[Federal Register: July 13, 2006 (Volume 71, Number 134)]
[Proposed Rules]
[Page 39603-39604]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr13jy06-37]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
18 CFR Parts 366, 367, 368, 369 and 375
[Docket No. RM06-11-000]
Financial Accounting, Reporting and Records Retention
Requirements Under the Public Utility Holding Company Act of 2005
Issued June 30, 2006.
AGENCY: Federal Energy Regulatory Commission.
ACTION: Notice of Proposed Rulemaking: Notice of agenda, panelists and
questions for July 18, 2006 Technical Conference.
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SUMMARY: On April 21, 2006, the Federal Energy Regulatory Commission
issued a Notice of Proposed Rulemaking in the above-docketed proceeding
concerning Financial Accounting, Reporting and Records Retention
Requirements Under the Public Utility Holding Company Act of 2005, 71
FR 28464, May 16, 2006. The Commission is convening a technical
conference on July 18, 2006, to identify issues associated with the
proposed Uniform System of Accounts for Centralized Service Companies,
the proposed records retention requirements for holding companies and
service companies, and the Revised Form 60. By this notice, the
Commission is providing the agenda, panelists and a list of questions
that will be addressed by the panelists at this conference.
DATES: Conference will be held on July 18, 2006.
FOR FURTHER INFORMATION CONTACT: Julia A. Lake (Legal Information),
Office of the General Counsel--Energy Markets, Federal Energy
Regulatory Commission, 888 First Street, NE., Washington, DC 20426.
Telephone: (202) 502-8370. E-mail: julia.lake@ferc.gov.
SUPPLEMENTARY INFORMATION:
Notice of Agenda, Panelists and Questions
As announced on April 21 and June 16, 2006, the Federal Energy
Regulatory Commission (Commission) will hold a technical conference and
workshop in
[[Page 39604]]
the above-referenced proceeding on July 18, 2006, in the Commission
Meeting Room. The meeting will begin at 9 a.m. (Eastern Daylight
Savings Time) and conclude at approximately 1:30 p.m. All interested
persons are invited to attend. There is no registration fee to attend
this conference.
Nine comments were filed in response to the proposed Uniform System
of Accounts for Centralized Service Companies, the proposed records
retention requirements for holding companies and service companies, and
the revised FERC Form No. 60.\1\ These comments raise a number of
issues. We request that the panel members address the following issues
raised by commentors:
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\1\ Financial Accounting, Reporting and Records Retention
Requirements under the Public Utility Holding Company Act of 2005,
Notice of Proposed Rulemaking, 71 FR 28464 (May 16, 2006), FERC
Statutes and Regulations ] 32,600 (2006).
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1. Is a separate Uniform System of Accounts necessary for service
companies?
2. Are the proposed accounting and reports too burdensome to comply
with? What parts cause the most burden?
3. Should a structured reporting format be required for service
companies?
4. If a separate Uniform System of Accounts and structured reports
are adopted, what are the most significant modifications to what was
proposed in the NOPR that should be considered?
5. What should the effective date be for the new requirements?
Transcripts of the meeting will be available immediately for a fee
from Ace Reporting Company ((202) 347-3700 or 1-(800) 336-6646). They
will be available for free on the Commission's eLibrary system and on
the events calendar about two weeks after the conference. There will be
open microphones for conference attendees to present their questions to
the panelists and Commission staff.
FERC conferences and meetings are accessible under section 508 of
the Rehabilitation Act of 1973. For accessibility accommodations,
please send an e-mail to accessibility@ferc.gov or call toll free (866)
208-3372 (voice) or (202) 502-8659 (TTY), or send a fax to (202) 208-
2106 with the required accommodations.
Attached is the agenda, including the panelists who will speak at
the conference.
Questions about the conference should be directed to: Julia A.
Lake, Office of the General Counsel, Federal Energy Regulatory
Commission, 888 First Street, NE., Washington, DC 20426. (202) 502-
8370. Julia.lake@ferc.gov.
Magalie R. Salas,
Secretary.
Agenda for Financial Accounting, Reporting and Records Retention
Requirements Under PUHCA 2005 Technical Conference--July 18, 2006
9-9:10 a.m. Introductory Remarks by Susan Court, Director, Office of
Enforcement (OE).
9:10-9:20 a.m. Overview by Janice Garrison Nicholas, Director, Division
of Financial Regulation, Office of Enforcement.
9:15-11 a.m. Association and Industry Panel.
Panelists:
--Henri Bartholomot--Director, Regulatory Legal Issues, Edison
Electric Institute.
--David Stringfellow--Director of Accounting, Edison Electric
Institute.
--Kathleen McNulty-Kropp--Manager, Regulatory Accounting Policy and
Reporting, Xcel Energy Inc. for Edison Electric Institute-William
Richert--Assistant Controller, National Grid USA.
--Sandra Bennett--Assistant Controller, American Electric Power,
Inc.
--Beverly M. Holmes--Director of Accounting, Southern Company
Services, Inc.
11-11:15 a.m. Break.
11:15 a.m.-1 p.m. State Commissions and Other Interest Groups Panel.
Panelists:
--Thomas J. Ferris--Audit Manager-Consultant, Gas and Energy
Division, Public Service Commission of Wisconsin.
--Joseph Buckley--Utility Specialist, Public Utilities Commission
of Ohio.
--James Mitchell--Supervisor, Utility, Accounting and Finance, New
York State Public Service Commission.
--Steven Ruppel--Contract Compliance Audit Manager, Florida
Municipal Power Agency.
1-1:15 p.m. Wrap up Questions and Answers.
1:15-1:30 p.m. Concluding Remarks.
[FR Doc. E6-11001 Filed 7-12-06; 8:45 am]
BILLING CODE 6717-01-P