1182 Federal Register / Vol. 83, No. 7 / Wednesday, January 10, 2018 / Rules and Regulations 

1Public Law 114–74, 129 Stat. 599 (2015) 

(codified at 28 U.S.C. 2461 note). 

reconsideration of the emergency order. 

All such requests must be submitted in 

writing to the Secretary. The 

Department will post all such requests 

on the DOE website consistent with 10 

CFR part 1004. To the extent the 

ordered entity believes the grid security 

emergency order lacks necessary clarity 

for implementation, or conflicts with 

the technically feasible operations of the 

electric grid or existing regulatory 

requirements, the ordered entity should 

seek immediate clarification from the 

Department. 

(b) Upon receipt of a request for 

clarification or reconsideration, the 

Secretary may, in his or her sole 

discretion, order a stay of the emergency 

order for which such clarification or 

rehearing is sought. The Secretary will 

act as soon as practicable on each 

request, with or without further 

proceedings. Such responsive actions 

may include granting or denying the 

request or abrogating or modifying the 

order, in whole or in part. 

§ 205.386 Temporary access to classified 

and sensitive information. 

(a) To the extent practicable, and 

consistent with obligations to protect 

classified and sensitive information, the 

Secretary may provide temporary access 

to classified and sensitive information, 

at the level necessary in light of the 

conditions of the incident, related to a 

grid security emergency for which 

emergency measures are issued to key 

personnel of any entity subject to such 

emergency measures, to the extent the 

Secretary deems necessary under the 

circumstances. The purpose of this 

access, as defined under section 

215A(b)(7) of the Federal Power Act, is 

to enable optimum communication 

between the entity and the Secretary 

and other appropriate Federal agencies 

regarding the grid security emergency. 

(b) CEII will be shared, where deemed 

necessary by the Secretary, in 

accordance with 10 CFR part 1004. 

§ 205.387 Tracking compliance. 

Beginning at the time the Secretary 

issues an emergency order, the 

Department may, at the discretion of the 

Secretary, require the entity or entities 

subject to an emergency order to 

provide a detailed account of actions 

taken to comply with the terms of the 

emergency order. 

§ 205.388 Enforcement. 

In accordance with available 

enforcement authorities, the Secretary 

may take or seek enforcement action 

against any entity subject to an 

emergency order who fails to comply 

with the terms of that emergency order. 

§ 205.389 Rehearing and judicial review. 

The procedures of Part III of the 

Federal Power Act apply to motions for 

rehearing of an emergency order. A 

request for clarification or 

reconsideration filed under § 205.385 of 

this subpart, if the filling entity so 

designates, may serve as a request for 

rehearing pursuant to section 313(a) of 

the Federal Power Act. 

§ 205.390 Liability exemptions. 

(a) To the extent any action or 

omission taken by an entity that is 

necessary to comply with an emergency 

order issued pursuant to section 

215A(b)(1) of the Federal Power Act and 

this Part, including any action or 

omission taken to voluntarily comply 

with such order, results in 

noncompliance with, or causes such 

entity not to comply with any rule, 

order, regulation, or provision of or 

under the Federal Power Act, including 

any reliability standard approved by the 

Federal Energy Regulatory Commission 

pursuant to section 215 of the Federal 

Power Act, the Department will not 

consider such action or omission to be 

a violation of such rule, order, 

regulation, or provision. 

(b) The Department will treat an 

action or omission by an owner, 

operator, or user of critical electric 

infrastructure or of defense critical 

electric infrastructure to comply with an 

emergency order issued pursuant to 

section 215A(b)(1) of the Federal Power 

Act as the functional equivalent of an 

action or omission taken to comply with 

an order issued under section 202(c) of 

the Federal Power Act for purposes of 

section 202(c). 

(c) The liability exemptions specified 

in paragraphs (a) and (b) of this section 

do not apply to an entity that, in the 

course of complying with an emergency 

order by taking an action or omission for 

which the entity would otherwise be 

liable, takes such action or omission in 

a grossly negligent manner. 

§ 205.391 Termination of an emergency 

order. 

(a) An emergency order will expire no 

later than 15 days after its issuance. The 

Secretary may reissue an emergency 

order for subsequent periods, not to 

exceed 15 days for each such period, 

provided that the President, for each 

such period, issues and provides to the 

Secretary a written directive or 

determination that the grid security 

emergency for which the Secretary 

intends to reissue an emergency order 

continues to exist or that the emergency 

measures continue to be required. 

(b) The Secretary may rescind an 

emergency order after finding that the 

grid security emergency for which that 

order was issued has ended, and that 

protective or mitigation measures 

required by that order have been 

sufficiently taken. 

(c) An entity or entities subject to an 

emergency order issued under this 

subpart may, at any time, request 

termination of the emergency order by 

demonstrating, in a petition to the 

Secretary, that the emergency no longer 

exists and that protective or mitigation 

measures required by the order have 

been sufficiently taken. 

[FR Doc. 2018–00259 Filed 1–9–18; 8:45 am] 

BILLING CODE 6450–01–P 

FEDERAL RESERVE SYSTEM 

12 CFR Part 263 

[Docket No. R–1595] 

RIN 7100 AE 95 

Rules of Practice for Hearings 

AGENCY: Board of Governors of the 

Federal Reserve System. 

ACTION: Final rule. 

SUMMARY: The Board of Governors of the 

Federal Reserve System (the ‘‘Board’’) is 

issuing a final rule amending its rules of 

practice and procedure to adjust the 

amount of each civil money penalty 

(‘‘CMP’’) provided by law within its 

jurisdiction to account for inflation as 

required by the Federal Civil Penalties 

Inflation Adjustment Act Improvements 

Act of 2015. 

DATES: This final rule is effective on 

January 10, 2018. 

FOR FURTHER INFORMATION CONTACT: 

Patrick M. Bryan, Assistant General 

Counsel, (202) 974–7093, or Thomas O. 

Kelly, Senior Attorney, (202) 974–7059, 

Legal Division, Board of Governors of 

the Federal Reserve System, 20th Street 

and Constitution Ave. NW, Washington, 

DC 20551. For users of 

Telecommunication Device for the Deaf 

(TDD) only, contact (202) 263–4869. 

SUPPLEMENTARY INFORMATION: 

Federal Civil Penalties Inflation 

Adjustment Act 

The Federal Civil Penalties Inflation 

Adjustment Act of 1990, 28 U.S.C. 2461 

note (‘‘FCPIA Act’’), requires federal 

agencies to adjust, by regulation, the 

CMPs within their jurisdiction to 

account for inflation. The Federal Civil 

Penalties Inflation Adjustment Act 

Improvements Act of 2015 (the ‘‘2015 

Act’’) 1 amended the FCPIA Act to 


jstallworth on DSKBBY8HB2PROD with RULES
Federal Register / Vol. 83, No. 7 / Wednesday, January 10, 2018 / Rules and Regulations 1183 

2 28 U.S.C. 2461 note, sec. 4(b)(1). 

3 77 FR 68,680 (Nov. 16, 2012). 

4OMB Memorandum M–18–03, Implementation 

of Penalty Inflation Adjustments for 2018, Pursuant 

to the Federal Civil Penalties Inflation Adjustment 

Act Improvements Act of 2015 (Dec. 15, 2017). 5Under the 2015 Act and implementing OMB 

guidance, agencies are not required to make an 

adjustment to a CMP if, during the 12 months 

preceding the required adjustment, such penalty 

increased due to a law other than the 2015 Act by 

an amount greater than the amount of the required 

adjustment. No other laws have adjusted the CMPs 

within the Board’s jurisdiction during the preceding 

12 months. 

require federal agencies to make annual 

adjustments not later than January 15 of 

every year.2 The Board is now issuing a 

new final rule to set the CMP levels 

pursuant to the required annual 

adjustment for 2018. The Board will 

apply these adjusted maximum penalty 

levels to any penalties assessed on or 

after January 10, 2018, whose associated 

violations occurred on or after 

November 2, 2015. Penalties assessed 

for violations occurring prior to 

November 2, 2015 will be subject to the 

amounts set in the Board’s 2012 

adjustment pursuant to the FCPIA Act.3

Under the 2015 Act, the annual 

adjustment to be made for 2018 is the 

percentage by which the Consumer 

Price Index for the month of October 

2017 exceeds the Consumer Price Index 

for the month of October 2016. On 

December 15, 2017, as directed by the 

2015 Act, the Office of Management and 

Budget (OMB) issued guidance to 

affected agencies on implementing the 

required annual adjustment which 

included the relevant inflation 

multiplier.4 Using OMB’s multiplier, the 

Board calculated the adjusted penalties 

for its CMPs, rounding the penalties to 

the nearest dollar.5

Administrative Procedure Act 

The 2015 Act states that agencies 

shall make the annual adjustment 

‘‘notwithstanding section 553 of title 5, 

United States Code.’’ Therefore, this 

rule is not subject to the provisions of 

the Administrative Procedure Act (the 

‘‘APA’’), 5 U.S.C. 553, requiring notice, 

public participation, and deferred 

effective date. 

Regulatory Flexibility Act 

The Regulatory Flexibility Act, 5 

U.S.C. 601 et seq., requires a regulatory 

flexibility analysis only for rules for 

which an agency is required to publish 

a general notice of proposed 

rulemaking. Because the 2015 Act states 

that agencies’ annual adjustments are to 

be made notwithstanding section 553 of 

title 5 of United States Code—the APA 

section requiring notice of proposed 

rulemaking—the Board is not 

publishing a notice of proposed 

rulemaking. Therefore, the Regulatory 

Flexibility Act does not apply. 

Paperwork Reduction Act 

There is no collection of information 

required by this final rule that would be 

subject to the Paperwork Reduction Act 

of 1995, 44 U.S.C. 3501 et seq. 

List of Subjects in 12 CFR Part 263 

Administrative practice and 

procedure, Claims, Crime, Equal access 

to justice, Lawyers, Penalties. 

Authority and Issuance 

For the reasons set forth in the 

preamble, the Board amends 12 CFR 

part 263 as follows: 

PART 263—RULES OF PRACTICE FOR 

HEARINGS 

■ 1. The authority citation for part 263 

continues to read as follows: 

Authority: 5 U.S.C. 504, 554–557; 12 

U.S.C. 248, 324, 334, 347a, 504, 505, 1464, 

1467, 1467a, 1817(j), 1818, 1820(k), 1829, 

1831o, 1831p–1, 1832(c), 1847(b), 1847(d), 

1884, 1972(2)(F), 3105, 3108, 3110, 3349, 

3907, 3909(d), 4717; 15 U.S.C. 21, 78l(i), 

78o–4, 78o–5, 78u–2; 1639e(k); 28 U.S.C. 

2461 note; 31 U.S.C. 5321; and 42 U.S.C. 

4012a. 

■ 2. Section 263.65 is revised to read as 

follows: 

§ 263.65 Civil money penalty inflation 

adjustments. 

(a) Inflation adjustments. In 

accordance with the Federal Civil 

Penalties Inflation Adjustment Act 

Improvements Act of 2015, which 

further amended the Federal Civil 

Penalties Inflation Adjustment Act of 

1990, the Board has set forth in 

paragraph (b) of this section the 

adjusted maximum amounts for each 

civil money penalty provided by law 

within the Board’s jurisdiction. The 

authorizing statutes contain the 

complete provisions under which the 

Board may seek a civil money penalty. 

The adjusted civil money penalties 

apply only to penalties assessed on or 

after January 10, 2018, whose associated 

violations occurred on or after 

November 2, 2015. 

(b) Maximum civil money penalties. 

The maximum (or, in the cases of 12 

U.S.C. 334 and 1832(c), fixed) civil 

money penalties as set forth in the 

referenced statutory sections are set 

forth in the table in this paragraph (b). 

Statute Adjusted civil 

money penalty 

12 U.S.C. 324: 

Inadvertently late or misleading reports, inter alia ..................................................................................................................... $3,928 

Other late or misleading reports, inter alia ................................................................................................................................. 39,278 

Knowingly or reckless false or misleading reports, inter alia ..................................................................................................... 1,963,870 

12 U.S.C. 334 .................................................................................................................................................................................... 285 

12 U.S.C. 374a .................................................................................................................................................................................. 285 

12 U.S.C. 504: 

First Tier ..................................................................................................................................................................................... 9,819 

Second Tier ................................................................................................................................................................................ 49,096 

Third Tier .................................................................................................................................................................................... 1,963,870 

12 U.S.C. 505: 

First Tier ..................................................................................................................................................................................... 9,819 

Second Tier ................................................................................................................................................................................ 49,096 

Third Tier .................................................................................................................................................................................... 1,963,870 

12 U.S.C. 1464(v)(4) ......................................................................................................................................................................... 3,928 

12 U.S.C. 1464(v)(5) ......................................................................................................................................................................... 39,278 

12 U.S.C. 1464(v)(6) ......................................................................................................................................................................... 1,963,870 

12 U.S.C. 1467a(i)(2) ........................................................................................................................................................................ 49,096 

12 U.S.C. 1467a(i)(3) ........................................................................................................................................................................ 49,096 

12 U.S.C. 1467a(r): 

First Tier ..................................................................................................................................................................................... 3,928 


jstallworth on DSKBBY8HB2PROD with RULES
1184 Federal Register / Vol. 83, No. 7 / Wednesday, January 10, 2018 / Rules and Regulations 

Statute Adjusted civil 

money penalty 

Second Tier ................................................................................................................................................................................ 39,278 

Third Tier .................................................................................................................................................................................... 1,963,870 

12 U.S.C. 1817(j)(16): 

First Tier ..................................................................................................................................................................................... 9,819 

Second Tier ................................................................................................................................................................................ 49,096 

Third Tier .................................................................................................................................................................................... 1,963,870 

12 U.S.C. 1818(i)(2): 

First Tier ..................................................................................................................................................................................... 9,819 

Second Tier ................................................................................................................................................................................ 49,096 

Third Tier .................................................................................................................................................................................... 1,963,870 

12 U.S.C. 1820(k)(6)(A)(ii) ................................................................................................................................................................. 323,027 

12 U.S.C. 1832(c) .............................................................................................................................................................................. 2,852 

12 U.S.C. 1847(b) .............................................................................................................................................................................. 49,096 

12 U.S.C. 1847(d): 

First Tier ..................................................................................................................................................................................... 3,928 

Second Tier ................................................................................................................................................................................ 39,278 

Third Tier .................................................................................................................................................................................... 1,963,870 

12 U.S.C. 1884 .................................................................................................................................................................................. 285 

12 U.S.C. 1972(2)(F): 

First Tier ..................................................................................................................................................................................... 9,819 

Second Tier ................................................................................................................................................................................ 49,096 

Third Tier .................................................................................................................................................................................... 1,963,870 

12 U.S.C. 3110(a) .............................................................................................................................................................................. 44,881 

12 U.S.C. 3110(c): 

First Tier ..................................................................................................................................................................................... 3,591 

Second Tier ................................................................................................................................................................................ 35,904 

Third Tier .................................................................................................................................................................................... 1,795,216 

12 U.S.C. 3909(d) .............................................................................................................................................................................. 2,443 

15 U.S.C. 78u–2(b)(1): 

For a natural person ................................................................................................................................................................... 9,239 

For any other person .................................................................................................................................................................. 92,383 

15 U.S.C. 78u–2(b)(2) 

For a natural person ................................................................................................................................................................... 92,383 

For any other person .................................................................................................................................................................. 461,916 

15 U.S.C. 78u–2(b)(3): 

For a natural person ................................................................................................................................................................... 184,767 

For any other person .................................................................................................................................................................. 923,831 

15 U.S.C. 1639e(k)(1) ....................................................................................................................................................................... 11,279 

15 U.S.C. 1639e(k)(2) ....................................................................................................................................................................... 22,556 

42 U.S.C. 4012a(f)(5) ........................................................................................................................................................................ 2,133 

By order of the Board of Governors of the 

Federal Reserve System, January 4, 2018. 

Ann E. Misback, 

Secretary of the Board. 

[FR Doc. 2018–00227 Filed 1–9–18; 8:45 am] 

BILLING CODE 6210–01–P 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

14 CFR Part 71 

[Docket No. FAA–2017–0666; Airspace 

Docket No. 17–ANM–15] 

Amendment of Class D and Class E 

Airspace; Pueblo, CO 

AGENCY: Federal Aviation 

Administration (FAA), DOT. 

ACTION: Final rule, correction. 

SUMMARY: This action corrects a final 

rule published in the Federal Register 

of November 27, 2017, that amends 

Class D and Class E airspace at Pueblo 

Memorial Airport, Pueblo, CO. The 

airspace description for the airport in 

Class E airspace designated as an 

extension to a Class D surface area 

contained a wording error. 

DATES: Effective date 0901 UTC, 

February 1, 2018. The Director of the 

Federal Register approves this 

incorporation by reference action under 

title 1, Code of Federal Regulations, part 

51, subject to the annual revision of 

FAA Order 7400.11 and publication of 

conforming amendments. 

FOR FURTHER INFORMATION CONTACT: Tom 

Clark, Federal Aviation Administration, 

Operations Support Group, Western 

Service Center, 1601 Lind Avenue SW, 

Renton, WA 98057; telephone (425) 

203–4511. 

SUPPLEMENTARY INFORMATION: 

History 

The FAA published a final rule in the 

Federal Register (82 FR 55943, 

November 27, 2017) Docket No. FAA– 

2017–0666 amending Class D and Class 

E airspace at Pueblo Memorial Airport, 

Pueblo, CO. Subsequent to publication, 

the FAA identified a clerical error in the 

legal description of the Class E airspace 

designated as an extension to a Class D 

or Class E surface area at Pueblo 

Memorial Airport. This correction 

changes the words ‘‘. . . from 700 feet 

above the surface . . .’’ to read ‘‘. . . 

from the surface. . . .’’ 

Correction to Final Rule 

Accordingly, pursuant to the 

authority delegated to me, in the 

Federal Register of November 27, 2017 

(82 FR 55943) FR Doc. 2017–25310, 

Amendment of Class D and Class E 

Airspace; Pueblo, CO, is corrected as 

follows: 

§ 71.1 [Amended] 

ANM CO E4 Pueblo, CO [Corrected] 

■ On page 55945, column 1, lines 14 

and 15, the words ‘‘That airspace 

extending upward from 700 feet above 

the surface’’ are corrected to read ‘‘That 


jstallworth on DSKBBY8HB2PROD with RULES