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The Copyright Royalty Judges are starting a process to adjust the fees for cable companies who want to retransmit TV and radio broadcasts, as outlined in the Copyright Act. This process involves a specific license that allows for such retransmissions, and cable companies have to pay royalties based on the money they make from subscribers. The new rates need to be adjusted every five years, and since no one requested a change for 2025 yet, the Judges are required to announce this process and are asking interested parties to submit their requests to participate by January 27, 2025, using an online form and paying a fee.

The Miami International Securities Exchange has proposed new rules to allow the listing and trading of options on the B500 Index, a stock market index. These options will be available with both morning (A.M.) and afternoon (P.M.) settlements. The purpose of these changes is to offer investors more flexibility in managing their portfolios and to provide additional ways to hedge market risks. The proposal includes the inclusion of nonstandard expiration dates for options, which would allow trading on a wider range of days.

The U.S. Army Corps of Engineers has introduced new rules for evaluating water resources projects, offering specific procedures to implement principles from federal guidelines established for such investments. This rule aims to maximize public benefits by balancing economic, environmental, and social considerations while prioritizing collaboration and public engagement, including with Tribal Nations. The rule will apply to new and significant projects and does not impose new mandates on small entities or Tribal governments. It emphasizes transparency, public participation, and the consideration of climate change and environmental justice in decision-making processes.

The Internal Revenue Service (IRS) and the Treasury Department have issued final regulations regarding the recourse liabilities of partnerships and rules for related persons, effective December 2, 2024. These rules clarify how to allocate partnership liabilities among partners when there is overlapping economic risk of loss (EROL) and address scenarios involving tiered partnerships and related parties. The regulations also introduce an ordering rule to determine the application of different rules and allow partnerships to apply these changes to liabilities on tax returns filed after December 2, 2024, with consistent application to all partnership liabilities. Additionally, comments were requested on the potential need for further guidance regarding liability reallocations in specific transactions.

The Bureau of Industry and Security (BIS) has issued a final rule amending the Export Administration Regulations (EAR) to clarify the scope of export controls on certain vaccines and medical products. These changes are based on decisions from the Australia Group's June 2019 Plenary meeting. The aim is to ensure greater consistency and harmonization of international export controls, enhancing national security by preventing dual-use items from contributing to the development of chemical or biological weapons. The rule modifies controls on vaccines containing specific biological agents to only require licenses for export to a limited number of countries of concern.

The Environmental Protection Agency (EPA) issued a final rule that partially approves and partially disapproves Arizona's State Implementation Plan (SIP) for addressing regional haze, a form of air pollution. Arizona's plan aimed to tackle haze by revising strategies to improve visibility in protected natural areas. The EPA found that while some parts of the plan meet federal requirements, others do not because they lack adequate analysis or justification. The EPA's decision starts a process that could lead to federal intervention unless Arizona submits an improved plan that meets all necessary criteria.

The National Marine Fisheries Service (NMFS) has proposed a rule setting the 2021 allocation of Pacific whiting fishery resources. This rule allocates 17.5% of the U.S. total allowable catch (TAC) of Pacific whiting to Pacific Coast Indian tribes, honoring their treaty rights. The remaining TAC will be divided among various non-tribal fishing sectors, with a focus on preventing overfishing and achieving optimal yields. Public comments on the proposal are invited until March 18, 2021, emphasizing the importance of community input.

The Department of Commerce is asking for public comments on its information collection process related to the National Saltwater Angler Registry Program. This program gathers details from anglers and for-hire fishing vessels, such as names and contact information, to help estimate recreational fishing activities. The document invites comments for 60 days, offers details on how to send them, and describes the registration process, ensuring transparency about respondent obligations and legal authority. Comments will help assess and improve the accuracy and utility of the collection while seeking to minimize any reporting burden on the participants.

The Copyright Royalty Judges have announced a new value adjustment for the royalty rates paid by webcasters for playing sound recordings. Effective from January 1, 2025, to December 31, 2025, the rates account for changes in living costs. For commercial webcasters, the rate is set at $0.0032 per subscription performance and $0.0025 per nonsubscription performance. Noncommercial webcasters will pay $1,000 per channel annually, plus $0.0025 per performance for plays beyond a monthly limit of 159,140 listener hours.

In a new final rule, the Department of Energy (DOE) has updated its test procedures for small electric motors and electric motors to align more closely with industry standards. This includes incorporating the latest version of the IEEE 112 standard, adding a new IEC standard as an optional method for testing, and providing clearer definitions and testing instructions to improve consistency and reduce testing burdens for manufacturers. The rule emphasizes that these changes will not affect the measured efficiency of the motors and sets specific compliance dates for manufacturers to implement the new procedures. The revisions are expected to reduce costs and harmonize testing practices with international standards.