[Federal Register Volume 85, Number 138 (Friday, July 17, 2020)]
[Notices]
[Pages 43650-43651]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-15605]
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UNIFIED CARRIER REGISTRATION PLAN
Sunshine Act Meeting
TIME AND DATE: July 23, 2020, from Noon to 2:00 p.m., Eastern time.
PLACE: This meeting will be accessible via conference call and via Zoom
Meeting and Screenshare. Any interested person may call (i) 1-929-205-
6099 (U.S. Toll) or 1-669-900-6833 (U.S. Toll) or (ii) 1-877-853-5247
(U.S. Toll Free) or 1-888-788-0099 (U.S. Toll Free), Meeting ID: 952
5849 8325, to listen and participate in this meeting. The website to
participate via Zoom Meeting and Screenshare is https://kellen.zoom.us/j/95258498325.
STATUS: This meeting will be open to the public.
MATTERS TO BE CONSIDERED: The Unified Carrier Registration Plan Finance
Subcommittee (the ``Subcommittee'') will continue its work in
developing and implementing the Unified Carrier Registration Plan and
Agreement. The subject matter of this meeting will include:
Proposed Agenda
I. Call to Order--UCR Subcommittee Chair
The Subcommittee Chair will welcome attendees, call the meeting to
order, call roll for the Subcommittee, confirm whether a quorum is
present, and facilitate self-introductions.
II. Verification of Publication of Meeting Notice--UCR Executive
Director
The UCR Executive Director will verify the publication of the
meeting notice on the UCR website and distribution to the UCR contact
list via email followed by the subsequent publication of the notice in
the Federal Register.
III. Review and Approval of Subcommittee Agenda and Setting of Ground
Rules--Subcommittee Chair
For Discussion and Possible Subcommittee Action
The Subcommittee Agenda will be reviewed, and the Subcommittee will
consider adoption.
Ground Rules
Subcommittee action only to be taken in designated areas on agenda
IV. Approval of Minutes From January 27, 2020 Meeting--Subcommittee
Chair
For Discussion and Possible Subcommittee Action
Draft minutes from the January 27, 2020 Finance
Subcommittee meeting will be reviewed. The Subcommittee will consider
action to approve.
V. Proposed Policy for UCR Board Fee Recommendations--UCR Depository
Manager
For Discussion and Possible Subcommittee Action
The UCR Depository Manager will present a draft of a proposed
policy regarding recommendations by the Board to the Secretary of the
U.S. Department of Transportation regarding possible UCR fee changes
that the Board may recommend from time-to-time as conditions warrant.
The policy will include a general-purpose description, guidelines for
interacting with the Federal Motor Carrier Safety Administration
(FMCSA), timelines regarding submission of fee change recommendations,
and the methodology that will be used to quantify fee changes. The
Subcommittee may take action to recommend adoption of the proposed
policy to the Board.
VI. Proposed Amendment to Refunds Procedure--UCR Depository Manager
For Discussion and Possible Subcommittee Action
The UCR Depository Manager will present a draft of a proposed
amendment regarding the issuance of refunds, especially when related to
refunding permitting services that register motor carriers without
consent. The Subcommittee may take action to recommend adoption of the
proposed amendment to the Board.
VII. UCR Investments--UCR Depository Manager
For Discussion and Possible Subcommittee Action
Representatives from the Bank of North Dakota and Truist Bank
(formerly SunTrust) will discuss the current investment landscape with
the Subcommittee and potentially offer recommendations for investment
options within current economic conditions. (Each presentation to last
approximately 15 minutes). The Subcommittee may take action to
recommend potential investment options to the Board.
VIII. Certificates of Deposit--UCR Depository Manager
For Discussion and Possible Subcommittee Action
The UCR Depository Manager will provide a report on activities
required to redeem one certificate of deposit at the Bank of North
Dakota scheduled to mature on August 5, 2020 as well as discuss the
need to reinvest proceeds from the matured CD. The Subcommittee may
take action to recommend adoption of the CD reinvestment proposal to
the Board.
IX. Board Insurance--UCR Depository Manager
For Discussion and Possible Subcommittee Action
The UCR Depository Manager will provide an update on plans to
procure insurance for the UCR Board and Officers (Directors and
Officers and Cybersecurity policies). The Subcommittee may take action
to recommend adoption of the proposal to the Board.
X. Review 2020 Administrative Expenses Through June 30, 2020--UCR
Depository Manager
The UCR Depository Manager will present the administrative costs
incurred for the period of January 1, 2020 through June 30, 2020,
compare to the budget for the same time-period, and discuss all
significant variances.
XI. Review 2021 Proposed Administrative Budget--UCR Depository Manager
For Discussion and Possible Subcommittee Action
The UCR Depository Manager will present the preliminary budget for
administrative operating expenses planned during the calendar year
2021. The Subcommittee may take action to recommend adoption of a 2021
proposed administrative budget to the Board.
XII. Review 2022-2023 Proposed Administrative Budgets--UCR Depository
Manager
For Discussion and Possible Subcommittee Action
The UCR Depository Manager will present the preliminary budgets for
administrative operating expenses planned during the calendar years
2022-2023 that will be used to establish the amount of the
Administrative Reserve. The Subcommittee may take action to recommend
adoption of a 2022-2023 proposed administrative budget to the Board.
[[Page 43651]]
XIII. Update on Current Financial Reserve Funds--UCR Depository Manager
The UCR Depository Manager will discuss the two financial reserves
authorized by the Board, compare them to current bank account balances,
and address any over/under-funding of the accounts including plans to
address funding differences.
XIV. Final 2020 Distributions to States--UCR Depository Manager
For Discussion and Possible Subcommittee Action
The UCR Depository Manager will present a proposed plan for the
final distribution to states for the 2020 registration year expected to
be completed in August. The Subcommittee may take action to recommend
to the Board adoption of final 2020 distributions to the states.
XV. Other Business--Subcommittee Chair
The Subcommittee Chair will call for any other items the
Subcommittee members would like to discuss.
XVI. Adjournment--Subcommittee Chair
The Subcommittee Chair will adjourn the meeting.
The agenda will be available no later than 5:00 p.m. Eastern time,
July 14, 2020 at: https://plan.ucr.gov.
CONTACT PERSON FOR MORE INFORMATION: Elizabeth Leaman, Chair, Unified
Carrier Registration Plan Board of Directors, (617) 305-3783,
[email protected].
Alex B. Leath,
Chief Legal Officer, Unified Carrier Registration Plan.
[FR Doc. 2020-15605 Filed 7-15-20; 11:15 am]
BILLING CODE 4910-YL-P