[Federal Register Volume 63, Number 251 (Thursday, December 31, 1998)]
[Proposed Rules]
[Pages 72216-72217]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-34495]
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FEDERAL RESERVE SYSTEM
12 CFR Part 229
[Regulation CC; Docket No. R-1027]
Availability of Funds and Collection of Checks
AGENCY: Board of Governors of the Federal Reserve System.
ACTION: Notice of proposed rulemaking; extension of comment period.
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SUMMARY: The Board of Governors of the Federal Reserve System (Board)
is extending the comment period on its proposal to amend Regulation CC
to allow banks that consummate a merger on or after July 1, 1998, and
before June 1, 1999, greater time to implement software changes related
to the merger. The Secretary of the Board, acting pursuant to delegated
authority, has extended the comment period from January 4, 1999 to
February 1, 1999, to provide additional time for public comment.
DATES: Comments must be received by February 1, 1999.
ADDRESSES: Comments, which should refer to Docket No. R-1027, may be
mailed to Ms. Jennifer Johnson, Secretary, Board of Governors of the
Federal Reserve System, 20th and C Streets, N.W., Washington, D.C.
20551. Comments addressed to Ms. Johnson may also be delivered to the
Board's mail room between 8:45 a.m. and 5:15 p.m., and to the security
control room at all other times. Both the mail room and the security
control room are accessible from the courtyard entrance on 20th Street
between Constitution Avenue and C Street, N.W. Comments may be
inspected in room MP-500, pursuant to Sec. 261.12 of the Board's Rules
Regarding Availability of Information, between 9:00 a.m. and 5:00 p.m.,
except as provided in Sec. 261.14 of those same Rules. (12 CFR 261.12
and 261.14)
FOR FURTHER INFORMATION CONTACT: Jean Anderson, Staff Attorney, Legal
Division (202/452-3707). For the hearing impaired only,
Telecommunications Device for the Deaf (TDD), Diane Jenkins (202/452-
3544).
SUPPLEMENTARY INFORMATION: On December 2, 1998, the Board requested
comment in response to a notice of proposed rulemaking on amendments to
Regulation CC (63 FR 66499). Under the proposal, comments were due by
January 4, 1999. In order to allow affected parties additional time to
respond to the proposal the Board is extending the comment period to
February 1, 1999. This extension will not delay the Board in providing
its report to the Congress.
By order of the Secretary of the Board, acting pursuant to
delegated authority for the
[[Page 72217]]
Board of Governors of the Federal Reserve System, December 23, 1998.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. 98-34495 Filed 12-30-98; 8:45 am]
BILLING CODE 6210-01-P
