25869Federal Register / Vol. 61, No. 101 / Thursday, May 23, 1996 / Notices
FEDERAL DEPOSIT INSURANCE
CORPORATION
Investment in Leeway Securities;
Rescission of Statement of Policy
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
(CDRI), the FDIC is rescinding its policy
statement concerning bank investments
under state leeway laws (Statement).
The Statement indicates that the FDIC
will not criticize investments of a civic
or community nature if they meet
reasonable limits set out in the
Statement. The FDIC is rescinding the
Statement because it is now outmoded.
The rescission does not reflect any
substantive change in the FDIC’s
supervisory attitude toward this type of
investment.
EFFECTIVE DATE: This Statement is
rescinded effective May 23, 1996.
FOR FURTHER INFORMATION CONTACT:
Robert W. Walsh, Manager, Division of
Supervision (202) 898–6911; Gerald J.
Gervino, Senior Attorney, (202) 898–
3723, Legal Division, FDIC, 550 17th
Street, N.W., 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 (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
August 4, 1972, 37 FR 16228 and
amended on March 7, 1974, 39 FR 8956.
The Statement was designed to clarify
the FDIC’s position with regard to bank
investments under state leeway laws.
Leeway laws were adopted by many
states to give depository institutions a
way to make direct investments in civic
or community related projects that
would otherwise be prohibited under
the standard bank or thrift charter. It
was felt that financial institutions were
receiving inconsistent messages from
their regulators. While community
beneficial projects were encouraged by
state agencies, the credit quality of the
related investments was being
criticized. The FDIC did not want to
inhibit banks from making investments
that were primarily of a civic or
community nature. Therefore the
Statement indicated that FDIC
examiners would not criticize these
leeway investments provided they were
made within reasonable limits
established by state law and aggregated
no more than 10 percent of capital and
surplus, whichever was less.
Section 24 of the Federal Deposit
Insurance Act, 12 U.S.C. 1831a,
prohibits equity investments by an
insured state bank if the investment is
not of a type and in an amount that is
permissible for a national bank. 12 CFR
part 362 implements this statutory
provision. Both the statute and the
regulation contain exceptions for
investments as a limited partner in a
partnership, the sole purpose of which
is the acquisition, rehabilitation or new
construction of qualified housing
projects. In addition, the National Bank
Act was amended since the last
amendment to the Statement in 1974 to
expressly provide authority for a
national bank to make investments that
are designed to primarily promote the
public welfare. Such investments can be
made up to a maximum of 10 percent
of unimpaired capital and surplus. (12
U.S.C. 24 (Eleventh). Finally,
community welfare investments are
encouraged under the FDIC’s
regulations implementing the
Community Reinvestment Act which
was enacted by Congress subsequent to
the adoption of the agency’s Statement.
Consistent with that Act and the FDIC’s
regulations, the FDIC will generally not
criticize commercially viable
community welfare investment. Thus,
the rescission of the Statement does not
signal any change in the manner in
which the FDIC evaluates investments
which are the subject of the current
Statement. In view of this current
statutory and regulatory direction, the
Statement is no longer necessary.
For the above reasons, the Statement is
hereby rescinded.
By Order of the Board of Directors.
Dated at Washington, D.C., this 14th day of
May, 1996.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Deputy Executive Secretary.
[FR Doc. 96–12927 Filed 5–22–96; 8:45 am]
BILLING CODE 6714–01–P
Capital Forbearance; Rescission of
Policy Statement
AGENCY: Federal Deposit Insurance
Corporation (FDIC).
ACTION: Rescission of policy statement.
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
(CDRI), the FDIC is rescinding its
Guidelines for Implementing a Policy of
Capital Forbearance (Policy Statement).
The Policy Statement provided
guidelines for certain well-managed
viable banks to apply to the FDIC for
capital forbearance. The FDIC is
rescinding the Policy Statement because
it is now outmoded.
EFFECTIVE DATE: This Policy Statement is
rescinded May 23, 1996.
FOR FURTHER INFORMATION CONTACT:
Robert W. Walsh, Manager, (202) 898–
6911, Division of Supervision; Jamey
Basham, Counsel, (202) 898–7265, Legal
Division, FDIC, 550 17th Street, N.W.,
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 (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 Policy Statement is
outmoded, and that the FDIC’s written
policies can be streamlined by its
elimination.
The FDIC adopted the Policy
Statement on July 7, 1987. 52 FR 26182
(July 13, 1987). The Policy Statement
provided guidelines under which
certain banks, which were well-
managed, solvent and viable but were
having difficulty raising needed capital
because they served an inadequately
diversified economic sector caught in a
severe downturn, could apply to the
FDIC for capital forbearance. Since all
capital improvement plans established
under the Policy Statement were
required by the Policy Statement’s terms
to assure capital restoration by January
1, 1995, the Policy Statement serves no
further purpose.
Moreover, as part of the Federal
Deposit Insurance Corporation
FEDERAL DEPOSIT INSURANCE
CORPORATION
Investment in Leeway Securities;
Rescission of Statement of Policy
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
(CDRI), the FDIC is rescinding its policy
statement concerning bank investments
under state leeway laws (Statement).
The Statement indicates that the FDIC
will not criticize investments of a civic
or community nature if they meet
reasonable limits set out in the
Statement. The FDIC is rescinding the
Statement because it is now outmoded.
The rescission does not reflect any
substantive change in the FDIC’s
supervisory attitude toward this type of
investment.
EFFECTIVE DATE: This Statement is
rescinded effective May 23, 1996.
FOR FURTHER INFORMATION CONTACT:
Robert W. Walsh, Manager, Division of
Supervision (202) 898–6911; Gerald J.
Gervino, Senior Attorney, (202) 898–
3723, Legal Division, FDIC, 550 17th
Street, N.W., 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 (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
August 4, 1972, 37 FR 16228 and
amended on March 7, 1974, 39 FR 8956.
The Statement was designed to clarify
the FDIC’s position with regard to bank
investments under state leeway laws.
Leeway laws were adopted by many
states to give depository institutions a
way to make direct investments in civic
or community related projects that
would otherwise be prohibited under
the standard bank or thrift charter. It
was felt that financial institutions were
receiving inconsistent messages from
their regulators. While community
beneficial projects were encouraged by
state agencies, the credit quality of the
related investments was being
criticized. The FDIC did not want to
inhibit banks from making investments
that were primarily of a civic or
community nature. Therefore the
Statement indicated that FDIC
examiners would not criticize these
leeway investments provided they were
made within reasonable limits
established by state law and aggregated
no more than 10 percent of capital and
surplus, whichever was less.
Section 24 of the Federal Deposit
Insurance Act, 12 U.S.C. 1831a,
prohibits equity investments by an
insured state bank if the investment is
not of a type and in an amount that is
permissible for a national bank. 12 CFR
part 362 implements this statutory
provision. Both the statute and the
regulation contain exceptions for
investments as a limited partner in a
partnership, the sole purpose of which
is the acquisition, rehabilitation or new
construction of qualified housing
projects. In addition, the National Bank
Act was amended since the last
amendment to the Statement in 1974 to
expressly provide authority for a
national bank to make investments that
are designed to primarily promote the
public welfare. Such investments can be
made up to a maximum of 10 percent
of unimpaired capital and surplus. (12
U.S.C. 24 (Eleventh). Finally,
community welfare investments are
encouraged under the FDIC’s
regulations implementing the
Community Reinvestment Act which
was enacted by Congress subsequent to
the adoption of the agency’s Statement.
Consistent with that Act and the FDIC’s
regulations, the FDIC will generally not
criticize commercially viable
community welfare investment. Thus,
the rescission of the Statement does not
signal any change in the manner in
which the FDIC evaluates investments
which are the subject of the current
Statement. In view of this current
statutory and regulatory direction, the
Statement is no longer necessary.
For the above reasons, the Statement is
hereby rescinded.
By Order of the Board of Directors.
Dated at Washington, D.C., this 14th day of
May, 1996.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Deputy Executive Secretary.
[FR Doc. 96–12927 Filed 5–22–96; 8:45 am]
BILLING CODE 6714–01–P
Capital Forbearance; Rescission of
Policy Statement
AGENCY: Federal Deposit Insurance
Corporation (FDIC).
ACTION: Rescission of policy statement.
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
(CDRI), the FDIC is rescinding its
Guidelines for Implementing a Policy of
Capital Forbearance (Policy Statement).
The Policy Statement provided
guidelines for certain well-managed
viable banks to apply to the FDIC for
capital forbearance. The FDIC is
rescinding the Policy Statement because
it is now outmoded.
EFFECTIVE DATE: This Policy Statement is
rescinded May 23, 1996.
FOR FURTHER INFORMATION CONTACT:
Robert W. Walsh, Manager, (202) 898–
6911, Division of Supervision; Jamey
Basham, Counsel, (202) 898–7265, Legal
Division, FDIC, 550 17th Street, N.W.,
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 (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 Policy Statement is
outmoded, and that the FDIC’s written
policies can be streamlined by its
elimination.
The FDIC adopted the Policy
Statement on July 7, 1987. 52 FR 26182
(July 13, 1987). The Policy Statement
provided guidelines under which
certain banks, which were well-
managed, solvent and viable but were
having difficulty raising needed capital
because they served an inadequately
diversified economic sector caught in a
severe downturn, could apply to the
FDIC for capital forbearance. Since all
capital improvement plans established
under the Policy Statement were
required by the Policy Statement’s terms
to assure capital restoration by January
1, 1995, the Policy Statement serves no
further purpose.
Moreover, as part of the Federal
Deposit Insurance Corporation
25870 Federal Register / Vol. 61, No. 101 / Thursday, May 23, 1996 / Notices
Improvement Act of 1991, Pub. L. 102–
242, 105 Stat. 2236, 2253, Congress
adopted the prompt corrective action
provisions codified in section 38 of the
Federal Deposit Insurance Act, 12
U.S.C. 1831o, establishing a statutory
structure for addressing insured
depository institutions with declining
capital. This statutory structure does not
allow capital forbearance as
contemplated in the Policy Statement.
For the above reasons, the Policy
Statement is hereby rescinded.
By Order of the Board of Directors.
Dated at Washington, D.C., this 14th day of
May, 1996.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Deputy Executive Secretary.
[FR Doc. 96–12926 Filed 5–22–96; 8:45 am]
BILLING CODE 6714–01–P
FEDERAL EMERGENCY
MANAGEMENT AGENCY
[FEMA–1105–DR]
Montana; 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
Montana (FEMA–1105–DR), dated
February 23, 1996, and related
determinations.
EFFECTIVE DATE: May 7, 1996.
FOR FURTHER INFORMATION CONTACT:
Pauline C. Campbell, Response and
Recovery Directorate, Federal
Emergency Management Agency,
Washington, DC 20472, (202) 646–3606.
SUPPLEMENTARY INFORMATION: Notice is
hereby given that the incident period for
this disaster is closed effective February
29, 1996.
(Catalog of Federal Domestic Assistance No.
83.516, Disaster Assistance)
Dennis H. Kwiatkowski,
Deputy Associate Director, Response and
Recovery Directorate.
[FR Doc. 96–13038 Filed 5–22–96; 8:45 am]
BILLING CODE 6718–02–P
[FEMA–1112–DR]
Illinois; Major Disaster and Related
Determinations
AGENCY: Federal Emergency
Management Agency (FEMA).
ACTION: Notice.
SUMMARY: This is a notice of the
Presidential declaration of a major
disaster for the State of Illinois (FEMA–
1112–DR), dated May 6, 1996, and
related determinations.
EFFECTIVE DATE: May 6, 1996.
FOR FURTHER INFORMATION CONTACT:
Pauline C. Campbell, Response and
Recovery Directorate, Federal
Emergency Management Agency,
Washington, DC 20472, (202) 646–3606.
SUPPLEMENTARY INFORMATION: Notice is
hereby given that, in a letter dated May
6, 1996, the President declared a major
disaster under the authority of the
Robert T. Stafford Disaster Relief and
Emergency Assistance Act (42 U.S.C.
5121 et seq.), as follows:
I have determined that the damage in
certain areas of the State of Illinois, resulting
from severe storms and flooding on April 28,
1996 and continuing, is of sufficient severity
and magnitude to warrant a major disaster
declaration under the Robert T. Stafford
Disaster Relief and Emergency Assistance Act
(‘‘the Stafford Act’’). I, therefore, declare that
such a major disaster exists in the State of
Illinois.
In order to provide Federal assistance, you
are hereby authorized to allocate from funds
available for these purposes, such amounts as
you find necessary for Federal disaster
assistance and administrative expenses.
You are authorized to provide Individual
Assistance, Public Assistance, and Hazard
Mitigation in the designated areas. Consistent
with the requirement that Federal assistance
be supplemental, any Federal funds provided
under the Stafford Act for Public Assistance
or Hazard Mitigation will be limited to 75
percent of the total eligible costs.
The time period prescribed for the
implementation of section 310(a),
Priority to Certain Applications for
Public Facility and Public Housing
Assistance, 42 U.S.C. 5153, shall be for
a period not to exceed six months after
the date of this declaration.
Notice is hereby given that pursuant
to the authority vested in the Director of
the Federal Emergency Management
Agency under Executive Order 12148, I
hereby appoint Ron Sherman of the
Federal Emergency Management Agency
to act as the Federal Coordinating
Officer for this declared disaster.
I do hereby determine the following
areas of the State of Illinois to have been
affected adversely by this declared
major disaster:
Franklin and St. Clair Counties for
Individual Assistance, Public Assistance, and
Hazard Mitigation.
(Catalog of Federal Domestic Assistance No.
83.516, Disaster Assistance)
James L. Witt,
Director.
[FR Doc. 96–13014 Filed 5–22–96; 8:45 am]
BILLING CODE 6718–02–P
[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: May 10, 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:
Lawrence County for Individual
Assistance.
(Catalog of Federal Domestic Assistance No.
83.516, Disaster Assistance)
William C. Tidball,
Associate Director, Response and Recovery
Directorate.
[FR Doc. 96–13015 Filed 5–22–96; 8:45 am]
BILLING CODE 6718–02–P
[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: May 9, 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 areas 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:
Madison and Monroe Counties for
Individual Assistance, Public Assistance, and
Hazard Mitigation.
Improvement Act of 1991, Pub. L. 102–
242, 105 Stat. 2236, 2253, Congress
adopted the prompt corrective action
provisions codified in section 38 of the
Federal Deposit Insurance Act, 12
U.S.C. 1831o, establishing a statutory
structure for addressing insured
depository institutions with declining
capital. This statutory structure does not
allow capital forbearance as
contemplated in the Policy Statement.
For the above reasons, the Policy
Statement is hereby rescinded.
By Order of the Board of Directors.
Dated at Washington, D.C., this 14th day of
May, 1996.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Deputy Executive Secretary.
[FR Doc. 96–12926 Filed 5–22–96; 8:45 am]
BILLING CODE 6714–01–P
FEDERAL EMERGENCY
MANAGEMENT AGENCY
[FEMA–1105–DR]
Montana; 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
Montana (FEMA–1105–DR), dated
February 23, 1996, and related
determinations.
EFFECTIVE DATE: May 7, 1996.
FOR FURTHER INFORMATION CONTACT:
Pauline C. Campbell, Response and
Recovery Directorate, Federal
Emergency Management Agency,
Washington, DC 20472, (202) 646–3606.
SUPPLEMENTARY INFORMATION: Notice is
hereby given that the incident period for
this disaster is closed effective February
29, 1996.
(Catalog of Federal Domestic Assistance No.
83.516, Disaster Assistance)
Dennis H. Kwiatkowski,
Deputy Associate Director, Response and
Recovery Directorate.
[FR Doc. 96–13038 Filed 5–22–96; 8:45 am]
BILLING CODE 6718–02–P
[FEMA–1112–DR]
Illinois; Major Disaster and Related
Determinations
AGENCY: Federal Emergency
Management Agency (FEMA).
ACTION: Notice.
SUMMARY: This is a notice of the
Presidential declaration of a major
disaster for the State of Illinois (FEMA–
1112–DR), dated May 6, 1996, and
related determinations.
EFFECTIVE DATE: May 6, 1996.
FOR FURTHER INFORMATION CONTACT:
Pauline C. Campbell, Response and
Recovery Directorate, Federal
Emergency Management Agency,
Washington, DC 20472, (202) 646–3606.
SUPPLEMENTARY INFORMATION: Notice is
hereby given that, in a letter dated May
6, 1996, the President declared a major
disaster under the authority of the
Robert T. Stafford Disaster Relief and
Emergency Assistance Act (42 U.S.C.
5121 et seq.), as follows:
I have determined that the damage in
certain areas of the State of Illinois, resulting
from severe storms and flooding on April 28,
1996 and continuing, is of sufficient severity
and magnitude to warrant a major disaster
declaration under the Robert T. Stafford
Disaster Relief and Emergency Assistance Act
(‘‘the Stafford Act’’). I, therefore, declare that
such a major disaster exists in the State of
Illinois.
In order to provide Federal assistance, you
are hereby authorized to allocate from funds
available for these purposes, such amounts as
you find necessary for Federal disaster
assistance and administrative expenses.
You are authorized to provide Individual
Assistance, Public Assistance, and Hazard
Mitigation in the designated areas. Consistent
with the requirement that Federal assistance
be supplemental, any Federal funds provided
under the Stafford Act for Public Assistance
or Hazard Mitigation will be limited to 75
percent of the total eligible costs.
The time period prescribed for the
implementation of section 310(a),
Priority to Certain Applications for
Public Facility and Public Housing
Assistance, 42 U.S.C. 5153, shall be for
a period not to exceed six months after
the date of this declaration.
Notice is hereby given that pursuant
to the authority vested in the Director of
the Federal Emergency Management
Agency under Executive Order 12148, I
hereby appoint Ron Sherman of the
Federal Emergency Management Agency
to act as the Federal Coordinating
Officer for this declared disaster.
I do hereby determine the following
areas of the State of Illinois to have been
affected adversely by this declared
major disaster:
Franklin and St. Clair Counties for
Individual Assistance, Public Assistance, and
Hazard Mitigation.
(Catalog of Federal Domestic Assistance No.
83.516, Disaster Assistance)
James L. Witt,
Director.
[FR Doc. 96–13014 Filed 5–22–96; 8:45 am]
BILLING CODE 6718–02–P
[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: May 10, 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:
Lawrence County for Individual
Assistance.
(Catalog of Federal Domestic Assistance No.
83.516, Disaster Assistance)
William C. Tidball,
Associate Director, Response and Recovery
Directorate.
[FR Doc. 96–13015 Filed 5–22–96; 8:45 am]
BILLING CODE 6718–02–P
[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: May 9, 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 areas 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:
Madison and Monroe Counties for
Individual Assistance, Public Assistance, and
Hazard Mitigation.