New regs for Wednesday: Education grants for migrant kids

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A current grant in the program can last for only two years, but the department's proposal would raise the maximum duration of the grant to three years.

"We take this action to allow participating [state educational agencies] to have an additional year to conduct needed activities, evaluate their projects, and provide a final report addressing their success in completing project activities and achieving the objectives and outcomes" from the agencies' applications, the department writes.

Financial:
The Consumer Financial Protection Bureau (CFPB) is publishing a rule that expands its oversight into new terrain. The rule, which the bureau announced last week, outlines how the agency can oversee new kinds of financial institutions that may pose a threat to consumers. 

The new regulation will not apply to student loan services, banks, credit unions, payday lenders or other services that are already covered.

Housing:
The Federal Housing Finance Agency, which regulates Fannie Mae and Freddie Mac, is issuing a rule for releasing records and testimony in legal cases where neither it or the U.S. government is involved.

The new rule sets requirements and procedures to ask for information, and is aimed at standardizing practices. 

The agency is also prohibiting the unauthorized disclosure of confidential information by updating the rules from its predecessor agencies, the Federal Housing Finance Board and the Office of Federal Housing Enterprise Oversight. Those two agencies were merged in 2008 to before the Federal Housing Finance Agency.

Environment:
The Environmental Protection Agency is establishing a new method to measure the amount of lead in the air. 

Taxes:
The Internal Revenue Service is issuing final regulations for partnerships and S corporations, which are structured to pass income and losses on to shareholders, as well as for C corporations, which are taxed separately from their owners. 

The rules are part of the implementation of the 2009 Recovery Act, which added a section to the federal tax code on how those corporations report their debt.

Healthcare:
The Centers for Medicare and Medicaid Services is proposing annual changes to a payment system for renal disease, as well as looking to set requirements for the system's quality incentive program in 2016 and beyond. 

The Department of Health and Human Services is also updating its rules on organ donation to clarify the definition of an organ. The formal definition will now include complete organs with arteries and veins, technically known as "vascularized compost allografts." 

Defense acquisition:
The Defense Department is making "technical amendments" to its acquisition rules. 

Transportation:
The Federal Aviation Administration is changing rules for devices that record flight data to correct "errors" in the previous published versions. 

Fishing:
The National Marine Fisheries Service has new rules for catching sharks in the Gulf of Mexico, which could also affect fishing in the Atlantic and Caribbean.