FR 2024-29545

The document from the Federal Register involves an update to the subject matter of title 2 of the Code of Federal Regulations. Previously, the section was titled “Grants and Agreements,” but as of December 16, 2024, it will be known as “Federal Financial Assistance.” This change is intended to better align the section title with its actual content and purpose.

General Summary

In essence, the Office of the Federal Register has made an editorial change to how a section of the Code of Federal Regulations is described. This adjustment from "Grants and Agreements" to "Federal Financial Assistance" seeks to provide clarity and better convey the section’s scope. Such changes reflect ongoing efforts to maintain clear, accurate, and functional regulatory language.

Significant Issues or Concerns

There are a few notable concerns regarding this change. The document does not provide detailed explanations or definitions concerning the differences or overlap between the old and new terms. This lack of clarity could lead to potential ambiguities for those interpreting these regulations. Without explicit distinctions, some may struggle to understand the full implications of this change.

Additionally, the document offers no insight into why this revision was deemed necessary or what benefits it might bring. The absence of such context might cause confusion among those who were familiar with the previous title and suggest a need for further clarification.

Impact on the Public and Stakeholders

For the general public, this change may not cause much immediate effect, as it primarily concerns the labeling and categorization within the federal regulatory framework. However, for those working directly with federal financial regulations—such as government agencies, contractors, and organizations receiving federal financial assistance—the impact may be more pronounced.

These stakeholders may need to adjust their understanding and operations to align with the new terminology. It’s essential for them to stay informed about these changes to ensure compliance and proper navigation of federal regulations.

Positive and Negative Impacts

On the positive side, this revision could lead to improved understanding and more accurate descriptions of the content covered under title 2, assuming further definitions and explanations are provided. It enhances the alignment of titles with their subject matter, which is crucial for legal and regulatory clarity.

Conversely, without additional detailed guidance, there is a risk of misinterpretation and operational hiccups among those who rely on precise regulatory language. Thus, further information and context from the Office of the Federal Register would be beneficial to mitigate any negative implications.

In summary, while ostensibly a minor editorial change, the revision from “Grants and Agreements” to “Federal Financial Assistance” demands an attentive transition to maintain clarity and efficiency in applying federal regulations.