70644 Federal Register / Vol. 65, No. 228 / Monday, November 27, 2000 / Rules and Regulations

specific Harmonized Tariff Schedule

(HTS) numbers that are exempted to

avoid a double assessment of this U.S.

produced cotton. Recently, new HTS

numbers were established to identify

U.S. produced cotton fabrics and/or

yarns that are wholly formed and/or cut

in the U.S., exported and then imported

back into the U.S. in the form of apparel

products and/or luggage containing U.S.

produced cotton. These HTS numbers

need to be exempt to avoid a double

assessment of U.S. produced cotton.

Section 1205.510(b)(5) needs revision to

included ten newly identified HTS

numbers; 9819.11.30, 9819.11.60,

9820.11.03, 9820.11.06, 9820.11.09,

9820.11.12, 9820.11.18, 9820.11.21,

9802.00.8044, or 9802.00.8046 (see

Presidential Proclamation 7350 of

October 2, 2000 at 65 FR 59321,

published on October 4, 2000).

Pursuant to 5 U.S.C. 533, it is also

found and determined upon good cause

that it is impracticable, unnecessary,

and contrary to the public interest to

give preliminary notice prior to putting

this rule into effect and that good cause

exist for not postponing the effective

date of this rule until thirty-days after

publication in the Federal Register

because: (1) This rule needs to be

effective promptly in order to reflect

new HTS numbers that became

applicable in October of 2000; (2) this

rule will prevent importers of cotton

and cotton products from being double

assessed on U.S. produced cotton that is

exported and then returned to the U.S.

in the form of textile and apparel

products; and (3) this rule provided a

thirty-day comment period, and any

comments received will be considered

prior to finalization of this rule. For the

same reasons, a thirty-day comment

period is deemed appropriate.

List of Subjects in 7 CFR Part 1205

Advertising, Agricultural research,

Cotton, Marketing agreements,

Reporting and recordkeeping

requirements.

For reasons set forth in the preamble,

7 CFR part 1205 is proposed to be

amended as follows:

PART 1205—COTTON RESEARCH

AND PROMOTION

1. The authority citation for part 1205

continues to read as follows:

Authority: 7 U.S.C. 2101–2118.

2. In § 1205.510, paragraph (b)(5) is

revised to read as follows:

§ 1205.510 Levy of assessments.

* * * * *

(b) * * *

(5) Imported textile and apparel

articles assembled of components

formed from cotton produced in the

Unites States and identified by HTS

numbers 9819.11.03, 9819.11.06,

9820.11.03, 9820.11.06, 9820.11.09,

9820.11.12, 9820.11.18, 9820.11.21,

9802.00.8015, 9802.00.9000,

9802.00.8044, or 9802.00.8046 shall not

subject to assessment.

* * * * *

Dated: November 20, 2000.

Norma R. McDill,

Acting Deputy Administrator.

[FR Doc. 00–30139 Filed 11–24–00; 8:45 am]

BILLING CODE 3410–02–P

FEDERAL ELECTION COMMISSION

11 CFR Part 104

[Notice 2000–20]

Election Cycle Reporting by

Authorized Committees

AGENCY: Federal Election Commission.

ACTION: Final rule; announcement of

effective date.

SUMMARY: On July 11, 2000, the

Commission published the text of

revisions to the regulations requiring

authorized committees of federal

candidates to aggregate, itemize and

report all receipts and disbursements on

an election-cycle basis rather than on a

calendar-year-to-date basis. The

Commission announces that these rules

are effective as of January 1, 2001.

DATES: Effective January 1, 2001.

Applicability date: Reporting periods

beginning on or after January 1, 2001.

FOR FURTHER INFORMATION CONTACT: Ms.

Rosemary C. Smith, Assistant General

Counsel, or Ms. Cheryl A. Fowle,

Attorney, 999 E Street, NW.,

Washington, DC 20463, (202) 694–1650

or toll free (800) 424–9530.

SUPPLEMENTARY INFORMATION: The

Commission is announcing the effective

date of revisions to the regulations at 11

CFR 104.3, 104.7, 104.8 and 104.9

requiring authorized committees of

federal candidates to aggregate, itemize

and report all receipts and

disbursements on an election-cycle

basis. See Explanation and Justification

for Election Cycle Reporting by

Authorized Committees, 65 FR 42619

(July 11, 2000). These rules implement

a 1999 amendment to the Federal

Election Campaign Act at 2 U.S.C.

434(b). Pub. L. 106–58, 106th Cong. 1st

Sess., sec. 641, 113 Stat. 430, 477 (1999).

The statutory amendment and the

regulations apply only to the authorized

committees of federal candidates.

While the amendment required all

types of disbursements including

operating expenditures to be aggregated

and reported on an election-cycle basis,

it does not require that each itemizable

operating expenditure be reported on an

election-cycle basis. Thus, the

amendment could be interpreted to

mean that operating expenditures would

be reported on the summary pages on an

election-cycle basis and itemized on

Schedule B on a calendar-year basis.

However, the Commission’s final rules

construed the statutory amendment to

require all disbursements, including

operating expenditures, to be both

aggregated on the summary page and

itemized on Schedule B on an electioncycle basis. The Commission believes

this regulatory interpretation is

necessary because it would be extremely

burdensome, and possibly unworkable,

for authorized committees to itemize

these expenditures on a calendar year

basis and, at the same time, report total

amounts on an election-cycle-to-date

basis in the same report.

Section 438(d) of Title 2, United

States Code requires that any rules or

regulations prescribed by the

Commission to carry out the provisions

of Title 2 of the United States Code be

transmitted to the Speaker of the House

of Representatives and the President of

the Senate thirty legislative days prior to

final promulgation. These rules were

transmitted to Congress July 6, 2000.

Thirty legislative days expired in the

Senate on September 26, 2000, and the

House of Representatives on October 3,

2000.

The Commission also revised its

forms, specifically the Detailed

Summary Page and Schedule B for FEC

Forms 3 and 3P, to facilitate the

reporting of all expenditures by

authorized committees on an election

cycle basis. In accordance with 2 U.S.C.

438(d), these forms were transmitted to

Congress on September 15, 2000, and

ended their ten legislative day period on

September 29, 2000, in the House of

Representatives and on October 2, 2000,

in the Senate. The revised forms will

also be used for reporting periods

beginning on or after January 1, 2001.

Dated: November 21, 2000.

Danny L. McDonald,

Vice Chairman, Federal Election Commission.

[FR Doc. 00–30152 Filed 11–24–00; 8:45 am]

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