Office of Governmentwide Policy, General Services Administration (GSA).
Public Law 95-105 requires that at 3-year intervals following January 1, 1981, minimal value for reporting foreign gifts be redefined by the Administrator of General Services, after consultation with the Secretary of State, to reflect changes in the Consumer Price Index for the immediately preceding 3-year period. The required consultation has been completed and the minimal value has been increased to mean $305 or less as of January 1, 2005.
Effective Date: This final rule is effective January 1, 2005.Start Further Info
FOR FURTHER INFORMATION CONTACT:
The Regulatory Secretariat, Room 4035, GS Building, Washington, DC, 20405, (202) 208-7312, for information pertaining to status or publication schedules. For clarification of content, contact Mr. Robert Holcombe, Director, Personal Property Management Policy Division at (202) 501-3828. Please cite FMR case 2004-102-8, Amendment 2005-1.End Further Info End Preamble Start Supplemental Information
A. Executive Order 12866
The General Services Administration (GSA) has determined that this final rule is not a significant regulatory action for the purposes of Executive Order 12866.
B. Regulatory Flexibility Act
This final rule is not required to be published in the Federal Register for comment. Therefore, the Regulatory Flexibility Act does not apply.
C. Paperwork Reduction Act
The Paperwork Reduction Act does not apply because the changes to the FMR do not impose information collection requirements that require the approval of the Office of Management and Budget under 44 U.S.C. 3501, et seq.
D. Small Business Regulatory Enforcement Fairness Act
This final rule is exempt from Congressional review under 5 U.S.C. 801 since it relates solely to agency management and personnel.Start List of Subjects
List of Subjects in 41 CFR Part 102-42End List of Subjects Start Signature
Dated: January 6, 2005.
Stephen A. Perry,
Administrator of General Services.
For the reasons set forth in the preamble, GSA amendsEnd Amendment Part Start Part
PART 102-42—UTILIZATION, DONATION, AND DISPOSAL OF FOREIGN GIFTS AND DECORATIONSEnd Part Start Amendment Part
1. The authority citation for part 102-42 is revised to read as follows:End Amendment Part
2. Section 102-42.10 is amended in the introductory text of the definition Minimal value by removing “$85” and adding “$305” in its place, and removing the colon and adding an em dash in its place.End Amendment Part End Supplemental Information
[FR Doc. 05-596 Filed 1-11-05; 8:45 am]
BILLING CODE 6820-14-S