The new regulation takes effect 30 days AFTER publication in the Federal Register. As of 31 December 2020, it HAS NOT been published in the "Fed" Register.
You can renew your license BUT NO SOONER than 90 days BEFORE the expiration date" As this time it looks that hams with licenses expiring as late as 31 March 2021 can renew without the new fee.
So, if you want to save $35.00, get off you butts and get moving!