Federal Register / Vol. 61, No. 117 / Monday, June 17, 1996 / Notices 30667

1The ICC Termination Act of 1995, Pub. L. No.

104–88, 109 Stat. 803, which was enacted on

December 29, 1995, and took effect on January 1,

1996, abolished the Interstate Commerce

Commission and transferred certain functions to the

Surface Transportation Board (Board). This notice

relates to functions that are subject to the Board’s

jurisdiction pursuant to 49 U.S.C. 10903.

2 The Board will grant a stay if an informed

decision on environmental issues (whether raised

by a party or by the Board’s Section of

Environmental Analysis in its independent

investigation) cannot be made before the

exemption’s effective date. See Exemption of Outof-Service Rail Lines, 5 I.C.C.2d 377 (1989). Any

request for a stay should be filed as soon as possible

so that the Board may take appropriate action before

the exemption’s effective date.

3 See Exempt. of Rail Abandonment—Offers of

Finan. Assist., 4 I.C.C.2d 164 (1987).

4 The Board will accept late-filed trail use

requests so long as the abandonment has not been

consummated and the abandoning railroad is

willing to negotiate an agreement.

Child anthropomorphic test dummies

[FR Doc. 96–15331 Filed 6–12–96; 5:03 pm]

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Surface Transportation Board 1

[STB Docket No. AB–290 (Sub-No. 182X)]

Norfolk Southern Railway Company—

Abandonment Exemption—in

Claiborne and Campbell Counties, TN

Norfolk Southern Railway Company

(NS) filed a notice of exemption under

49 CFR 1152 Subpart F—Exempt

Abandonments to abandon 14.3 miles of

its line of railroad between milepost

O.O-TC at Arco Junction and milepost

14.3–TC at Arco, in Claiborne and

Campbell Counties, TN.

NS has certified that: (1) no local

traffic has moved over the line for at

least 2 years; (2) any overhead traffic on

the line can be rerouted; (3) no formal

complaint filed by a user of rail service

on the line (or by a State or local

government entity acting on behalf of

such user) regarding cessation of service

over the line either is pending with the

Board or with any U.S. District Court or

has been decided in favor of

complainant within the 2-year period;

and (4) the requirements at 49 CFR

1105.7 (environmental reports), 49 CFR

1105.8 (historic reports), 49 CFR

1105.11 (transmittal letter), 49 CFR

1105.12 (newspaper publication), and

49 CFR 1152.50(d)(1) (notice to

governmental agencies) have been met.

As a condition to use of this

exemption, any employee adversely

affected by the abandonment shall be

protected under Oregon Short Line R.

Co.—Abandonment—Goshen, 360 I.C.C.

91 (1979). To address whether this

condition adequately protects affected

employees, a petition for partial

revocation under 49 U.S.C. 10502(d)

must be filed.

Provided no formal expression of

intent to file an offer of financial

assistance (OFA) has been received, this

exemption will be effective on July 17,

1996, unless stayed pending

reconsideration. Petitions to stay that do

not involve environmental issues,2

formal expressions of intent to file an

OFA under 49 CFR 1152.27(c)(2),3 and

trail use/rail banking requests under 49

CFR 1152.29 4 must be filed by June 27,

1996. Petitions to reopen or requests for

public use conditions under 49 CFR

1152.28 must be filed by July 8, 1996,

with: Office of the Secretary, Case

Control Branch, Surface Transportation

Board, 1201 Constitution Avenue, N.W.,

Washington, DC 20423.

A copy of any petition filed with the

Board should be sent to applicant’s

representative: James R. Paschall,

General Attorney, Norfolk Southern

Corporation, Three Commercial Place,

Norfolk, VA 23510.

If the verified notice contains false or

misleading information, the exemption

is void ab initio.

NS has filed an environmental report

which addresses the abandonment’s

effects, if any, on the environment and

historic resources. The Section of

Environmental Analysis (SEA) will

issue an environmental assessment (EA)

by June 21, 1996. Interested persons

may obtain a copy of the EA by writing

to SEA (Room 3219, Surface

Transportation Board, Washington, DC

20423) or by calling Elaine Kaiser, Chief

of SEA, at (202) 927–6248. Comments

on environmental and historic

preservation matters must be filed

within 15 days after the EA becomes

available to the public.

Environmental, historic preservation,

public use, or trail use/rail banking

conditions will be imposed, where

appropriate, in a subsequent decision.

Decided: June 11, 1996.

By the Board, David M. Konschnik,

Director, Office of Proceedings.

Vernon A. Williams,

Secretary.

[FR Doc. 96–15294 Filed 6–14–96; 8:45 am]

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DEPARTMENT OF THE TREASURY

Customs Service

Quarterly IRS Interest Rates Used in

Calculating Interest on Overdue

Accounts and Refunds on Customs

Duties

AGENCY: Customs Service, Treasury.

ACTION: Notice of calculation and

interest.

SUMMARY: This notice advises the public

of an increase in the quarterly Internal

Revenue Service interest rates used to

calculate interest on overdue accounts

and refunds of Customs duties. For the

quarter beginning July 1, 1996, the rates

will be 8 percent for overpayments and

9 percent for underpayments. This

notice is published for the convenience

of the importing public and Customs

personnel.

EFFECTIVE DATE: July 1, 1996.

FOR FURTHER INFORMATION CONTACT:

Harry Bunn, Accounting Services

Division, Accounts Receivable Group,

6026 Lakeside Boulevard, Indianapolis,

Indiana 46278, (317) 298–1200,

extension 1252.

SUPPLEMENTARY INFORMATION:

Background

Pursuant to 19 U.S.C. 1505 and

Treasury Decision 85–93, published in

the Federal Register on May 29, 1985

(50 FR 21832), the interest rate paid on

applicable overpayments or

underpayments of Customs duties shall

be in accordance with the Internal

Revenue Code rate established under 26

U.S.C. 6621 and 6622. Interest rates are

determined based on the short-term

Federal rate. The interest rate that

Treasury pays on overpayments will be

the short-term Federal rate plus two

percentage points. The interest rate paid

to the Treasury for underpayments will

be the short-term Federal rate plus three

percentage points. The rates will be

rounded to the nearest full percentage.

The interest rates are determined by

the Internal Revenue Service on behalf

of the Secretary of the Treasury based

on the average market yield on

outstanding marketable obligations of

the U.S. with remaining periods to

maturity of 3 years or less, and fluctuate

quarterly. The rates effective for a

quarter are determined during the firstmonth period of the previous quarter.

The rates of interest for the fourth

quarter of fiscal year (FY) 1996 (the

period of July 1–September 30, 1996)

are increased to 8 percent for

overpayments and 9 percent for

underpayments. These rates will remain

in effect through September 30, 1996,

and are subject to change for the first

quarter of FY–1997 (the period of

October 1–December 31, 1996).

Dated: June 12, 1996.

Samuel H. Banks,

Acting Commissioner of Customs.

[FR Doc. 96–15317 Filed 6–14–96; 8:45 am]

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