Wednesday,

January 12, 2005

Part V

General Services
Administration
41 CFR Part 102–42
Federal Management Regulation; Change
in Consumer Price Index Minimal Value;
Final Rule

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 2318 Federal Register / Vol. 70, No. 8 / Wednesday, January 12, 2005 / Rules and Regulations
GENERAL SERVICES
ADMINISTRATION
41 CFR Part 102–42
[FMR Amendment 2005–1; FMR Case 2004–
102–8]
RIN 3090–AI02
Federal Management Regulation;
Change in Consumer Price Index
Minimal Value
AGENCY: Office of Governmentwide
Policy, General Services Administration
(GSA).
ACTION: Final rule.
SUMMARY: Public Law 95–105 requires
that at 3-year intervals following
January 1, 1981, minimal value for
reporting 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 $305 or less as
of January 1, 2005.
DATES: Effective Date: This final rule is
effective January 1, 2005.
FOR FURTHER INFORMATION CONTACT: The
Regulatory Secretariat, Room 4035, GS
Building, Washington, DC, 20405, (202)
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208–7312, for information pertaining to
status or publication schedules. For
clarification of content, contact Mr.
Robert Holcombe, Director, Personal
Property Management Policy Division at
(202) 501–3828. Please cite FMR case
2004–102–8, Amendment 2005–1.
SUPPLEMENTARY INFORMATION:
A. Executive Order 12866
The General Services Administration
(GSA) has determined that this final
rule is not a significant regulatory action
for the purposes of Executive Order
12866.
B. Regulatory Flexibility Act
This final rule is not required to be
published in the Federal Register for
comment. Therefore, the Regulatory
Flexibility Act does not apply.
C. Paperwork Reduction Act
The Paperwork Reduction Act does
not apply because the changes to the
FMR do not impose information
collection requirements that require the
approval of the Office of Management
and Budget under 44 U.S.C. 3501, et
seq.
D. Small Business Regulatory
Enforcement Fairness Act
This final rule is exempt from
Congressional review under 5 U.S.C.
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801 since it relates solely to agency
management and personnel.
List of Subjects in 41 CFR Part 102–42
Excess government property,
Government property management.
Dated: January 6, 2005.
Stephen A. Perry,
Administrator of General Services.
■ For the reasons set forth in the
preamble, GSA amends 41 CFR part 102–
42 as set forth below:
PART 102–42—UTILIZATION,
DONATION, AND DISPOSAL OF
FOREIGN GIFTS AND DECORATIONS
■ 1. The authority citation for part 102–
42 is revised to read as follows:
Authority: 40 U.S.C. 121; 5 U.S.C. 7342.
§ 102–42.10 [Amended]
■ 2. Section 102–42.10 is amended in the
introductory text of the definition
Minimal value by removing ‘‘$85’’ and
adding ‘‘$305’’ in its place, and removing
the colon and adding an em dash in its
place.
[FR Doc. 05–596 Filed 1–11–05; 8:45 am]
BILLING CODE 6820–14–S
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