[Unified Agenda of Federal Regulatory and Deregulatory Actions]
[Office of Management and Budget Semiannual Regulatory Agenda]
[From the U.S. Government Printing Office, www.gpo.gov]


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Part XXXVI





Office of Management and Budget





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Semiannual Regulatory Agenda

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OFFICE OF MANAGEMENT AND BUDGET (OMB)                                  


  



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OFFICE OF MANAGEMENT AND BUDGET

5 CFR Ch. III and 48 CFR Ch. 01

Federal Regulations; OMB Circulars, OFPP Policy Letters, and CASB Cost 
Accounting Standards Included in the Semiannual Agenda of Federal 
Activities

AGENCY:  Office of Management and Budget.

ACTION:  Semiannual regulatory agenda.

_______________________________________________________________________

SUMMARY:  The Office of Management and Budget (OMB) is publishing its 
semiannual agenda of upcoming activities for OMB Circulars, Office of 
Federal Procurement Policy (OFPP) Policy Letters, and Cost Accounting 
Standards Board (CASB) Cost Accounting Standards.

     OMB Circulars and OFPP Policy Letters are published in 
accordance with OMB's internal procedures for implementing 
Executive Order 12866 (October 4, 1993, 58 FR 51735). OMB Policy 
guidelines are issued under authority derived from several sources 
including: subtitles I, II, and V of title 31, United States Code; 
Executive Order 11541; and other specific authority as cited. OMB 
Circulars and OFPP Policy Letters communicate guidance, and 
instructions of a continuing nature to executive branch agencies. 
As such, most OMB Circulars and OFPP Policy Letters are not 
regulations. Nonetheless, because these issuances are typically of 
public interest, they are generally published in the Federal 
Register in both proposed (for public comment) and final stages. 
For this reason, they are presented below in the standard format of 
``prerule,'' ``proposed rule,'' and ``final rule'' stages.

     CASB Cost Accounting Standards are issued under authority 
derived from 41 U.S.C. 422. Cost Accounting Standards are rules 
governing the measurement, assignment, and allocation of costs to 
contracts with the United States Government.

     For purposes of this agenda, we have excluded directives that 
outline procedures to be followed in connection with the 
President's budget and legislative programs and directives that 
affect only the internal functions, management, or personnel of 
Federal agencies.

FOR FURTHER INFORMATION CONTACT:  See agency person listed for each 
entry in the agenda, c/o Office of Management and Budget, Washington, 
DC 20503. On the overall agenda, contact Stephen A. Weigler, (202) 395-
3060 at the above address.

Dated:  March 12, 2001.

 Stephen A. Weigler,

Deputy Assistant Director for Administration.

                              Office of Management and Budget--Proposed Rule Stage
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                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
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3761        Revision of OMB Circular A-127 To Implement the Federal Financial Management             0348-AB46
            Improvement Act (FFMIA) and To Reflect Updated Financial Management Policies........
3762        Guidance on Agency Responsibilities on Data Quality.................................     0348-AB52
3763        Federal Participation in the Development and Use of Volunteer Consensus Standards        0348-AB53
            and in Conformity Assessment Activities (OMB Circular A-119)........................
3764        Accounting for the Cost of Post-Retirement Benefit Plans (Health Care)..............     0348-AB54
3765        Policies on Management of Federal Information Resources (OMB Circular A-130)........     0348-AB55
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                               Office of Management and Budget--Completed Actions
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                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
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3766        Subcontracting Plans................................................................     0348-AB31
3767        Policies on Management of Federal Information Resources (OMB Circular A-130)........     0348-AB36
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OFFICE OF MANAGEMENT AND BUDGET (OMB)               Proposed Rule Stage


  



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3761. REVISION OF OMB CIRCULAR A-127 TO IMPLEMENT THE FEDERAL FINANCIAL 
MANAGEMENT IMPROVEMENT ACT (FFMIA) AND TO REFLECT UPDATED FINANCIAL 
MANAGEMENT POLICIES

Priority: Substantive, Nonsignificant

Legal Authority: 31 USC 503 et seq, Chief Financial Officer's Act of 
1990; PL 104-208, Federal Financial Management Improvement Act of 1996; 
31 USC 3111

CFR Citation: Not Yet Determined

Legal Deadline: None

Abstract: The Federal Financial Management Improvement Act (FFMIA) of 
1996 requires that financial management systems at each Federal agency 
covered by the CFOs Act, substantially comply with Federal financial 
management systems requirements, applicable Federal accounting 
standards, and the U.S. Government Standard General Ledger at the 
transaction level. The revisions are to incorporate this and other 
policy updates since the 1993 issuance of the last revision to A-127.

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Timetable:
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Action                            Date                      FR Cite

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Proposed Revision               09/00/01
Final Revision                  12/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: Federal

Federalism:  Undetermined

Agency Contact: Jean Holcombe, Office of Federal Financial Management, 
Office of Management and Budget, Room 6025, NEOB, 725 17th Street NW, 
Washington, DC 20503
Phone: 202 395-5048
Email: [email protected]

RIN: 0348-AB46
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3762.  GUIDANCE ON AGENCY RESPONSIBILITIES ON DATA QUALITY

Priority: Substantive, Nonsignificant

Legal Authority: HR 4577, Treasury/General Government Appropriations 
Act of 2001

CFR Citation: None

Legal Deadline: Final, Statutory, September 30, 2001.

Abstract: OMB's appropriation language for FY 2001 requires OMB to 
issue policy and procedural guidance to Federal agencies for ensuring 
and maximizing the quality, utility and integrity of information 
(including statistical information) disseminated by the Federal 
government in fulfillment of the Paperwork Reduction Act.

Timetable:
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Action                            Date                      FR Cite

________________________________________________________________________

Proposed Action                 05/00/01
Final Action                    09/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: Governmental Jurisdictions

Government Levels Affected: Federal

Federalism:  Undetermined

Agency Contact: Brooke J. Dickson, Policy Analyst, Office of Management 
and Budget, Room 10236, New Executive Office Building, Washington, DC 
20503
Phone: 202 395-3191
Email: [email protected]

RIN: 0348-AB52
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3763.  FEDERAL PARTICIPATION IN THE DEVELOPMENT AND USE OF 
VOLUNTEER CONSENSUS STANDARDS AND IN CONFORMITY ASSESSMENT ACTIVITIES 
(OMB CIRCULAR A-119)

Priority: Substantive, Nonsignificant

Legal Authority: 31 USC 1111; PL 104-113

CFR Citation: Not Yet Determined

Legal Deadline: None

Abstract: OMB Circular A-119, ``Federal Participation in the 
Development and Use of Voluntary Consensus Standards,'' contains 
reporting requirements regarding agency use of government-unique 
standards and voluntary consensus standards along with agency 
participation in voluntary consensus standards bodies. The Circular 
instructs agencies to use voluntary consensus standards in lieu of 
government-unique standards in their procurement and regulatory 
activities, except where inconsistent with law or otherwise 
impractical. Language in A-119 calls on OMB to review the Circular for 
effectiveness 3 years from the date of issuance (February 1998).

Timetable:
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Action                            Date                      FR Cite

________________________________________________________________________

Proposed Revision               08/00/01
Final Revision                  10/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Kamela White, Policy Analyst, Office of Management and 
Budget
Phone: 202 395-3630
Fax: 202 395-5167
Email: [email protected]

RIN: 0348-AB53
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3764.  ACCOUNTING FOR THE COST OF POST-RETIREMENT BENEFIT PLANS 
(HEALTH CARE)

Priority: Substantive, Nonsignificant

Legal Authority: 41 USC 422

CFR Citation: 48 CFR 99

Legal Deadline: None

Abstract: The cost accounting standards board is proposing a new 
standard that provides criteria for measuring the costs of post-
retirement benefit plans, assigning the measured costs to cost 
accounting periods, and allocating the assigned costs to segments of an 
organization.

Timetable:
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Action                            Date                      FR Cite

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ANPRM                           10/05/00                    65 FR 59504
ANPRM Comment Period End        12/19/00
NPRM                            11/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Procurement: This is a procurement-related action for which there is no 
statutory requirement. The agency has not yet determined whether there 
is a paperwork burden associated with this action.

Agency Contact: Richard C. Loeb, Executive Secretary, Cost Accounting 
Standards Board, Office of Management and Budget, Room 9013, NEOB, 725 
17th Street NW., Washington, DC 20503
Phone: 202 395-4550
Fax: 202 395-5105

RIN: 0348-AB54
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3765.  POLICIES ON MANAGEMENT OF FEDERAL INFORMATION RESOURCES 
(OMB CIRCULAR A-130)

Priority: Substantive, Nonsignificant

Legal Authority: PL 104-106

CFR Citation: Not Yet Determined

Legal Deadline: None

Abstract: OMB Circular A-130 establishes policy for the management of 
Federal information resources, and includes procedural and analytic 
guidelines for implementing aspects of these policies as appendices. 
OMB is reviewing the Circular for consistency with the Government 
Information Security Reform Act, and revising sections on Information 
Policy and Privacy.

Timetable:
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Action                            Date                      FR Cite

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Proposed Revision               07/00/01
Final Revision                  10/00/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Tony Frater, Policy Analyst, Office of Management and 
Budget, Room 10236, NEOB, 725 17th Street NW., Washington, DC 20503
Phone: 202 395-3785

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Fax: 202 395-5167
Email: [email protected]

RIN: 0348-AB55
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OFFICE OF MANAGEMENT AND BUDGET (OMB)                 Completed Actions


  



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3766. SUBCONTRACTING PLANS

Priority: Substantive, Nonsignificant

Legal Authority: 15 USC 637(d); PL 103-355, sec 1091; 41 USC 405

CFR Citation: 48 CFR 19.7

Legal Deadline: None

Abstract: OFPP proposes to issue a Final Policy Letter that covers 
subcontracting plans. This Policy Letter supersedes and cancels OFPP 
Policy Letter 80-1, 80-2, Supplement No. 1 to 80-2, and 80-4.

Timetable:
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Action                            Date                      FR Cite

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Proposed Policy Letter          09/26/95                    60 FR 49644
Second Proposed Policy Letter   04/02/99                    64 FR 16001
Withdrawn                       03/16/01

Regulatory Flexibility Analysis Required: Yes

Small Entities Affected: Businesses, Governmental Jurisdictions, 
Organizations

Government Levels Affected: None

Procurement: This is a procurement-related action for which there is a 
statutory requirement. There is no paperwork burden associated with 
this action.

Agency Contact: Michael Gerich, Deputy Associate Administrator, Office 
of Management and Budget, Office of Federal Procurement Policy, 
Washington, DC 20503
Phone: 202 395-6811
Fax: 202 395-5105

RIN: 0348-AB31
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3767. POLICIES ON MANAGEMENT OF FEDERAL INFORMATION RESOURCES (OMB 
CIRCULAR A-130)

Priority: Substantive, Nonsignificant

Legal Authority: PL 104-106

CFR Citation: None

Legal Deadline: None

Abstract: OMB Circular A-130, Management of Federal Information 
Resources, establishes policies for the management of Federal 
information resources and provides certain procedures and analytical 
guidelines for implementing specific aspects of these policies. OMB is 
reviewing the Circular for consistency with the Information Technology 
Management Reform Act (ITMRA) of 1996, Public Law 104-106. This 
proposed revision is consistent with the National Performance Reviews 
reinventing government efforts.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Proposed Revision               04/13/00                    65 FR 19933
Final Revision                  12/12/00                    65 FR 77677

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Tony Frater, Policy Analyst, Office of Management and 
Budget, Room 10236, NEOB, 725 17th Street NW., Washington, DC 20503
Phone: 202 395-3785
Fax: 202 395-5167
Email: [email protected]

RIN: 0348-AB36
[FR Doc. 01-7883 Filed 05-11-01; 8:45 am]
BILLING CODE 3110-01-S
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