[Federal Register Volume 69, Number 11 (Friday, January 16, 2004)]
[Rules and Regulations]
[Pages 2500-2501]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-945]


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FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL

12 CFR Part 1102

[Docket No. AS04-1]


Appraisal Subcommittee; Appraiser Regulation

AGENCY: Appraisal Subcommittee, Federal Financial Institutions 
Examination Council (``ASC'').

ACTION: Final rule amendments.

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SUMMARY: The ASC is adopting nonsubstantive amendments to its 
regulations that correct the ASC's office's street address, zip code, 
and telephone numbers to reflect an office relocation from 2100 
Pennsylvania Avenue, NW., to 2000 K Street, NW., Washington, DC.

EFFECTIVE DATE: January 16, 2004.

FOR FURTHER INFORMATION CONTACT: Marc L. Weinberg, General Counsel, at 
(202) 293-6250 or [email protected]; Appraisal Subcommittee; 2000 K Street, 
NW., Suite 310; Washington, DC 20006.

SUPPLEMENTARY INFORMATION:

I. Authority and Section-by-Section Analysis

    The ASC, since its creation under Title XI of the Financial 
Institutions Reform, Recovery, and Enforcement Act of 1989, as amended 
(``Title XI''), has adopted and amended several regulations that appear 
at 12 CFR part 1102. These regulations, found in subparts A, B, C, and 
D of that part, relate to the ASC's implementation of The Privacy Act 
of 1974, the Freedom of Information Act, and various sections of Title 
XI.
    In November 1998, the ASC moved its offices from 2100 Pennsylvania 
Avenue, NW., to its current location at 2000 K Street, NW. Part 1102, 
as adopted, contained numerous references to the ASC's Pennsylvania 
Avenue address and one reference to its previous fax number. The ASC is 
amending part 1102 by removing all references to its Pennsylvania 
Avenue address and prior fax number and replacing it with its new K 
Street address and new fax number.

II. Administrative Requirements

A. Notice and Comment Requirements Under 5 U.S.C. 553

    The ASC, under 12 U.S.C. 553, is required, among other things, to 
publish in the Federal Register for public notice and comment a general 
notice of proposed rule making, unless, in accordance with paragraph 
(b)(3)(B), the agency finds ``for good cause . . . that notice and 
public procedure thereon are impracticable, unnecessary, or contrary to 
the public interest.'' The ASC finds that notice and procedure are 
unnecessary in connection with these rule amendments because they are 
nonsubstantive and essentially are nomenclature changes, as that term 
is defined in the Federal Register Document Drafting Handbook, page 2-
31 (October 1998).

List of Subjects in 12 CFR Part 1102

    Administrative practice and procedure, Appraisers, Banks, banking, 
Freedom of Information, Mortgages, Reporting and recordkeeping 
requirements.

Text of the Rule

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For the reasons set forth in the preamble, title 12, chapter XI of the 
Code of Federal Regulations is amended as follows:

PART 1102--APPRAISER REGULATION

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1. The authority citation for part 1102, subpart A, continues to read 
as follows:

    Authority: 12 U.S.C. 3348(a).


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2. The authority citation for part 1102, subpart B, continues to read 
as follows:

    Authority: 12 U.S.C. 3332, 3335, and 3348(c).


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3. The authority citation for part 1102, subpart C, continues to read 
as follows:

    Authority: 12 U.S.C. 552a.


[[Page 2501]]



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4. The authority citation for part 1102, subpart D, continues to read 
as follows:

    Authority: 5 U.S.C. 552, 553(e); Executive Order 12600, 52 FR 
23781, 3 CFR, 1987 Comp., p. 235.


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5. In 12 CFR part 1102, remove the words ``2100 Pennsylvania Avenue, 
NW., Suite 200, Washington, DC 20037'' wherever they appear and add, in 
their place, the words, ``2000 K Street, NW., Suite 310, Washington, DC 
20006.''

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6. In 12 CFR part 1102, remove the words ``2100 Pennsylvania Avenue, 
NW., Suite 200, Washington, DC'' wherever they appear and add, in their 
place, the words, ``2000 K Street, NW., Suite 310, Washington, DC.''

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7. In 12 CFR part 1102, Sec.  1102.306(a)(1)(i), remove the fax number, 
``(202) 872-7501'' and add, in its place, ``(202) 293-6251.''

    By the Appraisal Subcommittee of the Federal Financial 
Institutions Examination Council.

    Dated: January 12, 2004.
Ben Henson,
Executive Director.
[FR Doc. 04-945 Filed 1-15-04; 8:45 am]
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