Secretary in Board Order 1347, the application was approved on a modified basis, effective November 6, 2006, until November 6, 2008, subject to the FTZ Act and the Board's regulations, including Section 400.28. The pre-approval modification to the application involved limiting the requested T/IM inputs to merchandise classifiable within HTSUS categories 8518.21 and 8518.22. Dated: November 21, 2006. Pierre V. Duy, Acting Executive Secretary. [FR Doc. E6-20290 Filed 11-29-06; 8:45 am] BILLING CODE 3510-DS-P DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Docket 45-2006] Foreign-Trade Zone 86—Tacoma, WA, Request for Manufacturing, Authority (Home Theater System Kits) An application has been submitted to the Foreign-Trade Zones Board (the Board) by the Port of Tacoma (Washington), grantee of Foreign-Trade Zone
(FTZ)86, requesting authority on behalf of Panasonic Consumer Electronics Co.
(PCEC)and its warehouse/FTZ operator, Norvanco International Inc. (Norvanco), for the manufacture (kitting) of home theater systems under FTZ procedures. (Norvanco/PCEC has already been approved for this activity through November 2008 under FTZ temporary/interim manufacturing procedures.) The application was submitted pursuant to the provisions of the Foreign-Trade Zones Act, as amended (19 U.S.C. 81a-81u), and the regulations of the Board (15 CFR part 400). It was formally filed on November 8, 2006. Norvanco operates a facility (100 employees) in Sumner, Washington, within Site 6 of FTZ 86, that will be used for the kitting of home theater systems (HTSUS 8527.31). The finished products would enter the United States duty free. Imported components/inputs that may be admitted under FTZ procedures are subwoofers (HTSUS 8518.21) and speaker boxes (HTSUS 8518.22). Since submission of the application to the FTZ Board, the applicant has clarified that it is not seeking authority for a third listed input—packing materials—to be admitted to the FTZ other than as ancillary to the other listed components. Duty rates on the two proposed imported components are currently 4.9 percent *ad valorem* . This application requests authority for Norvanco to conduct the kitting activity under FTZ procedures on behalf of PCEC, which would allow the company to choose the duty rate that applies to the finished product for the foreign components noted above. Norvanco/PCEC also anticipates realizing logistical savings. The application indicates that the proposed kitting activity is currently performed abroad and that FTZ-related savings would enable the shifting of that activity to Norvanco's Washington facility, thereby helping to improve the facility's international competitiveness. In accordance with the Board's regulations, a member of the FTZ Staff has been designated examiner to investigate the application and report to the Board. Public comment is invited from interested parties. Submissions (original and 3 copies) shall be addressed to the Board's Executive Secretary at the address listed below. The closing period for their receipt is January 29, 2007. Rebuttal comments in response to material submitted during the forgoing period may be submitted during the subsequent 15-day period (to February 13, 2007). A copy of the application and accompanying exhibits will be available for public inspection at each of the following locations: The Seattle U.S. Export Assistance Center, 2601 Fourth Avenue, Suite 320, Seattle, WA 98121; and Office of the Executive Secretary, Foreign-Trade Zones Board, Room 2814B, U.S. Department of Commerce, 1401 Constitution Avenue, NW., Washington, DC 20230. Dated: November 21, 2006. Pierre V. Duy, Acting Executive Secretary. [FR Doc. E6-20292 Filed 11-29-06; 8:45 am] BILLING CODE 3510-DS-P DEPARTMENT OF COMMERCE International Trade Administration A-570-846 Brake Rotors From the People's Republic of China: Initiation of New Shipper Review AGENCY: Import Administration, International Trade Administration, Department of Commerce EFFECTIVE DATE: November 30, 2006. SUMMARY: The Department of Commerce (the “Department”) received a timely request to conduct a new shipper review of the antidumping duty order on brake rotors from the People's Republic of China (“PRC”). In accordance with 19 CFR 351.214(d)(1), we are initiating a review for Longkou Qizheng Auto Parts Co., Ltd. (“Qizheng”). FOR FURTHER INFORMATION CONTACT: Frances Veith or Blanche Ziv, AD/CVD Operations, Office 8, Import Administration, International Trade Administration, U.S. Department of Commerce, 14th Street and Constitution Avenue, NW, Washington, DC 20230; telephone:
(202)482-4295 and
(202)482-4207, respectively. SUPPLEMENTARY INFORMATION: The Department received a timely request from Qizheng on October 31, 2006, pursuant to section 751(a)(2)(B) of the Tariff Act of 1930, as amended (“the Act”), and in accordance with 19 CFR 351.214(c), for a new shipper review of the antidumping duty order on brake rotors from the PRC. *See Notice of Antidumping Duty Order: Brake Rotors from the People's Republic of China* , 62 FR 18740 (April 17, 1997). Pursuant to 19 CFR 351.214(b)(2)(i), 19 CFR 351.214(b)(2)(iii)(A), and 19 CFR 351.214(b)(2)(iii)(B), in its request for a new shipper review, Qizheng certified that as a producing exporter it did not export brake rotors to the United States during the period of investigation (“POI”); that since the initiation of the investigation it has never been affiliated with any company that exported subject merchandise to the United States during the POI; and that its export activities were not controlled by the central government of the PRC. In accordance with 19 CFR 351.214(b)(2)(iv), Qizheng submitted documentation establishing the following:
(1)the date on which it first shipped brake rotors for export to the United States;
(2)the volume of its first shipment; and
(3)the date of its first sale to an unaffiliated customer in the United States. Initiation of New Shipper Review In accordance with section 751(a)(2)(B) of the Act and 19 CFR 351.214(d)(1), and based on information on the record, we find that Qizheng's request meets the initiation threshold requirements and we are initiating a new shipper review for shipments of brake rotors produced and exported by Qizheng. See Memorandum to the File through Wendy J. Frankel, Director, New Shipper Initiation Checklist, dated, November 22, 2006. The Department will conduct this new shipper review according to the deadlines set forth in section 751(a)(2)(B)(iv) of the Act. Pursuant to 19 CFR 351.214(g)(1)(i)(B), the period of review (“POR”) for a new shipper review, normally initiated in the month immediately following the semiannual anniversary month, will be the six-month period immediately preceding the semiannual anniversary month. Therefore, the POR for the new shipper review of Qizheng will be April 1, 2006, through September 30, 2006. Pursuant to the Department's regulations, in cases involving non-market economies, the Department requires that a company seeking to establish eligibility for an antidumping duty rate separate from the country- wide rate provide evidence of *de jure* and *de facto* absence of government control over the company's export activities. Accordingly, we will issue a questionnaire to Qizheng, including a separate rate section. The review will proceed if the responses provide sufficient indication that Qizheng is not subject to either *de jure* or *de facto* government control with respect to its exports of brake rotors. However, if Qizheng does not demonstrate its eligibility for a separate rate, the company will be deemed not separate from other companies that exported during the POI, and the new shipper review for Qizheng will be rescinded. On August 17, 2006, the Pension Protection Act of 2006 (H.R. 4) was signed into law by Congress. Section 1632 of H.R. 4 temporarily suspends the authority of the Department to instruct U.S. Customs and Border Protection to collect a bond or other security in lieu of a cash deposit in new shipper reviews. Therefore, the posting of a bond or other security under section 751(a)(2)(B)(iii) of the Act in lieu of a cash deposit is not available in this case. Importers of brake rotors exported and produced by Qizheng must continue to post a cash deposit of estimated antidumping duties on each entry of subject merchandise (i.e., brake rotors) at the PRC-wide entity rate of 43.32 percent. Interested parties that need access to proprietary information in this new shipper review should submit applications for disclosure under administrative protective order in accordance with 19 CFR 351.305 and 351.306. This initiation and notice are issued in accordance with section 751(a)(2)(B) of the Act and 19 CFR 351.214 and 351.221(c)(1)(i). Dated: November 22, 2006. Susan H. Kuhbach Acting Deputy Assistant Secretary for Import Administration. [FR Doc. E6-20256 Filed 11-29-06; 8:45 am] BILLING CODE 3510-DS-S DEPARTMENT OF COMMERCE International Trade Administration [A-570-848] Helical Spring Lock Washers From the People's Republic of China: Notice of Court Decision Not In Harmony With Final Results of Administrative Review AGENCY: Import Administration, International Trade Administration, Department of Commerce. SUMMARY: On August 25, 2006, the United States Court of International Trade (“Court”) sustained the final remand determination made by the Department of Commerce (“the Department”) pursuant to the Court's remand of the final results of the administrative review of Helical Spring Lock Washers (“HSLWs”) from the People's Republic of China. *See Shakeproof Assembly Components Division of IL Tool Works, Inc.* v. *United States,* Consol. Ct. 05-00404, Slip Op. 06-129 (Ct. Int'l Trade Aug. 25, 2006) (“Shakeproof Assembly”). This case arises out of the Department's October 1, 2002, through September 30, 2003, administrative review final results. *See Certain Helical Spring Lock Washers from the People's Republic of China: Final Results of Antidumping Duty Administrative Review,* 70 FR 28274 (May 17, 2005) (“Final Results”). The final judgment in this case was not in harmony with the Department's *Final Results.* EFFECTIVE DATE: September 4, 2006. FOR FURTHER INFORMATION CONTACT: Marin Weaver or Charles Riggle, AD/CVD Operations, Office 8, Import Administration, International Trade Administration, U.S. Department of Commerce, 14th Street and Constitution Avenue, NW., Washington, DC 20230; telephone:
(202)482-2336 or
(202)482-0650, respectively. SUPPLEMENTARY INFORMATION: In *Shakeproof Assembly Components* v. *United States,* Slip Op. 05-163 (CIT, Dec. 22, 2005), the Court remanded the underlying results to the Department for reconsideration of the methodology employed to value plating services in the calculation of the antidumping duty rate for Hangzhou Spring Washer Co., Ltd. (“Hangzhou”). On May 15, 2006, the Department issued the draft results of redetermination pursuant to remand to Hangzhou and Shakeproof Assembly Components Division of Illinois Tool Works Inc. (“Shakeproof”) for comment. On May 18, 2006, we received comments on our draft redetermination from both parties. On June 2, 2006, the Department issued its final results of redetermination pursuant to remand to the Court. The remand redetermination explained that the Department found the Sudha Electroplaters price quote to be the most reliable information on the record with which to value zinc plating. Moreover, based on the information on the record, the Department found that this quote should be applied to the weight of the un-plated lock washers. Thus, the Department recalculated the antidumping duty margin for Hangzhou. On August 25, 2006, the Court sustained the final redetermination made by the Department pursuant to the Court's remand of the final results of the administrative review of HSLWs from the People's Republic of China. *See Shakeproof Assembly.* In its decision in *Timken Co.* v. *United States,* 893 F. 2d 337, 341 (Fed. Cir. 1990) (“Timken”), the United States Court of Appeals for the Federal Circuit held that, pursuant to section 516A(e) of the Tariff Act of 1930, as amended (“the Act”), the Department must publish a notice of a court decision that is not “in harmony” with a Department determination, and must suspend liquidation of entries pending a “conclusive” court decision. The Court's decision in *Shakeproof Assembly* on August 25, 2006, constitutes a final decision of that court that is not in harmony with the Department's *Final Results* . This notice is published in fulfillment of the publication requirements of *Timken* . Accordingly, the Department will continue the suspension of liquidation of the subject merchandise pending a final and conclusive court decision. The Court's ruling has been appealed, and if it is upheld by the Court of Appeals for the Federal Circuit, the Department will instruct U.S. Customs and Border Protection to revise cash deposit rates and liquidate relevant entries covering the subject merchandise effective September 4, 2006. This notice is issued and published in accordance with section 516A(c)(1) of the Act. Dated: November 17, 2006. Stephen J. Claeys, Acting Assistant Secretary for Import Administration. [FR Doc. E6-20285 Filed 11-29-06; 8:45 am] BILLING CODE 3510-DS-P DEPARTMENT OF DEFENSE Office of the Secretary of Defense Meeting of the DoD Advisory Group on Electron Devices AGENCY: Department of Defense, Advisory Group on Electron Devices. ACTION: Notice. SUMMARY: The DoD Advisory Group on Electron Devices
(AGED)announces a closed session meeting. DATES: The meeting will be held at 0900, Tuesday, December 5, 2006. ADDRESSES: The meeting will be held at ITS Noesis Business Unit, 4100 N. Fairfax Drive, Suite 800, Arlington, VA 22203. FOR FURTHER INFORMATION CONTACT: Ms. Vicki Schneider, ITS Noesis Business Unit, 4100 N. Fairfax Drive, Suite 800, Arlington, VA 22203, 703-741-0300. SUPPLEMENTARY INFORMATION: The mission of the Advisory Group is to provide advice to the Under Secretary of Defense for Acquisition, Technology and Logistics to the Director of Defense Research and Engineering (DDR&E), and through the DDR&E to the Director, Defense Advanced Research Projects Agency and the Military Departments in planning and managing an effective and economical research and development program in the area of electron devices. The AGED meeting will be limited to review of research and development efforts in electronics and photonics with a focus on benefits to national defense. These reviews may form the basis for research and development programs initiated by the Military Departments and Defense Agencies to be conducted by industry, universities or in government laboratories. The agenda for this meeting will include programs on molecular electronics, microelectronics, electro-optics, and electronic materials. Due to unforeseen circumstances, this announcement does not give the standard 15-day notification. In accordance with Section 10(d) of Pub. L. 92-463, as amended, (5 U.S.C. App. 2), it has been determined that this Advisory Group meeting concerns matters listed in 5 U.S.C. 552b(c)(1), and that accordingly, this meeting will be closed to the public. Dated: November 21, 2006. L.M. Bynum, Alternate, OSD Federal Register Liaison Officer, Department of Defense. [FR Doc. 06-9465 Filed 11-29-06; 8:45 am]
Connectionstraces to 4
7 references not yet in our index
  • 7 CFR 1610.10
  • 7 USC 948(b)(3)(A)
  • 7 CFR 1610.10(c)
  • 19 USC 81a-81u
  • 15 CFR 400
  • 893 F.2d 337
  • Pub. L. 92-463
Citation graph
cites case law
Notices
Notice of 2006 fiscal year interest rate determination
Cite7 CFR 1610.10
Cite7 USC 948(b)(3)(A)
Cite7 CFR 1610.10(c)
Cite19 USC 81a-81u
Cites 11 · showing 9Cited by 0 across 0 sources
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