[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]


-----------------------------------------------------------------------

Part XXXVI





Office of Management and Budget





-----------------------------------------------------------------------



Semiannual Regulatory Agenda

[[Page 38386]]



OFFICE OF MANAGEMENT AND BUDGET (OMB)






_______________________________________________________________________

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 U.S. 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-
4855, at the above address.

 Stephen A. Weigler,

Deputy Assistant Director for Administration.

                                 Office of Management and Budget--Prerule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation
 Sequence                                           Title                                            Identifier
  Number                                                                                               Number
----------------------------------------------------------------------------------------------------------------
3577        Accounting for the Cost of Employee Stock Ownership Plans.............................    0348-AB57
----------------------------------------------------------------------------------------------------------------


                              Office of Management and Budget--Proposed Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation
 Sequence                                           Title                                            Identifier
  Number                                                                                               Number
----------------------------------------------------------------------------------------------------------------
3578        Federal Participation in the Development and Use of Volunteer Consensus Standards and     0348-AB53
            in Conformity Assessment Activities (OMB Circular A-119)..............................
----------------------------------------------------------------------------------------------------------------

_______________________________________________________________________


Office of Management and Budget (OMB)                     Prerule Stage






_______________________________________________________________________




3577. ACCOUNTING FOR THE COST OF EMPLOYEE STOCK OWNERSHIP PLANS

Priority: Substantive, Nonsignificant

Legal Authority: 41 USC 422

CFR Citation: 48 CFR 99

Legal Deadline: None

Abstract: The Cost Accounting Standards Board is proposing to amend its 
standards to provide criteria for measuring and assigning the costs of 
employee stock ownership plans sponsored by Government contractors.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

ANPRM                           07/00/04
ANPRM Comment Period End        09/00/04

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

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-AB57

[[Page 38387]]

_______________________________________________________________________


Office of Management and Budget (OMB)               Proposed Rule Stage






_______________________________________________________________________




3578. 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 otherwiseimpractical. 
Language in A-119 calls on OMB to review the Circular for effectiveness 
three years from the date of issuance (February 1998).

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Proposed Revision               12/00/04
Final Revision                  04/00/05

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Jacqueline Zeiher, Policy Analyst, Office of Management 
and Budget, Room 10236, NEOB, 725 17th Street NW., Washington, DC 20503
Phone: 202 395-4638
Fax: 202 395-4638
Email: [email protected]

RIN: 0348-AB53
[FR Doc. 04-13737 Filed 06-25-04; 8:45 am]
BILLING CODE 3110-01-S