Source: https://www.federalregister.gov/documents/2013/10/02/2013-24133/regulatory-reorganization-administrative-changes-to-regulations-due-to-the-consolidation-of-the
Timestamp: 2018-03-18 19:52:56
Document Index: 666344841

Matched Legal Cases: ['art 202', 'art 203', 'art 205', 'art 206', 'art 211', 'art 212', 'art 215', 'art 223', 'art 224', 'art 225', 'art 226', 'art 235', 'art 240', 'art 245', 'art 248', 'art 250', 'art 256', 'art 270', 'art 281', 'art 285', 'art 306', 'art 308', 'art 309', 'art 312', 'art 316', 'art 323', 'art 328', 'art 330', 'art 332', 'art 337', 'art 339', 'art 340', 'art 341', 'art 342', 'art 343', 'art 344', 'art 345', 'art 346', 'art 348', 'art 354', 'art 355', 'art 361', 'art 362', 'art 370', 'art 375', 'art 380', 'art 391', 'arts 200', 'arts 306', 'arts 200', 'arts 202', 'arts 306', 'arts 306']

Federal Register :: Regulatory Reorganization; Administrative Changes to Regulations Due to the Consolidation of the Financial Management Service and the Bureau of the Public Debt Into the Bureau of the Fiscal Service
Regulatory Reorganization; Administrative Changes to Regulations Due to the Consolidation of the Financial Management Service and the Bureau of the Public Debt Into the Bureau of the Fiscal Service
A Rule by the Fiscal Service and the Bureau of the Fiscal Service on 10/02/2013
78 FR 60695
1510-AB31
2013-24133
II. Reorganization of, and Administrative Changes to, Title 31 CFR
31 CFR Part 202
31 CFR Part 203
31 CFR Part 205
31 CFR Part 206
31 CFR Part 211
31 CFR Part 212
31 CFR Part 215
31 CFR Part 223
31 CFR Part 224
31 CFR Part 225
31 CFR Part 226
31 CFR Part 235
31 CFR Part 240
31 CFR Part 245
31 CFR Part 248
31 CFR Part 250
31 CFR Part 256
31 CFR Part 270
31 CFR Part 281
31 CFR Part 285
31 CFR Part 306
31 CFR Part 308
31 CFR Part 309
31 CFR Part 312
31 CFR Part 316
31 CFR Part 323
31 CFR Part 328
31 CFR Part 330
31 CFR Part 332
31 CFR Part 337
31 CFR Part 339
31 CFR Part 340
31 CFR Part 341
31 CFR Part 342
31 CFR Part 343
31 CFR Part 344
31 CFR Part 345
31 CFR Part 346
31 CFR Part 348
31 CFR Part 354
31 CFR Part 355
31 CFR Part 361
31 CFR Part 362
31 CFR Part 370
31 CFR Part 375
31 CFR Part 380
31 CFR Part 391
SUBCHAPTER B—[REMOVED AND RESERVED]
https://www.federalregister.gov/d/2013-24133 https://www.federalregister.gov/d/2013-24133
Elisha Garvey, Attorney-Advisor, 202-504-3715 or elisha.garvey@bpd.treas.gov; or Frank Supik, Senior Counsel, 202-874-6638 or frank.supik@fms.treas.gov.
End Further Info End Preamble Start Supplemental Information Start Printed Page 60696
On October 7, 2012, the Secretary of the Treasury issued Treasury Order 136-01. The Department published the Order in the Federal Register at 78 FR 31629 on May 24, 2013. The Order consolidated and redesignated the bureaus formerly known as BPD and FMS into a new entity, the Bureau of the Fiscal Service. The Order delegates to the Commissioner, Bureau of the Fiscal Service, the authority that was previously delegated to the Commissioner of the Public Debt and the Commissioner, Financial Management Service. The Order also provides for the continuation of all administrative actions of BPD and FMS in effect on October 7, 2012. Treasury Order 136-01 provides that the Commissioner, Bureau of the Fiscal Service, has all authorities, functions, and duties delegated to the Commissioner of the Public Debt and the Commissioner, FMS, in effect on October 7, 2012 and any other authorities, functions, and duties assigned by the Secretary or his designee.
Title 31, Code of Federal Regulations (31 CFR), Subtitle B (Regulations Relating to Money and Finance (Continued), Chapter II (Fiscal Service, Department of the Treasury) currently contains two subchapters: 1) “Subchapter A—Financial Management Service”; and 2) “Subchapter B—Bureau of the Public Debt.”
Treasury Order 136-01 consolidated the two bureaus into one newly-established bureau. Accordingly, this final rule reorganizes 31 CFR, Subtitle B, Chapter II, into one subchapter. The current subchapter A will be retitled “Subchapter A—Bureau of the Fiscal Service.” The new subchapter A will contain current subchapter A's existing parts 200-285 and current subchapter B's existing parts 306-391. Since current subchapter B's regulations will be moved to new subchapter A, subchapter B will be removed and reserved.
This final rule does not make any changes to the current requirements of the regulations in 31 CFR Subtitle B, Chapter II, Subchapters A and B. It merely consolidates the regulations of the bureaus formerly known as FMS and BPD into one subchapter to apply to the Fiscal Service. The rule does not renumber or rename any existing parts of 31 CFR Parts 200-391. This rule makes some changes to agency names and Web sites to conform to the name of the new bureau.
Pursuant to the Administrative Procedure Act (APA) at 5 U.S.C. 553(b)(3)(B), notice and comment are not required prior to the issuance of a final rule if an agency, for good cause, finds that “notice and public procedure thereon are impracticable, unnecessary, or contrary to the public interest.”
This final rule merely makes technical or conforming nonsubstantive amendments to the regulations to reflect the Order, which: (1) established the Fiscal Service; and (2) consolidated FMS and BPD into the Fiscal Service. In addition, this final rule improves the organization of the Fiscal Service's regulations. It makes no substantive changes and does not change or impose additional requirements that necessitate adjustments by entities subject to the Fiscal Service's regulations. Instead, it merely repromulgates existing regulations. Moreover, to the extent that the final rule updates regulations to reflect the bureau's name and contact information, it will help reduce confusion regarding the correct entity to contact.
Therefore, the Fiscal Service has concluded that advance notice and comment under the APA is unnecessary and not in the public interest.
Because this final rule is not required to be preceded by a notice of proposed rulemaking under the Administrative Procedure Act (5 U.S.C. 553), the provisions of the Regulatory Flexibility Act (5 U.S.C. 601 et seq.) do not apply.
This final rule is not a significant regulatory action as defined in Executive Order 12866. Accordingly, this final rule is not subject to the analysis required by the Executive Order.
This final rule is effective on October 2, 2013. A final rule may be published with an immediate effective date if an agency finds good cause and publishes such with the final rule.[1] The purpose of a delayed effective date is to allow regulated entities to comply with new requirements. As described above, the final rule makes nonsubstantive, technical changes and does not require entities to make substantive changes to their behavior in a substantive manner. Therefore, the Fiscal Service finds good cause under 5 U.S.C. 553(d) to dispense with a delayed effective date.
The Fiscal Service amends chapter II of title 31, subtitle B, of the Code of Federal Regulations as follows:
1. Revise the heading of 31 CFR chapter II, subchapter A, to read as set forth above.
2. Amend parts 202-285 as follows:
a. Remove all references to “Financial Management Service” and add, in their place, “Bureau of the Fiscal Service”.
b. Remove all references to “FMS” and add, in their place, “Fiscal Service”.
c. Remove all references to “
3. Transfer parts 306, 308-309, 312, 315-317, 321, 323, 328, 330, 332, 337, 339-346, 348, 351-363, 370, 375, 380 and 391 from subchapter B to subchapter A.
4. Amend parts 306-391 as follows:
a. Remove all references to “Bureau of the Public Debt” and add, in their place, “Bureau of the Fiscal Service”.
b. Remove all references to “BPD” and “Public Debt” and add, in their place, “Fiscal Service”.
5. Remove and reserve 31 CFR chapter II, subchapter B.
1. 5 U.S.C. 553(d)(3).
[FR Doc. 2013-24133 Filed 10-1-13; 8:45 am]