Federal Register / Vol. 70, No. 178 / Thursday, September 15, 2005 / Rules and Regulations 54471 

Prior to arriving at its budget of 

$89,090, the committee considered 

information from various sources, such 

as the committee’s Executive 

Subcommittee. An alternative to this 

action would be to continue with the 

$6.00 per ton assessment rate. However, 

an assessment rate of $0.65 per ton of 

salable dried prunes and excess funds 

from the 2004–2005 crop year will 

provide enough income to fund the 

committee’s reduced activities. 

Therefore, the Executive 

Subcommittee and committee agreed 

that $0.65 per ton of salable dried 

prunes is an acceptable assessment rate. 

The committee is authorized to use 

excess assessment funds from the 2004–

05 crop year (currently estimated at 

$21,165) for up to 5 months beyond the 

end of the crop year to meet 2003–04 

crop year expenses. At the end of the 5 

months, the committee either refunds or 

credits excess funds to handlers 

(§ 993.81(c)). 

This action decreases the assessment 

obligation imposed on handlers. 

Assessments are applied uniformly on 

all handlers, and some of the costs may 

be passed on to producers. However, 

decreasing the assessment rate reduces 

the burden on handlers, and may reduce 

the burden on producers. In addition, 

the committee’s meeting was widely 

publicized throughout the California 

dried prune industry and all interested 

persons were invited to attend the 

meeting and participate in committee 

deliberations on all issues. Like all 

committee meetings, the June 30, 2005, 

meeting was a public meeting and all 

entities, both large and small, were 

encouraged to express views on this 

issue. Finally, interested persons are 

invited to submit information on the 

regulatory and informational impacts of 

this action on small businesses. 

This action imposes no additional 

reporting or recordkeeping requirements 

on either small or large California dried 

prune handlers. As with all Federal 

marketing order programs, reports and 

forms are periodically reviewed to 

reduce information requirements and 

duplication by industry and public 

sector agencies. 

USDA has not identified any relevant 

Federal rules that duplicate, overlap, or 

conflict with this rule. 

A small business guide on complying 

with fruit, vegetable, and specialty crop 

marketing agreements and orders may 

be viewed at: http://www.ams.usda.gov/ 

fv/moab/html. Any questions about the 

compliance guide should be sent to Jay 

Guerber at the previously mentioned 

address in the FOR FURTHER INFORMATION

CONTACT section. 

After consideration of all relevant 

material presented, including the 

information and recommendation 

submitted by the committee and other 

available information, it is hereby found 

that this rule, as hereinafter set forth, 

will tend to effectuate the declared 

policy of the Act. 

Pursuant to 5 U.S.C. 553, 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 

exists for not postponing the effective 

date of this rule until 60 days after 

publication in the Federal Register 

because: (1) The 2005–06 crop year 

began on August 1, 2005, and the 

marketing order requires that the rate of 

assessment for each crop year apply to 

all assessable prunes handled during 

such crop year; (2) the assessment rate 

is considerably lower than that which is 

currently in effect; and (3) handlers are 

aware of this action, which was 

unanimously recommended by the 

committee at a public meeting; and (4) 

this interim final rule provides a 60-day 

comment period, and all comments 

timely received will be considered prior 

to finalization of this rule. 

List of Subjects in 7 CFR Part 993 

Marketing agreements, Plums, Prunes, 

Reporting and Recordkeeping 

requirements. 

■ For the reasons set forth in the 

preamble, 7 CFR part 993 is amended as 

follows: 

PART 993—DRIED PRUNES 

PRODUCED IN CALIFORNIA 

■ 1. The authority citation for 7 CFR 

part 993 continues to read as follows: 

Authority: 7 U.S.C. 601–674. 

■ 2. Section 993.347 is revised to read 

as follows: 

§ 993.347 Assessment rate. 

On and after August 1, 2005, an 

assessment rate of $0.65 per ton of 

salable dried prunes is established for 

California dried prunes. 

Dated: September 9, 2005. 

Lloyd C. Day, 

Administrator, Agricultural Marketing 

Service. 

[FR Doc. 05–18284 Filed 9–14–05; 8:45 am] 

BILLING CODE 3410–02–P 

FARM CREDIT ADMINISTRATION 

12 CFR Parts 607, 614, 615, and 620 

RIN 3052–AC09 

Assessment and Apportionment of 

Administrative Expenses; Loan 

Policies and Operations; Funding and 

Fiscal Affairs, Loan Policies and 

Operations; and Funding Operations; 

Disclosure to Shareholders; Capital 

Adequacy Risk-Weighting Revisions; 

Effective Date 

AGENCY: Farm Credit Administration. 

ACTION: Notice of effective date. 

SUMMARY: The Farm Credit 

Administration (FCA) published a final 

rule under parts 607, 614, 615, and 620 

on June 17, 2005 (70 FR 35336). This 

final rule changed our regulatory capital 

standards on recourse obligations, direct 

credit substitutes, residual interests, 

asset- and mortgage-backed securities, 

claims on securities firms, and certain 

residential loans. In accordance with 12 

U.S.C. 2252, the effective date of the 

final rule is 30 days from the date of 

publication in the Federal Register 

during which either or both Houses of 

Congress are in session. Based on the 

records of the sessions of Congress, the 

effective date of the regulation is 

September 8, 2005. 

EFFECTIVE DATE: The regulation 

amending 12 CFR parts 607, 614, 615, 

and 620 published on June 17, 2005 (70 

FR 35336) is effective September 8, 

2005. 

FOR FURTHER INFORMATION CONTACT: 

Robert Donnelly, Senior Accountant, 

Office of Regulatory Policy, Farm Credit 

Administration, McLean, VA 22102–

5090, (703) 883–4498, TTY (703) 883–

4434; or 

Jennifer A. Cohn, Senior Attorney, 

Office of General Counsel, Farm Credit 

Administration, McLean, VA 22102–

5090, (703) 883–4020, TTY (703) 883–

4020. 

(12 U.S.C. 2252(a)(9) and (10)) 

Dated: September 8, 2005. 

Jeanette C. Brinkley, 

Secretary, Farm Credit Administration Board. 

[FR Doc. 05–18285 Filed 9–14–05; 8:45 am] 

BILLING CODE 6705–01–P