[Federal Register Volume 65, Number 239 (Tuesday, December 12, 2000)]
[Proposed Rules]
[Page 77528]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-31516]


 ========================================================================
 Proposed Rules
                                                 Federal Register
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 This section of the FEDERAL REGISTER contains notices to the public of 
 the proposed issuance of rules and regulations. The purpose of these 
 notices is to give interested persons an opportunity to participate in 
 the rule making prior to the adoption of the final rules.
 
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  Federal Register / Vol. 65, No. 239 / Tuesday, December 12, 2000 / 
Proposed Rules  

[[Page 77528]]



DEPARTMENT OF THE TREASURY

Office of Thrift Supervision

12 CFR Part 584

[Docket No. 2000-91]
RIN 1550-AB29


Savings and Loan Holding Companies; Notice of Significant 
Transactions or Activities and OTS Review of Capital Adequacy

AGENCY: Office of Thrift Supervision, Treasury.

ACTION: Proposed rule; extension of comment period.

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SUMMARY: The Office of Thrift Supervision (OTS) is extending the 
comment period until February 9, 2001 for its proposed rule published 
October 27, 2000. The proposed rule would require certain savings and 
loan holding companies to notify OTS before engaging in, or committing 
to engage in, a limited set of debt transactions, transactions that 
reduce capital, some asset acquisitions, and other transactions. The 
proposal also sought comment on a proposal to codify OTS's current 
practices for reviewing the capital adequacy of savings and loan 
holding companies and, when necessary, requiring additional capital on 
a case-by-case basis.

DATES: Comments must be received by February 9, 2001.

ADDRESSES:   
    Mail: Send comments to Manager, Dissemination Branch, Information 
Management and Services Division, Office of Thrift Supervision, 1700 G 
Street, NW., Washington, DC 20552, Attention Docket No. 2000-91.
    Delivery: Hand deliver comments to the Guard's Desk, East Lobby 
Entrance, 1700 G Street, NW., from 9:00 a.m. to 4:00 p.m. on business 
days, Attention Docket No. 2000-91.
    Facsimiles: Send facsimile transmissions to FAX Number (202) 906-
7755, Attention Docket No. 2000-91; or (202) 906-6956 (if comments are 
over 25 pages).
    E-Mail: Send e-mails to ``public.info@ots.treas.gov">public.info@ots.treas.gov'', Attention 
Docket No. 2000-91, and include your name and telephone number.
    Public Inspection: Interested persons may inspect comments at the 
Public Reference Room, 1700 G St. NW., from 10:00 a.m. until 4:00 p.m. 
on Tuesdays and Thursdays or obtain comments and/or an index of 
comments by facsimile by telephoning the Public Reference Room at (202) 
906-5900 from 9:00 a.m. until 5:00 p.m. on business days. Comments and 
the related index will also be posted on the OTS Internet Site at 
www.ots.treas.gov.

FOR FURTHER INFORMATION CONTACT: Kevin O'Connell, Senior Project 
Manager, (202) 906-5693, Supervision Policy; and Valerie J. Lithotomos, 
Counsel (Business and Finance) (202) 906-6439, Regulations and 
Legislation Division, Chief Counsel's Office, Office of Thrift 
Supervision, 1700 G Street, NW., Washington, DC 20552.

SUPPLEMENTARY INFORMATION: The proposed rule, published in the Federal 
Register on October 27, 2000 (65 FR 64392), indicated that public 
comments were to be submitted to the OTS no later than December 26, 
2000.
    OTS received two requests for an extension of the comment period. 
One request states that the rule proposes a significant change to OTS 
policy and that compliance with the current comment deadline would 
require a significant dedication of resources in the midst of year-end 
activities. The second request indicates an extension is warranted 
because the issues addressed in the proposal are of sufficient 
importance and complexity.
    To afford the public adequate time to comment, OTS has determined 
to extend the comment period for 45 days to accommodate these requests. 
Therefore, the comment period is hereby extended until February 9, 
2001.

    Dated: December 6, 2000.
By the Office of Thrift Supervision.
Ellen Seidman,
Director.
[FR Doc. 00-31516 Filed 12-11-00; 8:45 am]
BILLING CODE 6720-01-P