Federal Register / Vol. 83, No. 150 / Friday, August 3, 2018 / Proposed Rules 38085 

document will also provide penalty 

amounts that generally may be assessed 

for institutions with less than 

$25,000,000 in assets. 

(iii) Lengthy or repeated violations. 

The amounts set forth in this paragraph 

(e)(1) will be assessed on a case-by-case 

basis where the amount of time of the 

institution’s delinquency is lengthy or 

the institution has been delinquent 

repeatedly in making or publishing its 

Call Reports. 

(iv) Waiver. Absent extraordinary 

circumstances outside the control of the 

institution, penalties assessed for late 

filing shall not be waived. 

(2) Late-filing—Tier Two penalties. 

Where an institution fails to make or 

publish its Call Report within the 

appropriate time period, the Board of 

Directors or its designee may assess a 

Tier Two civil money penalty for each 

day the failure continues. The amount 

of such a penalty will not exceed the 

maximum amount calculated and 

published annually in the Federal 

Register under paragraph (d)(2) of this 

section. 

(3) False or misleading reports or 

information—(i) Tier One penalties. In 

cases in which an institution submits or 

publishes any false or misleading Call 

Report or information, the Board of 

Directors or its designee may assess a 

Tier One civil money penalty for each 

day the information is not corrected, 

where the institution maintains 

procedures in place reasonably adapted 

to avoid inadvertent error and the 

violation occurred unintentionally and 

as a result of such error, or where the 

institution inadvertently transmits a 

Call Report or information that is false 

or misleading. The amount of such a 

penalty will not exceed the maximum 

amount calculated and published 

annually in the Federal Register under 

paragraph (d)(2) of this section. 

(ii) Tier Two penalties. Where an 

institution submits or publishes any 

false or misleading Call Report or other 

information, the Board of Directors or its 

designee may assess a Tier Two civil 

money penalty for each day the 

information is not corrected. The 

amount of such a penalty will not 

exceed the maximum amount calculated 

and published annually in the Federal 

Register under paragraph (d)(2) of this 

section. 

(iii) Tier Three penalties. Where an 

institution knowingly or with reckless 

disregard for the accuracy of any Call 

Report or information submits or 

publishes any false or misleading Call 

Report or other information, the Board 

of Directors or its designee may assess 

a Tier Three civil money penalty for 

each day the information is not 

corrected. The penalty shall not exceed 

the lesser of 1 percent of the 

institution’s total assets per day or the 

amount calculated and published 

annually in the Federal Register under 

paragraph (d)(2) of this section. 

(4) Mitigating factors. The amounts set 

forth in paragraphs (e)(1) through (3) of 

this section may be reduced based upon 

the factors set forth in paragraph (b) of 

this section. 

■ 4. Amend § 308.502 by revising 

paragraphs (a)(6) and (b)(4) to read as 

follows: 

§ 308.502 Basis for civil penalties and 

assessments. 

(a) * * * 

(6) The amount of any penalty 

assessed under paragraph (a)(1) of this 

section will be adjusted for inflation in 

accordance with section 308.132(d) of 

this part. 

* * * * * 

(b) * * * 

(4) The amount of any penalty 

assessed under paragraph (a)(1) of this 

section will be adjusted for inflation in 

accordance with section 308.132(d) of 

this part. 

* * * * * 

■ 5. Amend § 308.530 by revising 

paragraph (d) to read as follows: 

§ 308.530 Determining the amount of 

penalties and assessments. 

* * * * * 

(d) Civil money penalties that are 

assessed under this subpart are subject 

to annual adjustments to account for 

inflation as required by the Federal Civil 

Penalties Inflation Adjustment Act 

Improvements Act of 2015 (Pub. L. 114– 

74, sec. 701, 129 Stat. 584) (see also 12 

CFR 308.132(d)). 

PART 327—ASSESSMENTS 

■ 6. The authority citation for part 327 

continues to read as follows: 

Authority: 12 U.S.C. 1441, 1813, 1815, 

1817–19, 1821. 

* * * * * 

■ 7. Amend § 327.3 by revising 

paragraph (c) to read as follows: 

§ 327.3 Payment of assessments. 

* * * * * 

(c) Necessary action, sufficient 

funding by institution. Each insured 

depository institution shall take all 

actions necessary to allow the 

Corporation to debit assessments from 

the insured depository institution’s 

designated deposit account. Each 

insured depository institution shall, 

prior to each payment date indicated in 

paragraph (b)(2) of this section, ensure 

that funds in an amount at least equal 

to the amount on the quarterly certified 

statement invoice are available in the 

designated account for direct debit by 

the Corporation. Failure to take any 

such action or to provide such funding 

of the account shall be deemed to 

constitute nonpayment of the 

assessment. Penalties for failure to 

timely pay assessments will be 

calculated and published in accordance 

with 12 CFR 308.132(d). 

* * * * * 

Dated at Washington, DC, on July 19, 2018. 

By order of the Board of Directors. 

Federal Deposit Insurance Corporation. 

Valerie Best, 

Assistant Executive Secretary. 

[FR Doc. 2018–16548 Filed 8–2–18; 8:45 am] 

BILLING CODE 6714–01–P 

FEDERAL HOUSING FINANCE 

AGENCY 

12 CFR Parts 1206 and 1240 

DEPARTMENT OF HOUSING AND 

URBAN DEVELOPMENT 

Office of Federal Housing Enterprise 

Oversight 

12 CFR Part 1750 

RIN 2590–AA95 

Enterprise Capital Requirements 

AGENCY: Federal Housing Finance 

Agency; Office of Federal Housing 

Enterprise Oversight; Department of 

Housing and Urban Development. 

ACTION: Notice of proposed rulemaking; 

extension of comment period. 

SUMMARY: On July 17, 2018, the Federal 

Housing Finance Agency (FHFA) 

published in the Federal Register a 

notice of proposed rulemaking for 

public comment that proposes a new 

regulatory capital framework for the 

Federal National Mortgage Association 

(Fannie Mae) and the Federal Home 

Loan Mortgage Corporation (Freddie 

Mac). The comment period was set to 

expire on September 17, 2018. This 

notice extends the comment period by 

an additional 60 days to allow the 

public additional time to comment on 

the proposed rule. 

DATES: The comment period for the 

proposed rule published at 83 FR 33312 

(July 17, 2018) is extended. Written 

comments must be received on or before 

November 16, 2018. 

ADDRESSES: You may submit your 

comments on the proposed rule, 

identified by regulatory information 


amozie on DSK3GDR082PROD with PROPOSALS1
38086 Federal Register / Vol. 83, No. 150 / Friday, August 3, 2018 / Proposed Rules 

number (RIN) 2590–AA95, by any one 

of the following methods: 

• Agency website: www.fhfa.gov/ 

open-for-comment-or-input. 

• Federal eRulemaking Portal: http:// 

www.regulations.gov. Follow the 

instructions for submitting comments. If 

you submit your comment to the 

Federal eRulemaking Portal, please also 

send it by email to FHFA at 

RegComments@fhfa.gov to ensure 

timely receipt by FHFA. Include the 

following information in the subject line 

of your submission: Comments/RIN 

2590–AA95. 

• Hand Delivered/Courier: The hand 

delivery address is: Alfred M. Pollard, 

General Counsel, Attention: Comments/ 

RIN 2590–AA95, Federal Housing 

Finance Agency, Eighth Floor, 400 

Seventh Street SW, Washington, DC 

20219. Deliver the package at the 

Seventh Street entrance Guard Desk, 

First Floor, on business days between 9 

a.m. and 5 p.m. 

• U.S. Mail, United Parcel Service, 

Federal Express, or Other Mail Service: 

The mailing address for comments is: 

Alfred M. Pollard, General Counsel, 

Attention: Comments/RIN 2590–AA95, 

Federal Housing Finance Agency, 

Eighth Floor, 400 Seventh Street SW, 

Washington, DC 20219. Please note that 

all mail sent to FHFA via U.S. Mail is 

routed through a national irradiation 

facility, a process that may delay 

delivery by approximately two weeks. 

For any time-sensitive correspondence, 

please plan accordingly. 

FOR FURTHER INFORMATION CONTACT: Naa 

Awaa Tagoe, Senior Associate Director, 

Office of Financial Analysis, Modeling 

& Simulations, (202) 649–3140, 

NaaAwaa.Tagoe@fhfa.gov; Andrew 

Varrieur, Associate Director, Office of 

Financial Analysis, Modeling & 

Simulations, (202) 649–3141, 

Andrew.Varrieur@fhfa.gov; or Miriam 

Smolen, Associate General Counsel, 

Office of General Counsel, (202) 649– 

3182, Miriam.Smolen@fhfa.gov. These 

are not toll-free numbers. The mailing 

address is: Federal Housing Finance 

Agency, 400 Seventh Street SW, 

Washington, DC 20219. The telephone 

number for the Telecommunications 

Device for the Hearing Impaired is (800) 

877–8339. 

SUPPLEMENTARY INFORMATION: 

Comments 

FHFA invites comments on all aspects 

of the proposed rule and will take all 

comments into consideration before 

issuing a final rule. Copies of all 

comments will be posted without 

change, and will include any personal 

information you provide such as your 

name, address, email address, and 

telephone number, on the FHFA website 

at http://www.fhfa.gov. In addition, 

copies of all comments received will be 

available for examination by the public 

through the electronic rulemaking 

docket for this proposed rule also 

located on the FHFA website. 

Background 

On July 17, 2018, FHFA published in 

the Federal Register a proposed rule 

proposing a new regulatory capital 

framework for Fannie Mae and Freddie 

Mac which includes a new framework 

for risk-based capital requirements and 

two alternatives for an updated 

minimum leverage capital requirement. 

See 83 FR 33312. The comment period 

for the proposed rule was originally set 

to expire on September 17, 2018. FHFA 

is extending the comment period an 

additional 60 days, changing the 

deadline for submitting comments to 

November 16, 2018. 

Dated: July 30, 2018. 

Melvin L. Watt, 

Director, Federal Housing Finance Agency. 

[FR Doc. 2018–16654 Filed 8–2–18; 8:45 am] 

BILLING CODE 8070–01–P 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

14 CFR Part 39 

[Docket No. FAA–2018–0633; Product 

Identifier 2018–NE–22–AD] 

RIN 2120–AA64 

Airworthiness Directives; General 

Electric Company Turbofan Engines 

AGENCY: Federal Aviation 

Administration (FAA), DOT. 

ACTION: Notice of proposed rulemaking 

(NPRM). 

SUMMARY: We propose to adopt a new 

airworthiness directive (AD) for certain 

General Electric Company (GE) GEnx– 

2B67, –2B67B, and –2B67/P turbofan 

engines. This proposed AD was 

prompted by low-cycle fatigue (LCF) 

cracking of the fuel manifold leading to 

an engine fire. This proposed AD would 

require removal from service of certain 

fuel manifolds at the next engine shop 

visit and their replacement with parts 

eligible for installation. We are 

proposing this AD to address the unsafe 

condition on these products. 

DATES: We must receive comments on 

this proposed AD by September 17, 

2018. 

ADDRESSES: You may send comments, 

using the procedures found in 14 CFR 

11.43 and 11.45, by any of the following 

methods: 

• Federal eRulemaking Portal: Go to 

http://www.regulations.gov. Follow the 

instructions for submitting comments. 

• Fax: 202–493–2251. 

• Mail: U.S. Department of 

Transportation, Docket Operations, M– 

30, West Building Ground Floor, Room 

W12–140, 1200 New Jersey Avenue SE, 

Washington, DC 20590. 

• Hand Delivery: Deliver to Mail 

address above between 9 a.m. and 5 

p.m., Monday through Friday, except 

Federal holidays. 

For service information identified in 

this NPRM, contact General Electric 

Company, GE Aviation, Room 285, 1 

Neumann Way, Cincinnati, OH 45215; 

phone: 513–552–3272; email: geae.aoc@

ge.com. You may view this service 

information at the FAA, Engine and 

Propeller Standards Branch, 1200 

District Avenue, Burlington, MA 01803. 

For information on the availability of 

this material at the FAA, call 781–238– 

7759. 

Examining the AD Docket 

You may examine the AD docket on 

the internet at http://

www.regulations.gov by searching for 

and locating Docket No. FAA–2018– 

0633; or in person at Docket Operations 

between 9 a.m. and 5 p.m., Monday 

through Friday, except Federal holidays. 

The AD docket contains this NPRM, the 

regulatory evaluation, any comments 

received, and other information. The 

street address for Docket Operations 

(phone: 800–647–5527) is listed above. 

Comments will be available in the AD 

docket shortly after receipt. 

FOR FURTHER INFORMATION CONTACT: 

Herman Mak, Aerospace Engineer, ECO 

Branch, FAA, 1200 District Ave., 

Burlington, MA 01803; phone: 781– 

238–7147; fax: 781–238–7199; email: 

herman.mak@faa.gov. 

SUPPLEMENTARY INFORMATION: 

Comments Invited 

We invite you to send any written 

relevant data, views, or arguments about 

this proposal. Send your comments to 

an address listed under the ADDRESSES

section. Include ‘‘Docket No. FAA– 

2018–0633; Product Identifier 2018– 

NE–22–AD’’ at the beginning of your 

comments. We specifically invite 

comments on the overall regulatory, 

economic, environmental, and energy 

aspects of this NPRM. We will consider 

all comments received by the closing 

date and may amend this NPRM 

because of those comments. 

We will post all comments we 

receive, without change, to http:// 


amozie on DSK3GDR082PROD with PROPOSALS1