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TREAS/DO

RIN: 1505-AC44

Publication ID: Fall 2013

Title: Restore Act Program
Abstract: The RESTORE Act, which is part of the "Moving Ahead for Progress in the 21st Century Act" (Pub. L. 112-141) signed by the President on July 6, 2012, establishes the Gulf Coast Restoration Trust Fund in the Treasury and gives Treasury significant new programmatic responsibilities relating to expenditures of moneys from the Trust Fund. Treasury must issue compliance and auditing procedures for all five programs under the Act, administer two grant programs, and provide supplemental oversight for programs administered by the Gulf Coast Ecosystem Restoration Council. We intend to define our role and the role of others in these activities through the authority we have to issue binding procedures.
Agency: Department of the Treasury(TREAS)	Priority: Economically Significant
RIN Status: Previously published in the Unified Agenda	Agenda Stage of Rulemaking: Proposed Rule Stage
Major: Yes	Unfunded Mandates: No
CFR Citation: 31 CFR 34
Legal Authority: PL 112-141

Legal Deadline:

Action	Source	Description	Date
Final	Statutory		01/02/2013

Timetable:

Action	Date	FR Cite
NPRM	09/06/2013	78 FR 54801
NPRM Comment Period End	11/05/2013
Final Rule	01/00/2014

Regulatory Flexibility Analysis Required: No	Government Levels Affected: Undetermined
Small Entities Affected: No	Federalism: No
Included in the Regulatory Plan: No
RIN Data Printed in the FR: No
Agency Contact: Laurie McGilvray Department of the Treasury Departmental Offices 1500 Pennsylvania Avenue NW., Washington, DC 20220 Phone:202 622-2000