[Federal Register Volume 68, Number 205 (Thursday, October 23, 2003)]
[Notices]
[Page 60689]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-26725]


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FEDERAL ACCOUNTING STANDARDS ADVISORY BOARD


Notice of New Exposure Draft Identifying and Reporting on 
Earmarked Funds

AGENCY: Federal Accounting Standards Advisory Board.
    Board Action: Pursuant to the Federal Advisory Committee Act (Pub. 
L. No. 92-463), as amended, section 10(a)(2), and the FASAB Rules Of 
Procedure, as amended in October, 1999, notice is hereby given that the 
Federal Accounting Standards Advisory Board has published a new 
exposure draft, Identifying and Reporting on Earmarked Funds.
    A summary of the proposed Statements follows: The proposed standard 
defines earmarked funds as being financed by statutorily dedicated 
revenues, often supplemented by other financing sources, which remain 
available over time. These dedicated revenues and other financing 
sources are required by statute to be used for designated activities, 
benefits or purposes, and must be accounted for separately from the 
Government's general revenues.
    Respondents are encouraged to comment on any part of the exposure 
drafts. Written comments are requested by December 17, 2003, and should 
be sent to: Wendy M. Comes, Executive Director, Federal Accounting 
Standards Advisory Board, 441 G Street, NW, Suite 6814, Washington, DC 
20548.
    Copies of the Exposure Drafts can be obtained by contacting FASAB 
at 202-512-7350. Additionally, the Exposure Drafts will be available on 
FASAB's Home page http://www.fasab.gov/.

FOR FURTHER INFORMATION CONTACT: Wendy Comes, Executive Director, 441 G 
St., NW, Mail Stop 6K17V, Washington, DC 20548, or call (202) 512-7350.

    Authority: Federal Advisory Committee Act. Pub. L. No. 92-463.

    Dated: October 16, 2003.
Wendy M. Comes,
Executive Director.
[FR Doc. 03-26725 Filed 10-22-03; 8:45 am]
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