Unknown. Final rule, delay of effective date
2,821 words·~13 min read·
/register/2019/03/29/2019-06011A 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-2019-03-29.xml --- 84 61 Friday, March 29, 2019 Contents Agriculture Agriculture Department See Food and Nutrition Service NOTICES Agency Information Collection Activities; Proposals, Submissions, and Approvals, 11927-11928 2019-06102 Grain Fees: Official Inspection and Weighing Services under the United States Grain Standards Act, 11926-11927 2019-06079 Centers Disease Centers for Disease Control and Prevention NOTICES Meetings:
Board of Scientific Counselors, National Center for Health Statistics, 11976-11977 2019-06087 Board of Scientific Counselors, Office of Infectious Diseases, 11978 2019-06086 Healthcare Infection Control Practices Advisory Committee, 11977 2019-06088 Safety and Occupational Health Study Section, National Institute for Occupational Safety and Health, 11976 2019-06091 Requests for Nominations: Appointment to the Advisory Committee on Breast Cancer in Young Women, 11979-11980 2019-06092 Healthcare Infection Control Practices Advisory Committee, 11979 2019-06090 Mine Safety and Health Research Advisory Committee, 11977-11978 2019-06089 Centers Medicare Centers for Medicare & Medicaid Services NOTICES Medicare Program:
Approval of the Accreditation Association for Hospitals and Health Systems/Healthcare Facilities Accreditation Program (formerly known as the American Osteopathic Association/Healthcare Facilities Accreditation Program) as an Accreditation Organization under the Clinical Laboratory Improvement Amendments of 1988, 11980-11982 2019-06291 Children Children and Families Administration NOTICES Agency Information Collection Activities; Proposals, Submissions, and Approvals, 11982-11983 2019-06059 Civil Rights Civil Rights Commission NOTICES Meetings:
Maryland Advisory Committee, 11929-11930 2019-06072 Nevada State Advisory Committee, 11929 2019-06007 Coast Guard Coast Guard PROPOSED RULES Drawbridge Operations: Duwamish Waterway, Seattle, WA, 11912-11914 2019-06078 NOTICES Imposition of Conditions of Entry: Certain Vessels Arriving to the United States from the Republic of Seychelles, 11992-11993 2019-06106 Commerce Commerce Department See National Institute of Standards and Technology See National Oceanic and Atmospheric Administration Committee for Purchase Committee for Purchase From People Who Are Blind or Severely Disabled NOTICES Procurement List;
Additions and Deletions, 11934-11936 2019-06095 2019-06096 Comptroller Comptroller of the Currency RULES Regulatory Capital Rule: Implementation and Transition of the Current Expected Credit Losses Methodology for Allowances and Related Adjustments to the Regulatory Capital Rule and Conforming Amendments to Other Regulations;, 11879 2019-06011 NOTICES Agency Information Collection Activities; Proposals, Submissions, and Approvals: Disclosure and Reporting of CRA-Related Agreements, 12032-12033 2019-06019 Fiduciary Activities, 12033-12036 2019-06020 Margin and Capital Requirements for Covered Swap Entities, 12031-12032 2019-06085 Securities Exchange Act Disclosure Rules and Securities of Federal Savings Associations, 12029-12031 2019-06017 Defense Department Defense Department See Navy Department NOTICES Termination of the Secretary of the Navy Advisory Panel, 11936 2019-06049 Education Department Education Department NOTICES Agency Information Collection Activities;
Proposals, Submissions, and Approvals: Consolidated Annual Report
(CAR)for the Carl D. Perkins Career and Technical Education Act of 2006, 11940 2019-06067 Financial Report for the Endowment Challenge Grant Program and Institutional Service Endowment Activities, 11938-11939 2019-06107 Fund for the Improvement of Postsecondary Education Performance Report, 11937-11938 2019-06144 Middle Grades Longitudinal Study of 2017-18 (MGLS:2017) Main Study First Follow-up
(MS2)Tracking and Recruitment and Operational Field Test Second Follow-up
(OFT3)Update, 11939 2019-06068 Election Election Assistance Commission NOTICES Meetings: Standards Board, 11940 2019-06050 Employment and Training Employment and Training Administration NOTICES Agency Information Collection Activities; Proposals, Submissions, and Approvals: Trade Adjustment Assistance Program Reserve Funding Request, 12003-12004 2019-06055 Work Application/Job Order Recordkeeping, 12004-12005 2019-06056 Energy Department Energy Department See Federal Energy Regulatory Commission NOTICES Application to Export Electric Energy: Puget Sound Energy, Inc., 11943-11944 2019-06098 Energy Conservation Program: Decision and Order Granting a Waiver to TCL Air Conditioner (Zhongshan) Co., Ltd. from the Central Air Conditioners and Heat Pumps Test Procedure, 11941-11943 2019-06099 Petition for Waiver of Store It Cold from the Walk-In Cooler Refrigeration System Test Procedure, and Grant of Interim Waiver, 11944-11965 2019-06100 Environmental Protection Environmental Protection Agency RULES Air Quality State Implementation Plans; Approvals and Promulgations: Connecticut; Motor Vehicle Inspection and Maintenance Program Certification, 11884-11885 2019-06014 Massachusetts; Regional Haze Five-Year Progress Report State Implementation Plan, 11885-11887 2019-06015 PROPOSED RULES Air Quality State Implementation Plans; Approvals and Promulgations: Alabama: PSD Replacement Units, 11914-11917 2019-06108 Kentucky; Jefferson County Existing and New VOC Water Separators Rule Revision, 11919-11920 2019-06111 Tennessee; Updates to the National Ambient Air Quality Standards for Chattanooga, 11917-11919 2019-06115 Environmental Protection Agency Acquisition Regulation (EPAAR): Award Term Incentive, 11920-11923 2019-06131 NOTICES Agency Information Collection Activities; Proposals, Submissions, and Approvals: National Emission Standards for Hazardous Air Pollutants for the Surface Coating of Large Household and Commercial Appliances, 11971-11972 2019-06025 Standardized Permit for Resource Conservation and Recovery Act Hazardous Waste Management Facilities, 11974 2019-06027 Ambient Air Monitoring Reference and Equivalent Methods: Designation of One New Equivalent Method, 11973-11974 2019-06132 Environmental Impact Statements; Availability, etc.: Weekly Receipts, 11972 2019-06016 Meetings: Local Government Advisory Committee and the Small Communities Advisory Subcommittee, 11972-11973 2019-06130 Federal Aviation Federal Aviation Administration RULES Airworthiness Directives: Bombardier, Inc., Airplanes, 11880-11884 2019-06029 NOTICES Agency Information Collection Activities; Proposals, Submissions, and Approvals: Human Response to Aviation Noise in Protected Natural Areas Survey, 12016 2019-06065 Exemption Petitions; Summaries: Tyce Bluth, 12016-12017 2019-06117 Federal Communications Federal Communications Commission NOTICES Agency Information Collection Activities; Proposals, Submissions, and Approvals, 11974-11975 2019-06013 Federal Deposit Federal Deposit Insurance Corporation RULES Regulatory Capital Rule: Implementation and Transition of the Current Expected Credit Losses Methodology for Allowances and Related Adjustments to the Regulatory Capital Rule and Conforming Amendments to Other Regulations;, 11879 2019-06011 Federal Emergency Federal Emergency Management Agency NOTICES Changes in Flood Hazard Determinations, 11993-11996 2019-06080 Federal Energy Federal Energy Regulatory Commission NOTICES Application: CenterPoint Energy Resources, 11970-11971 2019-06083 Combined Filings, 11965-11970 2019-06118 2019-06119 2019-06121 Initial Market-Based Rate Filings Including Requests for Blanket Section 204 Authorizations: Coyote Ridge Wind, LLC, 11968-11969 2019-06125 Endeavor Wind I, LLC, 11968 2019-06123 Endeavor Wind II, LLC, 11969 2019-06124 High Lonesome Mesa Wind, LLC, 11966 2019-06122 Precept Power, LLC, 11966 2019-06120 Federal Highway Federal Highway Administration NOTICES Final Federal Agency Actions: North Carolina; Proposed Highway, 12017-12018 2019-06006 Federal Maritime Federal Maritime Commission NOTICES Agreements Filed, 11975-11976 2019-06126 Federal Motor Federal Motor Carrier Safety Administration NOTICES Hours of Service of Drivers; Exemption Applications: National Waste and Recycling Association; Application for Exemption, 12019-12021 2019-06094 PJ Helicopters, Inc., 12018-12019 2019-06097 Federal Reserve Federal Reserve System RULES Regulatory Capital Rule: Implementation and Transition of the Current Expected Credit Losses Methodology for Allowances and Related Adjustments to the Regulatory Capital Rule and Conforming Amendments to Other Regulations;, 11879 2019-06011 NOTICES Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 11976 2019-06110 Federal Transit Federal Transit Administration NOTICES Competitive Funding Opportunity: Crime Prevention and Public Safety Awareness, 12025-12028 2019-06073 Innovations in Transit Public Safety, 12021-12025 2019-06071 Food and Drug Food and Drug Administration NOTICES Agency Information Collection Activities; Proposals, Submissions, and Approvals: Recordkeeping Requirements for Microbiological Testing and Corrective Measures for Bottled Water, 11984-11985 2019-06069 Guidance: Review and Update of Device Establishment Inspection Processes and Standards, 11983-11984 2019-06061 Priority Review Voucher: Rare Pediatric Disease Product, 11985-11986 2019-06138 Food and Nutrition Food and Nutrition Service NOTICES Agency Information Collection Activities; Proposals, Submissions, and Approvals: Supplemental Nutrition Assistance Program Requirement for National Directory of New Hires Employment Verification, 11928-11929 2019-06021 Foreign Assets Foreign Assets Control Office NOTICES Agency Information Collection Activities; Proposals, Submissions, and Approvals: Electronic License Application Form, 12036 2019-06084 Blocking or Unblocking of Persons and Properties, 12036-12037 2019-06074 Health and Human Health and Human Services Department See Centers for Disease Control and Prevention See Centers for Medicare & Medicaid Services See Children and Families Administration See Food and Drug Administration See National Institutes of Health See Substance Abuse and Mental Health Services Administration NOTICES Meetings: Advisory Council on Alzheimer's Research, Care, and Services, 11986 2019-06135 Homeland Homeland Security Department See Coast Guard See Federal Emergency Management Agency See U.S. Citizenship and Immigration Services Interior Interior Department See Land Management Bureau Internal Revenue Internal Revenue Service RULES Net Investment Income Tax; CFR Correction, 11884 2019-06256 NOTICES Agency Information Collection Activities; Proposals, Submissions, and Approvals, 12037-12038 2019-06060 Meetings: Taxpayer Advocacy Panel Joint Committee, 12037 2019-06140 International Trade Com International Trade Commission NOTICES Investigations; Determinations, Modifications, and Rulings, etc.: Certain Electronic Nicotine Delivery Systems and Components Thereof, 12002 2019-06047 Certain Magnetic Tape Cartridges and Components Thereof, 11998-12000 2019-06046 Certain Robotic Vacuum Cleaning Devices and Components Thereof Such as Spare Parts, 12002-12003 2019-06044 Certain Sleep-Disordered Breathing Treatment Mask Systems and Components Thereof, 12000 2019-06045 Rubber Bands from Thailand, 12001, 12003 2019-06066 2019-06070 Meetings; Sunshine Act, 12001 2019-06174 Labor Department Labor Department See Employment and Training Administration See Wage and Hour Division Land Land Management Bureau NOTICES Plats of Survey: Colorado, 11998 2019-06133 Legal Legal Services Corporation NOTICES Meetings; Sunshine Act, 12005-12007 2019-06170 National Institute National Institute of Standards and Technology NOTICES Meetings: Advisory Committee on Earthquake Hazards Reduction, 11931 2019-06042 Proposed Voluntary Product Standard: 20-15, American Softwood Lumber, 11930-11931 2019-06041 National Institute National Institutes of Health NOTICES Agency Information Collection Activities; Proposals, Submissions, and Approvals: Generic Clearance for Application Information from Fellows, Interns, and Trainees, 11987-11988 2019-06058 Meetings: Center for Scientific Review, 11987 2019-06008 National Advisory Council for Biomedical Imaging and Bioengineering, 11988 2019-06009 National Institute on Deafness and Other Communication Disorders, 11986-11987 2019-06010 National Oceanic National Oceanic and Atmospheric Administration RULES Fisheries of the Economic Exclusive Zone Off Alaska: Deep-Water Species Fishery by Vessels Using Trawl Gear in the Gulf of Alaska, 11887 2019-06127 PROPOSED RULES Fisheries of the Northeastern United States: Spiny Dogfish Fishery; 2019 and Projected 2020-2021 Specifications, 11923-11925 2019-06030 NOTICES Meetings: Fisheries of the South Atlantic; Southeast Data, Assessment, and Review, 11932-11933 2019-06032 Mid-Atlantic Fishery Management Council, 11933 2019-06033 New England Fishery Management Council, 11931-11932 2019-06034 Permit Applications: RIN 0648-XG899 Magnuson-Stevens Act Provisions; General Provisions for Domestic Fisheries; Exempted Fishing, 11933-11934 2019-06105 National Science National Science Foundation NOTICES Agency Information Collection Activities; Proposals, Submissions, and Approvals, 12009 2019-06137 Meetings: Advisory Committee for Education and Human Resources, 12008 2019-06023 Advisory Committee for Polar Programs, 12008-12009 2019-06076 Proposal Review Panel for Computing and Communication Foundations, 12008 2019-06077 Meetings; Sunshine Act, 12009 2019-06270 Navy Navy Department NOTICES Meetings: Draft Supplemental Environmental Impact Statement/Overseas Environmental Impact Statement for Northwest Training and Testing, 11936-11937 2019-05891 Postal Regulatory Postal Regulatory Commission NOTICES New Postal Products, 12009-12010 2019-06142 Postal Service Postal Service NOTICES Product Change: Priority Mail and First-Class Package Service Negotiated Service Agreement, 12010 2019-06038 Priority Mail Express and Priority Mail Negotiated Service Agreement, 12010 2019-06035 Priority Mail Express, Priority Mail, and First-Class Package Service Negotiated Service Agreement, 12011 2019-06036 Priority Mail Negotiated Service Agreement, 12011 2019-06037 Presidential Documents Presidential Documents EXECUTIVE ORDERS Electromagnetic Pulses; Effort to Coordinate National Resilience (EO 13865), 12039-12046 2019-06325 Securities Securities and Exchange Commission NOTICES Order: Review of FASB Accounting Support Fee for 2019, 12011 2019-06040 Small Business Small Business Administration NOTICES Agency Information Collection Activities; Proposals, Submissions, and Approvals, 12011-12012 2019-06062 2019-06064 State Department State Department NOTICES Agency Information Collection Activities; Proposals, Submissions, and Approvals: Special Immigrant Visa Biodata Form, 12012-12013 2019-06054 Meetings: International Maritime Organization's Sub-Committee on Human Element, Training and Watchkeeping, 12013 2019-06075 Substance Substance Abuse and Mental Health Services Administration NOTICES Meetings: Center for Mental Health Services, 11991-11992 2019-06081 Statement of Organization, Functions, and Delegations of Authority, 11988-11991 2019-06143 Surface Transportation Surface Transportation Board NOTICES Acquisition Exemption: Akron Barberton Cluster Railway Co., Board of Portage County Commissioners, 12013-12014 2019-06082 Acquisition of Control: National Express LLC; Free Enterprise System/Royal, LLC, 12014-12016 2019-06057 Transportation Department Transportation Department See Federal Aviation Administration See Federal Highway Administration See Federal Motor Carrier Safety Administration See Federal Transit Administration NOTICES Requests for Nominations: Appointment to the Safety Oversight and Certification Advisory Committee, 12028-12029 2019-06114 Treasury Treasury Department See Comptroller of the Currency See Foreign Assets Control Office See Internal Revenue Service U.S. Citizenship U.S. Citizenship and Immigration Services NOTICES Agency Information Collection Activities; Proposals, Submissions, and Approvals: Application for Naturalization, 11997-11998 2019-05986 Petition by Entrepreneur to Remove Conditions on Permanent Resident Status, 11996-11997 2019-05988 Wage Wage and Hour Division PROPOSED RULES Regular Rate under the Fair Labor Standards Act, 11888-11912 2019-05687 Separate Parts In This Issue Part II Presidential Documents, 12039-12046 2019-06325 Reader Aids Consult the Reader Aids section at the end of this issue for phone numbers, online resources, finding aids, and notice of recently enacted public laws. To subscribe to the Federal Register Table of Contents electronic mailing list, go to https://public.govdelivery.com/accounts/USGPOOFR/subscriber/new, enter your e-mail address, then follow the instructions to join, leave, or manage your subscription. 84 61 Friday, March 29, 2019 Rules and Regulations DEPARTMENT OF THE TREASURY Office of the Comptroller of the Currency 12 CFR Parts 1, 3, 5, 23, 24, 32, and 46 [Docket ID OCC-2018-0009] RIN 1557-AE32 FEDERAL RESERVE SYSTEM 12 CFR Parts 208, 211, 215, 217, 223, 225, and 252 [Regulation Q; Docket No. R-1605] RIN 7100-AF04 FEDERAL DEPOSIT INSURANCE CORPORATION 12 CFR Parts 324, 325, 327, 347, and 390 RIN 3064-AE74 Delay of Effective Date; Regulatory Capital Rule: Implementation and Transition of the Current Expected Credit Losses Methodology for Allowances and Related Adjustments to the Regulatory Capital Rule and Conforming Amendments to Other Regulations AGENCY: Office of the Comptroller of the Currency, Treasury; the Board of Governors of the Federal Reserve System; and the Federal Deposit Insurance Corporation. ACTION: Final rule, delay of effective date. SUMMARY: On February 14, 2019, the Board of Governors of the Federal Reserve System (Board), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency
(OCC)(collectively, the agencies) published in the **Federal Register** a final rule to address changes to credit loss accounting under U.S. generally accepted accounting principles, including banking organizations' implementation of the current expected credit losses methodology
(CECL)(final rule). The final rule had an effective date of April 1, 2019, and provides that banking organizations may early adopt the final rule prior to that date. The agencies have determined that adelay of the effective date to July 1, 2019, is appropriate. DATES: The effective date of the final rule published February 14, 2019 (84 FR 4222) is delayed until July 1, 2019. Banking organizations may early adopt this final rule prior to that date. FOR FURTHER INFORMATION CONTACT: *OCC:* Kevin Korzeniewski, Counsel, Office of the Chief Counsel,
(202)649-5490; or for persons who are hearing impaired, TTY,
(202)649-5597. *Board:* Constance M. Horsley, Deputy Associate Director,
(202)452-5239; Juan C. Climent, Manager,
(202)872-7526; Andrew Willis, Senior Supervisory Financial Analyst,
(202)912-4323; or Noah Cuttler, Senior Financial Analyst,
(202)912-4678, Division of Supervision and Regulation; or Benjamin W. McDonough, Assistant General Counsel,
(202)452-2036; David W. Alexander, Counsel,
(202)452-2877; or Asad Kudiya, Counsel,
(202)475-6358, Legal Division, Board of Governors of the Federal Reserve System, 20th and C Streets NW, Washington, DC 20551. For the hearing impaired only, Telecommunication Device for the Deaf (TDD),
(202)263-4869. *FDIC:* Benedetto Bosco, Chief, *bbosco@fdic.gov;* Richard Smith, Capital Markets Policy Analyst, *rismith@fdic.gov;* David Riley, Senior Policy Analyst, *dariley@fdic.gov* ; Capital Markets Branch, Division of Risk Management Supervision, *regulatorycapital@fdic.gov,*
(202)898-6888; Michael Phillips, Counsel, *mphillips@fdic.gov;* or Catherine Wood, Acting Supervisory Counsel, *cawood@fdic.gov* ; Supervision Branch, Legal Division, Federal Deposit Insurance Corporation, 550 17th Street NW, Washington, DC 20429. SUPPLEMENTARY INFORMATION: On February 14, 2019, the agencies published in the **Federal Register** a final rule to amend the capital rule to address changes to credit loss accounting under U.S. generally accepted accounting principles, including banking organizations' implementation of the current expected credit losses methodology (CECL). 1 The final rule provides banking organizations the option to phase in over a three-year period the day-one adverse effects on regulatory capital that may result from the adoption of the new accounting standard. In addition, the final rule revises the agencies' regulatory capital rule, stress testing rules, and regulatory disclosure requirements to reflect CECL, and makes conforming amendments to other regulations that reference credit loss allowances. 1 84 FR 4222 (February 14, 2019). The final rule was published with an effective date of April 1, 2019, and provides that banking organizations may early adopt the final rule prior to that date. When the agencies submitted the final rule for publication in December 2018, this effective date satisfied all applicable statutory requirements. However, due to the partial government shutdown, the final rule was not published until February 14, 2019. Due to this delay in publication, the agencies have determined that a delay of the effective date of the final rule to July 1, 2019, is necessary to provide a sufficient review period under the Congressional Review Act 2 and to satisfy the requirements of the Small Business Regulatory Enforcement Fairness Act of 1996, Riegle Community Development and Regulatory Improvement Act, and Administrative Procedure Act. 3 Notwithstanding this delay in effective date, banking organizations subject to the final rule may comply with it as of January 1, 2019. 2 5 U.S.C. 801 *et seq.* 3 5 U.S.C. 601 *et seq.;* 12 U.S.C. 4801 *et seq.;* 5 U.S.C. 551 *et seq.* Dated: March 21, 2019. Joseph M. Otting, Comptroller of the Currency. By order of the Board of Governors of the Federal Reserve System, acting through the Secretary of the Board under delegated authority, March 15, 2019. Ann E. Misback, Secretary of the Board. Dated at Washington, DC, on March 13, 2019. By order of the Board of Directors. Federal Deposit Insurance Corporation. Valerie Best, Assistant Executive Secretary. [FR Doc. 2019-06011 Filed 3-28-19; 8:45 am]
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