81_FR_27383 81 FR 27295 - Community Facilities Technical Assistance and Training Grant; Correction

81 FR 27295 - Community Facilities Technical Assistance and Training Grant; Correction

DEPARTMENT OF AGRICULTURE
Rural Housing Service

Federal Register Volume 81, Issue 88 (May 6, 2016)

Page Range27295-27295
FR Document2016-10636

The Agency published a document in the Federal Register of January 14, 2016 at 81 FR 1861 establishing a technical assistance and training grant program for qualified public bodies, nonprofit corporations, and federally recognized tribes and Indian Tribes on Federal and State Reservations that will serve rural areas for the purpose of enabling the grantees to provide technical assistance and training with respect to essential community facilities authorized under section 306(a)(1) of the CONACT (7 U.S.C. 1926(a)) This document has an incorrect cross-reference and an ineligible project purpose which needs to be removed due to the publication of the new 7 CFR part 1970 regulations.

Federal Register, Volume 81 Issue 88 (Friday, May 6, 2016)
[Federal Register Volume 81, Number 88 (Friday, May 6, 2016)]
[Rules and Regulations]
[Page 27295]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-10636]



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Rules and Regulations
                                                Federal Register
________________________________________________________________________

This section of the FEDERAL REGISTER contains regulatory documents 
having general applicability and legal effect, most of which are keyed 
to and codified in the Code of Federal Regulations, which is published 
under 50 titles pursuant to 44 U.S.C. 1510.

The Code of Federal Regulations is sold by the Superintendent of Documents. 
Prices of new books are listed in the first FEDERAL REGISTER issue of each 
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Federal Register / Vol. 81, No. 88 / Friday, May 6, 2016 / Rules and 
Regulations

[[Page 27295]]



DEPARTMENT OF AGRICULTURE

Rural Housing Service

7 CFR Part 3570

RIN 0575-AD02


Community Facilities Technical Assistance and Training Grant; 
Correction

AGENCY: Rural Housing Service, USDA.

ACTION: Correcting amendment.

-----------------------------------------------------------------------

SUMMARY: The Agency published a document in the Federal Register of 
January 14, 2016 at 81 FR 1861 establishing a technical assistance and 
training grant program for qualified public bodies, nonprofit 
corporations, and federally recognized tribes and Indian Tribes on 
Federal and State Reservations that will serve rural areas for the 
purpose of enabling the grantees to provide technical assistance and 
training with respect to essential community facilities authorized 
under section 306(a)(1) of the CONACT (7 U.S.C. 1926(a)) This document 
has an incorrect cross-reference and an ineligible project purpose 
which needs to be removed due to the publication of the new 7 CFR part 
1970 regulations.

DATES: Effective May 6, 2016.

FOR FURTHER INFORMATION CONTACT: Requests for additional information 
should be directed to Nathan Chitwood, (573) 876-0965.

SUPPLEMENTARY INFORMATION: 

Need for Correction

    As published, the final rule contains an incorrect cross-reference.
    In Sec.  3570.264(d) of the final rule, there is an incorrect 
cross-reference to Sec.  3570.262(c)(4). The correct cross-reference is 
Sec.  3570.263(a)(4).
    As published, the final rule contains a list of Ineligible project 
purposes on page 1868, column 3. 3570.264(k) reads ``Prepare 
environmental assessments''. Due to the publication of 7 CFR part 1970 
in the Federal Register on March 2, 2016, the Agency may now permit 
program applicants to prepare environmental documentation in certain 
situations, subject to Agency review and approval. The deletion of 
``Prepare environmental assessment'' is be made in order to be in 
compliance with 7 CFR part 1970.

List of Subjects in 7 CFR Part 3570

    Grant programs--Housing and community development, Reporting 
requirements, Rural areas, and Technical assistance.

    Accordingly, 7 CFR part 3570 is corrected by making the following 
correcting amendments:

PART 3570--COMMUNITY PROGRAMS

0
1. The authority citation for part 3570 continues to read as follows:

    Authority:  5 U.S.C. 301; 7 U.S.C. 1989.


Sec.  3570.264  [Amended]

0
2. Section 3570.264 is amended by:
0
a. Removing ``Sec.  3570.262(c)(4)'' from paragraph (d) and adding in 
its place ``Sec.  3570.263(a)(4)''.
0
b. Removing and reserving paragraph (k).

    Dated: April 28, 2016.
Tony Hernandez,
Administrator, Rural Housing Service.
[FR Doc. 2016-10636 Filed 5-5-16; 8:45 am]
 BILLING CODE 3410-XV-P



                                                                                                                                                                                                  27295

                                           Rules and Regulations                                                                                         Federal Register
                                                                                                                                                         Vol. 81, No. 88

                                                                                                                                                         Friday, May 6, 2016



                                           This section of the FEDERAL REGISTER                    ‘‘Prepare environmental assessments’’.                12 of the Securities Exchange Act of
                                           contains regulatory documents having general            Due to the publication of 7 CFR part                  1934 (’34 Act) to register with the FDIC
                                           applicability and legal effect, most of which           1970 in the Federal Register on March                 (proposed rule). The FDIC is now
                                           are keyed to and codified in the Code of                2, 2016, the Agency may now permit                    issuing that proposed rule as final and
                                           Federal Regulations, which is published under           program applicants to prepare                         without change (final rule). The final
                                           50 titles pursuant to 44 U.S.C. 1510.
                                                                                                   environmental documentation in certain                rule requires insured State savings
                                           The Code of Federal Regulations is sold by              situations, subject to Agency review and              associations and subsidiaries of such
                                           the Superintendent of Documents. Prices of              approval. The deletion of ‘‘Prepare                   State savings associations that act as
                                           new books are listed in the first FEDERAL               environmental assessment’’ is be made                 transfer agents for qualifying securities
                                           REGISTER issue of each week.                            in order to be in compliance with 7 CFR               to register with the FDIC, similar to the
                                                                                                   part 1970.                                            registration requirements applicable to
                                                                                                                                                         insured State nonmember banks and
                                           DEPARTMENT OF AGRICULTURE                               List of Subjects in 7 CFR Part 3570                   subsidiaries of such banks. Second, the
                                                                                                     Grant programs—Housing and                          final rule revises the definition of
                                           Rural Housing Service                                   community development, Reporting                      qualifying securities to reflect statutory
                                                                                                   requirements, Rural areas, and                        changes to the ’34 Act made by the
                                           7 CFR Part 3570                                         Technical assistance.                                 Jumpstart Our Business Startups Act
                                           RIN 0575–AD02                                             Accordingly, 7 CFR part 3570 is                     (JOBS Act). The final rule is consistent
                                                                                                   corrected by making the following                     with the FDIC’s continuing review of its
                                           Community Facilities Technical                          correcting amendments:                                regulations under the Economic Growth
                                           Assistance and Training Grant;                                                                                and Regulatory Paperwork Reduction
                                           Correction                                              PART 3570—COMMUNITY PROGRAMS                          Act of 1996.
                                                                                                                                                         DATES: This final rule is effective July 1,
                                           AGENCY:    Rural Housing Service, USDA.                 ■ 1. The authority citation for part 3570             2016.
                                           ACTION:   Correcting amendment.                         continues to read as follows:
                                                                                                                                                         FOR FURTHER INFORMATION CONTACT: Judy
                                                                                                       Authority: 5 U.S.C. 301; 7 U.S.C. 1989.           Gross, Senior Policy Analyst, (202) 898–
                                           SUMMARY:   The Agency published a
                                           document in the Federal Register of                     § 3570.264    [Amended]
                                                                                                                                                         7074, jugross@fdic.gov; or Rachel
                                           January 14, 2016 at 81 FR 1861                                                                                Ackmann, Counsel, (202) 898–6858,
                                                                                                   ■  2. Section 3570.264 is amended by:                 rackmann@fdic.gov.
                                           establishing a technical assistance and                 ■  a. Removing ‘‘§ 3570.262(c)(4)’’ from
                                           training grant program for qualified                                                                          SUPPLEMENTARY INFORMATION:
                                                                                                   paragraph (d) and adding in its place
                                           public bodies, nonprofit corporations,                  ‘‘§ 3570.263(a)(4)’’.                                 I. Background
                                           and federally recognized tribes and                     ■ b. Removing and reserving paragraph                    The ’34 Act provides that an entity
                                           Indian Tribes on Federal and State                      (k).                                                  must register as a transfer agent if it
                                           Reservations that will serve rural areas
                                                                                                     Dated: April 28, 2016.                              functions as a transfer agent with
                                           for the purpose of enabling the grantees
                                                                                                   Tony Hernandez,                                       respect to any security registered under
                                           to provide technical assistance and
                                                                                                   Administrator, Rural Housing Service.                 section 12 of the ’34 Act (Section 12) or
                                           training with respect to essential
                                                                                                                                                         if it would be required to be registered
                                           community facilities authorized under                   [FR Doc. 2016–10636 Filed 5–5–16; 8:45 am]
                                                                                                                                                         except for the exemption from
                                           section 306(a)(1) of the CONACT (7                      BILLING CODE 3410–XV–P
                                                                                                                                                         registration provided by Section
                                           U.S.C. 1926(a)) This document has an
                                                                                                                                                         12(g)(2)(B) or Section 12(g)(2)(G).1 A
                                           incorrect cross-reference and an
                                                                                                                                                         transfer agent registers by filing an
                                           ineligible project purpose which needs                  FEDERAL DEPOSIT INSURANCE                             application for registration with the
                                           to be removed due to the publication of                 CORPORATION                                           appropriate regulatory agency.2 Prior to
                                           the new 7 CFR part 1970 regulations.
                                                                                                   12 CFR Part 341                                       the enactment of the Dodd-Frank Wall
                                           DATES: Effective May 6, 2016.                                                                                 Street Reform and Consumer Protection
                                           FOR FURTHER INFORMATION CONTACT:                        RIN 3064–AE41                                         Act 3 (Dodd-Frank Act), the FDIC was
                                           Requests for additional information                                                                           the appropriate regulatory agency only
                                           should be directed to Nathan Chitwood,                  Registration of Securities Transfer                   for a state-chartered (State) insured bank
                                           (573) 876–0965.                                         Agents                                                that is not a member of the Federal
                                           SUPPLEMENTARY INFORMATION:                              AGENCY:  Federal Deposit Insurance                    Reserve System and a subsidiary of any
                                                                                                   Corporation (FDIC).                                   such bank, and the Office of Thrift
                                           Need for Correction                                                                                           Supervision (OTS) was the appropriate
                                                                                                   ACTION: Final rulemaking.
                                              As published, the final rule contains                                                                      regulatory agency for a State or federal
                                           an incorrect cross-reference.                           SUMMARY:   On December 22, 2015, the                  savings association.4
                                              In § 3570.264(d) of the final rule, there            FDIC published a notice of proposed
Lhorne on DSK30JT082PROD with RULES




                                           is an incorrect cross-reference to                      rulemaking in the Federal Register for                  1 15 U.S.C. 78q–1(c)(1).
                                                                                                                                                           2 15 U.S.C. 78q–1(c)(2).
                                           § 3570.262(c)(4). The correct cross-                    public comment to amend its
                                                                                                                                                           3 Public Law 111–203 (2010).
                                           reference is § 3570.263(a)(4).                          regulations requiring insured State                     4 15 U.S.C. 78c. Additionally, the FDIC has
                                              As published, the final rule contains                nonmember banks, or subsidiaries of                   authority to make such rules and regulations as may
                                           a list of Ineligible project purposes on                such banks, that act as transfer agents               be necessary to implement the provisions in the ’34
                                           page 1868, column 3. 3570.264(k) reads                  for qualifying securities under section                                                         Continued




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Document Created: 2016-05-06 00:29:46
Document Modified: 2016-05-06 00:29:46
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionRules and Regulations
ActionCorrecting amendment.
DatesEffective May 6, 2016.
ContactRequests for additional information should be directed to Nathan Chitwood, (573) 876-0965.
FR Citation81 FR 27295 
RIN Number0575-AD02
CFR AssociatedGrant Programs-Housing and Community Development; Reporting Requirements; Rural Areas and Technical Assistance

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