[Federal Register Volume 61, Number 117 (Monday, June 17, 1996)] [Notices] [Page 30613] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 96-15276] ----------------------------------------------------------------------- FEDERAL RESERVE SYSTEM Consumer Advisory Council; Notice of Meeting of Consumer Advisory Council; Correction The Consumer Advisory Council will meet on Thursday, June 27. The meeting, which will be open to public observation, will take place in Terrace Room E of the Martin Building. The meeting is expected to begin at 9:00 a.m. and to continue until 4:00 p.m., with a lunch break from 1:00 p.m. until 2:30 p.m. The Martin Building is located on C Street, Northwest, between 20th and 21st Streets in Washington, D.C. The Council's function is to advise the Board on the exercise of the Board's responsibilities under the Consumer Credit Protection Act and on other matters on which the Board seeks its advice. Time permitting, the Council will discuss the following topics: Home Equity Lines of Credit. Discussion led by the Consumer Credit Committee on the Board's upcoming report to Congress on whether the Truth in Lending Act cost disclosure and other rules for home equity lines of credit provide adequate consumer protections. The Board's report may include suggestions for legislative revisions. Community Reinvestment Act Reform. Discussion led by the Bank Regulation Committee on the results of the small bank examinations conducted since the implementation of revised CRA regulations. Interim Report on Streamlining Mortgage Loan Closing Process. Discussion led by the Community Affairs and Housing Committee on its efforts, jointly with the Consumer Credit Committee, to identify and recommend areas to streamline the mortgage closing paperwork process. Regulatory Coverage for Stored-Value Cards and Electronic Banking. Discussion led by the Depository and Delivery Systems Committee on the proposal by the Federal Reserve Board to exempt many types of stored- value cards from consumer protections included in Regulation E. ATM Surcharges and Fees. Discussion led by the Depository and Delivery Systems Committee on proposed legislation governing ATM surcharges and fees. Governor's Report. Report by Federal Reserve Board Member Lawrence B. Lindsey on economic conditions, recent Board initiatives, and issues of concern, with an opportunity for questions from Council members. Members Forum. Presentation of individual Council members' views on the economic conditions present within their industries or local economies. Committee Reports. Reports from Council committees on their work for 1996. Other matters previously considered by the Council or initiated by Council members also may be discussed. Persons wishing to submit to the Council their views regarding any of the above topics may do so by sending written statements to Deanna Aday-Keller, Secretary, Consumer Advisory Council, Division of Consumer and Community Affairs, Board of Governors of the Federal Reserve System, Washington, D.C. 20551. Comments must be of a quality suitable for reproduction. Information with regard to this meeting may be obtained from Ms. Aday-Keller, 202-452-6470. Telecommunications Device for the Deaf (TDD) users may contact Dorothea Thompson, 202-452-3544. Board of Governors of the Federal Reserve System, June 11, 1996. William W. Wiles, Secretary of the Board [FR Doc. 96-15276 Filed 6-14-96; 8:45 am] BILLING CODE 6210-01-F