Trusted Professional

Regulatory Roundup: Feb. 21-27

CBO 

Report
Testimony on the Seven Things to Know About CBO’s Analyses
February 27, 2018

Cost Estimate
S. 2113, Construction Consensus Procurement Improvement Act of 2017
February 23, 2018

Cost Estimate
S. 2400, GAO Audit Mandates Revision Act of 2018
February 23, 2018

Cost Estimate
H.R. 146, Eastern Band Cherokee Historic Lands Reacquisition Act
February 23, 2018

Cost Estimate
H.R. 2121, Pension, Endowment, and Mutual Fund Access to Banking Act
February 23, 2018

Report
Answers to Questions for the Record Following a Hearing on Oversight of CBO Conducted by the Senate Committee on the Budget
February 23, 2018

Cost Estimate
H.R. 2229, All Circuit Review Act
February 22, 2018

Cost Estimate
H.R. 350, RPM Act of 2017
February 22, 2018

Cost Estimate
H.R. 4607, Comprehensive Regulatory Review Act
February 22, 2018

Presentation
The Health Insurance Simulation Model Used in Preparing CBO’s 2018 Baseline
February 22, 2018

Report
How CBO and JCT Analyze Major Proposals That Would Affect Health Insurance Coverage
February 22, 2018

Cost Estimate
H.R. 4296, a bill to place requirements on operational risk capital requirements for banking organizations established by an appropriate Federal banking agency
February 21, 2018

Cost Estimate
H.R. 1675, National Landslide Preparedness Act
February 21, 2018

Cost Estimate
H.R. 4134, Cecil D. Andrus-White Clouds Wilderness Redesignation Act
February 21, 2018

GAO

Intellectual Property:
Agencies Can Improve Efforts to Address Risks Posed by Changing Counterfeits Market
GAO-18-216:Published: Jan 30, 2018. Publicly Released: Feb 27, 2018.

Bank Secrecy Act:
Derisking along the Southwest Border Highlights Need for Regulators to Enhance Retrospective Reviews
GAO-18-263:Published: Feb 26, 2018. Publicly Released: Feb 26, 2018.

Next Generation 911:
National 911 Program Could Strengthen Efforts to Assist States
GAO-18-252:Published: Jan 31, 2018. Publicly Released: Feb 23, 2018.

GAO 2018-2023 Strategic Plan:
Goals and Objectives for Serving Congress and the Nation (Supersedes GAO-14-1SP)
GAO-18-1SP:Published: Feb 22, 2018. Publicly Released: Feb 22, 2018.

GAO 2018-2023 Strategic Plan:
Key Efforts
GAO-18-395SP:Published: Feb 22, 2018. Publicly Released: Feb 22, 2018.

GAO 2018-2023 Strategic Plan:
Trends Affecting Government and Society
GAO-18-396SP:Published: Feb 22, 2018. Publicly Released: Feb 22, 2018.

Wildlife and Sport Fish Restoration:
Competitive Grant Programs Managed Consistently with Relevant Regulations, but Monitoring Could Be Improved
GAO-18-303:Published: Feb 22, 2018. Publicly Released: Feb 22, 2018.

Emergency Management:
Federal Agencies Could Improve Dissemination of Resources to Colleges
GAO-18-233:Published: Jan 23, 2018. Publicly Released: Feb 22, 2018.

Railroad Retirement Board:
Actions Needed to Improve the Effectiveness and Oversight of Continuing Disability Reviews
GAO-18-287:Published: Feb 21, 2018. Publicly Released: Feb 21, 2018.

GASB

Registration Opens for March 14 GASB Webinar on Invitation to Comment on Revenue and Expense Recognition  [02/21/18]
Media Advisory 
Course Description and Registration 

IASB

26 February 2018
March 2018 GPF—meeting agenda papers available

26 February 2018
Report of the Emerging Economies Group posted

26 February 2018
Join the IFRS Foundation—Technical Associate required

23 February 2018
February 2018 IASB Update published and work plan updated

23 February 2018
March 2018 CMAC meeting—agenda papers available

21 February 2018
Join the IFRS Foundation—Team Coordinator required

IRS 

March 1 Tax Deadline Nears for Many Farmers, Fishers; IRS Direct Pay Offers Easy Way to Pay
IR-2018-34, Feb. 23, 2018 ― The IRS is reminding farmers and fishers about the March 1 deadline to take advantage of special rules that can allow them to forgo making quarterly estimated tax payments.

Three Popular Tax Benefits Retroactively Renewed for 2017; IRS Ready to Accept Returns Claiming These Benefits; e-file for Fastest Refunds
IR-2018-33, Feb. 22, 2018 — The IRS today said that it is ready to process tax year 2017 returns claiming three popular tax benefits recently renewed retroactively into law. 

Interest on Home Equity Loans Often Still Deductible Under New Law
IR-2018-32, Feb. 21, 2018 — The IRS today advised taxpayers that in many cases they can continue to deduct interest paid on home equity loans.

NYC Dept. of Finance 

February 26, 2018
Testimony of First Deputy Commissioner, Michael Hyman, at the oversight hearing on the impact of the federal tax law on New York City.

NYS Dept. of Taxation and Finance 

Simplify Tax Season Using an Array of New York State Services 

Check Refund Status Online, Anytime! 

SEC

SEC Announces Agenda for March 8 Investor Advisory Committee Meeting
Washington D.C., Feb. 27, 2018 —The Securities and Exchange Commission today announced the agenda for the March 8 meeting of its Investor Advisory Committee. The meeting will begin at 9:30 a.m. in the Multipurpose Room at SEC headquarters at 100 F Street, NE, Washington, D.C. and is open to the public.  The meeting will be webcast live and archived on the committee’s website for later viewing.

SEC Votes to Modify Compliance Date for Open-End Fund Liquidity Classification
Washington D.C., Feb. 21, 2018 —The Securities and Exchange Commission today voted to extend by six months the deadline by which open-end funds must comply with certain elements of the Commission's liquidity risk management program rule.

SEC Adopts Statement and Interpretive Guidance on Public Company Cybersecurity Disclosures
Washington D.C., Feb. 21, 2018 —Yesterday, the Securities and Exchange Commission voted unanimously to approve a statement and interpretive guidance to assist public companies in preparing disclosures about cybersecurity risks and incidents.

Statement on Cybersecurity Interpretive Guidance
Feb. 21, 2018—Yesterday, the Commission approved the issuance of an interpretive release to provide guidance to public companies when preparing disclosures about cybersecurity risks and incidents.  The release also communicates the Commission’s views on the importance of maintaining comprehensive policies and procedures related to cybersecurity risks and incidents.

TIGTA

Additional Actions Are Needed to Make the Worker Misclassification Initiative With the Department of Labor a Success