Fee Change for Paying Agents Redeeming Definitive Savings Bonds and Savings Notes, 20123-20124 [2012-7951]

Download as PDF Federal Register / Vol. 77, No. 64 / Tuesday, April 3, 2012 / Notices The Financial Management Service, 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 a continuing information collection. By this notice, the Financial Management Service solicits comments concerning the form ‘‘Voucher for Payment of Awards.’’ DATES: Written comments should be received on or before June 4, 2012. ADDRESSES: Direct all written comments to Financial Management Service, 3700 East-West Highway, Records and Information Management Program Staff, Room 135, Hyattsville, Maryland 20782. FOR FURTHER INFORMATION CONTACT: Requests for additional information should be directed to Kevin McIntyre, Manager, Judgment Fund Branch, 3700 East-West Highway, Room 630F, Hyattsville, MD 20782, (202) 874–1130. SUPPLEMENTARY INFORMATION: Pursuant to the Paperwork Reduction Act of 1995, (44 U.S.C. 3506(c)(2)(A)), the Financial Management Service solicits comments on the collection of information described below: Title: Voucher for Payment of Awards. OMB Number: 1510–0037. Form Number: TFS 5135. Abstract: Awards certificate to Treasury are paid annually as funds are received from foreign governments. Vouchers are mailed to award holders showing payments due. Award holders sign vouchers certifying that he/she is entitled to payment. Executed vouchers are used as a basis for payment. Current Actions: Extension of currently approved collection. Type of Review: Regular. Affected Public: Individuals or households. Estimated Number of Respondents: 1,400. Estimated Time per Respondent: 30 minutes. Estimated Total Annual Burden Hours: 700. Comments: Comments submitted in response to this notice will be summarized and/or included in the request for Office of Management and Budget 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) mstockstill on DSK4VPTVN1PROD with NOTICES SUMMARY: VerDate Mar<15>2010 16:19 Apr 02, 2012 Jkt 226001 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. Dated: March 21, 2012. Patricia M. Greiner, Assistant Commissioner, Management, CFO. [FR Doc. 2012–7870 Filed 4–2–12; 8:45 am] BILLING CODE 4810–35–M DEPARTMENT OF THE TREASURY Fiscal Service Proposed Collection of Information: Claims Against the United States for Amounts Due in the Case of a Deceased Creditor Financial Management Service, Fiscal Service, Treasury. ACTION: Notice and request for comments. AGENCY: The Financial Management Service, 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 a continuing information collection. By this notice, the Financial Management Service solicits comments concerning ‘‘Claims Against the United States for Amounts Due in the Case of a Deceased Creditor’’. DATES: Written comments should be received on or before June 4, 2012. ADDRESSES: Direct all written comments to Financial Management Service, 3700 East West Highway, Records and Information Management Branch Staff, Room 135, Hyattsville, Maryland 20782. FOR FURTHER INFORMATION CONTACT: Requests for additional information should be directed to Kevin McIntyre, Judgment Fund Branch, 3700 East West Highway, Room 630F, Hyattsville, MD 20782, (202) 874–1130. SUPPLEMENTARY INFORMATION: Pursuant to the Paperwork Reduction Act of 1995, (44 U.S.C. 3506(c)(2)(A)), the Financial Management Service solicits comments on the collection of information described below: Title: Claim Against the United States for Amounts Due in the Case of a Deceased Creditor. OMB Number: 1510–0042. Form Number: SF–1055. Abstract: This form is required to determine who is entitled to the funds SUMMARY: PO 00000 Frm 00129 Fmt 4703 Sfmt 4703 20123 of a deceased Postal Savings depositor or deceased award holder. The form, with supporting documentation, enables the government to decide who is legally entitled to payment. Current Actions: Extension of currently approved collection. Type of Review: Regular. Affected Public: Individuals or households. Estimated Number of Respondents: 400. Estimated Time per Respondent: 1 hour. Estimated Total Annual Burden Hours: 400. Comments: Comments submitted in response to this notice will be summarized and/or included in the request for Office of Management and Budget 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. Dated: March 21, 2012. Patricia M. Greiner, Assistant Commissioner, Management, CFO. [FR Doc. 2012–7877 Filed 4–2–12; 8:45 am] BILLING CODE 4810–35–M DEPARTMENT OF THE TREASURY Fiscal Service Fee Change for Paying Agents Redeeming Definitive Savings Bonds and Savings Notes Bureau of the Public Debt, Fiscal Service, Treasury. ACTION: Notice. AGENCY: Effective April 11, 2012, the Department of the Treasury will no longer pay fees to paying agents for redeeming definitive savings bonds and savings notes. The purpose of this change is to reduce Treasury’s program costs. DATES: Effective Date: April 11, 2012. SUMMARY: E:\FR\FM\03APN1.SGM 03APN1 20124 Federal Register / Vol. 77, No. 64 / Tuesday, April 3, 2012 / Notices A copy of this Notice is available at http://www.gpoaccess.gov/ fr. DEPARTMENT OF THE TREASURY FOR FURTHER INFORMATION CONTACT: Designation of 4 Individuals and 2 Entities Pursuant to Executive Order 13224 of September 23, 2001, ‘‘Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten To Commit, or Support Terrorism’’ ADDRESSES: D. Michael Linder, Director, Division of Program Administration, Office of Retail Securities, Bureau of the Public Debt, at (304) 480–6319 or <mike.linder@bpd.treas.gov>. Ann Fowler, Attorney-Adviser, Brian Metz, Attorney-Adviser, Dean Adams, Assistant Chief Counsel, or Edward Gronseth, Deputy Chief Counsel, Office of the Chief Counsel, Bureau of the Public Debt, at (304) 480–8692 or <ann.fowler@bpd.treas.gov>. Beginning October 1, 1988, Treasury permitted paying agents to transmit and receive settlement for redeemed definitive savings bonds and savings notes through the EZ CLEAR system. The EZ CLEAR system required paying agents to manually sort and mail definitive savings bonds and savings notes to the appropriate Federal Reserve Bank or Branch. Treasury paid paying agents a 30-cent fee for each redeemed definitive savings bond or savings note presented through the EZ CLEAR system. Effective April 11, 2012, paying agents will begin to transition the submission of redeemed definitive savings bonds and savings notes from the EZ CLEAR process to an existing image-based process through the Federal Reserve. This simple and modern process allows paying agents to electronically transmit images of redeemed definitive savings bonds and savings notes to a Federal Reserve Processing Site for payment. Because the new process removes the manual sorting and mailing required by the former process, Treasury is eliminating the fee that it paid to paying agents for submitting redeemed definitive savings bonds and notes. The elimination of paying agent fees will result in significant program savings. This fee change is consistent with 31 CFR 321.23, which makes discretionary Treasury’s payment of fees to paying agents for the processing of redeemed definitive savings bonds and savings notes. Therefore, notice is hereby given that, effective April 11, 2012, Treasury will no longer pay fees to paying agents for the redemption of definitive savings bonds and savings notes. mstockstill on DSK4VPTVN1PROD with NOTICES SUPPLEMENTARY INFORMATION: Richard L. Gregg, Fiscal Assistant Secretary. [FR Doc. 2012–7951 Filed 4–2–12; 8:45 am] BILLING CODE 4810–39–P VerDate Mar<15>2010 17:51 Apr 02, 2012 Jkt 226001 Office of Foreign Assets Control Office of Foreign Assets Control, Treasury. ACTION: Notice. AGENCY: The Treasury Department’s Office of Foreign Assets Control (‘‘OFAC’’) is publishing the names of four individuals and two entities whose property and interests in property are blocked pursuant to Executive Order 13224 of September 23, 2001, ‘‘Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten To Commit, or Support Terrorism.’’ DATES: The designations by the Director of OFAC of the 4 individual(s) and 2 entit(ies) in this notice, pursuant to Executive Order 13224, are effective on March 27, 2012. FOR FURTHER INFORMATION CONTACT: Assistant Director, Compliance Outreach & Implementation, Office of Foreign Assets Control, Department of the Treasury, Washington, DC 20220, tel.: 202/622–2490. SUPPLEMENTARY INFORMATION: SUMMARY: Electronic and Facsimile Availability This document and additional information concerning OFAC are available from OFAC’s Web site (www.treas.gov/ofac) or via facsimile through a 24-hour fax-on-demand service, tel.: 202/622–0077. Background On September 23, 2001, the President issued Executive Order 13224 (the ‘‘Order’’) pursuant to the International Emergency Economic Powers Act, 50 U.S.C. 1701–1706, and the United Nations Participation Act of 1945, 22 U.S.C. 287c. In the Order, the President declared a national emergency to address grave acts of terrorism and threats of terrorism committed by foreign terrorists, including the September 11, 2001 terrorist attacks in New York, Pennsylvania, and at the Pentagon. The Order imposes economic sanctions on persons who have committed, pose a significant risk of committing, or support acts of terrorism. The President identified in the Annex to the Order, as amended by Executive Order 13268 of July 2, 2002, 13 individuals and 16 entities as subject to PO 00000 Frm 00130 Fmt 4703 Sfmt 4703 the economic sanctions. The Order was further amended by Executive Order 13284 of January 23, 2003, to reflect the creation of the Department of Homeland Security. Section 1 of the Order blocks, with certain exceptions, all property and interests in property that are in or hereafter come within the United States or the possession or control of United States persons, of: (1) Foreign persons listed in the Annex to the Order; (2) foreign persons determined by the Secretary of State, in consultation with the Secretary of the Treasury, the Secretary of the Department of Homeland Security and the Attorney General, to have committed, or to pose a significant risk of committing, acts of terrorism that threaten the security of U.S. nationals or the national security, foreign policy, or economy of the United States; (3) persons determined by the Director of OFAC, in consultation with the Departments of State, Homeland Security and Justice, to be owned or controlled by, or to act for or on behalf of those persons listed in the Annex to the Order or those persons determined to be subject to subsection 1(b), 1(c), or 1(d)(i) of the Order; and (4) except as provided in section 5 of the Order and after such consultation, if any, with foreign authorities as the Secretary of State, in consultation with the Secretary of the Treasury, the Secretary of the Department of Homeland Security and the Attorney General, deems appropriate in the exercise of his discretion, persons determined by the Director of OFAC, in consultation with the Departments of State, Homeland Security and Justice, to assist in, sponsor, or provide financial, material, or technological support for, or financial or other services to or in support of, such acts of terrorism or those persons listed in the Annex to the Order or determined to be subject to the Order or to be otherwise associated with those persons listed in the Annex to the Order or those persons determined to be subject to subsection 1(b), 1(c), or 1(d)(i) of the Order. On March 27, 2012 the Director of OFAC, in consultation with the Departments of State, Homeland Security, Justice and other relevant agencies, designated, pursuant to one or more of the criteria set forth in subsections 1(b), 1(c) or 1(d) of the Order, four individuals and two entities whose property and interests in property are blocked pursuant to Executive Order 13224. The listings for these individuals and entities on OFAC’s list of Specially Designated Nationals and Blocked Persons appear as follows: E:\FR\FM\03APN1.SGM 03APN1

Agencies

[Federal Register Volume 77, Number 64 (Tuesday, April 3, 2012)]
[Notices]
[Pages 20123-20124]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-7951]


-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Fiscal Service


Fee Change for Paying Agents Redeeming Definitive Savings Bonds 
and Savings Notes

AGENCY: Bureau of the Public Debt, Fiscal Service, Treasury.

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: Effective April 11, 2012, the Department of the Treasury will 
no longer pay fees to paying agents for redeeming definitive savings 
bonds and savings notes. The purpose of this change is to reduce 
Treasury's program costs.

DATES: Effective Date: April 11, 2012.

[[Page 20124]]


ADDRESSES: A copy of this Notice is available at http://www.gpoaccess.gov/fr.

FOR FURTHER INFORMATION CONTACT:
D. Michael Linder, Director, Division of Program Administration, Office 
of Retail Securities, Bureau of the Public Debt, at (304) 480-6319 or 
<mike.linder@bpd.treas.gov>.
Ann Fowler, Attorney-Adviser, Brian Metz, Attorney-Adviser, Dean Adams, 
Assistant Chief Counsel, or Edward Gronseth, Deputy Chief Counsel, 
Office of the Chief Counsel, Bureau of the Public Debt, at (304) 480-
8692 or <ann.fowler@bpd.treas.gov>.

SUPPLEMENTARY INFORMATION: Beginning October 1, 1988, Treasury 
permitted paying agents to transmit and receive settlement for redeemed 
definitive savings bonds and savings notes through the EZ CLEAR system. 
The EZ CLEAR system required paying agents to manually sort and mail 
definitive savings bonds and savings notes to the appropriate Federal 
Reserve Bank or Branch. Treasury paid paying agents a 30-cent fee for 
each redeemed definitive savings bond or savings note presented through 
the EZ CLEAR system.
    Effective April 11, 2012, paying agents will begin to transition 
the submission of redeemed definitive savings bonds and savings notes 
from the EZ CLEAR process to an existing image-based process through 
the Federal Reserve. This simple and modern process allows paying 
agents to electronically transmit images of redeemed definitive savings 
bonds and savings notes to a Federal Reserve Processing Site for 
payment. Because the new process removes the manual sorting and mailing 
required by the former process, Treasury is eliminating the fee that it 
paid to paying agents for submitting redeemed definitive savings bonds 
and notes. The elimination of paying agent fees will result in 
significant program savings.
    This fee change is consistent with 31 CFR 321.23, which makes 
discretionary Treasury's payment of fees to paying agents for the 
processing of redeemed definitive savings bonds and savings notes. 
Therefore, notice is hereby given that, effective April 11, 2012, 
Treasury will no longer pay fees to paying agents for the redemption of 
definitive savings bonds and savings notes.

Richard L. Gregg,
Fiscal Assistant Secretary.
[FR Doc. 2012-7951 Filed 4-2-12; 8:45 am]
BILLING CODE 4810-39-P