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⚡Analysis of Clean Hydrogen Production Credit Regulations 2023

This document contains final regulations implementing the credit for production of clean hydrogen and certain provisions of the energy credit as enacted by the Inflation Reduction Act of 2022. The regulations provide rules for: determining lifecycle greenhouse gas emissions rates resulting from hydrogen production processes; petitioning for provisional emissions rates; verifying production and sale or use of clean hydrogen; modifying or retrofitting existing qualified clean hydrogen production facilities; using electricity from certain renewable or zero-emissions sources to produce qualified clean hydrogen; and electing to treat part of a specified clean hydrogen production facility instead as property eligible for the energy credit. These regulations affect all taxpayers who produce qualified clean hydrogen and claim the clean hydrogen production credit, elect to treat part of a specified clean hydrogen production facility as property eligible for the energy credit, or produce electricity from certain renewable or zero-emissions sources used by taxpayers or related persons to produce qualified clean hydrogen.

🔒USDA Revises Privacy Act Regulations Affecting Business Compliance

The U.S. Department of Agriculture (USDA) is amending its Privacy Act regulations to exempt a system of records, Smuggling Interdiction and Trade Compliance (SITC) National Information Communication Activity System (SNICAS), USDA/APHIS-21, from certain provisions of the Privacy Act. USDA is further amending its Privacy Act regulations to reflect an administrative change to the list of system of records that are exempt from certain provisions of the Privacy Act.

💼CFPB No-Action Letters Policy

The Consumer Financial Protection Bureau (CFPB) is issuing this policy statement on No-Action Letters (Policy), which is intended to further objectives under section 1021 of the Consumer Financial Protection Act.

⚖️USDA APHIS Modifies SNICAS System Under Privacy Act Regulations

The Animal and Plant Health Inspection Service (APHIS) is modifying a system of records in its inventory of records systems subject to the Privacy Act of 1974, as amended. The system of records being modified is the Smuggling Interdiction and Trade Compliance (SITC) National Information Communication Activity System (SNICAS), USDA/APHIS-21. SNICAS maintains a record of activities conducted by the agency pursuant to its mission and authorized responsibilities. The purpose of the system is to record data and information about APHIS' SITC activities nationwide. We are modifying the system to exempt the system from certain provisions of the Privacy Act.

📈SEC Notice on MEMX Equity Transaction Fee Schedule Change

⚖️HHS Announces Revisions to Office of Assistant Secretary for Administration

🎓Apply Now for 2025 Fulbright-Hays Faculty Research Grants

The Department of Education (Department) is issuing a notice inviting applications (NIA) for fiscal year (FY) 2025 for the Fulbright-Hays Faculty Research Abroad (FRA) Fellowship Program.

🌩️Financial Assistance for Oregon Businesses Affected by Wildfires

This is a Notice of the Presidential declaration of a major disaster for Public Assistance Only for the State of Oregon (FEMA-4854- DR), dated January 1, 2025. Incident: Wildfires.

💰Notice of $1.2 Billion Arms Sales to Poland by DoD

The DoD is publishing the unclassified text of an arms sales notification.

🏥FDA Announces Guidance on Developing Obesity Treatment Drugs

The Food and Drug Administration (FDA or Agency) is announcing the availability of a draft guidance for industry entitled "Obesity and Overweight: Developing Drugs and Biological Products for Weight Reduction." This draft guidance provides recommendations to industry regarding the development of drugs and biological products regulated within the Center for Drug Evaluation and Research intended for reduction and long-term maintenance of body weight in patients with obesity or overweight. This draft guidance revises and replaces the draft guidance for industry "Developing Products for Weight Management" issued in February 2007.