Federal Register / Vol. 62, No. 226 / Monday, November 24, 1997 / Notices 62613

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 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.

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 December 9, 1997.

A. Federal Reserve Bank of San

Francisco (Pat Marshall, Manager of

Analytical Support, Consumer

Regulation Group) 101 Market Street,

San Francisco, California 94105-1579:

1. First Security Corporation, Salt

Lake City, Utah; to engage de novo

through its subsidiary, First Security

Capital Markets, Salt Lake City, Utah, in

underwriting and dealing in certain

bank-ineligible securities. See Citicorp,

et al., 73 Fed. Res. Bull. 473 (1987);

Chemical New York Corporation, et al.,

73 Fed. Res. Bull. 731 (1987); Bank

South Corporation, 81 Fed. Res. Bull.

1116; BOK Financial Corporation, 83

Fed. Res. Bull. 510 (1997). First Security

Corporation also plans to engage in the

following activities: (1) acting as agent

in the private placement of all types of

securities; (2) buying and selling all

types of securities on the order of

customers as riskless principal; (3)

providing full-service securities

brokerage and investment advisory

services in combination; (4) acting as

investment and financial adviser; (5)

making, acquiring, and servicing loans;

(6) leasing property, engaging as

principal in investing and trading

activities; and (7) engaging in futures,

forward, and option contracts for

hedging purposes; pursuant to §§

225.28(b)(1) - (3),(6),(7), and (8).

Board of Governors of the Federal Reserve

System, November 19, 1997.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 97–30837 Filed 11–21–97; 8:45 am]

BILLING CODE 6210–01–F

DEPARTMENT OF HEALTH AND

HUMAN SERVICES

Office of the Secretary

Office of the Assistant Secretary for

Planning and Evaluation; Delegation of

Authority

Notice is hereby given that I have

delegated to the Assistant Secretary for

Planning and Evaluation, with authority

to redelegate, all the authorities under

Sections 403(a)(5)(G), (H), and (I) of the

Social Security Act, as amended, 42

U.S.C. Section 603(a)(5)G), (H), and (I).

These delegations shall be exercised

under the Department’s existing

delegation of authority and policy on

regulations. In addition, I hereby affirm

and ratify any actions taken by you or

your subordinates that involved the

exercise of the authorities delegated

herein prior to the effective date of the

delegation. This delegation is effective

immediately.

Dated: November 12, 1997.

Donna E. Shalala,

Secretary.

[FR Doc. 97–30793 Filed 11–21–97; 8:45 am]

BILLING CODE 4150–04–M

DEPARTMENT OF HEALTH AND

HUMAN SERVICES

Office of the Secretary

Federal Financial Participation in State

Assistance Expenditures; Federal

Matching Shares for Temporary

Assistance to Needy Families,

Medicaid, Aid to Needy Aged, Blind, or

Disabled Persons and for the New

Children’s Health Insurance Programs

for October 1, 1998 Through

September 30, 1999

AGENCY: Office of the Secretary, HHS.

ACTION: Notice.

SUMMARY: The Federal Medical

Assistance Percentage and Enhanced

Federal Medical Assistance Percentages

for Fiscal Year 1999 have been

calculated pursuant to the Social

Security Act (the Act). These

percentages will be effective from

October 1, 1998 through September 30,

1999. This notice announces the

calculated ‘‘Federal Medical Assistance

Percentages’’ and ‘‘Enhanced Federal

Medical Assistance Percentages’’ that

we will use in determining the amount

of Federal matching in State medical

and medical insurance expenditures

and for the annual reconciliation of

contingency funds under Title IV–A.

The table gives figures for each of the 50

States, the District of Columbia, Puerto

Rico, the Virgin Islands, Guam,

American Samoa, and the Northern

Mariana Islands. Programs under title

XIX of the Act exist in each jurisdiction;

programs under titles I, X, and XIV

operate only in Guam and the Virgin

Islands; while a program under title XVI

(AABD) operates only in Puerto Rico.

Programs under title XXI are new,

beginning in 1998. The percentages in

this notice apply to State expenditures

for assistance payments, medical

services and medical insurance services

(except family planning which is subject

to a higher matching rate). The statute

provides separately for Federal

matching of administrative costs.

Sections 1905(b) and 2105(b) of the

Act, as revised by section 9528 of Pub.

L. 99–272, require the Secretary of

Health and Human Services to publish

these percentages each year. The

Secretary is to figure the percentages, by

formulas in sections 1905(b) and

2105(b) of the Act, from the Department

of Commerce’s statistics of average

income per person in each State and in

the Nation as a whole. The percentages

are within upper and lower limits given

in those two sections of the Act. The

statute specifies the percentages to be

applied to Puerto Rico, the Virgin

Islands, Guam, American Samoa, and

the Northern Mariana Islands.

The ‘‘Federal percentages,’’ for

residual payments under the old Aid to

Families with Dependent Children

(AFDC) program, will no longer be

published. Anyone who needs these

values may call the contact person

named below and receive them. If a

sufficient number of persons call, we

may publish them again beginning in

2000.

The ‘‘Federal medical assistance

percentages’’ are for Medicaid. States

may claim at the Federal medical

assistance percentage without regard to

any maximum on the dollar amounts

per recipient which may be counted

under paragraph (2) of sections 3(a),

1003(a), and 1403(a) of the Act. They

will also be used for the annual

reconciliation of any Contingency funds

received under the Temporary

Assistance for Needy Families program.