Federal Register / Vol. 80, No. 73 / Thursday, April 16, 2015 / Rules and Regulations 20413 

removing the phrase ‘‘(Insurance 

Guarantees, Coverage Levels, and Prices 

for Determining Indemnities)’’; 

■ ii. In paragraph (b)(4) introductory 

text by removing the word ‘‘anytime’’ 

and adding in its place the phrase ‘‘any 

time’’; and 

■ iii. By revising paragraph (d); 

■ e. In section 4 by removing the phrase 

‘‘(Contract Changes)’’; 

■ f. In section 5 by removing the phrase 

‘‘(Life of Policy, Cancellation, and 

Termination)’’; 

■ g. In section 6: 

■ i. By removing the phrase ‘‘(Insured 

Crop)’’ in the introductory text; and 

■ ii. By revising paragraph (d); 

■ h. In section 7: 

■ i. By removing the phrase ‘‘(Insurable 

Acreage)’’; and 

■ ii. By removing the comma after the 

phrase ‘‘Basic Provisions (§ 457.8)’’; 

■ i. In section 8: 

■ i. By removing the phrase ‘‘(Insurance 

Period)’’ in paragraphs (a) introductory 

text and (b) introductory text; and 

■ ii. By revising paragraph (a)(2); 

■ j. In section 9 by removing the phrase 

‘‘(Causes of Loss)’’ in paragraphs (a) 

introductory text and (b) introductory 

text; 

■ k. In section 10 introductory text by 

removing the phrase ‘‘(Duties in the 

Event of Damage or Loss)’’; 

■ l. In section 11: 

■ i. In paragraph (b)(4) by removing the 

phrase ‘‘if applicable, (see section 

11(c))’’ and adding in its place the 

phrase ‘‘if applicable (see section 

11(c)),’’; 

■ ii. By adding a settlement of claim 

example after paragraph (b)(7); and 

■ iii. In paragraph (c) by removing the 

phrase ‘‘(wet, in-shell pounds)’’ and 

adding in its place the phrase ‘‘(wet inshell pounds)’’. 

The revisions and additions read as 

follows: 

§ 457.131 Macadamia nut crop insurance 

provisions. 

* * * * * 

1. Definitions 

* * * * * 

Floaters. Inedible, husked ‘‘field run’’ 

nuts identified by water flotation or 

laboratory testing. 

* * * * * 

Peewees. Mature and immature wet 

in-shell nuts that are smaller than 16 

mm (5/8 inch) in diameter. 

* * * * * 

Wet in-shell. The weight of the 

macadamia nuts as they are removed 

from the orchard with the nut meats in 

the shells after removal of the husk and 

excluding floaters and peewees but 

prior to being dried. 

2. Unit Division 

Provisions in the Basic Provisions that 

allow optional units by section, section 

equivalent, or FSA farm serial number 

and by irrigated and non-irrigated 

practices are not applicable. Optional 

units may be established only if each 

optional unit is located on noncontiguous land or grown and insured 

under an organic farming practice, 

unless otherwise allowed by written 

agreement. 

3. Insurance Guarantees, Coverage 

Levels, and Prices for Determining 

Indemnities 

* * * * * 

(d) Instead of reporting your 

macadamia nut production for the 

previous crop year, as required by 

section 3 of the Basic Provisions, there 

is a one-year lag period. Each crop year 

you must report your production from 

two crop years ago, e.g., on the 2016 

crop year production report, you will 

provide your 2014 crop year production. 

* * * * * 

6. Insured Crop 

* * * * * 

(d) That are grown on trees that have 

reached at least the fifth growing season 

after being set out or grafted. However, 

we may give our approval in writing to 

insure acreage of trees that has not 

reached this age if it has produced at 

least 200 pounds of (wet in-shell) 

macadamia nuts per acre in a previous 

crop year; and 

* * * * * 

8. Insurance Period 

(a) * * * 

(2) The calendar date for the end of 

the insurance period for each crop year 

is the second June 30th after insurance 

attaches, or as specified in the Special 

Provisions. 

* * * * * 

11. Settlement of Claim 

* * * * * 

(b) * * * 

(7) * * * 

For example: 

You select the 65 percent coverage 

level and 100 percent of the price 

election on 10 acres of macadamia nuts 

in the unit. Your share is 100 percent. 

Your production guarantee (per acre) is 

4,000 pounds. The price election is 

$0.78. You are able to harvest 25,000 

pounds. Your indemnity would be 

calculated as follows: 

(1) 10 acres × 4,000 pounds = 40,000 

pounds guarantee; 

(2) 40,000 pounds × $0.78 price 

election = $31,200 total value of 

guarantee; 

(4) 25,000 pounds production to 

count × $0.78 price election = $19,500 

value of production to count; 

(6) $31,200 total value of guarantee ¥ 

$19,500 value of production to count = 

$11,700 loss; and 

(7) $11,700 loss × 100 percent share 

= $11,700 indemnity payment. 

* * * * * 

Signed in Washington, DC, on April 9, 

2015. 

Brandon Willis, 

Manager, Federal Crop Insurance 

Corporation. 

[FR Doc. 2015–08690 Filed 4–15–15; 8:45 am] 

BILLING CODE 3410–08–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

26 CFR Part 1 

[TD 9713] 

RIN 1545–BL46; 1545–BM60 

Reporting for Premium; Basis 

Reporting by Securities Brokers and 

Basis Determination for Debt 

Instruments and Options; Correction 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 

ACTION: Final and temporary 

regulations; correction. 

SUMMARY: This document contains 

corrections to final and temporary 

regulations (TD 9713) that were 

published in the Federal Register on 

March 13, 2015 (80 FR 13233). The final 

regulations are relating to information 

reporting by brokers for bond premium 

and acquisition premium. 

DATES: This correction is effective on 

April 16, 2015 and applicable beginning 

March 13, 2015. 

FOR FURTHER INFORMATION CONTACT: 

Pamela Lew at (202) 317–7053 (not a 

toll free number). 

SUPPLEMENTARY INFORMATION: 

Background 

The final and temporary regulations 

(TD 9713) that are the subject of this 

correction is under section 6045 of the 

Internal Revenue Code. 

Need for Correction 

As published, the final and temporary 

regulations (TD 9713) contains errors 

that may prove to be misleading and are 

in need of clarification. 

Correction of Publication 

Accordingly, the final and temporary 

regulations (TD 9713), that are the 


tkelley on DSK3SPTVN1PROD with RULES
20414 Federal Register / Vol. 80, No. 73 / Thursday, April 16, 2015 / Rules and Regulations 

subject of FR Doc. 2015–05648, are 

corrected as follows: 

■ 1. On page 13234, in the preamble, the 

first column, the twenty-sixth line from 

the top of the column, the language 

‘‘customer has not make the election. 

The’’ is corrected to read ‘‘customer has 

not made the election. The’’. 

■ 2. On page 13235, in the preamble, the 

first column, the fifth line from the 

bottom of the column, the language ‘‘for 

income and basis. Under section’’ is 

corrected to read ‘‘for income and basis. 

Under § ’’. 

Martin V. Franks, 

Chief, Publications and Regulations Branch, 

Legal Processing Division, Associate Chief 

Counsel (Procedure and Administration). 

[FR Doc. 2015–08746 Filed 4–15–15; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF HOMELAND 

SECURITY 

Coast Guard 

33 CFR Part 100 

[Docket No. USCG–2015–0185] 

RIN 1625–AA08 

Special Local Regulation; Glass City 

Scrimmage; Maumee River, Toledo, OH 

AGENCY: Coast Guard, DHS. 

ACTION: Temporary final rule. 

SUMMARY: The Coast Guard is 

establishing a temporary Special Local 

Regulation on the Maumee River, 

Toledo, Ohio. This Special Local 

Regulation is necessary to protect race 

participants from other vessel traffic. 

This temporary Special Local 

Regulation is intended to restrict vessels 

from a portion of the Maumee River 

during the Glass City Scrimmage. 

DATES: This rule will be effective from 

6 a.m. until 1 p.m. on April 18, 2015. 

ADDRESSES: Documents indicated in this 

preamble as being available in the 

docket are part of docket USCG–2015– 

0185. To view documents mentioned in 

this preamble as being available in the 

docket, go to http://

www.regulations.gov, inserting USCG– 

2015–0185 in the ‘‘Keyword’’ box, and 

then clicking ‘‘search.’’ They are also 

available for inspection or copying at 

the Docket Management Facility (M–30), 

U.S. Department of Transportation, 

West Building Ground floor, Room 

W12–140, 1200 New Jersey Avenue SE., 

Washington, DC 20590, between 9 a.m. 

and 5 p.m., Monday through Friday, 

except Federal holidays. 

FOR FURTHER INFORMATION CONTACT: If 

you have questions on this temporary 

final rule, contact or email MST1 Brett 

A. Kreigh, U.S. Coast Guard Marine 

Safety Unit Toledo, at (419) 418–6046 or 

brett.a.kreigh@uscg.mil If you have 

questions on viewing the docket, call 

Barbara Hairston, Program Manager, 

Docket Operations, telephone 202–366– 

9826. 

SUPPLEMENTARY INFORMATION: 

Table of Acronyms 

DHS Department of Homeland Security 

FR Federal Register 

NPRM Notice of Proposed Rulemaking 

TFR Temporary Final Rule 

A. Regulatory History and Information 

The Coast Guard is issuing this 

temporary final rule without prior 

notice and opportunity to comment 

pursuant to authority under section 4(a) 

of the Administrative Procedure Act 

(APA) (5 U.S.C. 553(b)). This provision 

authorizes an agency to issue a rule 

without prior notice and opportunity to 

comment when the agency for good 

cause finds that those procedures are 

‘‘impracticable, unnecessary, or contrary 

to the public interest.’’ Under 5 U.S.C. 

553(b)(B), the Coast Guard finds that 

good cause exists for not publishing an 

NPRM with respect to this rule because 

doing so would be impracticable. 

Additional details regarding this 

emergent event were received from the 

event sponsor after the annual 

permitting process but not received in 

sufficient time for the Coast Guard to 

publish an NPRM and solicit public 

comments before the occurrence of the 

event. Thus, waiting for a notice and 

comment period to run would inhibit 

the Coast Guard from protecting the 

public and vessels from hazards 

associated with the event. 

Under 5 U.S.C. 553(d)(3), the Coast 

Guard finds that good cause exists for 

making this temporary rule effective less 

than 30 days after publication in the 

Federal Register. For the same reasons 

discussed in the preceding paragraph, 

waiting for a 30 day notice period to run 

would be impracticable and contrary to 

the public interest. 

B. Basis and Purpose 

On Saturday, April 18, 2015, from 6 

a.m. to 1 p.m. an organized racing event 

will take place on the Maumee River 

where participants will row shell boats 

from the Craig Memorial Bridge at River 

Mile 3.30 to the Martin Luther King Jr. 

Memorial Bridge at River Mile 4.30 on 

the Maumee River in Toledo, OH. The 

Captain of the Port Detroit has 

determined that this boat race, due to its 

close proximity to watercraft and being 

in the shipping channel, poses extra and 

unusual hazards to public safety and 

property, including potential collisions, 

allisions, and individuals falling into 

the water. Establishing a special local 

regulated area is necessary to protect 

persons and property at these events 

and help minimize the associated risks. 

C. Discussion of Rule 

This rule will be enforced 6 a.m. until 

1 p.m. on April 18, 2015. The Coast 

Guard requires that all vessels transiting 

the area proceed at a no-wake speed and 

maintain extra vigilance at all times. 

Vessel traffic may proceed down the 

West side of the river at a no wake 

speed during racing. The races will stop 

for oncoming freighter or commercial 

traffic. The on-scene representative or 

event sponsor representatives may 

permit vessels to transit the area when 

no race activity is occurring. The onscene representative may be present on 

any Coast Guard, state or local law 

enforcement vessel assigned to patrol 

the event. 

This temporary Special Local 

Regulation will encompass all U.S. 

waters on the Maumee River, Toledo, 

OH from the Craig Memorial Bridge at 

River Mile 3.30 to the Martin Luther 

King Jr. Memorial Bridge at River Mile 

4.30. 

The Captain of the Port will notify the 

affected segments of the public of the 

enforcement of this Special Local 

Regulation by all appropriate means, 

including a Broadcast Notice to 

Mariners and Local Notice to Mariners. 

D. Regulatory Analyses 

We developed this rule after 

considering numerous statutes and 

executive orders related to rulemaking. 

Below we summarize our analyses 

based on these statutes and executive 

orders. 

1. Regulatory Planning and Review 

This temporary final rule is not a 

significant regulatory action under 

section 3(f) of Executive Order 12866, 

Regulatory Planning and Review, as 

supplemented by Executive Order 

13563, Improving Regulation and 

Regulatory Review, and does not require 

an assessment of potential costs and 

benefits under section 6(a)(3) of 

Executive Order 12866 or under section 

1 of Executive Order 13563. The Office 

of Management and Budget has not 

reviewed it under that Order. We 

conclude that this temporary final rule 

is not a significant regulatory action 

because we anticipate that it will have 

minimal impact on the economy, will 

not interfere with other agencies, will 

not adversely alter the budget of any 


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