Skip to Content

Rule

Appraisal Subcommittee; Appraiser Regulation; Privacy Act Implementation

Document Details

Information about this document as published in the Federal Register.

Published Document

This document has been published in the Federal Register. Use the PDF linked in the document sidebar for the official electronic format.

Start Preamble

AGENCY:

Appraisal Subcommittee of the Federal Financial Institutions Examination Council (Subcommittee).

ACTION:

Final rule amendments.

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.

Start Further Info

FOR FURTHER INFORMATION CONTACT:

Alice M. Ritter, General Counsel, at (202) 595-7577 or alice@asc.gov; Appraisal Subcommittee; 1401 H Street, NW., Suite 760, Washington, DC 20005.

End Further Info End Preamble Start Supplemental Information

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).

Start List of Subjects

List of Subjects in 12 CFR Part 1102

End List of Subjects

Text of the Rule

Start Amendment Part

For the reasons set forth in the preamble, title 12, chapter XI of the Code of Federal Regulations is amended as follows:

End Amendment Part Start Part

PART 1102—APPRAISER REGULATION

Subpart C—Rules Pertaining to the Privacy of Individuals and Systems of Records Maintained by the Appraisal Subcommittee

End Part Start Amendment Part

1. The authority citation for part 1102, subpart C is revised to read as follows:

End Amendment Part Start Authority

Authority: Privacy Act of 1974, Pub. L. 93-579, 88 Stat. 1896; 12 U.S.C. 552a, as amended.

End Authority Start Amendment Part

2. In

End Amendment Part Start Amendment Part

a. Section 1102.102(a) introductory text, and (a)(2);

End Amendment Part Start Amendment Part

b. Section 1102.105(a); and

End Amendment Part Start Amendment Part

c. Section 1102.107(a)(2), and (b)(1).

End Amendment Part Start Signature

By the Appraisal Subcommittee.Start Printed Page 36271

Dated: June 16, 2010.

Deborah S. Merkle,

Chairman.

End Signature End Supplemental Information

[FR Doc. 2010-15317 Filed 6-24-10; 8:45 am]

BILLING CODE P