Federal Register / Vol. 61, No. 123 / Tuesday, June 25, 1996 / Notices 32813

Nature of benefit

(c)

Type and amount of

payment

Check In kind

1. Roundtrip Transportation ............. .................. $306.00

2. Hotel Room ....... .................. 248.50

3. Meals ................ .................. 68.00

4. Taxi ................... .................. 30.00

.................. 652.50

(b) Non-Fed Source: Same as No. 4.

1. Agency: Federal Communications

Commission.

2. Employee: Government Position:

Gregory Rosston, Telecommunications

Policy Analyst, Office of Plans & Policy.

3. Event: International

Telecommunications Society Workshop,

‘‘International & InterOperation: A

Blueprint for Public Policy’’.

4. Sponsor of Event: University of

Auckland.

5. Sponsor Address: School of

Business & Economics, University of

Auckland, Private Bag 92019, Auckland,

New Zealand.

6. Location of Event: Wellington, New

Zealand.

7. Employee’s Role: Speaker.

8. Dates of Event: 10/18–20/96.

9. Travel Dates: 10/15–22/96.

10. (a)

Nature of benefit

(c)

Type and amount of

payment

Check In kind

1. Roundtrip Transportation ............. .................. $5,889.60

2. Hotel Room ....... .................. 861.00

3. Meals ................ .................. 438.00

4. Taxi ................... .................. ..................

.................. 7,198.60

(b) Non-Fed Source: Same as No. 4.

1. Agency: Federal Communications

Commission.

2. Employee: Government Position: E.

Bryan Clopton, Jr., Public Utility

Specialist, Common Carrier Bureau.

3. Event: USTA Three-Way Meeting.

4. Sponsor of Event: United States

Telephone Association—USTA.

5. Sponsor Address: 1401 H Street,

N.W., Suite 600, Washington, D.C.

20005–2164.

6. Location of Event: Seattle,

Washington.

7. Employee’s Role: Meeting Leader.

8. Dates of Event: 03/18–21/96.

9. Travel Dates: 03/18–21/96.

10. (a)

Nature of benefit

(c)

Type and amount of

payment

Check In kind

1. Roundtrip Transportation ............. .................. $1,245.30

2. Hotel Room ....... .................. 340.79

3. Meals ................ .................. 131.00

4. Taxi ................... .................. 54.32

.................. 1,771.41

(b) Non-Fed Source: Same as No. 4.

1. Agency: Federal Communications

Commission.

2. Employee: Government Position:

Fatina K. Franklin, Chief, Depreciation

Rates Section, Common Carrier Bureau.

3. Event: USTA Three-Way Meeting.

4. Sponsor of Event: United States

Telephone Association—USTA.

5. Sponsor Address: 1401 H Street,

N.W., Suite 600, Washington, D.C.

20005–2164.

6. Location of Event: Seattle,

Washington.

7. Employee’s Role: Meeting Leader.

8. Dates of Event: 03/18–21/96.

9. Travel Dates: 03/18–21/96.

10. (a)

Nature of benefit

(c)

Type and amount of

payment

Check In kind

1. Roundtrip Transportation ............. .................. $1,245.30

2. Hotel Room ....... .................. 340.79

3. Meals ................ .................. 156.00

4. Taxi ................... .................. 54.33

.................. 1,796.42

(b) Non-Fed Source: Same as No. 4.

1. Agency: Federal Communications

Commission.

2. Employee: Keith Larson,

Government Position: Assistant Chief

for Engineering, Mass Media Bureau.

3. Event: 2nd Annual Wireless Cable,

Technical Symposium, the New

Frontier.

4. Sponsor of Event: Wireless Cable

Association—WCA.

5. Sponsor Address: Attn: Robert M.

Unetich, 1140 Conn. Avenue N.W.,

Washington, D.C. 20036.

6. Location of Event: San Antonio,

Texas.

7. Employee’s Role: Speaker.

8. Dates of Event: 02/03–05/96.

9. Travel Dates: 02/03–05/96.

10. (a)

Nature of benefit

(c)

Type & amount of

payment

Check In kind

1. Roundtrip Transportation ............. .................. $194.40

2. Hotel Room ....... .................. 154.00

3. Meals ................ .................. 93.50

4. Taxi ................... .................. ..................

.................. 441.90

(b) Non-Fed Source: Same as No. 4.

1. Agency: Federal Communications

Commission.

2. Employee: Richard M. Smith,

Government Position: Chief, Office of

Engineering & Technology.

3. Event: State of the Science

Colloquium.

4. Sponsor of Event: Wireless

Technology Research—WTR.

5. Sponsor Address: 1711 N Street,

N.W., Suite 200, Washington, D.C.

20036.

6. Location of Event: Rome, Italy.

7. Employee’s Role: Speaker.

8. Dates of Event: 11/13–15/95.

9. Travel Dates: 11/10–18/95.

10. (a)

Nature of benefit

(c)

Type & amount of

payment

Check In kind

1. Roundtrip transportation ............. .................. $1,057.85

2. Hotel room ........ .................. 195.95

3. Meals ................ .................. ..................

4. Taxi ................... .................. ..................

.................. 1,263.80

(b) Non-Fed Source: Same as No. 4.

Federal Communications Commission.

William F. Caton,

Acting Secretary.

[FR Doc. 96–16054 Filed 6–24–96; 8:45 am]

BILLING CODE 6712–01–M

FEDERAL DEPOSIT INSURANCE

CORPORATION

Rescission of Statement of Policy on

Time Limits for Filing Reports of

Condition

AGENCY: Federal Deposit Insurance

Corporation (FDIC).

ACTION: Rescission of statement of

policy.

SUMMARY: As part of the FDIC’s

systematic review of its regulations and

written policies under Section 303(a) of

the Riegle Community Development and

Regulatory Improvement Act of 1994
32814 Federal Register / Vol. 61, No. 123 / Tuesday, June 25, 1996 / Notices

(CDRI Act), the FDIC is rescinding its

policy statement concerning time limits

for filing Reports of Condition

(Statement). The Statement, which was

adopted in 1976, established a deadline

for submitting the Consolidated Reports

of Condition and Consolidated Reports

of Income (Call Reports) required to be

filed by FDIC-supervised banks,

announced that these reports must be

prepared as of the last day of each

calendar quarter (report dates), and

recited the statutory penalty then in

effect for failing to file these reports by

the deadline. The FDIC is rescinding the

Statement because it is now outmoded.

The submission deadlines and report

dates for Call Reports are fully

explained in the Call Report

instructions now issued by the Federal

Financial Institutions Examination

Council (FFIEC). Efforts also are

currently under way to reflect the

submission deadlines in the FDIC’s

Rules and Regulations. In addition, the

statutory penalty has been changed

since the Statement’s issuance. The civil

money penalties that the FDIC currently

may assess for the late filing of a Call

Report are clearly set forth in the FDIC’s

regulations.

EFFECTIVE DATE: This Statement is

rescinded effective June 25, 1996.

FOR FURTHER INFORMATION CONTACT:

Robert F. Storch, Chief, Accounting

Section, Division of Supervision, (202)

898–8906, or H. Andrea Gribble, Senior

Counsel, Legal Division, (202) 736–

3047, FDIC, 550 17th Street, NW.,

Washington, D.C. 20429.

SUPPLEMENTARY INFORMATION: The FDIC

is conducting a systematic review of its

regulations and written policies. Section

303(a) of the CDRI Act (12 U.S.C.

4803(a)) requires each federal banking

agency to streamline and modify its

regulations and written policies in order

to improve efficiency, reduce

unnecessary costs, and eliminate

unwarranted constraints on credit

availability. Section 303(a) also requires

each federal banking agency to remove

inconsistencies and outmoded and

duplicative requirements from its

regulations and written policies.

As part of this review, the FDIC has

determined that the Statement is

outmoded, and that the FDIC’s written

policies can be streamlined by its

elimination.

The Statement was published on July

12, 1976 (41 FR 28583). One of the

purposes of the Statement was to extend

the submission deadline for Reports of

Condition from ten to 30 days after the

report date because the FDIC’s Board of

Directors (Board) had determined that

FDIC-supervised banks needed

additional time to complete these

reports. The Board also determined that

the submission deadline for the Reports

of Condition and the Reports of Income

should be the same. Another purpose of

the Statement was to announce that, by

mutual agreement of the FDIC

Chairman, the Comptroller of the

Currency, and the Chairman of the

Federal Reserve Board, the dates as of

which Call Reports must be prepared

each year would be March 31, June 30,

September 30, and December 31.

Previously, banks had been required to

prepare their first and third Call Reports

of each year as of varying dates that

were other than March 31 and

September 30. Finally, the Statement

recited the statutory penalty that was

then in effect for failing to file the

Report of Condition by the submission

deadline.

Subsequent to the issuance of the

Statement, in 1978, Congress created the

FFIEC, of which the FDIC is a member.

Section 1006(c) of the FFIEC Act

requires the FFIEC to develop uniform

reporting standards for federallysupervised financial institutions. In

1988, the FFIEC took final action to

define the term ‘‘submission date’’ for

the Call Reports and to establish specific

deadlines for submitting these reports

by various delivery methods (53 FR

32104). This action was preceded by the

FFIEC’s solicitation of public comments

on these matters (53 FR 11558). The

FFIEC carefully considered the

comments that were received before

making its final decision. The definition

of the term ‘‘submission date’’ and the

specific deadlines themselves, as well as

the calendar quarter-end report dates,

have been incorporated into the

Instructions—Consolidated Reports of

Condition and Income issued by the

FFIEC. Thus, the information in the

policy statement on the timing for

submitting Call Reports is no longer

entirely accurate. Amending the policy

statement would serve little purpose.

Efforts are currently under way to

amend the FDIC’s Rules and Regulations

to reflect the submission deadlines. The

FDIC believes that it would be

redundant for information that will be

covered by regulation and is fully

explained in the Call Report

instructions to be repeated in a policy

statement.

Section 911(c) of the Financial

Institutions Reform, Recovery, and

Enforcement Act of 1989 amended

section 7(a)(1) of the Federal Deposit

Insurance Act (12 U.S.C. 1817(a)(1)) to

increase the statutory penalty for a

bank’s failure to file the Call Report on

time to amounts in excess of the amount

cited in the Statement. The civil money

penalties that the FDIC currently may

assess for the late filing of a Call Report

or the filing of a false or misleading Call

Report are also described in section

308.132(c)(2) of the FDIC’s Rules and

Regulations (12 C.F.R. § 308.132(c)(2)).

The FDIC believes that it is unnecessary

for a policy statement to restate

penalties that are clearly set forth in its

regulations.

For the above reasons, the Statement

is hereby rescinded.

By order of the Board of Directors.

Dated at Washington, D.C., this 17th day of

June, 1996.

Federal Deposit Insurance Corporation.

Robert E. Feldman,

Deputy Executive Secretary.

[FR Doc. 96–16197 Filed 6–24–96; 8:45 am]

BILLING CODE 6714–01–P

FEDERAL EMERGENCY

MANAGEMENT AGENCY

[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: June 14, 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:

Champaign County for Individual Assistance

and Hazard Mitigation.

(Catalog of Federal Domestic Assistance No.

83.516, Disaster Assistance.)

William C. Tidball,

Associate Director, Response and Recovery

Directorate.

[FR Doc. 96–16136 Filed 6–24–96; 8:45 am]

BILLING CODE 6718–02–P