Reporting Requirements for Foreign Gifts and Decorations

GENERAL SERVICES ADMINISTRATION

41 CFR Part 101-49

[FPMR Amendment H-193]

RIN 3090-AG14

Reporting Requirements for Foreign Gifts and Decorations

AGENCY: Office of Governmentwide Policy, GSA.

ACTION: Final rule.

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

SUMMARY: Section 101-49.001-5 currently defines the minimal value for

reporting foreign gifts as $225. Public Law 95-105 requires that at 3-

year intervals following January 1, 1981, minimal value 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 $245.

EFFECTIVE DATE: January 1, 1996.

FOR FURTHER INFORMATION CONTACT:

Martha S. Caswell, Director, Personal Property Management Policy

Division (202-501-3828).

SUPPLEMENTARY INFORMATION: The General Services Administration (GSA)

has determined that this rule is not a significant regulatory action

for the purposes of Executive Order 12866.

Regulatory Flexibility Act

This rule is not required to be published in the Federal Register

for notice and comment. Therefore, the Regulatory Flexibility Act does

not apply.

List of Subjects in 41 CFR Part 101-49

Decoration, medals and awards; Government property; Government

property management.

For reasons set forth in the preamble, 41 CFR Part 101-49 is

amended as follows:

PART 101-49--UTILIZATION, DONATION, AND DISPOSAL OF FOREIGN GIFTS

AND DECORATIONS

1. The authority citation for Part 101-49 continues to read as

follows:

Authority: Sec. 205(c), 63 Stat. 390 (40 U.S.C. 486(c)) sec.

515, 91 Stat. 862 (5 U.S.C. 7342).

2. Section 101-49.001-5 is amended by revising the introductory

text to read as follows:

Sec. 101-49.001-5 Minimal value.

Minimal value means a retail value in the United States at the time

of acceptance of $245 or less, except that:

* * * * *

Dated: September 9, 1996.

David J. Barram,

Acting Administrator of General Services.

[FR Doc. 96-30193 Filed 11-25-96; 8:45 am]

BILLING CODE 6820-24-M