81 FR 4573 - Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards

DEPARTMENT OF THE TREASURY

Federal Register Volume 81, Issue 17 (January 27, 2016)

Page Range		4573-4573
FR Document		2016-01620

The Department of the Treasury publishes this rule to adopt as a final rule, without change, a joint interim final rule published with the Office of Management and Budget (OMB) for all federal award-making agencies that implemented guidance on Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). This rule is necessary to incorporate into regulation and thus bring into effect the Uniform Guidance as required by OMB for the Department of the Treasury.

Federal Register, Volume 81 Issue 17 (Wednesday, January 27, 2016)

[Federal Register Volume 81, Number 17 (Wednesday, January 27, 2016)]
[Rules and Regulations]
[Page 4573]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-01620]



========================================================================
Rules and Regulations
                                                Federal Register
________________________________________________________________________

This section of the FEDERAL REGISTER contains regulatory documents 
having general applicability and legal effect, most of which are keyed 
to and codified in the Code of Federal Regulations, which is published 
under 50 titles pursuant to 44 U.S.C. 1510.

The Code of Federal Regulations is sold by the Superintendent of Documents. 
Prices of new books are listed in the first FEDERAL REGISTER issue of each 
week.

========================================================================


Federal Register / Vol. 81, No. 17 / Wednesday, January 27, 2016 / 
Rules and Regulations

[[Page 4573]]



DEPARTMENT OF THE TREASURY

2 CFR Part 1000

RIN 1505-AC48


Uniform Administrative Requirements, Cost Principles, and Audit 
Requirements for Federal Awards

AGENCY: Department of the Treasury.

ACTION: Final rule.

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

SUMMARY: The Department of the Treasury publishes this rule to adopt as 
a final rule, without change, a joint interim final rule published with 
the Office of Management and Budget (OMB) for all federal award-making 
agencies that implemented guidance on Uniform Administrative 
Requirements, Cost Principles, and Audit Requirements for Federal 
Awards (Uniform Guidance). This rule is necessary to incorporate into 
regulation and thus bring into effect the Uniform Guidance as required 
by OMB for the Department of the Treasury.

DATES: Effective date: February 26, 2016.

FOR FURTHER INFORMATION CONTACT: Michael Briskin, Special Counsel to 
the Assistant General Counsel for General Law, Ethics & Regulation, 
(202) 622-0450.

SUPPLEMENTARY INFORMATION: On December 19, 2014, OMB published a 
rulemaking in the Federal Register finalizing the guidance on Uniform 
Administrative Requirements, Cost Principles, and Audit Requirements 
for Federal Awards (79 FR 75867). As a part of the same rulemaking, OMB 
issued the interim final Federal Awarding Agency Regulatory 
Implementation of Office of Management and Budget's Uniform 
Administrative Requirements, Cost Principles, and Audit Requirements 
for Federal Awards which contained a separate section for each federal 
awarding agency. Where applicable, agencies provided additional 
language beyond that included in 2 CFR part 200, consistent with their 
existing policy, to provide more detail with respect to how they intend 
to implement the policy, where appropriate. Treasury's regulations are 
contained in 2 CFR part 1000 (79 FR 76047).
    The interim final rule went into effect on December 26, 2014. The 
public comment period for the interim final rule closed on February 17, 
2015. The Department of the Treasury received no comments from members 
of the public in response to its section of the joint interim final 
rule. Accordingly, the Department adopts as a final rule without change 
the interim rule amending title 2 to add chapter X of the Code of 
Federal Regulations.

Procedural Matters

Executive Order 12866

    This regulatory action is not a ``significant regulatory action'' 
under Executive Order 12866, ``Regulatory Planning and Review,'' 58 FR 
51735 (October 4, 1993). Accordingly, this rule is not subject to 
review under the Executive Order by the Office of Information and 
Regulatory Affairs within the Office of Management and Budget.

Regulatory Flexibility Act

    The Regulatory Flexibility Act (RFA) requires an agency that is 
issuing a final rule to provide a final regulatory flexibility analysis 
or certify that the rule will not have a significant economic impact on 
a substantial number of small entities. This action is not subject to 
the RFA. The RFA applies only to rules subject to notice and comment 
rulemaking requirements under the Administrative Procedure Act (APA), 5 
U.S.C. 553, or any other statute. This rule is not subject to notice 
and comment requirements under the APA or any other statute because 
this rule pertains to grants, which the APA expressly exempts from 
notice and comment rulemaking requirements. 5 U.S.C. 553(a)(2).

Review Under Executive Order 13132

    OMB determined that the joint interim final rule does not have any 
Federalism implications, as required by Executive Order 13132.

Review Under the Unfunded Mandates Reform Act of 1995

    Section 202 of the Unfunded Mandates Reform Act of 1995 (Unfunded 
Mandates Act) (2 U.S.C. 1532) requires that covered agencies prepare a 
budgetary impact statement before promulgating a rule that includes any 
federal mandate that may result in the expenditure by state, local, and 
tribal governments, in the aggregate, or by the private sector, of $100 
million or more in any one year. If a budgetary impact statement is 
required, section 205 of the Unfunded Mandates Act also requires 
covered agencies to identify and consider a reasonable number of 
regulatory alternatives before promulgating a rule. OMB determined that 
the joint interim final rule will not result in expenditures by state, 
local, and tribal governments, or by the private sector, of $100 
million or more in any one year. Accordingly, this final rule adopting 
the interim final rule without change does not include a budgetary 
impact statement or specifically address the regulatory alternatives 
considered.

Congressional Review Act

    This action is subject to the Congressional Review Act (5 U.S.C. 
801), and the Department of the Treasury will submit a rule report to 
each House of the Congress and to the Comptroller General of the United 
States. This action is not a ``major rule'' as defined by 5 U.S.C. 
804(2).
    Accordingly, the interim rule amending title 2 to add chapter X of 
the Code of Federal Regulations, which was published at 79 FR 75867, on 
December 19, 2014, is adopted as a final rule without change.

Brodi Fontenot,
Assistant Secretary for Management, Department of the Treasury.
[FR Doc. 2016-01620 Filed 1-26-16; 8:45 am]
 BILLING CODE 4810-25-P

4573

Rules and Regulations Federal Register
Vol. 81, No. 17

Wednesday, January 27, 2016

This section of the FEDERAL REGISTER beyond that included in 2 CFR part 200, Review Under the Unfunded Mandates
contains regulatory documents having general consistent with their existing policy, to Reform Act of 1995
applicability and legal effect, most of which provide more detail with respect to how
are keyed to and codified in the Code of they intend to implement the policy, Section 202 of the Unfunded
Federal Regulations, which is published under Mandates Reform Act of 1995
50 titles pursuant to 44 U.S.C. 1510. where appropriate. Treasury’s
regulations are contained in 2 CFR part (Unfunded Mandates Act) (2 U.S.C.
The Code of Federal Regulations is sold by 1000 (79 FR 76047). 1532) requires that covered agencies
the Superintendent of Documents. Prices of prepare a budgetary impact statement
The interim final rule went into effect before promulgating a rule that includes
new books are listed in the first FEDERAL
on December 26, 2014. The public
REGISTER issue of each week. any federal mandate that may result in
comment period for the interim final
the expenditure by state, local, and
rule closed on February 17, 2015. The
tribal governments, in the aggregate, or
DEPARTMENT OF THE TREASURY Department of the Treasury received no
by the private sector, of $100 million or
comments from members of the public
more in any one year. If a budgetary
2 CFR Part 1000 in response to its section of the joint
impact statement is required, section
RIN 1505–AC48 interim final rule. Accordingly, the
205 of the Unfunded Mandates Act also
Department adopts as a final rule
requires covered agencies to identify
Uniform Administrative Requirements, without change the interim rule
and consider a reasonable number of
Cost Principles, and Audit amending title 2 to add chapter X of the
regulatory alternatives before
Requirements for Federal Awards Code of Federal Regulations.
promulgating a rule. OMB determined
AGENCY: Department of the Treasury. Procedural Matters that the joint interim final rule will not
ACTION: Final rule. result in expenditures by state, local,
Executive Order 12866
and tribal governments, or by the
SUMMARY: The Department of the This regulatory action is not a private sector, of $100 million or more
Treasury publishes this rule to adopt as in any one year. Accordingly, this final
‘‘significant regulatory action’’ under
a final rule, without change, a joint rule adopting the interim final rule
Executive Order 12866, ‘‘Regulatory
interim final rule published with the without change does not include a
Planning and Review,’’ 58 FR 51735
Office of Management and Budget budgetary impact statement or
(October 4, 1993). Accordingly, this rule
(OMB) for all federal award-making
is not subject to review under the specifically address the regulatory
agencies that implemented guidance on
Executive Order by the Office of alternatives considered.
Uniform Administrative Requirements,
Cost Principles, and Audit Information and Regulatory Affairs Congressional Review Act
Requirements for Federal Awards within the Office of Management and
(Uniform Guidance). This rule is Budget. This action is subject to the
necessary to incorporate into regulation Regulatory Flexibility Act Congressional Review Act (5 U.S.C.
and thus bring into effect the Uniform 801), and the Department of the
Guidance as required by OMB for the The Regulatory Flexibility Act (RFA) Treasury will submit a rule report to
Department of the Treasury. requires an agency that is issuing a final each House of the Congress and to the
DATES: Effective date: February 26, 2016. rule to provide a final regulatory Comptroller General of the United
FOR FURTHER INFORMATION CONTACT: flexibility analysis or certify that the States. This action is not a ‘‘major rule’’
Michael Briskin, Special Counsel to the rule will not have a significant as defined by 5 U.S.C. 804(2).
Assistant General Counsel for General economic impact on a substantial Accordingly, the interim rule
Law, Ethics & Regulation, (202) 622– number of small entities. This action is amending title 2 to add chapter X of the
0450. not subject to the RFA. The RFA applies Code of Federal Regulations, which was
only to rules subject to notice and published at 79 FR 75867, on December
SUPPLEMENTARY INFORMATION: On comment rulemaking requirements
December 19, 2014, OMB published a 19, 2014, is adopted as a final rule
under the Administrative Procedure Act without change.
rulemaking in the Federal Register
(APA), 5 U.S.C. 553, or any other
finalizing the guidance on Uniform
statute. This rule is not subject to notice Brodi Fontenot,
Administrative Requirements, Cost
and comment requirements under the Assistant Secretary for Management,
Principles, and Audit Requirements for
APA or any other statute because this Department of the Treasury.
Federal Awards (79 FR 75867). As a part
of the same rulemaking, OMB issued the rule pertains to grants, which the APA [FR Doc. 2016–01620 Filed 1–26–16; 8:45 am]
interim final Federal Awarding Agency expressly exempts from notice and BILLING CODE 4810–25–P
comment rulemaking requirements. 5
asabaliauskas on DSK5VPTVN1PROD with RULES

Regulatory Implementation of Office of
Management and Budget’s Uniform U.S.C. 553(a)(2).
Administrative Requirements, Cost Review Under Executive Order 13132
Principles, and Audit Requirements for
Federal Awards which contained a OMB determined that the joint
separate section for each federal interim final rule does not have any
awarding agency. Where applicable, Federalism implications, as required by
agencies provided additional language Executive Order 13132.

VerDate Sep<11>2014 16:58 Jan 26, 2016 Jkt 238001 PO 00000 Frm 00001 Fmt 4700 Sfmt 9990 E:\FR\FM\27JAR1.SGM 27JAR1

Document Created: 2018-02-02 12:40:10
Document Modified: 2018-02-02 12:40:10

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Rules and Regulations
Action		Final rule.
Dates		Effective date: February 26, 2016.
Contact		Michael Briskin, Special Counsel to the Assistant General Counsel for General Law, Ethics & Regulation, (202) 622-0450.
FR Citation		81 FR 4573
RIN Number		1505-AC48