General Services Administration February 8, 2008 – Federal Register Recent Federal Regulation Documents

Federal Management Regulation; FMR Case 2008-102-2, Change in Consumer Price Index Minimal Value
Document Number: E8-2359
Type: Rule
Date: 2008-02-08
Agency: General Services Administration, Agencies and Commissions
Public Law 95-105 requires that at 3-year intervals following January 1, 1981, minimal value for foreign gifts be redefined by the Administrator of General Services, after consultation with the Secretary of State, to reflect changes in the Consumer Price Index for the immediately preceding 3-year period. The required consultation has been completed and the minimal value has been increased to mean $335 or less as of January 1, 2008.