Legal Services Corporation Financial Guide; Request for Comments, 40688 [2020-14580]

Download as PDF 40688 Federal Register / Vol. 85, No. 130 / Tuesday, July 7, 2020 / Notices In this action, the United States sought, as provided under Subtitle I of the Resource Conservation and Recovery Act and its related regulations (the ‘‘Underground Storage Tank Regulations’’), penalties and injunctive relief for the failure of defendants Chestnut Petroleum Distributors, Inc., CPD Energy Corp., CPD NY Energy Corp., Chestnut Mart of Gardiner, Inc., Chestnut Marts, Inc., Greenburgh Food Mart, Inc., Middletown Food Mart, Inc., and NJ Energy Corp. to comply with the Underground Storage Tank Regulations at twenty gas stations within the Southern District of New York and adjoining districts. The proposed Consent Decree resolves the United States’ claims and requires defendants to pay a civil penalty of $187,500 and comply with various injunctive measures. The publication of this notice opens the public comment period on the proposed Consent Decree. Comments should be addressed to Jeffrey Bossert Clark, Assistant Attorney General, Environment and Natural Resources Division, and should refer to United States v. Chestnut Petroleum Distributors, Inc., et al., Civil Action No. 19 Civ. 3904 (PHM) (JCM), D.J. Ref. 90– 7–1–11162. All comments must be submitted no later than 30 days after the publication date of this notice. Comments may be submitted either by email or by mail: To submit comments: Send them to: By email .................... pubcomment-ees. enrd@usdoj.gov. Jeffrey Bossert Clark, Assistant Attorney General, U.S. DOJ—ENRD, P.O. Box 7611, Washington, DC 20044– 7611. jbell on DSKJLSW7X2PROD with NOTICES By mail ...................... During the public comment period, the Consent Decree may be examined and downloaded at this Justice Department website: http:// www.usdoj.gov/enrd/Consent_ Decrees.html. We will provide paper copies of the Consent Decree upon written request and payment of reproduction costs. Please email your request and payment to: Consent Decree Library, U.S. DOJ–ENRD, P.O. Box 7611, Washington, DC 20044–7611. Please enclose a check or money order for $4.75 (25 cents per page VerDate Sep<11>2014 16:59 Jul 06, 2020 Jkt 250001 reproduction cost) payable to the United States Treasury. Henry S. Friedman, Assistant Section Chief, Environmental Enforcement Section, Environment and Natural Resources Division. [FR Doc. 2020–14568 Filed 7–6–20; 8:45 am] BILLING CODE 4410–15–P LEGAL SERVICES CORPORATION Legal Services Corporation Financial Guide; Request for Comments Legal Services Corporation. Request for comments. AGENCY: ACTION: The Legal Services Corporation (‘‘LSC’’) has drafted revisions to its Accounting Guide and retitled it as the Financial Guide. LSC seeks comments on the draft Financial Guide. DATES: All comments must be received on or before the close of business on October 15, 2020. ADDRESSES: You may submit comments by any of the following methods. Instructions: Electronic submissions are preferred via email with attachments in Acrobat PDF format. LSC may not consider written comments sent via any other method or received after the end of the comment period. Email: financialguide@lsc.gov. Please include ‘‘Financial Guide Comment’’ in the subject line of the message. Fax, U.S. Mail, Hand Delivery, or Courier: Please call 202–295–1623 for instructions if you need to send materials by one of these methods. FOR FURTHER INFORMATION CONTACT: Mark Freedman, Senior Associate General Counsel, (202) 295–1623 or mfreedman@lsc.gov. SUPPLEMENTARY INFORMATION: The Legal Services Corporation (LSC) has conducted a comprehensive review of the Accounting Guide for LSC Recipients, 2010 Edition. Based on input from LSC grantees and LSC fiscal compliance analysis staff, LSC believes that the format of the Accounting Guide no longer best serves grantees or LSC. LSC has restructured the document and renamed it the Financial Guide. The new draft Financial Guide removes outdated or inapplicable materials, improves materials directly related to LSC-specific issues, and adds clarity about both required and recommended financial practices. The draft Financial Guide also addresses areas that were previously identified as problematic, such as Cost Allocation, and assists grantees in the financial management of LSC grants. SUMMARY: PO 00000 Frm 00069 Fmt 4703 Sfmt 4703 LSC has removed sections that provided general accounting and financial guidance, because neither LSC nor grantees found these sections useful. The Financial Accounting Standards Board (FASB) establishes and updates the generally accepted accounting principles (GAAP) that provide the applicable accounting methods and practices. The draft Financial Guide references GAAP requirements rather than restating them. Overall, the draft Financial Guide conforms to existing LSC and grantee practices and requirements. Additionally, in some places, the draft Financial Guide sets out requirements that have not previously been published for comment. LSC has published on the Matters for Comment web page on www.lsc.gov the draft Financial Guide for comment and a reference guide to the draft updates and new requirements. LSC seeks comments on the entire draft Financial Guide, particularly the sections with significant changes. LSC will review the comments and, if possible, implement the Financial Guide with any appropriate revisions before January 1, 2021. LSC also seeks comment on the following question: Should LSC implement the new Financial Guide as of a single date for all grantees (e.g., January 1, 2021) or by applying it to each grantee with the start of the grantee’s new fiscal year. Dated: July 1, 2020. Mark Freedman, Senior Associate General Counsel. [FR Doc. 2020–14580 Filed 7–6–20; 8:45 am] BILLING CODE 7050–01–P NATIONAL AERONAUTICS AND SPACE ADMINISTRATION [Notice (20–061)] Planetary Science Advisory Committee; Meeting National Aeronautics and Space Administration. ACTION: Notice of meeting. AGENCY: In accordance with the Federal Advisory Committee Act, as amended, the National Aeronautics and Space Administration (NASA) announces a meeting of the Planetary Science Advisory Committee. The meeting will be held for the purpose of soliciting, from the scientific community and other persons, scientific and technical information relevant to program planning. SUMMARY: E:\FR\FM\07JYN1.SGM 07JYN1

Agencies

[Federal Register Volume 85, Number 130 (Tuesday, July 7, 2020)]
[Notices]
[Page 40688]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-14580]


=======================================================================
-----------------------------------------------------------------------

LEGAL SERVICES CORPORATION


Legal Services Corporation Financial Guide; Request for Comments

AGENCY: Legal Services Corporation.

ACTION: Request for comments.

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

SUMMARY: The Legal Services Corporation (``LSC'') has drafted revisions 
to its Accounting Guide and retitled it as the Financial Guide. LSC 
seeks comments on the draft Financial Guide.

DATES: All comments must be received on or before the close of business 
on October 15, 2020.

ADDRESSES: You may submit comments by any of the following methods.
    Instructions: Electronic submissions are preferred via email with 
attachments in Acrobat PDF format. LSC may not consider written 
comments sent via any other method or received after the end of the 
comment period.
    Email: [email protected]. Please include ``Financial Guide 
Comment'' in the subject line of the message.
    Fax, U.S. Mail, Hand Delivery, or Courier: Please call 202-295-1623 
for instructions if you need to send materials by one of these methods.

FOR FURTHER INFORMATION CONTACT: Mark Freedman, Senior Associate 
General Counsel, (202) 295-1623 or [email protected].

SUPPLEMENTARY INFORMATION: The Legal Services Corporation (LSC) has 
conducted a comprehensive review of the Accounting Guide for LSC 
Recipients, 2010 Edition. Based on input from LSC grantees and LSC 
fiscal compliance analysis staff, LSC believes that the format of the 
Accounting Guide no longer best serves grantees or LSC. LSC has 
restructured the document and renamed it the Financial Guide. The new 
draft Financial Guide removes outdated or inapplicable materials, 
improves materials directly related to LSC-specific issues, and adds 
clarity about both required and recommended financial practices. The 
draft Financial Guide also addresses areas that were previously 
identified as problematic, such as Cost Allocation, and assists 
grantees in the financial management of LSC grants.
    LSC has removed sections that provided general accounting and 
financial guidance, because neither LSC nor grantees found these 
sections useful. The Financial Accounting Standards Board (FASB) 
establishes and updates the generally accepted accounting principles 
(GAAP) that provide the applicable accounting methods and practices. 
The draft Financial Guide references GAAP requirements rather than 
restating them.
    Overall, the draft Financial Guide conforms to existing LSC and 
grantee practices and requirements. Additionally, in some places, the 
draft Financial Guide sets out requirements that have not previously 
been published for comment.
    LSC has published on the Matters for Comment web page on 
www.lsc.gov the draft Financial Guide for comment and a reference guide 
to the draft updates and new requirements. LSC seeks comments on the 
entire draft Financial Guide, particularly the sections with 
significant changes. LSC will review the comments and, if possible, 
implement the Financial Guide with any appropriate revisions before 
January 1, 2021.
    LSC also seeks comment on the following question:
    Should LSC implement the new Financial Guide as of a single date 
for all grantees (e.g., January 1, 2021) or by applying it to each 
grantee with the start of the grantee's new fiscal year.

    Dated: July 1, 2020.
Mark Freedman,
Senior Associate General Counsel.
[FR Doc. 2020-14580 Filed 7-6-20; 8:45 am]
BILLING CODE 7050-01-P