81_FR_91913 81 FR 91670 - Uniform Compliance Date for Food Labeling Regulations

81 FR 91670 - Uniform Compliance Date for Food Labeling Regulations

DEPARTMENT OF AGRICULTURE
Food Safety and Inspection Service

Federal Register Volume 81, Issue 243 (December 19, 2016)

Page Range91670-91672
FR Document2016-30463

The Food Safety and Inspection Service (FSIS) is establishing January 1, 2020, as the uniform compliance date for new meat and poultry product labeling regulations that are issued between January 1, 2017, and December 31, 2018. FSIS periodically announces uniform compliance dates for new meat and poultry product labeling regulations to minimize the economic impact of label changes.

Federal Register, Volume 81 Issue 243 (Monday, December 19, 2016)
[Federal Register Volume 81, Number 243 (Monday, December 19, 2016)]
[Rules and Regulations]
[Pages 91670-91672]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-30463]


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DEPARTMENT OF AGRICULTURE

Food Safety and Inspection Service

9 CFR Parts 317 and 381

[Docket No. FSIS-2016-0048]
RIN 0583-AD05


Uniform Compliance Date for Food Labeling Regulations

AGENCY: Food Safety and Inspection Service, USDA.

ACTION: Final rule.

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

SUMMARY: The Food Safety and Inspection Service (FSIS) is establishing 
January 1, 2020, as the uniform compliance date for new meat and 
poultry product labeling regulations that are issued between January 1, 
2017, and December 31, 2018. FSIS periodically announces uniform 
compliance dates for new meat and poultry product labeling regulations 
to minimize the economic impact of label changes.

DATES: This rule is effective December 19, 2016. Comments on this final 
rule must be received on or before January 18, 2017.

ADDRESSES: FSIS invites interested persons to submit relevant comments 
on this final rule. Comments may be submitted by the following methods:
     Federal eRulemaking Portal: This Web site provides the 
ability to type short comments directly into the comment field on this 
Web page or attach a file for lengthier comments. Go to http://www.regulations.gov/. Follow the online instructions at that site for 
submitting comments.
     Mail, including CD-ROMs: Send to Docket Clerk, U.S. 
Department of Agriculture (USDA), FSIS, OPPD, Patriots Plaza 3, 1400 
Independence Avenue SW., Mailstop 3782, Room 8-163A, Washington, DC 
20250-3700.
     Hand- or courier-delivered items: Send to Docket Clerk, 
U.S. Department of Agriculture (USDA), FSIS, OPPD, Patriots Plaza 3, 
355 E Street SW., Room 8-163A, Washington, DC 20250-3700.
    Instructions: All items submitted by mail or electronic mail must 
include the Agency name and docket number FSIS-2016-0048. Comments 
received in response to this docket will be made available for public 
inspection and posted without change, including any personal 
information, to http://www.regulations.gov/.
    Docket: For access to background documents or comments received, go 
to the FSIS Docket Room at Patriots Plaza 3, 355 E Street SW., Room 8-
164, Washington, DC 20250-3700 between 8:00 a.m. and 4:30 p.m., Monday 
through Friday.

FOR FURTHER INFORMATION CONTACT: Rosalyn Murphy-Jenkins, Director, 
Labeling and Program Delivery Division, Office of Policy and Program 
Development, Food Safety and Inspection Service, U.S. Department of 
Agriculture, Telephone: 301-504-0879.

SUPPLEMENTARY INFORMATION: 

Background

    FSIS periodically issues regulations that require changes in the 
labeling of meat and poultry food products. Many meat and poultry 
establishments also produce non-meat and non-poultry food

[[Page 91671]]

products that are subject to the jurisdiction of the Food and Drug 
Administration (FDA). FDA also periodically issues regulations that 
require changes in the labeling of products under its jurisdiction.
    On December 14, 2004, FSIS issued a final rule that established 
January 1, 2008, as the uniform compliance date for new meat and 
poultry labeling regulations issued between January 1, 2005, and 
December 31, 2006. The 2004 final rule also provided that the Agency 
would set uniform compliance dates for new labeling regulations in 2-
year increments and periodically issue final rules announcing those 
dates. Consistent with that final rule, the Agency has published five 
final rules establishing the uniform compliance dates of January 1, 
2010, January 1, 2012, January 1, 2014, January 1, 2016, and January 1, 
2018 (72 FR 9651, 73 FR 75564, 75 FR 71344, 77 FR 76824, and 79 FR 
71007).

The Final Rule

    This final rule establishes January 1, 2020, as the uniform 
compliance date for new meat and poultry product labeling regulations 
that are issued between January 1, 2017 and December 31, 2018, and is 
consistent with the previous final rules that established uniform 
compliance dates. In addition, FSIS's approach for establishing uniform 
compliance dates for new food labeling regulations is consistent with 
FDA's approach. FDA is also planning to publish a final rule 
establishing a new compliance date.
    Two-year increments enhance the industry's ability to make orderly 
adjustments to new labeling requirements without unduly exposing 
consumers to outdated labels. With this approach, the meat and poultry 
industry is able to plan for use of label inventories and to develop 
new labeling materials that meet the requirements of all labeling 
regulations made within the two year period, thereby minimizing the 
economic impact of labeling changes.
    This compliance approach also serves consumer's interests because 
the cost of multiple short-term label revisions that would otherwise 
occur would likely be passed on to consumers in the form of higher 
prices.
    FSIS encourages meat and poultry companies to comply with new 
labeling regulations as soon as it is feasible. If companies initiate 
voluntary label changes, they should consider incorporating any new 
requirements that have been published as final regulations.
    The new uniform compliance date will apply only to final FSIS 
regulations that require changes in the labeling of meat and poultry 
products and that are published after January 1, 2017, and before 
December 31, 2018. For each final rule that requires changes in 
labeling, FSIS will specifically identify January 1, 2020, as the 
compliance date. All meat and poultry food products that are subject to 
labeling regulations promulgated between January 1, 2017, and December 
31, 2018, will be required to comply with these regulations on products 
introduced into commerce on or after January 1, 2020. If any food 
labeling regulation involves special circumstances that justify a 
compliance date other than January 1, 2020, the Agency will determine 
an appropriate compliance date and will publish that compliance date in 
the rulemaking.
    In rulemaking that began with the May 4, 2004, proposed rule, FSIS 
provided notice and solicited comment on the concept of establishing 
uniform compliance dates for labeling requirements (69 FR 24539). In 
the March 5, 2007, final rule, FSIS noted that the Agency received only 
four comments in response to the proposal, all fully supportive of the 
policy to set uniform compliance dates. Therefore, in the March 5, 
2007, final rule, FSIS determined that further rulemaking for the 
establishment of uniform compliance dates for labeling requirements is 
unnecessary (72 FR 9651). The Agency did not receive comments on the 
2007 final rule, and the comments FSIS received on the 2012 final rule 
on the uniform compliance date were outside the scope of the rule (77 
FR 76824). Consistent with its statement in 2007, FSIS finds at this 
time that further rulemaking on this matter is unnecessary. However, 
FSIS is providing an opportunity for comment on the uniform compliance 
date established in this final rule.

Executive Order 12988

    This final rule has been reviewed under the Executive Order 12988, 
Civil Justice Reform. Under this final rule: (1) All state and local 
laws and regulations that are inconsistent with this rule will be 
preempted; (2) no retroactive effect will given to this rule; and (3) 
no retroactive proceedings will be required before parties may file 
suit in court challenging this rule.

Executive Orders 12866 and 13563 and the Regulatory Flexibility Act

    Executive Orders 12866 and 13563 direct agencies to assess all 
costs and benefits of available regulatory alternatives and, if 
regulation is necessary, to select regulatory approaches that maximize 
net benefits (including potential economic, environmental, public 
health and safety effects, distributive impacts, and equity). Executive 
Order (E.O.) 13563 emphasizes the importance of quantifying both costs 
and benefits, of reducing costs, of harmonizing rules, and of promoting 
flexibility. This final rule has been reviewed under E.O. 12866. The 
Office of Management and Budget (OMB) has determined that it is a not 
significant regulatory action under section 3(f) of E.O. 12866 and, 
therefore, it has not been reviewed by OMB.
    This rule does not have a significant economic impact on a 
substantial number of small entities; consequently, a regulatory 
flexibility analysis is not required (5 U.S.C. 601-612).

Paperwork Requirements

    There are no paperwork or recordkeeping requirements associated 
with this policy under the Paperwork Reduction Act of 1995 (44 U.S.C. 
3501-3520).

E-Government Act Compliance

    FSIS and USDA are committed to achieving the purposes of the E-
Government Act (44 U.S.C. 3601, et seq.) by, among other things, 
promoting the use of the Internet and other information technologies 
and providing increased opportunities for citizen access to Government 
information and services, and for other purposes.

USDA Nondiscrimination Statement

    No agency, officer, or employee of the USDA shall, on the grounds 
of race, color, national origin, religion, sex, gender identity, sexual 
orientation, disability, age, marital status, family/parental status, 
income derived from a public assistance program, or political beliefs, 
exclude from participation in, deny the benefits of, or subject to 
discrimination any person in the United States under any program or 
activity conducted by the USDA.

How To File a Complaint of Discrimination

    To file a complaint of discrimination, complete the USDA Program 
Discrimination Complaint Form, which may be accessed online at http://www.ocio.usda.gov/sites/default/files/docs/2012/Complain_combined_6_8_12.pdf, or write a letter signed by you or your 
authorized representative.
    Send your completed complaint form or letter to USDA by mail, fax, 
or email:
    Mail: U.S. Department of Agriculture, Director, Office of 
Adjudication, 1400 Independence Avenue SW., Washington, DC 20250-9410.
    Fax: (202) 690-7442

[[Page 91672]]

    Email: [email protected].
    Persons with disabilities who require alternative means for 
communication (Braille, large print, audiotape, etc.), should contact 
USDA's TARGET Center at (202) 720-2600 (voice and TDD).

Additional Public Notification

    FSIS will announce this rule online through the FSIS Web page 
located at http://www.fsis.usda.gov/regulations_&_policies/Interim_&_Final_Rules/index.asp.
    FSIS will also make copies of this Federal Register publication 
available through the FSIS Constituent Update, which is used to provide 
information regarding FSIS policies, procedures, regulations, Federal 
Register notices, FSIS public meetings, and other types of information 
that could affect or would be of interest to constituents and 
stakeholders. The Update is communicated via Listserv, a free 
electronic mail subscription service for industry, trade groups, 
consumer interest groups, health professionals, and other individuals 
who have asked to be included. The Update is also available on the FSIS 
Web page. In addition, FSIS offers an electronic mail subscription 
service which provides automatic and customized access to selected food 
safety news and information. This service is available at http://www.fsis.usda.gov/News_&_Events/Email_Subscription/. Options range from 
recalls to export information to regulations, directives and notices. 
Customers can add or delete subscriptions themselves, and have the 
option to password protect their accounts.

    Dated: December 14, 2016.
Alfred V. Almanza,
Acting Administrator.
[FR Doc. 2016-30463 Filed 12-16-16; 8:45 am]
 BILLING CODE 3410-DM-P



                                              91670                 Federal Register / Vol. 81, No. 243 / Monday, December 19, 2016 / Rules and Regulations

                                              information displays a valid control                                      Passengers may log into the Web site                                      10,918 Forms I–102, Application for
                                              number assigned by OMB.                                                   using 7 pieces of basic identifying                                       Replacement/Initial Nonimmigrant
                                                The burden hours associated with the                                    information that is either known to the                                   Arrival-Departure Document, filed, and
                                              collections of information contained in                                   traveler (their first name, last name and                                 an estimated reduction of 4,541.89
                                              this Final Rule were previously                                           date of birth) or readily available on                                    burden hours under OMB control
                                              reviewed and approved by OMB. The                                         their passport (passport number,                                          number 1615–0079.
                                              automation of the paper Form I–94 for                                     country of issuance, date of entry, and                                     Exhibit 16 summarizes the difference
                                              commercial aircraft and vessel                                            class of admission). The estimated                                        in the burden for the previous process
                                              passengers in accordance with this Final                                  annual burden associated with this Web                                    and the process under this rule. As
                                              Rule results in a reduction of 1,278,456                                  site, is 254,680 hours under OMB                                          OMB Control Number 1651–0111
                                              annual burden hours under OMB                                             control number 1651–0111.                                                 includes ESTA and Form I–94W, we
                                              control number 1651–0111.                                                    The automation of the paper Form                                       include those burden hours for
                                                Also in accordance with this Final                                      I–94 for commercial aircraft and vessel                                   informational purposes. We note that
                                              Rule, the electronic Form I–94 is                                         passengers in accordance with this Final                                  these burden hours are unaffected by
                                              available to aliens on a secure Web site.                                 Rule results in an estimated reduction of                                 this rule.

                                                                                                              EXHIBIT 16—PRA BURDEN EFFECTS OF THE RULE
                                                                                                                                                                      Collection                              Respondents      Burden Hours

                                              Pre-IFR ........................................................................................   I–94 ....................................................        14,000,000       1,862,000
                                                                                                                                                 Website ..............................................                    0               0
                                                                                                                                                 I–102 ..................................................             17,700           7,363
                                                                                                                                                 ESTA ..................................................          19,140,000       4,785,000
                                                                                                                                                 I–94W .................................................             100,000         333,147
                                              Final Rule ....................................................................................    I–94 ....................................................         4,387,550         583,544
                                                                                                                                                 Website ..............................................            3,858,782         254,680
                                                                                                                                                 I–102 ..................................................              6,782           2,821
                                                                                                                                                 ESTA ..................................................          19,140,000       4,785,000
                                                                                                                                                 I–94W .................................................             100,000          13,333
                                              Difference ....................................................................................    I–94 ....................................................        ¥9,612,450      ¥1,278,456
                                                                                                                                                 Website ..............................................            3,858,782         254,680
                                                                                                                                                 I–102 ..................................................           ¥10,918          ¥4,542
                                                                                                                                                 ESTA ..................................................                   0               0
                                                                                                                                                 I–94W .................................................                   0               0



                                              Amendments to the Regulations                                             compliance date for new meat and                                          Patriots Plaza 3, 355 E Street SW., Room
                                                 For the reasons set forth above, the                                   poultry product labeling regulations that                                 8–163A, Washington, DC 20250–3700.
                                              interim final rule amending 8 CFR parts                                   are issued between January 1, 2017, and                                      Instructions: All items submitted by
                                              1, 210, 212, 214, 215, 231, 235, 245,                                     December 31, 2018. FSIS periodically                                      mail or electronic mail must include the
                                              245a, 247, 253, 264, 274a, and 286,                                       announces uniform compliance dates                                        Agency name and docket number FSIS–
                                              published at 78 FR 18457 on March 27,                                     for new meat and poultry product                                          2016–0048. Comments received in
                                              2013, is adopted as a final rule without                                  labeling regulations to minimize the                                      response to this docket will be made
                                              change.                                                                   economic impact of label changes.                                         available for public inspection and
                                                                                                                        DATES: This rule is effective December                                    posted without change, including any
                                              Jeh Charles Johnson,                                                      19, 2016. Comments on this final rule                                     personal information, to http://
                                              Secretary.                                                                must be received on or before January                                     www.regulations.gov/.
                                              [FR Doc. 2016–30459 Filed 12–16–16; 8:45 am]                              18, 2017.                                                                    Docket: For access to background
                                              BILLING CODE 9111–14–P                                                    ADDRESSES: FSIS invites interested                                        documents or comments received, go to
                                                                                                                        persons to submit relevant comments on                                    the FSIS Docket Room at Patriots Plaza
                                                                                                                        this final rule. Comments may be                                          3, 355 E Street SW., Room 8–164,
                                              DEPARTMENT OF AGRICULTURE                                                 submitted by the following methods:                                       Washington, DC 20250–3700 between
                                                                                                                           • Federal eRulemaking Portal: This                                     8:00 a.m. and 4:30 p.m., Monday
                                              Food Safety and Inspection Service                                        Web site provides the ability to type                                     through Friday.
                                                                                                                        short comments directly into the                                          FOR FURTHER INFORMATION CONTACT:
                                              9 CFR Parts 317 and 381                                                   comment field on this Web page or                                         Rosalyn Murphy-Jenkins, Director,
                                              [Docket No. FSIS–2016–0048]                                               attach a file for lengthier comments. Go                                  Labeling and Program Delivery Division,
                                                                                                                        to http://www.regulations.gov/. Follow                                    Office of Policy and Program
                                              RIN 0583–AD05                                                             the online instructions at that site for                                  Development, Food Safety and
                                                                                                                        submitting comments.                                                      Inspection Service, U.S. Department of
                                              Uniform Compliance Date for Food
                                                                                                                           • Mail, including CD–ROMs: Send to                                     Agriculture, Telephone: 301–504–0879.
                                              Labeling Regulations
                                                                                                                        Docket Clerk, U.S. Department of                                          SUPPLEMENTARY INFORMATION:
srobinson on DSK5SPTVN1PROD with RULES




                                              AGENCY:  Food Safety and Inspection                                       Agriculture (USDA), FSIS, OPPD,
                                                                                                                        Patriots Plaza 3, 1400 Independence                                       Background
                                              Service, USDA.
                                              ACTION: Final rule.                                                       Avenue SW., Mailstop 3782, Room 8–                                          FSIS periodically issues regulations
                                                                                                                        163A, Washington, DC 20250–3700.                                          that require changes in the labeling of
                                              SUMMARY:  The Food Safety and                                                • Hand- or courier-delivered items:                                    meat and poultry food products. Many
                                              Inspection Service (FSIS) is establishing                                 Send to Docket Clerk, U.S. Department                                     meat and poultry establishments also
                                              January 1, 2020, as the uniform                                           of Agriculture (USDA), FSIS, OPPD,                                        produce non-meat and non-poultry food


                                         VerDate Sep<11>2014         20:05 Dec 16, 2016         Jkt 241001      PO 00000        Frm 00028        Fmt 4700     Sfmt 4700      E:\FR\FM\19DER1.SGM             19DER1


                                                               Federal Register / Vol. 81, No. 243 / Monday, December 19, 2016 / Rules and Regulations                                        91671

                                              products that are subject to the                        that require changes in the labeling of               (including potential economic,
                                              jurisdiction of the Food and Drug                       meat and poultry products and that are                environmental, public health and safety
                                              Administration (FDA). FDA also                          published after January 1, 2017, and                  effects, distributive impacts, and
                                              periodically issues regulations that                    before December 31, 2018. For each                    equity). Executive Order (E.O.) 13563
                                              require changes in the labeling of                      final rule that requires changes in                   emphasizes the importance of
                                              products under its jurisdiction.                        labeling, FSIS will specifically identify             quantifying both costs and benefits, of
                                                 On December 14, 2004, FSIS issued a                  January 1, 2020, as the compliance date.              reducing costs, of harmonizing rules,
                                              final rule that established January 1,                  All meat and poultry food products that               and of promoting flexibility. This final
                                              2008, as the uniform compliance date                    are subject to labeling regulations                   rule has been reviewed under E.O.
                                              for new meat and poultry labeling                       promulgated between January 1, 2017,                  12866. The Office of Management and
                                              regulations issued between January 1,                   and December 31, 2018, will be required               Budget (OMB) has determined that it is
                                              2005, and December 31, 2006. The 2004                   to comply with these regulations on                   a not significant regulatory action under
                                              final rule also provided that the Agency                products introduced into commerce on                  section 3(f) of E.O. 12866 and, therefore,
                                              would set uniform compliance dates for                  or after January 1, 2020. If any food                 it has not been reviewed by OMB.
                                              new labeling regulations in 2-year                      labeling regulation involves special                     This rule does not have a significant
                                              increments and periodically issue final                 circumstances that justify a compliance               economic impact on a substantial
                                              rules announcing those dates.                           date other than January 1, 2020, the                  number of small entities; consequently,
                                              Consistent with that final rule, the                    Agency will determine an appropriate                  a regulatory flexibility analysis is not
                                              Agency has published five final rules                   compliance date and will publish that                 required (5 U.S.C. 601–612).
                                              establishing the uniform compliance                     compliance date in the rulemaking.
                                              dates of January 1, 2010, January 1,                       In rulemaking that began with the                  Paperwork Requirements
                                              2012, January 1, 2014, January 1, 2016,                 May 4, 2004, proposed rule, FSIS                        There are no paperwork or
                                              and January 1, 2018 (72 FR 9651, 73 FR                  provided notice and solicited comment                 recordkeeping requirements associated
                                              75564, 75 FR 71344, 77 FR 76824, and                    on the concept of establishing uniform                with this policy under the Paperwork
                                              79 FR 71007).                                           compliance dates for labeling                         Reduction Act of 1995 (44 U.S.C. 3501–
                                                                                                      requirements (69 FR 24539). In the                    3520).
                                              The Final Rule
                                                                                                      March 5, 2007, final rule, FSIS noted
                                                 This final rule establishes January 1,               that the Agency received only four                    E-Government Act Compliance
                                              2020, as the uniform compliance date                    comments in response to the proposal,                   FSIS and USDA are committed to
                                              for new meat and poultry product                        all fully supportive of the policy to set             achieving the purposes of the E-
                                              labeling regulations that are issued                    uniform compliance dates. Therefore, in               Government Act (44 U.S.C. 3601, et
                                              between January 1, 2017 and December                    the March 5, 2007, final rule, FSIS                   seq.) by, among other things, promoting
                                              31, 2018, and is consistent with the                    determined that further rulemaking for                the use of the Internet and other
                                              previous final rules that established                   the establishment of uniform                          information technologies and providing
                                              uniform compliance dates. In addition,                  compliance dates for labeling                         increased opportunities for citizen
                                              FSIS’s approach for establishing                        requirements is unnecessary (72 FR                    access to Government information and
                                              uniform compliance dates for new food                   9651). The Agency did not receive                     services, and for other purposes.
                                              labeling regulations is consistent with                 comments on the 2007 final rule, and
                                              FDA’s approach. FDA is also planning                                                                          USDA Nondiscrimination Statement
                                                                                                      the comments FSIS received on the
                                              to publish a final rule establishing a                  2012 final rule on the uniform                          No agency, officer, or employee of the
                                              new compliance date.                                    compliance date were outside the scope                USDA shall, on the grounds of race,
                                                 Two-year increments enhance the                      of the rule (77 FR 76824). Consistent                 color, national origin, religion, sex,
                                              industry’s ability to make orderly                      with its statement in 2007, FSIS finds at             gender identity, sexual orientation,
                                              adjustments to new labeling                             this time that further rulemaking on this             disability, age, marital status, family/
                                              requirements without unduly exposing                    matter is unnecessary. However, FSIS is               parental status, income derived from a
                                              consumers to outdated labels. With this                 providing an opportunity for comment                  public assistance program, or political
                                              approach, the meat and poultry industry                 on the uniform compliance date                        beliefs, exclude from participation in,
                                              is able to plan for use of label                        established in this final rule.                       deny the benefits of, or subject to
                                              inventories and to develop new labeling                                                                       discrimination any person in the United
                                              materials that meet the requirements of                 Executive Order 12988                                 States under any program or activity
                                              all labeling regulations made within the                  This final rule has been reviewed                   conducted by the USDA.
                                              two year period, thereby minimizing the                 under the Executive Order 12988, Civil
                                              economic impact of labeling changes.                    Justice Reform. Under this final rule: (1)            How To File a Complaint of
                                                 This compliance approach also serves                 All state and local laws and regulations              Discrimination
                                              consumer’s interests because the cost of                that are inconsistent with this rule will               To file a complaint of discrimination,
                                              multiple short-term label revisions that                be preempted; (2) no retroactive effect               complete the USDA Program
                                              would otherwise occur would likely be                   will given to this rule; and (3) no                   Discrimination Complaint Form, which
                                              passed on to consumers in the form of                   retroactive proceedings will be required              may be accessed online at http://
                                              higher prices.                                          before parties may file suit in court                 www.ocio.usda.gov/sites/default/files/
                                                 FSIS encourages meat and poultry                     challenging this rule.                                docs/2012/Complain_combined_6_8_
                                              companies to comply with new labeling                                                                         12.pdf, or write a letter signed by you
                                              regulations as soon as it is feasible. If               Executive Orders 12866 and 13563 and
                                                                                                                                                            or your authorized representative.
srobinson on DSK5SPTVN1PROD with RULES




                                              companies initiate voluntary label                      the Regulatory Flexibility Act                          Send your completed complaint form
                                              changes, they should consider                              Executive Orders 12866 and 13563                   or letter to USDA by mail, fax, or email:
                                              incorporating any new requirements                      direct agencies to assess all costs and                 Mail: U.S. Department of Agriculture,
                                              that have been published as final                       benefits of available regulatory                      Director, Office of Adjudication, 1400
                                              regulations.                                            alternatives and, if regulation is                    Independence Avenue SW.,
                                                 The new uniform compliance date                      necessary, to select regulatory                       Washington, DC 20250–9410.
                                              will apply only to final FSIS regulations               approaches that maximize net benefits                   Fax: (202) 690–7442


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                                              91672            Federal Register / Vol. 81, No. 243 / Monday, December 19, 2016 / Rules and Regulations

                                                 Email: program.intake@usda.gov.                      low reserve tranche for 2017. The                     purpose of implementing monetary
                                                 Persons with disabilities who require                Regulation D amendments set the                       policy. Section 11(a)(2) of the Federal
                                              alternative means for communication                     amount of total reservable liabilities of             Reserve Act (12 U.S.C. 248(a)(2))
                                              (Braille, large print, audiotape, etc.),                each depository institution that is                   authorizes the Board to require reports
                                              should contact USDA’s TARGET Center                     subject to a zero percent reserve                     of liabilities and assets from depository
                                              at (202) 720–2600 (voice and TDD).                      requirement in 2017 at $15.5 million                  institutions to enable the Board to
                                              Additional Public Notification                          (up from $15.2 million in 2016). This                 conduct monetary policy. The Board’s
                                                                                                      amount is known as the reserve                        actions with respect to each of these
                                                FSIS will announce this rule online                   requirement exemption amount. The                     provisions are discussed in turn below.
                                              through the FSIS Web page located at                    Regulation D amendments also set the
                                              http://www.fsis.usda.gov/regulations_&_                                                                       Reserve Requirements
                                                                                                      amount of net transaction accounts at
                                              policies/Interim_&_Final_Rules/                         each depository institution (over the                    Pursuant to section 19(b) of the
                                              index.asp.                                              reserve requirement exemption amount)                 Federal Reserve Act (Act), transaction
                                                FSIS will also make copies of this                    that is subject to a three percent reserve            account balances maintained at each
                                              Federal Register publication available                  requirement in 2017 at $115.1 million                 depository institution are subject to
                                              through the FSIS Constituent Update,                    (up from $110.2 million in 2016). This                reserve requirement ratios of zero, three,
                                              which is used to provide information                    amount is known as the low reserve                    or ten percent. Section 19(b)(11)(A) of
                                              regarding FSIS policies, procedures,                    tranche. The adjustments to both of                   the Act (12 U.S.C. 461(b)(11)(A))
                                              regulations, Federal Register notices,                  these amounts are derived using                       provides that a zero percent reserve
                                              FSIS public meetings, and other types of                statutory formulas specified in the                   requirement shall apply at each
                                              information that could affect or would                  Federal Reserve Act.                                  depository institution to total reservable
                                              be of interest to constituents and                         The Board is also announcing changes               liabilities that do not exceed a certain
                                              stakeholders. The Update is                             in two other amounts, the nonexempt                   amount, known as the reserve
                                              communicated via Listserv, a free                       deposit cutoff level and the reduced                  requirement exemption amount. Section
                                              electronic mail subscription service for                reporting limit, that are used to                     19(b)(11)(B) provides that, before
                                              industry, trade groups, consumer                        determine the frequency at which                      December 31 of each year, the Board
                                              interest groups, health professionals,                  depository institutions must submit                   shall issue a regulation adjusting the
                                              and other individuals who have asked                    deposit reports.                                      reserve requirement exemption amount
                                              to be included. The Update is also                      DATES: Effective date: January 18, 2017.              for the next calendar year if total
                                              available on the FSIS Web page. In                         Compliance dates: The new low                      reservable liabilities held at all
                                              addition, FSIS offers an electronic mail                reserve tranche and reserve requirement               depository institutions increase from
                                              subscription service which provides                     exemption amount will apply to the                    one year to the next. No adjustment is
                                              automatic and customized access to                      fourteen-day reserve maintenance                      made to the reserve requirement
                                              selected food safety news and                           period that begins January 19, 2017. For              exemption amount if total reservable
                                              information. This service is available at               depository institutions that report                   liabilities held at all depository
                                              http://www.fsis.usda.gov/News_&_                        deposit data weekly, this maintenance                 institutions should decrease during the
                                              Events/Email_Subscription/. Options                     period corresponds to the fourteen-day                applicable time period. The Act requires
                                              range from recalls to export information                computation period that begins                        the percentage increase in the reserve
                                              to regulations, directives and notices.                 December 20, 2016. For depository                     requirement exemption amount to be 80
                                              Customers can add or delete                             institutions that report deposit data                 percent of the increase in total
                                              subscriptions themselves, and have the                  quarterly, this maintenance period                    reservable liabilities of all depository
                                              option to password protect their                        corresponds to the seven-day                          institutions over the one-year period
                                              accounts.                                               computation period that begins                        that ends on the June 30 prior to the
                                                Dated: December 14, 2016.                             December 20, 2016. The new values of                  adjustment.
                                              Alfred V. Almanza,                                      the nonexempt deposit cutoff level, the                  Total reservable liabilities of all
                                              Acting Administrator.                                   reserve requirement exemption amount,                 depository institutions increased by 2.3
                                              [FR Doc. 2016–30463 Filed 12–16–16; 8:45 am]            and the reduced reporting limit will be               percent, from $7,477 billion to $7,648
                                              BILLING CODE 3410–DM–P
                                                                                                      used to determine the frequency at                    billion between June 30, 2015, and June
                                                                                                      which a depository institution submits                30, 2016. Accordingly, the Board is
                                                                                                      deposit reports effective in either June              amending Regulation D to set the
                                                                                                      or September 2017.                                    reserve requirement exemption amount
                                              FEDERAL RESERVE SYSTEM
                                                                                                      FOR FURTHER INFORMATION CONTACT:                      for 2017 at $15.5 million, an increase of
                                              12 CFR Part 204                                         Clinton N. Chen, Attorney (202/452–                   $0.3 million from its level in 2016.1
                                                                                                      3952), Legal Division, or Ezra A. Kidane,                Pursuant to Section 19(b)(2) of the Act
                                              [Docket No. R–1553]                                                                                           (12 U.S.C. 461(b)(2)), transaction
                                                                                                      Financial Analyst (202/973–6161),
                                              RIN 7100–AE63                                           Division of Monetary Affairs; for users               account balances maintained at each
                                                                                                      of Telecommunications Device for the                  depository institution over the reserve
                                              Regulation D; Reserve Requirements                      Deaf (TDD) only, contact (202/263–                    requirement exemption amount and up
                                              of Depository Institutions                              4869); Board of Governors of the Federal              to a certain amount, known as the low
                                                                                                      Reserve System, 20th and C Streets                    reserve tranche, are subject to a three
                                              AGENCY:  Board of Governors of the
                                                                                                      NW., Washington, DC 20551.                            percent reserve requirement.
                                              Federal Reserve System.
srobinson on DSK5SPTVN1PROD with RULES




                                                                                                      SUPPLEMENTARY INFORMATION: Section                    Transaction account balances over the
                                              ACTION: Final rule.                                                                                           low reserve tranche are subject to a ten
                                                                                                      19(b)(2) of the Federal Reserve Act (12
                                              SUMMARY:  The Board is amending                         U.S.C. 461(b)(2)) requires each                       percent reserve requirement. Section
                                              Regulation D, Reserve Requirements of                   depository institution to maintain                       1 Consistent with Board practice, the low reserve
                                              Depository Institutions, to reflect the                 reserves against its transaction accounts             tranche and reserve requirement exemption
                                              annual indexing of the reserve                          and nonpersonal time deposits, as                     amounts have been rounded to the nearest $0.1
                                              requirement exemption amount and the                    prescribed by Board regulations, for the              million.



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Document Created: 2016-12-17 03:15:52
Document Modified: 2016-12-17 03:15:52
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
ActionFinal rule.
DatesThis rule is effective December 19, 2016. Comments on this final rule must be received on or before January 18, 2017.
ContactRosalyn Murphy-Jenkins, Director, Labeling and Program Delivery Division, Office of Policy and Program Development, Food Safety and Inspection Service, U.S. Department of Agriculture, Telephone: 301-504-0879.
FR Citation81 FR 91670 
RIN Number0583-AD05
CFR Citation9 CFR 317
9 CFR 381

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