Management and Budget Office August 2016 – Federal Register Recent Federal Regulation Documents
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OMB Sequestration Update Report to the President and Congress for Fiscal Year 2017
OMB is issuing the OMB Sequestration Update Report to the President and Congress for Fiscal Year 2017 to report on the status of the discretionary caps and on the compliance of pending discretionary appropriations legislation with those caps. For fiscal year 2016, the report finds enacted appropriations to be within the spending limits. The report also finds that 2016 supplemental funding amounts for Zika virus response included in Divisions B and D of the pending Military Construction, Veterans Affairs, and related Agencies Appropriations Act, 2017 and Zika Response and Preparedness Conference Report would not breach the 2016 limits if enacted. For fiscal year 2017, the report finds that, if the current limits remain unchanged, under OMB's estimates of actions to date by the House of Representatives for the 12 annual appropriations bills would result in a sequestration of approximately $17 million in defense programs and $775 million in non- defense programs, respectively. The report finds that actions by the Senate for both categories are in compliance with the current spending limits. Finally, the report also contains OMB's Preview Estimate of the Disaster Relief Funding Adjustment for FY 2017.
Uniform Administrative Requirements, Cost Principles, and Audit Requirements
This notice announces the availability of the 2016 OMB 2 CFR 200, Subpart FCompliance Supplement (Supplement). The notice also offers interested parties an opportunity to comment on the 2016 Supplement. The 2016 Supplement adds two new programs and deletes five programs (that are completed under the American Recovery and Reinvestment Act). It has also been updated for program changes and technical corrections. In addition, it removed two compliance requirements from the standard list of such requirements: Davis Bacon (formerly compliance requirement D) and Real Property Acquisition and Relocation Assistance (formerly compliance requirement K). Part 3 Compliance Requirements is divided into two subparts. Subpart 3.1 is applicable to awards issued prior to December 26, 2014 and Subpart 3.2 is applicable to awards issued on or after December 26, 2014. The two added programs are: CFDA 14.225Community Development Block Grants/Special Purpose Grants/Insular Areas to form a cluster with CFDA 14.218, Community Development Block Grants/Entitlement Grants. CFDA 14.272National Disaster Resilience Competition (CDBG-NDR) to form a cluster with CFDA 14.269, Hurricane Sandy Community Development Block Grant Disaster Recovery Grants (CDBG-DR). The five deleted programs are: CFDA 11.010Community Trade Adjustment Assistance. CFDA 14.880Family Unification Program (FUP). CFDA 14.257Homelessness Prevention and Rapid Re-Housing Program (HPRP) (Recovery Act Funded). CFDA 81.128, Energy Efficiency and Conservation Block Grant Program. CFDA 84.388School Improvement Grants, Recovery Act. Part 6Internal Control was updated to be consistent with the guidance contained in ``Standards for Internal Control in the Federal Government'' issued by the Comptroller General of the United States (Green Book) and the ``Internal Control Integrated Framework'' (revised in 2013), issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). Highlights of the changes in the Appendices include the following: Appendix II provides the dates of agencies' issuance of final rules or regulatory actions to implement the OMB Guidance in 2 CFR 200. Appendix III lists the National Single Audit Coordinators and Single Audit Key Management Liaisons, along with their distinct roles for answering public inquiries regarding Single Audit. A list of changes to the 2016 Supplement can be found at Appendix V. Due to its length, the 2016 Supplement is not included in this Notice.
North American Industry Classification System-Revision for 2017
The North American Industry Classification System (NAICS) is a system for classifying establishments (individual business locations) by type of economic activity. Mexico's Instituto Nacional de Estad[iacute]stica y Geograf[iacute]a (INEGI), Statistics Canada, and the United States Office of Management and Budget (OMB), through its Economic Classification Policy Committee (ECPC), collaborate on NAICS to make the industry statistics produced by the three countries comparable. Under 31 U.S.C. 1104(d) and 44 U.S.C. 3504(e), the Office of Management and Budget (OMB) is announcing its final decisions for adoption of NAICS revisions for 2017 as recommended by the ECPC in Part IV of OMB's notice for solicitation of comments published in the August 4, 2015, Federal Register (80 FR 46480-46484). More details on these decisions are presented in the SUPPLEMENTARY INFORMATION section below.
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