OMB Sequestration Update Report to the President and Congress for Fiscal Year 2014, 53785 [2013-20928]

Download as PDF Federal Register / Vol. 78, No. 169 / Friday, August 30, 2013 / Notices reproduction cost) payable to the United States Treasury. For a paper copy without the exhibits and signature pages, the cost is $16.25. Maureen Katz, Assistant Section Chief, Environmental Enforcement Section, Environment and Natural Resources Division. [FR Doc. 2013–21181 Filed 8–29–13; 8:45 am] BILLING CODE 4410–15–P OFFICE OF MANAGEMENT AND BUDGET OMB Sequestration Update Report to the President and Congress for Fiscal Year 2014 Executive Office of the President, Office of Management and Budget. ACTION: Notice of availability of the OMB Sequestration Update Report to the President and Congress for FY 2014. AGENCY: OMB is issuing the Sequestration Update Report to the President and Congress for FY 2014 to report on the status of pending discretionary appropriations legislation and compliance with the discretionary caps. The report finds that unless the discretionary limits are restored to the levels agreed to in the American Taxpayer Relief Act of 2012, OMB’s estimates of House action for the 12 annual appropriations bills show that a sequestration of approximately $47.9 billion in discretionary programs in the defense (or revised security) category would be required. Similarly, OMB’s estimates of appropriations action by the Senate indicate that a sequestration of approximately $54.1 billion in discretionary programs in the defense category and $34.3 billion in discretionary programs in the nondefense (or revised nonsecurity) category would be required. The report also contains OMB’s Preview Estimate of the Disaster Relief Funding Adjustment for FY 2014. DATES: Effective Date: August 20, 2013. Section 254 of the Balanced Budget and Emergency Deficit Control Act of 1985, as amended, requires the Office of Management and Budget (OMB) to issue a Sequestration Update Report on August 20th of each year. With regard to this update report and to each of the three required sequestration reports, section 254(b) specifically states the following: Submission and Availability of Reports—Each report required by this section shall be submitted, in the case of CBO, to the House of Representatives, tkelley on DSK3SPTVN1PROD with NOTICES SUMMARY: VerDate Mar<15>2010 18:00 Aug 29, 2013 Jkt 229001 the Senate and OMB and, in the case of OMB, to the House of Representatives, the Senate, and the President on the day it is issued. On the following day a notice of the report shall be printed in the Federal Register. ADDRESSES: The OMB Sequestration Reports to the President and Congress is available on-line on the OMB home page at: https://www.whitehouse.gov/ omb/legislative_reports/sequestration. FOR FURTHER INFORMATION CONTACT: Thomas Tobasko, 6202 New Executive Office Building, Washington, DC 20503, Email address: ttobasko@omb.eop.gov, telephone number: (202) 395–5745, FAX number: (202) 395–4768 or Jenny Winkler Murray, 6236 New Executive Office Building, Washington, DC 20503, Email address: jwinkler@omb.eop.gov, telephone number: (202) 395–7763, FAX number: (202) 395–4768. Because of delays in the receipt of regular mail related to security screening, respondents are encouraged to use electronic communications. Sylvia M. Burwell, Director. [FR Doc. 2013–20928 Filed 8–29–13; 8:45 am] BILLING CODE P NATIONAL CREDIT UNION ADMINISTRATION National Credit Union Administration (NCUA). ACTION: Notice and request for comments. AGENCY: The NCUA, as part of their continuing effort to reduce paperwork and respondent burden, invite the general public and other Federal agencies to take this opportunity to comment on information collections, as required by the Paperwork Reduction Act of 1995. NCUA is soliciting comments concerning the Suspicious Activity Report (SAR). As Bank Secrecy Act (BSA) administrator, the Financial Crimes Enforcement Network (FinCEN) transitioned from a system originally designed for collecting industry specific paper forms to a modernized information technology environment centered on electronic reporting. Based on financial institution type, depository institutions, broker-dealers in securities, futures commission merchants and introducing brokers in commodities, insurance companies, mutual funds, money services businesses, and casinos PO 00000 Frm 00060 Fmt 4703 Sfmt 4703 currently filed reports on four separate forms. FinCEN’s objective is to have one electronically-filed dynamic and interactive BSA–SAR that will be used by all filing institutions to report suspicious activity as of April 1, 2013. There are no proposed changes to the regulatory reporting criteria for information collection. Federally insured credit unions will continue to follow the regulation, interagency guidance, and filing instructions to determine when a report should be filed and what information should be included on the report. Written comments should be received on or before September 30, 2013. DATES: Interested parties are invited to submit written comments to the NCUA Contact and the OMB Reviewer listed below: NCUA Contact: Tracy Crews, National Credit Union Administration, 1775 Duke Street, Alexandria, Virginia 22314–3428, Fax No. 703–837–2861, Email: OCIOPRA@ncua.gov. OMB Contact: Office of Management and Budget, ATTN: Desk Officer for the National Credit Union Administration, Office of Information and Regulatory Affairs, Washington, DC 20503. ADDRESSES: FOR FURTHER INFORMATION CONTACT: Agency Information Collection Activities: Submission to OMB for Reinstatement, With Change, of a Previously Approved Collection SUMMARY: 53785 Requests for additional information, a copy of the collection, or a copy of submitted comments should be directed to Tracy Crews at the National Credit Union Administration, 1775 Duke Street, Alexandria, VA 22314–3428, or at (703) 518–6444. The interactive BSA–SAR includes several new data fields and introduces data fields from the SARs of other industries. On March 29, 2012, FinCEN released guidance 1 titled, ‘‘Filing FinCEN’s new Currency Transaction Report and Suspicious Activity Report’’. This guidance clarified expectations and notes that FinCEN is making available additional and more specific data elements (i.e., characterizations of suspicious activity and types of financial services) as a more efficient way to bring information about suspicious activity to the attention of FinCEN and law enforcement. The guidance clarified the addition of new and expanded data elements; however, the guidance does not create an expectation that financial institutions will revise internal programs, or develop new programs, to capture SUPPLEMENTARY INFORMATION: 1 https://www.fincen.gov/statutes_regs/guidance/ pdf/FIN-2012-G002.pdf. E:\FR\FM\30AUN1.SGM 30AUN1

Agencies

Management and Budget Office

[Federal Register Volume 78, Number 169 (Friday, August 30, 2013)]
[Notices]
[Page 53785]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-20928]


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OFFICE OF MANAGEMENT AND BUDGET


OMB Sequestration Update Report to the President and Congress for 
Fiscal Year 2014

AGENCY: Executive Office of the President, Office of Management and 
Budget.

ACTION: Notice of availability of the OMB Sequestration Update Report 
to the President and Congress for FY 2014.

-----------------------------------------------------------------------

SUMMARY: OMB is issuing the Sequestration Update Report to the 
President and Congress for FY 2014 to report on the status of pending 
discretionary appropriations legislation and compliance with the 
discretionary caps. The report finds that unless the discretionary 
limits are restored to the levels agreed to in the American Taxpayer 
Relief Act of 2012, OMB's estimates of House action for the 12 annual 
appropriations bills show that a sequestration of approximately $47.9 
billion in discretionary programs in the defense (or revised security) 
category would be required. Similarly, OMB's estimates of 
appropriations action by the Senate indicate that a sequestration of 
approximately $54.1 billion in discretionary programs in the defense 
category and $34.3 billion in discretionary programs in the non-defense 
(or revised nonsecurity) category would be required. The report also 
contains OMB's Preview Estimate of the Disaster Relief Funding 
Adjustment for FY 2014.

DATES: Effective Date: August 20, 2013. Section 254 of the Balanced 
Budget and Emergency Deficit Control Act of 1985, as amended, requires 
the Office of Management and Budget (OMB) to issue a Sequestration 
Update Report on August 20th of each year. With regard to this update 
report and to each of the three required sequestration reports, section 
254(b) specifically states the following:
    Submission and Availability of Reports--Each report required by 
this section shall be submitted, in the case of CBO, to the House of 
Representatives, the Senate and OMB and, in the case of OMB, to the 
House of Representatives, the Senate, and the President on the day it 
is issued. On the following day a notice of the report shall be printed 
in the Federal Register.

ADDRESSES: The OMB Sequestration Reports to the President and Congress 
is available on-line on the OMB home page at: https://www.whitehouse.gov/omb/legislative_reports/sequestration.

FOR FURTHER INFORMATION CONTACT: Thomas Tobasko, 6202 New Executive 
Office Building, Washington, DC 20503, Email address: 
ttobasko@omb.eop.gov, telephone number: (202) 395-5745, FAX number: 
(202) 395-4768 or Jenny Winkler Murray, 6236 New Executive Office 
Building, Washington, DC 20503, Email address: jwinkler@omb.eop.gov, 
telephone number: (202) 395-7763, FAX number: (202) 395-4768. Because 
of delays in the receipt of regular mail related to security screening, 
respondents are encouraged to use electronic communications.

Sylvia M. Burwell,
Director.
[FR Doc. 2013-20928 Filed 8-29-13; 8:45 am]
BILLING CODE P

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