Unified Agenda
5 CFR Ch. III and 48 CFR Ch. 01
AGENCY:
Office of Management and Budget.
ACTION:
Semiannual regulatory agenda.
SUMMARY:
The Office of Management and Budget (OMB) is publishing its semiannual agenda of upcoming activities for OMB Circulars, Office of Federal Procurement Policy (OFPP) Policy Letters, and Cost Accounting Standards Board (CASB) Cost Accounting Standards.
OMB Circulars and OFPP Policy Letters are published in accordance with OMB's internal procedures for implementing Executive Order 12866 (October 4, 1993, 58 FR 51735). OMB Policy guidelines are issued under authority derived from several sources including: subtitles I, II, and V of title 31, United States Code; Executive Order 11541; and other specific authority as cited. OMB Circulars and OFPP Policy Letters communicate guidance and instructions of a continuing nature to executive branch agencies. As such, most OMB Circulars and OFPP Policy Letters are not regulations. Nonetheless, because these issuances are typically of public interest, they are generally published in the Federal Register in both proposed (for public comment) and final stages. For this reason, they are presented below in the standard format of "prerule," "proposed rule," and "final rule" stages.
CASB Cost Accounting Standards are issued under authority derived from 41 U.S.C. 422. Cost Accounting Standards are rules governing the measurement, assignment, and allocation of costs to contracts with the United States Government.
For purposes of this agenda, we have excluded directives that outline procedures to be followed in connection with the President's budget and legislative programs and directives that affect only the internal functions, management, or personnel of Federal agencies.
FOR FURTHER INFORMATION CONTACT:
See agency person listed for each entry in the agenda, c/o Office of Management and Budget, Washington, DC 20503. On the overall agenda, contact Cynthia A. Christian, (202) 395-3060, at the above address.
Dated:
March 22, 2002.
Cynthia A. Christian, Deputy Assistant Director for Administration.
| Office of Management and Budget—Proposed Rule Stage | Sequence Number | Title | Regulation Identification Number |
|---|---|---|
| 3339 | Revision of OMB Circular A-127 To Implement the Federal Financial Management Improvement Act (FFMIA) and To Reflect Updated Financial Management Policies | 0348-AB46 |
| 3340 | Accounting for the Cost of Post-Retirement Benefit Plans (Health Care) | 0348-AB54 |
| 3341 | Policies on Management of Federal Information Resources (OMB Circular A-130) | 0348-AB55 |
| Office of Management and Budget—Long-Term Actions | Sequence Number | Title | Regulation Identification Number |
|---|---|---|
| 3342 | Federal Participation in the Development and Use of Volunteer Consensus Standards and in Conformity Assessment Activities (OMB Circular A-119) | 0348-AB53 |
| Office of Management and Budget—Completed Actions | Sequence Number | Title | Regulation Identification Number |
|---|---|---|
| 3343 | Regulations for Air Carrier Guarantee Loan Program | 0348-AB56 |
3339. REVISION OF OMB CIRCULAR A-127 TO IMPLEMENT THE FEDERAL FINANCIAL MANAGEMENT IMPROVEMENT ACT (FFMIA) AND TO REFLECT UPDATED FINANCIAL MANAGEMENT POLICIES
Agency:
Office of Management and Budget (OMB)
Priority:
Substantive, Nonsignificant
Legal Authority:
31 USC 503 et seq, Chief Financial Officer's Act of 1990; PL 104-208, Federal Financial Management Improvement Act of 1996; 31 USC 3111
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
Not Yet Determined
Legal Deadline:
None
Abstract:
The Federal Financial Management Improvement Act (FFMIA) of 1996 requires that financial management systems at each Federal agency covered by the CFOs Act, substantially comply with Federal financial management systems requirements, applicable Federal accounting standards, and the U.S. Government Standard General Ledger at the transaction level. The revisions are to incorporate this and other policy updates since the 1993 issuance of the last revision to A-127.
| Action | Date | FR Cite |
| Proposed Revision | 10/00/02 | |
| Final Revision | 12/00/02 |
Regulatory Flexibility Analysis Required:
No
Government Levels Affected:
Federal
Federalism:
Undetermined
Agency Contact:
Jean Holcombe, Office of Federal Financial Management, Office of Management and Budget, Room 6025, NEOB, 725 17th Street NW., Washington, DC 20503
Phone: 202 395-5048
Email: jholcombe@omb.eop.gov
RIN:
0348-AB46
3340. ACCOUNTING FOR THE COST OF POST-RETIREMENT BENEFIT PLANS (HEALTH CARE)
Agency:
Office of Management and Budget (OMB)
Priority:
Substantive, Nonsignificant
Legal Authority:
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
48 CFR 99
Legal Deadline:
None
Abstract:
The cost accounting standards board is proposing a new standard that provides criteria for measuring the costs of post-retirement benefit plans, assigning the measured costs to cost accounting periods, and allocating the assigned costs to segments of an organization.
| Action | Date | FR Cite |
| ANPRM | 10/05/00 | 65 FR 59504 |
| ANPRM Comment Period End | 12/19/00 | |
| NPRM | 06/00/02 |
Regulatory Flexibility Analysis Required:
No
Government Levels Affected:
None
Agency Contact:
Richard C. Loeb, Executive Secretary, Cost Accounting Standards Board, Office of Management and Budget, Room 9013, NEOB, 725 17th Street NW., Washington, DC 20503
Phone: 202 395-4550
Fax: 202 395-5105
RIN:
0348-AB54
3341. POLICIES ON MANAGEMENT OF FEDERAL INFORMATION RESOURCES (OMB CIRCULAR A-130)
Agency:
Office of Management and Budget (OMB)
Priority:
Substantive, Nonsignificant
Legal Authority:
PL 104-106
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
Not Yet Determined
Legal Deadline:
None
Abstract:
OMB Circular A-130 establishes policy for the management of Federal information resources, and includes procedural and analytic guidelines for implementing aspects of these policies as appendices. OMB is reviewing the Circular for consistency with the Government Information Security Reform Act.
| Action | Date | FR Cite |
| Proposed Revision | 09/00/02 | |
| Final Revision | 03/00/03 |
Regulatory Flexibility Analysis Required:
No
Government Levels Affected:
None
Agency Contact:
Kamela White, Policy Analyst, Office of Management and Budget, Room 10236, NEOB, 725 17th Street NW., Washington, DC 20503
Phone: 202 395-3785
Fax: 202 395-5167
Email: kgwhite@omb.eop.gov
RIN:
0348-AB55
3342. FEDERAL PARTICIPATION IN THE DEVELOPMENT AND USE OF VOLUNTEER CONSENSUS STANDARDS AND IN CONFORMITY ASSESSMENT ACTIVITIES (OMB CIRCULAR A-119)
Agency:
Office of Management and Budget (OMB)
Priority:
Substantive, Nonsignificant
Legal Authority:
31 USC 1111; PL 104-113
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
Not Yet Determined
Legal Deadline:
None
Abstract:
OMB Circular A-119, "Federal Participation in the Development and Use of Voluntary Consensus Standards," contains reporting requirements regarding agency use of government-unique standards and voluntary consensus standards along with agency participation in voluntary consensus standards bodies. The Circular instructs agencies to use voluntary consensus standards in lieu of government-unique standards in their procurement and regulatory activities, except where inconsistent with law or otherwise impractical. Language in A-119 calls on OMB to review the Circular for effectiveness three years from the date of issuance (February 1998).
| Action | Date | FR Cite |
| Proposed Revision | 12/00/04 | |
| Final Revision | 04/00/05 |
Regulatory Flexibility Analysis Required:
No
Government Levels Affected:
None
Agency Contact:
Kamela White, Policy Analyst, Office of Management and Budget, Room 10236, NEOB, 725 17th Street NW., Washington, DC 20503
Phone: 202 395-3785
Fax: 202 395-5167
Email: kgwhite@omb.eop.gov
RIN:
0348-AB53
3343. ¤ REGULATIONS FOR AIR CARRIER GUARANTEE LOAN PROGRAM
Agency:
Office of Management and Budget (OMB)
Priority:
Economically Significant. Major under 5 USC 801.
Legal Authority:
PL 107-42 sec 182(c)(2)(B)
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
14 CFR 1300
Legal Deadline:
Final, Statutory, October 5, 2001, 14 days from enactment of PL 107-42 (09/22/2001).
Abstract:
The rule establishes the application and minimum requirements that will apply to up to $10 billion in loan guarantees (or other Federal credit investments) to air carriers to compensate them for the losses they incurred as a result of the terrorist attacks on the United States that occurred September 11, 2001.
| Action | Date | FR Cite |
| Final Rule | 10/12/01 | 66 FR 52269 |
Regulatory Flexibility Analysis Required:
No
Small Entities Affected:
Businesses
Government Levels Affected:
None
Agency Contact:
Clare Doherty, Office of Management and Budget
Phone: 202 395-5704
RIN:
0348-AB56