[Federal Register Volume 85, Number 172 (Thursday, September 3, 2020)]
[Proposed Rules]
[Page 54946]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-19575]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency

12 CFR Part 22

[Docket ID OCC-2020-0008]

FEDERAL RESERVE SYSTEM

12 CFR Part 208

[Docket No. OP-1720]

FEDERAL DEPOSIT INSURANCE CORPORATION

12 CFR Part 339

RIN 3064-ZA16

FARM CREDIT ADMINISTRATION

12 CFR Part 614

RIN 3052-AD42

NATIONAL CREDIT UNION ADMINISTRATION

12 CFR Part 760

RIN 3133-AF14


Loans in Areas Having Special Flood Hazards; Interagency 
Questions and Answers Regarding Flood Insurance; Extension of Comment 
Period

AGENCY: Office of the Comptroller of the Currency, Treasury (OCC); 
Board of Governors of the Federal Reserve System (Board); Federal 
Deposit Insurance Corporation (FDIC); Farm Credit Administration (FCA); 
National Credit Union Administration (NCUA).

ACTION: Notification and request for comment; extension of comment 
period.

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SUMMARY: On July 6, 2020, the OCC, Board, FDIC, FCA, and NCUA 
(collectively, the Agencies) published in the Federal Register a notice 
soliciting comments on a proposal to reorganize, revise, and expand the 
Interagency Questions and Answers Regarding Flood Insurance (July 2020 
Proposed Questions and Answers). The July 2020 Proposed Questions and 
Answers provided for a comment period ending on September 4, 2020. The 
Agencies have determined that an extension of the comment period until 
November 3, 2020, is appropriate. This action will allow interested 
parties additional time to analyze the proposal and prepare and submit 
comments.

DATES: The comment period for the proposed revisions to the Interagency 
Flood Questions and Answers, published on July 6, 2020 (85 FR 40442), 
is extended from September 4, 2020, to November 3, 2020.

ADDRESSES: You may submit comments by any of the methods identified in 
the proposal.

FOR FURTHER INFORMATION CONTACT: 
    OCC: Rhonda L. Daniels, Compliance Specialist, Compliance Risk 
Policy Division, (202) 649-5405; Heidi M. Thomas, Special Counsel, or 
Cyndy MacMahon, Attorney, Chief Counsel's Office, (202) 649-6350, or, 
for persons who are deaf or hard of hearing, TTY, (202) 649-5597.
    Board: Lanette Meister, Senior Supervisory Consumer Financial 
Services Analyst (202) 452-2705 or Vivian W. Wong, Senior Counsel (202) 
452-3667, Division of Consumer and Community Affairs; Daniel Ericson, 
Senior Counsel (202) 452-3359, Legal Division; for users of 
Telecommunications Device for the Deaf (TDD) only, contact (202) 263-
4869.
    FDIC: Navid Choudhury, Counsel, Policy Unit, Legal Division, (202) 
898-6526; or Simin Ho, Senior Policy Analyst, Division of Depositor and 
Consumer Protection, (202) 898-6907.
    FCA: Ira D. Marshall, Senior Policy Analyst, Office of Regulatory 
Policy, (703) 883-4379, TTY (703) 883-4056 or Jennifer Cohn, Senior 
Counsel, Office of General Counsel, (720) 213-0440.
    NCUA: Sarah Chung, Senior Staff Attorney, Office of General 
Counsel, (703) 518-6540, or Lou Pham, Senior Credit Specialist, Office 
of Examination and Insurance, (703) 518-6360.

SUPPLEMENTARY INFORMATION: On July 6, 2020, the Agencies published in 
the Federal Register \1\ a notice soliciting comments on a proposal to 
reorganize, revise, and expand the Interagency Questions and Answers 
Regarding Flood Insurance (July 2020 Proposed Questions and Answers). 
The Agencies proposed new and revised guidance addressing the most 
frequently asked questions and answers about flood insurance to help 
lenders meet their responsibilities under Federal flood insurance law 
and to increase public understanding of these requirements.
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    \1\ 85 FR 40442 (July 6, 2020).
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    The July 2020 Proposed Questions and Answers stated that the 
comment period would close on September 4, 2020. The Agencies received 
public comments requesting an extension of the comment period due to 
the extent of the revisions proposed by the Agencies and the COVID-19 
emergency. An extension of the comment period will provide additional 
opportunity for the public to review and prepare comments. Therefore, 
the Agencies are extending the end of the comment period for the 
proposal from September 4, 2020, to November 3, 2020.

Blake Paulson,
Senior Deputy Comptroller and Chief Operating Officer.
Ann E. Misback,
Secretary of the Board.

Federal Deposit Insurance Corporation.

    Dated at Washington, DC, on August 31, 2020.
Robert E. Feldman,
Executive Secretary.

    Dated at McLean, VA, this 31st day of August 2020.
Dale Aultman,
Secretary, Farm Credit Administration Board.

Gerard Poliquin,
Secretary of the Board, National Credit Union Administration.
[FR Doc. 2020-19575 Filed 9-2-20; 8:45 am]
BILLING CODE 4810-33-P; 6210-01-P; 6714-01-P; 7535-01-P; 6705-01-P