81_FR_6193 81 FR 6169 - Loans in Areas Having Special Flood Hazards

81 FR 6169 - Loans in Areas Having Special Flood Hazards

FEDERAL DEPOSIT INSURANCE CORPORATION

Federal Register Volume 81, Issue 24 (February 5, 2016)

Page Range6169-6170
FR Document2016-02236

This document contains a correction to the final regulations which were published in the Federal Register of Tuesday, July 21, 2015 (80 FR 43216). The regulations related to Loans in Areas Having Special Flood Hazards.

Federal Register, Volume 81 Issue 24 (Friday, February 5, 2016) 
[Federal Register Volume 81, Number 24 (Friday, February 5, 2016)]
[Rules and Regulations]
[Pages 6169-6170]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-02236]


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FEDERAL DEPOSIT INSURANCE CORPORATION

12 CFR Part 339

RIN 3064-AE27


Loans in Areas Having Special Flood Hazards

AGENCY: Federal Deposit Insurance Corporation.

ACTION: Correcting amendment.

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SUMMARY: This document contains a correction to the final regulations 
which were published in the Federal Register of Tuesday, July 21, 2015 
(80 FR 43216). The regulations related to Loans in Areas Having Special 
Flood Hazards.

DATES: Effective February 5, 2016.

FOR FURTHER INFORMATION CONTACT: Navid Choudhury, Counsel, Consumer 
Compliance Section, Legal Division, (202) 898-6526 or 
[email protected]; or John Jackwood, Senior Policy Analyst, Division 
of Depositor and Consumer Protection, (202) 898-3991or 
[email protected].

SUPPLEMENTARY INFORMATION: 

Background

    The final regulations that are the subject of this correction 
implement certain provisions of the Biggert-Waters Flood Insurance 
Reform Act of 2012 and the Homeowner Flood Insurance Affordability Act 
of 2014.

Need for Correction

    As published, the final regulations contain an error which may 
prove to be misleading and needs to be clarified.

List of Subjects in 12 CFR Part 339

    Flood insurance, Reporting and recordkeeping requirements, Savings 
associations.


[[Page 6170]]


    Accordingly, 12 CFR part 339 is corrected by making the following 
amendments:

PART 339--LOANS IN AREAS HAVING SPECIAL FLOOD HAZARDS

0
1. The authority citation for part 339 is added to read as follows:

    Authority:  12 U.S.C. 1462a, 1463, 1464, 1819 (Tenth), 
5412(b)(2)(C) and 42 U.S.C. 4012a, 4104a, 4104b, 4106, and 4128.


0
2. Revise the definition of ``FDIC-supervised institution'' in Sec.  
339.2 to read as follows:


Sec.  339.2  Definitions.

* * * * *
    FDIC-supervised institution means any insured depository 
institution for which the Federal Deposit Insurance Corporation is the 
appropriate Federal banking agency pursuant to section 3(q) of the 
Federal Deposit Insurance Act, 12 U.S.C. 1813(q).
* * * * *

    Dated: February 2, 2016.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2016-02236 Filed 2-4-16; 8:45 am]
 BILLING CODE 6714-01-P

Federal Register / Vol. 81, No. 24 / Friday, February 5, 2016 / Rules and Regulations 6169 concurrence. To grant the waiver, the her agency designee when any of the employee’s impartiality, or create the FEMA Chief Deputy Ethics Official or following circumstances exist: appearance that the employee has used his or her agency designee must (i) The spouse of the ICE employee is his or her official position or nonpublic determine that the waiver is consistent employed in a position that the ICE information for his or her personal gain. with 5 CFR part 2635 and not otherwise employee would be prohibited from prohibited by law; that the prohibition occupying by paragraph (a) of this § 4601.108 Reporting waste, fraud, abuse, and corruption. is not necessary to avoid the appearance section; of misuse of position or loss of (ii) A relative (as defined in 5 CFR Employees shall disclose waste, fraud, impartiality; and that the waiver will 2634.105(o)) who is financially abuse, and corruption to appropriate not undermine the public’s confidence dependent on or who is a member of the authorities, such as the DHS Office of in the employee’s impartiality and household of the ICE employee is Inspector General. objectivity in administering FEMA employed in a position that the ICE Jeh Charles Johnson, programs. A waiver under this employee would be prohibited from Secretary. paragraph may impose appropriate occupying by paragraph (a) of this Walter M. Shaub, Jr., conditions, such as requiring execution section; or (iii) Any person, other than the Director, U.S. Office of Government Ethics. of a written disqualification statement. spouse or relative of the ICE employee, [FR Doc. 2016–01318 Filed 2–4–16; 8:45 am] § 4601.106 Additional rules for U.S. who is financially dependent on or who BILLING CODE 9110–9B–P Immigration and Customs Enforcement is a member of the household of the ICE (ICE) employees. employee, is employed in a position The following rules apply to that the ICE employee would be employees of ICE, except Special prohibited from occupying by paragraph FEDERAL DEPOSIT INSURANCE Government Employees, and are in (a) of this section. CORPORATION addition to §§ 4601.101 through (2) The ICE employee shall be 4601.103 and 4601.107 and 4601.108 of disqualified from participating in an 12 CFR Part 339 this part: official capacity in any particular matter (a) Prohibitions on outside involving the individuals described in RIN 3064–AE27 employment and activities. (1) No ICE paragraph (b)(1) of this section or the employee shall be employed by or employer thereof, unless the agency Loans in Areas Having Special Flood engage in activities in support of or on designee, with the advice and clearance Hazards behalf of a customs broker; international of the ICE Chief Deputy Ethics Official, AGENCY: Federal Deposit Insurance carrier; bonded warehouse; foreign trade authorizes the ICE employee to Corporation. zone as defined in 15 CFR 400.2; participate in the matter using the cartman; law firm engaged in the ACTION: Correcting amendment. standard in 5 CFR 2635.502(d), or the practice of customs, immigration or waiver provisions in 18 U.S.C. 208(b)(1), SUMMARY: This document contains a agriculture law; entity engaged in the as appropriate. correction to the final regulations which enforcement of customs, immigration or were published in the Federal Register agriculture law; importation department § 4601.107 Prohibited purchases of property. of Tuesday, July 21, 2015 (80 FR 43216). of a business; or business or other entity The regulations related to Loans in which engages in agriculture matters (a) General prohibition. Except as Areas Having Special Flood Hazards. where such agriculture matters relate to provided in paragraph (c) of this ICE’s mission. section, no DHS employee may DATES: Effective February 5, 2016. (2) No ICE employee shall, in any purchase, directly or indirectly, FOR FURTHER INFORMATION CONTACT: private capacity, engage in employment property that is: Navid Choudhury, Counsel, Consumer or a business activity related to the (1) Owned by the Federal Government Compliance Section, Legal Division, importation or exportation of and under the control of the employee’s (202) 898–6526 or nchoudhury@ merchandise or agricultural products agency, unless the sale of the property fdic.gov; or John Jackwood, Senior requiring inspection (other than a is being conducted by the General Policy Analyst, Division of Depositor personal, routine consumer transaction Services Administration; or and Consumer Protection, (202) 898– unrelated to the operation of a (2) Seized or forfeited under the 3991or jjackwood@fdic.gov. business), or the entry of persons into or direction or incident to the functions of SUPPLEMENTARY INFORMATION: the departure of persons from the the employee’s agency. United States. (b) Designated separate components. Background (3) No ICE employee shall engage in For purposes of this section, the The final regulations that are the outside employment or activities for a employee’s agency is the relevant subject of this correction implement non-profit or other organization that separate agency component as set forth certain provisions of the Biggert-Waters involve assisting persons with matters in § 4601.102 of this part. Flood Insurance Reform Act of 2012 and related to the entry of persons or (c) Waiver. Employees may make a the Homeowner Flood Insurance merchandise into or the departure of purchase prohibited by paragraph (a) of Affordability Act of 2014. persons or merchandise from the United this section where a written waiver of States, or matters related to obtaining the prohibition is issued in advance by Need for Correction temporary or permanent residency, the agency designee with the clearance As published, the final regulations citizenship, adjustment of status, or of the DAEO or his or her designee. A contain an error which may prove to be Lhorne on DSK5TPTVN1PROD with RULES other immigration-related benefits. waiver may only be granted if it is not misleading and needs to be clarified. (b) Restrictions arising from otherwise prohibited by law or employment of spouse, relatives, regulation and the purchase of the List of Subjects in 12 CFR Part 339 members of the employee’s household, property will not cause a reasonable Flood insurance, Reporting and or financial dependents. (1) An ICE person with knowledge of the particular recordkeeping requirements, Savings employee shall notify in writing his or circumstances to question the associations. VerDate Sep<11>2014 14:51 Feb 04, 2016 Jkt 238001 PO 00000 Frm 00011 Fmt 4700 Sfmt 4700 E:\FR\FM\05FER1.SGM 05FER1

6170 Federal Register / Vol. 81, No. 24 / Friday, February 5, 2016 / Rules and Regulations Accordingly, 12 CFR part 339 is for benefits, call our national toll-free determined that this final rule does not corrected by making the following number, 1–800–772–1213 or TTY 1– meet the criteria for a significant amendments: 800–325–0778, or visit our Internet site, regulatory action under Executive Order Social Security Online, at http:// 12866 as supplemented by Executive PART 339—LOANS IN AREAS HAVING www.socialsecurity.gov. Order 13563. Thus, OMB did not review SPECIAL FLOOD HAZARDS the final rule. SUPPLEMENTARY INFORMATION: This final ■ 1. The authority citation for part 339 rule adopts the NPRM that we Regulatory Flexibility Act is added to read as follows: published in the Federal Register on We certify that this final rule will not October 21, 2015.1 Authority: 12 U.S.C. 1462a, 1463, 1464, have a significant economic impact on 1819 (Tenth), 5412(b)(2)(C) and 42 U.S.C. Background a substantial number of small entities 4012a, 4104a, 4104b, 4106, and 4128. because it applies to individuals only. In the NPRM, we provided a 30-day ■ 2. Revise the definition of ‘‘FDIC- comment period, which ended on Thus, a regulatory flexibility analysis is supervised institution’’ in § 339.2 to November 20, 2015. We received no not required under the Regulatory read as follows: comments. We explained our reasons Flexibility Act, as amended. for proposing the rule which we are Paperwork Reduction Act § 339.2 Definitions. now adopting as a final rule in the * * * * * These Final Rules do not create any preamble to the NPRM (80 FR at 63718– FDIC-supervised institution means new or affect any existing collections 63719), and we incorporate that any insured depository institution for and, therefore, do not require Office of discussion here. which the Federal Deposit Insurance Management and Budget approval Corporation is the appropriate Federal Regulatory Procedures under the Paperwork Reduction Act. banking agency pursuant to section 3(q) Good Cause for Effective Date (Catalog of Federal Domestic Assistance of the Federal Deposit Insurance Act, 12 Program Nos. 96.001, Social Security— U.S.C. 1813(q). We find good cause for dispensing Disability Insurance; 96.002, Social with the 30-day delay in the effective Security—Retirement Insurance; 96.004, * * * * * date of this final rule. 5 U.S.C. 553(d)(3). Social Security—Survivors Insurance; and Dated: February 2, 2016. For the reasons discussed in the 96.006, Supplemental Security Income) Federal Deposit Insurance Corporation. preamble to the NPRM, we are making Robert E. Feldman, a minor change to our current rules by List of Subjects Executive Secretary. discontinuing the practice of having the 20 CFR Part 404 [FR Doc. 2016–02236 Filed 2–4–16; 8:45 am] AC return additional evidence that it receives when the AC determines the Administrative practice and BILLING CODE 6714–01–P additional evidence does not relate to procedure; Blind; Disability benefits; the period on or before the date of the Old-Age, Survivors, and Disability ALJ’s decision. We now use many Insurance; Reporting and recordkeeping SOCIAL SECURITY ADMINISTRATION requirements; Social Security. electronic services that make the 20 CFR Parts 404 and 416 practice of returning evidence 20 CFR Part 416 unnecessary. For example, we now scan [Docket No. SSA–2013–0061] most of the medical evidence into the Administrative practice and electronic claim(s) file or appointed procedure; Aged, Blind, Disability RIN 0960–AH64 representatives submit it through our benefits, Public Assistance programs; Returning Evidence at the Appeals Electronic Records Express system. This Reporting and recordkeeping Council Level technology immediately uploads requirements; Supplemental Security records into a claimant’s electronic Income (SSI). AGENCY: Social Security Administration. folder, making the records available for Carolyn W. Colvin, ACTION: Final rule. review in real time. As a result, it is Acting Commissioner of Social Security. SUMMARY: This final rule adopts the neither administratively efficient nor For the reasons set forth in the notice of proposed rulemaking (NPRM) cost effective for us to print out preamble, we amend 20 CFR chapter III, that we published in the Federal documents that have been submitted to part 404 and part 416, as set forth Register on October 21, 2015. This final us electronically by a claimant or below: rule revises our rules regarding appointed representative in order to returning evidence at the Appeals return them to the claimant. PART 404—FEDERAL OLD-AGE, Council (AC) level. Under this final The change we are making in this SURVIVORS AND DISABILITY rule, the AC will no longer return final rule will allow us to better utilize INSURANCE (1950– ) additional evidence it receives when the our limited administrative resources. AC determines the additional evidence For these reasons, we find that it is Subpart J—Determinations, does not relate to the period on or before unnecessary and contrary to the public Administrative Review Process, and the date of the administrative law judge interest to delay the effective date of our Reopening of Determinations and (ALJ) decision. final rule. Decisions DATES: Effective Date: This final rule is Executive Order 12866 as ■ 1. The authority citation for subpart J effective February 5, 2016. Supplemented by Executive Order of part 404 continues to read as follows: Lhorne on DSK5TPTVN1PROD with RULES FOR FURTHER INFORMATION CONTACT: 13563 Authority: Secs. 201(j), 204(f), 205(a)–(b), Maren Weight, Office of Appellate We consulted with the Office of (d)–(h), and (j), 221, 223(i), 225, and 702(a)(5) Operations, Social Security Management and Budget (OMB) and of the Social Security Act (42 U.S.C. 401(j), Administration, 5107 Leesburg Pike, 404(f), 405(a)–(b), (d)–(h), and (j), 421, 423(i), Falls Church, VA 22041, 703–605–7100. 1 http://www.gpo.gov/fdsys/pkg/FR-2015-10-21/ 425, and 902(a)(5)); sec. 5, Pub. L. 97–455, 96 For information on eligibility or filing pdf/2015-26747.pdf Stat. 2500 (42 U.S.C. 405 note); secs. 5, 6(c)– VerDate Sep<11>2014 14:51 Feb 04, 2016 Jkt 238001 PO 00000 Frm 00012 Fmt 4700 Sfmt 4700 E:\FR\FM\05FER1.SGM 05FER1


Document Created: 2016-02-05 00:17:58
Document Modified: 2016-02-05 00:17:58
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 February 5, 2016.
ContactNavid Choudhury, Counsel, Consumer Compliance Section, Legal Division, (202) 898-6526 or [email protected]; or John Jackwood, Senior Policy Analyst, Division of Depositor and Consumer Protection, (202) 898-3991or [email protected]
FR Citation81 FR 6169 
RIN Number3064-AE27
CFR AssociatedFlood Insurance; Reporting and Recordkeeping Requirements and Savings Associations
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