Conforming Changes to Applicant Submission Requirements; Implementing Federal Financial Report and Central Contractor Registration Requirements, 76260-76262 [2010-30843]
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76260
Federal Register / Vol. 75, No. 235 / Wednesday, December 8, 2010 / Rules and Regulations
Dated: December 2, 2010.
Bernadette Dunham,
Director, Center for Veterinary Medicine.
and for 36 hours after the last treatment
must not be used for food. Do not use
in dry dairy cows. A withdrawal period
has not been established for use in
preruminating calves. Do not use in
calves to be processed for veal.
*
*
*
*
*
Food and Drug Administration
cumulatively have a significant effect on
the human environment. Therefore,
neither an environmental assessment
nor an environmental impact statement
is required.
This rule does not meet the definition
of ‘‘rule’’ in 5 U.S.C. 804(3)(A) because
it is a rule of ‘‘particular applicability.’’
Therefore, it is not subject to the
congressional review requirements in 5
U.S.C. 801–808.
21 CFR Part 522
List of Subjects in 21 CFR Part 522
[FR Doc. 2010–30769 Filed 12–7–10; 8:45 am]
[FR Doc. 2010–30814 Filed 12–7–10; 8:45 am]
BILLING CODE 4160–01–P
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
Animal drugs.
[Docket No. FDA–2010–N–0002]
Dated: December 1, 2010.
Elizabeth Rettie,
Deputy Director, Office of New Animal Drug
Evaluation, Center for Veterinary Medicine.
BILLING CODE 4160–01–P
Therefore, under the Federal Food,
Drug, and Cosmetic Act and under
authority delegated to the Commissioner
of Food and Drugs and redelegated to
the Center for Veterinary Medicine, 21
CFR part 522 is amended as follows:
■
Implantation or Injectable Dosage
Form New Animal Drugs; Flunixin
AGENCY:
Food and Drug Administration,
HHS.
ACTION:
Final rule.
jlentini on DSKJ8SOYB1PROD with RULES
17:00 Dec 07, 2010
24 CFR Parts 5, 84, and 85
[Docket No. FR–5350–F–02]
The Food and Drug
Administration (FDA) is amending the
animal drug regulations to reflect
approval of a supplemental abbreviated
new animal drug application (ANADA)
filed by Agri Laboratories, Ltd. The
supplemental ANADA provides for use
of flunixin meglumine solution by
intravenous injection in lactating dairy
cows for control of pyrexia associated
with acute bovine mastitis.
DATES: This rule is effective December 8,
2010.
FOR FURTHER INFORMATION CONTACT: John
K. Harshman, Center for Veterinary
Medicine (HFV–104), Food and Drug
Administration, 7500 Standish Pl.,
Rockville, MD 20855, 240–276–8197,
e-mail: john.harshman@fda.hhs.gov.
SUPPLEMENTARY INFORMATION: Agri
Laboratories, Ltd., P.O. Box 3103, St.
Joseph, MO 64503, filed a supplement
to ANADA 200–061 that provides for
veterinary prescription use of FLU–NIX
(flunixin meglumine) Injectable
Solution. The supplemental ANADA
provides for use of flunixin meglumine
solution by intravenous injection in
lactating dairy cows for control of
pyrexia associated with acute bovine
mastitis. The supplemental application
is approved as of September 27, 2010,
and the regulations are amended in 21
CFR 522.970 to reflect the approval.
A summary of safety and effectiveness
data and information submitted to
support approval of this application
may be seen in the Division of Dockets
Management (HFA–305), Food and Drug
Administration, 5630 Fishers Lane, rm.
1061, Rockville, MD 20852, between
9 a.m. and 4 p.m., Monday through
Friday.
The agency has determined under 21
CFR 25.33 that this action is of a type
that does not individually or
SUMMARY:
VerDate Mar<15>2010
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
Jkt 223001
PART 522—IMPLANTATION OR
INJECTABLE DOSAGE FORM NEW
ANIMAL DRUGS
1. The authority citation for 21 CFR
part 522 continues to read as follows:
■
Authority: 21 U.S.C. 360b.
2. In § 522.970, revise paragraphs (b),
(e)(1)(iii), and (e)(2) to read as follows:
■
§ 522.970
Conforming Changes to Applicant
Submission Requirements;
Implementing Federal Financial Report
and Central Contractor Registration
Requirements
*
*
*
*
(b) Sponsors. See sponsors in
§ 510.600(c) of this chapter for use as in
paragraph (e) of this section.
(1) See Nos. 000061, 055529, and
061623 for use as in paragraph (e) of this
section.
(2) See No. 000856 for use as in
paragraph (e)(1) of this section.
(3) See Nos. 057561 and 059130 for
use as in paragraphs (e)(1) and (2) of this
section.
*
*
*
*
*
(e) * * *
(1) * * *
(iii) Limitations. Do not use in horses
intended for human consumption.
(2) Cattle—(i) Amounts and
indications for use—(A) Administer 1.1
to 2.2 mg/kilogram (kg) (0.5 to 1.0 mg/
lb) of body weight per day
intravenously, as a single dose or
divided into two doses administered at
12-hour intervals, for up to 3 days for
control of pyrexia associated with
bovine respiratory disease and
endotoxemia or for control of
inflammation in endotoxemia.
(B) Administer 2.2 mg/kg (1.0 mg/lb)
of body weight once intravenously for
control of pyrexia associated with acute
bovine mastitis.
(ii) Limitations. Cattle must not be
slaughtered for human consumption
within 4 days of last treatment. Milk
that has been taken during treatment
Frm 00008
Fmt 4700
Sfmt 4700
Office of the Secretary, HUD.
Final rule.
AGENCY:
ACTION:
Flunixin.
*
PO 00000
RIN 2501–AD50
This final rule follows
publication of a July 15, 2010, interim
rule that revised HUD regulations to
reference the new governmentwide
Federal Financial Report (FFR)
approved by the Office of Management
and Budget (OMB). The FFR
consolidates requirements from the
OMB-issued Standard Forms SF–269,
SF–269A, SF–272, and SF–272A into a
single governmentwide form. In
incorporating reference to the new FFR
in its regulations, HUD amended its
regulations to remove references to old
and outdated forms that are no longer in
use. The July 15, 2010, interim rule also
codified the requirement that applicants
for HUD assistance possess an active
Central Contractor Registration (CCR).
HUD is adopting the interim rule
without change.
DATES: Effective Date: January 7, 2011.
FOR FURTHER INFORMATION CONTACT:
Barbara Dorf, Director, Office of
Departmental Grants Management and
Oversight, Office of Administration,
Chief Human Capital Officer,
Department of Housing and Urban
Development, 451 7th Street, SW.,
Room 3156, Washington, DC 20410–
0500, telephone number 202–708–0667.
Persons with hearing or speech
impairments may access this number
through TTY by calling the toll-free
Federal Information Relay Service at
800–877–8339.
SUMMARY:
E:\FR\FM\08DER1.SGM
08DER1
Federal Register / Vol. 75, No. 235 / Wednesday, December 8, 2010 / Rules and Regulations
SUPPLEMENTARY INFORMATION:
I. Background
On July 15, 2010 (75 FR 41087), HUD
published an interim rule that revised
HUD regulations to reference the new
governmentwide FFR, approved by
OMB. The FFR provides a uniform,
governmentwide format and establishes
standard reporting period end dates and
due dates for the submission of cash
management and financial information.
The FFR also reduces the burden on
grantees that are reporting using
electronic systems and simplifies
reporting procedures for grantees to
facilitate uniformity in agencies’
grantmaking process. HUD’s July 15,
2010, interim rule amended 24 CFR
parts 84 and 85, by removing references
to old and outdated forms and
substituting, where appropriate, the
FFR. The interim rule also amended
§§ 84.52 and 85.41 to conform to
reporting requirements to those
provided for by the FFR.
HUD’s July 15, 2010, interim rule also
revised 24 CFR part 5 to require that
applicants, including private nonprofit
organizations, educational
organizations, and State and regional
agencies, that are subject to § 5.1001
register with CCR and have an active
CCR registration in order for HUD to
obligate funds and in order for the
applicant to receive funds from HUD.
CCR collects, validates, stores, and
disseminates data in support of agency
missions, including Federal agency
contract and assistance awards, and the
electronic payment process. Codifying
this registration requirement facilitates
applicant and awardee use of a single
public Web site that consolidates data
on awards made under various types of
Federal Financial Assistance, pursuant
to the Federal Funding Accountability
and Transparency Act of 2006
(Transparency Act) (Pub. L. 109–282)
(Transparency Act).
II. This Final Rule
This final rule follows publication of
the July 15, 2010, interim rule. The
public comment period on the interim
rule closed on September 13, 2010. HUD
did not receive public comment on the
interim rule. HUD is adopting the
interim rule without change.
jlentini on DSKJ8SOYB1PROD with RULES
III. Findings and Certifications
Executive Order 12866, Regulatory
Planning and Review
This rule is not a significant
regulatory action under section 3(f) of
Executive Order 12866, Regulatory
Planning and Review, and it was not
reviewed by OMB. This rule is not
VerDate Mar<15>2010
17:00 Dec 07, 2010
Jkt 223001
significant because it conforms HUD
regulations to refer to the FFR, removes
outdated references to forms that are
obsolete, and codifies a requirement that
HUD has included for several years in
its notices of funding availability.
Paperwork Reduction Act
The information collection
requirements contained in this final rule
have been submitted to OMB under the
Paperwork Reduction Act of 1995 (44
U.S.C. 3501–3520). In accordance with
the Paperwork Reduction Act, an agency
may not conduct or sponsor, and a
person is not required to respond to, a
collection of information unless the
collection displays a currently valid
OMB control number. The OMB control
number for the FFR is 0348–0061.
Environmental Impact
This final rule does not direct,
provide for assistance or loan and
mortgage insurance for, or otherwise
govern or regulate real property
acquisition, disposition, leasing,
rehabilitation, alteration, demolition, or
new construction; or establish, revise, or
provide for standards for construction or
construction materials, manufactured
housing, or occupancy. Accordingly,
under 24 CFR 50.19(c)(1), this rule is
categorically excluded from
environmental review under the
National Environmental Policy Act of
1969 (42 U.S.C. 4321).
Regulatory Flexibility Act
The Regulatory Flexibility Act (RFA)
(5 U.S.C. 601 et seq.) generally requires
an agency to conduct a regulatory
flexibility analysis of any rule subject to
notice and comment rulemaking
requirements, unless the agency certifies
that the rule will not have a significant
economic impact on a substantial
number of small entities. This final rule
conforms HUD regulations to
requirements applicable to all grantees
that are already in place, as a result of
action previously taken by OMB, and
small entities were provided the
opportunity for comment in connection
with OMB’s publications. With respect
to financial reporting, this rule
streamlines the financial reporting
requirement by replacing, with one
form, the several that have been used
prior to Fiscal Year 2010 and, as a
result, reducing the burden on all
entities, including small entities, by
simplifying the task of filing required
financial reports. Similarly, CCR
registration has been required of
applicants and grantees for HUD’s
competitive programs to ensure the
proper identity of applicants. This rule
codifies the CCR registration
PO 00000
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Fmt 4700
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76261
requirement that HUD grantees are
already meeting. Accordingly, the
undersigned certifies that this rule will
not have a significant impact on a
substantial number of small entities.
Executive Order 13132, Federalism
Executive Order 13132 (entitled
‘‘Federalism’’) prohibits an agency from
publishing any rule that has federalism
implications if the rule either imposes
substantial direct compliance costs on
State and local governments and is not
required by statute, or the rule preempts
State law, unless the agency meets the
relevant requirements of section 6 of the
Executive Order. This final rule does
not have federalism implications and
does not impose substantial direct
compliance costs on State and local
governments or preempt State law
within the meaning of the Executive
Order.
Unfunded Mandates Reform Act
Title II of the Unfunded Mandates
Reform Act of 1995 (UMRA) (12 U.S.C.
1531–1538) establishes requirements for
Federal agencies to assess the effects of
their regulatory actions on State, local,
and Tribal governments, and on the
private sector. This final rule would not
impose any Federal mandates on any
State, local, or Tribal governments, or
on the private sector, within the
meaning of UMRA.
List of Subjects
24 CFR Part 5
Administrative practice and
procedure, Aged, Claims, Crime,
Government contracts, Grants
programs—housing and community
development, Individuals with
disabilities, Intergovernmental relations,
Loans programs—housing and
community development, Low and
moderate income housing, Mortgage
insurance, Penalties, Pets, Public
housing, Rent subsidies, Reporting and
recordkeeping requirements, Social
Security, Unemployment compensation,
Wages.
24 CFR Part 84
Accounting, Colleges and universities,
Grant programs, Hospitals, Non-profit
organizations, Reporting and
recordkeeping requirements.
24 CFR Part 85
Accounting, Grant programs, Indians,
Intergovernmental relations, Reporting
and recordkeeping requirements.
■ Accordingly, the interim rule
amending 24 CFR parts 5, 84, and 85,
which was published at 75 FR 41087 on
July 15, 2010, is adopted as final
without change.
E:\FR\FM\08DER1.SGM
08DER1
76262
Federal Register / Vol. 75, No. 235 / Wednesday, December 8, 2010 / Rules and Regulations
Dated: December 1, 2010.
Shaun Donovan,
Secretary.
[FR Doc. 2010–30843 Filed 12–7–10; 8:45 am]
BILLING CODE 4210–67–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
[TD 9508]
RIN 1545–BJ85
Source of Income From Qualified Fails
Charges
Internal Revenue Service (IRS),
Treasury.
ACTION: Temporary regulations.
AGENCY:
This document contains
temporary regulations which set forth
the source of income attributable to
qualified fails charges. The temporary
regulations provide guidance about the
treatment of fails charges for purposes of
sections 871 and 881, which generally
require gross-basis taxation of foreign
persons not otherwise subject to U.S.
net-basis taxation and the withholding
of such tax under sections 1441 and
1442. The text of the temporary
regulations also serves as the text of the
proposed regulations set forth in the
notice of proposed rulemaking on this
subject in the Proposed Rules section in
this issue of the Federal Register.
DATES: Effective Date. These regulations
are effective on December 8, 2010.
Applicability Date. These regulations
apply to qualified fails charges paid or
accrued on or after December 8, 2010.
FOR FURTHER INFORMATION CONTACT:
Sheila Ramaswamy or Anthony J. Marra,
Office of Associate Chief Counsel
(International) (202) 622–3870 (not a toll
free call).
SUPPLEMENTARY INFORMATION:
SUMMARY:
jlentini on DSKJ8SOYB1PROD with RULES
Background
In response to persistent delivery
failures in delivery-versus-payment
transactions involving U.S. Treasury
securities (Treasury securities), a trading
practice governing failed deliveries of
Treasury securities was published in
2008 by the Treasury Market Practices
Group (TMPG) and the Securities
Industry and Financial Markets
Association (SIFMA). This trading
practice, which was recommended by
the Federal Reserve Bank of New York
in addition to TMPG and SIFMA, has
subsequently been voluntarily adopted
by almost every participant in the
VerDate Mar<15>2010
17:00 Dec 07, 2010
Jkt 223001
Treasury securities market. Transactions
that involve delivery-versus-payment
include a sale, a purchase, a sale and
repurchase transaction (commonly
known as a ‘‘repo’’), a securities lending
transaction, and an option.
The trading practice addresses the
problem that in certain situations,
including a low interest rate
environment, a party to a deliveryversus-payment transaction may lack
the economic incentive to deliver
Treasury securities in a timely manner.
Under the trading practice, the parties to
a contract that provides for deliveryversus-payment of Treasury securities
agree that if one party fails to deliver
Treasury securities at the time specified
in the contract, the failing party will pay
an amount (a ‘‘fails charge’’) to the party
entitled to receive the Treasury
securities. The fails charge is calculated
using a formula that takes into account
current interest rates and trade
proceeds, and accrues each day that the
failure to deliver continues. The trading
practice is generally expected to impose
a fails charge whenever the interest rate
on a repo that can be settled with any
of a variety of securities (referred to in
the market as the ‘‘general collateral
rate’’) falls below a certain level.
As noted in this preamble, the
delivery-versus-payment market
encompasses a variety of transactions,
each of which can generate a fails
charge. Some transactions, such as a
repo, where delivery is required both at
inception and at settlement, can
produce more than one fails charge. In
back-to-back transactions, it can also be
difficult to determine whether a party
that incurs a fails charge is acting as an
intermediary or a principal. As a result,
there is considerable uncertainty about
the treatment of fails charges for
purposes of sections 871 and 881, which
generally impose gross-basis taxation at
a rate of 30 percent on certain U.S.
source income of foreign persons that is
not effectively connected with the
conduct of a trade or business in the
United States and the withholding of
such tax under sections 1441 and 1442.
Notice 2009–61, (2009 IRB 181),
issued in July 2009, addressed the issue
temporarily by providing that the
Internal Revenue Service (IRS) will not
challenge the position taken by a
taxpayer or a withholding agent that a
fails charge that is paid on or before
December 31, 2010 is not subject to U.S.
gross-basis taxation. Notice 2009–61
further announced that the Treasury
Department and the IRS were
considering issuing prospective
guidance on the circumstances, if any,
that would cause a fails charge to be
subject to U.S. gross-basis taxation.
PO 00000
Frm 00010
Fmt 4700
Sfmt 4700
These temporary regulations provide
further guidance on the treatment of
fails charges. The text of the temporary
regulations also serves as the text of the
proposed regulations set forth in the
notice of proposed rulemaking on this
subject in the Proposed Rules section of
this issue of the Federal Register. See
§ 601.601(d)(2).
Explanation of Provisions
In order to provide certainty and
consistency in the treatment of fails
charges for purposes of sections 871,
881, 1441 and 1442, these temporary
regulations establish source rules for
qualified fails charges that arise in the
delivery-versus-payment market for
Treasury securities. The temporary
regulations provide that the source of
income from a qualified fails charge is
generally determined by reference to the
residence of the taxpayer that is the
recipient of the qualified fails charge
income, with two exceptions. Qualified
fails charge income earned by a
qualified business unit (QBU) of a
taxpayer is sourced to the country in
which the QBU is engaged in a trade or
business, and qualified fails charge
income that arises from a transaction
that is effectively connected to a United
States trade or business is sourced in the
United States and treated as effectively
connected to the conduct of a United
States trade or business.
The temporary regulations provide a
source rule only for income from a
qualified fails charge. In order to be a
qualified fails charge, the fails charge
must satisfy two requirements. First, it
must be paid pursuant to a trading
practice or similar guidance approved
by a U.S. government agency or the
Treasury Market Practices Group (which
is sponsored by the Federal Reserve
Bank of New York), or published in
separate guidance by the IRS. Second,
the transaction that generates the fails
charge must be with respect to a bill,
note, or other evidence of indebtedness
issued by the United States Treasury
Department. These temporary
regulations do not address the source of
any other type of damages payment,
including a fails charge that is not a
qualified fails charge.
Although there is not currently a fails
charge trading practice relating to
securities other than Treasury securities,
one may be considered in the future for
agency securities (including mortgagebacked securities). If a fails charge
trading practice pertaining to agency
securities is endorsed by the Treasury
Market Practices Group or an agency of
the United States government and
widely adopted, the Treasury
Department and the IRS will consider
E:\FR\FM\08DER1.SGM
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]]>Agencies
[Federal Register Volume 75, Number 235 (Wednesday, December 8, 2010)]
[Rules and Regulations]
[Pages 76260-76262]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-30843]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
24 CFR Parts 5, 84, and 85
[Docket No. FR-5350-F-02]
RIN 2501-AD50
Conforming Changes to Applicant Submission Requirements;
Implementing Federal Financial Report and Central Contractor
Registration Requirements
AGENCY: Office of the Secretary, HUD.
ACTION: Final rule.
-----------------------------------------------------------------------
SUMMARY: This final rule follows publication of a July 15, 2010,
interim rule that revised HUD regulations to reference the new
governmentwide Federal Financial Report (FFR) approved by the Office of
Management and Budget (OMB). The FFR consolidates requirements from the
OMB-issued Standard Forms SF-269, SF-269A, SF-272, and SF-272A into a
single governmentwide form. In incorporating reference to the new FFR
in its regulations, HUD amended its regulations to remove references to
old and outdated forms that are no longer in use. The July 15, 2010,
interim rule also codified the requirement that applicants for HUD
assistance possess an active Central Contractor Registration (CCR). HUD
is adopting the interim rule without change.
DATES: Effective Date: January 7, 2011.
FOR FURTHER INFORMATION CONTACT: Barbara Dorf, Director, Office of
Departmental Grants Management and Oversight, Office of Administration,
Chief Human Capital Officer, Department of Housing and Urban
Development, 451 7th Street, SW., Room 3156, Washington, DC 20410-0500,
telephone number 202-708-0667. Persons with hearing or speech
impairments may access this number through TTY by calling the toll-free
Federal Information Relay Service at 800-877-8339.
[[Page 76261]]
SUPPLEMENTARY INFORMATION:
I. Background
On July 15, 2010 (75 FR 41087), HUD published an interim rule that
revised HUD regulations to reference the new governmentwide FFR,
approved by OMB. The FFR provides a uniform, governmentwide format and
establishes standard reporting period end dates and due dates for the
submission of cash management and financial information. The FFR also
reduces the burden on grantees that are reporting using electronic
systems and simplifies reporting procedures for grantees to facilitate
uniformity in agencies' grantmaking process. HUD's July 15, 2010,
interim rule amended 24 CFR parts 84 and 85, by removing references to
old and outdated forms and substituting, where appropriate, the FFR.
The interim rule also amended Sec. Sec. 84.52 and 85.41 to conform to
reporting requirements to those provided for by the FFR.
HUD's July 15, 2010, interim rule also revised 24 CFR part 5 to
require that applicants, including private nonprofit organizations,
educational organizations, and State and regional agencies, that are
subject to Sec. 5.1001 register with CCR and have an active CCR
registration in order for HUD to obligate funds and in order for the
applicant to receive funds from HUD. CCR collects, validates, stores,
and disseminates data in support of agency missions, including Federal
agency contract and assistance awards, and the electronic payment
process. Codifying this registration requirement facilitates applicant
and awardee use of a single public Web site that consolidates data on
awards made under various types of Federal Financial Assistance,
pursuant to the Federal Funding Accountability and Transparency Act of
2006 (Transparency Act) (Pub. L. 109-282) (Transparency Act).
II. This Final Rule
This final rule follows publication of the July 15, 2010, interim
rule. The public comment period on the interim rule closed on September
13, 2010. HUD did not receive public comment on the interim rule. HUD
is adopting the interim rule without change.
III. Findings and Certifications
Executive Order 12866, Regulatory Planning and Review
This rule is not a significant regulatory action under section 3(f)
of Executive Order 12866, Regulatory Planning and Review, and it was
not reviewed by OMB. This rule is not significant because it conforms
HUD regulations to refer to the FFR, removes outdated references to
forms that are obsolete, and codifies a requirement that HUD has
included for several years in its notices of funding availability.
Paperwork Reduction Act
The information collection requirements contained in this final
rule have been submitted to OMB under the Paperwork Reduction Act of
1995 (44 U.S.C. 3501-3520). In accordance with the Paperwork Reduction
Act, an agency may not conduct or sponsor, and a person is not required
to respond to, a collection of information unless the collection
displays a currently valid OMB control number. The OMB control number
for the FFR is 0348-0061.
Environmental Impact
This final rule does not direct, provide for assistance or loan and
mortgage insurance for, or otherwise govern or regulate real property
acquisition, disposition, leasing, rehabilitation, alteration,
demolition, or new construction; or establish, revise, or provide for
standards for construction or construction materials, manufactured
housing, or occupancy. Accordingly, under 24 CFR 50.19(c)(1), this rule
is categorically excluded from environmental review under the National
Environmental Policy Act of 1969 (42 U.S.C. 4321).
Regulatory Flexibility Act
The Regulatory Flexibility Act (RFA) (5 U.S.C. 601 et seq.)
generally requires an agency to conduct a regulatory flexibility
analysis of any rule subject to notice and comment rulemaking
requirements, unless the agency certifies that the rule will not have a
significant economic impact on a substantial number of small entities.
This final rule conforms HUD regulations to requirements applicable to
all grantees that are already in place, as a result of action
previously taken by OMB, and small entities were provided the
opportunity for comment in connection with OMB's publications. With
respect to financial reporting, this rule streamlines the financial
reporting requirement by replacing, with one form, the several that
have been used prior to Fiscal Year 2010 and, as a result, reducing the
burden on all entities, including small entities, by simplifying the
task of filing required financial reports. Similarly, CCR registration
has been required of applicants and grantees for HUD's competitive
programs to ensure the proper identity of applicants. This rule
codifies the CCR registration requirement that HUD grantees are already
meeting. Accordingly, the undersigned certifies that this rule will not
have a significant impact on a substantial number of small entities.
Executive Order 13132, Federalism
Executive Order 13132 (entitled ``Federalism'') prohibits an agency
from publishing any rule that has federalism implications if the rule
either imposes substantial direct compliance costs on State and local
governments and is not required by statute, or the rule preempts State
law, unless the agency meets the relevant requirements of section 6 of
the Executive Order. This final rule does not have federalism
implications and does not impose substantial direct compliance costs on
State and local governments or preempt State law within the meaning of
the Executive Order.
Unfunded Mandates Reform Act
Title II of the Unfunded Mandates Reform Act of 1995 (UMRA) (12
U.S.C. 1531-1538) establishes requirements for Federal agencies to
assess the effects of their regulatory actions on State, local, and
Tribal governments, and on the private sector. This final rule would
not impose any Federal mandates on any State, local, or Tribal
governments, or on the private sector, within the meaning of UMRA.
List of Subjects
24 CFR Part 5
Administrative practice and procedure, Aged, Claims, Crime,
Government contracts, Grants programs--housing and community
development, Individuals with disabilities, Intergovernmental
relations, Loans programs--housing and community development, Low and
moderate income housing, Mortgage insurance, Penalties, Pets, Public
housing, Rent subsidies, Reporting and recordkeeping requirements,
Social Security, Unemployment compensation, Wages.
24 CFR Part 84
Accounting, Colleges and universities, Grant programs, Hospitals,
Non-profit organizations, Reporting and recordkeeping requirements.
24 CFR Part 85
Accounting, Grant programs, Indians, Intergovernmental relations,
Reporting and recordkeeping requirements.
0
Accordingly, the interim rule amending 24 CFR parts 5, 84, and 85,
which was published at 75 FR 41087 on July 15, 2010, is adopted as
final without change.
[[Page 76262]]
Dated: December 1, 2010.
Shaun Donovan,
Secretary.
[FR Doc. 2010-30843 Filed 12-7-10; 8:45 am]
BILLING CODE 4210-67-P
