83_FR_10832 83 FR 10783 - Requirements for Insurance; National Credit Union Share Insurance Fund Equity Distributions; Correction

83 FR 10783 - Requirements for Insurance; National Credit Union Share Insurance Fund Equity Distributions; Correction

NATIONAL CREDIT UNION ADMINISTRATION

Federal Register Volume 83, Issue 49 (March 13, 2018)

Page Range10783-10784
FR Document2018-05056

On February 23, 2018, the NCUA Board (Board) issued a final rule adopting amendments to its share insurance requirements rule to provide stakeholders with greater transparency regarding the calculation of each eligible financial institution's pro rata share of a declared equity distribution from the National Credit Union Share Insurance Fund (NCUSIF). A clerical error appeared which confuses what CFR unit is being amended. This document corrects that error.

Federal Register, Volume 83 Issue 49 (Tuesday, March 13, 2018)
[Federal Register Volume 83, Number 49 (Tuesday, March 13, 2018)]
[Rules and Regulations]
[Pages 10783-10784]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-05056]


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NATIONAL CREDIT UNION ADMINISTRATION

12 CFR Part 741

RIN 3133-AE77


Requirements for Insurance; National Credit Union Share Insurance 
Fund Equity Distributions; Correction

AGENCY: National Credit Union Administration (NCUA).

ACTION: Final rule; correction.

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

SUMMARY: On February 23, 2018, the NCUA Board (Board) issued a final 
rule adopting amendments to its share insurance requirements rule to 
provide stakeholders with greater transparency regarding the 
calculation of each eligible financial institution's pro rata share of 
a declared equity distribution from the National Credit Union Share 
Insurance Fund (NCUSIF). A clerical error appeared which confuses what 
CFR unit is being amended. This document corrects that error.

DATES: This correction is effective March 26, 2018.

FOR FURTHER INFORMATION CONTACT: Benjamin M. Litchfield, Staff 
Attorney, Office of General Counsel, at (703) 518-6540; or Steve 
Farrar, Supervisory Financial Analyst, Office of Examination and 
Insurance, at (703) 518-6360. You may also contact them at the National 
Credit Union Administration, 1775 Duke Street, Alexandria, Virginia 
22314-3428.

SUPPLEMENTARY INFORMATION: On February 23, 2018, at 83 FR 7954, the 
Board issued a final rule adopting amendments to 12 CFR part 741. In 
amendments to appendices A, B, and C to part 741, incorrect headings 
appeared above amendatory instructions 4 and 5 on page 7964 identifying 
the wrong CFR part. Instruction 5 omitted the part number.
    Therefore, FR Rule Doc. No. 2018-03622, published on February 23, 
2018, beginning on page 7954, is corrected as follows:

0
1. On page 7964, in the center column, the heading above amendatory 
instruction 4 is corrected to read as follows:

[[Page 10784]]

Appendix A to Part 741 [Removed]

0
2. On page 7964, in the center column, the heading above amendatory 
instruction 5 and amendatory instruction 5 are corrected to read as 
follows:

Appendices B and C to Part 741 [Redesignated as Appendices A and B to 
Part 741]

0
5. Redesignate appendix B and appendix C to part 741 as appendix A and 
appendix B to part 741, respectively.

    By the National Credit Union Administration Board on March 7, 
2018.
 Gerard Poliquin,
Secretary of the Board.
[FR Doc. 2018-05056 Filed 3-12-18; 8:45 am]
 BILLING CODE 7535-01-P



                                                              Federal Register / Vol. 83, No. 49 / Tuesday, March 13, 2018 / Rules and Regulations                                               10783

                                           acquire additional land needed to                       under the Federal Insecticide,                          Dated: March 8, 2018.
                                           comply with the OLPP final rule and                     Fungicide, and Rodenticide Act (7                     Bruce Summers,
                                           some of this burden will be borne by                    U.S.C. 136–136(y)).                                   Acting Administrator, Agricultural Marketing
                                           small entities. Id. at 142. Also, certain                                                                     Service.
                                                                                                   IX. Paperwork Reduction Act
                                           existing certified organic slaughter                                                                          [FR Doc. 2018–05029 Filed 3–12–18; 8:45 am]
                                           facilities could surrender their organic                  No additional collection or                         BILLING CODE 3410–02–P
                                           certification as a result of the OLPP final             recordkeeping requirements are
                                           rule and certain businesses currently                   imposed on the public by withdrawing
                                           providing livestock transport services                  the OLPP final rule. Accordingly, OMB
                                           for certified organic producers or                      clearance is not required by the                      NATIONAL CREDIT UNION
                                           slaughter facilities may be unwilling to                Paperwork Reduction Act of 1995 (44                   ADMINISTRATION
                                           meet and/or document compliance with                    U.S.C. 3501), Chapter 35. Withdrawing
                                           the livestock transit requirements. Id. at              the OLPP final rule will avoid an                     12 CFR Part 741
                                           149.                                                    estimated $1.95-$3.9 million in costs for
                                             Withdrawing the OLPP final rule                       increased paperwork burden associated                 RIN 3133–AE77
                                           avoids these economic impacts without                   with that final rule.
                                           introducing any incremental burdens or                                                                        Requirements for Insurance; National
                                           erecting barriers that would restrict the               X. Executive Order 13175                              Credit Union Share Insurance Fund
                                           ability of small entities to compete in                   This rule has been reviewed in                      Equity Distributions; Correction
                                           the market. This conclusion is                          accordance with the requirements of
                                           supported by the historic growth of the                 Executive Order 13175, ‘‘Consultation                 AGENCY:  National Credit Union
                                           organic industry without the regulatory                 and Coordination with Indian Tribal                   Administration (NCUA).
                                           amendments.                                             Governments.’’ Executive Order 13175                  ACTION: Final rule; correction.
                                             This rule relieves producers of the                   requires Federal agencies to consult and
                                           costs of complying with the OLPP final                  coordinate with tribes on a government-               SUMMARY:   On February 23, 2018, the
                                           rule. The effects of withdrawal will be                 to-government basis on policies that                  NCUA Board (Board) issued a final rule
                                           beneficial and not defined as significant               have tribal implications, including                   adopting amendments to its share
                                           for the specific purposes of the                        regulations, legislative comments or                  insurance requirements rule to provide
                                           Regulatory Flexibility Act. Some small                                                                        stakeholders with greater transparency
                                                                                                   proposed legislation, and other policy
                                           entities may experience time and money                                                                        regarding the calculation of each eligible
                                                                                                   statements or actions that have
                                           savings as a result of not having to                                                                          financial institution’s pro rata share of
                                                                                                   substantial direct effects on one or more
                                           change practices to comply with the                                                                           a declared equity distribution from the
                                                                                                   Indian tribes, on the relationship
                                           OLPP final rule. Affected small entities                                                                      National Credit Union Share Insurance
                                                                                                   between the Federal Government and
                                           would include organic egg and organic                                                                         Fund (NCUSIF). A clerical error
                                                                                                   Indian tribes, or on the distribution of
                                           broiler producers. This rule will provide                                                                     appeared which confuses what CFR unit
                                                                                                   power and responsibilities between the
                                           measurable, savings for small entities.                                                                       is being amended. This document
                                                                                                   Federal Government and Indian tribes.
                                           However, for the definitional purposes                                                                        corrects that error.
                                           of the RFA, these savings are not                         AMS has assessed the impact of this
                                                                                                   rule on Indian tribes and determined                  DATES: This correction is effective
                                           considered a ‘‘significant’’ economic
                                           impact on a substantial number of small                 that this rule would not, to our                      March 26, 2018.
                                           entities.                                               knowledge, have tribal implications that              FOR FURTHER INFORMATION CONTACT:
                                             Under these circumstances, the                        require tribal consultation under                     Benjamin M. Litchfield, Staff Attorney,
                                           Administrator of AMS has determined                     Executive Order 13175. If a Tribe                     Office of General Counsel, at (703) 518–
                                           that this action will not have a                        requests consultation, AMS will work                  6540; or Steve Farrar, Supervisory
                                           significant economic impact on a                        with the Office of Tribal Relations to                Financial Analyst, Office of
                                           substantial number of small entities and                ensure meaningful consultation is                     Examination and Insurance, at (703)
                                           certifies as such.                                      provided where changes, additions and                 518–6360. You may also contact them at
                                                                                                   modifications identified herein are not               the National Credit Union
                                           VIII. Executive Order 12988                             expressly mandated by Congress.                       Administration, 1775 Duke Street,
                                             Executive Order 12988 instructs each                  XI. Civil Rights Impact Analysis                      Alexandria, Virginia 22314–3428.
                                           executive agency to adhere to certain
                                                                                                                                                         SUPPLEMENTARY INFORMATION: On
                                           requirements in the development of new                     AMS has reviewed this final rule in
                                                                                                   accordance with the Department                        February 23, 2018, at 83 FR 7954, the
                                           and revised regulations in order to avoid
                                                                                                   Regulation 4300–4, Civil Rights Impact                Board issued a final rule adopting
                                           unduly burdening the court system.
                                             Pursuant to section 6519(f) of OFPA,                  Analysis, to address any major civil                  amendments to 12 CFR part 741. In
                                           this final rule would not alter the                     rights impacts the rule might have on                 amendments to appendices A, B, and C
                                           authority of the Secretary under the                    minorities, women, and persons with                   to part 741, incorrect headings appeared
                                           Federal Meat Inspection Act (21 U.S.C.                  disabilities. AMS has determined that                 above amendatory instructions 4 and 5
                                           601–624), the Poultry Products                          withdrawing the OLPP final rule has no                on page 7964 identifying the wrong CFR
                                           Inspection Act (21 U.S.C. 451–471), or                  potential for affecting producers in                  part. Instruction 5 omitted the part
                                           the Egg Products Inspection Act (21                     protected groups differently than the                 number.
                                           U.S.C. 1031–1056), concerning meat,                     general population of producers.                         Therefore, FR Rule Doc. No. 2018–
                                           poultry, and egg products, respectively,                                                                      03622, published on February 23, 2018,
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                                                                                                   XII. Conclusion                                       beginning on page 7954, is corrected as
                                           nor any of the authorities of the
                                           Secretary of Health and Human Services                    In compliance with OFPA and                         follows:
                                           under the Federal Food, Drug and                        consistent with the regulatory policies               ■ 1. On page 7964, in the center column,
                                           Cosmetic Act (21 U.S.C. 301–399), nor                   of Executive Orders 12866 and 13563,                  the heading above amendatory
                                           the authority of the Administrator of the               AMS is withdrawing the OLPP final                     instruction 4 is corrected to read as
                                           U.S. Environmental Protection Agency                    rule.                                                 follows:


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                                           10784              Federal Register / Vol. 83, No. 49 / Tuesday, March 13, 2018 / Rules and Regulations

                                           Appendix A to Part 741 [Removed]                        describes in more detail the scope of the             2910E; Pinecastle, FL, qualifies for
                                                                                                   agency’s authority. This rulemaking is                categorical exclusion under the National
                                           ■ 2. On page 7964, in the center column,                promulgated under the authority                       Environmental Policy Act, and in
                                           the heading above amendatory                            described in Subtitle VII, Part A,                    accordance with FAA Order 1050.1F,
                                           instruction 5 and amendatory                            Subpart I, Section 40103. Under that                  Environmental Impacts: Policies and
                                           instruction 5 are corrected to read as                  section, the FAA is charged with                      Procedures, paragraph 5–6.5.d,
                                           follows:                                                prescribing regulations to assign the use             ‘‘Modification of the technical
                                           Appendices B and C to Part 741                          of the airspace necessary to ensure the               description of special use airspace
                                           [Redesignated as Appendices A and B                     safety of aircraft and the efficient use of           (SUA) that does not alter the
                                           to Part 741]                                            airspace. This regulation is within the               dimensions, altitudes, or times of
                                                                                                   scope of that authority as it updates the             designation of the airspace (such as
                                           ■ 5. Redesignate appendix B and                         controlling agency for restricted areas               changes in designation of the
                                           appendix C to part 741 as appendix A                    R–2907C, R–2910B, R–2910C and R–                      controlling or using agency, or
                                           and appendix B to part 741,                             2910E; Pinecastle, FL, to reflect the                 correction of typographical errors).’’
                                           respectively.                                           current responsible organizations.                    This airspace action is an administrative
                                             By the National Credit Union                                                                                change to the description of restricted
                                           Administration Board on March 7, 2018.                  The Rule
                                                                                                                                                         areas R–2907C, R–2910B, R–2910C and
                                           Gerard Poliquin,                                           This rule amends title 14 Code of                  R–2910E; Pinecastle, FL, to update the
                                           Secretary of the Board.                                 Federal Regulations (14 CFR) part 73 by               controlling agency names. It does not
                                           [FR Doc. 2018–05056 Filed 3–12–18; 8:45 am]             updating the controlling agency name                  alter the dimensions, altitudes, time of
                                           BILLING CODE 7535–01–P
                                                                                                   for restricted areas R–2907C, R–2910B,                designation, or use of the airspace.
                                                                                                   R–2910C, and R–2910E; Pinecastle, FL.                 Therefore, this airspace action is not
                                                                                                   The controlling agency for R–2907C and                expected to result in any significant
                                                                                                   R–2910E is changed from ‘‘FAA,                        environmental impacts. In accordance
                                           DEPARTMENT OF TRANSPORTATION
                                                                                                   Jacksonville ARTCC,’’ to ‘‘FAA,                       with FAA Order 1050.1F, paragraph 5–
                                           Federal Aviation Administration                         Jacksonville TRACON.’’ The controlling                2 regarding Extraordinary
                                                                                                   agency for R–2910B and R–2910C is                     Circumstances, this action has been
                                           14 CFR Part 73                                          changed from ‘‘FAA, Jacksonville                      reviewed for factors and circumstances
                                                                                                   ARTCC,’’ to ‘‘FAA, Central Florida                    in which a normally categorically
                                           [Docket No. FAA–2018–0103; Airspace                     TRACON.’’ This action is necessary in
                                           Docket No. 18–ASO–1]                                                                                          excluded action may have a significant
                                                                                                   order to assign controlling agency                    environmental impact requiring further
                                                                                                   responsibilities to the air traffic control           analysis, and it is determined that no
                                           Amendment of Restricted Areas
                                                                                                   facilities having jurisdiction over the               extraordinary circumstances exist that
                                           R–2907C, R–2910B, R–2910C, and
                                                                                                   affected airspace.                                    warrant preparation of an
                                           R–2910E; Pinecastle, FL                                    This is an administrative change that              environmental assessment.
                                           AGENCY:  Federal Aviation                               does not affect the boundaries,
                                           Administration (FAA), DOT.                              designated altitudes, or activities                   List of Subjects in 14 CFR Part 73
                                           ACTION: Final rule; technical                           conducted within the restricted areas;
                                                                                                                                                           Airspace, Prohibited areas, Restricted
                                           amendment.                                              therefore, notice and public procedure
                                                                                                                                                         areas.
                                                                                                   under 5 U.S.C. 553(b) are unnecessary.
                                           SUMMARY:   This action updates the                                                                            Adoption of the Amendment
                                                                                                   Regulatory Notices and Analyses
                                           controlling agency information for
                                           restricted areas R–2907C, R–2910B, R–                      The FAA has determined that this                     In consideration of the foregoing, the
                                           2910C, and R–2910E; Pinecastle, FL.                     action only involves an established                   Federal Aviation Administration
                                           This is an administrative change to                     body of technical regulations for which               amends 14 CFR part 73 as follows:
                                           reflect the current organizations tasked                frequent and routine amendments are
                                                                                                   necessary to keep them operationally                  PART 73—SPECIAL USE AIRSPACE
                                           with controlling agency responsibilities
                                           for the restricted areas. It does not affect            current. It, therefore: (1) Is not a
                                                                                                   ‘‘significant regulatory action’’ under               ■ 1. The authority citation for part 73
                                           the boundaries, designated altitudes,                                                                         continues to read as follows:
                                           time of designation or activities                       Executive Order 12866; (2) is not a
                                           conducted within the restricted areas.                  ‘‘significant rule’’ under DOT                          Authority: 49 U.S.C. 106(f), 106(g); 40103,
                                                                                                   Regulatory Policies and Procedures (44                40113, 40120; E.O. 10854, 24 FR 9565, 3 CFR,
                                           DATES: Effective date: 0901 UTC, May                                                                          1959–1963 Comp., p. 389.
                                                                                                   FR 11034; February 26, 1979); and (3)
                                           24, 2018.
                                                                                                   does not warrant preparation of a                     § 73.29    [Amended]
                                           FOR FURTHER INFORMATION CONTACT: Paul                   regulatory evaluation as the anticipated
                                           Gallant, Airspace Policy Group, Office                  impact is so minimal. Since this is a                 ■ 2. Section 73.29 is amended as
                                           of Airspace Services, Federal Aviation                  routine matter that only affects air traffic          follows:
                                           Administration, 800 Independence                        procedures and air navigation, it is                  *     *    *     *     *
                                           Avenue SW, Washington, DC 20591;                        certified that this rule, when
                                           telephone: (202) 267–8783.                              promulgated, does not have a significant              R–2907C Pinecastle, FL [Amended]
                                           SUPPLEMENTARY INFORMATION:                              economic impact on a substantial                        By removing the words ‘‘Controlling
                                                                                                   number of small entities under the                    agency. FAA, Jacksonville ARTCC,’’ and
                                           Authority for This Rulemaking                                                                                 adding in their place the words ‘‘Controlling
                                                                                                   criteria of the Regulatory Flexibility Act.
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                                             The FAA’s authority to issue rules                                                                          agency. FAA, Jacksonville TRACON.’’
                                           regarding aviation safety is found in                   Environmental Review                                  R–2910B Pinecastle, FL [Amended]
                                           Title 49 of the United States Code.                       The FAA has determined that this                       By removing ‘‘Controlling agency. FAA,
                                           Subtitle I, Section 106 describes the                   action of updating the agency                         Jacksonville ARTCC,’’ and adding in its place
                                           authority of the FAA Administrator.                     information for restricted areas R–                   ‘‘Controlling agency. FAA, Central Florida
                                           Subtitle VII, Aviation Programs,                        2907C, R–2910B, R–2910C and R–                        TRACON.’’



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Document Created: 2018-03-13 01:56:51
Document Modified: 2018-03-13 01:56:51
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; correction.
DatesThis correction is effective March 26, 2018.
ContactBenjamin M. Litchfield, Staff Attorney, Office of General Counsel, at (703) 518-6540; or Steve Farrar, Supervisory Financial Analyst, Office of Examination and Insurance, at (703) 518-6360. You may also contact them at the National Credit Union Administration, 1775 Duke Street, Alexandria, Virginia 22314-3428.
FR Citation83 FR 10783 
RIN Number3133-AE77

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