Search Results for keywords:"regulations"

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Search Results: keywords:"regulations"

  • Type:Rule
    Citation:89 FR 106928
    Reading Time:about 3 hours

    The Treasury Department and the Internal Revenue Service (IRS) have finalized rules for reporting digital asset transactions performed by brokers. These new regulations, effective January 1, 2027, require brokers who regularly facilitate digital asset sales, like those in decentralized finance (DeFi), to provide forms reporting gross proceeds from these transactions. The rules primarily apply to trading front-end service providers, who are best positioned to report on such transactions due to their close interaction with customers. The regulations aim to enhance tax compliance by ensuring digital asset transactions are reported similarly to traditional financial trades.

    Simple Explanation

    The new rules make digital money helpers tell the IRS about how much they sell for people starting in 2027, just like if they were selling regular stuff. This helps make sure everyone pays the right amount of taxes!

  • Type:Notice
    Citation:86 FR 6646
    Reading Time:about a minute or two

    The Federal Deposit Insurance Corporation (FDIC) held a Board of Directors meeting via video conference on January 19, 2021. The meeting covered several topics, including discussions on the final rule regarding supervisory guidance, and proposed rules on various regulations affecting state savings associations and banks. The Board decided to hold the meeting with less than seven days' notice due to urgent business needs. The meeting was open to the public and was webcast online.

    Simple Explanation

    The FDIC, which helps make sure money in banks is safe, had a meeting online to talk about important rules. They had to do it quickly without much notice because of urgent reasons, and anyone could watch it online.

  • Type:Notice
    Citation:86 FR 1999
    Reading Time:about 6 minutes

    The National Park Service is inviting the public to comment on possible U.S. sites for nomination to the UNESCO World Heritage List. These sites are part of a broader U.S. Tentative List and include both cultural and natural landmarks. Public suggestions for future nominees are welcome, and comments are open until January 26, 2021. This process complies with regulations of the World Heritage Program, and all comments will be available for public viewing.

    Simple Explanation

    The U.S. is asking people to share their thoughts about which cool places should be added to a special list of important sites around the world. These places could be big parks or old buildings, and everyone can look at the comments people send.

  • Type:Rule
    Citation:89 FR 107000
    Reading Time:about 4 minutes

    The Department of Education published a correction to a previous regulation related to income-driven repayment for student loans. This document addresses a technical error regarding the exclusion of periods in in-school deferment from counting toward loan forgiveness, which was previously explained but omitted from the regulatory text. The correction is intended to align the regulations with what was originally stated in the preamble, without introducing any new rules. The amendment is effective immediately as of its publication date on December 31, 2024.

    Simple Explanation

    The government fixed a mistake in their rules about how students pay back school loans, making sure what they said before matches what's written now, without changing any important parts.

  • Type:Rule
    Citation:90 FR 6828
    Reading Time:about 58 minutes

    The Council on Environmental Quality (CEQ) has finalized new regulations for the Freedom of Information Act (FOIA) and the Privacy Act, reflecting updates from the FOIA Improvement Act of 2016. These revisions aim to make the regulations easier to understand and use, improving public access to government records and information. The final rules also incorporated public feedback, with changes ensuring transparency and a presumption of openness while also addressing how requests and appeals are processed. Additionally, the CEQ has updated administrative procedures, including the handling of fees and how appeals are managed, to align with current policies and practices.

    Simple Explanation

    The Council on Environmental Quality (CEQ) changed some rules to make it easier for people to ask for and get information from the government, and they also made sure to listen to what people said about how these rules should be.

  • Type:Notice
    Citation:90 FR 8801
    Reading Time:about 5 minutes

    The Food and Drug Administration (FDA) is seeking public feedback on a proposed information collection regarding prescription drug labeling. This information is being reviewed by the Office of Management and Budget (OMB) as required by the Paperwork Reduction Act. The proposal primarily concerns updating and revising regulations for drug labeling, including safety labeling changes and medical gas container labeling. The FDA is inviting comments until March 5, 2025, and offers guidance for companies required to comply with these labeling standards.

    Simple Explanation

    The FDA wants people to give their opinions on new rules about labels for medicine, like how they say what's inside and if it's safe. They're checking these rules carefully to make sure they're good, and you can tell them what you think until March 5, 2025.

  • Type:Rule
    Citation:90 FR 5634
    Reading Time:about 24 minutes

    The Department of Education has issued final regulations for the Professional Development program under the Elementary and Secondary Education Act. The rules aim to support the retention of effective educators in schools serving Indian students by establishing priorities and requirements for program participants. These changes include incentives for retaining educators and addressing payback obligations for students receiving training. The regulations, effective February 18, 2025, emphasize benefits over minimal costs and include measures to support educator retention and better meet the program's educational goals.

    Simple Explanation

    The Department of Education made new rules to help keep good teachers in schools for Indian kids. These rules, starting February 18, 2025, make it easier for teachers to stay in their jobs and help them pay back training costs if they work with Indian Tribes.

  • Type:Rule
    Citation:86 FR 10732
    Reading Time:about 2 minutes

    The U.S. Small Business Administration (SBA) issued a correction to regulations concerning the ownership and control of Veteran-Owned (VO) and Service-Disabled Veteran-Owned (SDVO) Small Business Concerns. Originally published in the Federal Register in 2018, these regulations pertained to the verification of such businesses with the Department of Veterans Affairs. In response to changes in the law, a definition was mistakenly removed, so this document corrects that oversight by adding back the term "Interested Party." This correction ensures that the rules are clear and aligned with the National Defense Authorization Act for Fiscal Year 2017.

    Simple Explanation

    In 2018, the SBA forgot to include a rule about who can complain about certain veteran-owned businesses, so now they're fixing it to make sure everyone understands the rules the same way.

  • Type:Notice
    Citation:86 FR 12001
    Reading Time:about 4 minutes

    The Federal Housing Finance Agency (FHFA) has announced a review in 2021 of all Federal Home Loan Bank members who are required to meet community support standards. The public is invited to comment on these members' community support performance by March 31, 2021. To comply, members must submit a Community Support Statement by October 29, 2021. Details on how to submit comments and the list of members under review are available on respective Federal Home Loan Banks' websites.

    Simple Explanation

    The Federal Housing Finance Agency wants people to say how good or bad certain banks are at helping their local communities. People can share their thoughts until March 31, 2021.

  • Type:Notice
    Citation:86 FR 1484
    Reading Time:about 9 minutes

    The Committee for Purchase From People Who Are Blind or Severely Disabled is proposing to remove several products from the Procurement List. These products were provided by nonprofit agencies that employ individuals who are blind or have severe disabilities. The proposed deletions include various items such as pillowcases, a gear pack, and different types of floor pads. The purpose of the notice is to allow people to submit comments on these proposed deletions, with a deadline for comments set for February 7, 2021.

    Simple Explanation

    The government is thinking about stopping some special items, like pillowcases and a gear bag, from being bought through a program that helps people with disabilities by giving them jobs. They want to know what people think before they decide, and everyone can share their thoughts until February 7, 2021.

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