41482 Federal Register / Vol. 62, No. 148 / Friday, August 1, 1997 / Notices

FOR FURTHER INFORMATION CONTACT:

Douglas S. Smith, telephone, (202) 366–

4700, Office of Hazardous Materials

Enforcement, or Charles Hochman,

telephone (202) 366–4545, Office of

Hazardous Materials Technology,

Research and Special Programs

Administration, U.S. Department of

Transportation, 400 Seventh Street,

SW., Washington, DC 20590–0001.

SUPPLEMENTARY INFORMATION: During

compliance inspections in Southern

Louisiana, inspectors from the RSPA’s

Office of Hazardous Materials

Enforcement have observed portable

tanks marked and certified as meeting

DOT specifications IM 101 and IM 102

that had bottom outlets, but no internal

discharge valves or shear sections. Until

January 1, 1997, the Hazardous

Materials Regulations (HMR, 49 CFR

Parts 171–180) did not specifically

require internal discharge valves or

shear sections for IM 101 or IM 102

portable tanks with bottom outlets. See

RSPA’s final rule under Docket No.

HM–181H, 61 FR 50628 (September 26,

1996), amending 49 CFR 178.270–12(a)

effective January 1, 1997, and the

discussion in the preamble to the final

rule, 61 FR 50621, and the notice of

proposed rulemaking, 61 FR 33223

(June 26, 1996).

The HMR provide that a hazardous

material may not be loaded in an IM

portable tank with filling or discharge

connections located below the normal

liquid level of the tank unless:

(1) Each filling or discharge connection

located below the normal liquid level of the

tank has at least two serially-mounted

closures consisting of an internal discharge

valve and a bolted blank flange or other

suitable, liquid-tight closure on each filling

or discharge connection; or

(2) When this paragraph [173.32c(g)(2)] is

specified for a hazardous material through [a

special provision in] § 171.102(c)(7) of [the

HMR], each filling or discharge connection

located below the normal liquid level of the

tank, or compartment thereof, has three

serially-mounted closures consisting of an

internal discharge valve capable of being

closed from a location remote from the valve

itself, an external valve, and a bolted blank

flange or other suitable liquid-tight closure

on the outlet side of the external valve.

49 CFR 173.32c(g).

Accordingly, an IM 101 or IM 102

portable tank with a bottom outlet may

not be filled with any hazardous

material if it does not have an internal

discharge valve and shear section.

Because the primary purpose of

certifying any packaging to a DOT

specification or performance standard is

to authorize that packaging to be used

for transporting a hazardous material,

RSPA believes it is appropriate to fully

inform all owners and users of IM

portable tanks that certain of these tanks

exist that may not be filled with

hazardous materials.

Alan I. Roberts,

Associate Administrator for Hazardous

Materials Safety.

[FR Doc. 97–20223 Filed 7–31–97; 8:45 am]

BILLING CODE 4910–60–P

DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[Finance Docket No. 32759]

Genesee & Wyoming, Inc.—

Continuance in Control Exemption—

Portland & Western Railroad, Inc.

AGENCY: Surface Transportation Board,

DOT.

ACTION: Notice of exemption.

SUMMARY: Genesee & Wyoming, Inc.,

formerly Genesee & Wyoming

Industries, Inc., is exempted, under 49

U.S.C. 10505 (now 49 U.S.C. 10502),

from the prior approval requirements of

49 U.S.C. 11343–45 (now 49 U.S.C.

11323–25) to control Portland &

Western Railroad, Inc., a Class III rail

carrier.

DATES: This exemption will be effective

on August 31, 1997. Petitions to stay

must be filed by August 11, 1997.

Petitions to reopen must be filed by

August 21, 1997.

ADDRESSES: Send pleadings referring to

Finance Docket No. 32759 to: (1)

Surface Transportation Board, Office of

the Secretary, Case Control Unit, 1925 K

Street, NW., Washington, DC 20423–

0001; and (2) Eric M. Hocky, Gollatz,

Griffin & Ewing, P.C., 213 West Miner

Street, P.O. Box 796, West Chester, PA

19381–0796.

FOR FURTHER INFORMATION CONTACT:

Beryl Gordon, (202) 565–1600. (TDD for

the hearing impaired: (202) 565–1695.)

SUPPLEMENTARY INFORMATION:

Additional information is contained in

the Board’s decision. To purchase a

copy of the full decision, write to, call,

or pick up in person from: DC News &

Data, Inc., 1925 K Street, NW., Suite

210, Washington, DC 20006. Telephone:

(202) 289–4357. (Assistance for the

hearing impaired is available through

TDD services (202) 565–1695.)

Decided: July 22, 1997.

By the Board, Chairman Morgan and Vice

Chairman Owen.

Vernon A. Williams,

Secretary.

[FR Doc. 97–20229 Filed 7–31–97; 8:45 am]

BILLING CODE 4915–00–P

DEPARTMENT OF THE TREASURY

Customs Service

Quarterly IRS Interest Rates Used in

Calculating Interest on Overdue

Accounts and Refunds on Customs

Duties

AGENCY: Customs Service, Treasury.

ACTION: General notice.

SUMMARY: This notice advises the public

of the quarterly Internal Revenue

Service interest rates used to calculate

interest on overdue accounts and

refunds of Customs duties. For the

quarter beginning July 1, 1997, the rates

will be 8 percent for overpayments and

9 percent for underpayments. This

notice is published for the convenience

of the importing public and Customs

personnel.

EFFECTIVE DATE: July 1, 1997.

FOR FURTHER INFORMATION CONTACT:

Ronald Wyman, Accounting Services

Division, Accounts Receivable Group,

6026 Lakeside Boulevard, Indianapolis,

Indiana 46278, (317) 298–1200,

extension 1349.

SUPPLEMENTARY INFORMATION:

Background

Pursuant to 19 U.S.C. 1505 and

Treasury Decision 85–93, published in

the Federal Register on May 29, 1985

(50 FR 21832), the interest rate paid on

applicable overpayments or

underpayments of Customs duties shall

be in accordance with the Internal

Revenue Code rate established under 26

U.S.C. 6621 and 6622. Interest rates are

determined based on the short-term

Federal rate. The interest rate that

Treasury pays on overpayments will be

the short-term Federal rate plus two

percentage points. The interest rate paid

to the Treasury for underpayments will

be the short-term Federal rate plus three

percentage points. The rates will be

rounded to the nearest full percentage.

The interest rates are determined by

the Internal Revenue Service on behalf

of the Secretary of the Treasury based

on the average market yield on

outstanding marketable obligations of

the U.S. with remaining periods to

maturity of 3 years or less, and fluctuate

quarterly. The rates effective for a

quarter are determined during the firstmonth period of the previous quarter.

The rates of interest for the fourth

quarter of fiscal year (FY) 1997 (the

period of July 1—September 30, 1997)

will be 8 percent for overpayments and

9 percent for underpayments. These

rates will remain in effect through

September 30, 1997, and are subject to

change for the first quarter of FY–1998