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[Federal Register Volume 86, Number 60 (Wednesday, March 31, 2021)]
[Proposed Rules]
[Pages 16966-16967]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-04349]

[[Page 16965]]

Vol. 86

Wednesday,

No. 60

March 31, 2021

Part XVII

Office of Management and Budget

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Semiannual Regulatory Agenda

Federal Register / Vol. 86 , No. 60 / Wednesday, March 31, 2021 / UA: 
Reg Flex Agenda

[[Page 16966]]

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OFFICE OF MANAGEMENT AND BUDGET

2 CFR Chapters 1 and 2

48 CFR Chapter 99

Federal Regulations, Guidance, OFPP Policy Letters, and CASB Cost 
Accounting Standards Included in the Semiannual Agenda of Federal 
Activities

AGENCY: Office of Management and Budget.

ACTION: Semiannual regulatory agenda.

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SUMMARY: The Office of Management and Budget (OMB) is publishing its 
semiannual agenda of upcoming activities for Federal regulations, OMB 
Guidance, Office of Federal Procurement Policy (OFPP) Policy Letters, 
and Cost Accounting Standards (CAS) Board Cost Accounting Standards.
    OMB Guidance and OFPP Policy Letters are published in accordance 
with OMB's internal procedures for implementing Executive Order 12866 
(58 FR 51735 (Oct. 4, 1993)). OMB policy guidelines are issued under 
authority derived from several sources, including: Subtitles I, II, and 
V of title 31, U.S. Code; Executive Order 11541; and other specific 
authority as cited. OMB Guidance and OFPP Policy Letters communicate 
guidance and instructions of a continuing nature to executive branch 
agencies. As such, most OMB Guidance and OFPP Policy Letters are not 
regulations. Nonetheless, because these issuances are typically of 
interest to the public, they are generally published in the Federal 
Register at both the proposed (for public comment) and final stages. 
For this reason, they are presented below in the standard format of 
``pre-rule,'' ``proposed rule,'' and ``final rule'' stages.
    CASB Cost Accounting Standards are issued under authority derived 
from 41 U.S.C. 1501 et seq. Cost Accounting Standards are rules 
governing the measurement, assignment, and allocation of costs to 
contracts entered into 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, as well as directives that affect only 
the internal functions, management, or personnel of Federal agencies.

FOR FURTHER INFORMATION CONTACT: See the agency contact person listed 
for each entry in the agenda, c/o Office of Management and Budget, 
Washington, DC 20503. On the overall agenda, contact Laura Dennehy, 
(202) 579-6597, at the above address.

Deidre A. Harrison,
Acting Deputy Controller, Office of Management and Budget.

            Office of Management and Budget--Final Rule Stage
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                                                           Regulation
       Sequence No.                    Title             Identifier No.
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338.......................  Federal Acquisition                0348-AB83
                             Security Council
                             Implementing Regulation.
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           Office of Management and Budget--Completed Actions
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                                                           Regulation
       Sequence No.                    Title             Identifier No.
------------------------------------------------------------------------
339.......................  2 CFR Changes to Address           0348-AB76
                             Statutory and/or
                             Regulatory Needs.
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OFFICE OF MANAGEMENT AND BUDGET (OMB)

Final Rule Stage

338. Federal Acquisition Security Council Implementing Regulation

    E.O. 13771 Designation: Other.
    Legal Authority: Pub. L. 115-390 sec. 202(c)
    Abstract: This interim final rule will implement subchapter III of 
chapter 13 of title 41, United States Code. Subchapter III creates the 
Federal Acquisition Security Council, and identifies a number of 
functions to be performed by the Council. The FASC is chaired by a 
designated OMB Senior-Level official, and Public Law 115-390 requires 
that the FASC publish an interim final rule to implement these 
functions.
    Timetable:

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               Action                    Date            FR Cite
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Interim Final Rule..................   09/01/20  85 FR 54263
Interim Final Rule Effective........   09/01/20
Interim Final Rule Comment Period      11/02/20
 End.
Final Rule..........................   12/00/20
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    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Steven McAndrews, Office of Management and Budget, 
Phone: 202 881-7145, Email: [email protected].
    Lisa Barr, Office of Management and Budget, Phone: 202 881-6798, 
Email: [email protected].
    RIN: 0348-AB83

OFFICE OF MANAGEMENT AND BUDGET (OMB)

Completed Actions

339. 2 CFR Changes To Address Statutory and/or Regulatory Needs

    E.O. 13771 Designation: Not subject to, not significant.
    Legal Authority: 31 U.S.C. 503
    Abstract: The Office of Management and Budget will pursue proposed 
rulemaking to revise parts of title 2 of the Code of Federal 
Regulations (2 CFR) Subtitle A--OMB Guidance for Grants and Agreements 
(Guidance). The Guidance is scheduled for review every five years after 
December 26, 2013, per 2 CFR (200.109 Review date). The intent of the 
proposed revisions are to address burden reduction for recipients, fix 
inconsistent terminology, resolve conflict within areas of 2 CFR, 
incorporate the President's Management Agenda, and address statutes 
enacted since the final guidance was issued.

[[Page 16967]]

    Timetable:

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               Action                    Date            FR Cite
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NPRM................................   01/22/20  85 FR 3766
NPRM Comment Period End.............   03/23/20
Final Rule..........................   08/13/20  85 FR 49506
Final Rule Effective................   11/12/20
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    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Nicole Waldeck, Senior Policy Analyst, Office of 
Management and Budget, 725 17th Street NW, Washington, DC 20006, Phone: 
202 395-3819, Email: [email protected].
    RIN: 0348-AB76

[FR Doc. 2021-04349 Filed 3-30-21; 8:45 am]
BILLING CODE 3110-01-P
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