25870 Federal Register / Vol. 61, No. 101 / Thursday, May 23, 1996 / Notices

Improvement Act of 1991, Pub. L. 102–

242, 105 Stat. 2236, 2253, Congress

adopted the prompt corrective action

provisions codified in section 38 of the

Federal Deposit Insurance Act, 12

U.S.C. 1831o, establishing a statutory

structure for addressing insured

depository institutions with declining

capital. This statutory structure does not

allow capital forbearance as

contemplated in the Policy Statement.

For the above reasons, the Policy

Statement is hereby rescinded.

By Order of the Board of Directors.

Dated at Washington, D.C., this 14th day of

May, 1996.

Federal Deposit Insurance Corporation.

Robert E. Feldman,

Deputy Executive Secretary.

[FR Doc. 96–12926 Filed 5–22–96; 8:45 am]

BILLING CODE 6714–01–P

FEDERAL EMERGENCY

MANAGEMENT AGENCY

[FEMA–1105–DR]

Montana; Amendment to Notice of a

Major Disaster Declaration

AGENCY: Federal Emergency

Management Agency (FEMA).

ACTION: Notice.

SUMMARY: This notice amends the notice

of a major disaster for the State of

Montana (FEMA–1105–DR), dated

February 23, 1996, and related

determinations.

EFFECTIVE DATE: May 7, 1996.

FOR FURTHER INFORMATION CONTACT:

Pauline C. Campbell, Response and

Recovery Directorate, Federal

Emergency Management Agency,

Washington, DC 20472, (202) 646–3606.

SUPPLEMENTARY INFORMATION: Notice is

hereby given that the incident period for

this disaster is closed effective February

29, 1996.

(Catalog of Federal Domestic Assistance No.

83.516, Disaster Assistance)

Dennis H. Kwiatkowski,

Deputy Associate Director, Response and

Recovery Directorate.

[FR Doc. 96–13038 Filed 5–22–96; 8:45 am]

BILLING CODE 6718–02–P

[FEMA–1112–DR]

Illinois; Major Disaster and Related

Determinations

AGENCY: Federal Emergency

Management Agency (FEMA).

ACTION: Notice.

SUMMARY: This is a notice of the

Presidential declaration of a major

disaster for the State of Illinois (FEMA–

1112–DR), dated May 6, 1996, and

related determinations.

EFFECTIVE DATE: May 6, 1996.

FOR FURTHER INFORMATION CONTACT:

Pauline C. Campbell, Response and

Recovery Directorate, Federal

Emergency Management Agency,

Washington, DC 20472, (202) 646–3606.

SUPPLEMENTARY INFORMATION: Notice is

hereby given that, in a letter dated May

6, 1996, the President declared a major

disaster under the authority of the

Robert T. Stafford Disaster Relief and

Emergency Assistance Act (42 U.S.C.

5121 et seq.), as follows:

I have determined that the damage in

certain areas of the State of Illinois, resulting

from severe storms and flooding on April 28,

1996 and continuing, is of sufficient severity

and magnitude to warrant a major disaster

declaration under the Robert T. Stafford

Disaster Relief and Emergency Assistance Act

(‘‘the Stafford Act’’). I, therefore, declare that

such a major disaster exists in the State of

Illinois.

In order to provide Federal assistance, you

are hereby authorized to allocate from funds

available for these purposes, such amounts as

you find necessary for Federal disaster

assistance and administrative expenses.

You are authorized to provide Individual

Assistance, Public Assistance, and Hazard

Mitigation in the designated areas. Consistent

with the requirement that Federal assistance

be supplemental, any Federal funds provided

under the Stafford Act for Public Assistance

or Hazard Mitigation will be limited to 75

percent of the total eligible costs.

The time period prescribed for the

implementation of section 310(a),

Priority to Certain Applications for

Public Facility and Public Housing

Assistance, 42 U.S.C. 5153, shall be for

a period not to exceed six months after

the date of this declaration.

Notice is hereby given that pursuant

to the authority vested in the Director of

the Federal Emergency Management

Agency under Executive Order 12148, I

hereby appoint Ron Sherman of the

Federal Emergency Management Agency

to act as the Federal Coordinating

Officer for this declared disaster.

I do hereby determine the following

areas of the State of Illinois to have been

affected adversely by this declared

major disaster:

Franklin and St. Clair Counties for

Individual Assistance, Public Assistance, and

Hazard Mitigation.

(Catalog of Federal Domestic Assistance No.

83.516, Disaster Assistance)

James L. Witt,

Director.

[FR Doc. 96–13014 Filed 5–22–96; 8:45 am]

BILLING CODE 6718–02–P

[FEMA–1112–DR]

Illinois; Amendment to Notice of a

Major Disaster Declaration

AGENCY: Federal Emergency

Management Agency (FEMA).

ACTION: Notice.

SUMMARY: This notice amends the notice

of a major disaster for the State of

Illinois, (FEMA–1112–DR), dated May 6,

1996, and related determinations.

EFFECTIVE DATE: May 10, 1996.

FOR FURTHER INFORMATION CONTACT:

Pauline C. Campbell, Response and

Recovery Directorate, Federal

Emergency Management Agency,

Washington, DC 20472, (202) 646–3606.

SUPPLEMENTARY INFORMATION: The notice

of a major disaster for the State of

Illinois, is hereby amended to include

the following area among those areas

determined to have been adversely

affected by the catastrophe declared a

major disaster by the President in his

declaration of May 6, 1996:

Lawrence County for Individual

Assistance.

(Catalog of Federal Domestic Assistance No.

83.516, Disaster Assistance)

William C. Tidball,

Associate Director, Response and Recovery

Directorate.

[FR Doc. 96–13015 Filed 5–22–96; 8:45 am]

BILLING CODE 6718–02–P

[FEMA–1112–DR]

Illinois; Amendment to Notice of a

Major Disaster Declaration

AGENCY: Federal Emergency

Management Agency (FEMA).

ACTION: Notice.

SUMMARY: This notice amends the notice

of a major disaster for the State of

Illinois, (FEMA–1112–DR), dated May 6,

1996, and related determinations.

EFFECTIVE DATE: May 9, 1996.

FOR FURTHER INFORMATION CONTACT:

Pauline C. Campbell, Response and

Recovery Directorate, Federal

Emergency Management Agency,

Washington, DC 20472, (202) 646–3606.

SUPPLEMENTARY INFORMATION: The notice

of a major disaster for the State of

Illinois, is hereby amended to include

the following areas among those areas

determined to have been adversely

affected by the catastrophe declared a

major disaster by the President in his

declaration of May 6, 1996:

Madison and Monroe Counties for

Individual Assistance, Public Assistance, and

Hazard Mitigation.