Federal Register / Vol. 72, No. 98 / Tuesday, May 22, 2007 / Notices 28765 

[FR Doc. 07–2512 Filed 5–21–07; 8:45 am] 

BILLING CODE 4909–60–M 

DEPARTMENT OF TRANSPORTATION 

Pipeline and Hazardous Materials 

Safety Administration 

Office of Hazardous Materials Safety; 

Notice of Application for Special 

Permits 

AGENCY: Pipeline and Hazardous 

Materials Safety Administration 

(PHMSA), DOT. 

ACTION: List of applications for special 

permits. 

SUMMARY: In accordance with the 

procedures governing the application 

for, and the processing of, special 

permits from the Department of 

Transportation’s Hazardous Material 

Regulations (49 CFR part 107, subpart 

B), notice is hereby given that the Office 

of Hazardous Materials Safety has 

received the application described 

herein. Each mode of transportation for 

which a particular special permit is 

requested is indicated by a number in 

the ‘‘Nature of Application’’ portion of 

the table below as follows: 1—Motor 

vehicle, 2—Rail freight, 3—Cargo vessel, 

4—Cargo aircraft only, 5—Passengercarrying aircraft. 

DATES: Comments must be received on 

or before June 21, 2007. 

Address Comments to: Record Center, 

Pipeline and Hazardous Materials Safety 

Administration, U.S. Department of 

Transportation, Washington, DC 20590. 

Comments should refer to the 

application number and be submitted in 

triplicate. If confirmation of receipt of 

comments is desired, include a selfaddressed stamped postcard showing he 

special permit number. 

FOR FURTHER INFORMATION CONTACT: 

Copies of the applications are available 

for inspection in the Records Center, 

Nassif Building, 400 7th Street, SW., 

Washington, DC or at http:// 

dms.dot.gov. 

This notice of receipt of applications 

for special permit is published in 

accordance with part 107 of the Federal 

hazardous materials transportation law 

(49 U.S.C. 5117(b); 49 CFR 1.53(b)). 

Issued in Washington, DC, on May 15, 

2007. 

Delmer Billings, 

Director, Special Permits & Approvals 

Programs, Office of Hazardous Materials, 

Special Permits & Approvals. 

NEW SPECIAL PERMITS 

Applicant No. Docket 

No. Applicant Regulation(s) affected Nature of special permits thereof 

14502–N ...... ................ Ropak Southeast, LaGrange, 

GA.

49 CFR 178.3(a)(1), 

178.502(a)(1).

To authorize the transportation in commerce of 

approximately 3900 UN 1H1 drums that were 

incorrectly marked as jerricans (3H1). (Modes 

1, 2, 3, 4, 5) 

14503–N ...... ................ Gay Lea Foods Co-operative 

Limited, Guelph, OH.

49 CFR 173.306(b)(1) .............. To authorize the transportation in commerce of 

an aerosol foodstuff in a nonrefillable metal 

container similar to a DOT Specification 2P. 

(Modes 1, 2, 3, 4, 5) 

14505–N ...... ................ Arkema, Inc., Philadelphia, PA 49 CFR 173.31(a) 179.13 ........ To authorize the transportation in commerce of 

tank cars, containing certain refrigerant gases 

in Division 2.2, with a maximum gross weight 

on rails of 286,000 pounds. (Mode 2) 

14506–N ...... ................ Jacobs Engineering, Anchorage, AK.49 CFR 173.4(a)(1)(i) ............... To authorize the transportation in commerce of 

Class 3 material in a non-DOT Specification 

packaging. (Modes 1, 2, 3, 4, 5, 6) 

14507–N ...... ................ Gulf Coast Hydrostatic Testers, 

LLC, Denham Springs, LA.

49 CFR 180.205(f), 180.209(a), 

172.203(a), 172.301(c).

To authorize the retesting of DOT Specification 

3A, 3AA, and 3AL cylinders by means other 

than the hydrostatic retest required in 49 CFR 

180.209. (Modes 1, 3, 4) 

14508–N ...... ................ Gulf Coast Hydrostatic Testers, 

LLC, Denham Springs, LA.

49 CFR 180.205(f), (g); 

§ 180.209(a), (b)(1)(iv); 

§ 172.203(a); § 172.301(c); 

§ 173.302a(b)(2),(4), (5).

To authorize the retesting of DOT Specifications 

3A, 3AA, and 3AL cylinders by means other 

than the hydrostatic retest required in 49 CFR 

180.209 and to allow filling pressure 10% 

greater than marked service pressure. (Modes 

1, 3, 4) 

14509–N ...... ................ Pacific Consolidated Industries, 

LLC, Riverside CA.

49 CFR 173.302(a)(1), 

173.304a (a)(1), 175.3.

To authorize the manufacturing, marking, sale 

and use of brass-lined filament wound cylinders for use in transporting certain Division 

2.1 and 2.2 gases. (Modes 1, 2, 3, 5) 

14510–N ...... ................ Clean Earth Systems, Inc., 

Tampa, FL.

49 CFR 173.12(b), 

173.12(b)(2)(i).

To authorize the transportation in commerce by 

motor vehicle of certain hazardous materials 

in UN4G fiberboard boxes lined with polyethylene. (Mode 1) 

14512–N ...... ................ Amfuel, Magnolia, AZ ............... 49 CFR 173.241 ....................... To authorize the manufacture, marking sale and 

use of non-DOT specification bulk packagings 

for the transportation in commerce of certain 

Class 8 hazardous materials. (Mode 1) 

14513–N ...... ................ Hazmat Services, Inc., Anaheim, CA.49 CFR 173.12(b)(2)(ii), 

172.101(b)(1), 173.12(b)(1).

To authorize the transportation in commerce of 

chemically-compatible hazardous materials 

with different hazard classes in lab packs. 

(Mode 1) 


jlentini on PROD1PC65 with NOTICES
28766 Federal Register / Vol. 72, No. 98 / Tuesday, May 22, 2007 / Notices 

NEW SPECIAL PERMITS—Continued 

Applicant No. Docket 

No. Applicant Regulation(s) affected Nature of special permits thereof 

14515–N ...... ................ STAKO ..................................... 49 CFR 173.302(a); 

173.304(a); 175.3.

To authorize the manufacture, marking and sell 

of non-DOT specification fiber reinforced plastic cylinders built to DOT FRP–1 standard for 

use in transporting various flammable and 

non-flammable gases.(Modes 1, 2, 3, 4, 5) 

[FR Doc. 07–2513 Filed 5–21–07; 8:45 am] 

BILLING CODE 4909–60–M 

DEPARTMENT OF THE TREASURY 

Community Development Financial 

Institutions Fund 

Request for Public Comments, New 

Markets Tax Credit Program 

AGENCY: Community Development 

Financial Institutions Fund, Department 

of the Treasury. 

SUMMARY: This document invites 

comments from the public on certain 

issues regarding how, for purposes of 

the New Markets Tax Credit (NMTC) 

Program, the Community Development 

Financial Institutions (CDFI) Fund 

should ensure that non-metropolitan 

counties receive a proportional 

allocation of Qualified Equity 

Investments (QEIs). All materials 

submitted will be available for public 

inspection and copying. 

DATES: All comments and submissions 

must be received by July 6, 2007. 

ADDRESSES: Comments should be sent 

by mail to: NMTC Program Manager, 

CDFI Fund, U.S. Department of the 

Treasury, 601 13th Street, NW., Suite 

200 South, Washington, DC 20005; by email to cdfihelp@cdfi.treas.gov; or by 

facsimile at (202) 622–7754. This is not 

a toll free number. 

FOR FURTHER INFORMATION CONTACT: 

Information regarding the CDFI Fund 

and its programs may be downloaded 

from the CDFI Fund’s Web site at 

http://www.cdfifund.gov. 

SUPPLEMENTARY INFORMATION: Section 

121(a) of the Community Renewal Tax 

Relief Act of 2000 (Pub. L. 106–554), 

enacted on December 21, 2000, 

amended the Internal Revenue Code 

(IRC) by adding IRC section 45D, New 

Markets Tax Credit. Taxpayers that 

make QEIs in qualified Community 

Development Entities (CDEs) may claim 

the NMTC. Under section 45D(a)(2), the 

NMTC is equal to five percent of the QEI 

the first three years and six percent for 

the next four years for a total of 39 

percent. The CDE must use substantially 

all of the cash from a QEI to make 

Qualified Low-Income Community 

Investments (QLICIs). IRC section 

45D(d)(1) defines a QLICI as: (A) Any 

capital or equity investment in, or loan 

to, any Qualified Active Low-Income 

Community Business (QALICB); (B) the 

purchase from another CDE of any loan 

made by such entity which is a QLICI; 

(C) financial counseling and other 

services to businesses located in, and 

residents of, low-income communities; 

and (D) any equity investment in, or 

loan to, a CDE. 

Under IRC section 45D(c)(1), a CDE is 

any domestic corporation or partnership 

if: (A) The primary mission of the entity 

is to serve, or provide investment 

capital for, low-income communities or 

low-income persons; (B) the entity 

maintains accountability to residents of 

low-income communities through their 

representation on any governing board 

of the entity or on any advisory board 

to the entity; and (C) the entity is 

certified as a CDE by the Secretary. 

The term low-income community, as 

defined under IRC section 45D(e)(1), 

means any population census tract in 

which: (A) The poverty rate is at least 

20 percent; or (B)(i) in the case of a tract 

not located within a metropolitan area, 

the median family income for such tract 

does not exceed 80 percent of statewide 

median family income, or (ii) in the case 

of a tract located within a metropolitan 

area, the median family income for such 

tract does not exceed 80 percent of the 

greater of statewide median family 

income or the metropolitan area median 

family income. In addition, pursuant to 

the American Jobs Creation Act of 2004 

(Pub. L. 108–357), certain other census 

tracts and Targeted Populations may be 

treated as low-income communities. 

Section 102(b)(6) of the Tax Relief and 

Health Care Act of 2006 (Pub. L. 109–

432) (the 2006 Act) amended IRC 

section 45D(i)(6) to provide that the 

Secretary shall prescribe regulations to 

ensure that non-metropolitan counties 

receive a proportional allocation of 

QEIs. 

For purposes of the NMTC Program, 

the CDFI Fund defines metropolitan 

area and non-metropolitan area in 

accordance with OMB Bulletin No. 04–

03 (Update of Statistical Area 

Definitions and Additional Guidance on 

Their Uses) and based on 2000 Census 

data. 

The CDFI Fund is seeking comments 

from the public regarding how it should 

ensure that non-metropolitan counties 

receive a proportional allocation of 

QEIs. Commentators are encouraged to 

consider, at a minimum, the following 

issues: 

1. Allocations of QEIs. IRC section 

45D(i)(6) requires that the Secretary 

ensure that non-metropolitan areas 

receive a proportional allocation of 

QEIs. However, the CDFI Fund does not 

allocate QEIs to geographic areas, per se. 

Rather, the CDFI Fund allocates NMTCs 

to CDEs, the vast majority of which have 

service areas encompassing statewide, 

multi-state or national markets, and 

which include both metropolitan and 

non-metropolitan counties. Further, the 

location of an allocatee CDE’s 

headquarters is neither indicative of the 

geographic locations of its investors (the 

sources of its QEIs), nor of where it 

intends to make its QLICIs. An allocatee 

headquartered in a non-metropolitan 

area may make QLICIs in metropolitan 

areas, just as an allocatee headquartered 

in a metropolitan area may make QLICIs 

in non-metropolitan areas. Similarly, an 

allocatee’s investors may be located in 

metropolitan or non-metropolitan 

counties. Consequently, commentators 

are asked to consider several possible 

alternatives for ensuring that nonmetropolitan areas receive a 

proportional allocation of QEIs: 

(a) Location of investors. Should the 

CDFI Fund endeavor to ensure that a 

desired proportion of investors (those 

persons or entities making QEIs in 

CDEs) reside or be headquartered in 

non-metropolitan counties? 

(b) Location of allocatees. Should the 

CDFI Fund endeavor to ensure that 

either: (i) A desired proportion of NMTC 

allocatees (as a percentage of the total 

number of allocatees) in any given 

NMTC allocation round is 

headquartered in non-metropolitan 

counties; or (ii) a desired proportion of 

NMTC allocation authority (as a 

percentage of the total dollar amount of 

allocation authority) in any given NMTC 

allocation round is provided to CDEs 


jlentini on PROD1PC65 with NOTICES