Small Business Rule Changes — Monday, April 1, 2024

Vol. 1 · No. 479 — Monday, April 1, 2024

Small business rule changes: 3 entries flagged for owners.

Owner-readable summary of Federal Register, SBA, DOL, OFAC, and compliance updates published on Monday, April 1, 2024. Scanned 3 source documents matching small-business terms; 3 warranted a closer look.

Compliance checklist How to read the Register

Small Business Administration· Notice

Disaster Declaration #20239; Michigan Disaster Number MI-20012 Declaration of Economic Injury Administrative Declaration of an Economic Injury Disaster for the State of Michigan

SUMMARY: This is a notice of an Economic Injury Disaster Loan (EIDL) declaration for the State of Michigan dated 03/26/2024. Incident: Severe Drought. Incident Period: 02/20/2024 and continuing.

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

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Department of State· Notice

Notice of Department of State Sanctions Actions

SUMMARY: Pursuant to the authority in the Executive Order, “Blocking Property of Certain Persons with Respect to the Conventional Arms Activities of Iran,” and delegated authority, the Under Secretary of State for Arms Control and International Security, in consultation with the Secretary of the Treasury and the…

Owner check — Industry-specific action: operators in the named location or regulated activity should confirm dates, boundaries, and exemptions.

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Department of the Treasury· Notice

Notice of OFAC Sanctions Actions

SUMMARY: The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the name of one person whose property and interests in property have been unblocked and who has been removed from the Specially Designated Nationals and Blocked Persons List (SDN List).

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

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