2020-06773. Disposition of Proceeds From DoD Sales of Surplus Personal Property  

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    AGENCY:

    Office of the Under Secretary of Defense (Comptroller), DoD.

    ACTION:

    Final rule.

    SUMMARY:

    This final rule removes DoD's regulation that provides instructions to DoD Components on the collection and disposition of cash and cash equivalents received for the sale of DoD surplus personal property. Proceeds from the sale of surplus personal property shall be deposited by the collecting DoD Component promptly to a U.S. Treasury account. Process instructions are conveyed directly to potential buyers and bidders when invitation for bids are distributed or published. Therefore, this rule is unnecessary and can be removed from the CFR.

    DATES:

    This rule is effective on April 7, 2020.

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    FOR FURTHER INFORMATION CONTACT:

    Kellie Allison at 703-614-0410.

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    SUPPLEMENTARY INFORMATION:

    It has been determined that publication of this CFR part removal for public comment is impracticable, unnecessary, and contrary to public interest since it is based on removing DoD guidance that is not required to be codified and is publicly available on the Department's website. DoD guidance will continue to be published in DoD 7000.14-R, Financial Management Regulation, Volume 11A, Chapter 5, “Disposition of Proceeds from DoD Sales of Surplus Personal Property” available at http://comptroller.defense.gov/​Portals/​45/​documents/​fmr/​current/​11a/​11a_​05.pdf.

    This rule is not significant under Executive Order (E.O.) 12866, “Regulatory Planning and Review.” Therefore, E.O. 13771, “Reducing Regulation and Controlling Regulatory Costs,” does not apply.

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    List of Subjects in 32 CFR Part 172

    • Personal property
    • Recyclable material
    • Surplus Government property
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    PART 172—[REMOVED]

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    Accordingly, by the authority of 5 U.S.C. 301, 32 CFR part 172 is removed.

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    Dated: March 27, 2020.

    Aaron T. Siegel,

    Federal Register Liaison Officer, Department of Defense.

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    [FR Doc. 2020-06773 Filed 4-6-20; 8:45 am]

    BILLING CODE 5001-06-P

Document Information

Effective Date:
4/7/2020
Published:
04/07/2020
Department:
Defense Department
Entry Type:
Rule
Action:
Final rule.
Document Number:
2020-06773
Dates:
This rule is effective on April 7, 2020.
Pages:
19392-19392 (1 pages)
Docket Numbers:
Docket ID: DOD-2018-OS-0044
RINs:
0790-AK30: Disposition of Proceeds From DoD Sales of Surplus Personal Property
RIN Links:
https://www.federalregister.gov/regulations/0790-AK30/disposition-of-proceeds-from-dod-sales-of-surplus-personal-property
Topics:
Recycling, Surplus Government property
PDF File:
2020-06773.pdf
CFR: (1)
32 CFR 172