Interest Rate Paid on Cash Deposited To Secure U.S. Immigration and Customs Enforcement Immigration Bonds, 51567 [2018-22195]

Download as PDF Federal Register / Vol. 83, No. 197 / Thursday, October 11, 2018 / Notices expected to decrease time burden by 1,000,000 and decrease out-of-pocket costs by $5,000,000. Form: Form 1040 and Schedules 1, 2, 3, 4, 5, 6 and associated forms and schedules. Affected Public: Individuals and households. Estimated Number of Respondents: 157,800,000. Frequency of Response: Annually, On Occasion. Estimated Total Number of Annual Responses: 157,800,000. Estimated Time per Response: 11.31 hours. Estimated Total Annual Burden Hours: 1.784 billion (1,784,000,000). Total Estimated Out-of-Pocket Costs: $31.764 billion ($31,764,000,000). Estimated Out-of-Pocket Cost per Respondent: $201. Total Estimated Monetized Burden: $60.225 billion ($60,225,000,000). Estimated Monetized Burden per Respondent: $381. Authority: 44 U.S.C. 3501 et seq. Dated: October 5, 2018. Spencer W. Clark, Treasury PRA Clearance Officer. [FR Doc. 2018–22180 Filed 10–10–18; 8:45 am] khammond on DSK30JT082PROD with NOTICES BILLING CODE 4810–01–P VerDate Sep<11>2014 20:54 Oct 10, 2018 Jkt 247001 DEPARTMENT OF THE TREASURY Interest Rate Paid on Cash Deposited To Secure U.S. Immigration and Customs Enforcement Immigration Bonds Departmental Offices, Treasury. Notice. AGENCY: ACTION: For the period beginning October 1, 2018, and ending on December 31, 2018, the U.S. Immigration and Customs Enforcement Immigration Bond interest rate is 2.08 per centum per annum. DATES: Rates are applicable October 1, 2018 to December 31, 2018. ADDRESSES: Comments or inquiries may be mailed to Sam Doak, Reporting Team Leader, Federal Borrowings Branch, Division of Accounting Operations, Office of Public Debt Accounting, Bureau of the Fiscal Service, Parkersburg, West Virginia, 26106–1328. You can download this notice at the following internet addresses: <http:// www.treasury.gov> or <http:// www.federalregister.gov>. FOR FURTHER INFORMATION CONTACT: Adam Charlton, Manager, Federal Borrowings Branch, Office of Public Debt Accounting, Bureau of the Fiscal Service, Parkersburg, West Virginia, 26106–1328, (304) 480–5248; Sam Doak, Reporting Team Leader, Federal Borrowings Branch, Division of SUMMARY: PO 00000 Frm 00133 Fmt 4703 Sfmt 9990 51567 Accounting Operations, Office of Public Debt Accounting, Bureau of the Fiscal Service, Parkersburg, West Virginia, 26106–1328, (304) 480–5117. SUPPLEMENTARY INFORMATION: Federal law requires that interest payments on cash deposited to secure immigration bonds shall be ‘‘at a rate determined by the Secretary of the Treasury, except that in no case shall the interest rate exceed 3 per centum per annum.’’ 8 U.S.C. 1363(a). Related Federal regulations state that ‘‘Interest on cash deposited to secure immigration bonds will be at the rate as determined by the Secretary of the Treasury, but in no case will exceed 3 per centum per annum or be less than zero.’’ 8 CFR 293.2. Treasury has determined that interest on the bonds will vary quarterly and will accrue during each calendar quarter at a rate equal to the lesser of the average of the bond equivalent rates on 91-day Treasury bills auctioned during the preceding calendar quarter, or 3 per centum per annum, but in no case less than zero. [FR Doc. 2015–18545] In addition to this Notice, Treasury posts the current quarterly rate in Table 2b— Interest Rates for Specific Legislation on the TreasuryDirect website. Gary Grippo, Deputy Assistant Secretary for Public Finance. [FR Doc. 2018–22195 Filed 10–10–18; 8:45 am] BILLING CODE 4810–25–P E:\FR\FM\11OCN1.SGM 11OCN1

Agencies

[Federal Register Volume 83, Number 197 (Thursday, October 11, 2018)]
[Notices]
[Page 51567]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-22195]


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

DEPARTMENT OF THE TREASURY


Interest Rate Paid on Cash Deposited To Secure U.S. Immigration 
and Customs Enforcement Immigration Bonds

AGENCY: Departmental Offices, Treasury.

ACTION: Notice.

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

SUMMARY: For the period beginning October 1, 2018, and ending on 
December 31, 2018, the U.S. Immigration and Customs Enforcement 
Immigration Bond interest rate is 2.08 per centum per annum.

DATES: Rates are applicable October 1, 2018 to December 31, 2018.

ADDRESSES: Comments or inquiries may be mailed to Sam Doak, Reporting 
Team Leader, Federal Borrowings Branch, Division of Accounting 
Operations, Office of Public Debt Accounting, Bureau of the Fiscal 
Service, Parkersburg, West Virginia, 26106-1328. You can download this 
notice at the following internet addresses: <http://www.treasury.gov> 
or <http://www.federalregister.gov>.

FOR FURTHER INFORMATION CONTACT: Adam Charlton, Manager, Federal 
Borrowings Branch, Office of Public Debt Accounting, Bureau of the 
Fiscal Service, Parkersburg, West Virginia, 26106-1328, (304) 480-5248; 
Sam Doak, Reporting Team Leader, Federal Borrowings Branch, Division of 
Accounting Operations, Office of Public Debt Accounting, Bureau of the 
Fiscal Service, Parkersburg, West Virginia, 26106-1328, (304) 480-5117.

SUPPLEMENTARY INFORMATION: Federal law requires that interest payments 
on cash deposited to secure immigration bonds shall be ``at a rate 
determined by the Secretary of the Treasury, except that in no case 
shall the interest rate exceed 3 per centum per annum.'' 8 U.S.C. 
1363(a). Related Federal regulations state that ``Interest on cash 
deposited to secure immigration bonds will be at the rate as determined 
by the Secretary of the Treasury, but in no case will exceed 3 per 
centum per annum or be less than zero.'' 8 CFR 293.2. Treasury has 
determined that interest on the bonds will vary quarterly and will 
accrue during each calendar quarter at a rate equal to the lesser of 
the average of the bond equivalent rates on 91-day Treasury bills 
auctioned during the preceding calendar quarter, or 3 per centum per 
annum, but in no case less than zero. [FR Doc. 2015-18545] In addition 
to this Notice, Treasury posts the current quarterly rate in Table 2b--
Interest Rates for Specific Legislation on the TreasuryDirect website.

Gary Grippo,
Deputy Assistant Secretary for Public Finance.
[FR Doc. 2018-22195 Filed 10-10-18; 8:45 am]
 BILLING CODE 4810-25-P