Terry,

The latest I heard was that the proposed rules probably won't be
finalized until spring or summer of 1998.  Hope that helps.

John Case
Assistant VP and Controller
Desert Research Institute
Reno, NV
(702) 673-7396

Terry A. May wrote:
>
>      OMB published proposed changes to OMB Circular A-21 on September 10,
> 1997 (62 FR 47721-47726).  One of the proposed changes was to change the
> base from S&W to MTDC for even the institutions calculating their IDC rates
> through use of the short-form.  I have no idea where this proposal stands.
> Terry-
>
> Terry A. May, Ph.D.                       Voice:    520-523-6788
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