5294 Federal Register / Vol. 72, No. 23 / Monday, February 5, 2007 / Notices 

1Public Law 107–155, 116 Stat. 81 (Mar. 27, 

2002). 

Federal Deposit Insurance Corporation. 

Valerie J. Best, 

Assistant Executive Secretary. 

[FR Doc. E7–1853 Filed 2–2–07; 8:45 am] 

BILLING CODE 6714–01–P 

FEDERAL ELECTION COMMISSION 

[Notice 2007–2] 

Price Index Increases for Expenditure 

and Contribution Limitations 

AGENCY: Federal Election Commission. 

ACTION: Notice of expenditure and 

contribution limitation increases. 

SUMMARY: As mandated by provisions of 

the Bipartisan Campaign Reform Act of 

2002 (‘‘BCRA’’), the Federal Election 

Commission (‘‘FEC’’ or ‘‘the 

Commission’’) is adjusting certain 

expenditure and contribution 

limitations set forth in the Federal 

Election Campaign Act of 1971, as 

amended (‘‘FECA’’ or ‘‘the Act’’), to 

account for increases in the consumer 

price index. Additional details appear 

in the supplemental information that 

follows. 

EFFECTIVE DATE: The effective date for 

the limit at 2 U.S.C. 441a(a)(1)(A) is 

November 8, 2006. The effective date for 

the limits at 2 U.S.C. 441a(a)(1)(B), 

441a(a)(3), 441a(d) and 441a(h) is 

January 1, 2007. 

FOR FURTHER INFORMATION CONTACT: Mr. 

Gregory J. Scott, Information Division, 

999 E Street, NW., Washington, DC 

20463; (202) 694–1100 or (800) 424–

9530. 

SUPPLEMENTARY INFORMATION: Under the 

Federal Election Campaign Act of 1971, 

2 U.S.C. 431 et seq., as amended by the 

Bipartisan Campaign Reform Act of 

2002, 1 coordinated party expenditure 

limits (2 U.S.C. 441a(d)(3)(A) and (B)), 

and certain contribution limits (2 U.S.C. 

441a(a)(1)(A) and (B), (a)(3), (d) and (h)), 

are adjusted either annually or 

biennially by the increase in the 

consumer price index. See 2 U.S.C. 

441a(c)(1) and 11 CFR 110.17. The 

Commission is publishing this notice to 

announce these limits for 2007 or the 

2007–2008 election cycle. 

Coordinated Party Expenditure Limits 

for 2007 

Under 2 U.S.C. 441a(c), the 

Commission must adjust the 

expenditure limitations established by 2 

U.S.C. 441a(d) (the limits on 

expenditures by national party 

committees, state party committees, or 

their subordinate committees in 

connection with the general election 

campaign of candidates for Federal 

office) annually to account for inflation. 

This expenditure limitation is increased 

by the percent difference between the 

price index, as certified to the 

Commission by the Secretary of Labor, 

for the 12 months preceding the 

beginning of the calendar year and the 

price index for the base period (calendar 

year 1974). 

1. Expenditure Limitation for House of 

Representatives 

Both the national and state party 

committees have an expenditure 

limitation for each general election held 

to fill a seat in the House of 

Representatives. The formula used to 

calculate the expenditure limitation in a 

state with more than one congressional 

district multiplies the base figure of 

$10,000 by the price index (4.089), 

rounding to the nearest $100. Based 

upon this formula, the expenditure 

limitation for 2007 House elections in 

those states is $40,900. The formula 

used to calculate the expenditure 

limitation in a state with only one 

congressional district is the greater of: 

the base figure ($20,000) multiplied by 

the price index (4.089) (which totals 

$81,800); or $0.02 multiplied by the 

voting age population (‘‘VAP’’) of the 

state, multiplied by the price index. 

Amounts are rounded to the nearest 

$100. Based upon this formula, the 

expenditure limitation for 2007 House 

elections in these states is $81,800. See 

2 U.S.C. 441a(d)(3) and 11 CFR 

109.32(b). 

2. Expenditure Limitation for Senate 

Both the national and state party 

committees have an expenditure 

limitation for a general election held to 

fill a seat in the Senate. The formula 

used to calculate the Senate expenditure 

limitation considers not only the price 

index but also the VAP of the state. The 

expenditure limitation is the greater of: 

the base figure ($20,000) multiplied by 

the price index (which totals $81,800); 

or $0.02 multiplied by the VAP of the 

state, multiplied by the price index. 

Amounts are rounded to the nearest 

$100. See 2 U.S.C. 441a(d)(3) and 11 

CFR 109.32(b). The chart below 

provides the state-by-state breakdown of 

the 2007 expenditure limitations for 

Senate elections. 

SENATE EXPENDITURE LIMITATIONS—2007 ELECTIONS

State VAP 

(in thousands) 

VAP × .02 

multiplied by the 

price index 

(4.089) 

Expenditure limit 

(the greater of 

the amount in 

column 3 or 

$81,800) 

Alabama ........................................................................................................................... 3,485 $285,000 $285,000 

Alaska .............................................................................................................................. 489 40,000 81,800 

Arizona ............................................................................................................................. 4,538 371,100 371,100 

Arkansas .......................................................................................................................... 2,120 173,400 173,400 

California .......................................................................................................................... 26,925 2,201,900 2,201,900 

Colorado .......................................................................................................................... 3,584 293,100 293,100 

Connecticut ...................................................................................................................... 2,687 219,700 219,700 

Delaware .......................................................................................................................... 650 53,200 81,800 

Florida .............................................................................................................................. 14,068 1,150,500 1,150,500 

Georgia ............................................................................................................................ 6,909 565,000 565,000 

Hawaii .............................................................................................................................. 987 80,700 81,800 

Idaho ................................................................................................................................ 1,072 87,700 87,700 

Illinois ............................................................................................................................... 9,617 786,500 786,500 

Indiana ............................................................................................................................. 4,736 387,300 387,300 

Iowa ................................................................................................................................. 2,272 185,800 185,800 

Kansas ............................................................................................................................. 2,068 169,100 169,100 

mstockstill on PROD1PC66 with NOTICES

Federal Register / Vol. 72, No. 23 / Monday, February 5, 2007 / Notices 5295 

SENATE EXPENDITURE LIMITATIONS—2007 ELECTIONS—Continued 

State VAP 

(in thousands) 

VAP × .02 

multiplied by the 

price index 

(4.089) 

Expenditure limit 

(the greater of 

the amount in 

column 3 or 

$81,800) 

Kentucky .......................................................................................................................... 3,207 262,300 262,300 

Louisiana .......................................................................................................................... 3,198 261,500 261,500 

Maine ............................................................................................................................... 1,041 85,100 85,100 

Maryland .......................................................................................................................... 4,255 348,000 348,000 

Massachusetts ................................................................................................................. 4,988 407,900 407,900 

Michigan ........................................................................................................................... 7,617 622,900 622,900 

Minnesota ........................................................................................................................ 3,910 319,800 319,800 

Mississippi ........................................................................................................................ 2,151 175,900 175,900 

Missouri ............................................................................................................................ 4,426 362,000 362,000 

Montana ........................................................................................................................... 727 59,500 81,800 

Nebraska .......................................................................................................................... 1,323 108,200 108,200 

Nevada ............................................................................................................................. 1,861 152,200 152,200 

New Hampshire ............................................................................................................... 1,017 83,200 83,200 

New Jersey ...................................................................................................................... 6,635 542,600 542,600 

New Mexico ..................................................................................................................... 1,446 118,300 118,300 

New York ......................................................................................................................... 14,792 1,209,700 1,209,700 

North Carolina .................................................................................................................. 6,701 548,000 548,000 

North Dakota .................................................................................................................... 491 40,200 81,800 

Ohio ................................................................................................................................. 8,708 712,100 712,100 

Oklahoma ......................................................................................................................... 2,685 219,600 219,600 

Oregon ............................................................................................................................. 2,844 232,600 232,600 

Pennsylvania .................................................................................................................... 9,636 788,000 788,000 

Rhode Island .................................................................................................................... 830 67,900 81,800 

South Carolina ................................................................................................................. 3,282 268,400 268,400 

South Dakota ................................................................................................................... 587 48,000 81,800 

Tennessee ....................................................................................................................... 4,596 375,900 375,900 

Texas ............................................................................................................................... 17,014 1,391,400 1,391,400 

Utah ................................................................................................................................. 1,759 143,900 143,900 

Vermont ........................................................................................................................... 491 40,200 81,800 

Virginia ............................................................................................................................. 5,836 477,300 477,300 

Washington ...................................................................................................................... 4,870 398,300 398,300 

West Virginia .................................................................................................................... 1,429 116,900 116,900 

Wisconsin ......................................................................................................................... 4,244 347,100 347,100 

Wyoming .......................................................................................................................... 393 32,100 81,800 

Contribution Limitation Increases for 

Individuals, Nonmulticandidate 

Committees and for Certain Political 

Party Committees Giving to U.S. Senate 

Candidates for 2007–2008 Election 

Cycle 

BCRA amended the Act to extend 

inflation indexing to: (1) The limitations 

on contributions made by persons under 

2 U.S.C. 441a(a)(1)(A) (contributions to 

candidates) and 441a(a)(1)(B) 

(contributions to national party 

committees); (2) the biennial aggregate 

contribution limits applicable to 

individuals under 2 U.S.C. 441a(a)(3); 

and (3) the limitation on contributions 

made to U.S. Senate candidates by 

certain political party committees at 2 

U.S.C. 441a(h) and 2 U.S.C. 441a(c). 

These contribution limitations are 

increased by multiplying the respective 

statutory contribution amount by the 

percent difference between the price 

index, as certified to the Commission by 

the Secretary of Labor, for the 12 

months preceding the beginning of the 

calendar year and the price index for the 

base period (calendar year 2001). The 

resulting amount is rounded to the 

nearest multiple of $100. See 2 U.S.C. 

441a(c) and 11 CFR 110.17(b). The 

Commission has calculated the 

applicable percent difference to be 13.9 

percent. Contribution limitations shall 

be adjusted accordingly: 

Statutory provision Statutory 

amount 

2007–2008 

limitation 

2 U.S.C. 441a(a)(1)(A) .................................................................................................................................... $2,000 $2,300 

2 U.S.C. 441a(a)(1)(B) .................................................................................................................................... 25,000 28,500 

2 U.S.C. 441a(a)(3)(A) .................................................................................................................................... 37,500 42,700 

2 U.S.C. 441a(a)(3)(B) .................................................................................................................................... 57,500 65,500 

2 U.S.C. 441a(h) .............................................................................................................................................. 35,000 39,900 

The increased limitation at 2 U.S.C. 

441a(a)(1)(A) is to be in effect for the 2 

year period beginning on the first day 

following the date of the general 

election in the preceding year and 

ending on the date of the next regularly 

scheduled election. Thus the $2,300 

figure above is in effect from November 

8, 2006, to November 4, 2008. The 

limitations under 2 U.S.C. 441a(a)(1)(B), 

441a(a)(3)(A) and (B), and 441a(h), shall 

be in effect beginning January 1st of the 

odd-numbered year and ending on 

December 31st of the next evennumbered year. Thus the new 

contribution limits under 2 U.S.C. 

441a(a)(1)(B), 441a(a)(3)(A) and (B), and 

441a(h) are in effect from January 1, 

mstockstill on PROD1PC66 with NOTICES

5296 Federal Register / Vol. 72, No. 23 / Monday, February 5, 2007 / Notices 

2007, to December 31, 2008. See 11 CFR 

110.17(b)(1). 

Dated: January 29, 2007. 

Robert D. Lenhard, 

Chairman, Federal Election Commission. 

[FR Doc. E7–1755 Filed 2–2–07; 8:45 am] 

BILLING CODE 6715–01–P 

FEDERAL ELECTION COMMISSION 

Sunshine Act Notices 

AGENCY: Federal Election Commission. 

DATE & TIME: Thursday, February 8, 

2007 at 10 a.m. 

PLACE: 999 E Street, NW., Washington, 

DC (ninth floor). 

STATUS: This meeting will be open to the 

public. 

ITEMS TO BE DISCUSSED: 

Correction and Approval of Minutes. 

Advisory Opinion 2006–34: Working 

Assets, Inc., by counsel, Joseph E. 

Sandler and Frederick K. Lowell. 

Advisory Opinion 2006–36: Green 

Senatorial Campaign Committee, by 

Dean Myerson, Treasurer. 

Advisory Opinion 2006–38: Senator 

Robert P. Casey, Jr. and the Casey 

State Committee by counsel, Marc E. 

Elias and Caroline P. Goodson. 

Policy Statement Establishing A Pilot 

Program for Probable Cause Hearings. 

PERSON TO CONTACT FOR INFORMATION: 

Mr. Robert Biersack, Press Officer, 

Telephone: (202) 694–1220. 

Mary W. Dove, 

Secretary of the Commission. 

[FR Doc. 07–525 Filed 2–1–07; 3:39 pm] 

BILLING CODE 6715–01–M 

FEDERAL RESERVE SYSTEM 

Change in Bank Control Notices; 

Acquisition of Shares of Bank or Bank 

Holding Companies 

The notificants listed below have 

applied under the Change in Bank 

Control Act (12 U.S.C. 1817(j)) and 

§ 225.41 of the Board’s Regulation Y (12 

CFR 225.41) to acquire a bank or bank 

holding company. The factors that are 

considered in acting on the notices are 

set forth in paragraph 7 of the Act (12 

U.S.C. 1817(j)(7)). 

The notices are available for 

immediate inspection at the Federal 

Reserve Bank indicated. The notices 

also will be available for inspection at 

the office of the Board of Governors. 

Interested persons may express their 

views in writing to the Reserve Bank 

indicated for that notice or to the offices 

of the Board of Governors. Comments 

must be received not later than February 

20, 2007. 

A. Federal Reserve Bank of Kansas 

City (Donna J. Ward, Assistant Vice 

President) 925 Grand Avenue, Kansas 

City, Missouri 64198-0001: 

1. Melanie Ranee Christain and Victor 

Lee Christain, both of Oklahoma City, 

Oklahoma; to acquire voting shares of 

First State Bancorporation of Watonga, 

Inc., and thereby indirectly acquire 

voting shares of First State Bank, both 

in Watonga, Oklahoma. 

B. Federal Reserve Bank of San 

Francisco (Tracy Basinger, Director, 

Regional and Community Bank Group) 

101 Market Street, San Francisco, 

California 94105-1579: 

1. Bishop Limited Partnership; to 

acquire additional voting shares of 

Skagit State Bancorp, Inc., and thereby 

indirectly acquire voting shares of 

Skagit State Bank, all of Burlington, 

Washington. 

Board of Governors of the Federal Reserve 

System, January 31, 2007. 

Robert deV. Frierson, 

Deputy Secretary of the Board. 

[FR Doc. E7–1779 Filed 2–2–07; 8:45 am] 

BILLING CODE 6210–01–S 

FEDERAL RESERVE SYSTEM 

Change in Bank Control Notices, 

Acquisition of Shares of Bank or Bank 

Holding Companies; Correction 

This notice corrects a notice (FR Doc. 

07-1536) published on pages 4507-4508 

of the issue for Wednesday, January 31, 

2007. 

Under the Federal Reserve Bank of 

Atlanta heading, the entry for Brenda 

Morris Griner, is revised to read as 

follows: 

A. Federal Reserve Bank of Atlanta 

(Andre Anderson, Vice President) 1000 

Peachtree Street, N.E., Atlanta, Georgia 

30309: 

1. Brenda Morris Griner, Columbia, 

Mississippi; to acquire additional voting 

shares of First Federal Bancorp, and 

thereby indirectly acquire additional 

voting shares of First Southern Bank, 

both of Columbia, Mississippi. 

Comments on this application must 

be received by February 15, 2007. 

Board of Governors of the Federal Reserve 

System, January 31, 2007. 

Robert deV. Frierson, 

Deputy Secretary of the Board. 

[FR Doc. E7–1780 Filed 2–2–07; 8:45 am] 

BILLING CODE 6210–01–S 

FEDERAL RESERVE SYSTEM 

Notice of Proposals to Engage in 

Permissible Nonbanking Activities or 

to Acquire Companies that are 

Engaged in Permissible Nonbanking 

Activities 

The companies listed in this notice 

have given notice under section 4 of the 

Bank Holding Company Act (12 U.S.C. 

1843) (BHC Act) and Regulation Y (12 

CFR Part 225) to engage de novo, or to 

acquire or control voting securities or 

assets of a company, including the 

companies listed below, that engages 

either directly or through a subsidiary or 

other company, in a nonbanking activity 

that is listed in § 225.28 of Regulation Y 

(12 CFR 225.28) or that the Board has 

determined by Order to be closely 

related to banking and permissible for 

bank holding companies. Unless 

otherwise noted, these activities will be 

conducted throughout the United States. 

Each notice is available for inspection 

at the Federal Reserve Bank indicated. 

The notice also will be available for 

inspection at the offices of the Board of 

Governors. Interested persons may 

express their views in writing on the 

question whether the proposal complies 

with the standards of section 4 of the 

BHC Act. Additional information on all 

bank holding companies may be 

obtained from the National Information 

Center website at www.ffiec.gov/nic/. 

Unless otherwise noted, comments 

regarding the applications must be 

received at the Reserve Bank indicated 

or the offices of the Board of Governors 

not later than February 20, 2007. 

A. Federal Reserve Bank of Chicago 

(Patrick M. Wilder, Assistant Vice 

President) 230 South LaSalle Street, 

Chicago, Illinois 60690-1414: 

1. First Berne Financial Corporation, 

Berne, Indiana; to continue to engage de 

novo in extending credit and servicing 

loans, pursuant to section 225.28(b)(1) 

of Regulation Y. 

Board of Governors of the Federal Reserve 

System, January 31, 2007. 

Robert deV. Frierson, 

Deputy Secretary of the Board. 

[FR Doc.E7–1778 Filed 2–2–07; 8:45 am] 

BILLING CODE 6210–01–S 

mstockstill on PROD1PC66 with NOTICES