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The Department of Defense (DoD) has announced an arms sales notice involving the Government of Australia. Australia has requested services to support the Tomahawk Weapon System, including logistics and engineering support, with an estimated value of $250 million. This sale aims to enhance the defense capabilities of a key U.S. ally in the Western Pacific, contributing to regional peace and stability. The sale will not impact the military balance in the area or U.S. defense readiness.

The Federal Aviation Administration (FAA) proposes to replace an older Airworthiness Directive (AD) from 2010 for Airbus Helicopters, previously Eurocopter France, Model SA330J helicopters. This new rule aims to improve aircraft safety by requiring an inspection and potential replacement of the main gearbox oil cooling fan rotor shaft bearings with an updated design developed by Airbus. These actions are intended to prevent possible rotor failure, which could lead to damage and loss of control of the helicopter. The FAA is inviting public comments on this proposed rule by April 12, 2021.

The FAA has issued a new airworthiness directive for specific models of Airbus Helicopters Deutschland GmbH, including EC135 and its variants. This directive requires operators to remove certain Titanium (Ti) bolts, identified by specific part numbers and markings, from service and ban their installation on the forward tail rotor drive shaft. These actions were prompted by safety concerns following a report of a broken Ti-bolt, which could lead to reduced control of the helicopter. The rule is effective as of March 29, 2021, and aims to prevent possible helicopter control issues linked to these Ti-bolts.

The Department of Housing and Urban Development (HUD) is asking for public comments on a proposed data collection project related to its partnership with the Department of Justice (DOJ) on the Pay for Success Permanent Supportive Housing Demonstration. This project aims to use funds to support housing for individuals moving between jail and homelessness. The data will help evaluate how this funding model works in different communities. HUD seeks feedback specifically on the necessity, burden, and ways to enhance the quality and efficiency of the information collection process. Public comments are due by March 26, 2021.

The Department of Defense has published an unclassified notice about a potential arms sale to Canada, involving telecommunications services that provide satellite communications support for the Canadian Armed Forces. This $138 million proposed sale aims to enhance Canada’s military capabilities, especially in support of North American defense operations, and to bolster U.S. foreign policy and national security objectives. The sale includes technical support, training, and logistics services, with no adverse impact on U.S. defense readiness anticipated. The prime contractor for this project will be General Dynamics, and the sale is not expected to affect the regional military balance.

The Department of Defense (DoD) has announced an arms sale notification in the Federal Register. The Republic of Korea plans to purchase six T-700 GE 401C or 401D engines along with spare parts and additional support services, totaling an estimated $350 million. This sale aims to bolster the Republic of Korea's defense capabilities without upsetting the current military balance in the region. The proposal requires a team from the U.S. to provide temporary technical and maintenance support in the Republic of Korea.

The Treasury Department and the Internal Revenue Service (IRS) have introduced proposed regulations impacting corporations that consolidate their federal income tax returns. These changes aim to provide clarity on how the transfer of liabilities between members of a consolidated group affects the basis in stock during such transfers. Comments on these proposals must be received by March 31, 2025, and a public hearing will be held if requested. The document outlines that the proposed regulations will not impose significant burdens on small businesses and do not include any federal mandates that would lead to substantial costs.

The Department of the Treasury and the Internal Revenue Service (IRS) have issued final regulations related to certain payments and losses that aren't typically recognized for U.S. tax purposes, especially when it comes to international tax scenarios. These rules aim to prevent tax avoidance strategies where companies could previously benefit from deductions in both the U.S. and foreign countries by clarifying how disregarded payments should be treated. They also introduce guidelines for businesses on how these transactions should be reported and monitored, ensuring that multinational companies pay a minimum level of taxes. The regulations will require companies that previously benefited from these strategies to include certain payments in their U.S. income, effectively closing a tax loophole.

The U.S. Department of Energy (DOE) announced new energy conservation standards for walk-in coolers and freezers. These revised standards aim to save energy, are feasible with current technology, and are economically justified. The updated rules will take effect on February 21, 2025, with compliance dates for specific components set for 2027 and 2028. The DOE's decision was based on a careful evaluation of the benefits and costs to consumers and the impact on manufacturers.

The Social Security Administration has announced new inflation-adjusted maximum penalties for civil monetary violations, effective from January 15, 2021, to January 14, 2022. The adjustments are required by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. For example, the penalty for fraud facilitators in a position of trust has increased to $8,212, and the penalty for a violative broadcast has increased to $54,157. These updates ensure penalties align with inflation and are applied fairly each year.