[Federal Register: April 29, 1997 (Volume 62, Number 82)]
[Rules and Regulations]
[Page 23127-23128]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr29ap97-3]

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OFFICE OF GOVERNMENT ETHICS

5 CFR Part 2640

RIN 3209-AA09


Interpretation, Exemptions and Waiver Guidance Concerning 18
U.S.C. 208 (Acts Affecting a Personal Financial Interest)

AGENCY: Office of Government Ethics (OGE).

ACTION: Final rule; correcting amendment.

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SUMMARY: The Office of Government Ethics is correcting a minor error in
its final personal financial interests regulation.

EFFECTIVE DATE: January 17, 1997.

FOR FURTHER INFORMATION CONTACT: William E. Gressman, Associate General
Counsel, Office of Government Ethics, Suite 500, 1201 New York Avenue,
NW., Washington, DC 20005-3917; telephone: 202-208-8000; TDD: 202-208-
8025; FAX: 202-208-8037.

SUPPLEMENTARY INFORMATION: On December 18, 1996, OGE published its
executive branchwide final regulation on interpretation, exemptions
and waiver guidance concerning 18 U.S.C. 208 (acts affecting a
personal financial interest). See 61 FR 66830-66851 (part III), as
corrected at 62 FR 1361 (January 9, 1997), and now codified at 5
CFR part 2640. In the December 1996 final rule preamble, at 61 FR
66837, OGE indicated that in response to an agency comment it had
determined to delete the word ``vested'' in a passage of
Sec. 2640.203(a) referring to pension plans as set forth in the
prior proposed rule text. However, in the regulatory text of that
section of the final rule, as issued at 61 FR 66847, OGE
inadvertently did not delete the word ``vested''. This amendatory
document corrects that oversight by removing the word ``vested''
from that section of the regulation.

Executive Order 12866

    In promulgating this final rule correcting amendment, the Office of
Government Ethics has adhered to the regulatory philosophy and the
applicable principles of regulation set forth in section 1 of Executive
Order 12866, Regulatory Planning and Review. This amendment has not
been reviewed

[[Page 23128]]

by the Office of Management and Budget under that Executive order, as
it is not deemed ``significant'' thereunder.

Regulatory Flexibility Act

    As Director of the Office of Government Ethics, I certify under the
Regulatory Flexibility Act (5 U.S.C. chapter 6) that this final rule
correction will not have a significant economic impact on a substantial
number of small entities because it primarily affects Federal executive
branch employees.

Paperwork Reduction Act

    The Paperwork Reduction Act (44 U.S.C. chapter 35) does not apply
because this correcting amendment does not contain information
collection requirements that require the approval of the Office of
Management and Budget.

List of Subjects in 5 CFR Part 2640

    Conflict of interests, Government employees.

    Approved: April 23, 1997.
Stephen D. Potts,
Director, Office of Government Ethics.

    Accordingly, for the reasons set forth in the preamble, the Office
of Government Ethics is correcting 5 CFR part 2640 as follows:

PART 2640--[CORRECTED]

    1. The authority citation for part 2640 continues to read as
follows:

    Authority: 5 U.S.C. App. (Ethics in Government Act of 1978); 18
U.S.C. 208; E.O. 12674, 54 FR 15159, 3 CFR, 1989 Comp., p. 215, as
modified by E.O. 12731, 55 FR 42547, 3 CFR, 1990 Comp., p. 306.

Sec. 2640.203(a)(2)  [Corrected]

    2. Section 2640.203(a)(2) is corrected by removing the word
``vested'' from between the words ``a'' and ``pension''.

[FR Doc. 97-11026 Filed 4-28-97; 8:45 am]
BILLING CODE 6345-01-U