Compliance, Regulatory Requirements 16 Jan 2025 environmental protection, regulation, epa, reporting and recordkeeping requirements, hazardous waste, electric utilities, coal combustion residuals

♻️EPA Proposes Correction on Coal Combustion Residuals Regulations

The Environmental Protection Agency (EPA or the Agency) is proposing to correct errors and clarify several provisions published in the Federal Register on May 8, 2024. This May 8, 2024 rule (Legacy Final Rule) established regulatory requirements for legacy coal combustion residuals (CCR) surface impoundments and CCR management units, among other things, under the Resource Conservation and Recovery Act (RCRA). This proposal seeks comment on issues discussed in a direct final rule to correct errors and clarify in the Legacy Final Rule.

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Regulatory Compliance, Economic Impact 16 Jan 2025 reporting and recordkeeping requirements, nutrition, business impact, fda regulations, compliance requirements, food labeling, nutrition facts

📊New FDA Food Labeling Rules

The Food and Drug Administration (FDA or we) proposes to require front-of-package nutrition labels on most foods that must bear a Nutrition Facts label. This action, if finalized, would require the display of a compact informational box containing certain nutrient information on the principal display panel. The box would provide consumers, including those who have lower nutrition knowledge, with standardized, interpretive nutrition information that can help them quickly and easily identify how foods can be part of a healthy diet. We also propose to amend certain nutrient content claim regulations to align with current nutrition science and avoid within-label inconsistencies.

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Regulatory Compliance, Legal 15 Jan 2025 compliance, reporting and recordkeeping requirements, penalties, conflict of interests, government regulations, inflation adjustments, privacy, government employees, trusts and trustees, ethics

⚖️2025 Adjustments to Civil Monetary Penalties for Government Ethics

In accordance with the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015, the U.S. Office of Government Ethics is issuing this final rule to make the 2025 annual adjustments to the Ethics in Government Act civil monetary penalties.

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Regulatory Compliance, Financial Impact 15 Jan 2025 banking, federal reserve, reporting and recordkeeping requirements, financial institutions, interest rates, banks, reserve requirements, regulation d

💰Analysis of Regulation D Amendments and Financial Implications

The Board of Governors of the Federal Reserve System ("Board") has adopted final amendments to its Regulation D to revise the rate of interest paid on balances ("IORB") maintained at Federal Reserve Banks by or on behalf of eligible institutions. The final amendments specify that IORB is 4.4 percent, a 0.25 percentage point decrease from its prior level. The amendment is intended to enhance the role of IORB in maintaining the federal funds rate in the target range established by the Federal Open Market Committee ("FOMC" or "Committee").

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Compliance, Regulatory Requirements 15 Jan 2025 environmental protection, administrative practice and procedure, reporting and recordkeeping requirements, business compliance, nuclear energy, penalties, claims, nuclear regulatory commission, hazardous waste, fraud, civil penalties, freedom of information, confidential business information, organization and functions (government agencies), antitrust, classified information, waste treatment and disposal, nuclear materials, sex discrimination, atomic energy act, program fraud, nuclear power plants and reactors

⚖️NRC Adjusts Civil Penalties for Inflation in FY2025

The U.S. Nuclear Regulatory Commission (NRC) is amending its regulations to adjust the maximum civil monetary penalties it can assess under statutes enforced by the agency. These changes are mandated by the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. The NRC is amending its regulations to adjust the maximum civil monetary penalty for a violation of the Atomic Energy Act of 1954, as amended, or any regulation or order issued under the Atomic Energy Act from $362,814 to $372,240 per violation, per day. Additionally, the NRC is amending provisions concerning program fraud civil penalties by adjusting the maximum civil monetary penalty under the Program Fraud Civil Remedies Act from $13,946 to $14,308 for each false claim or statement.

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Regulatory Compliance, Employment Initiatives 15 Jan 2025 healthcare, regulations, reporting and recordkeeping requirements, incorporation by reference, health care, health facilities, health, public health, osha, infectious diseases, workplace safety, occupational safety and health, diseases, covid-19, quarantine
Compliance Regulations, Technology Oversight 15 Jan 2025 compliance, regulation, nhtsa, transportation, safety, imports, reporting and recordkeeping requirements, motor vehicle safety, motor vehicles, labeling, automated driving systems, business transparency

🚗New Regulatory Framework for ADS and Vehicle Safety by NHTSA

This document proposes a voluntary framework for the evaluation and oversight of motor vehicles equipped with automated driving systems (ADS). The ADS-equipped Vehicle Safety, Transparency, and Evaluation Program (AV STEP) would establish a national program for ADS-equipped vehicles that operate or may operate on public roads in the United States under NHTSA's oversight with the goal of improving public transparency related to the safety of certain ADS-equipped vehicles, while allowing for responsible development of this technology. This proposal includes procedures for application, participation, public reporting, and program administration. It identifies content requirements for applications, including independent assessments of ADS safety processes, such as the safety cases used and conformance to industry standards. These application requirements will inform NHTSA's decisions on terms and conditions for participation. The proposal also contains reporting requirements for participants, including periodic and event-triggered reporting.

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Compliance, Regulatory Requirements 15 Jan 2025 reporting and recordkeeping requirements, business compliance, penalties, irs, excise taxes, income taxes, estate taxes, gift taxes, employment taxes, federal taxes, appeals process, tax controversies

💼IRS Appeals Regulations for Resolving Federal Tax Controversies

This document contains final regulations that provide guidance on the resolution of Federal tax controversies by the IRS Independent Office of Appeals (Appeals) under the Taxpayer First Act of 2019 (TFA). The final regulations provide that while the Appeals resolution process is generally available to all taxpayers to resolve Federal tax controversies, there are certain exceptions to consideration by Appeals. The final regulations also address certain procedural and timing rules that must be met before Appeals consideration is available. The regulations affect taxpayers requesting Appeals consideration of Federal tax controversies.

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Financial Assistance, Compliance, Business Incentives 15 Jan 2025 investment, reporting and recordkeeping requirements, renewable energy, income taxes, greenhouse gas emissions, tax credits, electricity production, clean energy

⚡Clean Electricity Production & Investment Tax Credit Regulations Summary

This document sets forth final regulations regarding the clean electricity production credit and the clean electricity investment credit established by the Inflation Reduction Act of 2022. These final regulations provide rules for determining greenhouse gas emissions rates resulting from the production of electricity; petitioning for provisional emissions rates; and determining eligibility for these credits in various circumstances. The final regulations affect all taxpayers that claim the clean electricity production credit with respect to a qualified facility or the clean electricity investment credit with respect to a qualified facility or energy storage technology, as applicable, that is placed in service after 2024.

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Financial Assistance, Compliance 15 Jan 2025 banking, federal reserve, reporting and recordkeeping requirements, banks, economic policy, business financing, federal reserve system, regulation a, credit rates

📉Federal Reserve's Regulation A Changes Affect Business Credit Rates

The Board of Governors of the Federal Reserve System ("Board") has adopted final amendments to its Regulation A to reflect the Board's approval of a decrease in the rate for primary credit at each Federal Reserve Bank. The secondary credit rate at each Reserve Bank automatically decreased by formula as a result of the Board's primary credit rate action.

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