16624 Federal Register / Vol. 66, No. 59 / Tuesday, March 27, 2001 / Proposed Rules
performance of the functions of the
agency, including whether the
information will have practical utility;
(2) the accuracy of the agency’s estimate
of the burden of the proposed collection
of information, including the validity of
the methodology and assumptions used;
(3) ways to enhance the quality, utility,
and clarity of the information to be
collected; and (4) ways to minimize the
burden of the collection of information
on those who are to respond, including
the use of appropriate automated,
electronic, mechanical, or other
technological collection techniques or
other forms of information technology.
Comments should reference OMB No.
0581-NEW and the California raisin
marketing order, and be sent to USDA
in care of the Docket Clerk at the
previously mentioned address. All
comments received will be available for
public inspection during regular
business hours at the same address.
All responses to this notice will be
summarized and included in the request
for OMB approval. All comments will
also become a matter of public record.
A 60-day comment period is provided
to allow interested persons to respond
to this proposal.
List of Subjects in 7 CFR Part 989
Grapes, Marketing agreements,
Raisins, Reporting and recordkeeping
requirements.
For the reasons set forth in the
preamble, 7 CFR part 989 is proposed to
be amended as follows:
PART 989—RAISINS PRODUCED
FROM GRAPES GROWN IN
CALIFORNIA
1. The authority citation for 7 CFR
part 989 continues to read as follows:
Authority: 7 U.S.C. 601–674.
2. In § 989.173, paragraph (d)(1)(iii) is
revised, paragraphs (g), (h), and (i) are
redesignated as paragraphs (h), (i), and
(j), and a new paragraph (g) is added to
read as follows:
§ 989.173 Reports.
* * * * *
(d) * * *
(1) * * *
(iii) The varietal type of raisin, with
organically produced raisins as
specified in paragraph (g) of this section
separated out, net weight, and condition
of the raisins transferred; and
* * * * *
(g) Organically produced raisins. For
purposes of this section, organically
produced raisins means raisins that
have been certified by an organic
certification organization currently
registered with the California
Department of Food and Agriculture.
Handlers of such raisins shall submit
the following reports to the Committee.
(1) Inventory report of organically
produced raisins. Each handler shall
submit to the Committee by the close of
business on July 31 of each crop year,
and not later than the following August
6, on an appropriate form provided by
the Committee, a report showing, with
respect to the organically produced
raisins held by such handler:
(i) The quantity of free tonnage
raisins, segregated as to locations where
they are stored and whether they are
natural condition or packed;
(ii) The quantity of reserve tonnage
raisins held for the account of the
Committee;
(iii) The quantity of off-grade raisins
segregated as to those for reconditioning
and those for disposition as such.
(2) Acquisition report of organically
produced standard raisins. Each
handler shall submit to the Committee
for each week (Sunday through
Saturday or such other 7-day period for
which the handler has submitted a
proposal to and received approval from
the Committee) and not later than the
following Wednesday, on an
appropriate form provided by the
Committee, a report showing the
following:
(i) The total net weight of the standard
raisins acquired during the reporting
period, segregated when appropriate, as
to free tonnage and reserve tonnage;
(ii) The location of the reserve
tonnage; and
(iii) The cumulative totals of such
acquisitions (as so segregated) from the
beginning of the current crop year.
(iv) Upon request of the Committee,
each handler shall provide copies of the
organic certificate(s) applicable to the
quantity of raisins reported as acquired.
(3) Disposition report of organically
produced raisins. No later than the
seventh day of each month, handlers
who are not processors shall submit to
the Committee, on an appropriate form
provided by the Committee, a report
showing the aggregate quantity of free
tonnage packed raisins and standard
natural condition raisins which were
shipped or otherwise disposed of by
such handler during the preceding
month (exclusive of transfer within the
State of California between the plants of
any such handler and from such handler
to other handlers). Such information
shall include:
(i) Domestic outlets (exclusive of
Federal government purchases)
according to the quantity shipped in
consumer cartons, the quantity of bags
having a net weight content of 4 pounds
or less, and the quantity shipped in bulk
packs (including, but not limited to
those in bags having a net weight
content of more than 4 pounds);
(ii) Federal government purchases;
(iii) Export outlets according to
quantity shipped in consumer cartons,
the quantity shipped in bags having a
net weight of 4 pounds or less, and the
quantity shipped in bulk packs
(including, but not limited to, those in
bags having a net weight content of
more than 4 pounds);
(iv) Export outlets, by countries of
destination; and
(v) Each of any other outlets in which
the handler disposed of such raisins
other than by any transfer which is
excluded by the preceding sentence.
* * * * *
Dated: March 21, 2001.
Kenneth C. Clayton,
Acting Administrator, Agricultural Marketing
Service.
[FR Doc. 01–7528 Filed 3–26–01; 8:45 am]
BILLING CODE 3410 –02–P
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
12 CFR Part 41
[Docket No. 01–04]
RIN 1557–AB78
FEDERAL RESERVE SYSTEM
12 CFR Part 222
[Regulation V; Docket No. R–1082]
FEDERAL DEPOSIT INSURANCE
CORPORATION
12 CFR Part 334
RIN 3064–AC35
DEPARTMENT OF THE TREASURY
Office of Thrift Supervision
12 CFR Part 571
[Docket No. 2001–17]
RIN 1550–AB33
Fair Credit Reporting Regulations on
Communication of Consumer
Information Among Affiliated
Institutions
AGENCIES: Office of the Comptroller of
the Currency, Treasury (OCC); Board of
Governors of the Federal Reserve
System (Board); Federal Deposit
Insurance Corporation (FDIC); and
Office of Thrift Supervision, Treasury
(OTS).
VerDate 11<MAY>2000 10:03 Mar 24, 2001 Jkt 194001 PO 00000 Frm 00004 Fmt 4702 Sfmt 4702 E:\FR\FM\27MRP1.SGM pfrm01 PsN: 27MRP1
performance of the functions of the
agency, including whether the
information will have practical utility;
(2) the accuracy of the agency’s estimate
of the burden of the proposed collection
of information, including the validity of
the methodology and assumptions used;
(3) ways to enhance the quality, utility,
and clarity of the information to be
collected; and (4) ways to minimize the
burden of the collection of information
on those who are to respond, including
the use of appropriate automated,
electronic, mechanical, or other
technological collection techniques or
other forms of information technology.
Comments should reference OMB No.
0581-NEW and the California raisin
marketing order, and be sent to USDA
in care of the Docket Clerk at the
previously mentioned address. All
comments received will be available for
public inspection during regular
business hours at the same address.
All responses to this notice will be
summarized and included in the request
for OMB approval. All comments will
also become a matter of public record.
A 60-day comment period is provided
to allow interested persons to respond
to this proposal.
List of Subjects in 7 CFR Part 989
Grapes, Marketing agreements,
Raisins, Reporting and recordkeeping
requirements.
For the reasons set forth in the
preamble, 7 CFR part 989 is proposed to
be amended as follows:
PART 989—RAISINS PRODUCED
FROM GRAPES GROWN IN
CALIFORNIA
1. The authority citation for 7 CFR
part 989 continues to read as follows:
Authority: 7 U.S.C. 601–674.
2. In § 989.173, paragraph (d)(1)(iii) is
revised, paragraphs (g), (h), and (i) are
redesignated as paragraphs (h), (i), and
(j), and a new paragraph (g) is added to
read as follows:
§ 989.173 Reports.
* * * * *
(d) * * *
(1) * * *
(iii) The varietal type of raisin, with
organically produced raisins as
specified in paragraph (g) of this section
separated out, net weight, and condition
of the raisins transferred; and
* * * * *
(g) Organically produced raisins. For
purposes of this section, organically
produced raisins means raisins that
have been certified by an organic
certification organization currently
registered with the California
Department of Food and Agriculture.
Handlers of such raisins shall submit
the following reports to the Committee.
(1) Inventory report of organically
produced raisins. Each handler shall
submit to the Committee by the close of
business on July 31 of each crop year,
and not later than the following August
6, on an appropriate form provided by
the Committee, a report showing, with
respect to the organically produced
raisins held by such handler:
(i) The quantity of free tonnage
raisins, segregated as to locations where
they are stored and whether they are
natural condition or packed;
(ii) The quantity of reserve tonnage
raisins held for the account of the
Committee;
(iii) The quantity of off-grade raisins
segregated as to those for reconditioning
and those for disposition as such.
(2) Acquisition report of organically
produced standard raisins. Each
handler shall submit to the Committee
for each week (Sunday through
Saturday or such other 7-day period for
which the handler has submitted a
proposal to and received approval from
the Committee) and not later than the
following Wednesday, on an
appropriate form provided by the
Committee, a report showing the
following:
(i) The total net weight of the standard
raisins acquired during the reporting
period, segregated when appropriate, as
to free tonnage and reserve tonnage;
(ii) The location of the reserve
tonnage; and
(iii) The cumulative totals of such
acquisitions (as so segregated) from the
beginning of the current crop year.
(iv) Upon request of the Committee,
each handler shall provide copies of the
organic certificate(s) applicable to the
quantity of raisins reported as acquired.
(3) Disposition report of organically
produced raisins. No later than the
seventh day of each month, handlers
who are not processors shall submit to
the Committee, on an appropriate form
provided by the Committee, a report
showing the aggregate quantity of free
tonnage packed raisins and standard
natural condition raisins which were
shipped or otherwise disposed of by
such handler during the preceding
month (exclusive of transfer within the
State of California between the plants of
any such handler and from such handler
to other handlers). Such information
shall include:
(i) Domestic outlets (exclusive of
Federal government purchases)
according to the quantity shipped in
consumer cartons, the quantity of bags
having a net weight content of 4 pounds
or less, and the quantity shipped in bulk
packs (including, but not limited to
those in bags having a net weight
content of more than 4 pounds);
(ii) Federal government purchases;
(iii) Export outlets according to
quantity shipped in consumer cartons,
the quantity shipped in bags having a
net weight of 4 pounds or less, and the
quantity shipped in bulk packs
(including, but not limited to, those in
bags having a net weight content of
more than 4 pounds);
(iv) Export outlets, by countries of
destination; and
(v) Each of any other outlets in which
the handler disposed of such raisins
other than by any transfer which is
excluded by the preceding sentence.
* * * * *
Dated: March 21, 2001.
Kenneth C. Clayton,
Acting Administrator, Agricultural Marketing
Service.
[FR Doc. 01–7528 Filed 3–26–01; 8:45 am]
BILLING CODE 3410 –02–P
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
12 CFR Part 41
[Docket No. 01–04]
RIN 1557–AB78
FEDERAL RESERVE SYSTEM
12 CFR Part 222
[Regulation V; Docket No. R–1082]
FEDERAL DEPOSIT INSURANCE
CORPORATION
12 CFR Part 334
RIN 3064–AC35
DEPARTMENT OF THE TREASURY
Office of Thrift Supervision
12 CFR Part 571
[Docket No. 2001–17]
RIN 1550–AB33
Fair Credit Reporting Regulations on
Communication of Consumer
Information Among Affiliated
Institutions
AGENCIES: Office of the Comptroller of
the Currency, Treasury (OCC); Board of
Governors of the Federal Reserve
System (Board); Federal Deposit
Insurance Corporation (FDIC); and
Office of Thrift Supervision, Treasury
(OTS).
VerDate 11<MAY>2000 10:03 Mar 24, 2001 Jkt 194001 PO 00000 Frm 00004 Fmt 4702 Sfmt 4702 E:\FR\FM\27MRP1.SGM pfrm01 PsN: 27MRP1
16625Federal Register / Vol. 66, No. 59 / Tuesday, March 27, 2001 / Proposed Rules
ACTION: Joint notice of proposed
rulemaking; update.
SUMMARY: The OCC, Board, FDIC, and
OTS (Agencies) have published for
comment proposed regulations
implementing the provisions of the Fair
Credit Reporting Act (FCRA) that permit
institutions to communicate consumer
information to their affiliates (affiliate
information sharing) without incurring
the obligations of consumer reporting
agencies. Many of the comments have
raised concerns about how this
rulemaking would affect compliance
with the final regulations implementing
the privacy provisions of the Gramm-
Leach-Bliley Act (GLBA). The final
FCRA rule will not apply to privacy
notices that an institution will have sent
prior to January 1, 2002, or prior to the
effective date of a final FCRA rule,
whichever is later. The Agencies advise
financial institutions to prepare their
privacy notices in accordance with the
privacy regulations and the FCRA
without delaying compliance until
publication of the final FCRA rule, and
provide an update on the status of the
rulemaking.
FOR FURTHER INFORMATION CONTACT:
OCC: Michael S. Bylsma, Director,
Community and Consumer Law
Division, (202) 874–5750; or Amy
Friend, Assistant Chief Counsel, (202)
874–5200, Office of the Comptroller of
the Currency, 250 E Street, SW.,
Washington, DC 20219.
Board: Jane J. Gell, Managing Counsel,
Division of Consumer and Community
Affairs, (202) 452–3667; or Thomas E.
Scanlon, Senior Attorney, Legal
Division (202) 452–3594, Board of
Governors of the Federal Reserve
System, 20th and C Streets, NW.,
Washington, DC 20051.
FDIC: James K. Baebel, Assistant
Director, Compliance Policy, Division of
Compliance and Consumer Affairs,
(202) 942–3086, Federal Deposit
Insurance Corporation, 550 17th Street,
NW., Washington, DC 20429.
OTS: Paul Robin, Assistant Chief
Counsel, (202) 906–6648; or Christine
Harrington, Counsel (Banking and
Finance), (202) 906–7957, Regulations
and Legislation Division, Office of Thrift
Supervision, 1700 G Street, NW.,
Washington, DC 20552.
SUPPLEMENTARY INFORMATION:
Background
On June 1, 2000, the Agencies jointly
published final regulations
implementing provisions of the GLBA
regarding the privacy of consumer
financial information (privacy
regulations) (65 FR 35162). The privacy
regulations require that financial
institutions deliver initial privacy
notices to their existing customers no
later than July 1, 2001. To meet the July
1, 2001, deadline, many institutions are
currently designing, printing, and
preparing to distribute their initial
privacy notices.
Since 1997, the FCRA has permitted
an institution to disclose certain
consumer information to its affiliates,
without incurring the obligations of
consumer reporting agencies, if it first
provides the consumer with a notice
regarding the disclosure and an
opportunity to opt out. The privacy
regulations require an institution to
include a FCRA notice, if applicable,
within its privacy notice.
On October 20, 2000, the Agencies
published for comment proposed
regulations implementing the FCRA
affiliate information-sharing provisions
(October FCRA Proposal) (65 FR 63120).
The October FCRA Proposal addressed,
among other matters, the form, content,
and means of delivery of FCRA opt out
notices.
A number of financial institutions
have expressed concern that if the FCRA
opt out notices included in their initial
privacy notices are inconsistent with
final FCRA regulations, then they may
be required to revise and reissue their
privacy notices. As a result, some
financial institutions may consider
delaying the preparation and delivery of
privacy notices until very close to July
1, 2001. Other financial institutions that
already have delivered their privacy
notices are concerned that they may
have to revise and redeliver their
notices.
Update
To allow financial institutions to plan
for and meet the requirements of the
privacy regulations, the Agencies
provide this update on the October
FCRA Proposal. The Agencies are
actively considering all of the comments
submitted by the public regarding the
October FCRA Proposal. Among other
things, the Agencies are considering
whether it is appropriate in light of
suggestions and new issues raised by
commenters to request comment on a
revised proposed rule or whether to
proceed to issue a final rule. In either
event, the Agencies do not contemplate
that a final FCRA rule will be adopted
in time for institutions to adhere to the
rule’s requirements and deliver their
privacy notices before July 1, 2001.
Accordingly, the Agencies encourage
institutions to deliver their privacy
notices well in advance of the July 1
deadline when possible.
The Agencies will also carefully
consider and address the request of
commenters to the October FCRA
Proposal that the Agencies delay the
effective date of the final FCRA rule to
permit financial institutions adequate
time to comply with the final rule and
the privacy regulations. Under no
circumstances, however, will the final
FCRA rule apply to privacy notices
under the GLBA that an institution will
have sent prior to January 1, 2002, or
prior to the effective date of a final
FCRA rule, whichever is later.
Dated: March 19, 2001.
John D. Hawke, Jr.,
Comptroller of the Currency.
By order of the Board of Governors of the
Federal Reserve System, March 14, 2001.
Jennifer J. Johnson,
Secretary of the Board.
By order of the Board of Directors.
Federal Deposit Insurance Corporation.
Dated at Washington, DC, this 13th day of
March, 2001.
Robert E Feldman,
Executive Secretary.
Dated: March 13, 2001.
By the Office of Thrift Supervision.
Ellen Seidman,
Director.
[FR Doc. 01–7442 Filed 3–26–01; 8:45 am]
BILLING CODE 4810 –33–P, 6210 –01–P, 6714 –01–P,
6720–01–P
THE BROADCASTING BOARD OF
GOVERNORS
22 CFR Part 503
Freedom of Information Act
Regulations
AGENCY: The Broadcasting Board of
Governors.
ACTION: Notice of proposed rulemaking.
SUMMARY: This regulation establishes
rules for implementing the Freedom of
Information Act (FOIA) for the newly
created Broadcasting Board of
Governors.
DATES: Comments must be submitted on
or before April 16, 2001.
ADDRESSES: Send comments to the
FOIA/Privacy Act Office, The
Broadcasting Board of Governors (BBG),
Office of the General Counsel, 330
Independence Avenue, SW.,
Washington, DC 20237, Suite 3349;
telephone (202) 260–4404.
FOR FURTHER INFORMATION CONTACT:
Caroline S. West, Assistant General
Counsel at (202) 260–4404.
SUPPLEMENTARY INFORMATION: Public
Law 103–236, the United States
International Broadcasting Act of 1994,
created the Broadcasting Board of
VerDate 11<MAY>2000 10:03 Mar 24, 2001 Jkt 194001 PO 00000 Frm 00005 Fmt 4702 Sfmt 4702 E:\FR\FM\27MRP1.SGM pfrm01 PsN: 27MRP1
ACTION: Joint notice of proposed
rulemaking; update.
SUMMARY: The OCC, Board, FDIC, and
OTS (Agencies) have published for
comment proposed regulations
implementing the provisions of the Fair
Credit Reporting Act (FCRA) that permit
institutions to communicate consumer
information to their affiliates (affiliate
information sharing) without incurring
the obligations of consumer reporting
agencies. Many of the comments have
raised concerns about how this
rulemaking would affect compliance
with the final regulations implementing
the privacy provisions of the Gramm-
Leach-Bliley Act (GLBA). The final
FCRA rule will not apply to privacy
notices that an institution will have sent
prior to January 1, 2002, or prior to the
effective date of a final FCRA rule,
whichever is later. The Agencies advise
financial institutions to prepare their
privacy notices in accordance with the
privacy regulations and the FCRA
without delaying compliance until
publication of the final FCRA rule, and
provide an update on the status of the
rulemaking.
FOR FURTHER INFORMATION CONTACT:
OCC: Michael S. Bylsma, Director,
Community and Consumer Law
Division, (202) 874–5750; or Amy
Friend, Assistant Chief Counsel, (202)
874–5200, Office of the Comptroller of
the Currency, 250 E Street, SW.,
Washington, DC 20219.
Board: Jane J. Gell, Managing Counsel,
Division of Consumer and Community
Affairs, (202) 452–3667; or Thomas E.
Scanlon, Senior Attorney, Legal
Division (202) 452–3594, Board of
Governors of the Federal Reserve
System, 20th and C Streets, NW.,
Washington, DC 20051.
FDIC: James K. Baebel, Assistant
Director, Compliance Policy, Division of
Compliance and Consumer Affairs,
(202) 942–3086, Federal Deposit
Insurance Corporation, 550 17th Street,
NW., Washington, DC 20429.
OTS: Paul Robin, Assistant Chief
Counsel, (202) 906–6648; or Christine
Harrington, Counsel (Banking and
Finance), (202) 906–7957, Regulations
and Legislation Division, Office of Thrift
Supervision, 1700 G Street, NW.,
Washington, DC 20552.
SUPPLEMENTARY INFORMATION:
Background
On June 1, 2000, the Agencies jointly
published final regulations
implementing provisions of the GLBA
regarding the privacy of consumer
financial information (privacy
regulations) (65 FR 35162). The privacy
regulations require that financial
institutions deliver initial privacy
notices to their existing customers no
later than July 1, 2001. To meet the July
1, 2001, deadline, many institutions are
currently designing, printing, and
preparing to distribute their initial
privacy notices.
Since 1997, the FCRA has permitted
an institution to disclose certain
consumer information to its affiliates,
without incurring the obligations of
consumer reporting agencies, if it first
provides the consumer with a notice
regarding the disclosure and an
opportunity to opt out. The privacy
regulations require an institution to
include a FCRA notice, if applicable,
within its privacy notice.
On October 20, 2000, the Agencies
published for comment proposed
regulations implementing the FCRA
affiliate information-sharing provisions
(October FCRA Proposal) (65 FR 63120).
The October FCRA Proposal addressed,
among other matters, the form, content,
and means of delivery of FCRA opt out
notices.
A number of financial institutions
have expressed concern that if the FCRA
opt out notices included in their initial
privacy notices are inconsistent with
final FCRA regulations, then they may
be required to revise and reissue their
privacy notices. As a result, some
financial institutions may consider
delaying the preparation and delivery of
privacy notices until very close to July
1, 2001. Other financial institutions that
already have delivered their privacy
notices are concerned that they may
have to revise and redeliver their
notices.
Update
To allow financial institutions to plan
for and meet the requirements of the
privacy regulations, the Agencies
provide this update on the October
FCRA Proposal. The Agencies are
actively considering all of the comments
submitted by the public regarding the
October FCRA Proposal. Among other
things, the Agencies are considering
whether it is appropriate in light of
suggestions and new issues raised by
commenters to request comment on a
revised proposed rule or whether to
proceed to issue a final rule. In either
event, the Agencies do not contemplate
that a final FCRA rule will be adopted
in time for institutions to adhere to the
rule’s requirements and deliver their
privacy notices before July 1, 2001.
Accordingly, the Agencies encourage
institutions to deliver their privacy
notices well in advance of the July 1
deadline when possible.
The Agencies will also carefully
consider and address the request of
commenters to the October FCRA
Proposal that the Agencies delay the
effective date of the final FCRA rule to
permit financial institutions adequate
time to comply with the final rule and
the privacy regulations. Under no
circumstances, however, will the final
FCRA rule apply to privacy notices
under the GLBA that an institution will
have sent prior to January 1, 2002, or
prior to the effective date of a final
FCRA rule, whichever is later.
Dated: March 19, 2001.
John D. Hawke, Jr.,
Comptroller of the Currency.
By order of the Board of Governors of the
Federal Reserve System, March 14, 2001.
Jennifer J. Johnson,
Secretary of the Board.
By order of the Board of Directors.
Federal Deposit Insurance Corporation.
Dated at Washington, DC, this 13th day of
March, 2001.
Robert E Feldman,
Executive Secretary.
Dated: March 13, 2001.
By the Office of Thrift Supervision.
Ellen Seidman,
Director.
[FR Doc. 01–7442 Filed 3–26–01; 8:45 am]
BILLING CODE 4810 –33–P, 6210 –01–P, 6714 –01–P,
6720–01–P
THE BROADCASTING BOARD OF
GOVERNORS
22 CFR Part 503
Freedom of Information Act
Regulations
AGENCY: The Broadcasting Board of
Governors.
ACTION: Notice of proposed rulemaking.
SUMMARY: This regulation establishes
rules for implementing the Freedom of
Information Act (FOIA) for the newly
created Broadcasting Board of
Governors.
DATES: Comments must be submitted on
or before April 16, 2001.
ADDRESSES: Send comments to the
FOIA/Privacy Act Office, The
Broadcasting Board of Governors (BBG),
Office of the General Counsel, 330
Independence Avenue, SW.,
Washington, DC 20237, Suite 3349;
telephone (202) 260–4404.
FOR FURTHER INFORMATION CONTACT:
Caroline S. West, Assistant General
Counsel at (202) 260–4404.
SUPPLEMENTARY INFORMATION: Public
Law 103–236, the United States
International Broadcasting Act of 1994,
created the Broadcasting Board of
VerDate 11<MAY>2000 10:03 Mar 24, 2001 Jkt 194001 PO 00000 Frm 00005 Fmt 4702 Sfmt 4702 E:\FR\FM\27MRP1.SGM pfrm01 PsN: 27MRP1