Search Results for keywords:"final rule"

The Coast Guard is removing the safety and security zone for the Pilgrim Nuclear Power Plant in Plymouth, Massachusetts, since the facility has stopped power operations permanently. This change, effective January 16, 2025, is due to the rules no longer being needed because the plant is no longer operational. The removal will affect navigation charts and publications, and related navigation markers will also be taken down. This decision was supported by all commenters and will not significantly impact small enterprises or require new information collections.

The Environmental Protection Agency (EPA) has issued a rule to extend the deadline for submitting annual greenhouse gas (GHG) reports for 2024. Originally due on March 31, 2025, the reports are now due by May 30, 2025. This change is to provide more time for entities to submit their reports accurately, as the usual reporting software, e-GGRT, was delayed. The rule only modifies the deadline for 2024 and doesn't affect future years or alter reporting requirements.

The National Highway Traffic Safety Administration (NHTSA) has issued a final rule to modify event data recorders (EDRs) requirements. The rule changes the duration and frequency at which EDRs record pre-crash data from 5 seconds at 2 Hz to 20 seconds at 10 Hz. These changes, effective by September 2027 for most manufacturers, aim to provide investigators with better data to understand vehicle crashes. The rule responds to a mandate by the Fixing America's Surface Transportation (FAST) Act and includes allowances for small-volume and limited-line manufacturers to comply by later dates.

The U.S. Department of Commerce has issued a final rule concerning the review of transactions involving information and communications technology and services (ICTS) linked to foreign adversaries. This rule establishes procedures to evaluate such transactions for risks to national security, potentially prohibiting them or requiring mitigation measures if they pose undue threats. The rule includes new definitions and procedural updates to clarify transaction reviews, address public comments, and streamline processes. The measures aim to safeguard the ICTS supply chain from foreign threats, enhance transparency, and provide guidelines for penalties if regulations are violated.

The Federal Maritime Commission issued a final rule to adjust for inflation the civil monetary penalties they assess, following the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. This rule requires agencies to announce these adjustments by January 15 every year and is based on changes in the consumer price index. The adjustment process is not required to follow certain procedural steps like public notice or comment, and the rule will not have significant economic impacts. Additionally, the rule doesn’t involve any new collection of information from the public.

The Department of Defense has issued a final rule to modernize how food benefits are provided under the WIC Overseas Program, a program for military personnel and their families stationed overseas. Previously, benefits were issued as paper vouchers, known as "drafts," which had to be used all at once. The new rule allows these drafts to also be in electronic forms, like benefit cards, which offer more flexibility and convenience for participants. The change is considered a minor update and was made without public notice or a comment period, due to its technical nature.

The Federal Energy Regulatory Commission has issued a final rule to update the maximum civil monetary penalties for violating laws and regulations under its authority. This adjustment is required by the Federal Civil Penalties Inflation Adjustment Act, which mandates annual updates to account for inflation. The rule comes into effect on January 14, 2025, and is being implemented without the usual notice and comment process due to legal requirements. The updated penalties apply to acts governed by the Federal Power Act, Natural Gas Policy Act, Natural Gas Act, and Interstate Commerce Act, among others.

The NCUA Board has issued a final rule amending regulations for corporate credit unions. This rule clarifies that corporate credit unions are allowed to purchase subordinated debt instruments from natural person credit unions and outlines how these investments will be treated in terms of capital. The rule aims to balance providing flexibility for these transactions while minimizing systemic risk to the credit union system by requiring such debt instruments to be deducted from Tier 1 capital. This amendment takes effect on January 1, 2022.

The Department of Commerce has issued a final rule to adjust civil monetary penalties (CMPs) for inflation as mandated by federal law. This rule applies to CMPs with specific dollar amounts and is set to become effective on January 15, 2025. The adjustments are based on the Consumer Price Index changes from October 2023 to October 2024, ensuring that penalties keep their deterrence value. These changes apply only to penalties assessed after the rule's effective date and do not involve prior public notice or comment since the adjustments follow a prescribed methodology.

The Commodity Futures Trading Commission (CFTC) has adopted a final rule that establishes two exemptions from the requirement to execute certain swaps on regulated trading platforms. Swaps that qualify for clearing exemptions under existing regulations can now also be exempt from this execution requirement. Additionally, swaps made between eligible affiliate counterparties can be exempted from being executed on these platforms, even if these swaps are cleared. This rule aims to reduce unnecessary costs and enhance flexibility for specific types of swap transactions.