[Federal Register Volume 80, Number 203 (Wednesday, October 21, 2015)]
[Rules and Regulations]
[Pages 63667-63671]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-26726]
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Rules and Regulations
Federal Register
________________________________________________________________________
This section of the FEDERAL REGISTER contains regulatory documents
having general applicability and legal effect, most of which are keyed
to and codified in the Code of Federal Regulations, which is published
under 50 titles pursuant to 44 U.S.C. 1510.
The Code of Federal Regulations is sold by the Superintendent of Documents.
Prices of new books are listed in the first FEDERAL REGISTER issue of each
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Federal Register / Vol. 80, No. 203 / Wednesday, October 21, 2015 /
Rules and Regulations
[[Page 63667]]
DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
18 CFR Part 11
[Docket No. RM15-18-000, Order No. 815]
Commencement of Assessment of Annual Charges
AGENCY: Federal Energy Regulatory Commission.
ACTION: Final rule.
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SUMMARY: The Federal Energy Regulatory Commission (Commission) is
revising its regulations to modify when the Commission will commence
assessing annual charges to hydropower licensees and exemptees, other
than state or municipal entities, with respect to licenses and
exemptions authorizing unconstructed projects and new capacity.
Specifically, the Commission will commence assessing annual charges on
the date by which the licensee or exemptee is required to commence
construction of an unconstructed project or new capacity, rather than
on the date that project construction actually begins. The final rule
provides administrative efficiency and promotes certainty among
licensees, exemptees, and Commission staff as to when annual charges
will commence.
DATES: Effective: December 21, 2015.
FOR FURTHER INFORMATION CONTACT:
Tara DiJohn (Legal Information), Office of the General Counsel, Federal
Energy Regulatory Commission, 888 First Street NE., Washington, DC
20426, (202) 502-8671, [email protected].
Norman Richardson (Technical Information), Office of the Executive
Director, Federal Energy Regulatory Commission, 888 First Street NE.,
Washington, DC 20426, (202) 502-6219, [email protected].
Order No. 815
Final Rule
Table of Contents
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Paragraph No.
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I. Background........................................ 1
II. Notice of Proposed Rulemaking (NOPR)............. 5
III. Discussion...................................... 11
IV. Regulatory Requirements.......................... 21
A. Information Collection Statement.............. 21
B. Environmental Analysis........................ 22
C. Regulatory Flexibility Act.................... 23
D. Document Availability......................... 28
E. Effective Date and Congressional Notification. 31
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Order No. 815
Final Rule
(Issued October 15, 2015)
I. Background
1. On May 14, 2015, the Federal Energy Regulatory Commission
(Commission) issued a Notice of Proposed Rulemaking (NOPR) proposing to
revise its regulations governing the commencement of assessment of
annual charges for non-municipal hydropower licensees and exemptees.\1\
As explained in the NOPR, section 10(e)(1) of the Federal Power Act
(FPA),\2\ and section 3401 of the Omnibus Budget Reconciliation Act of
1986,\3\ require the Commission to, among other things, collect annual
charges from licensees in order to reimburse the United States for the
costs of administering Part I of the FPA. The Commission assesses these
annual charges against licensees and exemptees of projects with more
than 1.5 megawatts (MW) of installed capacity under section 11.1 of its
regulations.\4\
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\1\ Commencement of Assessment of Annual Charges, 151 FERC ]
61,115 (2015). The NOPR was published in the Federal Register on May
22, 2015. 80 FR 29,562.
\2\ 16 U.S.C. 803(e)(1) (2012).
\3\ 42 U.S.C. 7178 (2012).
\4\ 18 CFR 11.1 (2015).
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2. Currently, for exemptions and original licenses for unconstructed
projects, the Commission begins assessing administrative annual charges
on the date project construction starts.\5\ For new capacity authorized
by a relicense \6\ or an amendment of a license or exemption, the
Commission begins assessing annual charges on the date that the
construction to enable such capacity starts.\7\ This final rule affects
only projects with respect to which annual charges are assessed when
project construction starts. It does not address state or municipal
projects, projects with an installed capacity of 1.5 MW or less, or
constructed projects without newly authorized capacity.\8\
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\5\ Id. (c)(5).
\6\ We use the term ``relicense'' to refer to any new or
subsequent license.
\7\ 18 CFR 11.1(c)(5) (2015). We refer to the addition of
capacity and a reduction of capacity (on occasion, capacity is
reduced as a result of construction, in which case annual charges
are lowered) as ``new capacity.''
\8\ Licensees and exemptees that are state or municipal entities
are assessed annual charges when project operation commences. 18 CFR
11.1(d)(6) (2015). As noted above, the Commission does not assess
annual charges with respect to projects with installed capacity of
less than or equal to 1.5 MW. 18 CFR 11.1(b) (2015). Constructed,
operating projects where no new capacity is being authorized are
assessed annual charges beginning on the effective date of the
license or exemption. See 18 CFR 11.1(c)(5) (2015).
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[[Page 63668]]
3. Original licenses for unconstructed projects require a licensee to
start construction no later than two years from the effective date of
the license, as required by section 13 of the FPA.\9\ Generally,
exemptions and operating projects where additional capacity is
authorized similarly require that project construction \10\ or
construction of additional capacity \11\ commence within two years of
the order authorizing such construction.
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\9\ See 16 U.S.C. 806 (2012).
\10\ See 18 CFR 4.94(c) and 4.106(c) (2015) (including in
exemptions standard Article 3 to allow the Commission to revoke an
exemption if actual construction of the proposed generating
facilities has not begun within two years).
\11\ See e.g., Northern States Power Co., 138 FERC ] 62,022, at
ordering para. (E) (2012) (directing licensee to start construction
of additional authorized capacity within two years).
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4. In many instances, construction of authorized facilities does not
begin by the set deadline. For original licenses, section 13 of the FPA
provides that the Commission may grant an extension of the deadline for
good cause shown, but only once and for no more than two additional
years. These limitations of FPA section 13 do not apply to relicenses,
exemptions, and amendments. From 2010 through 2014, the Commission
granted extensions of the start-of-construction deadline (1) for
original licenses and relicenses 17 times, or an average of 3.4 times
per year; (2) for exemptions 2 times, or on average 0.4 times per year;
and (3) for license amendments authorizing new capacity 6 times, or an
average of 1.2 extensions per year.\12\
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\12\ No extensions of the start-of-construction deadline were
issued for exemption amendments during this period, however,
exemptees rarely file amendment applications requesting
authorization to increase exemption capacity.
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II. Notice of Proposed Rulemaking (NOPR)
5. In the NOPR, the Commission proposed to revise section 11.1(c)(5) of
its regulations regarding when it will commence assessing annual
charges with respect to hydropower licenses, exemptions, and amendments
authorizing unconstructed projects and new capacity. Specifically, the
Commission proposed to commence assessing annual charges two years from
the effective date of an order issuing a license, exemption, or an
amendment authorizing additional capacity, rather than on the date
project construction starts.
6. In support of the proposed rule, the Commission anticipated that the
change would provide administrative efficiency and foster certainty
among licensees, exemptees, and Commission staff as to when annual
charges will commence. The NOPR explained that licensees and exemptees
will no longer need to notify the Commission when project construction
starts for the purpose of assessing annual charges and, in turn, the
Commission will not have to contact the licensee or exemptee for that
purpose.
7. While licensees and exemptees who begin construction expeditiously
will benefit, the NOPR also acknowledged that the proposed change would
adversely affect those licensees and exemptees that do not start
construction within two years. The NOPR proposed that annual charges
would be assessed two years from the effective date of an order issuing
a license, exemption, or an amendment authorizing additional capacity,
regardless of when actual construction commences. As noted above, on
average, 5 (3.4 licenses + 0.4 exemptions + 1.2 license amendments)
affected projects each year receive extensions of the start-of-
construction deadline.\13\
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\13\ In rare circumstances, the Commission may stay the
effective date of a license, in which case the assessment of annual
charges would also be stayed.
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8. The NOPR also acknowledged that licensees and exemptees of projects
whose license or exemption is terminated for failure to timely commence
construction also may be adversely affected. If a licensee fails to
start construction within two years of its license's effective date or
as extended by the Commission, the Commission must terminate the
license pursuant to section 13 of the FPA.\14\ Similarly, as noted
above, standard exemption Article 3 states that the Commission may
revoke an exemption if the exemptee fails to start construction within
the time prescribed by the Commission. From 2010 through 2014, the
Commission terminated one license, or an average of 0.2 licenses per
year, and no exemptions. Therefore, in the NOPR, we estimated that
annually 0.2 licenses would be assessed annual charges beginning two
years after a license's effective date until the license is terminated
for failure to construct.
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\14\ 16 U.S.C. 806 (2012).
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9. In sum, the proposed rule estimated that, on average, 5.2 (5
extensions + 0.2 terminations) licensees and/or exemptees per year
would begin paying annual charges earlier than would be the case under
the current regulations.
10. In response to the NOPR, the Commission received comments from two
entities. On July 20, 2015, FFP New Hydro, LLC filed comments on behalf
of its subsidiary project companies and together with its manager Rye
Development, LLC (collectively, FFP New Hydro). On July 21, 2015, the
National Hydropower Association (NHA) filed comments. The NOPR's
proposal, the comments received, and the Commission's determination are
discussed below.
III. Discussion
11. FFP New Hydro contends that the change contemplated by the NOPR
would increase the cost of hydropower development and discourage
investment in critical infrastructure, stating that developers often
take two years following issuance of a license, exemption, or amendment
to secure financing and often apply for extensions of time to commence
construction.\15\ In this vein, FFP New Hydro claims that the proposed
change would discourage new hydropower development and is therefore
contrary to the inherent goals of the Hydropower Regulatory Efficiency
Act of 2013.\16\ FFP New Hydro further asserts that developers, if
faced with the prospect of being assessed annual charges before
construction, will be forced to surrender their licenses more
frequently.\17\ For these reasons, FFP New Hydro advocates that the
Commission continue to commence assessment of annual charges when
project construction begins.\18\
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\15\ FFP New Hydro at 2.
\16\ Pub. L. 113-23, 27 Stat. 493. Id. at 4-5.
\17\ FFP New Hydro at 5.
\18\ Id. at 6.
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12. NHA asserts that the proposed change would not further the
administrative efficiency goals set forth in the NOPR, but would
instead increase the administrative burden on Commission staff,
licensees, and exemptees.\19\ As an example of a new administrative
burden that might result, NHA posits that the Commission would need to
implement a procedure for issuing refunds for any payment of annual
charges by a licensee or exemptee who ultimately fails to commence
construction.\20\ NHA further claims that the assessment of annual
charges before project construction would negatively impact the
hydropower industry and quell future investment in hydropower
[[Page 63669]]
development, especially pumped storage projects.\21\ Finally, NHA
argues that the change would run counter to recent initiatives intended
to stimulate and streamline hydropower development.\22\
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\19\ NHA at 2-4.
\20\ Id. at 4.
\21\ Id. at 4-7.
\22\ Id. at 7-8 (referencing the Water Resources Reform and
Development Act of 2014, Pub. L. 113-121, 128 Stat. 1193, the
Hydropower Regulatory Efficiency Act of 2013, Pub. L. 113-23, 27
Stat. 493, and The President's Climate Action Plan, Executive Office
of the President (June 25, 2013), available at: https://www.whitehouse.gov/sites/default/files/image/president27sclimateactionplan.pdf.)
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13. NHA recommends that the Commission continue to commence assessment
of annual charges on the date project construction begins.
Alternatively, NHA proposes that the Commission assess annual charges
when project operation commences.
14. Both FFP New Hydro and NHA contend that the phase of project
development that exists between issuance of a license, exemption, or
amendment and the start of construction is a critical period. While the
Commission recognizes the time constraints and financial obstacles
faced by licensees and exemptees, the licensing and pre-construction
phases also translate to a time-consuming and labor-intensive period
for Commission staff.\23\ During this time, the Commission's costs
related to a particular project begin to accrue, but are passed along
in the form of annual charges to the pool of non-municipal licensees
and exemptees for operating projects that are already subject to
assessment of annual charges.
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\23\ The Commission's considerable involvement during the
licensing and pre-construction phases of development is underscored
by FFP New Hydro's statement that ``they have filed hundreds of
thousands of pages of documentation with the Commission, are in
regular and constant communication with the Commission staff, and
will continue to be so throughout the licensing, post-licensing, and
construction stages.'' FFP New Hydro at 5.
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15. In effect, the Commission's costs during the labor-intensive
periods that surround issuance of a license, exemption, or amendment
authorizing new capacity are shouldered by the existing pool of
licensees and exemptees.\24\ The change envisioned by the NOPR, as
modified in this final rule, strives to strike a reasonable balance
that creates certainty for licensees and exemptees as to when
assessment of annual charges will commence, promotes administrative
efficiency for Commission staff by establishing a more clear point at
which to begin assessing annual charges, and lessens the burden on the
existing pool of licensees and exemptees currently bearing the burden
of paying annual charges for the administration of all pre-construction
projects. Moreover, this change will generate cost-saving benefits over
the current regulations for licensees and exemptees who act
expeditiously by commencing construction prior to the date triggering
assessment of annual charges.
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\24\ FFP New Hydro states that the assessment of annual charges
historically has commenced at the start of construction. To the
contrary, prior to 1995, annual charges were assessed from the date
of issuance of the license, exemption, or amendment authorizing new
capacity. 18 CFR 11.1 (1994). See Charges and Fees for Hydroelectric
Projects, Order No. 576, 60 FR 15,040 (March 22, 1995), FERC Stats.
& Regs. ] 31,016 (cross-referenced at 70 FERC ] 61,293) (1995)
(amending section 11.1 of the regulations to defer annual charges
until construction started).
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16. In its comments, NHA speculated that the proposed change would
actually add new administrative burdens by requiring the Commission to
create and implement a procedure to issue refunds for any payment of
annual charges by a licensee or exemptee who ultimately fails to
commence construction. This speculation is misguided. Because the
assessment of annual charges will be contingent on the expiration of a
set period of time rather than on whether the start of construction
ultimately occurs, there is no need for the Commission to develop a
program to handle refunds.
17. While no refunds will be offered, if a licensee or exemptee
successfully demonstrates an inability to pay at the time assessment of
annual charges commences, the availability of payment plans \25\ may
provide a measure of relief to certain licensees or exemptees assessed
annual charges before construction, but who anticipate being able to
settle their account once project financing is secured or generation
begins.\26\
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\25\ A payment plan request would be directed to, and ultimately
coordinated by, the Commission's Office of the Executive Director,
Revenue and Receivables Branch. The Commission's Chief Financial
Officer would determine whether or not to grant a payment plan
request.
\26\ We note that the inability of a licensee or exemptee to pay
annual charges may call into question that licensee or exemptee's
ability to bring a hydropower project to fruition. For example,
while the amount varies based on the type of project and its annual
generation, the administrative annual charges amount for a 5-MW
conventional project (with an annual energy output of zero), or a 5-
MW exemption, might be expected to be in the area of $8,000, an
amount any financially-viable licensee should be able to pay.
Although pumped storage projects and large, conventional projects
are often responsible for paying much more substantial annual charge
amounts, it is also the case that, if these projects are to be
successfully developed, these licensees will need to have access to
greater amounts of capital than do licensees of small projects.
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18. Both FFP New Hydro and NHA raised concerns that the effect of this
final rule might discourage hydropower development. NHA indicated that
pumped storage projects would be particularly affected by the changes
contemplated in the NOPR. In light of these concerns, the Commission
has decided to set the commencement of assessment of annual charges to
track the start-of-construction deadline for any license or exemption
authorizing an unconstructed project that receives an extension of the
start-of-construction deadline.\27\ In other words, any license or
exemption for an unconstructed project that receives an extension of
the start-of-construction deadline will be assessed annual charges
beginning at the expiration of the start-of-construction deadline, as
extended by the Commission (i.e., no longer than four years after the
issuance date of the license or exemption authorizing an unconstructed
project). A four-year period is consistent with the deadlines
established by section 13 and, accordingly, will give developers a
reasonable charge-free period in which to secure financing.
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\27\ Even with an extension of the start-of-construction
deadline, in no case would assessment of annual charges commence
later than four years after the issuance of a license or exemption
authorizing an unconstructed project.
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19. Similarly, for any license, exemption, or amendment authorizing
additional capacity that receives an extension of the start-of-
construction deadline, the Commission will begin assessing annual
charges upon the expiration of the deadline to start construction as
extended by the Commission. In light of the reasons discussed above,
and those identified in the NOPR, the Commission has modified the
NOPR's proposal to revise section 11.1(c)(5) of its regulations and
will begin assessing annual charges on the date by which a licensee or
exemptee is required to commence construction of an unconstructed
project or new capacity, rather than on the date project construction
actually begins. We believe that these modifications to the Final Rule
substantially address the concerns raised in response to the NOPR,
while also continuing to encourage hydropower development.
20. NHA has requested that the Commission not apply the revised
regulations to all current licensees, exemptees, and applicants.\28\ We
grant the request in part. For any license, exemption, or amendment
issued by the Commission prior to the effective date of this final
rule, we agree that the assessment of annual charges should remain the
start of construction. The revised regulations, however, will apply
[[Page 63670]]
to any license, exemption, or amendment that is issued after the
revised regulation's effective date. Thus, any application for a
license, exemption, or amendment that is pending before the Commission
when this final rule becomes effective will not be shielded from its
effects. Based on the phase and complexity of the application process,
an application could be before the Commission for several years before
a determination is issued. Thus, using two separate standards,
contingent on the date an application was filed, could potentially
persist for several years, could lead to confusion, and would place an
undue administrative burden on staff. Therefore, the revision to
section 11.1(c)(5) of the Commission's regulations will apply to any
applicable license, exemption, or amendment issued on or after the
effective date of this final rule.
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\28\ NHA at 9.
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IV. Regulatory Requirements
A. Information Collection Statement
21. The Paperwork Reduction Act \29\ requires each federal agency to
seek and obtain Office of Management and Budget (OMB) approval before
undertaking a collection of information directed to ten or more persons
or contained in a rule of general applicability. OMB regulations
require approval of certain information collection requirements
contained in final rules published in the Federal Register.\30\ The
final rule discussed above does not impose or alter existing reporting
or recordkeeping requirements on applicable entities as defined by the
Paperwork Reduction Act.\31\ Therefore, the Commission will submit this
final rule to OMB for informational purposes only.
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\29\ 44 U.S.C. 3501-3521 (2012).
\30\ See 5 CFR 1320.12 (2015).
\31\ 44 U.S.C. 3502(2)-(3) (2012).
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B. Environmental Analysis
22. The Commission is required to prepare an Environmental Assessment
or an Environmental Impact Statement for any action that may have a
significant adverse effect on the human environment.\32\ Commission
actions concerning annual charges are categorically exempt from this
requirement.\33\
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\32\ Regulations Implementing the National Environmental Policy
Act of 1969, Order No. 486, 52 FR 47,897 (Dec. 17, 1987), FERC
Stats. & Regs., Regulations Preambles 1986-1990 ] 30,783 (1987).
\33\ See 18 CFR 380.4(a)(11) (2015).
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C. Regulatory Flexibility Act
23. The Regulatory Flexibility Act of 1980 (RFA) \34\ generally
requires a description and analysis of proposed and final rules that
will have significant economic impact on a substantial number of small
entities. The RFA mandates consideration of regulatory alternatives
that accomplish the stated objectives of a proposed rule while
minimizing any significant economic impact on a substantial number of
small entities.\35\ In the NOPR, we certified that the proposed
regulation would not have a significant economic impact on a
substantial number of small entities.
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\34\ 5 U.S.C. 601-612 (2012).
\35\ 5 U.S.C. 603(c) (2012).
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24. As explained in the NOPR, the Small Business Administration's (SBA)
Office of Size Standards develops the numerical definition of a small
business.\36\ The SBA revised its size standard for electric utilities
(effective January 22, 2014) from a standard based on megawatt-hours to
a standard based on the number of employees, including affiliates.\37\
Under SBA's current size standards, a hydroelectric generator is small
if, including its affiliates, it employs 500 or fewer people.\38\ The
Commission, however, currently does not require information regarding
the number of individuals employed by hydroelectric generators to
administer Part I of the FPA, and therefore, is unable to estimate the
number of small entities using the new SBA definitions. Regardless, the
Commission anticipates that this final rule will affect few small
hydroelectric generators.
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\36\ 13 CFR 121.101 (2015).
\37\ SBA Final Rule on ``Small Business Size Standards:
Utilities,'' 78 FR 77,343 (Dec. 23, 2013).
\38\ 13 CFR 121.201, Sector 22, Utilities (2015).
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25. As noted earlier, this rulemaking will only affect non-state or
municipal licensed projects with an installed capacity exceeding 1.5 MW
that are unconstructed or have newly authorized capacity. From 2010
through 2014, the Commission issued on average 3.6 original licenses
and 0.4 exemptions per year authorizing unconstructed projects to
affected licensees and exemptees, and 1.6 relicenses and 5 license
amendments per year authorizing new capacity. In the NOPR, we estimated
that, in sum, on average a total of 10.6 licensees and exemptees may be
affected by the proposed rule annually.
26. Of the 10.6 total entities, only those that do not start
construction prior to the set deadline to commence construction (as may
be extended) will be negatively affected by the acceleration of annual
charges. Previously, the NOPR estimated that 5.2 licensees and/or
exemptees per year may be negatively affected by the changes
contemplated in the NOPR for failing to start construction within two
years. However, based on the modifications reflected in the final
rule,\39\ we estimate that zero licensees and/or exemptees will be
negatively affected by failing to start construction by the set
deadline, as may be extended by the Commission.\40\ Moreover, small
entities that would otherwise start construction before the date by
which they are required to commence construction of an unconstructed
project or new capacity will benefit from the final rule as it delays
the commencement of assessment of annual charges until the established
deadline to start construction.
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\39\ See supra paragraphs 18-19.
\40\ Conceivably, a licensee or exemptee that has received an
extension of the start-of-construction deadline might be responsible
for paying annual charges that began to accrue four years after the
issuance date of the license or exemption, but prior to termination
of the license, or revocation of the exemption, for failure to
commence construction. However, this would be rare.
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27. Accordingly, pursuant to section 605(b) of the RFA, the Commission
certifies that this final rule will not have a significant economic
impact on a substantial number of small entities.
D. Document Availability
28. In addition to publishing the full text of this document in the
Federal Register, the Commission provides all interested persons an
opportunity to view and print the contents of this document via the
Internet through the Commission's Home Page (http://www.ferc.gov) and
in the Commission's Public Reference Room during normal business hours
(8:30 a.m. to 5:00 p.m. Eastern time) at 888 First Street, NE., Room
2A, Washington, DC 20426.
29. From the Commission's Home Page on the Internet, this information
is available on eLibrary. The full text of this document is available
on eLibrary in PDF and Microsoft Word format for viewing, printing, and
downloading. To access this document in eLibrary, type the docket
number excluding the last three digits of this document in the docket
number field.
30. User assistance is available for eLibrary and the Commission's Web
site during normal business hours from the Commission's Online Support
at (202) 502-6652 (toll free at 1-866-208-3676) or email at
[email protected], or the Public Reference Room at (202) 502-
8371, TTY (202) 502-8659. Email the Public Reference Room at
[email protected].
[[Page 63671]]
E. Effective Date and Congressional Notification
31. This regulation is effective December 21, 2015. The Commission has
determined, with concurrence of the Administrator of the Office of
Information and Regulatory Affairs of OMB, that this rule is not a
``major rule'' as defined in section 251 of the Small Business
Regulatory Enforcement Fairness Act of 1996.\41\ This rule is being
submitted to the Senate, House, and Government Accountability Office.
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\41\ 5 U.S.C. 804(2) (2012).
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List of Subjects in 18 CFR Part 11
Electric power, Reporting and recordkeeping requirements.
By the Commission.
Issued: October 15, 2015.
Kimberly D. Bose,
Secretary.
In consideration of the foregoing, the Commission amends part 11,
chapter I, title 18, Code of Federal Regulations, as follows:
PART 11--ANNUAL CHARGES UNDER PART I OF THE FEDERAL POWER ACT
0
1. The authority citation for part 11 continues to read as follows:
Authority: 16 U.S.C. 792-828c; 42 U.S.C. 7101-7352.
0
2. Revise Sec. 11.1(c)(5) to read as follows:
Sec. 11.1 Costs of administration.
* * * * *
(c) * * *
(5) For unconstructed projects, the assessments begin on the date
by which the licensee or exemptee is required to commence project
construction, or as that deadline may be extended, but in no case
longer than four years after the issuance date of the license or
exemption. For constructed projects, the assessments begin on the
effective date of the license or exemption, except for any new capacity
authorized therein. The assessments for new authorized capacity at
licensed or exempted projects begin on the date by which the licensee
or exemptee is required to commence construction of the new capacity.
In the event that assessments begin during a fiscal year, the charges
will be prorated.
* * * * *
[FR Doc. 2015-26726 Filed 10-20-15; 8:45 am]
BILLING CODE 6717-01-P