Guidance on Cashing and Accepting for Deposit Federal Emergency Management Agency (FEMA) Disaster Assistance Checks and Government Benefit Checks Issued by the U.S. Treasury, 55958-55959 [05-19130]

Download as PDF 55958 Federal Register / Vol. 70, No. 184 / Friday, September 23, 2005 / Notices SUMMARY: Pursuant to 5 U.S.C. 4314(c)(4), this notice announces the appointment of members of the Departmental Offices Performance/ Bonus Review Board. The purpose of this Board is to review and make recommendations concerning proposed Performance ratings, bonuses and other appropriate personnel actions for incumbents of SES positions. The Board shall consist of at least three members. In the case of an appraisal of a career appointee, more than half the members shall consist of career appointees. The names and titles of the Board members are attached. FOR FURTHER INFORMATION CONTACT: Melissa Talavera, Supervisory Human Resources Specialist, Department of the Treasury, Office of Human Resources, 1500 Pennsylvania Avenue, NW., Washington, DC 20220, Telephone: (202) 622–1044. Joy Charles, Director, Office of Human Resources. FY 2005 PERFORMANCE/BONUS REVIEW BOARD [For listing in Federal Register] Name Official title Carfine, Kenneth E ............................................................. Fuller, Reese H .................................................................. Gardner, Janice B .............................................................. Gerardi, Geraldine A .......................................................... Granat, Rochelle ................................................................ Hammerle, Barbara C ........................................................ Hammond, Donald V .......................................................... Hobbs, Ira L ....................................................................... Lee, Nancy ......................................................................... Loevinger, David G ............................................................ Nunns, James R ................................................................ Pointer, Patricia J ............................................................... Relic, Rebecca L ................................................................ Schott, Charles G ............................................................... Shaw, Mary Beth ................................................................ Sills, Gay H ........................................................................ Sobel, Mark D .................................................................... Solomon, Eric ..................................................................... Werner, Robert W .............................................................. [FR Doc. 05–19042 Filed 9–22–05; 8:45 am] BILLING CODE 4811–33–P DEPARTMENT OF THE TREASURY Fiscal Service Guidance on Cashing and Accepting for Deposit Federal Emergency Management Agency (FEMA) Disaster Assistance Checks and Government Benefit Checks Issued by the U.S. Treasury Financial Management Service, Fiscal Service, Treasury. SUMMARY: The Financial Management Service (FMS) is publishing additional guidance related to the cashing and accepting for deposit of U.S. Treasury checks for FEMA Disaster Assistance payments and Federal benefit payments (Treasury assistance and benefit checks), such as Social Security payments, to recipients who resided in areas affected by Hurricane Katrina. Depository institutions and retailers have experienced difficulty in confirming the identity of Hurricane Katrina evacuees seeking to cash Treasury checks. To encourage depository institutions and retailers to cash Treasury assistance and benefit checks for these individuals, FMS has AGENCY: VerDate Aug<31>2005 15:21 Sep 22, 2005 Jkt 205001 DAS for Fiscal Operations and Policy. ACD Program Director. Assistant Secretary for Intelligence and Analysis. Director for Business Taxation. Director, Office of DC Pensions. Deputy Director, Office of Foreign Assets Control. Fiscal Assistant Secretary. DAS & Chief Information Officer. DAS (Eurasia & Middle East). Director, Office of East Asian Nations. Director for Individual Taxation. Acting Deputy Assistant Secretary for Human Resources/CHCO. DAS (Pub Lia, Str Pl, Bus Dev). DAS (Trade & Invest Policy). Executive for DC Pensions Policy Development. Director, Office of International Investment. DAS (Intl Banking & Sec Markets). DAS (Regulatory Affairs). Director, Office of Foreign Assets Control. established an interim policy to relieve depository institutions from liability in a reclamation action based on a forged or unauthorized indorsement. Under the interim policy, Treasury will relieve depository institutions from liability for cashing or subsequently accepting for deposit a Treasury assistance or benefit check bearing a forged or unauthorized indorsement, provided that the procedures set forth in the interim policy are followed. The interim policy is effective for any Treasury assistance or benefit check cashed on or after September 3, 2005 and through November 14, 2005. DATES: You can download this notice at the following World Wide Web address: http://fms.treas.gov/ katrina_fedregister_fema.html. ADDRESSES: FOR FURTHER INFORMATION CONTACT: Ronald Cymbor, Director, Financial Processing Division, at (202) 874–7913 or ronald.cymbor@fms.treas.gov; or Natalie H. Diana, Senior Counsel, at 202 874–6680 or natalie.diana@fms.treas.gov. SUPPLEMENTARY INFORMATION: Depository institutions and other entities that cash or subsequently accept PO 00000 Frm 00144 Fmt 4703 Sfmt 4703 for deposit 1 U.S. Treasury checks are generally liable to Treasury for the amount of a check cashed over a forged or unauthorized indorsement. 31 CFR part 240. In order to ensure that Treasury checks have been properly indorsed by the payee, depository institutions and retailers typically request certain standard forms of identification from non-customers seeking to cash Treasury checks. However, in the extraordinary circumstances resulting from Hurricane Katrina, many individuals displaced from their homes and communities do not have standard forms of identification. Depository institutions and retailers have experienced difficulty in confirming the identity of Hurricane Katrina evacuees who are seeking to cash Treasury assistance and benefit checks. Treasury recognizes that it is critical that Hurricane Katrina evacuees be able to cash their Treasury assistance and benefit checks expeditiously and wishes to encourage depository institutions to 1 In this context, subsequently accepting a check for deposit pertains to the sequence of events by which a check is accepted for deposit by any number of depository institutions (after it is cashed by an individual) in order to present it to Treasury for payment. It does not refer to the depositing of a check by an individual. E:\FR\FM\23SEN1.SGM 23SEN1 Federal Register / Vol. 70, No. 184 / Friday, September 23, 2005 / Notices assist evacuees in obtaining funds for their basic needs. Accordingly, Treasury has established an interim policy to relieve depository institutions from liability for cashing or subsequently accepting for deposit a Treasury assistance or benefit check containing a forged or unauthorized indorsement if (1) the identity of the individual cashing the check was verified by calling a telephone number provided by the issuing agency for this purpose or (2) other prudent efforts to identify the individual were made. Depository institutions and other entities should consider documenting their efforts to verify the identity of individuals. Interim Policy for U.S. Treasury Checks for FEMA Disaster Assistance Payments and Federal Benefit Payments to Recipients Who Resided in Areas Affected by Hurricane Katrina Under Treasury’s interim policy, a depository institution will be relieved from liability in a check reclamation action based on a forged or unauthorized indorsement of a Treasury assistance or benefit check if the identity of the individual is verified at the time the check is cashed either by calling a telephone number provided by the issuing agency for this purpose or by other prudent efforts. Prudent efforts depend upon the circumstances of each situation, but might include one or more of the following: Seeking identification documents such as a driver’s license, military identification or passport; inspecting other documents such as utility bills, leases, or revolving charge bills; or comparing information provided by the individual to information obtained through electronic searches of consumer reporting agencies, public databases or other sources. This interim policy is effective for any Treasury assistance or benefit check cashed on or after September 3, 2005 and through November 14, 2005. Dated: September 21, 2005. Richard L. Gregg, Commissioner. [FR Doc. 05–19130 Filed 9–22–05; 8:45 am] BILLING CODE 4810–35–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Form 8902 Internal Revenue Service (IRS), Treasury. AGENCY: VerDate Aug<31>2005 15:21 Sep 22, 2005 Jkt 205001 Notice and request for comments. ACTION: SUMMARY: The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 104–13 (44 U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning Form 8902, Alternative Tax on Qualifying Shipping Activities. DATES: Written comments should be received on or before November 22, 2005 to be assured of consideration. ADDRESSES: Direct all written comments to Glenn Kirkland, Internal Revenue Service, room 6512, 1111 Constitution Avenue, NW., Washington, DC 20224. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of the form and instructions should be directed to Larnice Mack at Internal Revenue Service, room 6512, 1111 Constitution Avenue, NW., Washington, DC 20224, or at (202) 622– 3179, or through the Internet at (Larnice.Mack@irs.gov). Title: Alternative Tax on Qualifying Shipping Activities. OMB Number: 1545–XXXX. Form Number: 8902. Abstract: Form 8902 is used to elect the alternative tax on notional income from qualifying shipping activities and to figure the alternative tax. Current Actions: There are no changes being made to the form at this time. Type of Review: Emergency. Affected Public: Business or other forprofit organizations. Estimated Number of Respondents: 200. Estimated Time per Respondent: 17 hours, 19 minutes. Estimated Total Annual Burden Hours: 3,462. The following paragraph applies to all of the collections of information covered by this notice: An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless the collection of information displays a valid OMB control number. Books or records relating to a collection of information must be retained as long as their contents may become material in the administration of any internal revenue law. Generally, tax returns and tax return information are confidential, as required by 26 U.S.C. 6103. Frm 00145 Fmt 4703 Sfmt 4703 Request for Comments: Comments submitted in response to this notice will be summarized and/or included in the request for OMB approval. All comments will become a matter of public record. Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the functions of the agency, including whether the information shall have practical utility; (b) the accuracy of the agency’s estimate of the burden of the collection of information; (c) ways to enhance the quality, utility, and clarity of the information to be collected; (d) ways to minimize the burden of the collection of information on respondents, including through the use of automated collection techniques or other forms of information technology; and (e) estimates of capital or start-up costs and costs of operation, maintenance, and purchase of services to provide information. Approved: September 19, 2005. Glenn Kirkland, IRS Reports Clearance Officer. [FR Doc. 05–18993 Filed 9–22–05; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service SUPPLEMENTARY INFORMATION: PO 00000 55959 Proposed Collection; Comment Request for Form 8820 Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments. AGENCY: SUMMARY: The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 104–13 (44 U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning Form 8820, Orphan Drug Credit. DATES: Written comments should be received on or before November 22, 2005 to be assured of consideration. ADDRESSES: Direct all written comments to Glenn Kirkland, Internal Revenue Service, room 6512, 1111 Constitution Avenue, NW., Washington, DC 20224. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of the form and instructions should be directed to Larnice Mack at Internal Revenue Service, room 6512, E:\FR\FM\23SEN1.SGM 23SEN1

Agencies

[Federal Register Volume 70, Number 184 (Friday, September 23, 2005)]
[Notices]
[Pages 55958-55959]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-19130]


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DEPARTMENT OF THE TREASURY

Fiscal Service


Guidance on Cashing and Accepting for Deposit Federal Emergency 
Management Agency (FEMA) Disaster Assistance Checks and Government 
Benefit Checks Issued by the U.S. Treasury

AGENCY: Financial Management Service, Fiscal Service, Treasury.

SUMMARY: The Financial Management Service (FMS) is publishing 
additional guidance related to the cashing and accepting for deposit of 
U.S. Treasury checks for FEMA Disaster Assistance payments and Federal 
benefit payments (Treasury assistance and benefit checks), such as 
Social Security payments, to recipients who resided in areas affected 
by Hurricane Katrina. Depository institutions and retailers have 
experienced difficulty in confirming the identity of Hurricane Katrina 
evacuees seeking to cash Treasury checks. To encourage depository 
institutions and retailers to cash Treasury assistance and benefit 
checks for these individuals, FMS has established an interim policy to 
relieve depository institutions from liability in a reclamation action 
based on a forged or unauthorized indorsement. Under the interim 
policy, Treasury will relieve depository institutions from liability 
for cashing or subsequently accepting for deposit a Treasury assistance 
or benefit check bearing a forged or unauthorized indorsement, provided 
that the procedures set forth in the interim policy are followed.

DATES: The interim policy is effective for any Treasury assistance or 
benefit check cashed on or after September 3, 2005 and through November 
14, 2005.

ADDRESSES: You can download this notice at the following World Wide Web 
address: http://fms.treas.gov/katrina_fedregister_fema.html.

FOR FURTHER INFORMATION CONTACT: Ronald Cymbor, Director, Financial 
Processing Division, at (202) 874-7913 or ronald.cymbor@fms.treas.gov; 
or Natalie H. Diana, Senior Counsel, at 202 874-6680 or 
natalie.diana@fms.treas.gov.

SUPPLEMENTARY INFORMATION: Depository institutions and other entities 
that cash or subsequently accept for deposit \1\ U.S. Treasury checks 
are generally liable to Treasury for the amount of a check cashed over 
a forged or unauthorized indorsement. 31 CFR part 240. In order to 
ensure that Treasury checks have been properly indorsed by the payee, 
depository institutions and retailers typically request certain 
standard forms of identification from non-customers seeking to cash 
Treasury checks. However, in the extraordinary circumstances resulting 
from Hurricane Katrina, many individuals displaced from their homes and 
communities do not have standard forms of identification. Depository 
institutions and retailers have experienced difficulty in confirming 
the identity of Hurricane Katrina evacuees who are seeking to cash 
Treasury assistance and benefit checks.
---------------------------------------------------------------------------

    \1\ In this context, subsequently accepting a check for deposit 
pertains to the sequence of events by which a check is accepted for 
deposit by any number of depository institutions (after it is cashed 
by an individual) in order to present it to Treasury for payment. It 
does not refer to the depositing of a check by an individual.
---------------------------------------------------------------------------

    Treasury recognizes that it is critical that Hurricane Katrina 
evacuees be able to cash their Treasury assistance and benefit checks 
expeditiously and wishes to encourage depository institutions to

[[Page 55959]]

assist evacuees in obtaining funds for their basic needs. Accordingly, 
Treasury has established an interim policy to relieve depository 
institutions from liability for cashing or subsequently accepting for 
deposit a Treasury assistance or benefit check containing a forged or 
unauthorized indorsement if (1) the identity of the individual cashing 
the check was verified by calling a telephone number provided by the 
issuing agency for this purpose or (2) other prudent efforts to 
identify the individual were made. Depository institutions and other 
entities should consider documenting their efforts to verify the 
identity of individuals.

Interim Policy for U.S. Treasury Checks for FEMA Disaster Assistance 
Payments and Federal Benefit Payments to Recipients Who Resided in 
Areas Affected by Hurricane Katrina

    Under Treasury's interim policy, a depository institution will be 
relieved from liability in a check reclamation action based on a forged 
or unauthorized indorsement of a Treasury assistance or benefit check 
if the identity of the individual is verified at the time the check is 
cashed either by calling a telephone number provided by the issuing 
agency for this purpose or by other prudent efforts. Prudent efforts 
depend upon the circumstances of each situation, but might include one 
or more of the following: Seeking identification documents such as a 
driver's license, military identification or passport; inspecting other 
documents such as utility bills, leases, or revolving charge bills; or 
comparing information provided by the individual to information 
obtained through electronic searches of consumer reporting agencies, 
public databases or other sources.
    This interim policy is effective for any Treasury assistance or 
benefit check cashed on or after September 3, 2005 and through November 
14, 2005.

    Dated: September 21, 2005.
Richard L. Gregg,
Commissioner.
[FR Doc. 05-19130 Filed 9-22-05; 8:45 am]
BILLING CODE 4810-35-P