[Federal Register Volume 75, Number 122 (Friday, June 25, 2010)]
[Rules and Regulations]
[Pages 36270-36271]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-15317]
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FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL
12 CFR Part 1102
[Docket No. AS10-2]
Appraisal Subcommittee; Appraiser Regulation; Privacy Act
Implementation
AGENCY: Appraisal Subcommittee of the Federal Financial Institutions
Examination Council (Subcommittee).
ACTION: Final rule amendments.
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SUMMARY: The Subcommittee is adopting nonsubstantive amendments to its
regulations relating to the Privacy Act of 1974. The amendments correct
the street address and zip code for the Subcomittee's office, which was
moved in October 2008, from 2000 K Street, NW., Suite 310, Washington,
DC 20006, to 1401 H Street, NW., Suite 760,Washington, DC 20005.
DATES: Effective Date: June 25, 2010.
FOR FURTHER INFORMATION CONTACT: Alice M. Ritter, General Counsel, at
(202) 595-7577 or [email protected]; Appraisal Subcommittee; 1401 H Street,
NW., Suite 760, Washington, DC 20005.
SUPPLEMENTARY INFORMATION:
I. Authority and Section-by-Section Analysis
The Privacy Act of 1974 is based, in part, on the finding by
Congress that ``in order to protect the privacy of individuals
identified in information systems maintained by Federal agencies, it is
necessary and proper for the Congress to regulate the collection,
maintenance, use, and dissemination of information by such agencies.''
To achieve this objective, the Act generally provides that Federal
agencies must advise an individual upon request whether records
maintained by the agency in a system of records pertain to the
individual and must grant the individual access to such records. The
Act further provides that individuals may request amendments to records
pertaining to them that are maintained by the agency, and that the
agency shall either grant the requested amendments or set forth fully
its reasons for refusing to do so.
In 1992, the Subcommittee, pursuant to subsection (f) of the
Privacy Act, adopted 12 CFR subpart C containing rules and procedures
to implement the Privacy Act. In October 2008, the Subcommittee moved
its offices from 2000 K Street, NW., to its current location at 1401 H
Street, NW. Subpart C, as adopted, contains numerous references to the
Subcommittee's K Street address. The Subcommittee is amending subpart C
by removing all references to the former K Street location and
replacing them with the Subcommittee's current H Street address.
II. Administrative Requirements
A. Notice and Comment Requirements Under 5 U.S.C. 553
The Subcommittee, under 12 U.S.C. 553, is required, among other
things, to publish in the Federal Register for public notice and
comment a general notice of proposed rule making, unless, in accordance
with paragraph (b)(3)(B), the agency finds ``for good cause * * * that
notice and public procedure thereon are impracticable, unnecessary, or
contrary to the public interest.'' The Subcommittee finds that notice
and procedure are unnecessary in connection with these rule amendments
because they are nonsubstantive and essentially are nomenclature
changes, as that term is defined in the Federal Register Document
Drafting Handbook, page 2-31 (October 1998).
List of Subjects in 12 CFR Part 1102
Administrative practice and procedure, Banks, banking, Freedom of
information, Mortgages, Organization and functions (Government
agencies), Reporting and recordkeeping requirements.
Text of the Rule
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For the reasons set forth in the preamble, title 12, chapter XI of the
Code of Federal Regulations is amended as follows:
PART 1102--APPRAISER REGULATION
Subpart C--Rules Pertaining to the Privacy of Individuals and
Systems of Records Maintained by the Appraisal Subcommittee
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1. The authority citation for part 1102, subpart C is revised to read
as follows:
Authority: Privacy Act of 1974, Pub. L. 93-579, 88 Stat. 1896;
12 U.S.C. 552a, as amended.
Sec. Sec. 1102.102, 1102.105, and 1102.107 [Amended]
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2. In 12 CFR part 1102, remove the words ``2000 K Street, NW., Suite
310, Washington, DC 20006'' and add, in their place, the words, ``1401
H Street, NW., Suite 760,Washington, DC 20005'' in the following
places:
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a. Section 1102.102(a) introductory text, and (a)(2);
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b. Section 1102.105(a); and
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c. Section 1102.107(a)(2), and (b)(1).
By the Appraisal Subcommittee.
[[Page 36271]]
Dated: June 16, 2010.
Deborah S. Merkle,
Chairman.
[FR Doc. 2010-15317 Filed 6-24-10; 8:45 am]
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