[Federal Register Volume 70, Number 8 (Wednesday, January 12, 2005)]
[Rules and Regulations]
[Page 2318]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-596]



[[Page 2317]]

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Part V





General Services Administration





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41 CFR Part 102-42



Federal Management Regulation; Change in Consumer Price Index Minimal 
Value; Final Rule

  Federal Register / Vol. 70, No. 8 / Wednesday, January 12, 2005 / 
Rules and Regulations  

[[Page 2318]]


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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.

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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) 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. 
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.

0
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

0
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.


Sec.  102-42.10  [Amended]

0
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