Federal Register / Vol. 69, No. 199 / Friday, October 15, 2004 / Notices 61295

from the States and providing the public 

an opportunity to comment on each 

applicant’s qualifications allows the 

public to have input while avoiding the 

use of unproven allegations. 

Advocates for Highway and Auto 

Safety (Advocates) expresses continued 

opposition to the FMCSA’s policy to 

grant exemptions from the FMCSRs, 

including the driver qualification 

standards. Specifically, Advocates: (1) 

Objects to the manner in which the 

FMCSA presents driver information to 

the public and makes safety 

determinations; (2) objects to the 

agency’s reliance on conclusions drawn 

from the vision waiver program; (3) 

claims the agency has misinterpreted 

statutory language on the granting of 

exemptions (49 U.S.C. §§ 31315 and 

31136(e)); and finally (4) suggests that a 

1999 Supreme Court decision affects the 

legal validity of vision exemptions. The 

issues raised by Advocates were 

addressed at length in 64 FR 51568 

(September 23, 1999), 64 FR 66962 

(November 30, 1999), 64 FR 69586 

(December 13, 1999), 65 FR 159 (January 

3, 2000), 65 FR 57230 (September 21, 

2000), and 66 FR 13825 (March 7, 2001). 

We will not address these points again 

here, but refer interested parties to those 

earlier discussions. 

Conclusion 

After considering the comments to the 

docket and based upon its evaluation of 

the 30 exemption applications, the 

FMCSA exempts Robert L. Aurandt, 

Harry R. Brewer, Wilford F. Christian, 

Timothy A. DeFrange, Terry G. Dickson, 

Sr., Clarence N. Florey, Jr., Bobby C. 

Floyd, Steve H. Garrison, Ronald A. 

Gentry, Scott D. Goalder, Raymond P. 

Gonzales, David M. Hagadorn, Donald 

R. Hiltz, James L. Hooks, Francisco J. 

Jimenez, Kelly R. Konesky, Gregory T. 

Lingard, Hollis J. Martin, Truman J. 

Mathis, Robert E. Moore, Kevin C. 

Palmer, Charles O. Rhodes, Einar H. 

Rice, Gordon G. Roth, Manuel Sanchez, 

Chris H. Schultz, Halman Smith, 

Norman K. Stepleton, LaLanne Taylor, 

and James A. Walker from the vision 

requirement in 49 CFR § 391.41(b)(10), 

subject to the requirements cited above 

(49 CFR 391.64(b)). 

In accordance with 49 U.S.C. 31315 

and 31136(e), each exemption will be 

valid for 2 years unless revoked earlier 

by the FMCSA. The exemption will be 

revoked if: (1) The person fails to 

comply with the terms and conditions 

of the exemption; (2) the exemption has 

resulted in a lower level of safety than 

was maintained before it was granted; or 

(3) continuation of the exemption would 

not be consistent with the goals and 

objectives of 49 U.S.C. 31315 and 31136. 

If the exemption is still effective at the 

end of the 2-year period, the person may 

apply to the FMCSA for a renewal under 

procedures in effect at that time.

Issued on: October 12, 2004. 

Rose A. McMurray, 

Associate Administrator, Policy and Program 

Development.

[FR Doc. 04–23162 Filed 10–14–04; 8:45 am] 

BILLING CODE 4910–EX–P

DEPARTMENT OF TRANSPORTATION

Surface Transportation Board 

[STB Finance Docket No. 34553] 

Idaho & Sedalia Transportation 

Company, LLC—Lease Exemption—

Idaho Northern & Pacific Railroad 

Company 

Idaho & Sedalia Transportation 

Company, LLC (I&S), a noncarrier, has 

filed a verified notice of exemption 

under 49 CFR 1150.31 to lease from 

Idaho Northern & Pacific Railroad 

Company (INPR) and operate 5 miles of 

rail line between milepost 94.68, near 

Cascade, and milepost 99.68, at 

Cascade, ID. 

I&S certifies that its projected 

revenues as a result of this transaction 

will not result in I&S becoming a Class 

II or Class I rail carrier, and further 

certifies that its projected revenues will 

not exceed $5 million. The transaction 

was scheduled to be consummated on or 

shortly after September 22, 2004. 

If the verified notice contains false or 

misleading information, the exemption 

is void ab initio. Petitions to revoke the 

exemption under 49 U.S.C. 10502(d) 

may be filed at any time. The filing of 

a petition to revoke does not 

automatically stay the transaction. 

An original and 10 copies of all 

pleadings, referring to STB Finance 

Docket No. 34553, must be filed with 

the Surface Transportation Board, 1925 

K Street, NW., Washington, DC 20423–

0001. In addition, a copy of each 

pleading must be served on Karl Morell, 

Ball Janik LLP, Suite 225, 1455 F Street, 

NW., Washington, DC 20005. 

Board decisions and notices are 

available on its Web site at http://

www.stb.dot.gov.

Decided: October 7, 2004.

By the Board, David M. Konschnik, 

Director, Office of Proceedings. 

Vernon A. Williams, 

Secretary.

[FR Doc. 04–23050 Filed 10–14–04; 8:45 am] 

BILLING CODE 4915–01–P

DEPARTMENT OF THE TREASURY

Office of International Affairs; Treasury 

International Capital (TIC) Form D: 

Report of Holdings of, and 

Transactions in, Financial Derivatives 

Contracts With Foreign Residents

AGENCY: Departmental Offices, 

Department of the Treasury.

ACTION: Notice of reporting 

requirements. 

SUMMARY: By this Notice, the 

Department of the Treasury is informing 

the public that it is conducting a 

mandatory quarterly collection of 

information on holdings and 

transactions in financial derivatives 

contracts undertaken between foreign 

resident counterparties and major U.S.-

resident participants in derivatives 

markets. This Notice constitutes legal 

notification to all United States persons 

who are in the reporting panel set forth 

in this Notice that they must respond to 

this collection of information. Copies of 

the Form D report and instructions may 

be printed from the Internet at: http://

www.treas.gov/tic/forms.html.

Who Must Report: The reporting panel 

consists of all U.S.-resident participants 

in derivatives markets, where each 

reporter holds derivatives having a total 

notional value in excess of $100 billion, 

measured on a consolidated-worldwide 

accounting basis, at the end of the 

calendar quarter being reported. The 

worldwide total includes all derivatives 

contracts with both U.S. and foreign 

residents, and all contracts in the 

accounts of both the reporter and the 

reporter’s customers. 

What to Report: This report will 

collect information on all over-thecounter (OTC) and exchange-traded 

derivatives contracts with foreign 

residents that meet the definition of a 

derivatives contract in FASB Statement 

No. 133, as amended. 

How to Report: Copies of Form D 

report and instructions, which contain 

complete information on reporting 

procedures and definitions, may be 

obtained at the Web site address given 

above in the SUMMARY, or by contacting 

the survey staff of the Federal Reserve 

Bank of New York at (212) 720–6300. 

The mailing address is: Federal Reserve 

Bank of New York, Statistics Function, 

4th Floor, 33 Liberty Street, New York, 

NY 10045–0001. Inquiries also may be 

made to Dwight Wolkow at (202) 622–

1276, e-mail: 

dwight.wolkow@do.treas.gov.

When to Report: Data must be 

submitted to the Federal Reserve Bank 

of New York, acting as fiscal agent for 

the Department of the Treasury, no later