24138 Federal Register / Vol. 66, No. 92 / Friday, May 11, 2001 / Notices

Washington, DC 20004); telephone/

voice mail at (202) 564–4557; fax at

(202) 501–0582; or via e-mail at

kooyoomjian.jack@epa.gov. The draft

agenda will be available approximately

one week prior to the meetings on the

SAB website (http://www.epa.gov/sab)

or from Ms. Betty Fortune at (202) 564–

4534; fax: (202) 501–0582; or e-mail at:

fortune.betty@epa.gov.

Providing Public Comments—

Members of the public who wish to

make a brief oral presentation at the

May 25th meeting must contact Dr.

Kooyoomjian in writing (by letter, fax,

or e-mail—see previously stated

information) no later than 12 noon

Eastern Time, Friday, May 18, 2001 in

order to be included on the Agenda.

Written statements will be accepted in

the SAB Staff office up until two

business days following the meeting (by

close of business, May 29, 2001).

3. Ecological Processes and Effects

Committee (EPEC)—Teleconference

Meeting June 1, 2001

The Ecological Processes and Effects

Committee’s STAR Water and

Watersheds (WW) Review Panel will

meet by conference call from 1 to 3 p.m.

Eastern time on Friday, June 1, 2001.

Members of the public wishing to callin to the teleconference must make

arrangements with Ms. Mary Winston

by noon the Tuesday before the meeting.

Instructions about how to participate in

the conference call can be obtained by

calling Ms. Mary Winston, Management

Assistant, at (202) 564–4538, or via email at: winston.mary@epa.gov.

Purpose of the Meeting—The purpose

of the conference call meeting is to

allow the STAR WW Review Panel to

complete discussion of the Agency’s

Science to Achieve Results (STAR)

Water and Watersheds Program. The

STAR WW Program was the subject of

a public meeting of the Committee on

April 20, 2001. Additional details on the

background and charge for the review of

the STAR WW Program were provided

in 66 FR 15433–15434, dated March 19,

2001.

Providing Oral or Written Comments at

SAB Meetings

It is the policy of the Science

Advisory Board to accept written public

comments of any length, and to

accommodate oral public comments

whenever possible. The Science

Advisory Board expects that public

statements presented at its meetings will

not be repetitive of previously

submitted oral or written statements.

Oral Comments: In general, each

individual or group requesting an oral

presentation at a face-to-face meeting

will be limited to a total time of ten

minutes. For conference call meetings,

opportunities for oral comment will

usually be limited to no more than three

minutes per speaker and no more than

fifteen minutes total, unless otherwise

stated. Deadlines for getting on the

public speaker list for a meeting are

given above. Speakers should bring at

least 35 copies of their comments and

presentation slides for distribution to

the reviewers and public at the meeting.

Written Comments: Although the SAB

accepts written comments until two

business days following the date of the

meeting (unless otherwise stated),

written comments should be received in

the SAB Staff Office at least one week

prior to the meeting date so that the

comments may be made available to the

committee for their consideration.

Comments should be supplied to the

appropriate DFO at the address/contact

information noted above in the

following formats: one hard copy with

original signature, and one electronic

copy via e-mail (acceptable file formats:

WordPerfect, Word, or Rich Text files

(in IBM–PC/Windows 95/98 format).

Those providing written comments and

who attend the meeting are also asked

to bring 25 copies of their comments for

public distribution.

General Information—Additional

information concerning the EPA Science

Advisory Board, its structure, function,

and composition, may be found on our

Website (http://www.epa.gov/sab) and

in The FY2000 Annual Report of the

Staff Director which is available from

the SAB Publications Staff at (202) 564–

4533 or via fax at (202) 501–0256.

Committee rosters, draft Agendas and

meeting calendars are also located on

our website.

Meeting Access—Individuals

requiring special accommodation at this

meeting, including wheelchair access to

the conference room, should contact the

appropriate DFO at least five business

days prior to the meeting so that

appropriate arrangements can be made.

Dated: May 7, 2001.

Donald G. Barnes,

Staff Director, Science Advisory Board.

[FR Doc. 01–11914 Filed 5–10–01; 8:45 am]

BILLING CODE 6560–50–P

FEDERAL ACCOUNTING STANDARDS

ADVISORY BOARD

Notice of New Exposure Draft

Reporting Corrections of Errors and

Changes in Accountng—Amendment

of SFFAS 7, Accounting for Revenue

and Other Financing Sources

Board Action: Pursuant to the Federal

Advisory Committee Act (Pub. L. No.

92–463), as amended, and the FASAB

Rules of Procedure, as amended in

October, 1999, notice is hereby given

that the Federal Accounting Standards

Advisory Board has published a new

exposure draft, Reporting Corrections of

Errors and Changes in Accounting

Principles—Amendment to SFFAS 7,

Accounting for Revenue and Other

Financing Sources.

A summary of the proposed

Statement follows: On May 11, 2001, the

Federal Accounting Standards Advisory

Board (FASAB) released for public

comment an exposure draft (ED) to

amend Statement of Federal Financial

Accounting Standards (SFFAS) 7,

Accounting for Revenue and Other

Financing Sources and Concepts for

Reconciling Budgetary and Financial

Accounting. The Chairman of the

Federal Accounting Standards Advisory

Board announced that the FASAB has

issued an exposure draft of a proposed

standard amending the reporting

requirements for errors, discovered in

the current year, that would have

materially affected prior year financial

statements. The current standard

requires that adjustments be recognized

as a change in cumulative results of

operations (rather than as an element of

net results of operations for the period)

and that prior period financial

statements not be restated for prior

period adjustments recognized in the

current period. The proposed

amendment requires that when material

errors are discovered in prior year

financial statements, all statements

presented must be restated to correct the

error. The primary reason for proposing

the amendment is to allow reporting

entities to present comparative

statements. The exposure draft, entitled

Reporting Corrections of Errors and

Changes in Accounting Principles,

Amendment of SFFAS 7, Accounting for

Revenue and Other Financing Sources,

will be out for comment until June 11,

2001. The proposed amendment of

SFFAS No. 7 would be effective for

periods beginning after September 30,

2001.

The exposure draft will be mailed to

FASAB’s mailing list subscribers.

Additionally, it is available on FASAB’s

home page http://www.financenet.gov/

Federal Register / Vol. 66, No. 92 / Friday, May 11, 2001 / Notices 24139

fasab.htm. Copies can be obtained by

contacting FASAB at (202) 512–7350, or

palmer@fasab.gov. For further

information call Andrea Palmer (202)

512–7360.

Written comments are requested by

June 11, 2001, and should be sent to:

Wendy M. Comes, Executive Director,

Federal Accounting Standards Advisory

Board, 441 G Street, NW., Suite 6814,

Mail Stop 6K17V, Washington, DC

20548.

For Further Information, Contact:

Wendy Comes, Executive Director, 441

G St., NW., Room 6814, Washington, DC

20548, or call (202) 512–7350.

Authority: Federal Advisory Committee

Act. Pub. L. No. 92–463.

Dated: May 8, 2001

Lucy Lomax,

Assistant Executive Director.

[FR Doc. 01–11935 Filed 5–10–01; 8:45 am]

BILLING CODE 1610–01–M

FEDERAL DEPOSIT INSURANCE

CORPORATION

Agency Information Collection

Activities: Submission for OMB

Review; Comment Request

AGENCY: Federal Deposit Insurance

Corporation (FDIC).

ACTION: Notice of information collection

to be submitted to OMB for review and

approval under the Paperwork

Reduction Act of 1995.

SUMMARY: In accordance with

requirements of the Paperwork

Reduction Act of 1995 (44 U.S.C. 3501

et seq.), the FDIC hereby gives notice

that it plans to submit to the Office of

Management and Budget (OMB) a

request for OMB review and approval of

the information collection system

described below.

Type of Review: Renewal of a

currently approved collection.

Title: Extensions of Credit to

Executive Officers, Unsafe and Unsound

Practices.

OMB Number: 3064–0108.

Annual Burden:

Estimated annual number of

respondents: 4,000

Estimated number of responses: 8,000

Estimated time per response: 1 hour

Total annual burden hours: 8,000 hours

Expiration Date of OMB Clearance:

June 30, 2001.

OMB Reviewer: Alexander T. Hunt,

(202) 395–7860, Office of Management

and Budget, Office of Information and

Regulatory Affairs, Washington, DC

20503.

FDIC Contact: Tamara R. Manly, (202)

898–7453, Office of the Executive

Secretary, Room F–4058, Federal

Deposit Insurance Corporation, 550 17th

Street NW., Washington, DC 20429.

Comments: Comments on this

collection of information are welcome

and should be submitted on or before

June 11, 2001 to both the OMB reviewer

and the FDIC contact listed above.

ADDRESSES: Information about this

submission, including copies of the

proposed collection of information, may

be obtained by calling or writing the

FDIC contact listed above.

SUPPLEMENTARY INFORMATION: The

information collection and

recordkeeping requirements are

mandated by statute and take the form

of (1) a report by executive officers of

insured nonmember banks to their

boards of directors within 10 days of

incurring any indebtedness to any other

bank in an amount in excess of the

amount the insured nonmember bank

could lend to the officer, and (2) a report

from insured nonmember banks,

included with their reports of condition

filed with the FDIC, on any extensions

of credit made by the bank to its

executive officers since the bank filed

its last report of condition.

Dated: May 7, 2001.

Federal Deposit Insurance Corporation.

Robert E. Feldman,

Executive Secretary.

[FR Doc. 01–11862 Filed 5–10–01; 8:45 am]

BILLING CODE 6714–01–P

FEDERAL DEPOSIT INSURANCE

CORPORATION

Sunshine Act Meeting

Pursuant to the provisions of the

‘‘Government in the Sunshine Act’’ (5

U.S.C. 552b), notice is hereby given that

at 10:22 a.m. on Tuesday, May 8, 2001,

the Board of Directors of the Federal

Deposit Insurance Corporation met in

closed session to consider matters

relating to the Corporation’s supervisory

activities.

In calling the meeting, the Board

determined, on motion of Director John

M. Reich (Appointive), seconded by

Director Ellen S. Seidman (Director,

Office of Thrift Supervision), concurred

in by Director John D. Hawke, Jr.

(Comptroller of the Currency), and

Chairman Donna Tanoue, that

Corporation business required its

consideration of the matters on less than

seven days’ notice to the public; that no

earlier notice of the meeting was

practicable; that the public interest did

not require consideration of the matters

in a meeting open to public observation;

and that the matters could be

considered in a closed meeting by

authority of subsections (c)(4), (c)(6),

(c)(8), and (c)(9)(A)(ii) of the

‘‘Government in the Sunshine Act’’ (5

U.S.C. 552b(c)(4), (c)(6), (c)(8), and

(c)(9)(A)(ii)).

The meeting was held in the Board

Room of the FDIC Building located at

550–17th Street, NW., Washington, DC.

Dated: May 8, 2001.

Federal Deposit Insurance Corporation

James D. LaPierre,

Deputy Executive Secretary.

[FR Doc. 01–12033 Filed 5–9–01; 12:17 pm]

BILLING CODE 6714–01–M

FEDERAL RESERVE SYSTEM

Formations of, Acquisitions by, and

Mergers of Bank Holding Companies

The companies listed in this notice

have applied to the Board for approval,

pursuant to the Bank Holding Company

Act of 1956 (12 U.S.C. 1841 et seq.)

(BHC Act), Regulation Y (12 CFR Part

225), and all other applicable statutes

and regulations to become a bank

holding company and/or to acquire the

assets or the ownership of, control of, or

the power to vote shares of a bank or

bank holding company and all of the

banks and nonbanking companies

owned by the bank holding company,

including the companies listed below.

The applications listed below, as well

as other related filings required by the

Board, are available for immediate

inspection at the Federal Reserve Bank

indicated. The application also will be

available for inspection at the offices of

the Board of Governors. Interested

persons may express their views in

writing on the standards enumerated in

the BHC Act (12 U.S.C. 1842(c)). If the

proposal also involves the acquisition of

a nonbanking company, the review also

includes whether the acquisition of the

nonbanking company complies with the

standards in section 4 of the BHC Act

(12 U.S.C. 1843). Unless otherwise

noted, nonbanking activities will be

conducted throughout the United States.

Additional information on all bank

holding companies may be obtained

from the National Information Center

website at www.ffiec.gov/nic/.

Unless otherwise noted, comments

regarding each of these applications

must be received at the Reserve Bank

indicated or the offices of the Board of

Governors not later than June 4, 2001.

A. Federal Reserve Bank of

Philadelphia (Michael E. Collins, Senior

Vice President) 100 North 6th Street,

Philadelphia, Pennsylvania 19105–

1521: