Federal Register / Vol. 73, No. 180 / Tuesday, September 16, 2008 / Rules and Regulations 53359 

reasonably reflects compensation earned 

over the period of employment and the 

compensation involved represents a 

reasonable payment for services 

rendered; and 

(f) Any other factor the Director 

determines relevant to the facts and 

circumstances surrounding the golden 

parachute or indemnification payment, 

including but not limited to negligence, 

gross negligence, neglect, willful 

misconduct, breach of fiduciary duty, 

and malfeasance on the part of an 

entity-affiliated party. 

Dated: September 11, 2008. 

James B. Lockhart, III, 

Director, Federal Housing Finance Agency. 

[FR Doc. E8–21650 Filed 9–12–08; 11:15 am] 

BILLING CODE 8070–01–P 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

14 CFR Part 73 

[Docket No. FAA–2008–0939; Airspace 

Docket No. 08–ASW–7] 

RIN 2120–AA66 

Change of Using Agency for Restricted 

Area R–3807, Glencoe, LA 

AGENCY: Federal Aviation 

Administration (FAA), DOT. 

ACTION: Final rule. 

SUMMARY: This action changes the using 

agency of R–3807, Glencoe, LA, from 

‘‘USAF, Southeast Air Defense Sector, 

Tyndall AFB, FL,’’ to ‘‘Western Air 

Defense Sector (WADS), McChord AFB, 

WA.’’ The FAA is taking this action in 

response to a request from the United 

States Air Force (USAF) to reflect an 

administrative change of responsibility 

for the restricted area. There are no 

changes to the boundaries; designated 

altitudes; time of designation; or 

activities conducted within the affected 

restricted area. 

DATES: Effective Dates: 0901 UTC, 

November 20, 2008. 

FOR FURTHER INFORMATION CONTACT: 

Colby Abbott, Airspace and Rules 

Group, Office of System Operations 

Airspace and AIM, Federal Aviation 

Administration, 800 Independence 

Avenue, SW., Washington, DC 20591; 

telephone: (202) 267–8783. 

SUPPLEMENTARY INFORMATION: 

History 

On March 13, 2008, the USAF 

requested that the FAA change the using 

agency for R–3807 from, ‘‘USAF, 

Southeast Air Defense Sector, Tyndall 

AFB, FL,’’ to ‘‘Western Air Defense 

Sector (WADS), McChord AFB, WA.’’ 

The USAF request was based on the 

Southeast Air Defense Sector (SEADS) 

transitioning to a new mission and the 

WADS unit assuming responsibility for 

the SEADS area of responsibility, 

including all special use airspace within 

that area. Coordination between the two 

air defense sector airspace management 

offices, as well as Houston Air Route 

Traffic Control Center, was effected 

prior to this using agency change 

request being submitted by the USAF. 

Section 73.63 of Title 14 CFR part 73 

was republished in FAA Order 7400.8P, 

effective February 16, 2008. 

The Rule 

This action amends Title 14 Code of 

Federal Regulations (14 CFR) part 73 by 

revising the using agency listed for R– 

3807, Glencoe, LA; transferring using 

agency responsibility for R–3807 from 

‘‘USAF, Southeast Air Defense Sector, 

Tyndall AFB, FL’’ to ‘‘Western Air 

Defense Sector (WADS), McChord AFB, 

WA.’’ This is an administrative change 

and does not affect the boundaries, 

designated altitudes, or activities 

conducted within the restricted area; 

therefore, notice and public procedures 

under 5 U.S.C. 553(b) are unnecessary. 

The FAA has determined that this 

regulation only involves an established 

body of technical regulations for which 

frequent and routine amendments are 

necessary to keep them operationally 

current. Therefore, this regulation: (1) Is 

not a ‘‘significant regulatory action’’ 

under Executive Order 12866; (2) is not 

a ‘‘significant rule’’ under Department of 

Transportation (DOT) Regulatory 

Policies and Procedures (44 FR 11034; 

February 26, 1979); and (3) does not 

warrant preparation of a regulatory 

evaluation as the anticipated impact is 

so minimal. Since this is a routine 

matter that will only affect air traffic 

procedures and air navigation, it is 

certified that this rule, when 

promulgated, will not have a significant 

economic impact on a substantial 

number of small entities under the 

criteria of the Regulatory Flexibility Act. 

This rulemaking is promulgated 

under the authority described in 

Subtitle VII, Part A, Subpart I, Section 

40103. Under that section, the FAA is 

charged with prescribing regulations to 

assign the use of the airspace necessary 

to ensure the safety of aircraft and the 

efficient use of airspace. This regulation 

is within the scope of that authority as 

it is amending the using agency for R– 

3807, Glencoe, LA. 

Environmental Review 

The FAA has determined that this 

action qualifies for a categorical 

exclusion under the National 

Environmental Policy Act in accordance 

with 311d., FAA Order 1050.1E, 

‘‘Environmental Impacts: Policies and 

Procedures.’’ There are no extraordinary 

circumstances that would require 

additional environmental analysis. 

List of Subjects in 14 CFR Part 73 

Airspace, Prohibited areas, Restricted 

areas. 

Adoption of the Amendment 

■ In consideration of the foregoing, the 

Federal Aviation Administration 

amends 14 CFR part 73 as follows: 

PART 73—SPECIAL USE AIRSPACE 

■ 1. The authority citation for part 73 

continues to read as follows: 

Authority: 49 U.S.C. 106(g), 40103, 40113, 

40120; E.O. 10854, 24 FR 9565, 3 CFR, 1959– 

1963 Comp., p. 389. 

§ 73.38 [Amended] 

■ 2. Section 73.38 is amended as 

follows: 

* * * * * 

R–3807 Glencoe, LA [Amended] 

Under using agency, remove ‘‘USAF, 

Southeast Air Defense Sector, Tyndall AFB, 

FL’’ and insert the words ‘‘Western Air 

Defense Sector (WADS), McChord AFB, 

WA.’’ 

* * * * * 

Issued in Washington, DC, on September 4, 

2008. 

Edith V. Parish, 

Manager, Airspace and Rules Group. 

[FR Doc. E8–21522 Filed 9–15–08; 8:45 am] 

BILLING CODE 4910–13–P 

DEPARTMENT OF THE TREASURY 

31 CFR Part 50 

RIN 1505–AB93 

Terrorism Risk Insurance Program; 

Terrorism Risk Insurance Program 

Reauthorization Act Implementation 

AGENCY: Departmental Offices, Treasury. 

ACTION: Interim final rule with request 

for comments. 

SUMMARY: The Department of the 

Treasury (Treasury) is issuing this 

interim final rule as part of its 

implementation of amendments made 

by the Terrorism Risk Insurance 

Program Reauthorization Act of 2007 

(Reauthorization Act) to Title I of the 

Terrorism Risk Insurance Act of 2002 


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