5676 Federal Register / Vol. 81, No. 22 / Wednesday, February 3, 2016 / Proposed Rules 

an Impact SBIC and, beginning on the 

first fiscal quarter end when your 

cumulative total Financings (in dollars) 

are at least equal to your Regulatory 

Capital, you have not made at least 50 

percent of such Financings to Small 

Businesses that at the time of your 

initial Financing were Impact 

Investments. 

(14) Failure by an Impact SBIC to 

meet assessment requirements. You are 

an Impact SBIC making Fund-Identified 

Impact Investments and you fail to 

obtain an independent, third-party 

assessment within two years of your 

licensing date and, again, between five 

and seven years from your licensing 

date, pursuant to the requirements 

under § 107.665. 

* * * * * 

■ 12. Add § 107.1940 to read as follows: 

§ 107.1940 Impact SBIC licensee 

noncompliance with regulations. 

(a) For any occurrence (as determined 

by SBA) of one or more of the events in 

this paragraph (a), SBA may avail itself 

of one or more of the remedies in 

paragraph (b) of this section. 

(1) Failure by an Impact SBIC to meet 

investment requirements. You are an 

Impact SBIC and, beginning on the first 

fiscal quarter end when your cumulative 

total Financings (in dollars) are at least 

equal to your Regulatory Capital, you 

have not made at least 50 percent of 

such Financings to Small Businesses 

that at the time of your initial Financing 

were Impact Investments. 

(2) Failure by an Impact SBIC to meet 

assessment requirements. You are an 

Impact SBIC making Fund-Identified 

Impact Investments and you fail to 

obtain an independent, third-party 

assessment within two years of your 

licensing date and, again, between five 

and seven years from your licensing 

date, pursuant to the requirements 

under § 107.665. 

(b) SBA may exercise any or all of the 

following rights: 

(1) Convert your Impact SBIC license 

to a standard SBIC license (including, in 

SBA’s discretion, requiring you to 

promptly notify your investors of the 

conversion); and 

(2) Require you to refund to SBA up 

to the full dollar amount of any 

licensing or examination fee discounts 

you have received prior to the date of 

your written notice. 

(c) SBA may invoke the remedies in 

paragraph (b) of this section only if: 

(1) It has given you at least 15 days 

to cure the noncompliance; 

(2) You fail to cure the 

noncompliance to SBA’s satisfaction 

within the allotted time. 

Dated: October 7, 2015. 

Maria Contreras-Sweet, 

Administrator. 

Editorial Note: This document was 

received for publication by the Office of the 

Federal Register on January 29, 2016. 

[FR Doc. 2016–01986 Filed 2–2–16; 8:45 am] 

BILLING CODE 8025–01–P 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

14 CFR Part 71 

[Docket No. FAA–2015–8060; Airspace 

Docket No. 15–ASW–4] 

Proposed Establishment of Class E 

Airspace; Moriarty, NM 

AGENCY: Federal Aviation 

Administration (FAA), DOT. 

ACTION: Notice of proposed rulemaking 

(NPRM). 

SUMMARY: This action proposes to 

establish Class E airspace at Moriarty, 

NM. Controlled airspace is necessary to 

accommodate new Standard Instrument 

Approach Procedures developed at 

Moriarty Airport, for the safety and 

management of Instrument Flight Rules 

(IFR) operations at the airport. 

DATES: Comments must be received on 

or before March 21, 2016. 

ADDRESSES: Send comments on this 

proposal to the U.S. Department of 

Transportation, Docket Operations, M– 

30, West Building Ground Floor, Room 

W12–140, 1200 New Jersey Avenue SE., 

Washington, DC 20590; telephone (202) 

366–9826. You must identify FAA 

Docket No. FAA–2015–8060; Docket 

No.15–ASW–4, at the beginning of your 

comments. You may also submit 

comments through the Internet at 

http://www.regulations.gov. You may 

review the public docket containing the 

proposal, any comments received, and 

any final disposition in person in the 

Dockets Office between 9:00 a.m. and 

5:00 p.m., Monday through Friday, 

except Federal holidays. The Docket 

Office (telephone 1–800–647–5527), is 

on the ground floor of the building at 

the above address. 

FAA Order 7400.9Z, Airspace 

Designations and Reporting Points, and 

subsequent amendments can be viewed 

online at http://www.faa.gov/air_traffic/ 

publications/. For further information, 

you can contact the Airspace Policy 

Group, Federal Aviation 

Administration, 800 Independence 

Avenue SW., Washington, DC 29591; 

telephone: 202–267–8783. The Order is 

also available for inspection at the 

National Archives and Records 

Administration (NARA). For 

information on the availability of FAA 

order 7400.9Z at NARA, call 202–741– 

6030, or go to http://www.archives.gov/ 

federal_register/code_of_federalregulations/ibr_locations.html. 

FAA Order 7400.9, Airspace 

Designations and Reporting Points, is 

published yearly and effective on 

September 15. 

FOR FURTHER INFORMATION CONTACT: Raul 

Garza Jr., Central Service Center, 

Operations Support Group, Federal 

Aviation Administration, Southwest 

Region, 10101 Hillwood Parkway, Fort 

Worth, TX 76177; telephone: 817–222– 

5874. 

SUPPLEMENTARY INFORMATION: 

Authority for This Rulemaking 

The FAA’s authority to issue rules 

regarding aviation safety is found in 

Title 49 of the United States Code. 

Subtitle I, Section 106 describes the 

authority of the FAA Administrator. 

Subtitle VII, Aviation Programs, 

describes in more detail the scope of the 

agency’s authority. This rulemaking is 

promulgated under the authority 

described in Subtitle VII, Part A, 

Subpart I, Section 40103. Under that 

section, the FAA is charged with 

prescribing regulations to assign the use 

of airspace necessary to ensure the 

safety of aircraft and the efficient use of 

airspace. This regulation is within the 

scope of that authority as it would 

establish Class E airspace at Moriarty 

Airport, Moriarty, NM. 

Comments Invited 

Interested parties are invited to 

participate in this proposed rulemaking 

by submitting such written data, views, 

or arguments, as they may desire. 

Comments that provide the factual basis 

supporting the views and suggestions 

presented are particularly helpful in 

developing reasoned regulatory 

decisions on the proposal. Comments 

are specifically invited on the overall 

regulatory, aeronautical, economic, 

environmental, and energy-related 

aspects of the proposal. 

Communications should identify both 

docket numbers and be submitted in 

triplicate to the address listed above. 

Commenters wishing the FAA to 

acknowledge receipt of their comments 

on this notice must submit with those 

comments a self-addressed, stamped 

postcard on which the following 

statement is made: ‘‘Comments to 

Docket No. FAA–2015–8060/Airspace 

Docket No. 15–ASW–4.’’ The postcard 

will be date/time stamped and returned 

to the commenter. 

mstockstill on DSK4VPTVN1PROD with PROPOSALS

Federal Register / Vol. 81, No. 22 / Wednesday, February 3, 2016 / Proposed Rules 5677 

Availability of NPRMs 

An electronic copy of this document 

may be downloaded through the 

Internet at http://www.regulations.gov. 

Recently published rulemaking 

documents can also be accessed through 

the FAA’s Web page at http://www.faa.

gov/airports_airtraffic/air_traffic/

publications/airspace_amendments/. 

You may review the public docket 

containing the proposal, any comments 

received and any final disposition in 

person in the Dockets Office (see 

ADDRESSES section for address and 

phone number) between 9:00 a.m. and 

5:00 p.m., Monday through Friday, 

except Federal holidays. An informal 

docket may also be examined during 

normal business hours at the Central 

Service Center, Operation Support 

Group, 10101 Hillwood Parkway, Fort 

Worth, TX 76177. 

Persons interested in being placed on 

a mailing list for future NPRMs should 

contact the FAA’s Office of Rulemaking 

(202) 267–9677, to request a copy of 

Advisory Circular No. 11–2A, Notice of 

Proposed Rulemaking Distribution 

System, which describes the application 

procedure. 

Availability and Summary of 

Documents Proposed for Incorporation 

by Reference 

This document would amend FAA 

Order 7400.9Z, Airspace Designations 

and Reporting Points, dated August 6, 

2015, and effective September 15, 2015. 

FAA Order 7400.9Z is publicly available 

as listed in the ADDRESSES section of this 

document. FAA Order 7400.9Z lists 

Class A, B, C, D, and E airspace areas, 

air traffic service routes, and reporting 

points. 

The Proposal 

The FAA is proposing an amendment 

to Title 14, Code of Federal Regulations 

(14 CFR) Part 71 by establishing Class E 

airspace extending upward from 700 

feet above the surface within an 7.5-mile 

radius of Moriarty Airport, Moriarty, 

NM, to accommodate new standard 

instrument approach procedures. 

Controlled airspace is needed for the 

safety and management of IFR 

operations at the airport. 

Class E airspace designations are 

published in Section 6005 of FAA Order 

7400.9Z, dated August 6, 2015, and 

effective September 15, 2015, which is 

incorporated by reference in 14 CFR 

71.1. The Class E airspace designation 

listed in this document will be 

published subsequently in the Order. 

Regulatory Notices and Analyses 

The FAA has determined that this 

regulation only involves an established 

body of technical regulations for which 

frequent and routine amendments are 

necessary to keep them operationally 

current, is non-controversial and 

unlikely to result in adverse or negative 

comments. It, therefore: (1) Is not a 

‘‘significant regulatory action’’ under 

Executive Order 12866; (2) is not a 

‘‘significant rule’’ under DOT 

Regulatory Policies and Procedures (44 

FR 11034; February 26, 1979); and (3) 

does not warrant preparation of a 

regulatory evaluation as the anticipated 

impact is so minimal. Since this is a 

routine matter that will only affect air 

traffic procedures and air navigation, it 

is certified that this rule, when 

promulgated, would not have a 

significant economic impact on a 

substantial number of small entities 

under the criteria of the Regulatory 

Flexibility Act. 

Environmental Review 

This proposal will be subject to an 

environmental analysis in accordance 

with FAA Order 1050.1F, 

‘‘Environmental Impacts: Policies and 

Procedures’’ prior to any FAA final 

regulatory action. 

List of Subjects in 14 CFR Part 71 

Airspace, Incorporation by reference, 

Navigation (air) 

The Proposed Amendment 

In consideration of the foregoing, the 

Federal Aviation Administration 

proposes to amend 14 CFR part 71 as 

follows: 

PART 71—DESIGNATION OF CLASS A, 

B, C, D, AND E AIRSPACE AREAS; AIR 

TRAFFIC SERVICE ROUTES; AND 

REPORTING POINTS 

■ 1. The authority citation for 14 CFR 

part 71 continues to read as follows: 

Authority: 49 U.S.C. 106(f), 106(g), 40103, 

40113, 40120; E.O. 10854, 24 FR 9565, 3 CFR, 

1959–1963 Comp., p. 389. 

§ 71.1 [Amended] 

■ 2. The incorporation by reference in 

14 CFR 71.1 of FAA Order 7400.9Z, 

Airspace Designations and Reporting 

Points, dated August 6, 2015, and 

effective September 15, 2015, is 

amended as follows: 

Section 6005 Class E Airspace Areas 

Extending Upward From 700 Feet or More 

Above the Surface of the Earth. 

* * * * * 

ASW NM E5 Moriarty, NM [New] 

Moriarty Airport, NM 

(Lat. 34°58′41′′ N., long. 106°00′00′′ W.) 

That airspace extending upward from 700 

feet above the surface within a 7.5-mile 

radius of Moriarty Airport. 

Issued in Fort Worth, TX, on January 20, 

2015. 

Christopher L. Southerland, 

Manager, Operations Support Group, ATO 

Central Service Center. 

[FR Doc. 2016–01877 Filed 2–2–16; 8:45 am] 

BILLING CODE 4910–13–P 

DEPARTMENT OF HOUSING AND 

URBAN DEVELOPMENT 

24 CFR Part 960 

[Docket No. FR–5904–A–01] 

Strengthening Oversight of OverIncome Tenancy in Public Housing; 

Advance Notice of Proposed 

Rulemaking 

AGENCY: Office of the Assistant 

Secretary for Public and Indian 

Housing, HUD. 

ACTION: Advanced notice of proposed 

rulemaking (ANPR). 

SUMMARY: Through this notice, HUD 

announces that it is considering 

rulemaking to ensure that individuals 

and families residing in HUD public 

housing in fact continue to need 

housing assistance from HUD after 

admission. HUD’s consideration of 

rulemaking is prompted by a report 

recently issued by HUD’s Office of 

Inspector General (OIG). The report 

found, through comparison of annual 

household income reported in HUD’s 

Public and Housing Information Center 

for approximately 1.1 million families to 

the applicable 2014 admission income 

limit, that as many as 25,226 families 

were subsequently over-income. Some 

of those families significantly exceeded 

the income limits. HUD seeks comment 

from PHAs and other interested parties 

and members of the public on the 

questions presented in this notice, 

including how HUD can structure 

policies to reduce the number of 

individuals and families in public 

housing whose incomes significantly 

exceed the income limit and have 

significantly exceeded the income limit 

for a sustained period of time after 

initial admission. 

DATES: Comments Due Date: March 4, 

2016. 

ADDRESSES: Interested persons are 

invited to submit comments to the 

Office of the General Counsel, 

Regulations Division, Department of 

Housing and Urban Development, 451 

7th Street SW., Room 10276, 

Washington, DC 20410–0500. 

mstockstill on DSK4VPTVN1PROD with PROPOSALS