[Unified Agenda of Federal Regulatory and Deregulatory Actions]
[Office of Federal Housing Enterprise Oversight Semiannual Regulatory Agenda]
[From the U.S. Government Printing Office, www.gpo.gov]


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Part XXXIII





Office of Federal Housing Enterprise Oversight





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Semiannual Regulatory Agenda

[[Page 23432]]



OFFICE OF FEDERAL HOUSING ENTERPRISE OVERSIGHT (OFHEO)






_______________________________________________________________________

OFFICE OF FEDERAL HOUSING ENTERPRISE OVERSIGHT

12 CFR Ch. XVII

Unified Agenda of Federal Regulatory and Deregulatory Actions

AGENCY: Office of Federal Housing Enterprise Oversight.

ACTION: Semiannual regulatory agenda.

_______________________________________________________________________

SUMMARY: This notice is given pursuant to the requirements of the 
``Regulatory Flexibility Act'' (Pub. L. 96-354, September 19, 1980) and 
Executive Order 12866 (``Regulatory Planning and Review,'' September 
30, 1993), which require the publication of a semiannual agenda of 
regulations.

FOR FURTHER INFORMATION CONTACT: David A. Felt, Acting General Counsel, 
Office of Federal Housing Enterprise Oversight, 1700 G Street NW., 
Washington, DC 20552, (202) 414-3750.

Dated: March 16, 2006.

 Stephen A. Blumenthal,

Acting Director, Office of Federal Housing Enterprise Oversight.

                        Office of Federal Housing Enterprise Oversight--Long-Term Actions
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                                                                                                     Regulation
 Sequence                                           Title                                            Identifier
  Number                                                                                               Number
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3384        Enforcement of Nondiscrimination on the Basis of Disability in Programs or Activities     2550-AA11
            Conducted by the Office of Federal Housing Enterprise Oversight.......................
3385        Minimum Capital.......................................................................    2550-AA18
3386        Conservators and Conservatorship......................................................    2550-AA30
3387        Corporate Governance--Prohibition on Indemnification Payments.........................    2550-AA32
3388        Risk-Based Capital Amendment..........................................................    2550-AA35
3389        Prompt Corrective Action Amendment....................................................    2550-AA36
----------------------------------------------------------------------------------------------------------------

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Office of Federal Housing Enterprise Oversight (OFHEO)Long-Term Actions






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3384. ENFORCEMENT OF NONDISCRIMINATION ON THE BASIS OF DISABILITY IN 
PROGRAMS OR ACTIVITIES CONDUCTED BY THE OFFICE OF FEDERAL HOUSING 
ENTERPRISE OVERSIGHT

Priority: Info./Admin./Other

Legal Authority: 29 USC 794

CFR Citation: 12 CFR 1706

Legal Deadline: None

Abstract: The Office of Federal Housing Enterprise Oversight will, upon 
receipt of requested guidance from the Department of Justice (DOJ), 
propose a regulation to effectuate section 119 of the Rehabilitation 
Comprehensive Services, and Developmental Disabilities Amendment of 
1978, which amended a section of the Rehabilitation Act of 1973 to 
prohibit discrimination on the basis of disability in programs or 
activities conducted by executive agencies or the United States Postal 
Service.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                             To Be                       Determined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Isabella W. Sammons, Deputy General Counsel, Office of 
Federal Housing Enterprise Oversight, 1700 G Street NW, Washington, DC 
20552
Phone: 202 414-3790

RIN: 2550-AA11
_______________________________________________________________________




3385. MINIMUM CAPITAL

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 4612

CFR Citation: 12 CFR 1750

Legal Deadline: None

Abstract: The Office of Federal Housing Enterprise Oversight intends to 
request comments on a proposed amendment to its Minimum Capital rule to 
accommodate changes in Generally Accepted Accounting Principles, 
clarify reporting requirements, and make supervisory monitoring of 
capital more transparent.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                             To Be                       Determined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: David A. Felt, Acting General Counsel, Office of 
Federal Housing Enterprise Oversight, 1700 G Street NW, Washington, DC 
20552
Phone: 202 414-3750

Related RIN: Related to 2550-AA03
RIN: 2550-AA18
_______________________________________________________________________




3386. CONSERVATORS AND CONSERVATORSHIP

Priority: Substantive, Nonsignificant

Unfunded Mandates: Undetermined

Legal Authority: 12 USC 4513, 4515 to 4517, 4619 to 4621

CFR Citation: 12 CFR 1771

Legal Deadline: None

Abstract: The Office of Federal Housing Enterprise Oversight (OFHEO) 
intends to solicit comments on a proposed regulation governing the 
appointment of a conservator for either Fannie Mae or Freddie Mac and 
the operation of the resulting conservatorship.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                             To Be                       Determined

[[Page 23433]]

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: David A. Felt, Acting General Counsel, Office of 
Federal Housing Enterprise Oversight, 1700 G Street NW, Washington, DC 
20552
Phone: 202 414-3750

RIN: 2550-AA30
_______________________________________________________________________




3387. CORPORATE GOVERNANCE--PROHIBITION ON INDEMNIFICATION PAYMENTS

Priority: Other Significant

Legal Authority: 12 USC 4513(a); 12 USC 4513(b)(1)

CFR Citation: Not Yet Determined

Legal Deadline: None

Abstract: OFHEO intends to solicit comments on a proposed amendment to 
the existing corporate governance regulation to enhance the minimum 
corporate governance standards applicable to the Enterprises by 
limiting indemnification payments by the Enterprises. The proposed rule 
would clarify that the Enterprises are subject to the same type of 
limits on indemnification of employees and directors as other federally 
regulated financial institutions. These limits help to prevent abuses 
in indemnity payments and help maintain safe and sound operations at 
the Enterprises. The proposed rule amendment is classified as Other 
Significant for regulatory planning and review and has not been 
classified as a major rule for purposes of the Small Business 
Regulatory Enforcement Fairness Act.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                             To Be                       Determined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

URL For More Information:
www.ofheo.gov

URL For Public Comments:
[email protected]">[email protected]

Agency Contact: David A. Felt, Acting General Counsel, Office of 
Federal Housing Enterprise Oversight, 1700 G Street NW, Washington, DC 
20552
Phone: 202 414-3750

Related RIN: Related to 2550-AA24, Related to 2550-AA20
RIN: 2550-AA32
_______________________________________________________________________




3388.  RISK-BASED CAPITAL AMENDMENT

Priority: Info./Admin./Other

Legal Authority: 12 USC 4513; 12 USC 4514; 12 USC 4611; 12 USC 4612; . 
. .

CFR Citation: Not Yet Determined

Legal Deadline: None

Abstract: The Office of Federal Housing Enterprise Oversight (OFHEO) is 
proposing to make technical and correcting amendments to the appendix 
A, subpart B, of 12 CFR part 1750 Risk-Based Capital. The proposed 
technical amendments are intended to enhance the accuracy of the 
calculation of the risk-based capital requirement for the Enterprises.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                             To Be                       Determined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Federalism:  Undetermined

Agency Contact: David A. Felt, Acting General Counsel, Office of 
Federal Housing Enterprise Oversight, 1700 G Street NW, Washington, DC 
20552
Phone: 202 414-3750

Related RIN: Previously reported as 2550-AA26
RIN: 2550-AA35
_______________________________________________________________________




3389.  PROMPT CORRECTIVE ACTION AMENDMENT

Priority: Info./Admin./Other

Legal Authority: 12 USC 4513(b); 12 USC 4611 to 4619

CFR Citation: 12 CFR 1777

Legal Deadline: None

Abstract: OFHEO intends to publish a technical amendment to its Prompt 
Corrective Action regulation to delete an obsolete provision governing 
capital classifications of the Enterprises before the effective date of 
the Risk-Based Capital rule. This provision no longer has any affect 
because the Risk-Based Capital rule is now effective.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                             To Be                       Determined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: David A. Felt, Acting General Counsel, Office of 
Federal Housing Enterprise Oversight, 1700 G Street NW, Washington, DC 
20552
Phone: 202 414-3750

Related RIN: Previously reported as 2501-AA12
RIN: 2550-AA36
[FR Doc. 06-2946 Filed 04-21-06; 8:45 am]
BILLING CODE 4220-01-S
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