81 FR 44764 - Equal Credit Opportunity Act (Regulation B)
BUREAU OF CONSUMER FINANCIAL PROTECTION Federal Register Volume 81, Issue 132 (July 11, 2016)
Federal Register Volume 81, Issue 132 (July 11, 2016)
| Page Range | 44764-44764 | |
| FR Document | 2016-16301 |
[Federal Register Volume 81, Number 132 (Monday, July 11, 2016)] [Rules and Regulations] [Page 44764] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2016-16301] ======================================================================= ----------------------------------------------------------------------- BUREAU OF CONSUMER FINANCIAL PROTECTION 12 CFR Part 1002 Equal Credit Opportunity Act (Regulation B) CFR Correction In Title 12 of the Code of Federal Regulations, Parts 900 to 1025, revised as of January 1, 2016, on page 86, in supplement 1 to part 1002, under ``Section 1002.14--Rules on Providing Appraisals and Valuations'', remove subsection 14(c). [FR Doc. 2016-16301 Filed 7-8-16; 8:45 am] BILLING CODE 1505-01-D
![44764 Federal Register / Vol. 81, No. 132 / Monday, July 11, 2016 / Rules and Regulations
hereby amended, have signed an shall fix the rate of assessment to be paragraph (a)(1) of this section. Such
amended marketing agreement; and paid by all handlers on the basis of a funds may be used:
2. The issuance of this amendatory specified rate per ton. At any time (i) To defray essential administrative
order, amending the aforesaid order, is during or after a crop year, the Secretary expenses (i.e., staff wages/salaries and
favored or approved by at least two- may increase the rate of assessment to related benefits, office rent, utilities,
thirds of the producers who participated obtain sufficient funds to cover any later postage, insurance, legal expenses, audit
in a referendum on the question of finding by the Secretary relative to the costs, consulting, Web site operation
approval and who, during the period of expenses of the committee. Each and maintenance, office supplies,
August 31, 2014, through July 31, 2015, handler shall pay such additional repairs and maintenance, equipment
have been engaged within the assessment to the committee upon leases, domestic staff travel and
production area in the production of demand. In order to provide funds to committee mileage reimbursement,
such raisins, such producers having also carry out the functions of the international committee travel,
produced for market at least two-thirds committee, the committee may accept international staff travel, bank charges,
of the volume of such commodity advance payments from any handler to computer software and programming,
represented in the referendum. be credited toward such assessments as costs of compliance activities, and other
3. The issuance of this amendatory may be levied pursuant to this section similar essential administrative
order together with a signed marketing against such handler during the crop expenses) exclusive of promotional
agreement advances the interests of year. In the event cash flow needs of the expenses during any crop year, prior to
growers of raisins in the production area committee are above cash available the time assessment income is sufficient
pursuant to the declared policy of the generated by handler assessments, the to cover such expenses;
Act. committee may borrow from a (ii) To cover deficits incurred during
Order Relative to Handling commercial lending institution. The any period when assessment income is
payment of assessments for the less than expenses;
It is therefore ordered, That on and maintenance and functioning of the (iii) To defray expenses incurred
after the effective date hereof, all committee, and for such purposes as the during any period when any or all
handling of raisins produced from Secretary may pursuant to this subpart provisions of this part are suspended;
grapes grown in California shall be in determine to be appropriate, may be (iv) To meet any other such expenses
conformity to, and in compliance with, required under this part throughout the recommended by the committee and
the terms and conditions of the said period it is in effect, irrespective of approved by the Secretary; and
order as hereby amended as follows: whether particular provisions thereof (v) To cover the necessary expenses of
The provisions of the proposed are suspended or become inoperative. liquidation in the event of termination
marketing order amending the order of this part. Upon such termination, any
contained in the proposed rule issued * * * * *
funds not required to defray the
by the Associate Administrator on ■ 3. Revise paragraph (a) of § 989.81 to necessary expenses of liquidation shall
October 13, 2015, and published in the read as follows: be disposed of in such manner as the
Federal Register on October 16, 2015 Secretary may determine to be
(80 FR 62506), shall be and are the § 989.81 Accounting.
appropriate; Provided, That to the
terms and provisions of this order (a) If, at the end of the crop year, the extent practicable, such funds shall be
amending the order and are set forth in assessments collected are in excess of returned pro rata to the persons from
full herein. expenses incurred, such excess shall be whom such funds were collected.
List of Subjects in 7 CFR Part 989 accounted for in accordance with one of
* * * * *
the following:
Raisins, Marketing agreements, Dated: July 5, 2016.
Reporting and recordkeeping (1) If such excess is not retained in a
reserve, as provided in paragraph (a)(2) Elanor Starmer,
requirements. Administrator, Agricultural Marketing
of this section, it shall be refunded
For the reasons set forth in the proportionately to the persons from Service.
preamble, 7 CFR part 989 is amended as whom collected in accordance with [FR Doc. 2016–16335 Filed 7–8–16; 8:45 am]
follows: § 989.80; Provided, That any sum paid BILLING CODE P
PART 989—RAISINS PRODUCED by a person in excess of his or her pro
FROM GRAPES GROWN IN rata share of expenses during any crop
CALIFORNIA year may be applied by the committee BUREAU OF CONSUMER FINANCIAL
at the end of such crop year as credit for PROTECTION
■ 1. The authority citation for 7 CFR such person, toward the committee’s
part 989 continues to read as follows: administrative operations for the 12 CFR Part 1002
Authority: 7 U.S.C. 601–674. following crop year; Provided further,
That the committee may credit the Equal Credit Opportunity Act
■ 2. Revise paragraph (c) of § 989.80 to (Regulation B)
excess to any outstanding obligations
read as follows:
due the committee from such person.
CFR Correction
§ 989.80 Assessments. (2) The committee may carry over
* * * * * such excess funds into subsequent crop In Title 12 of the Code of Federal
(c) During any crop year or any years as a reserve; Provided, That funds Regulations, Parts 900 to 1025, revised
portion of a crop year for which volume already in the reserve do not exceed one as of January 1, 2016, on page 86, in
ehiers on DSK5VPTVN1PROD with RULES
percentages are not effective for a crop year’s budgeted expenses as supplement 1 to part 1002, under
varietal type, all standard raisins of that averaged over the past six years. In the ‘‘Section 1002.14—Rules on Providing
varietal type acquired by handlers event that funds exceed one crop year’s Appraisals and Valuations’’, remove
during such period shall be free tonnage expenses, funds in excess of one crop subsection 14(c).
for purposes of levying assessments year’s budgeted expenses shall be [FR Doc. 2016–16301 Filed 7–8–16; 8:45 am]
pursuant to this section. The Secretary distributed in accordance with BILLING CODE 1505–01–D
VerDate Sep<11>2014 13:54 Jul 08, 2016 Jkt 238001 PO 00000 Frm 00006 Fmt 4700 Sfmt 9990 E:\FR\FM\11JYR1.SGM 11JYR1](https://thefederalregister.org/doc/81_FR_44896/page/1.svg)
Document Created: 2016-07-09 00:21:32
Document Modified: 2016-07-09 00:21:32
| Category | Regulatory Information | |
| Collection | Federal Register | |
| sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
| Publisher | Office of the Federal Register, National Archives and Records Administration | |
| Section | Rules and Regulations | |
| FR Citation | 81 FR 44764 |
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