This section of the FEDERAL REGISTER

contains notices to the public of the proposed

issuance of rules and regulations. The

purpose of these notices is to give interested

persons an opportunity to participate in the

rule making prior to the adoption of the final

rules.

Proposed Rules Federal Register

47156

Vol. 62, No. 173

Monday, September 8, 1997

NORTHEAST DAIRY COMPACT

COMMISSION

7 CFR Chapter XIII

Compact Over-Order Price Regulation

AGENCY: Northeast Dairy Compact

Commission.

ACTION: Notice of Proposed Rulemaking.

SUMMARY: The Northeast Diary Compact

Commission proposes to extend and to

amend generally the current Compact

Over-order Price Regulation, 7 CFR

Chapter XIII, for the period January 1

through December 31, 1998. The current

price regulation is in effect through

December 31, 1997, applying to all Class

I, fluid milk route distributions in the

territorial region of the six New England

states. The price regulation establishes a

floor price of $16.94, which represents

the monthly Federal Milk Market Order

#1 Class I, Zone 1, price and the

resulting compact ‘‘over-order’’ amount.

The Commission submits the terms and

substance of the Final rule which

established the current price regulation

as its proposed rule for purposes of

public review and comment. (See 62 FR

29626, May 30, 1997.) A public hearing

to take testimony and receive

documentary evidence relevant to

extending and amending generally the

Compact Over-order Price Regulation

will be held.

DATES: Written comments and exhibits

may be submitted until 5:00 pm,

October 8, 1997. The hearing will be

held on September 24, 1997 at 10:00

a.m.

ADDRESSES: Send comments to:

Northeast Dairy Compact Commission,

43 State Street, P.O. Box 1058,

Montpelier, VT 05601. The hearing will

be held at the Bektash Shrine Club Hall,

189 Pembroke Road, Concord, New

Hampshire.

FOR FURTHER INFORMATION CONTACT:

Daniel Smith, Executive Director,

Northeast Dairy Compact Commission at

the above address or by telephone at

(802) 229–1941 or by facsimile at (802)

229–2028.

SUPPLEMENTARY INFORMATION:

I. Background

The Northeast Dairy Compact

Commission (the ‘‘Commission’’) was

established under authority of the

Northeast Interstate Diary Compact (the

‘‘Compact’’). The Compact was enacted

into law by each of the six participating

New England states as follows:

Connecticut—Pub. L. 93–320; Maine—

Pub. L. 89–437, as amended, Pub. L. 93–

247; Massachusetts—Pub. L. 93–370;

New Hampshire—Pub. L. 93–336;

Rhode Island—Pub. L. 93–106;

Vermont—Pub. L. 89–95, as amended

93–57. In accordance with Article I,

Section 10 of the United States

Constitution, Congress consented to the

Compact in Pub. L. 104–127 (FAIR Act),

Section 147, codified at 7 U.S.C. 7156.

Subsequently, the United States

Secretary of Agriculture, pursuant to 7

U.S.C. 7256(1), authorized the

implementation of the Compact.

Pursuant to its authority under Article

V, Section 11 of the Compact, the

Commission conducted an informal

rulemaking proceeding to decide

whether to adopt a Compact Over-order

Price Regulation. See 62 FR 23032 (Apr.

28, 1997) (proposed rule). The

Commission subsequently adopted a

Compact Over-order Price Regulation

effective July 1, 1997. See 62 FR 29696

(May 30, 1997). Pursuant to Section 12

and 13 of the Compact, the Commission

conducted a producer referendum,

which was approved. See 62 FR 29646

(May 30, 1997).

Pursuant to Article V, Section 11, the

Commission is proposing to extend and

amend generally the current Compact

Over-order Price Regulation for a one

year period beyond its current effective

date of December 31, 1997. The current

Compact Over-order Price Regulation is

codified at 7 CFR §§ 1300 through

1308.1 The Commission submits the

terms and substance of the final rule

which established the current price

regulation as its proposed rule for

purposes of public review and

comments. (See 62 FR 29626, May 30,

1997.)

II. Date, Time and Location of the

Public Hearing

The Northeast Dairy Compact

Commission will hold a public hearing

on:

Wednesday, September 24, 1997 at

10:00 am at the Bektash Shrine Club

Hall, 189 Pembroke Road, Concord,

New Hampshire.

III. Request for Written Comments

Pursuant to Article VI(D) of the

Commission’s Bylaws, any person may

participate in the rulemaking

proceeding independent of the hearing

process by submitting written comments

and exhibits to the Commission.

Comments and exhibits may be

submitted at any time until 5:00 pm,

October 8, 1997. Comments and exhibits

will be made part of the record of the

rulemaking proceeding if they identify

the author’s name, address and

occupation, and if they include a sworn

notarized statement indicating that the

comment and/or exhibit is presented

based upon the author’s personal

knowledge and belief. Facsimile copies

will be accepted up until the 5:00 pm,

October 8, 1997 deadline but the

original copies must then be sent by

ordinary mail.

Comments and exhibits should be

sent to: Northeast Dairy Compact

Commission, 43 State Street, P.O. Box

1058, Montpelier, VT 05601, (802) 229–

2028 (fax).

For more information, contact a New

England state department of agriculture

or the Compact Commission offices—

(802) 229–1941.

Dated September 2, 1997.

By authority of the Commission.

For the Commission.

Daniel Smith,

Executive Director.

[FR Doc. 97–23575 Filed 9–5–97; 8:45 am]

BILLING CODE 1650–01–P–M

DEPARTMENT OF THE TREASURY

31 CFR Part 103

RIN 1506–AA12

Financial Crimes Enforcement

Network; Proposed Amendments to

the Bank Secrecy Act Regulations—

Exemptions From the Requirement to

Report Transactions in Currency—

Phase II

AGENCY: Financial Crimes Enforcement

Network, Treasury.

ACTION: Notice of proposed rulemaking.

SUMMARY: The Financial Crimes

Enforcement Network (‘‘FinCEN’’) is (i)

proposing rules to further reform and