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Federal Register Highlights – 4/28/14

April 28, 2014

Unpublished, time-sensitive and proposed rules for April 28, 2014:

PROPOSED RULE: The Office of the Comptroller of the Currency (OCC) proposes to increase assessments for certain national banks and Federal savings associations (FSAs). Under the proposal, assessment increases for banks and FSAs with assets of more than $40 billion would range between 0.32 percent and approximately 14 percent, depending on the total assets of the institution as reflected in its June 30, 2014, Consolidated Report of Condition and Income (Call Report). The proposal would not increase assessments for banks or FSAs with $40 billion or less in total assets. In conjunction with the proposed increase in assessments, the OCC proposes to update its assessment rules to conform with section 318 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act), which reaffirmed the authority of the Comptroller of the Currency (the Comptroller) to set the amount of, and methodology for, assessments. The proposed rule would also revise the assessment rules to update references to the annual Notice of Comptroller of the Currency Fees (Notice of Fees). If adopted as final, the OCC will implement the increase in assessments by issuing an amended Notice of Fees. This amended Notice of Fees would become effective as of the semiannual assessment due on September 30, 2014. Comments must be received on or before June 12, 2014.  (To submit comments, visit http://www.regulations.gov, reference docket number OCC–2014–0009.)

RULE: We are superseding Airworthiness Directive (AD) 2005–22–01 for Sikorsky Aircraft Corporation (Sikorsky) Model S–76A, B, and C helicopters. AD 5002–22–01 required inspecting the main rotor lower bifilar arm assembly (bifilar arm assembly) for a crack, and if there is a crack, replacing the bifilar arm assembly. AD 2005–22–01 also required a one-time test for the correct torque on the lug nuts, and if necessary, conducting torque stabilization tests. This new AD retains the requirements of AD 2005–22–01 and also requires replacing the main rotor hub (MRH) pilot with a different part- numbered MRH pilot, which is terminating action for the requirements of the AD. This AD was prompted by the development of a terminating procedure for the inspections required by AD 2005–22–01. We are issuing this AD to prevent failure of a bifilar lug, damage to the main rotor system, and subsequent loss of control of the helicopter. This AD is effective June 2, 2014.

PROPOSED RULE:  FMCSA proposes amendments to its regulations to allow the use of electronic records and signatures to satisfy FMCSA’s regulatory requirements. The amendments would permit the use of electronic methods to sign, certify, generate, exchange or maintain records so long as the documents accurately reflect the information in the record and can be used for their intended purpose. This proposed rule would apply only to those documents that FMCSA’s regulations obligate entities or individuals to retain; it would not apply to forms or other documents that must be submitted directly to FMCSA. This proposed rule responds in part to the President’s January 2011 Regulatory Review and Reform initiative and would implement the Government Paperwork Elimination Act (GPEA) and the Electronic Signatures in Global and National Commerce Act (E–SIGN). You may submit comments on or before June 27, 2014. Comments received after this date will be considered to the extent practicable. (To submit comments, visit http://www.regulations.gov, reference docket number FMCSA–2012–0376.)

 

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