[The Regulatory Plan and 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 XXXIV





Office of Federal Housing Enterprise Oversight





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Semiannual Regulatory Agenda

[[Page 74030]]



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: Alfred M. Pollard, General Counsel, 
Office of Federal Housing Enterprise Oversight, 1700 G Street NW., 
Washington, DC 20552, (202) 414-3788.

Dated: September 5, 2006.

 James B. Lockhart III,

Director, Office of Federal Housing Enterprise Oversight.

                        Office of Federal Housing Enterprise Oversight--Final Rule Stage
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                                                                                                     Regulation
 Sequence                                           Title                                            Identifier
  Number                                                                                               Number
----------------------------------------------------------------------------------------------------------------
3462        Record Retention......................................................................    2550-AA34
3463        Risk-Based Capital Amendment..........................................................    2550-AA35
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                        Office of Federal Housing Enterprise Oversight--Long-Term Actions
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                                                                                                     Regulation
 Sequence                                           Title                                            Identifier
  Number                                                                                               Number
----------------------------------------------------------------------------------------------------------------
3464        Enforcement of Nondiscrimination on the Basis of Disability in Programs or Activities     2550-AA11
            Conducted by the Office of Federal Housing Enterprise Oversight.......................
3465        Minimum Capital.......................................................................    2550-AA18
3466        Conservators and Conservatorship......................................................    2550-AA30
3467        Corporate Governance--Prohibition on Indemnification Payments.........................    2550-AA32
3468        Prompt Corrective Action Amendment....................................................    2550-AA36
3469        Organization and Functions............................................................    2550-AA37
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Office of Federal Housing Enterprise Oversight (OFHEO) Final Rule Stage


  



_______________________________________________________________________




3462. [bull] RECORD RETENTION

Priority: Other Significant

Legal Authority: 12 USC 4513; 12 USC 4514; 12 USC 4631; 12 USC 4632

CFR Citation: 12 CFR 1732

Legal Deadline: None

Abstract: This regulation sets forth record retention requirements for 
the enterprises' record management programs that are consistent with 
safety and soundness responsibilities of OFHEO under the Federal 
Housing Enterprises Financial Safety and Soundness Act of 1992.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/01/06                    71 FR 31121
NPRM Comment Period End         07/31/06
Final Action                    12/00/06

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

URL For More Information:
www.ofheo.gov

Agency Contact: Christine C. Dion, Associate General Counsel, Office of 
Federal Housing Enterprise Oversight, 1700 G Street NW, Washington, DC 
20552
Phone: 202 414-3838

RIN: 2550-AA34
_______________________________________________________________________




3463. RISK-BASED CAPITAL AMENDMENT

Priority: Other Significant

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

CFR Citation: 12 CFR 1750

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 
as described in the regulation and will be published by December 2006.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    12/00/06

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: David A. Felt, Deputy General Counsel, Office of 
Federal

[[Page 74031]]

Housing Enterprise Oversight, 1700 G Street NW, Washington, DC 20552
Phone: 202 414-3750

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


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


  



_______________________________________________________________________




3464. 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
_______________________________________________________________________




3465. 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, Deputy 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
_______________________________________________________________________




3466. 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

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

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

RIN: 2550-AA30
_______________________________________________________________________




3467. 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]

[[Page 74032]]

Agency Contact: David A. Felt, Deputy 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
_______________________________________________________________________




3468. 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. This amendment 
will be incorporated into and published with the Risk-Based Capital 
Amendment (2550-AA35).

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, Deputy General Counsel, Office of 
Federal Housing Enterprise Oversight, 1700 G Street NW, Washington, DC 
20552
Phone: 202 414-3750

Related RIN: Related to 2550-AA35
RIN: 2550-AA36
_______________________________________________________________________




3469. [bull] ORGANIZATION AND FUNCTIONS

Priority: Info./Admin./Other

Legal Authority: 5 USC 552; 12 USC 4513; 12 USC 4526

CFR Citation: 12 CFR 1700

Legal Deadline: None

Abstract: Revision of organizational structure to establish a new 
Office of Supervision and to establish a new position of Director of 
Supervision.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                             To Be                       Determined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Mary Alice Donner, Senior Counsel, Office of Federal 
Housing Enterprise Oversight, 1700 G Street NW, Washington, DC 20552
Phone: 202 343-1319
Fax: 202-414-6514
Email: [email protected]

Related RIN: Related to 2550-AA33, Related to 2550-AA29, Related to 
2550-AA27
RIN: 2550-AA37
[FR Doc. 06-7693 Filed 12-08-06; 8:45 am]
BILLING CODE 4420-01-S