Search Results for keywords:"fiscal year 2021"

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Search Results: keywords:"fiscal year 2021"

  • Type:Notice
    Citation:86 FR 10070
    Reading Time:about 2 minutes

    The Federal Aviation Administration (FAA) announced deadlines related to the use of entitlement funds for airport improvement projects. Airports must notify the FAA by March 15, 2021, if they plan to use their available funds for eligible projects. The final grant application must be submitted by May 3, 2021. These deadlines are crucial for planning and efficiently administering the Airport Improvement Program (AIP) funds, which are authorized through September 30, 2021.

    Simple Explanation

    The FAA tells airports they need to say if they will use their special money to fix or improve things by March 15, 2021, and they need to ask for the money by May 3, 2021, to make sure everything is ready on time.

  • Type:Notice
    Citation:86 FR 6694
    Reading Time:about 13 minutes

    The Securities and Exchange Commission (SEC) announced the fiscal year 2021 adjustments to transaction fee rates under Sections 31(b) and (c) of the Securities Exchange Act of 1934. These fee rates are applied based on the total dollar amount of sales of certain securities, either on a national securities exchange or through members of a national securities association. The new fee rate is set at $5.10 per million dollars starting February 25, 2021. This rate aims to cover the SEC’s annual budget of $1,926,162,000, as specified in the Consolidated Appropriations Act, 2021.

    Simple Explanation

    The SEC decided that starting February 25, 2021, they would charge $5.10 for every million dollars of certain stocks sold to help pay their $1.9 billion budget. This plan uses complicated math which some people might find hard to understand.