Search Results for keywords:"Extension of Time"

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Search Results: keywords:"Extension of Time"

  • Type:Notice
    Citation:90 FR 13861
    Reading Time:about 4 minutes

    The Board of Governors of the Federal Reserve System is asking the public to comment on a plan to extend, for three more years, the time allowed for holding on to assets gained in settling past debts. This process, identified as FR 4006, requires bank holding companies to seek approval to keep such assets for more than two years. Comments on this proposal must be submitted by May 27, 2025, and can be submitted through the Federal Reserve's website or by other methods like mail or email. The Board will consider feedback to decide if any changes to this proposal are necessary.

    Simple Explanation

    The Federal Reserve wants to know what people think about letting banks hold on to certain things they get when people can’t pay their debts for three more years. They’re asking for comments and will listen to ideas on how to make this plan better or if any changes are needed.

  • Type:Notice
    Citation:89 FR 95201
    Reading Time:about 4 minutes

    National Fuel Gas Supply Corporation has requested an extension from the Federal Energy Regulatory Commission to finish testing a well at the Beech Hill Storage Field in New York. The current deadline for this testing is December 1, 2024, but National Fuel wants more time to analyze data and might need until December 1, 2025. The Commission will review any public comments on this request and will decide whether there is a good reason to allow the extension. Comments from the public must be submitted by December 9, 2024, and interested parties can intervene in the proceedings to gain legal standing.

    Simple Explanation

    The National Fuel Gas company wants extra time until next year to finish checking a gas well in New York, and they are asking the energy regulators if that's okay. The people can say what they think about this request by December 9, 2024.