[Federal Register Volume 85, Number 52 (Tuesday, March 17, 2020)]
[Page 15184]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-05375]

[[Page 15184]]



[Notice-MA-2020-02; Docket No. 2020-0002; Sequence No. 9]

Revision to Foreign Gift Minimal Value

AGENCY: Office of Government-wide Policy (OGP), General Services 
Administration (GSA).

ACTION: Notice of GSA Bulletin FMR B-50, Foreign Gift and Decoration 
Minimal Value.


SUMMARY: GSA, in consultation with the U.S. Department of State, must 
redefine the minimal value of foreign gift items to reflect changes in 
the Consumer Price Index (CPI) for the preceding 3-year period, as 
specified under the law concerning the Receipt and Disposition of 
Foreign Gifts and Decorations. The minimal value was last defined 
effective January 1, 2017, and must be redefined effective as of 
January 1, 2020.
    This bulletin cancels FMR Bulletin B-41, ``Foreign Gift and 
Decoration Minimal Value,'' issued January 12, 2017, as this bulletin 
provides updated information on the same topic.

DATES: Applicability Date: January 1, 2020.
    This notice applies to foreign gifts and decorations received on or 
after January 1, 2020.

FOR FURTHER INFORMATION CONTACT: For clarification of content, contact 
Mr. William Garrett, Director, Personal Property Policy, Office of 
Government-wide Policy, Office of Asset and Transportation Management, 
at 202-368-8163, or by email at [email protected]. Please cite 
Notice of GSA Bulletin FMR B-50.



    Foreign gifts and decorations above the GSA-defined minimal value 
are handled differently than lesser-valued foreign gifts and 
decorations under the provisions of 5 U.S.C. 7342 and FMR Sec.  102-42.
    Foreign gifts and decorations above the minimal value become the 
property of the Federal Government and must be reported to GSA for 
disposal if not immediately needed by the agency for official purposes. 
Additionally, those items initially retained by the agencies for 
official use are reported to GSA upon termination of official use.
    The foreign gifts and decorations minimal value was last redefined 
effective January 1, 2017, at $390, and therefore, must be redefined as 
of January 1, 2020, to reflect the CPI increase of 6.35 percent for the 
preceding three years.
    Pursuant to FMR Sec.  102-42.10, the approved revised minimal value 
will be published in an FMR Bulletin posted on OGP's website 
    Calculations using the consumer prices over the past three years 
show that the minimal value must increase 6.35 percent from its current 
$390, which yields an amount of $414.77. As in previous years, GSA is 
rounding the amount to the nearest five dollar increments.
    Therefore, GSA is adjusting the new minimal value to $415.00. Per 
FMR Sec.  102-42.10, an agency may, by regulation, specify a lower 
value than this Government-wide value for its agency employees.

Jessica Salmoiraghi,
Associate Administrator, Office of Government-wide Policy.
[FR Doc. 2020-05375 Filed 3-16-20; 8:45 am]