81 FR 74739 - Indemnification Payments; Correction and Extension of Comment Period

FEDERAL HOUSING FINANCE AGENCY

Federal Register Volume 81, Issue 208 (October 27, 2016)

Page Range		74739-74739
FR Document		2016-26028

The Federal Housing Finance Agency (FHFA) is correcting the regulatory text, and extending the comment period for, the proposed rule published in the Federal Register on September 20, 2016, regarding Golden Parachute and Indemnification Payments. FHFA is taking this action to correct and to extend the comment period to allow interested persons additional time to submit comments on the proposed rule.

Federal Register, Volume 81 Issue 208 (Thursday, October 27, 2016)

[Federal Register Volume 81, Number 208 (Thursday, October 27, 2016)]
[Proposed Rules]
[Page 74739]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-26028]



[[Page 74739]]

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FEDERAL HOUSING FINANCE AGENCY

12 CFR Part 1231

RIN 2590-AA68


Indemnification Payments; Correction and Extension of Comment 
Period

AGENCY: Federal Housing Finance Agency.

ACTION: Proposed rule; correction and extension of comment period.

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

SUMMARY: The Federal Housing Finance Agency (FHFA) is correcting the 
regulatory text, and extending the comment period for, the proposed 
rule published in the Federal Register on September 20, 2016, regarding 
Golden Parachute and Indemnification Payments. FHFA is taking this 
action to correct and to extend the comment period to allow interested 
persons additional time to submit comments on the proposed rule.

DATES: The comment period for the proposed rule published September 20, 
2016, at 81 FR 64357, is extended. Comments should be received on or 
before December 21, 2016.

ADDRESSES: You may submit your comments, identified by Regulatory 
Information Number (RIN) 2590-AA68, by any of the following methods:
     Agency Web site: www.fhfa.gov/open-for-comment-or-input.
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments. If you submit your 
comment to the Federal eRulemaking Portal, please also send it by email 
to FHFA at [email protected] to ensure timely receipt by the agency. 
Please include Comments/RIN 2590-AA68 in the subject line of the 
message.
     Courier/Hand Delivery: The hand delivery address is: 
Alfred M. Pollard, General Counsel, Attention: Comments/RIN 2590-AA68, 
Federal Housing Finance Agency, 400 Seventh Street SW., Eighth Floor, 
Washington, DC 20219. Deliver the package to the Seventh Street 
entrance Guard Desk, First Floor, on business days between 9 a.m. to 5 
p.m.
     U.S. Mail, United Parcel Service, Federal Express or Other 
Mail Service: The mailing address for comments is: Alfred M. Pollard, 
General Counsel, Attention: Comments/RIN 2590-AA68, Federal Housing 
Finance Agency, 400 Seventh Street SW., Eighth Floor, Washington, DC 
20219.

FOR FURTHER INFORMATION CONTACT: Mark D. Laponsky, Deputy General 
Counsel, [email protected], (202) 649-3054 (not a toll-free 
number), Federal Housing Finance Center, Constitution Center, Eighth 
Floor, 400 Seventh Street SW., Washington, DC 20219. The telephone 
number for the Telecommunications Device for the Hearing Impaired is 
(800) 877-8339.

SUPPLEMENTARY INFORMATION: 

Comments

    FHFA invites comments on all aspects of the 2016 proposed 
rulemaking and will take all comments into consideration before issuing 
the final rule. Copies of all comments will be posted without change, 
including any personal information you provide, such as your name, 
address, email address, and telephone number, on the FHFA Web site at 
http://www.fhfa.gov. In addition, copies of all comments received will 
be available for examination by the public on business days between the 
hours of 10 a.m. and 3 p.m., at the Federal Housing Finance Agency, 
Constitution Center, Eighth Floor, 400 Seventh Street SW., Washington, 
DC 20219. To make an appointment to inspect comments, please call the 
Office of General Counsel at (202) 649-3804.

Background

    In the Federal Register on September 20, 2016 (81 FR 64357), FHFA 
published a proposed rule with a 60-day comment period to request 
comments on the proposal that would establish standards for identifying 
whether an indemnification payment by the Federal National Mortgage 
Association, the Federal Home Loan Mortgage Corporation, any of the 
Federal Home Loan Banks, or the Federal Home Loan Bank System's Office 
of Finance to an entity-affiliated party in connection with an 
administrative proceeding or civil action instituted by FHFA is 
prohibited or permissible. The proposed rule published an inadvertent 
clerical error in Sec.  1231.4. FHFA is correcting that error, to 
clarify, just as the proposed rule did (see fn 7 in the Supplementary 
Information Section, explaining FHFA's rationale), that September 20, 
2016, the date of that proposed rulemaking's publication, is the 
grandfathering date for individualized indemnification agreements, and 
is extending the comment period in order that the public may have a 
full 60 days to comment following this correction.

Correction

    In proposed rule FR Doc. 2016-22483, on page 64360, in the issue of 
September 20, 2016, in the right column, in paragraph (b)(3) of Sec.  
1231.4, should correctly read: ``Amounts due under an indemnification 
agreement entered into with a named entity-affiliated party on or prior 
to September 20, 2016.''

Extension of Comment Period

    The proposed rule requested that the public submit comments by 
November, 21, 2016. FHFA hereby extends the deadline for submitting 
comments by an additional 30 days, to December 21, 2016.

    Dated: October 21, 2016.
Melvin L. Watt,
Director, Federal Housing Finance Agency.
[FR Doc. 2016-26028 Filed 10-26-16; 8:45 am]
BILLING CODE 8070-01-P

Federal Register / Vol. 81, No. 208 / Thursday, October 27, 2016 / Proposed Rules 74739

FEDERAL HOUSING FINANCE 649–3054 (not a toll-free number), under an indemnification agreement
AGENCY Federal Housing Finance Center, entered into with a named entity-
Constitution Center, Eighth Floor, 400 affiliated party on or prior to September
12 CFR Part 1231 Seventh Street SW., Washington, DC 20, 2016.’’
RIN 2590–AA68 20219. The telephone number for the
Extension of Comment Period
Telecommunications Device for the
Indemnification Payments; Correction Hearing Impaired is (800) 877–8339. The proposed rule requested that the
and Extension of Comment Period SUPPLEMENTARY INFORMATION: public submit comments by November,
21, 2016. FHFA hereby extends the
AGENCY: Federal Housing Finance Comments deadline for submitting comments by an
Agency. FHFA invites comments on all aspects additional 30 days, to December 21,
ACTION: Proposed rule; correction and of the 2016 proposed rulemaking and 2016.
extension of comment period. will take all comments into Dated: October 21, 2016.
consideration before issuing the final Melvin L. Watt,
SUMMARY: The Federal Housing Finance rule. Copies of all comments will be
Agency (FHFA) is correcting the Director, Federal Housing Finance Agency.
posted without change, including any
regulatory text, and extending the [FR Doc. 2016–26028 Filed 10–26–16; 8:45 am]
personal information you provide, such
comment period for, the proposed rule as your name, address, email address, BILLING CODE 8070–01–P
published in the Federal Register on and telephone number, on the FHFA
September 20, 2016, regarding Golden Web site at http://www.fhfa.gov. In
Parachute and Indemnification addition, copies of all comments ENVIRONMENTAL PROTECTION
Payments. FHFA is taking this action to received will be available for AGENCY
correct and to extend the comment examination by the public on business
period to allow interested persons days between the hours of 10 a.m. and 40 CFR Part 52
additional time to submit comments on 3 p.m., at the Federal Housing Finance [EPA–R06–OAR–2014–0222; FRL–9954–02–
the proposed rule. Agency, Constitution Center, Eighth Region 6]
DATES: The comment period for the Floor, 400 Seventh Street SW.,
proposed rule published September 20, Washington, DC 20219. To make an Approval and Promulgation of State
2016, at 81 FR 64357, is extended. appointment to inspect comments, Implementation Plans; Texas; Control
Comments should be received on or please call the Office of General Counsel of Air Emissions From Visible
before December 21, 2016. at (202) 649–3804. Emissions and Particulate Matter
ADDRESSES: You may submit your Background AGENCY: Environmental Protection
comments, identified by Regulatory Agency (EPA).
In the Federal Register on September
Information Number (RIN) 2590–AA68, 20, 2016 (81 FR 64357), FHFA ACTION: Proposed rule.
by any of the following methods: published a proposed rule with a 60-day
• Agency Web site: www.fhfa.gov/ SUMMARY: The Environmental Protection
comment period to request comments Agency (EPA) is proposing to approve
open-for-comment-or-input. on the proposal that would establish
• Federal eRulemaking Portal: http:// revisions to the Texas State
standards for identifying whether an Implementation Plan (SIP) submitted by
www.regulations.gov. Follow the indemnification payment by the Federal
instructions for submitting comments. If the State of Texas that pertain to
National Mortgage Association, the particulate matter standards and
you submit your comment to the Federal Home Loan Mortgage
Federal eRulemaking Portal, please also outdoor burning regulations. The State
Corporation, any of the Federal Home submitted the SIP revisions in the years
send it by email to FHFA at Loan Banks, or the Federal Home Loan
RegComments@fhfa.gov to ensure 1989, 2004, 2006, and 2014. This
Bank System’s Office of Finance to an rulemaking action is being taken under
timely receipt by the agency. Please entity-affiliated party in connection
include Comments/RIN 2590–AA68 in section 110 of the Federal Clean Air Act
with an administrative proceeding or (CAA). The EPA has determined that the
the subject line of the message. civil action instituted by FHFA is
• Courier/Hand Delivery: The hand SIP revisions are approvable and meet
prohibited or permissible. The proposed the requirements established in section
delivery address is: Alfred M. Pollard, rule published an inadvertent clerical
General Counsel, Attention: Comments/ 110 of the CAA.
error in § 1231.4. FHFA is correcting
RIN 2590–AA68, Federal Housing DATES: Written comments must be
that error, to clarify, just as the proposed
Finance Agency, 400 Seventh Street received on or before November 28,
rule did (see fn 7 in the Supplementary
SW., Eighth Floor, Washington, DC 2016.
Information Section, explaining FHFA’s
20219. Deliver the package to the rationale), that September 20, 2016, the ADDRESSES: Submit your comments,
Seventh Street entrance Guard Desk, date of that proposed rulemaking’s identified by Docket No. EPA–R06–
First Floor, on business days between 9 publication, is the grandfathering date OAR–2014–0222, at http://
a.m. to 5 p.m. for individualized indemnification www.regulations.gov or via email to
• U.S. Mail, United Parcel Service, agreements, and is extending the pitre.randy@epa.gov. Follow the online
Federal Express or Other Mail Service: comment period in order that the public instructions for submitting comments.
The mailing address for comments is: Once submitted, comments cannot be
sradovich on DSK3GMQ082PROD with PROPOSALS

may have a full 60 days to comment
Alfred M. Pollard, General Counsel, following this correction. edited or removed from Regulations.gov.
Attention: Comments/RIN 2590–AA68, The EPA may publish any comment
Federal Housing Finance Agency, 400 Correction received to its public docket. Do not
Seventh Street SW., Eighth Floor, In proposed rule FR Doc. 2016–22483, submit electronically any information
Washington, DC 20219. on page 64360, in the issue of you consider to be Confidential
FOR FURTHER INFORMATION CONTACT: September 20, 2016, in the right Business Information (CBI) or other
Mark D. Laponsky, Deputy General column, in paragraph (b)(3) of § 1231.4, information whose disclosure is
Counsel, Mark.Laponsky@fhfa.gov, (202) should correctly read: ‘‘Amounts due restricted by statute. Multimedia

VerDate Sep<11>2014 17:35 Oct 26, 2016 Jkt 241001 PO 00000 Frm 00020 Fmt 4702 Sfmt 4702 E:\FR\FM\27OCP1.SGM 27OCP1

Document Created: 2016-10-27 01:52:23
Document Modified: 2016-10-27 01:52:23

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		Proposed Rules
Action		Proposed rule; correction and extension of comment period.
Dates		The comment period for the proposed rule published September 20, 2016, at 81 FR 64357, is extended. Comments should be received on or before December 21, 2016.
Contact		Mark D. Laponsky, Deputy General Counsel, [email protected], (202) 649-3054 (not a toll-free number), Federal Housing Finance Center, Constitution Center, Eighth Floor, 400 Seventh Street SW., Washington, DC 20219. The telephone number for the Telecommunications Device for the Hearing Impaired is (800) 877-8339.
FR Citation		81 FR 74739
RIN Number		2590-AA68