Federal Travel Regulation (FTR); Relocation Allowances-Waiver of Certain Federal Travel Regulation (FTR) Provisions Regarding Reimbursement of Relocation Expenses for Residential Realtor Broker Fees or Real Estate Commissions, 87977 [2024-25815]

Download as PDF Federal Register / Vol. 89, No. 215 / Wednesday, November 6, 2024 / Rules and Regulations defined in § 97.1002 has passed by holding instead in the source’s compliance account an equal number of CSAPR NOX Ozone Season Expanded Group 2 allowances for the control period in the current year. [FR Doc. 2024–25501 Filed 11–5–24; 8:45 am] BILLING CODE 6560–50–P GENERAL SERVICES ADMINISTRATION 41 CFR Chapter 302 [Notice-MA–2025–01; Docket No. 2024– 0002; Sequence No. 50] Federal Travel Regulation (FTR); Relocation Allowances—Waiver of Certain Federal Travel Regulation (FTR) Provisions Regarding Reimbursement of Relocation Expenses for Residential Realtor Broker Fees or Real Estate Commissions Office of Government-wide Policy (OGP), General Services Administration (GSA). ACTION: Notification of GSA Bulletin FTR 25–03. AGENCY: GSA Bulletin FTR 25–03 informs Federal agencies that certain provisions of the FTR governing official relocation entitlements for residence transactions are temporarily waived in light of practice changes in the residential real estate industry that affect broker compensation. DATES: Applicability Date: This notification is effective upon the date of signature and retroactively applies to buyer broker fees/real estate commissions incurred by an employee on and after August 17, 2024, in connection with the purchase of a residence at the new official station incident to their relocation. This bulletin will remain in effect until explicitly canceled or superseded. FOR FURTHER INFORMATION CONTACT: Mr. Rick Miller at 202–501–3822, or Ms. Jill Denning at 202–208–7642, Office of Government-wide Policy, Office of Asset and Transportation Management, or by email at travelpolicy@gsa.gov. Please cite Notice of GSA Bulletin FTR 25–03. SUPPLEMENTARY INFORMATION: khammond on DSKJM1Z7X2PROD with RULES SUMMARY: Background Prior to August 17, 2024, the customary practice in residential real estate transactions was for only the seller to pay a broker fee or commission. The seller’s agent would then split the fee/commission with the buyer’s agent VerDate Sep<11>2014 15:45 Nov 05, 2024 Jkt 265001 upon sale of the home. As a result of changes to the residential real estate industry that went into effect on August 17, 2024, homebuyers now sign an agreement with their agent specifying the amount or rate of compensation the agent will receive, or how this amount will be determined. While sellers and their agents can still offer to pay a buyer’s agent fee/commission, that exchange must be separately bargained for. This means that in some transactions, homebuyers will be required to pay the full buyer’s agent fee/commission. At present, eligible relocating Federal employees are reimbursed for the broker’s fee or real estate commission they paid in the sale of their residence at the last official station pursuant to 41 CFR 302–11.200(a). However, 41 CFR 302–11.202(b) prohibits reimbursement for broker fees or commissions paid in connection with the purchase of a home at the new official station. Accordingly, OGP is temporarily waiving language in 41 CFR 302–11.200(a) and 302– 11.202(b) to allow agencies to retroactively reimburse eligible relocating employees for buyer broker fees/real estate commissions incurred by an employee on and after August 17, 2024, in connection with the purchase of a residence at the new official station incident to their relocation. GSA Bulletin FTR 25–03 can be viewed at https://www.gsa.gov/ ftrbulletins. Mehul Parekh, Acting Associate Administrator, Office of Government-wide Policy. [FR Doc. 2024–25815 Filed 11–5–24; 8:45 am] BILLING CODE 6820–14–P DEPARTMENT OF HEALTH AND HUMAN SERVICES Administration for Children and Families RIN 0970–AD09 Head Start Program CLASS Implementation Date Delay Office of Head Start (OHS), Administration for Children and Families (ACF), Department of Health and Human Services (HHS). ACTION: Final rule; delay of implementation date. AGENCY: This final rule describes how the Office of Head Start officially delays the date for programs to meet the new competitive threshold for the SUMMARY: Frm 00047 Fmt 4700 Instructional Support domain of the Classroom Assessment Scoring System (CLASS®) used to determine whether a Head Start agency will be subject to an open competition under the Designation Renewal System (DRS). The implementation date in the Head Start Program Performance Standards that raises the CLASS® Instructional Support competitive threshold from 2.3 to 2.5 was August 1, 2025. This final rule officially delays this implementation date to August 1, 2027. DATES: Effective date: This final rule is effective on November 6, 2024. Implementation date: The implementation date for the increased CLASS® Instructional Support competitive threshold of 2.5 as described in 45 CFR 1304.11(c)(1)(iii) is delayed until August 1, 2027. FOR FURTHER INFORMATION CONTACT: Jessica Bialecki, Office of Head Start, 202–240–3901 or Jessica.Bialecki@ acf.hhs.gov. SUPPLEMENTARY INFORMATION: Table of Contents I. Table of Abbreviations II. Executive Summary III. Background and Purpose A. Background and History B. Authority C. Basis and Purpose of Regulatory Action IV. Discussion of Elements of the Final Rule V. Waiver of Notice and Comment Process VI. Regulatory Process Matters VII. Regulatory Impact Analysis I. Table of Abbreviations ACF—Administration for Children and Families CLASS®—Classroom Assessment Scoring System DRS—Designation Renewal System HHS—U.S. Department of Health and Human Services HSPPS—Head Start Program Performance Standards OHS—Office of Head Start II. Executive Summary 45 CFR Part 1304 PO 00000 87977 Sfmt 4700 This final rule describes how the Office of Head Start (OHS) officially delays the date for programs to meet the new competitive threshold for the Instructional Support domain of the Classroom Assessment Scoring System (CLASS®) used to determine whether a Head Start agency will be subject to an open competition under the Designation Renewal System (DRS). The implementation date in the Head Start Program Performance Standards (HSPPS) that raises the CLASS® Instructional Support competitive threshold from 2.3 to 2.5 was August 1, 2025. This final rule officially delays E:\FR\FM\06NOR1.SGM 06NOR1

Agencies

[Federal Register Volume 89, Number 215 (Wednesday, November 6, 2024)]
[Rules and Regulations]
[Page 87977]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-25815]


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GENERAL SERVICES ADMINISTRATION

41 CFR Chapter 302

[Notice-MA-2025-01; Docket No. 2024-0002; Sequence No. 50]


Federal Travel Regulation (FTR); Relocation Allowances--Waiver of 
Certain Federal Travel Regulation (FTR) Provisions Regarding 
Reimbursement of Relocation Expenses for Residential Realtor Broker 
Fees or Real Estate Commissions

AGENCY: Office of Government-wide Policy (OGP), General Services 
Administration (GSA).

ACTION: Notification of GSA Bulletin FTR 25-03.

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

SUMMARY: GSA Bulletin FTR 25-03 informs Federal agencies that certain 
provisions of the FTR governing official relocation entitlements for 
residence transactions are temporarily waived in light of practice 
changes in the residential real estate industry that affect broker 
compensation.

DATES: Applicability Date: This notification is effective upon the date 
of signature and retroactively applies to buyer broker fees/real estate 
commissions incurred by an employee on and after August 17, 2024, in 
connection with the purchase of a residence at the new official station 
incident to their relocation. This bulletin will remain in effect until 
explicitly canceled or superseded.

FOR FURTHER INFORMATION CONTACT: Mr. Rick Miller at 202-501-3822, or 
Ms. Jill Denning at 202-208-7642, Office of Government-wide Policy, 
Office of Asset and Transportation Management, or by email at 
[email protected]. Please cite Notice of GSA Bulletin FTR 25-03.

SUPPLEMENTARY INFORMATION:

Background

    Prior to August 17, 2024, the customary practice in residential 
real estate transactions was for only the seller to pay a broker fee or 
commission. The seller's agent would then split the fee/commission with 
the buyer's agent upon sale of the home. As a result of changes to the 
residential real estate industry that went into effect on August 17, 
2024, homebuyers now sign an agreement with their agent specifying the 
amount or rate of compensation the agent will receive, or how this 
amount will be determined. While sellers and their agents can still 
offer to pay a buyer's agent fee/commission, that exchange must be 
separately bargained for. This means that in some transactions, 
homebuyers will be required to pay the full buyer's agent fee/
commission.
    At present, eligible relocating Federal employees are reimbursed 
for the broker's fee or real estate commission they paid in the sale of 
their residence at the last official station pursuant to 41 CFR 302-
11.200(a). However, 41 CFR 302-11.202(b) prohibits reimbursement for 
broker fees or commissions paid in connection with the purchase of a 
home at the new official station. Accordingly, OGP is temporarily 
waiving language in 41 CFR 302-11.200(a) and 302-11.202(b) to allow 
agencies to retroactively reimburse eligible relocating employees for 
buyer broker fees/real estate commissions incurred by an employee on 
and after August 17, 2024, in connection with the purchase of a 
residence at the new official station incident to their relocation.
    GSA Bulletin FTR 25-03 can be viewed at https://www.gsa.gov/ftrbulletins.

Mehul Parekh,
Acting Associate Administrator, Office of Government-wide Policy.
[FR Doc. 2024-25815 Filed 11-5-24; 8:45 am]
BILLING CODE 6820-14-P
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