[Federal Register Volume 75, Number 122 (Friday, June 25, 2010)]
[Rules and Regulations]
[Pages 36270-36271]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-15317]


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FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL

12 CFR Part 1102

[Docket No. AS10-2]


Appraisal Subcommittee; Appraiser Regulation; Privacy Act 
Implementation

AGENCY: Appraisal Subcommittee of the Federal Financial Institutions 
Examination Council (Subcommittee).

ACTION: Final rule amendments.

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SUMMARY: The Subcommittee is adopting nonsubstantive amendments to its 
regulations relating to the Privacy Act of 1974. The amendments correct 
the street address and zip code for the Subcomittee's office, which was 
moved in October 2008, from 2000 K Street, NW., Suite 310, Washington, 
DC 20006, to 1401 H Street, NW., Suite 760,Washington, DC 20005.

DATES: Effective Date: June 25, 2010.

FOR FURTHER INFORMATION CONTACT: Alice M. Ritter, General Counsel, at 
(202) 595-7577 or [email protected]; Appraisal Subcommittee; 1401 H Street, 
NW., Suite 760, Washington, DC 20005.

SUPPLEMENTARY INFORMATION: 

I. Authority and Section-by-Section Analysis

    The Privacy Act of 1974 is based, in part, on the finding by 
Congress that ``in order to protect the privacy of individuals 
identified in information systems maintained by Federal agencies, it is 
necessary and proper for the Congress to regulate the collection, 
maintenance, use, and dissemination of information by such agencies.'' 
To achieve this objective, the Act generally provides that Federal 
agencies must advise an individual upon request whether records 
maintained by the agency in a system of records pertain to the 
individual and must grant the individual access to such records. The 
Act further provides that individuals may request amendments to records 
pertaining to them that are maintained by the agency, and that the 
agency shall either grant the requested amendments or set forth fully 
its reasons for refusing to do so.
    In 1992, the Subcommittee, pursuant to subsection (f) of the 
Privacy Act, adopted 12 CFR subpart C containing rules and procedures 
to implement the Privacy Act. In October 2008, the Subcommittee moved 
its offices from 2000 K Street, NW., to its current location at 1401 H 
Street, NW. Subpart C, as adopted, contains numerous references to the 
Subcommittee's K Street address. The Subcommittee is amending subpart C 
by removing all references to the former K Street location and 
replacing them with the Subcommittee's current H Street address.

II. Administrative Requirements

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

    The Subcommittee, 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 Subcommittee 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, Banks, banking, Freedom of 
information, Mortgages, Organization and functions (Government 
agencies), Reporting and recordkeeping requirements.

Text of the Rule

0
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

Subpart C--Rules Pertaining to the Privacy of Individuals and 
Systems of Records Maintained by the Appraisal Subcommittee

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1. The authority citation for part 1102, subpart C is revised to read 
as follows:

    Authority: Privacy Act of 1974, Pub. L. 93-579, 88 Stat. 1896; 
12 U.S.C. 552a, as amended.


Sec. Sec.  1102.102, 1102.105, and 1102.107  [Amended]

0
2. In 12 CFR part 1102, remove the words ``2000 K Street, NW., Suite 
310, Washington, DC 20006'' and add, in their place, the words, ``1401 
H Street, NW., Suite 760,Washington, DC 20005'' in the following 
places:
0
a. Section 1102.102(a) introductory text, and (a)(2);
0
b. Section 1102.105(a); and
0
c. Section 1102.107(a)(2), and (b)(1).

    By the Appraisal Subcommittee.

[[Page 36271]]

    Dated: June 16, 2010.
Deborah S. Merkle,
Chairman.
[FR Doc. 2010-15317 Filed 6-24-10; 8:45 am]
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