Search Results for keywords:"final rule"

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Search Results: keywords:"final rule"

  • Type:Rule
    Citation:86 FR 8082
    Reading Time:about 43 minutes

    The FDIC has issued a final rule to simplify its regulations by rescinding outdated and redundant policies regarding nondiscrimination. It is removing a regulation known as "Nondiscrimination Requirements" and updating the "Fair Housing" regulation to also cover State savings associations. This change ensures all FDIC-supervised banks follow the same nondiscrimination rules, aligning with federal laws like the Equal Credit Opportunity Act and Fair Housing Act. The rule will take effect on March 5, 2021, with additional compliance deadlines set for February 3, 2022.

    Simple Explanation

    The FDIC is making some old rules about not being unfair disappear and changing the rules around fair housing so they apply to more banks, making sure everyone follows the same rules about treating people fairly when they want loans or a place to live.

  • Type:Rule
    Citation:90 FR 2607
    Reading Time:about 5 minutes

    The Federal Reserve Board is updating its rules to adjust the fines known as civil money penalties for inflation, as required by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. This adjustment ensures that penalties retain their deterrent effect by accounting for changes in the economy. The new penalty amounts will apply starting January 13, 2025, for violations occurring after November 2, 2015. The rule is implemented without the usual notice and comment process because of specific provisions in the law.

    Simple Explanation

    The Federal Reserve is updating the rules so that the fines they give to people and companies are still fair and strong over time, even as money changes value. These new rules will start being used in January 2025 to make sure people think twice before breaking the rules.

  • Type:Rule
    Citation:90 FR 3039
    Reading Time:about 3 minutes

    The Federal Maritime Commission has issued a final rule to adjust civil monetary penalties for inflation. This adjustment is required by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. The new penalty amounts are calculated using a formula based on changes in the consumer price index. This rule takes effect on January 15, 2025, and does not require a public comment period due to exemptions from certain rulemaking procedures.

    Simple Explanation

    The Federal Maritime Commission is updating fines to match the rise in prices, like when things cost more at the store, starting January 15, 2025, and they don't need to ask people what they think about this change first.

  • Type:Rule
    Citation:86 FR 9472
    Reading Time:about a minute or two

    The Federal Communications Commission has issued a final rule to update its FM Table of Allotments by reinstating certain vacant FM allotments. These allotments became vacant due to cancellations of authorizations and licenses, or the dismissal of applications, and their reinstatement is intended to enable licensing processes. The Commission determined that further notice and comment are unnecessary, as this action is considered ministerial. This rule is effective as of February 16, 2021.

    Simple Explanation

    The Federal Communications Commission decided to put back some radio spots that were empty, so people can use them to broadcast on the radio again. They didn't ask the public for more opinions because they thought it was a simple task.

  • Type:Rule
    Citation:90 FR 9611
    Reading Time:about 3 minutes

    The National Highway Traffic Safety Administration (NHTSA) has delayed the effective date of a rule concerning the Hybrid III 5th Percentile Female Test Dummy until March 20, 2025. This rule, initially set to take effect on January 3, 2025, updates the chest jacket and spine box specifications to address fit, availability, and noise issues. The delay, in accordance with a presidential memorandum for reviewing new regulations, allows for additional evaluation and is effective immediately upon publication, bypassing the usual notice and comment process.

    Simple Explanation

    The government is waiting until March 2025 to make changes to a test dummy used in car safety tests because they want more time to check everything over properly. They decided this without asking people first.

  • Type:Rule
    Citation:90 FR 7993
    Reading Time:about 4 minutes

    The Federal Aviation Administration (FAA) has issued a final rule to amend Class E airspace in Kenansville, North Carolina. This amendment involves adding controlled airspace around ECU Health Duplin Heliport, necessary for the safety and efficient management of instrument flight rules (IFR) operations. Effective from April 17, 2025, the action ensures that the designated airspace accommodates aircraft procedures by extending from 700 feet above ground within a specified radius of the heliport. The rule change is considered routine and does not have a significant economic impact or environmental effects.

    Simple Explanation

    The government made a new rule to help keep the skies safe for helicopters flying over a place called Kenansville in North Carolina. They added an invisible bubble in the sky to make sure these flying machines can fly safely using special rules from way up high.

  • Type:Rule
    Citation:90 FR 15412
    Reading Time:about 2 minutes

    The Department of Commerce has issued a final rule to remove the internal procedures of the Form CD-570, which is a small business review form, from the public-facing Commerce Acquisition Regulation (CAR) and move them to the internal Commerce Acquisition Manual (CAM). This change is meant to speed up policy updates without disrupting external parties, as the instructions will now be documented internally. There is no effect on public burden, so the rule waived the public notice and comment period. The new rule takes effect on May 12, 2025.

    Simple Explanation

    The Commerce Department is moving some rules about a small business form from a big book that everyone can see to a smaller book just for them, so they can make changes faster without bothering others.

  • Type:Rule
    Citation:89 FR 101837
    Reading Time:about 2 minutes

    The U.S. Election Assistance Commission (EAC) has issued a final rule to officially adopt the Office of Management & Budget's guidelines for managing federal awards, which were already part of their agreements with grant recipients. This rule will take effect on December 20, 2024, and it involves requirements related to federal financial assistance, ensuring consistent management across various agencies. The EAC is implementing these changes without prior notice and comment or a delayed effective date because agencies were already informed and had ample time to prepare.

    Simple Explanation

    The U.S. Election Assistance Commission (EAC) is making a rule that matches some guidelines already used for handling federal money, and this rule starts on December 20, 2024. They're doing this because they think everyone already knows about the changes and had enough time to get ready.

  • Type:Rule
    Citation:86 FR 11148
    Reading Time:about 4 minutes

    The Federal Communications Commission (FCC) has issued a final rule to close Lockbox 979089, which was used for collecting fees for various media services, and now requires electronic filing and payment instead. This change is meant to modernize the FCC's procedures and reduce costs by eliminating manual processing of payments. While the option for manual fee payments will still be available temporarily for 90 days, after that period, payments must be made online using the FCC's Fee Filer system. The new rule, effective March 26, 2021, is expected to ease the process with little impact on FCC users.

    Simple Explanation

    The FCC is changing how people pay for certain services, moving from sending checks in the mail to paying online with a computer, just like ordering something on the internet. This means they won't use mailboxes for checks anymore, starting from March 26, 2021, and it should make things faster and cheaper.

  • Type:Rule
    Citation:89 FR 101466
    Reading Time:about 6 minutes

    The Minority Business Development Agency (MBDA) has updated its regulations to remove racial and ethnic presumptions for determining eligibility for its programs. This change was made to comply with a court ruling that declared such presumptions unconstitutional, as they were previously outlined in the Minority Business Development Act of 2021. The court's decision requires the MBDA to amend parts of its regulations, making eligibility determinations based on actual social or economic disadvantage without relying on racial or ethnic classifications. These updates aim to clarify and modify the criteria for accessing MBDA's assistance programs.

    Simple Explanation

    The Minority Business Development Agency is changing its rules so they don't use race or ethnicity to decide who gets help. They're doing this because a court said the old way was not fair, so now they want to use other ways to decide who needs help.

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