Discount Rates for Cost-Effectiveness Analysis of Federal Programs, 5646-5647 [2018-02520]
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Federal Register / Vol. 83, No. 27 / Thursday, February 8, 2018 / Notices
following information collection
activity:
Title of Collection: 30 CFR part 875—
Certification and Noncoal Reclamation.
OMB Control Number: 1029–0103.
Abstract: This Part establishes
procedures and requirements for States
and Indian tribes to conduct noncoal
reclamation under abandoned mine
land funding. The information is needed
to assure compliance with the Surface
Mining Control and Reclamation Act of
1977.
Form Numbers: N/A.
Type of Review: Extension of a
currently approved collection.
Respondents/Affected Public: State
and Tribal reclamation authorities.
Total Estimated Number of Annual
Respondents: 1.
Total Estimated Number of Annual
Responses: 1.
Estimated Completion Time per
Response: 84 hours.
Total Estimated Number of Annual
Burden Hours: 84.
Respondent’s Obligation: Required to
obtain or retain a benefit.
Frequency of Collection: Once.
Total Annual Non-Wage Cost: $0.
Authority: The authorities for this action
are the Surface Mining Control and
Reclamation Act of 1977, as amended (30
U.S.C. 1201 et seq.), and the Paperwork
Reduction Act of 1995 (44 U.S.C. 3501 et
seq.).
John A. Trelease,
Acting Chief, Division of Regulatory Support.
[FR Doc. 2018–02506 Filed 2–7–18; 8:45 am]
BILLING CODE 4310–05–P
States within a reasonably foreseeable
time.
Background
The Commission, pursuant to section
751(c) of the Act (19 U.S.C. 1675(c)),
instituted these reviews on July 3, 2017
(82 FR 30902) and determined on
October 6, 2017 that it would conduct
expedited reviews (82 FR 49659,
October 26, 2017).
The Commission made these
determinations pursuant to section
751(c) of the Act (19 U.S.C. 1675(c)). It
completed and filed its determinations
in these reviews on February 2, 2018.
The views of the Commission are
contained in USITC Publication 4758
(February 2018), entitled Lined Paper
School Supplies from China and India:
Investigation Nos. 701–TA–442 and
731–TA–1095–1096 (Second Review).
Issued: February 2, 2018.
By order of the Commission.
Lisa R. Barton,
Secretary to the Commission.
[FR Doc. 2018–02479 Filed 2–7–18; 8:45 am]
BILLING CODE 7020–02–P
INTERNATIONAL TRADE
COMMISSION
[USITC SE–18–008]
Sunshine Act Meetings
United
States International Trade Commission.
AGENCY HOLDING THE MEETING:
TIME AND DATE:
February 12, 2018 at
11:00 a.m.
Room 101, 500 E Street SW,
Washington, DC 20436, Telephone:
(202) 205–2000.
PLACE:
[Investigation Nos. 701–TA–442 and 731–
TA–1095–1096 (Second Review)]
STATUS:
Lined Paper School Supplies From
China and India; Determinations
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INTERNATIONAL TRADE
COMMISSION
1. Agendas for future meetings: None.
2. Minutes.
3. Ratification List.
4. Vote in Inv. Nos. 701–TA–388, 389,
and 391 and 731–TA–817, 818, and 821
(Third Review) (Cut-to-Length CarbonQuality Steel Plate from India,
Indonesia, and Korea). The Commission
is currently scheduled to complete and
file its determinations and views of the
Commission by February 26, 2018.
5. Outstanding action jackets: None.
In accordance with Commission
policy, subject matter listed above, not
disposed of at the scheduled meeting,
may be carried over to the agenda of the
following meeting.
1 The record is defined in sec. 207.2(f) of the
Commission’s Rules of Practice and Procedure (19
CFR 207.2(f)).
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By order of the Commission.
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[FR Doc. 2018–02620 Filed 2–6–18; 4:15 pm]
BILLING CODE 7020–02–P
OFFICE OF MANAGEMENT AND
BUDGET
Discount Rates for Cost-Effectiveness
Analysis of Federal Programs
Office of Management and
Budget.
ACTION: Revisions to Appendix C of
OMB Circular A–94.
AGENCY:
The Office of Management
and Budget revised Circular A–94 in
1992. The revised Circular specified
certain discount rates to be updated
annually when the interest rate and
inflation assumptions used to prepare
the Budget of the United States
Government were changed. These
discount rates are found in Appendix C
of the revised Circular. The updated
discount rates are shown below. The
discount rates in Appendix C are to be
used for cost-effectiveness analysis,
including lease-purchase analysis, as
specified in the revised Circular. They
do not apply to regulatory analysis.
DATES: The revised discount rates will
be in effect through December 2018.
FOR FURTHER INFORMATION CONTACT:
Gideon Lukens, Office of Economic
Policy, Office of Management and
Budget, (202) 395–3316.
SUMMARY:
Jeffrey Schlagenhauf,
Associate Director for Economic Policy, Office
of Management and Budget.
Attachment
OMB Circular No. A–94
Open to the public.
Appendix C
MATTERS TO BE CONSIDERED:
On the basis of the record 1 developed
in the subject five-year reviews, the
United States International Trade
Commission (‘‘Commission’’)
determines, pursuant to the Tariff Act of
1930 (‘‘the Act’’), that revocation of the
countervailing duty order on lined
paper school supplies from India and
the antidumping duty orders on lined
paper school supplies from China and
India would be likely to lead to
continuation or recurrence of material
injury to an industry in the United
Issued: February 5, 2018.
William R. Bishop,
Supervisory Hearings and Information
Officer.
(Revised November 2017)
Discount Rates for Cost-Effectiveness, Lease
Purchase, and Related Analyses
Effective Dates. This appendix is updated
annually. This version of the appendix is
valid for calendar year 2018. A copy of the
updated appendix can be obtained in
electronic form through the OMB home page
at https://www.whitehouse.gov/wp-content/
uploads/2017/1 l/Appendix-C.pdf. The text
of the Circular is found at btlps://
www.whitehouse.gov/sites/whitehouse.gov/
files/omb/cirular/A94/a094.pdf and a table of
past years’ rates is located at https://
www.whitehouse.gov/wp-content/uploads/
2017/1l/DISCHIST-2018-1.pdf. Updates of
the appendix are also available upon request
from OMB’s Office of Economic Policy (202–
395–3316).
Nominal Discount Rates. A forecast of
nominal or market interest rates for calendar
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Federal Register / Vol. 83, No. 27 / Thursday, February 8, 2018 / Notices
year 2018 based on the economic
assumptions for the 2019 Budget is presented
below. These nominal rates are to be used for
discounting nominal flows, which are often
encountered in lease-purchase analysis.
NOMINAL INTEREST RATES ON TREASURY NOTES AND BONDS OF SPECIFIED MATURITIES
[In percent]
3-Year
5-Year
7-Year
10-Year
20-Year
30-Year
1.0
1.3
1.6
1.8
2.2
2.6
Real Discount Rates. A forecast of real
interest rates from which the inflation
premium has been removed and based on the
economic assumptions from the 2019 Budget
is presented below. These real rates are to be
used for discounting constant-dollar flows, as
is often required in cost effectiveness
analysis.
REAL INTEREST RATES ON TREASURY NOTES AND BONDS OF SPECIFIED MATURITIES
[In percent]
3-Year
5-Year
7-Year
10-Year
20-Year
30-Year
¥0.8
¥0.6
¥0.3
¥0.1
0.2
0.6
Analyses of programs with terms different
from those presented above may use a linear
interpolation. For example, a four-year
project can be evaluated with a rate equal to
the average of the three-year and five-year
rates. Programs with durations longer than 30
years may use the 30-year interest rate.
[FR Doc. 2018–02520 Filed 2–7–18; 8:45 am]
BILLING CODE 3110–01–P
NATIONAL COUNCIL ON DISABILITY
Sunshine Act Meetings
The Members of the
National Council on Disability (NCD)
will hold a quarterly meeting on
Thursday, March 8, from 9:00 a.m.–5:00
p.m., Eastern Time, in Washington, DC.
PLACE: This meeting will occur in
Washington, DC, at the Access Board
Conference Room, 1331 F Street NW,
Suite 800, Washington, DC 20004.
Interested parties may join the meeting
in person at the meeting location or may
join by phone in a listening-only
capacity (other than the period allotted
for public comment noted below) using
the following call-in information:
Teleconference number: 1–888–599–
8667; Conference ID: 9890793;
Conference Title: NCD Meeting; Host
Name: Clyde Terry.
MATTERS TO BE CONSIDERED: The Council
will receive agency updates on policy
projects, finance, governance, and other
business. The Council will receive an
update on the work done to date for its
2018 Progress Report to Congress and
the President, which this year will focus
on monitoring and enforcement efforts
in three federal agencies. The Council
will next release its latest report titled,
‘‘U.S. Foreign Policy and Disability
2017: Progress and Promise’’ with a
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TIME AND DATES:
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summary of the report followed by a
respondent panel. The Council will then
revisit its 2017 Progress Report, which
explored the intersection of disability
and poverty, and receive public
comments on which of the report’s
recommendations are of greatest
importance for NCD’s immediate followup activities. Following the public
comment, the Council will discuss
future 2018 policy activity building off
of the 2017 Progress Report. The
Council will conclude its meeting with
a policy panel including representatives
from the U.S. Department of Justice
(invited), who have been asked to speak
about recent ADA regulation rescissions
as well as their work in the area of
service animals.
AGENDA: The times provided below are
approximations for when each agenda
item is anticipated to be discussed (all
times Eastern):
Thursday, March 8
9:00–9:30 a.m.—Welcome and
introductions
9:30–10:15 a.m.—2018 Progress Report
update and discussion
10:15–10:30 a.m.—Break
10:30–11:30 a.m.—Foreign policy report
release and respondent panel
11:30 a.m.–12:00 p.m.—NCD business
meeting
12:00–12:15 p.m.—Training on Council
Member time reports
12:15–1:45 p.m.—LUNCH BREAK
1:45–2:00 p.m.—Recap of 2017 Progress
Report (intersection of poverty and
disability)
2:00–2:30 p.m.—Public comments
(focused on recommendations of
the 2017 NCD Progress Report on
poverty)
2:30–2:45 p.m.—BREAK
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2:45–3:45 p.m.—Policy
recommendations for FY 2018
building off 2017 Progress Report
3:45–5:00 p.m.—Panel of Department of
Justice representatives regarding
rescinded ADA regulations and
agency activities regarding service
animals (invited)
5:00 p.m.—Adjourn
To better facilitate
NCD’s public comment, any individual
interested in providing public comment
is asked to register his or her intent to
provide comment in advance by sending
an email to PublicComment@ncd.gov
with the subject line ‘‘Public Comment’’
with your name, organization, state, and
topic of comment included in the body
of your email. Full-length written public
comments may also be sent to that email
address. All emails to register for public
comment at the quarterly meeting must
be received by Wednesday, March 7,
2018. Priority will be given to those
individuals who are in-person to
provide their comments during the
public comment period. Those
commenters on the phone will be called
on per the list of those registered via
email. Due to time constraints, NCD
asks all commenters to limit their
comments to three minutes. Comments
received at the March quarterly meeting
will be limited to those regarding the
public’s input on which of the 2017
NCD Progress Report’s
recommendations are of greatest
importance for NCD’s immediate followup activities in 2018.
PUBLIC COMMENT:
CONTACT PERSON FOR MORE INFORMATION:
Anne Sommers, NCD, 1331 F Street
NW, Suite 850, Washington, DC 20004;
202–272–2004 (V), 202–272–2074
(TTY).
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]]>Agencies
[Federal Register Volume 83, Number 27 (Thursday, February 8, 2018)]
[Notices]
[Pages 5646-5647]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-02520]
=======================================================================
-----------------------------------------------------------------------
OFFICE OF MANAGEMENT AND BUDGET
Discount Rates for Cost-Effectiveness Analysis of Federal
Programs
AGENCY: Office of Management and Budget.
ACTION: Revisions to Appendix C of OMB Circular A-94.
-----------------------------------------------------------------------
SUMMARY: The Office of Management and Budget revised Circular A-94 in
1992. The revised Circular specified certain discount rates to be
updated annually when the interest rate and inflation assumptions used
to prepare the Budget of the United States Government were changed.
These discount rates are found in Appendix C of the revised Circular.
The updated discount rates are shown below. The discount rates in
Appendix C are to be used for cost-effectiveness analysis, including
lease-purchase analysis, as specified in the revised Circular. They do
not apply to regulatory analysis.
DATES: The revised discount rates will be in effect through December
2018.
FOR FURTHER INFORMATION CONTACT: Gideon Lukens, Office of Economic
Policy, Office of Management and Budget, (202) 395-3316.
Jeffrey Schlagenhauf,
Associate Director for Economic Policy, Office of Management and
Budget.
Attachment
OMB Circular No. A-94
Appendix C
(Revised November 2017)
Discount Rates for Cost-Effectiveness, Lease Purchase, and Related
Analyses
Effective Dates. This appendix is updated annually. This version
of the appendix is valid for calendar year 2018. A copy of the
updated appendix can be obtained in electronic form through the OMB
home page at https://www.whitehouse.gov/wp-content/uploads/2017/1 l/
Appendix-C.pdf. The text of the Circular is found at btlps://
www.whitehouse.gov/sites/whitehouse.gov/files/omb/cirular/A94/a094.pdf and a table of past years' rates is located at https://www.whitehouse.gov/wp-content/uploads/2017/1l/DISCHIST-2018-1.pdf.
Updates of the appendix are also available upon request from OMB's
Office of Economic Policy (202-395-3316).
Nominal Discount Rates. A forecast of nominal or market interest
rates for calendar
[[Page 5647]]
year 2018 based on the economic assumptions for the 2019 Budget is
presented below. These nominal rates are to be used for discounting
nominal flows, which are often encountered in lease-purchase
analysis.
Nominal Interest Rates on Treasury Notes and Bonds of Specified Maturities
[In percent]
----------------------------------------------------------------------------------------------------------------
3-Year 5-Year 7-Year 10-Year 20-Year 30-Year
----------------------------------------------------------------------------------------------------------------
1.0 1.3 1.6 1.8 2.2 2.6
----------------------------------------------------------------------------------------------------------------
Real Discount Rates. A forecast of real interest rates from
which the inflation premium has been removed and based on the
economic assumptions from the 2019 Budget is presented below. These
real rates are to be used for discounting constant-dollar flows, as
is often required in cost effectiveness analysis.
Real Interest Rates on Treasury Notes and Bonds of Specified Maturities
[In percent]
----------------------------------------------------------------------------------------------------------------
3-Year 5-Year 7-Year 10-Year 20-Year 30-Year
----------------------------------------------------------------------------------------------------------------
-0.8 -0.6 -0.3 -0.1 0.2 0.6
----------------------------------------------------------------------------------------------------------------
Analyses of programs with terms different from those presented
above may use a linear interpolation. For example, a four-year
project can be evaluated with a rate equal to the average of the
three-year and five-year rates. Programs with durations longer than
30 years may use the 30-year interest rate.
[FR Doc. 2018-02520 Filed 2-7-18; 8:45 am]
BILLING CODE 3110-01-P
