[Federal Register Volume 86, Number 216 (Friday, November 12, 2021)]
[Notices]
[Pages 62886-62887]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-24904]


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UNIFIED CARRIER REGISTRATION PLAN


Sunshine Act; Meeting

TIME AND DATE: November 10, 2021, 12:00 p.m. to 2:00 p.m., Eastern 
time.

PLACE: This meeting will be accessible via conference call and via Zoom 
Meeting and Screenshare. Any interested person may call (i) 1-929-205-
6099 (U.S. Toll) or 1-669-900-6833 (U.S. Toll) or (ii) 1-877-853-5247 
(U.S. Toll Free) or 1-888-788-0099 (U.S. Toll Free), Meeting ID: 993 
7383 0700, to listen and participate in this meeting. The website to 
participate via Zoom Meeting and Screenshare is https://kellen.zoom.us/j/99373830700.

STATUS: This meeting will be open to the public.

MATTERS TO BE CONSIDERED: The Unified Carrier Registration Plan Finance 
Subcommittee (the ``Subcommittee'') will continue its work in 
developing and implementing the Unified Carrier Registration Plan and 
Agreement. The subject matter of this meeting will include:

Proposed Agenda

I. Call to Order--Subcommittee Chair

    The Subcommittee Chair will welcome attendees, call the meeting to 
order, call roll for the Subcommittee, confirm whether a quorum is 
present, and facilitate self-introductions.

II. Verification of Publication of Meeting Notice--UCR Executive 
Director

    The UCR Executive Director will verify the publication of the 
meeting notice on the UCR website and distribution to the UCR contact 
list via email followed by the subsequent publication of the notice in 
the Federal Register.

III. Review and Approval of Subcommittee Agenda and Setting of Ground 
Rules--Subcommittee Chair

For Discussion and Possible Subcommittee Action

    The Agenda will be reviewed, and the Subcommittee will consider 
adoption.
Ground Rules
    [rtarr8] Subcommittee action only to be taken in designated areas 
on agenda.

[[Page 62887]]

IV. Review and Approval of Subcommittee Minutes From the July 15, 2021 
Meeting--Subcommittee Chair

For Discussion and Possible Subcommittee Action

    Draft minutes from the July 15, 2021 Subcommittee meeting via 
teleconference will be reviewed. The Subcommittee will consider action 
to approve.

V. Review of 2022 Administrative Budget--UCR Depository Manager

For Discussion and Possible Subcommittee Action

    The UCR Depository Manager will lead a discussion regarding the 
continued preparation of the 2022 UCR administrative budget. The 
Subcommittee may take action to recommend to the Board adoption of the 
2022 budget.

VI. Investing Excess Fees for the 2021 Registration Year in 
Certificates of Deposit (CDs)--Subcommittee Chair and UCR Depository 
Manager

For Discussion and Possible Subcommittee Action

    The Subcommittee Chair and UCR Depository Manager will lead a 
discussion regarding an opportunity to invest 2021 excess fees into one 
or more CDs. CDs will earn a somewhat better return than the current 
savings accounts at the Bank of North Dakota where these funds are 
deposited. The 2021 excess fees will not be utilized until January 2023 
at the earliest, so earning a higher rate of return will increase the 
excess fees, providing for additional funding in 2023. The Subcommittee 
may take action to recommend a plan to the Board.

VII. Development of an Investment Strategy--Subcommittee Chair and UCR 
Depository Manager

For Discussion and Possible Subcommittee Action

    The Subcommittee Chair and UCR Depository Manager will lead a 
discussion regarding the development of an investment strategy and 
policy for increasing the rate of return on administrative reserve 
funds that are currently invested in CDs, which are earning 
historically low rates of interest. Maintaining safety of 
administrative reserves capital will be a priority in the strategy. The 
Subcommittee may take action to recommend a plan to the Board for 
investing administrative reserve funds.

VIII. Review of 2021 Administrative Expenses--UCR Depository Manager

    The UCR Depository Manager will review the expenditures of the UCR 
Plan for the first ten months ended October 31, 2021 with the 
Subcommittee. A forecast for the final two months in the year will also 
be presented.

IX. Other Business--Subcommittee Chair

    The Subcommittee Chair will call for any other items Subcommittee 
members would like to discuss.

X. Adjournment--Subcommittee Chair

    The Subcommittee Chair will adjourn the meeting.
    The agenda will be available no later than 5:00 p.m. Eastern time, 
November 3, 2021 at: https://plan.ucr.gov.

CONTACT PERSON FOR MORE INFORMATION: Elizabeth Leaman, Chair, Unified 
Carrier Registration Plan Board of Directors, (617) 305-3783, 
[email protected].

Alex B. Leath,
Chief Legal Officer, Unified Carrier Registration Plan.
[FR Doc. 2021-24904 Filed 11-9-21; 4:15 pm]
BILLING CODE 4910-YL-P