Vol. 1 · No. 46Thursday, July 7, 2022

Small business rule changes: 4 entries flagged for owners.

Owner-readable summary of Federal Register, SBA, DOL, OFAC, and compliance updates published on Thursday, July 7, 2022. Scanned 4 source documents matching small-business terms; 4 warranted a closer look.

Department of the Treasury· Rule

Publication of Russian Harmful Foreign Activities Sanctions Regulations Web General Licenses 25B, 36, 37, and 38

SUMMARY: The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing four general licenses (GLs) issued pursuant to the Russian Harmful Foreign Activities Sanctions Regulations: GL 25B, GL 36, GL 37, and GL 38, each of which was previously issued on OFAC's website.

Owner check — Sanctions/trade action: re-screen vendors, customers, owners, and foreign counterparties before transactions.

Small Business Administration· Notice

Presidential Declaration Amendment of a Major Disaster for the State of New Mexico

Stage 2

SUMMARY: This is an amendment of the Presidential declaration of a major disaster for the State of NEW MEXICO (FEMA-4652-DR), dated 05/04/2022. Incident: Wildfires and Straight-line Winds. Incident Period: 04/05/2022 and continuing.

Owner check — SBA action: confirm whether financing, disaster assistance, eligibility, or SBIC exposure changes for your business.

Small Business Administration· Notice

Presidential Declaration of a Major Disaster for the State of Montana

Stage 2

SUMMARY: This is a Notice of the Presidential declaration of a major disaster for the State of MONTANA (FEMA-4655-DR), dated 06/30/2022. Incident: Severe Storm and Flooding. Incident Period: 06/10/2022 and continuing.

Owner check — SBA action: confirm whether financing, disaster assistance, eligibility, or SBIC exposure changes for your business.

Small Business Administration· Notice

Reporting and Recordkeeping Requirements Under OMB Review

SUMMARY: The Small Business Administration (SBA) is seeking approval from the Office of Management and Budget (OMB) for the information collection described below. In accordance with the Paperwork Reduction Act and OMB procedures, SBA is publishing this notice to allow all interested members of the public an…

Owner check — SBA action: confirm whether financing, disaster assistance, eligibility, or SBIC exposure changes for your business.