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The Office of Natural Resources Revenue (ONRR) has issued a final rule that updates regulations on how oil, gas, and coal are valued for royalty purposes from Federal and Indian leases, and how civil penalties for certain violations are assessed. The rule reintroduces the option for gas lessees to use an index-based valuation method, removes some limitations on transportation and processing allowances, and clarifies definitions and procedures for valuation. It also explains that civil penalties for payment violations will be assessed more transparently, considering the monetary impact of the violation, and clarifies how ONRR considers mitigating and aggravating circumstances, aiming to increase transparency and fairness.

The Bureau of Indian Affairs of the Interior Department announced amendments to the Pueblo of Santa Clara Liquor Code, which were adopted by the Tribal Council on December 13, 2024. These amendments aim to regulate the introduction, sale, and consumption of alcohol within Santa Clara Indian Lands to promote economic and social goals while protecting public health, safety, and welfare. The updated Liquor Code outlines various regulations, such as types of licenses, selling hours, and prohibitions against selling alcohol to individuals under the legal drinking age. Additionally, a percentage of alcohol sales revenue will fund programs for alcoholism prevention and treatment. The changes will officially take effect on April 17, 2025.

The Bureau of Economic Analysis (BEA), part of the Department of Commerce, has issued a notice regarding the mandatory Quarterly Survey of Transactions in Selected Services and Intellectual Property with Foreign Persons (BE-125). This survey collects data to measure the U.S.'s trade in services and its impact on the economy. U.S. individuals or organizations meeting certain sales or purchase thresholds with foreign persons are required to report. The survey must be submitted within 30 days after each fiscal quarter ends, except for the final quarter, which has a 45-day deadline. The survey process is approved by the Office of Management and Budget under control number 0608-0067.

The Bureau of Economic Analysis (BEA), part of the Department of Commerce, announced a mandatory survey called the Quarterly Survey of Financial Services Transactions (BE-185) to measure trade in financial services between U.S. providers and foreign persons. This survey is essential for understanding the impact of U.S. trade both domestically and internationally and is authorized by relevant trade acts. U.S. companies involved in these transactions exceeding specific thresholds are required to report, with details on how and when to submit the reports provided. The survey process is overseen by the Office of Management and Budget and has an estimated completion time of 10 hours per response.

The Securities and Exchange Commission (SEC) is seeking public comments on changes to the way investment companies advertise their performance to potential investors. The proposed changes, known as Rule 482, aim to ensure that advertisements provide balanced and informative information about investment objectives, risks, charges, and past performance, which may not guarantee future results. Additionally, the rule would align risk statements in advertisements with those required in official prospectuses, particularly for money market funds. Comments on the proposed changes are invited until March 24, 2025.

The Department of Defense, General Services Administration, and NASA have announced that they are seeking approval from the Office of Management and Budget to extend an information collection requirement related to subcontract consent and contractors' purchasing system reviews. This process involves contractors providing detailed information to ensure subcontracting decisions align with government policies and business practices. If approved, contractors will continue to submit necessary data to comply with Federal Acquisition Regulation requirements, aiding contract officers in maintaining compliance and efficiency in government spending. Public comments are invited on this proposal until April 14, 2025.

The Department of State has announced notifications for proposed commercial export licenses for defense articles, technical data, and defense services, which were submitted to Congress on various dates. Some key transactions involve exports to countries like Germany, UAE, and the UK for items like radar systems and firearms. The notifications are required by the Arms Export Control Act and were published to inform the public, emphasizing that the U.S. government considers factors such as politics and human rights before licensing these exports. The licenses include sales over $50,000,000, with detailed business information withheld to protect U.S. firms from competitive harm.

The Bureau of Indian Affairs published a notice about changes to the Liquor Ordinance for the Blackfeet Tribe on the Blackfeet Indian Reservation in Montana. The amendment, effective January 21, 2025, updates regulations on the sale and control of alcoholic beverages. It aims to manage the sale of liquor to ensure public welfare and safety, with restrictions on who can sell alcohol and strict rules about when and where it can be sold. The ordinance also establishes penalties for violations and outlines conditions under which alcoholic beverage licenses can be granted or revoked.

The Agricultural Marketing Service (AMS) proposed a rule affecting spearmint oil production in Washington, Idaho, Oregon, and parts of Nevada and Utah. For the 2024-2025 marketing year, which started on June 1, 2024, they plan to increase the allowable quantity of Native spearmint oil that can be sold from 678,980 pounds to 731,220 pounds, and to raise the allotment percentage from 26 percent to 28 percent. This change is intended to better match supply with estimated demand and maintain market stability. The public has until December 19, 2024, to comment on this proposed adjustment.

The Bureau of Land Management (BLM) plans to sell 11 parcels of public land, totaling 89.35 acres, in the Las Vegas Valley, Nevada, through a modified competitive sale process. Each parcel will be sold for at least its fair market value, and interested parties must register and participate in an online auction via the EnergyNet website starting March 18, 2025. The sale is governed by multiple federal laws and regulations, and buyers are responsible for complying with all applicable laws and securing necessary approvals for land use. The sale integrates environmental considerations to ensure compliance with relevant environmental laws.