46668 Federal Register / Vol. 82, No. 193 / Friday, October 6, 2017 / Rules and Regulations 

for unrestricted use at the time of 

license termination. Two bases for this 

confidence are that no new legacy sites 

have been identified since the NRC’s 

financial assurance regulations were 

promulgated in 1988, and no sites have 

had to make adjustments to their 

decommissioning funds due to the 

identification of significant residual 

radioactivity since implementation of 

the DPR. 

The staff also found in SECY–16–0121 

that residual radioactivity detected to 

date has been limited mostly to onsite 

areas, and there has not been a 

significant impact on public health and 

safety. Under current regulations, this is 

unlikely to change. In addition to 

complying with applicable dose 

standards, for example, licensees also 

must comply with the requirement in 10 

CFR 20.1101(b) to ‘‘use, to the extent 

practical, procedures and engineering 

controls . . . to achieve . . . doses to 

members of the public as low as 

reasonably achievable (ALARA).’’ By 

requiring public doses to be ALARA, 

existing NRC regulations provide ample 

assurance that the need for a prompt 

remediation rule is unlikely to grow 

with time. 

Based on these considerations, earlier 

assessments, and its conclusions from 

the 2 additional years of operating 

experience, the NRC staff in SECY–16– 

0121 recommended that further work on 

a prompt remediation rule be 

discontinued. On December 21, 2016, in 

SRM–SECY–16–0121 (ADAMS 

Accession No. ML16356A583), the 

Commission accepted the staff’s 

recommendation. 

From the staff’s evaluation of how 

licensees are complying with the DPR 

and other NRC regulations limiting 

doses to members of the public, the 

Commission has determined that 

licensees are operating their facilities to 

minimize leaks and spills, monitor for 

residual radioactivity, adjust 

decommissioning funding to account for 

residual surface and subsurface 

radioactivity, and maintain doses to the 

public within regulatory limits, 

including ALARA requirements. 

Compliance with these regulations 

protects public health and safety and 

significantly reduces the potential for 

additional legacy sites. 

III. Availability of Documents 

The documents identified in the 

following table are available to 

interested persons through one or more 

of the following methods, as indicated. 

Document 

ADAMS 

Accession No./ 

Federal Register 

citation 

Decommissioning Planning; Proposed Rule (January 22, 2008) ........................................................................................... 73 FR 3812 

Decommissioning Planning; Final Rule (June 17, 2011) ........................................................................................................ 76 FR 35512 

SRM—SECY–07–0177—Proposed Rule: Decommissioning Planning .................................................................................. ML073440549 

Draft Proposed Technical Basis For Prompt Remediation, Rev. 4 ........................................................................................ ML111580353 

FEDERAL REGISTER document ‘‘Consideration of Rulemaking to Address Prompt Remediation of Residual Radioactivity 

During Operations.’’ (July 18, 2011).

76 FR 42074 

Draft Technical Basis For Prompt Remediation, Rev. 3 ......................................................................................................... ML120190685 

SRM–SECY–12–0046, ‘‘Options for Revising the Regulatory Approach to Groundwater Protection’’ .................................. ML121450704 

SECY–13–0108, ‘‘Staff Recommendations for Addressing Remediation of Residual Radioactivity During Operations’’ ...... ML13217A230

SRM–SECY–13–0108 ‘‘Staff Recommendations For Addressing Remediation Of Residual Radioactivity During Operations’’.ML13354B759 

Nuclear Energy Institute, NEI 07–07, ‘‘Industry Groundwater Protection Initiative’’ ............................................................... ML072610036 

SECY–16–0121, ‘‘Staff Recommendations For Rulemaking To Address Remediation Of Residual Radioactivity During 

Operation’’.

ML16235A298 

SRM–SECY–16–0121, ‘‘Staff Recommendations For Rulemaking To Address Remediation Of Residual Radioactivity 

During Operation’’.

ML16356A583 

IV. Conclusion 

The NRC is no longer pursuing 

revisions to its regulations in 10 CFR 

part 20 for the reasons discussed in this 

document. In the next edition of the 

Unified Agenda, the NRC will update 

the entry for this rulemaking activity 

and reference this document to indicate 

that it is no longer being pursued. This 

rulemaking activity will appear in the 

‘‘Completed Actions’’ section of that 

edition of the Unified Agenda, but will 

not appear in future editions. If the NRC 

decides to pursue similar or related 

rulemaking activities in the future, it 

will inform the public through a new 

rulemaking entry in the Unified Agenda. 

Dated at Rockville, Maryland, this 2nd day 

of October 2017. 

For the Nuclear Regulatory Commission. 

Annette L. Vietti-Cook, 

Secretary of the Commission. 

[FR Doc. 2017–21546 Filed 10–5–17; 8:45 am] 

BILLING CODE 7590–01–P 

FEDERAL RESERVE SYSTEM 

12 CFR Chapter II 

[Docket No. OP–1572] 

Policy on Payment System Risk 

AGENCY: Board of Governors of the 

Federal Reserve System. 

ACTION: Policy statement. 

SUMMARY: The Board of Governors of the 

Federal Reserve System (Board) has 

revised part II of the Federal Reserve 

Policy on Payment System Risk (PSR 

policy) related to the transaction posting 

times used for measuring balances 

intraday in institutions’ accounts at the 

Federal Reserve Banks (Reserve Banks) 

to conform to amendments to 

regulations governing the use of the 

Automated Clearing House (ACH) 

Network by Federal agencies announced 

by the Department of the Treasury, 

Bureau of the Fiscal Service (Fiscal 

Service). Specifically, the amended 

posting rules conform to the decision of 

the Fiscal Service to allow Federal 

agencies to originate and receive sameday entries beginning September 15, 

2017. 

DATES: This policy revision is applicable 

beginning on September 15, 2017. 

FOR FURTHER INFORMATION CONTACT: 

Jeffrey D. Walker, Assistant Director 

(202–721–4559), Jason Hinkle, Manager, 

Financial Risk Management (202–912– 

7805), or Ian C.B. Spear, Senior 

Financial Services Analyst (202–452– 

3959), Division of Reserve Bank 

Operations and Payment Systems; for 

users of Telecommunication Devices for 


asabaliauskas on DSKBBXCHB2PROD with RULES
Federal Register / Vol. 82, No. 193 / Friday, October 6, 2017 / Rules and Regulations 46669 

1The Board’s PSR policy is available at https:// 

www.federalreserve.gov/paymentsystems/files/psr_

policy.pdf. 

2 80 FR 58248 (Sep. 28, 2015). NACHA, whose 

membership consists of insured financial 

institutions and regional payment associations, 

establishes network-wide ACH rules through its 

Operating Rules and Guidelines. As an ACH 

operator, the Reserve Banks, through Operating 

Circular 4, incorporate NACHA’s Operating Rules 

and Guidelines as rules that govern clearing and 

settlement of commercial ACH items by the Reserve 

Banks, except for those provisions specifically 

excluded in the Operating Circular. 

3The Fiscal Service amended part 210 to address 

changes to the NACHA Operating Rules, including 

NACHA’s same-day amendments. See 82 FR 42597 

(Sep. 11, 2017). Part 210 governs the use of ACH 

by Federal agencies and incorporates the NACHA 

Operating Rules, with certain exceptions. 

4 31 CFR 210.2(d)(7) (as amended Sept. 11, 2017). 

5With the exception of paper returns and paper 

notifications of change of prior-dated items that 

only post at 5:00 p.m.; and paper returns of sameday forward items that only post at 5:30 p.m. 

Institutions that are monitored in real time must 

fund the total amount of their commercial ACH 

credit originations in order for the transactions to 

be processed. If the Federal Reserve receives 

commercial ACH credit transactions from 

institutions monitored in real time after the 

scheduled close of the Fedwire Funds Service, 

these transactions will be processed at 12:30 a.m. 

the next business day, or by the ACH deposit 

deadline, whichever is earlier. The Account 

Balance Monitoring System provides intraday 

account information to the Reserve Banks and 

institutions and is used primarily to give authorized 

Reserve Bank personnel a mechanism to control 

and monitor account activity for selected 

institutions. For more information on ACH 

transaction processing, refer to the ACH Settlement 

Day Finality Guide available through the Federal 

Reserve Financial Services Web site at http://

www.frbservices.org. 

6For the three commercial check transaction 

posting times, the Reserve Banks will post credits 

and debits to institutions’ accounts for checks 

deposited and presented, respectively, at least 30 

minutes before the posting time. 

7The Reserve Banks will identify and notify 

institutions with Treasury-authorized penalties on 

Thursdays. In the event that Thursday is a holiday, 

the Reserve Banks will identify and notify 

institutions with Treasury-authorized penalties on 

the following business day. Penalties will then be 

posted on the business day following notification. 

8With the exception of paper returns and paper 

notifications of change (NOCs) of prior-dated items 

that only post at 5:00 p.m.; paper returns of sameday forward items that only post at 5:30 p.m.; and 

FedLine Web returns and FedLine Web NOCs that 

only post at 8:30 a.m. and 5:00 p.m., depending on 

when the item is received by Reserve Banks. 

9With the exception of paper returns of same-day 

forward items that only post at 5:30 p.m. 

10With the exception of paper returns and paper 

notifications of change (NOCs) of prior-dated items 

that only post at 5:00 p.m.; and FedLine Web 

returns and FedLine Web NOCs that only post at 

8:30 a.m. and 5:00 p.m., depending on when the 

item is received by Reserve Banks. 

the Deaf (TDD) only, contact 202–263– 

4869; Board of Governors of the Federal 

Reserve System, 20th and C Streets 

NW., Washington, DC 20551. 

SUPPLEMENTARY INFORMATION: 

Background 

The Board’s PSR policy establishes 

the procedures for measuring balances 

intraday in institutions’ accounts at the 

Reserve Banks by setting forth the times 

at which credits and debits for various 

types of transactions are posted to those 

accounts (‘‘the posting rules’’).1 The 

application of these posting rules 

determines an institution’s intraday 

account balance and whether it has 

incurred a negative balance (daylight 

overdraft). 

On September 23, 2015, the Board 

approved enhancements to the Reserve 

Banks’ FedACH® SameDay Service 

(FedACH SameDay Service) in light of 

amendments to NACHA—The 

Electronic Payments Association’s 

Operating Rules and Guidelines.2 The 

NACHA amendments, as incorporated 

into Operating Circular 4, become 

effective in three phases, beginning with 

same-day credits in September 2016, 

same-day debits in September 2017, and 

faster funds availability in March 2018. 

Next-day settlement remains available. 

The Board is revising the PSR policy’s 

posting rules for same-day ACH 

transactions to conform to amendments 

to 31 CFR part 210 (part 210) announced 

on September 11, 2017 by Fiscal 

Service.3 Specifically, the amended 

posting rules conform to the decision of 

the Fiscal Service to allow Federal 

agencies to originate and receive sameday entries beginning September 15, 

2017.4

Policy on Payment System Risk 

The Federal Reserve Policy on 

Payment System Risk, section II.A, 

under the heading ‘‘Procedures for 

Measuring Daylight Overdrafts’’ and the 

subheadings ‘‘Post at 8:30 a.m. eastern 

time,’’ ‘‘Post by 1:00 p.m. eastern time,’’ 

‘‘Post at 5:00 p.m. eastern time,’’ and 

‘‘Post at 5:30 p.m. eastern time,’’ is 

amended as follows: 

Post at 8:30 a.m. eastern time: 

+/¥ Term deposit maturities and 

accrued interest 

+/¥ Government and commercial 

ACH transactions, including return 

items 5

+/¥ Commercial check transactions, 

including returned checks 6

+ Treasury checks, postal money 

orders, local Federal Reserve Bank 

checks, and savings bond 

redemptions in separately sorted 

deposits; these items must be 

deposited by the latest applicable 

deposit deadline preceding the 

posting time 

+ Advance-notice Treasury 

investments 

¥ Penalty assessments for tax 

payments from the Treasury 

Investment Program (TIP).7

Post by 1:00 p.m. eastern time: 

+/¥ Commercial check transactions, 

including returned checks 

+/¥ Government and commercial 

FedACH SameDay Service 

transactions, including return 

items 8

+ Same-day Treasury investments. 

Post at 5:00 p.m. eastern time: 

+/¥ Government and commercial 

FedACH SameDay Service 

transactions, including return 

items 9

+ Treasury checks, postal money 

orders, and savings bond 

redemptions in separately sorted 

deposits; these items must be 

deposited by the latest applicable 

deposit deadline preceding the 

posting time 

+ Local Federal Reserve Bank checks; 

these items must be presented 

before 3:00 p.m. eastern time 

Post at 5:30 p.m. eastern time: 

+/¥ Government and commercial 

FedACH SameDay Service return 

transactions 10

+/¥ Commercial check transactions, 

including returned checks 

By order of the Board of Governors of the 

Federal Reserve System, acting through the 

Director of the Division of Reserve Bank 

Operations and Payment Systems under 

delegated authority, October 3, 2017. 

Ann E. Misback, 

Secretary of the Board. 

[FR Doc. 2017–21602 Filed 10–5–17; 8:45 am] 

BILLING CODE P 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

14 CFR Part 39 

[Docket No. FAA–2017–0254; Product 

Identifier 2017–NE–10–AD; Amendment 39– 

19066; AD 2017–20–09] 

RIN 2120–AA64 

Airworthiness Directives; General 

Electric Company Turbofan Engines 

AGENCY: Federal Aviation 

Administration (FAA), DOT. 

ACTION: Final rule. 

SUMMARY: We are adopting a new 

airworthiness directive (AD) for all 

General Electric Company (GE) CF34–8E 

model turbofan engines. This AD was 

prompted by a report that using a 

certain repair procedure for the fan 

outlet guide vane (OGV) frame could 

alter the strength capability of the fan 

OGV frame. This AD requires 

replacement of all fan OGV frames 


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