Search Results for type:"Rule"

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Search Results: type:"Rule"

  • Type:Rule
    Citation:86 FR 11060
    Reading Time:about 2 hours

    The National Credit Union Administration (NCUA) Board finalized a new rule allowing certain credit unions to issue subordinated debt to boost their regulatory capital. This rule primarily affects low-income designated credit unions, complex credit unions, and new credit unions. The final rule outlines several requirements such as amending the definition of "Accredited Investor," setting disclosure guidelines, and reviewing credit unions' applications to issue subordinated debt. Additionally, it includes changes aiming to safeguard both the credit unions and the National Credit Union Share Insurance Fund (NCUSIF) from increased financial risk.

    Simple Explanation

    Imagine if a special group of piggy banks could borrow extra pennies from big kids to help them grow stronger and safer, but there are lots of rules to make sure everything stays fair and safe. That's what some credit unions (like special banks) are now allowed to do with grown-up money, but they need to follow these rules for everything to be okay.

  • Type:Rule
    Citation:90 FR 9283
    Reading Time:about 3 minutes

    The U.S. Department of Agriculture (USDA) has postponed the effective date of a new rule concerning privacy for certain records systems until April 11, 2025. This rule was originally set to take effect on February 10, 2025, and involves exempting a USDA records system from some Privacy Act provisions to avoid interfering with law enforcement. This delay allows further review and aligns with a presidential memorandum that calls for regulatory review. The action uses a legal exemption that allows the immediate delay without public comment.

    Simple Explanation

    The government is delaying a new rule about keeping certain records private, giving them more time to think about it until April 11, 2025, instead of starting it on February 10, 2025. They decided to wait because they want to make sure everything is right, and they didn't ask people what they thought about the delay because they said it wouldn't make sense to.

  • Type:Rule
    Citation:90 FR 16088
    Reading Time:about 6 minutes

    The Environmental Protection Agency (EPA) has approved a new rule regarding volatile organic compounds (VOC) at a specific printing plant in Ohio. This approval is part of Ohio's State Implementation Plan (SIP) and applies to a printing line at the Valgroup company's plant in Findlay, Ohio. The new VOC rules are stricter than previous ones and aim to control air pollution more effectively. The rule will become effective on May 19, 2025, and does not impose any additional requirements beyond existing state laws.

    Simple Explanation

    Imagine there is a new rule to make air cleaner around a factory in Ohio. The people in charge of keeping the environment safe have approved a plan for this factory to follow stricter rules to stop making too much smelly stuff called VOCs that pollute the air.

  • Type:Rule
    Citation:89 FR 101892
    Reading Time:about 6 minutes

    The Coast Guard is removing the safety and security zone for the Pilgrim Nuclear Power Plant in Plymouth, Massachusetts, since the facility has stopped power operations permanently. This change, effective January 16, 2025, is due to the rules no longer being needed because the plant is no longer operational. The removal will affect navigation charts and publications, and related navigation markers will also be taken down. This decision was supported by all commenters and will not significantly impact small enterprises or require new information collections.

    Simple Explanation

    The Coast Guard is getting rid of a special safety area around the Pilgrim Nuclear Power Plant in Massachusetts because the power plant is not working anymore, so the rules for that area are not needed. This means that maps will change, and signs that marked the area will be taken down, but it won't really affect small businesses or require extra paperwork.

  • Type:Rule
    Citation:90 FR 11660
    Reading Time:about 10 minutes

    The Federal Aviation Administration (FAA) has issued a final rule introducing a new airworthiness directive (AD) for certain Airbus SAS A300-600 series airplanes. This rule, effective April 15, 2025, requires updating maintenance or inspection programs to include new or stricter airworthiness limits. These updates are needed to address potential safety issues like fatigue cracking, which could jeopardize the airplane's structural integrity. The AD aims to ensure the safety of these aircraft by implementing the guidelines set forth by the European Aviation Safety Agency (EASA).

    Simple Explanation

    The FAA made a new rule for certain Airbus planes to follow stricter safety checks to make sure they stay safe and strong during flights. This rule, starting April 15, 2025, is meant to stop problems like cracks from happening.

  • Type:Rule
    Citation:89 FR 104454
    Reading Time:about 3 minutes

    The National Marine Fisheries Service (NMFS) has announced that New York's commercial fishing quota for summer flounder for the year 2024 has been fully used. Starting December 21, 2024, and continuing for the rest of the year, vessels with a Federal permit for summer flounder are not allowed to land flounder in New York unless new quota becomes available through a transfer from another state. This rule is necessary to ensure that the state does not exceed its allocated quota and aligns with both Federal and New York State management plans for fishery sustainability. The rule was issued urgently to avoid exceeding the quota, which supports conservation efforts.

    Simple Explanation

    New York has caught all the summer flounder they are allowed for 2024, so they can't catch any more unless they get extra from another state. This helps make sure there are enough fish for everyone in the future.

  • Type:Rule
    Citation:89 FR 105381
    Reading Time:about 2 minutes

    On November 27, 2024, the Federal Crop Insurance Corporation (FCIC) updated their Area Risk Protection Insurance Regulations and Common Crop Insurance Policy. They later found some mistakes in these changes, such as missing provisions and included ones that shouldn’t have been there. This document corrects those errors, especially in the Small Grains and Green Pea Crop Insurance Provisions. The corrections are effective as of December 27, 2024.

    Simple Explanation

    The rules for crop insurance were updated, but some parts were accidentally left out while others were included by mistake, so now they are fixing it to make sure everything is correct.

  • Type:Rule
    Citation:86 FR 7968
    Reading Time:about 25 minutes

    The Securities and Exchange Commission (SEC) has updated its EDGAR Filer Manual to streamline the electronic filing process by removing outdated content and allowing for electronic notarizations and remote online notarizations. Changes in Volume I clarify the consequences of false statements in submissions, while revisions in Volume II focus on incorporating updates made to EDGAR on December 14, 2020. Additionally, the SEC seeks comments on potential changes to the Form ID information collection, necessary for accessing and using the EDGAR system.

    Simple Explanation

    The SEC made their computer system for filing important documents easier to use by taking out old stuff and allowing people to sign things online. They also want people to share their thoughts on a form needed to use this system.

  • Type:Rule
    Citation:86 FR 8686
    Reading Time:about 2 minutes

    The Office of Workers' Compensation Programs (OWCP) is withdrawing a direct final rule published on December 14, 2020, which proposed changes to regulations on electronic filing, settlements, and penalties under the Longshore and Harbor Workers' Compensation Act. This action aligns with a January 20, 2021, memorandum from the Assistant to the President and Chief of Staff aiming for a regulatory review by the new administration. The withdrawal provides the administration time for assessment and may invite further public comments later.

    Simple Explanation

    The Office of Workers' Compensation Programs had a new rule to change how some workers' paperwork is handled, but they decided to wait and think about it some more because the new President asked them to check it again.

  • Type:Rule
    Citation:90 FR 4652
    Reading Time:about 8 minutes

    The Environmental Protection Agency (EPA) has approved changes to the air quality regulations managed by the Maricopa County Air Quality Department in Arizona. These updates include rules and certifications to control emissions from coating processes and adhesives, as well as declarations related to ozone standards. The EPA's approval, which comes after no public comments were received, ensures that these rules meet federal requirements under the Clean Air Act. The actions taken are not expected to have any negative economic or environmental justice implications.

    Simple Explanation

    The EPA said yes to new rules in Arizona to help keep the air cleaner by controlling some smelly chemicals from paints and glues, making sure they follow the big rulebook for clean air.