Unknown. Final rule
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/register/2025/04/16/2025-06407·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
--- schema: federal-register doc_type: fedreg source_file: FR-2025-04-16.xml --- 90 72 Wednesday, April 16, 2025 Contents Agriculture Agriculture Department See Foreign Agricultural Service Centers Medicare Centers for Medicare & Medicaid Services NOTICES Agency Information Collection Activities; Proposals, Submissions, and Approvals: Medicaid and Children's Health Insurance Program, 15987-15988 2025-06400 Civil Rights Civil Rights Commission NOTICES Hearings, Meetings, Proceedings, etc.:
Oregon Advisory Committee, 15950 2025-06405 Commerce Commerce Department See Industry and Security Bureau See International Trade Administration See National Oceanic and Atmospheric Administration Consumer Product Consumer Product Safety Commission NOTICES Agency Information Collection Activities; Proposals, Submissions, and Approvals: Bathtub Slip Resistance Study, 15978-15979 2025-06432 Corporation Corporation for National and Community Service NOTICES Agency Information Collection Activities;
Proposals, Submissions, and Approvals: AmeriCorps Member Application, Enrollment, and Exit Forms, 15979-15980 2025-06467 Recordkeeping for National Service Criminal History Checks, 15979 2025-06481 Defense Department Defense Department See Navy Department Drug Drug Enforcement Administration NOTICES Decision and Order: Ajumobi Agu, MD, 15996-15999 2025-06452 David Israel, MD, 16005-16008 2025-06424 Empire Pharmacy, Inc.; Skyline Pharmacy, Inc., 15993-15996 2025-06425 Henry-Norbert O.
Ndekwe, MD, 15990-15992 2025-06421 Lona Bibbs-Walker, DDS, 15999-16002 2025-06427 Moustafa M. Aboshady, MD, 15992-15993 2025-06426 Victor Augusto Silva, MD, 16002-16005 2025-06453 Education Department Education Department NOTICES Agency Information Collection Activities; Proposals, Submissions, and Approvals: Application for Client Assistance Program, 15981 2025-06456 Energy Department Energy Department See Federal Energy Regulatory Commission NOTICES Hearings, Meetings, Proceedings, etc.:
Environmental Management Site-Specific Advisory Board, Paducah, 15981-15982 2025-06475 Environmental Protection Environmental Protection Agency RULES Air Quality State Implementation Plans; Approvals and Promulgations: Washington; Spokane Regional Clean Air Agency, General Air Quality Regulations, 15930-15935 2025-06247 Federal Aviation Federal Aviation Administration RULES Airspace Designations and Reporting Points: Marysville, OH, 15929-15930 2025-06457 Airworthiness Directives:
General Electric Co. Engines, 15926-15929 2025-06420 Special Conditions: Airbus Helicopters Model EC175B Helicopter; Use of 30-Minute All Engines Operating Power Rating, 15924-15926 2025-06440 PROPOSED RULES Airworthiness Directives: Airbus SAS Airplanes, 15942-15944 2025-06446 Restricted Area: Camp Lejeune, NC, Cherry Point, NC, 15944-15945 2025-06416 NOTICES Agency Information Collection Activities; Proposals, Submissions, and Approvals, 16058 2025-06479 Petition for Exemption;
Summary: Michael Gray, 16057 2025-06038 Federal Communications Federal Communications Commission NOTICES Agency Information Collection Activities; Proposals, Submissions, and Approvals, 15986 2025-06402 Federal Energy Federal Energy Regulatory Commission NOTICES Licenses; Exemptions, Applications, Amendments etc.: Orcas Power and Light Cooperative, 15984-15985 2025-06435 Meetings; Sunshine Act, 15985 2025-06557 Reasonable Period of Time for Water Quality Certification Application:
Pacific Gas and Electric Co., 15982 2025-06434 Request under Blanket Authorization: WBI Energy Transmission, Inc., 15982-15984 2025-06433 Federal Highway Federal Highway Administration NOTICES Final Federal Agency Action: Proposed Highway Project in Michigan, 16059-16060 2025-06474 Proposed Transportation Project in Ohio, 16058-16059 2025-06403 Federal Motor Federal Motor Carrier Safety Administration NOTICES Agency Information Collection Activities; Proposals, Submissions, and Approvals:
Commercial Driver Licensing and Testing Standards, 16061-16062 2025-06473 Waiver and Exemption Requirements, 16060-16061 2025-06408 Exemption Application: Parts and Accessories Necessary for Safe Operation; Casey's Services Co., 16067-16072 2025-06410 Parts and Accessories Necessary for Safe Operation; Coffeyville Resources Crude Transportation, 16062-16067 2025-06409 Federal Reserve Federal Reserve System NOTICES Change in Bank Control: Acquisitions of Shares of a Bank or Bank Holding Company, 15987 2025-06482 Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 15986-15987 2025-06483 Federal Retirement Federal Retirement Thrift Investment Board RULES Breakage on Late Contributions, Makeup Contributions, and Loan Payments, 15923 2025-06407 NOTICES Hearings, Meetings, Proceedings, etc., 15987 2025-06430 Foreign Agricultural Foreign Agricultural Service NOTICES Invocation of Special Agricultural Safeguard Measures Pursuant to the Uruguay Round Agreements Act, 15949-15950 2025-06478 Foreign Assets Foreign Assets Control Office NOTICES Sanctions Action, 16072-16076 2025-06406 2025-06449 General Services General Services Administration PROPOSED RULES Federal Management Regulation:
Art in Architecture; Planned Rescission, 15947 2025-06280 Designation of Authority and Sustainable Siting; Planned Revision, 15947 2025-06278 Federal Advisory Committee Management; Planned Revision, 15945-15946 2025-06180 Soliciting Union Memberships Among Contractors in General Services Administration-Controlled Buildings; Planned Rescission, 15946-15947 2025-06181 Updating Transportation Management, with Diversity, Equity, Inclusion, and Accessibility Language; Planned Rescission, 15947-15948 2025-06279 Federal Management Regulation;
Updating the Federal Management Regulation with Diversity, Equity, Inclusion, and Accessibility Language; Planned Rescission, 15946 2025-06277 Federal Travel Regulation: Alternative Fuel Vehicle Usage During Relocations; Planned Rescission, 15948 2025-06276 Updating the FTR With Diversity, Equity, Inclusion, and Accessibility Language; Planned Rescission, 15946 2025-06275 Health and Human Health and Human Services Department See Centers for Medicare & Medicaid Services See National Institutes of Health Industry Industry and Security Bureau NOTICES National Security Investigation of Imports of Pharmaceuticals and Pharmaceutical Ingredients, 15951-15952 2025-06587 National Security Investigation of Imports of Semiconductors and Semiconductor Manufacturing Equipment, 15950-15951 2025-06591 Interior Interior Department RULES Joint Policies of the Departments of the Interior and of the Army Relative to Reservoir Project Lands, 15935 2025-06480 International Trade Adm International Trade Administration NOTICES Antidumping or Countervailing Duty Investigations, Orders, or Reviews:
Certain Metal Lockers and Parts Thereof from the People's Republic of China, 15953-15955 2025-06448 Stainless Steel Sheet and Strip in Coils from the Republic of Korea, 15955-15956 2025-06468 Strontium Chromate from Austria and France, 15952-15953 2025-06447 International Trade Com International Trade Commission NOTICES Investigations; Determinations, Modifications, and Rulings, etc.: Lattice-Boom Crawler Cranes from Japan, 15989-15990 2025-06451 Justice Department Justice Department See Drug Enforcement Administration National Institute National Institutes of Health NOTICES Agency Information Collection Activities;
Proposals, Submissions, and Approvals: Electronic Application System for NIH Certificates of Confidentiality, 15988-15989 2025-06441 National Oceanic National Oceanic and Atmospheric Administration RULES Atlantic Highly Migratory Species: 2025 Atlantic Shark Commercial Fishing Year, 15936-15938 2025-06472 Fisheries of the Northeastern United States: Atlantic Sea Scallop Fishery; 2025 Closure of the Northern Gulf of Maine Scallop Management Area to the Limited Access General Category Fishery, 15938-15940 2025-06444 Fisheries off West Coast States:
Pacific Coast Groundfish Fishery; 2025-2026 Biennial Specifications and Management Measures; Inseason Adjustments, 15940-15941 2025-06443 NOTICES Hearings, Meetings, Proceedings, etc.: Atlantic Highly Migratory Species Advisory Panel, 15957 2025-06442 Taking or Importing of Marine Mammals: City of Ketchikan's Berth III Mooring Dolphins Project in Ketchikan, AK, 15957-15977 2025-06437 Navy Navy Department NOTICES Land Exchange: Naval Air Station Pensacola, 15980-15981 2025-06470 Nuclear Regulatory Nuclear Regulatory Commission NOTICES Environmental Impact Statements;
Availability, etc.: Clinton Power Station, Unit 1, Constellation Energy Generation, LLC, 16011 2025-06439 Point Beach Nuclear Plant, Units 1 and 2, NextEra Energy Point Beach, LLC, 16008-16011 2025-06438 Personnel Personnel Management Office NOTICES Agency Information Collection Activities; Proposals, Submissions, and Approvals: Alternative Annuity Election, 16012 2025-06401 Postal Regulatory Postal Regulatory Commission NOTICES Market Dominant Price Adjustment, 16012-16013 2025-06423 New Postal Products, 16013-16014 2025-06460 Postal Service Postal Service NOTICES International Product Change:
Priority Mail Express International, Priority Mail International and First-Class Package International Service Agreement, 16014 2025-06431 Meetings; Sunshine Act, 16014-16015 2025-06554 Securities Securities and Exchange Commission NOTICES Application: Optimize Growth Equity Fund, Optimize Premium Yield Fund and Optimize Wealth Management Inc., 16020-16021 2025-06419 Self-Regulatory Organizations; Proposed Rule Changes: ICE Clear Credit LLC, 16015-16017, 16036-16038 2025-06412 2025-06417 Nasdaq PHLX LLC, 16038-16041 2025-06411 NYSE American LLC, 16041-16050 2025-06415 NYSE Arca, Inc., 16017-16020 2025-06414 The Nasdaq Stock Market LLC, 16021-16036 2025-06413 2025-06418 Small Business Small Business Administration NOTICES Disaster Declaration:
Kentucky; Public Assistance Only, 16050 2025-06455 Social Social Security Administration NOTICES Agency Information Collection Activities; Proposals, Submissions, and Approvals, 16050-16056 2025-06422 Surface Transportation Surface Transportation Board NOTICES Acquisition of Control: Norfolk Southern Corp. and Norfolk Southern Railway Co., Norfolk and Portsmouth Belt Line Railroad Co., 16056-16057 2025-06471 Transportation Department Transportation Department See Federal Aviation Administration See Federal Highway Administration See Federal Motor Carrier Safety Administration Treasury Treasury Department See Foreign Assets Control Office Reader Aids Consult the Reader Aids section at the end of this issue for phone numbers, online resources, finding aids, and notice of recently enacted public laws.
To subscribe to the Federal Register Table of Contents electronic mailing list, go to https://public.govdelivery.com/accounts/USGPOOFR/subscriber/new, enter your e-mail address, then follow the instructions to join, leave, or manage your subscription. 90 72 Wednesday, April 16, 2025 Rules and Regulations FEDERAL RETIREMENT THRIFT INVESTMENT BOARD 5 CFR Part 1605 Breakage on Late Contributions, Makeup Contributions, and Loan Payments AGENCY: Federal Retirement Thrift Investment Board.
ACTION: Final rule. SUMMARY: The Federal Retirement Thrift Investment Board (FRTIB) adopts as final, without changes, the proposed rule permitting the TSP record keeper to calculate gains and losses on late contributions, makeup contributions, loan payments even when the total amount on a late payment record or total agency contributions on a current payment record is less than $1.00. DATES: The effective date is April 16, 2025. FOR FURTHER INFORMATION CONTACT: *For press inquiries:* James Kaplan, Office of External Affairs,
(202)864-7150. *For information about this final rule:* Laurissa Stokes, Office of General Counsel,
(202)308-7707. SUPPLEMENTARY INFORMATION: The FRTIB administers the TSP, which was established by the Federal Employees' Retirement System Act of 1986 (FERSA), Public Law 99-335, 100 Stat. 514. The TSP is a retirement savings plan for Federal civilian employees and members of the uniformed services. It is similar to cash or deferred arrangements established for private-sector employees under section 401(k) of the Internal Revenue Code (26 U.S.C. 401(k)). The provisions of FERSA that govern the TSP are codified, as amended, largely at 5 U.S.C. 8351 and 8401-79. Under 5 U.S.C 8432, the Executive Director of the FRTIB is directed to prescribe regulations to establish an error correction procedure for lost earnings that result from employing agencies' errors. Employing agencies submit agency matching contributions, deduct employee contributions from participants' basic pay, and deduct loan payments from participants' basic pay. Employing agencies also submit makeup contributions to the TSP. Contribution and loan payment information are submitted by employing agencies to the TSP record keeper using a payment record. Occasionally, a payment record is not submitted timely or contains an error. As a result, the participant's funds are unavailable for investment by the TSP record keeper and do not experience gains realized or losses incurred that they would have otherwise. These missed gains or losses are referred to as breakage. Previously, section 1605.2(a)(1) said the TSP does not calculate breakage if the total amount on a late payment record or total agency contributions on a current payment record is less than $1.00. We believe this rule existed due to technological and administrative limitations that no longer exist and is, therefore, obsolete. This final rule will direct the TSP record keeper to calculate breakage even when the total amount on a late payment record or total agency contributions on a current payment record is less than $1.00. On December 18, 2024, the FRTIB published a proposed rule with request for public comments in the **Federal Register** (89 FR 102840, December 18, 2024). The period for public comments closed on February 18, 2025, and we received no comments. For the reasons explained above, the FRTIB is adopting the proposed rule as final, without any substantive changes. *Regulatory Flexibility Act:* I certify that this regulation will not have a significant economic impact on a substantial number of small entities. This regulation will affect Federal employees and members of the uniformed services who participate in the Thrift Savings Plan, which is a Federal defined contribution retirement savings plan created under the Federal Employees' Retirement System Act of 1986 (FERSA), Public Law 99-335, 100 Stat. 514, and which is administered by the FRTIB. *Paperwork Reduction Act:* I certify that these regulations do not require additional reporting under the criteria of the Paperwork Reduction Act. *Unfunded Mandates Reform Act of 1995:* Pursuant to the Unfunded Mandates Reform Act of 1995, 2 U.S.C. 602, 632, 653, 1501 1571, the effects of this regulation on State, local, and Tribal governments and the private sector have been assessed. This regulation will not compel the expenditure in any one year of $100 million or more by State, local, and Tribal governments, in the aggregate, or by the private sector. Therefore, a statement under section 1532 is not required. *Submission to Congress and the General Accountability Office:* Pursuant to 5 U.S.C. 801(a)(1)(A), the FRTIB submitted a report containing this rule and other required information to the U.S. Senate, the U.S. House of Representatives, and the Government Accountability Office before publication of this rule in the **Federal Register** . This rule is not a major rule as defined at 5 U.S.C. 804(2). List of Subjects in 5 CFR Part 1605 Claims, Government employees, Pensions, Retirement. Ravindra Deo, Executive Director, Federal Retirement Thrift Investment Board. For the reasons stated in the preamble, the FRTIB amends 5 CFR part 1605 as follows: PART 1605—CORRECTION OF ADMINISTRATIVE ERRORS 1. The authority citation for part 1605 continues to read as follows: Authority: 5 U.S.C. 8351, 8432a, 8432d, 8474(b)(5) and (c)(1). Subpart B also issued under section 1043(b)of Public Law 104-106, 110 Stat. 186 and § 7202(m)(2) of Public Law 101-508, 104 Stat. 1388. 2. Amend § 1605.2 by revising paragraph (a)(1) to read as follows: § 1605.2 Calculating, posting, and charging breakage on late contributions and loan payments.
(a)* * *
(1)The TSP record keeper will not calculate breakage if contributions or loan payments are posted within 30 days of the “as of” date; and [FR Doc. 2025-06407 Filed 4-15-25; 8:45 am]
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Traces to 7 documents
6 references not yet in our index
- 5 CFR 1605
- Pub. L. 99-335
- Pub. L. 104-106
- 110 Stat. 186
- Pub. L. 101-508
- 104 Stat. 1388
Citation graph
cites case law
Unknown
Final rule
Cite5 CFR 1605
Pub. L.Pub. L. 99-335
Pub. L.Pub. L. 104-106
Stat.110 Stat. 186
Pub. L.Pub. L. 101-508
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