Search Results for type:"Rule"

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Search Results: type:"Rule"

  • Type:Rule
    Citation:86 FR 4662
    Reading Time:about 5 hours

    The Securities and Exchange Commission (SEC) has adopted a final rule under the Securities Exchange Act of 1934 to improve transparency in the extraction industry. This rule requires companies involved in the extraction of oil, natural gas, or minerals to report payments made to foreign governments or the U.S. federal government for resource development. Companies must include details about the type and amount of payments, and this information must be presented publicly in a specific electronic format. The rule aims to deter corruption and promote accountability, although some exemptions and delayed reporting options are available to reduce the compliance burden on smaller companies.

    Simple Explanation

    The government wants companies finding oil, gas, or minerals to tell everyone how much money they give to countries or the U.S., so people know what’s happening and are less likely to hide things.

  • Type:Rule
    Citation:86 FR 10449
    Reading Time:about 9 minutes

    The FAA has issued a new airworthiness directive for specific models of Airbus Helicopters Deutschland GmbH, including EC135 and its variants. This directive requires operators to remove certain Titanium (Ti) bolts, identified by specific part numbers and markings, from service and ban their installation on the forward tail rotor drive shaft. These actions were prompted by safety concerns following a report of a broken Ti-bolt, which could lead to reduced control of the helicopter. The rule is effective as of March 29, 2021, and aims to prevent possible helicopter control issues linked to these Ti-bolts.

    Simple Explanation

    The FAA is telling people who fly certain Airbus helicopters to stop using a specific type of screw in a part of the helicopter because one of those screws broke and it could make flying the helicopter dangerous.

  • Type:Rule
    Citation:86 FR 2080
    Reading Time:about 4 hours

    The U.S. Securities and Exchange Commission (SEC) has finalized amendments to improve financial disclosure requirements under Regulation S-K. These changes remove the need for companies to provide Selected Financial Data and streamline the need to disclose Supplementary Financial Information. Additionally, they update the Management's Discussion & Analysis of Financial Condition and Results of Operations (MD&A) rules to make financial statements more transparent and less repetitive. The goal is to help investors by making disclosures clearer and to reduce compliance difficulties for companies.

    Simple Explanation

    The SEC has changed some rules so companies don't have to repeat themselves when sharing money details and to make the information easier for everyone to understand. Now, it's quicker for companies to say how they're doing and important things are clearer for people who look at these money talks.

  • Type:Rule
    Citation:90 FR 3706
    Reading Time:about 22 minutes

    The General Services Administration (GSA) has finalized a rule that changes how relocation miscellaneous expenses allowances (MEA) are handled for federal employees. Previously, the lump sum amounts were listed in the Federal Travel Regulation (FTR); now, they will be published in FTR Bulletins, making it easier to update the amounts based on the Consumer Price Index. This change aims to provide more flexibility and accurate compensation for employees, but it may lead to a small increase in costs for the federal government. The rule also clarifies which expenses may or may not be reimbursed under MEA and ensures that the rules are easy to follow.

    Simple Explanation

    The U.S. government made a change to how they handle moving money for workers moving to a new place for work. Instead of keeping the money rules in a big rulebook, they'll put them in smaller updates, like how some prices change at the store. This makes it easier to change the rules but might also make things a bit confusing if not updated often enough.

  • Type:Rule
    Citation:90 FR 13833
    Reading Time:about 20 minutes

    In March 2025, the Consumer Product Safety Commission (CPSC) issued a direct final rule to update safety standards for stationary activity centers as per the Consumer Product Safety Improvement Act of 2008. The new rule incorporates revisions from the 2024 version of the ASTM F2012 standard, which include improved requirements for the permanency of warning labels and additional example warnings. These updates are set to become mandatory on July 5, 2025, unless significant adverse comments are received. The rule aligns the Code of Federal Regulations with the latest ASTM standards to enhance child safety.

    Simple Explanation

    The people who make sure toys are safe for kids have decided to change the rules for a type of toy called "stationary activity centers" to make them even safer. They want to make sure the stickers with safety warnings stay on better and have added extra warnings, and these new rules will be official unless lots of people complain.

  • Type:Rule
    Citation:86 FR 10837
    Reading Time:about 4 minutes

    The Federal Emergency Management Agency (FEMA) has issued a final rule concerning flood insurance under the National Flood Insurance Program (NFIP). The rule specifies that certain communities, which have not complied with floodplain management requirements, are scheduled for suspension, meaning they will lose access to NFIP flood insurance unless they meet the necessary regulations before the specified dates. FEMA provides a resource at fema.gov for individuals to verify the participation status of their community. The rule clarifies that notifications have been given to communities, and suspensions will take effect barring required compliance.

    Simple Explanation

    FEMA is telling towns they need to follow the rules for dealing with floods to keep getting special flood insurance, and they can check online to see if they're following the rules, but people without the internet can still get help by asking their local flood experts.

  • Type:Rule
    Citation:89 FR 96517
    Reading Time:about 14 minutes

    The Federal Aviation Administration (FAA) has issued a new airworthiness directive (AD) for all Airbus Helicopters Model EC225LP helicopters due to a reported crack in the main rotor hub (MRH) sleeve. This directive requires regular inspections of certain MRH sleeves and restricts the installation of these sleeves unless they meet inspection requirements based on a European Union Aviation Safety Agency (EASA) directive. The FAA aims to address this unsafe condition, as failing to manage it could lead to major structural failures and loss of control of the helicopter. The FAA is accepting comments on this final rule until January 21, 2025, and the rule becomes effective on December 20, 2024.

    Simple Explanation

    The government says that all Airbus helicopters of a certain model have a part that might crack, which could cause a big problem. They want helicopter owners to check this part regularly to make sure it's safe, and they are asking people to share their thoughts on these new rules soon.

  • Type:Rule
    Citation:86 FR 1809
    Reading Time:about 2 minutes

    The U.S. Army Corps of Engineers is removing outdated regulations about federal participation in covered flood control channels from the Code of Federal Regulations. These regulations, which were first introduced in the late 1970s, are no longer necessary because they cover internal operations with no impact on the public. Current policies on this topic are available in more accessible locations and are designed to eliminate confusion. This removal is part of an effort to simplify regulations and follows recommendations from the Department of Defense's Regulatory Reform Task Force.

    Simple Explanation

    The U.S. Army Corps of Engineers is taking out old rules about flood control because they don't affect people outside their team, and they've found better ways to share these rules. So, they're cleaning up the rulebook to make things less confusing.

  • Type:Rule
    Citation:89 FR 97480
    Reading Time:about 10 minutes

    The FAA has issued a new airworthiness directive for all Airbus SAS Model A321-251NX, -252NX, -253NX, -271NX, and -272NX airplanes. This directive requires inspecting certain parts of these airplanes for discrepancies and replacing any faulty components. It was introduced after finding that a material called "Dykem" had clogged specific venting holes, which could cause problems during flight. This rule, effective January 13, 2025, aims to ensure these airplanes remain safe to operate.

    Simple Explanation

    Airplanes have cool, inflatable slides for emergencies, and some of these slides have little holes that got clogged with a special paint called "Dykem." The FAA wants people to check and fix this so the slides work perfectly, just like how someone might check a toy to make sure it's safe to play with.

  • Type:Rule
    Citation:89 FR 101901
    Reading Time:about 20 minutes

    The Environmental Protection Agency (EPA) has determined that several areas in Illinois, Indiana, Michigan, Missouri, Ohio, and Wisconsin have failed to meet the 2015 ozone National Ambient Air Quality Standards by the required deadline. As a result, these areas will be reclassified as "Serious" nonattainment zones starting January 16, 2025. This reclassification means that they must now meet stricter regulations to reduce ozone pollution by August 3, 2027. This decision is part of the EPA's duty to ensure air quality improves in areas that do not meet federal standards.

    Simple Explanation

    The EPA found out that some places in the Midwest, like parts of Illinois and Wisconsin, have too much bad air (ozone) and didn't fix it in time. So now, these areas will have to follow stricter rules to clean the air by a new deadline.