[Federal Register: February 8, 2008 (Volume 73, Number 27)]
[Rules and Regulations]               
[Page 7475]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr08fe08-8]                         

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GENERAL SERVICES ADMINISTRATION

41 CFR Part 102-42

[FMR Amendment 2008-03; FMR Case 2008-102-1; Docket 2008-0001; Sequence 
1]
RIN 3090-AI45

 
Federal Management Regulation; FMR Case 2008-102-2, Change in 
Consumer Price Index Minimal Value

AGENCY: Office of Governmentwide Policy, General Services 
Administration, (GSA).

ACTION: Final rule.

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SUMMARY: Public Law 95-105 requires that at 3-year intervals following 
January 1, 1981, minimal value for foreign gifts be redefined by the 
Administrator of General Services, after consultation with the 
Secretary of State, to reflect changes in the Consumer Price Index for 
the immediately preceding 3-year period. The required consultation has 
been completed and the minimal value has been increased to mean $335 or 
less as of January 1, 2008.

DATES: Effective Date: This final rule is effective February 8, 2008.
    Applicability Date: January 1, 2008.

FOR FURTHER INFORMATION CONTACT: Mr. Robert Holcombe, Director, Asset 
Management Policy Division (202) 501-3828 for clarification of content. 
For information pertaining to status or publication schedules, contact 
the Regulatory Secretariat, Room 4035, GS Building, Washington, DC 
20405, (202) 501-4755. Please cite FMR Amendment 2008-03, FMR Case 
2008-102-1.

SUPPLEMENTARY INFORMATION:

A. Executive Order 12866

    The General Services Administration (GSA) has determined that this 
final rule is not a significant regulatory action for the purposes of 
Executive Order 12866 of September 30, 1993.

B. Regulatory Flexibility Act

    This final rule is not required to be published in the Federal 
Register for notice and comment. Therefore, the Regulatory Flexibility 
Act does not apply.

C. Paperwork Reduction Act

    The Paperwork Reduction Act does not apply because this final rule 
does not impose recordkeeping or information collection requirements, 
or the collection of information from offerors, contractors, or members 
of the public which require the approval of OMB under 44 U.S.C. 3501-
3520.

D. Small Business Reform Act

    This final rule is also exempt from Congressional review prescribed 
under 5 U.S.C. 801 since it relates solely to agency management and 
personnel.

List of Subjects in 41 CFR Part 102-42

    Excess government property, Government property management.

    Dated: January 27, 2008.
Lurita Doan,
Administrator of General Services.

0
For the reasons set forth in the preamble, GSA amends 41 CFR part 102-
42 as set forth below:

PART 102-42--UTILIZATION, DONATION, AND DISPOSAL OF FOREIGN GIFTS 
AND DECORATIONS

0
1. The authority citation for 41 CFR part 102-42 continues to read as 
follows:

    Authority:  40 U.S.C. 121(c); 5 U.S.C. 7342.


Sec.  102-42.10  [Amended]

0
2. Amend Sec.  102-42.10, in the definition of Minimal value, by 
removing ``$305'' and adding ``$335'' in its place.
[FR Doc. E8-2359 Filed 2-7-08; 8:45 am]

BILLING CODE 6820-14-S