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Federal Register Highlights – 6/1/16

June 1, 2016

Unpublished, time-sensitive, and proposed rules for June 1, 2016:

TEMPORARY RULE: The Coast Guard has issued a temporary deviation from the operating schedule that governs the Marine Parkway Bridge across the Rockaway Inlet, mile 3.0, at Queens, New York. This deviation is necessary to allow the bridge owner to facilitate asbestos abatement in the machinery room at the bridge. This deviation is effective from 7 a.m. on June 6, 2016 to 5 p.m. on June 17, 2016.

PROPOSED RULE: The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (Board), and the Federal Deposit Insurance Corporation (FDIC) are inviting comment on a proposed rule that would implement a stable funding requirement, the net stable funding ratio (NSFR), for large and internationally active banking organizations. The proposed NSFR requirement is designed to reduce the likelihood that disruptions to a banking organization’s regular sources of funding will compromise its liquidity position, as well as to promote improvements in the measurement and management of liquidity risk. The proposed rule would also amend certain definitions in the liquidity coverage ratio rule that are also applicable to the NSFR. The proposed NSFR requirement would apply beginning on January 1, 2018, to bank holding companies, certain savings and loan holding companies, and depository institutions that, in each case, have $250 billion or more in total consolidated assets or $10 billion or more in total on-balance sheet foreign exposure, and to their consolidated subsidiaries that are depository institutions with $10 billion or more in total consolidated assets. In addition, the Board is proposing a modified NSFR requirement for bank holding companies and certain savings and loan holding companies that, in each case, have $50 billion or more, but less than $250 billion, in total consolidated assets and less than $10 billion in total on-balance sheet foreign exposure. Neither the proposed NSFR requirement nor the proposed modified NSFR requirement would apply to banking organizations with consolidated assets of less than $50 billion and total on-balance sheet foreign exposure of less than $10 billion. A bank holding company or savings and loan holding company subject to the proposed NSFR requirement or modified NSFR requirement would be required to publicly disclose the company’s NSFR and the components of its NSFR each calendar quarter. Comments on this notice of proposed rulemaking must be received by August 5, 2016. (To submit comments, visit www.regulations.gov, reference Docket ID OCC–2014–0029.)

PROPOSED RULE: The U.S. Army Corps of Engineers (Corps) is soliciting comments for the reissuance of the existing nationwide permits (NWPs), general conditions, and definitions, with some modifications. The Corps is also proposing to issue two new NWPs and one new general condition. The Corps is requesting comment on all aspects of these proposed nationwide permits. The reissuance process starts with this publication of the proposed NWPs in the Federal Register for a 60-day comment period. The purpose of this Federal Register document is to solicit comments on the proposed new and modified NWPs, as well as the NWP general conditions and definitions. Shortly after the publication of this Federal Register document, each Corps district will publish a public notice to solicit comments on its proposed regional conditions for these NWPs. Submit comments on or before August 1, 2016. (To submit comments, visit www.regulations.gov, reference docket number COE–2015–0017.)

RULE: We are superseding Airworthiness Directive (AD) 2001–12–18 for certain CASA Model CN–235 series airplanes. AD 2001–12–18 required modification of the rigging of the engine control cable assembly and replacement of either the entire engine control cable assembly or a segment of the control cables. This new AD would retain the requirements of AD 2001–12–18. This new AD also requires repetitive replacements of each power lever and condition lever Teleflex cable with a new or serviceable part, and removes airplanes from the applicability. This AD was prompted by reports of new occurrences of cable disruption on a certain part number; the disruption is caused by microcracks along the cable surface. We are issuing this AD to prevent fatigue of the engine control cables, leading to breakage of the cables, which could result in reduced controllability of the airplane. This AD is effective July 6, 2016.

RULE: We are superseding Airworthiness Directive (AD) 2011–23– 05 for all The Boeing Company Model 737–300, –400, and –500 series airplanes. AD 2011–23–05 required repetitive inspections for cracking of the 1.04-inch nominal diameter wire penetration hole, and applicable related investigative and corrective actions. This new AD adds new inspection areas, a modification that terminates certain inspections, post-modification inspections, and repair if necessary. This AD was prompted by an evaluation by the design approval holder (DAH) that indicates the fuselage frames and frame reinforcements are subject to widespread fatigue damage (WFD). We are issuing this AD to detect and correct fatigue cracking of the fuselage frames and frame reinforcements that could result in reduced structural integrity of the airplane. This AD is effective July 6, 2016.

RULE: We are superseding Airworthiness Directive (AD) 2005–18– 18 for certain The Boeing Company Model 757 airplanes. AD 2005–18–18 required inspections of certain wire bundles in the left and right engine-to- wing aft fairings for discrepancies; installation of back-to-back p-clamps between the wire and hydraulic supply tube at the aft end of the right-hand strut only; and associated re-routing of the wire bundles, if necessary. This new AD also requires an installation of spiral cable wrap on fuel shutoff valve (FSV) wires at the aft end of the strut, for both left and right engines, and related investigative and corrective actions. This AD was prompted by a determination that the service information referenced in AD 2005–18– 18 did not adequately address FSV wires at the aft end of the struts. We are issuing this AD to prevent chafing between the wire bundle and the structure of the aft fairing, which could result in electrical arcing and subsequent ignition of flammable vapors and a possible uncontrollable fire. This AD is effective July 6, 2016.

RULE: We are adopting a new airworthiness directive (AD) for certain The Boeing Company Model 777 airplanes. This AD was prompted by reports of unreliable performance of the fuel scavenge system. This AD requires changing the main fuel tank water scavenge system, center fuel tank fuel scavenge system, and certain electrical panels; doing related investigative actions; doing corrective actions if necessary; and, for certain airplanes, changing the fuel scavenge system to give redundant control of the center override/jettison fuel pumps and main jettison fuel pumps. We are issuing this AD to prevent fuel exhaustion and subsequent power loss of all engines due to loss of capability to scavenge fuel in the center fuel tank. This AD is effective July 6, 2016.

PROPOSED RULE: This action would streamline and improve commercial space transportation regulations’ general rulemaking and petition procedures by reflecting current practice; reorganizing the regulations for clarity and flow; and allowing petitioners to file their petitions to the FAA’s Office of Commercial Space Transportation electronically. Further, it would expand the option to satisfy commercial space transportation requirements by demonstrating an equivalent level of safety. These changes are necessary to ensure the regulations are current, accurate, and are not unnecessarily burdensome. The intended effect of these changes is to improve the clarity of the regulations and reduce burden on the industry and on the FAA. Send comments on or before August 1, 2016. (To submit comments, visit www.regulations.gov, reference Docket No.: FAA–2016–6761.)

TEMPORARY RULE: NMFS is prohibiting directed fishing for Kamchatka flounder in the Bering Sea and Aleutian Islands management area (BSAI). This action is necessary to prevent exceeding the 2016 Kamchatka flounder initial total allowable catch (ITAC) in the BSAI. Effective 1200 hours, Alaska local time (A.l.t.), May 26, 2016, through 2400 hours, A.l.t., December 31, 2016.

PROPOSED RULE: NMFS proposes regulations to implement Regulatory Amendment 25 for the Fishery Management Plan (FMP) for the Snapper-Grouper Fishery of the South Atlantic Region (Regulatory Amendment 25) as prepared and submitted by the South Atlantic Fishery Management Council (Council). If implemented, this proposed rule would revise the commercial and recreational annual catch limits (ACLs), the commercial trip limit, and the recreational bag limit for blueline tilefish. Additionally, this proposed rule would revise the black sea bass recreational bag limit and the commercial and recreational fishing years for yellowtail snapper. The purpose of this proposed rule for blueline tilefish is to increase the optimum yield (OY) and ACLs based on a revised acceptable biological catch (ABC) recommendation from the Council’s Scientific and Statistical Committee (SSC). The purpose of this proposed rule is also to achieve OY for black sea bass and adjust the fishing year for yellowtail snapper to better protect the species while allowing for economic benefits to fishers. Written comments must be received on or before June 16, 2016. (To submit comments, visit www.regulations.gov, reference Docket No. NOAA–NMFS–2016–0042.)

PROPOSED RULE: This proposed rule would revise fishery monitoring and equipment requirements for all commercial groundfish fisheries, including a requirement for submitting electronic fish tickets in the limited entry fixed gear fisheries and open access fisheries. This proposed rule would revise administrative procedures for limited entry permits, providing greater flexibility and efficiencies for limited entry groundfish fishery participants. This proposed rule also would require vessels registered to Vessel Monitoring Systems (VMS) to make an initial VMS declaration. This proposed rule also would make administrative changes and clarifying edits to improve consistency of the regulations with past Pacific Fishery Management Council (Council) actions and with the Pacific Coast Groundfish Fishery Management Plan (FMP). This action is needed to improve monitoring and administration of the limited entry sablefish primary fishery and address unforeseen issues arising out of the evolution of commercial sablefish fisheries and subsequent regulations. Comments on this proposed rule must be received by July 1, 2016. (To submit comments, visit www.regulations.gov, reference Docket No. NOAA–NMFS–2016–0032.)

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One Comment
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