Document ID: FERC-2007-1926-0002
Agency: ferc
Document Type: Rule
Title: Elimination of FERC Form No. 423
Posted Date: 2008-03-17T04:00Z

[Federal Register: March 17, 2008 (Volume 73, Number 52)]
[Rules and Regulations]               
[Page 14173-14177]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr17mr08-4]                         

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

18 CFR Parts 141 and 385

[Docket No. RM07-18-000; Order No. 709]

 
Elimination of FERC Form No. 423

Issued: March 11, 2008.
AGENCY: Federal Energy Regulatory Commission, DOE.

ACTION: Final rule.

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SUMMARY: The Federal Energy Regulatory Commission (Commission) is 
amending its regulations to eliminate the collection of the FERC Form 
No. 423, Monthly Report of Cost and Quality of Fuels for Electric 
Plants. The Commission is eliminating collection of the FERC Form No. 
423 following the December 2007 report, which was due February 15, 
2008.

DATES: Effective Date: This rule will become effective April 16, 2008.

FOR FURTHER INFORMATION CONTACT:
Lawrence Greenfield (Legal Information), Office of General Counsel, 
Energy Markets, Federal Energy Regulatory Commission, 888 First Street, 
NE., Washington, DC 20426, (202) 502-6415, 
lawrence.greenfield@ferc.gov.
James M. Krug (Technical Information), Division of Administration, Case 
Management and Strategic Planning, Office of Energy Market Regulation, 
Federal Energy Regulatory Commission, 888 First Street, NE., 
Washington, DC 20426, (202) 502-8419, james.krug@ferc.gov.
Patricia Morris (Technical Information), Division of Administration, 
Case Management and Strategic Planning, Office of Energy Market 
Regulation, Federal Energy Regulatory Commission, 888 First Street, 
NE., Washington, DC 20426, (202) 502-8730, patricia.morris@ferc.gov.

SUPPLEMENTARY INFORMATION: Before Commissioners: Joseph T. Kelliher, 
Chairman; Suedeen G. Kelly, Marc Spitzer, Philip D. Moeller, and Jon 
Wellinghoff.

Table of Contents

                                                               Paragraph
                                                                 Nos.

I. Background...............................................           3
II. Discussion..............................................           7
III. Information Collection Statement.......................          30
IV. Environmental Analysis..................................          31
V. Regulatory Flexibility Act...............................          32
VI. Document Availability...................................          33
VII. Effective Date and Congressional Notification..........          36

    1. The Federal Energy Regulatory Commission (Commission) is 
amending its regulations, 18 CFR 141.61, to eliminate the collection of 
the FERC Form No. 423, Monthly Report of Cost and Quality of Fuels for 
Electric Plants (Form 423). The Commission is eliminating collection of 
the Form 423 following the submission of the December 2007 report, 
which was due February 15, 2008.
    2. As a separate matter, we note that Energy Information 
Administration (EIA) has expressed a need for the

[[Page 14174]]

information previously collected on Form 423 and intends to collect 
such information starting January 1, 2008, as part of its newly 
authorized EIA-923.\1\ As discussed below, however, to ensure the 
continuity of data collection, the Commission will, by separate notice, 
indicate that it will continue to collect such information if EIA is 
not prepared to begin its collection, but not beyond the December 2008 
Form 423, due in February 2009.
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    \1\ Energy Information Administration Electric Power Survey, OMB 
Control No. 1905-0129, Supporting Statement A (submitted to the 
Office of Management and Budget for review on October 4, 2007), 
available at: http://www.reginfo.gov/public/do/PRAViewDocument?ref--
nbr=200709-1905-003.
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I. Background

    3. Form 423 gathers information on the cost and quality of fuels 
delivered to steam electric generating plants of 50 MW or greater. This 
information had been used over the years for a variety of purposes, 
including: (1) To conduct fuel reviews under Federal Power Act (FPA) 
sections 205(a) and (e); \2\ (2) to address fuel costs and fuel 
purchase practices affecting public utility rates under FPA sections 
205 and 206; \3\ and (3) to detect abnormally high fuel costs in public 
utility fuel purchases indicative of affiliate preference under FPA 
sections 205 and 206.\4\
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    \2\ 16 U.S.C. 824d(a), (e).
    \3\ 16 U.S.C. 824d, 824e.
    \4\ Id.
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    4. Form 423 is submitted electronically on a monthly basis by 
approximately 190 utilities for their 569 steam electric generating 
plants.
    5. On November 2, 2007, the Commission issued a Notice of Proposed 
Rulemaking (NOPR) amending its regulations to eliminate the collection 
of the Form 423.\5\ In the NOPR, the Commission stated that the 
Commission's infrequent use of the information collected in the Form 
423 no longer justified the burden and cost of collecting it.
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    \5\ Elimination of FERC Form No. 423, 72 FR 65246 (Nov. 20, 
2007), FERC Stats. & Regs. ] 32,624 (2007).
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    6. In response to the NOPR, comments were filed by: American 
Electric Power Service Corporation (AEP); the American Public Power 
Association and the National Rural Electric Cooperative Association 
(jointly APPA and NRECA); Arch Coal, Inc. (Arch Coal); City of Santa 
Clara, California, City of Redding, California and M-S-R Public Power 
Agency (jointly Cities/M-S-R); the Edison Electric Institute (EEI); FPL 
Group, Inc. (FPL Group); the National Association of Regulatory Utility 
Commissioners (NARUC); the National Mining Association (NMA); the 
Oklahoma Corporation Commission (OCC); the South Carolina Office of 
Regulatory Staff (ORS); and the Public Utilities Commission of Ohio 
(PUCO). The commenters responded to the Commission's invitation for 
comments both on its proposal to eliminate the Form 423, and on the 
proposed date to eliminate Form 423.

II. Discussion

    7. The issuance of Order No. 888 \6\ and the electric industry's 
increasing reliance on market-based rates have created a diminished 
need for the Form 423 information. Greater use of market-based rates 
has resulted in less reliance on cost-based rates and less need to 
evaluate rates by reference to a utility's costs; market-based rates 
are not tied to the cost of providing service but instead reflect 
market conditions. In short, there are fewer public utilities with 
cost-based rates \7\ and particularly with fuel adjustment clauses as 
part of their rates. This, in turn, has resulted in fewer rate cases 
and fewer complaints filed with the Commission, and less need for Form 
423's fuel cost and quality data. Accordingly, the Commission will no 
longer collect the Form 423; the reduced need for Form 423's data no 
longer justifies continued collection of Form 423. Moreover, should the 
Commission have a need for information concerning fuel costs and 
purchases in the future, it can obtain such information on a case-by-
case basis through special reports, investigations, data requests or 
formal proceedings.\8\
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    \6\ Promoting Wholesale Competition Through Open Access Non-
discriminatory Transmission Services by Public Utilities; Recovery 
of Stranded Costs by Public Utilities and Transmitting Utilities, 
Order No. 888, 61 FR 21540 (May 10, 1996), FERC Stats. & Regs. ] 
31,036 (1996), order on reh'g, Order No. 888-A, 62 FR 12274 (Mar. 
14, 1997), FERC Stats. & Regs. ] 31,048 (1997), order on reh'g, 
Order No. 888-B, 81 FERC ] 61,248 (1997), order on reh'g, Order No. 
888-C, 82 FERC ] 61,046 (1998), aff'd in relevant part sub nom. 
Transmission Access Policy Study Group v. FERC, 225 F.3d 667 (D.C. 
Cir. 2000), aff'd sub nom. New York v. FERC, 535 U.S. 1 (2002).
    \7\ A review of data from the Electric Quarterly Reports for 
calendar year 2006 indicates that market-based power sales 
constituted 90 percent of jurisdictional power sales (reported as 
energy sales and booked out transactions).
    \8\ See, e.g., 16 U.S.C. 825e, 825f.
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    8. In contrast to the Commission's lack of need for the 
information, EIA, in its collection statement to the Office of 
Management and Budget (OMB), stated that ``EIA has multiple uses for 
the data and requests approval to collect it.'' Presently, EIA collects 
similar information from non-utility generators and, as explained in 
EIA's collection statement to OMB, adding to it information from 
Commission-jurisdictional public utilities would, for the first time, 
capture all such data on one form for the entire industry. EIA further 
proposed to merge the combined Form 423 data collection with 
information from three other existing EIA data collections (EIA-906, 
EIA-920, and EIA-767), in an effort to improve data quality, 
consistency and reporting efficiency. The result, EIA stated, would be 
a new survey, the EIA-923.\9\ EIA received OMB approval to collect the 
EIA-923 on December 21, 2007.\10\
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    \9\ Energy Information Administration Electric Power Survey, OMB 
Control No. 1905-0129, Supporting Statement A (submitted to the 
Office of Management and Budget for review on October 4, 2007), 
available from: http://www.reginfo.gov/public/do/
PRAViewDocument?ref--nbr=200709-1905-003.
    \10\ EIA received final approval from OMB to collect the 
information through EIA-923 in a Notice of Office of Management and 
Budget Action dated December 21, 2007.
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    9. The Commission's decision to stop collecting the Form 423 data 
is not tied to EIA's decision to collect this data. However, to ensure 
continuity of the data collection, the Commission will coordinate with 
EIA. EIA anticipates beginning the collection of its EIA-923 starting 
with the January 2008 report, and so the Commission will end its 
collection of the Form 423 information with the December 2007 report, 
which was due February 15, 2008. However, if EIA is not prepared to 
collect the information, to prevent a gap in data collection, the 
Commission will continue to collect the data until EIA begins its 
collection, but not beyond the December 2008 report, due in February 
2009.
    10. Should EIA begin its collection of EIA-923 data effective 
January 2008, the Commission will issue a separate notice announcing 
that it has ceased collection of the Form 423 effective after the 
December 2007 report. Should EIA not begin its collection at that time, 
the Commission will issue a separate notice announcing that it will 
continue collection of the Form 423.

A. Elimination of the Form 423

Comments
    11. Three commenters, EEI, FPL Group, and the OCC, support the 
Commission's proposal to discontinue collecting the Form 423. All three 
claim that the Form 423 imposes a substantial burden on the regulated 
community.
    12. Eight commenters opposed the Commission's proposal to eliminate 
the Form 423. State commissions and regulatory offices \11\ argue that 
they need the Form 423 information in a timely manner to do their work. 
NARUC argues

[[Page 14175]]

that the Form 423 information helps to facilitate state commission 
efforts to assure efficient use and pricing of fuels. PUCO states that 
it has an essential need for timely receipt of Form 423 data and that 
the timeliness of the Commission's data collection and posting allows 
it to efficiently conduct electric fuel cost reviews, address electric 
utility fuel costs and fuel purchase practices, detect abnormally high 
fuel costs, calculate electric rates based on fuel costs, and properly 
respond to any energy emergency. PUCO believes the Commission's 
discontinuation of collecting Form 423 information would hinder PUCO's 
ability to effectively perform its duties. PUCO asserts that getting 
the Form 423 data only from EIA, as proposed, will result in a six-
month delay between the time the data is collected and when the data is 
published. Such a delay, PUCO believes, compromises its ability to 
conduct fuel cost reviews. The ORS states that the timeliness of the 
Form 423 information is important to the annual review of fuel costs 
and purchasing practices in South Carolina.
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    \11\ NARUC, PUCO, and ORS.
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    13. Arch Coal is concerned that the elimination of the Form 423 
will result in a significant loss of market data used by coal 
producers, transportation companies and other entities that service the 
electric industry. Arch Coal believes only power generators currently 
required to file EIA-906 and EIA-920 will be required to file the new 
EIA-923, resulting in a reduction of the sample size by 24 percent, and 
significantly degrading both the quality and value of the data. Arch 
Coal argues that data collected on EIA-923 will not be available at the 
plant level for 18 months for non-jurisdictional generators, and only 
for those plants that currently file EIA-906 and EIA-920. It believes 
this means there will be an additional time lag of more than one year, 
making it extremely difficult to use this data for business decisions. 
Arch Coal urges greater transparency in the electric power generation 
sector, which it believes promotes market competitiveness. Reducing 
data reliability and timeliness hinders market efficiency.
    14. NMA feels the Commission may be dropping collection of vital 
information at a time when the need for this data is escalating. NMA 
further contends that, should EIA subsequently discontinue its EIA-923 
due to budget constraints, the Commission will need to reestablish 
collection of the Form 423 data. NMA adds that the data EIA will 
collect in EIA-923 will be sample data, rather than the more inclusive 
plant data the Commission currently collects. NMA believes this 
methodology will result in a material reduction in the number of 
reporting plants. Further, there are no guarantees that EIA will make 
plant-level information available to the public as in the past. NMA 
argues that without public access to this information, complaints 
against generators cannot be filed.
    15. AEP suggests that, should responsibility for the data 
collection be transferred, EIA should use the same or similar filing 
procedures for its EIA-923 as those employed by the Commission for its 
Form 423 data. AEP is concerned that the technological advances made by 
the Commission with respect to the collection of the data may not be 
maintained by EIA.
    16. APPA and NRECA state that the Commission has an obligation to 
ensure that cost-based rates are just and reasonable, and that the 
Commission's reliance on other means to gather data under specific 
circumstances or on a case-by-case basis is not sufficient to protect 
customers. APPA and NRECA also assert the Commission itself needs the 
information for its ongoing market oversight. Customers also need 
access to the data on an ongoing basis in order to have sufficient 
information to protect their own interests through filing a complaint 
with the Commission. Furthermore, APPA and NRECA are concerned that the 
Commission has not gone far enough in its commitment to maintain the 
availability of the data. They note that EIA has made changes to its 
data collection programs in the past after EIA has cited budget 
constraints and that these changes were detrimental to the quality and 
availability of industry data. Further, APPA and NRECA claim the 
Commission must take an active role in ensuring that EIA receives 
sufficient funding to continue its collection of the data that is 
currently in Form 423. If EIA decides to stop collecting the Form 423 
data in its EIA-923, APPA and NRECA assert the Commission must step in 
and resume its collection of the information. Cities/M-S-R state that 
the Commission should continue to collect Form 423 data.
Commission Response
    17. As explained above, the Commission's infrequent use of the Form 
423 data no longer justifies the burden and cost of the Commission 
collecting the data. While others may have their own particular 
proprietary reasons for this data,\12\ the Commission's collection of 
information is driven by the Commission's needs and the Commission no 
longer needs Form 423's fuel cost and quality data.\13\ The arguments 
put forth by the eight commenters opposing the Commission's proposal 
thus do not provide sufficient reasons for the Commission to continue 
collecting the data; the Commission does not need this data on an 
ongoing basis.
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    \12\ E.g., state commission review of retail rates, state 
commission review of fuel purchasing practices, and coal industry 
analysis of coal markets.
    \13\ We are not aware of any reason why a state commission that 
needs such data from utilities it regulates, or associated 
companies, cannot obtain such data from them. 16 U.S.C. 824(g); 42 
U.S.C. 16453.
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    18. Despite our elimination of the Form 423, the public will still 
have access to this data. EIA has taken the initiative to continue 
collection and has received OMB authorization to do so. The generator 
data to be collected by EIA on Schedules 1 and 2 of its new EIA-923 is 
the same as the generator data collected in the Form 423 (with the 
exception of one item--the coal district number--which was eliminated). 
Furthermore, EIA will be making EIA-923 data available on its Web site 
for both Commission-jurisdictional and non-jurisdictional companies 
under a planned EIA data-collection-and-release cycle that will be 
shorter than the Form 423 data collection-and-release cycle utilized by 
the Commission.\14\ The Commission thus finds no basis for commenter 
concerns that only sample data will be collected, or about the loss of 
data or a smaller number of respondents who must file.
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    \14\ Currently, the Form 423 is due 45 days after the end of the 
month. The data is then posted to the Commission's Web site 45 days 
after the due date. The EIA-923 will be due the last day of the 
month following the reporting month and the data will be posted to 
EIA's Web site approximately 45 days after the due date, when EIA 
publishes its Electric Power Monthly for that month.
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    19. The Commission's ability to carry out its market and rate 
oversight functions will not be hindered by the elimination of the Form 
423. Current users of the Form 423 data will be readily able to 
download the same data by accessing the new EIA-923 data from EIA's Web 
site. In addition, there are other sources of data which can be 
utilized, such as Form Nos. 1 and 3-Q, which will give them access to 
information they may need to protect their interests should they wish 
to file a complaint with the Commission. As a result, elimination of 
Form 423 should not hinder the Commission's ability to carry out its 
market and rate oversight functions. AEP's suggestion that EIA consider 
Commission methodologies in its EIA-923 software should be addressed to 
EIA.

[[Page 14176]]

    20. Commenter concerns about future EIA funding levels and their 
impact on EIA data collections are speculative and, in any event, are 
beyond the scope of this rulemaking.

B. Date of Elimination of the Form 423

Comments
    21. EEI, NARUC, OCC, and Cities/M-S-R argue that the Commission 
should continue to collect the information contained in Form 423 until 
EIA is prepared to take over these duties, so there is no gap in 
information collection. NARUC and Cities/M-S-R both add that, if 
necessary, this data collection should continue beyond the Commission 
deadline of December 2008.
Commission Response
    22. As noted above, the Commission intends to coordinate its 
elimination of Form 423 with EIA's collection of EIA-923. The 
Commission will continue collection of Form 423 should EIA not be able 
to begin its collection program as proposed, but not beyond December 
2008; the Commission is currently authorized by OMB to collect Form 423 
data only through December 2008. Moreover, EIA has received OMB 
authorization to begin collecting EIA-923.\15\ Therefore, the 
Commission disagrees with EEI, NARUC, OCC, and Cities/M-S-R that there 
is a need to extend its collection of, and to obtain additional OMB 
authorization to collect, Form 423 beyond December 2008.
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    \15\ Notice of Office of Management and Budget Action (December 
21, 2007) (OMB Control No. 1905-0129).
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C. Other Issues

Comment
    23. Commenters raise various issues largely related to the type and 
timing of information to be collected by EIA.
    24. PUCO claims Form 423 data should be updated to include 
renewable and intermittent resources.\16\ The OCC, while it supports 
the Commission in its suggestion not to require additional reporting, 
proposes that ``state commissions [be] notified of additional reviews 
or requests about individual public utilities' information that are in 
the respective state commission's jurisdiction.''
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    \16\ If the Commission determines that it has additional data 
needs related to renewable and intermittent resources, those data 
needs will be addressed in a separate proceeding.
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    25. FPL Group does not support EIA's proposal to institute a 
mandatory collection of this information in its EIA-923. FPL Group 
argues that, absent a greater showing of need for this information by 
the EIA, providing such information should be voluntary.
    26. EEI encourages the Commission to recognize that the fuel cost, 
quantity, and other information reported in the Form 423 is 
commercially sensitive, and asks that EIA treat this same information 
as confidential and not release it in a disaggregated form that 
discloses company and plant level information or even state or regional 
information because that can compromise negotiations and prices in 
particular markets.
    27. NARUC urges the Commission to join it in requesting that EIA 
preserve the existing reporting schedule to ensure the usefulness of 
the information collected. NARUC is concerned that EIA proposes to 
collect the same data using a six month rather than a two month lag 
period. NARUC contends a six month delay would significantly reduce the 
usefulness of the information and would undermine the ability of state 
commissions to effectively use this information in conducting fuel cost 
reviews.
    28. AEP states the proposed submission deadline for EIA-923 should 
be lengthened. AEP is concerned about the shorter submission time that 
is proposed by the EIA, noting that the Commission allowed forty-five 
days after the close of the previous month to submit the data requested 
in Form 423 whereas under EIA-923 the time is shortened to thirty days 
after the last day of the prior month. AEP argues it is a large, multi-
state utility operating in eleven states, and shortening the time for 
submission of data by fifteen days will not allow AEP enough time to 
gather all of the information from various resources and submit the 
data in a timely fashion. AEP claims this situation will be exacerbated 
if the efficiencies in the filing methods employed by the Commission 
are not adopted by the EIA. AEP also states a testing period should be 
established in order to ensure both utility and EIA preparedness.
Commission Response
    29. The Commission is eliminating the collection of the Form 423 
data. The concerns raised by PUCO, OCC, FPL Group, EEI, NARUC, and AEP 
are concerns that instead should be brought to the attention of EIA. 
Thus, issues about EIA's mandatory collection of fuel cost and quality 
data, whether to include renewable and intermittent resource data, the 
confidentiality of data, the timing of the submission of data, and the 
need for a testing period are issues that should be brought to the 
attention of EIA. The OCC's request that state commissions be notified 
of ``additional reviews or requests'' is beyond the scope of this 
rulemaking.

III. Information Collection Statement

    30. The Office of Management and Budget (OMB) regulations require 
that OMB approve certain reporting and record keeping (information 
collections) imposed by an agency. Here, the Commission is proposing to 
cease collecting certain information. Nevertheless, OMB has been 
notified of the Commission's proposed actions in this case. The 
Commission will submit a copy of the Final Rule to inform OMB of its 
actions to discontinue the collection of this information and the 
resulting alleviation of burden imposed on the public.

IV. Environmental Analysis

    31. Commission regulations require that an environmental assessment 
or an environmental impact statement be prepared for any Commission 
action that may have a significant adverse effect on the human 
environment.\17\ No environmental consideration is necessary for the 
promulgation of a rule that involves information gathering, analysis, 
and dissemination.\18\ This Final Rule eliminates a data collection. 
Consequently, neither an environmental impact statement nor an 
environmental assessment is required.
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    \17\ Regulations Implementing National Environmental Policy Act, 
52 FR 47897 (Dec. 17, 1987), FERC Stats. & Regs. ] 30,783 (1987).
    \18\ 18 CFR 380.4(a)(5).
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V. Regulatory Flexibility Act

    32. The Regulatory Flexibility Act of 1980 (RFA) \19\ generally 
requires either a description and analysis of a rule that will have a 
significant economic impact on a substantial number of small entities 
or a certification that the rule will not have a significant economic 
impact on a substantial number of small entities. Most utilities to 
which this Final Rule applies would not fall within the RFA's 
definition of small entity.\20\ Moreover, elimination of the Form 423 
will reduce the burden on all entities, including small entities. 
Consequently, the

[[Page 14177]]

Commission certifies that this Final Rule will not have a significant 
economic impact on a substantial number of small entities.
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    \19\ 5 U.S.C. 601-12.
    \20\ 5 U.S.C. 601(3), citing to section 3 of the Small Business 
Act, 15 U.S.C. 632. Section 3 of the Small Business Act defines a 
``small business concern'' as a business that is independently owned 
and operated and that is not dominant in its field of operation. The 
Small Business Size Standards component of the North American 
Industry Classification System (NAICS) defines a small electric 
utility as one that, including its affiliates, is primarily engaged 
in the generation, transmission, and/or distribution of electric 
energy for sale and whose total electric output for the preceding 
fiscal year did not exceed four million MWh. 13 CFR 121.201.
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VI. Document Availability

    33. In addition to publishing the full text of this document in the 
Federal Register, the Commission provides all interested persons an 
opportunity to obtain this document via the Internet through the 
Commission's Home Page (http://www.ferc.gov) and from its Public 
Reference Room during normal business hours (8:30 a.m. to 5 p.m. 
Eastern time) at 888 First Street, NE., Room 2A, Washington, DC 20426.
    34. From the Commission's Home Page on the Internet, the full text 
of this document is available in the Commission's document management 
system, eLibrary, in PDF and Microsoft Word format for viewing, 
printing, and downloading. To access this document in eLibrary, type 
the docket number (excluding the last three digits of the docket 
number), in the Docket Number field.
    35. User assistance is available for eLibrary and the Commission's 
Web site during normal business hours. For assistance, please contact 
FERC Online Support at (202) 502-6652 (toll-free at 1-866-208-3676), e-
mail fercon-linesupport@ferc.gov, or contact the Public Reference Room 
at (202) 502-8371, TTY (202) 502-8659, e-mail: 
public.referenceroom@ferc.gov.

VII. Effective Date and Congressional Notification

    36. These changes in the regulations are effective April 16, 2008. 
The Commission has determined, with the concurrence of the 
Administrator of the Office of Information and Regulatory Affairs of 
OMB that this rule is not a ``major rule'' as defined in section 351 of 
the Small Business Regulatory Enforcement Fairness Act of 1996.\21\
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    \21\ 5 U.S.C. 804(2).
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List of Subjects

18 CFR Part 141

    Electric power, Reporting and recordkeeping requirements.

18 CFR Part 385

    Administrative practice and procedure, Electric power, Penalties, 
Pipelines, Reporting and recordkeeping requirements.

By the Commission.
Kimberly D. Bose,
Secretary.

0
In consideration of the foregoing, the Commission amends parts 141 and 
385, Chapter I, Title 18, Code of Federal Regulations, as follows:

PART 141--STATEMENTS AND REPORTS (SCHEDULES)

0
1. The authority citation for part 141 continues to read as follows:

    Authority: 15 U.S.C. 79; 16 U.S.C. 791a-828c, 2601-2645; 31 
U.S.C. 9701; 42 U.S.C. 7101-7352.

Sec.  141.61  [Removed and Reserved]

0
2. Section 141.61 is removed and reserved:

PART 385--RULES OF PRACTICE AND PROCEDURE

0
3. The authority citation for part 385 continues to read as follows:

    Authority: 5 U.S.C. 551-557; 15 U.S.C. 717-717z, 3301-3432; 16 
U.S.C. 791a-825v, 2601-2645; 28 U.S.C. 2461; 31 U.S.C. 3701, 9701; 
42 U.S.C. 7101-7352, 16441, 16451-16463; 49 U.S.C. 60502; 49 App. 
U.S.C. 1-85 (1988).

Sec.  385.2011  [Amended]

0
4. Section 385.2011, paragraph (a)(8) is removed and reserved.

 [FR Doc. E8-5251 Filed 3-14-08; 8:45 am]

BILLING CODE 6717-01-P