95-12988. Streamlining of Regulations Pertaining to Parts II and III of the Federal Power Act and the Public Utility Regulatory Policies Act of 1978; Technical Amendment to Order No. 575

[Federal Register Volume 60, Number 102 (Friday, May 26, 1995)]
[Rules and Regulations]
[Page 27882]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-12988]



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DEPARTMENT OF ENERGY
18 CFR Part 34

[Docket No. RM92-12-000]


Streamlining of Regulations Pertaining to Parts II and III of the 
Federal Power Act and the Public Utility Regulatory Policies Act of 
1978; Technical Amendment to Order No. 575

May 22, 1995.
AGENCY: Federal Energy Regulatory Commission.

ACTION: Final rule; technical amendment.

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SUMMARY: The Federal Energy Regulatory Commission is amending the final 
rule issued on January 13, 1995 (60 FR 5831, Jan. 25, 1995) in this 
proceeding to correct an error in the ``Worksheet for Computation of 
Interest Coverage'' contained in 18 CFR 34.4(e).

EFFECTIVE DATE: May 22, 1995.

FOR FURTHER INFORMATION CONTACT:
Wayne McDanal, Office of Chief Accountant, Federal Energy Regulatory 
Commission, 825 North Capitol Street, N.E., Washington, D.C. 20426, 
[phone].

SUPPLEMENTARY INFORMATION:

List of Subjects in 18 CFR Part 34

    Electric power, Electric utilities, Reporting and recordkeeping 
requirements, Securities.
Lois D. Cashell,
Secretary.

    Accordingly, Part 34, Chapter I, Title 18 of the Code of Federal 
Regulations is amended as set forth below.

PART 34--APPLICATION FOR AUTHORIZATION OF THE ISSUANCE OF 
SECURITIES OR THE ASSUMPTION OF LIABILITIES

    1. The authority citation for Part 34 continues to read as follows:

    Authority: 16 U.S.C. 791a-825r, 2601-2645; 31 U.S.C. 9701; 42 
U.S.C. 7101-7352.


Sec. 34.4  [Amended]

    2. In the worksheet in Sec. 34.4(e) the words

``Total Interest Expense  Income Before Interest and Income 
Taxes = Interest Coverage''

are removed and the words

``Income Before Interest and Income Taxes  Total Interest 
Expense = Interest Coverage''

are added in their place.

[FR Doc. 95-12988 Filed 5-25-95; 8:45 am]
BILLING CODE 6717-01-M