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The Federal Trade Commission (FTC) has updated the financial thresholds that determine when a person is prohibited from being a director or officer of two competing companies, which is governed by Section 8 of the Clayton Act. As of January 21, 2021, competing companies are covered by these rules if each has combined capital, surplus, and undivided profits over $10,000,000, unless the competitive sales of either company are less than $1,000,000. The new threshold amounts are $37,382,000 for one type of evaluation and $3,738,200 for another. These changes reflect adjustments that happen every year based on the gross national product.

The Census Bureau within the Department of Commerce is seeking public comments on proposed revisions to its information collection about state and local government tax revenues. The Census Bureau plans to update surveys related to property, state, and non-property taxes by adding new categories such as cannabis and sports betting sales taxes, while removing others like license taxes from quarterly collections. This notice invites feedback on the revisions and aims to ensure that data collection methods are efficient and maintain relevancy. The deadline for submitting comments is March 16, 2021.

The U.S. Census Bureau, under the Department of Commerce, is seeking public comments on revisions to the State and Local Government Finance Collections and Public Employment and Payroll Collections. This request is part of the Paperwork Reduction Act (PRA) to evaluate and minimize the public's reporting burden while ensuring the data collected is useful and accurate. The proposed changes include adding cannabis sales and sports betting taxes to their annual surveys. Comments are invited until March 29, 2021, to help improve the collection process and data quality.

The Department of State has issued a final rule to amend the International Traffic in Arms Regulations (ITAR), specifically adjusting the fees required for registration with the Directorate of Defense Trade Controls (DDTC). The updated rule increases the registration fees for the first time in fifteen years, necessary to cover rising operational costs and prevent budget deficits. Responses to public comments were considered, particularly concerning the impact on small businesses, leading to the introduction of a discounted fee for qualifying Tier 1 registrants. The changes aim to maintain DDTC operations while ensuring fair distribution of costs among registrants.

The Federal Deposit Insurance Corporation (FDIC) is proposing changes to its regulations concerning securities offerings by State savings associations and State nonmember banks. The FDIC plans to streamline regulations by removing outdated rules transferred from the Office of Thrift Supervision and creating a new unified regulation for securities disclosures. This new rule aims to simplify and align requirements with current securities laws, ensuring both State savings associations and State nonmember banks are subject to the same rules. The proposed rule also includes technical amendments and invites public comments on these changes until April 5, 2021.

The Federal Trade Commission (FTC) has proposed a consent agreement involving E. & J. Gallo Winery and Constellation Brands to address potential antitrust issues from Gallo's acquisition of some Constellation assets. The agreement includes several actions to maintain competition, such as Constellation divesting some of its brands and maintaining certain others. These actions are intended to prevent reduced competition in markets for sparkling wine, brandy, port, sherry, and high color concentrates. The public can comment on this agreement until February 4, 2021.

The Agricultural Marketing Service (AMS) of the USDA has issued a final rule that amends the pricing provisions in 11 Federal Milk Marketing Orders (FMMOs). These changes include updating milk composition factors and surveyed commodity products, revising Class III and IV formula factors, and modifying the Class I skim milk price calculation. Most amendments will take effect on June 1, 2025, while certain adjustments related to skim milk composition will be effective December 1, 2025. This rule aims to more accurately reflect current market conditions and ensure orderly milk marketing.

The Public Buildings Reform Board (PBRB) will hold its tenth public meeting as allowed by the Federal Assets Sale and Transfer Act of 2016 (FASTA). The meeting is set for January 28, 2025, from 10 a.m. to 12 p.m. in Washington, DC, at the U.S. Department of Agriculture. The Board will talk about its past work and plan for future actions. People interested in attending should register online, and a transcript of the meeting will be available on the PBRB website afterward.

The Treasury Department and IRS have issued final regulations that update the rules for classifying transactions involving digital content and cloud services. These updates help clarify how transactions like software downloads and streaming services are taxed, especially in international contexts. The new rules replace the previous "de minimis" standard with a "predominant character" rule to simplify determining the main purpose of such transactions. Examples in the regulations provide further guidance, and while the new rules are effective for tax years starting on or after January 14, 2025, businesses can also choose to apply them to earlier years.

The Department of Justice has proposed a Consent Decree to resolve a lawsuit against Meyer Distributing, Inc. for allegedly violating the Clean Air Act. Meyer is accused of selling over 600 types of devices that interfere with vehicle emission controls. As part of the settlement, Meyer is required to pay a $7.4 million penalty, comply with the Clean Air Act, and undertake actions to offset the emissions their devices contributed to. The public can comment on this proposal until 30 days after the notice's publication date.