Notice of Rate To Be Used for Federal Debt Collection, and Discount and Rebate Evaluation, 61136 [2019-24534]

Download as PDF 61136 Federal Register / Vol. 84, No. 218 / Tuesday, November 12, 2019 / Notices DEPARTMENT OF THE TREASURY Fiscal Service Bureau of the Fiscal Service Notice of Rate To Be Used for Federal Debt Collection, and Discount and Rebate Evaluation Bureau of the Fiscal Service, Fiscal Service, Treasury. ACTION: Notice of rate to be used for Federal debt collection, and discount and rebate evaluation. AGENCY: VerDate Sep<11>2014 17:47 Nov 08, 2019 Jkt 250001 (Authority: 31 U.S.C. Section 3717). Ronda L. Kent, Assistant Commissioner, Payment Management and Chief Disbursing Officer. [FR Doc. 2019–24534 Filed 11–8–19; 8:45 am] BILLING CODE 4810–AS–P The Secretary of the Treasury is responsible for computing and publishing the percentage rate that is used in assessing interest charges for outstanding debts owed to the Government (The Debt Collection Act of 1982, as amended). This rate is also used by agencies as a comparison point in evaluating the cost-effectiveness of a cash discount. In addition, this rate is used in determining when agencies should pay purchase card invoices when the card issuer offers a rebate. Notice is hereby given that the applicable rate for calendar year 2020 is 2.00 percent. DATES: January 1, 2020 through December 31, 2020. FOR FURTHER INFORMATION CONTACT: Department of the Treasury, Bureau of the Fiscal Service, Payment Management, E-Commerce Division (LC–RM 349B), 3201 Pennsy Drive, Building E, Landover, MD 20785 (Telephone: 202–874–9428). SUPPLEMENTARY INFORMATION: The rate reflects the current value of funds to the Treasury for use in connection with Federal Cash Management systems and is based on investment rates set for purposes of Public Law 95–147, 91 Stat. 1227 (October 28, 1977). Computed each year by averaging Treasury Tax and Loan (TT&L) investment rates for the 12month period ending every September 30, rounded to the nearest whole percentage, for applicability effective each January 1. Quarterly revisions are made if the annual average, on a moving basis, changes by 2 percentage points. The rate for calendar year 2020 reflects the average investment rates for the 12month period that ended September 30, 2019. This percentage rate is used in assessing interest charges for outstanding debts owed to the Government, pursuant to the Debt Collection Act of 1982, as amended (31 U.S.C. 3717). This rate is also used by agencies as a comparison point in evaluating the cost-effectiveness of a cash discount. In addition, this rate is SUMMARY: used in determining when agencies should pay purchase card invoices when the card issuer offers a rebate (see 5 CFR 1315.8). Notice is hereby given that the applicable rate for calendar year 2020 is 2.00 percent. DEPARTMENT OF THE TREASURY Office of Foreign Assets Control Notice of OFAC Sanctions Actions Office of Foreign Assets Control, Treasury. ACTION: Notice. AGENCY: The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is publishing the names of one or more persons that have been placed on OFAC’s Specially Designated Nationals and Blocked Persons List based on OFAC’s determination that one or more applicable legal criteria were satisfied. All property and interests in property subject to U.S. jurisdiction of these persons are blocked, and U.S. persons are generally prohibited from engaging in transactions with them. DATES: See SUPPLEMENTARY INFORMATION section for effective date(s). FOR FURTHER INFORMATION CONTACT: OFAC: Associate Director for Global Targeting, tel.: 202–622–2420; Assistant Director for Sanctions Compliance & Evaluation, tel.: 202–622–2490; or Assistant Director for Licensing, tel.: 202–622–2480. SUPPLEMENTARY INFORMATION: SUMMARY: Electronic Availability The Specially Designated Nationals and Blocked Persons List and additional information concerning OFAC sanctions programs are available on OFAC’s website (www.treas.gov/ofac). Notice of OFAC Actions On November 4, 2019, OFAC determined that the property and interests in property subject to U.S. jurisdiction of the following persons are blocked under the relevant sanctions authorities listed below. Individuals 1. GOLPAYEGANI, Mohammad Mohammadi, Iran; DOB 1943; POB Golpayegan, Iran; Additional Sanctions Information—Subject to Secondary Sanctions; Gender Male (individual) [IRAN– EO13876]. PO 00000 Frm 00132 Fmt 4703 Sfmt 4703 Designated pursuant to section 1(a)(ii)(D) of E.O. 13876 for having acted or purported to act for or on behalf of, directly or indirectly, the SUPREME LEADER’S OFFICE, a person whose property and interests in property are blocked pursuant to E.O. 13876. 2. VELAYATI, Ali Akbar, Iran; DOB 25 Jun 1945; POB Shemiran, Tehran, Iran; Additional Sanctions Information—Subject to Secondary Sanctions; Gender Male (individual) [IRAN–EO13876]. Designated pursuant to section 1(a)(ii)(D) of E.O. 13876 for having acted or purported to act for or on behalf of, directly or indirectly, the SUPREME LEADER OF IRAN, a person whose property and interests in property are blocked pursuant to E.O. 13876. 3. RAISI, Ebrahim (a.k.a. RA’EESI, Sayyid Ibrahim; a.k.a. RAISOL–SADATI, Seyyid Ebrahim; a.k.a. RAIS–O–SADAT, Sayyid Ebrahim), Iran; DOB 14 Dec 1960; alt. DOB 01 Nov 1960 to 30 Nov 1960; alt. DOB 01 Dec 1960 to 31 Dec 1960; POB Masshad, Iran; nationality Iran; Additional Sanctions Information—Subject to Secondary Sanctions; Gender Male (individual) [IRAN– EO13876]. Designated pursuant to section 1(a)(ii)(B) of E.O. 13876 for being a person appointed to a position as a state official of Iran by the SUPREME LEADER OF IRAN, a person whose property and interests in property are blocked pursuant to E.O. 13876. 4. DEHGHAN, Hossein (a.k.a. DEHGHAN POUDEH, Hossein), Iran; DOB 1957; POB Poudeh, Isfahan, Iran; nationality Iran; Additional Sanctions Information—Subject to Secondary Sanctions; Gender Male (individual) [IRAN–EO13876]. Designated pursuant to section 1(a)(ii)(B) of E.O. 13876 for being a person appointed to a position as a state official of Iran by the SUPREME LEADER OF IRAN, a person whose property and interests in property are blocked pursuant to E.O. 13876. 5. HAGHANIAN, Vahid, Iran; DOB 01 Jan 1961 to 31 Dec 1962; POB Iran; nationality Iran; Additional Sanctions Information— Subject to Secondary Sanctions; Gender Male (individual) [IRAN–EO13876]. Designated pursuant to section 1(a)(ii)(D) of E.O. 13876 for having acted or purported to act for or on behalf of, directly or indirectly, the SUPREME LEADER OF IRAN, a person whose property and interests in property are blocked pursuant to E.O. 13876. 6. HADDAD–ADEL, Gholamali (a.k.a. HADDAD ADEL, Gholamali; a.k.a. HADDAD ADEL, Gholam-Ali; a.k.a. HADDADADEL, Gholam-Ali), Iran; DOB 1945; POB Tehran, Iran; nationality Iran; Additional Sanctions Information—Subject to Secondary Sanctions; Gender Male (individual) [IRAN– EO13876]. Designated pursuant to section 1(a)(ii)(D) of E.O. 13876 for having acted or purported to act for or on behalf of, directly or indirectly, the SUPREME LEADER OF IRAN, a person whose property and interests in property are blocked pursuant to E.O. 13876. 7. KHAMENEI, Mojtaba (a.k.a. KHAMENEI, Sayyed Mojtaba Hosseini), Iran; DOB 1969; POB Mashhad, Iran; nationality Iran; Additional Sanctions Information—Subject to Secondary Sanctions; Gender Male (individual) [IRAN–EO13876]. E:\FR\FM\12NON1.SGM 12NON1

Agencies

[Federal Register Volume 84, Number 218 (Tuesday, November 12, 2019)]
[Notices]
[Page 61136]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-24534]



[[Page 61136]]

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DEPARTMENT OF THE TREASURY

Fiscal Service

Bureau of the Fiscal Service


Notice of Rate To Be Used for Federal Debt Collection, and 
Discount and Rebate Evaluation

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

ACTION: Notice of rate to be used for Federal debt collection, and 
discount and rebate evaluation.

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

SUMMARY: The Secretary of the Treasury is responsible for computing and 
publishing the percentage rate that is used in assessing interest 
charges for outstanding debts owed to the Government (The Debt 
Collection Act of 1982, as amended). This rate is also used by agencies 
as a comparison point in evaluating the cost-effectiveness of a cash 
discount. In addition, this rate is used in determining when agencies 
should pay purchase card invoices when the card issuer offers a rebate. 
Notice is hereby given that the applicable rate for calendar year 2020 
is 2.00 percent.

DATES: January 1, 2020 through December 31, 2020.

FOR FURTHER INFORMATION CONTACT: Department of the Treasury, Bureau of 
the Fiscal Service, Payment Management, E-Commerce Division (LC-RM 
349B), 3201 Pennsy Drive, Building E, Landover, MD 20785 (Telephone: 
202-874-9428).

SUPPLEMENTARY INFORMATION: The rate reflects the current value of funds 
to the Treasury for use in connection with Federal Cash Management 
systems and is based on investment rates set for purposes of Public Law 
95-147, 91 Stat. 1227 (October 28, 1977). Computed each year by 
averaging Treasury Tax and Loan (TT&L) investment rates for the 12-
month period ending every September 30, rounded to the nearest whole 
percentage, for applicability effective each January 1. Quarterly 
revisions are made if the annual average, on a moving basis, changes by 
2 percentage points. The rate for calendar year 2020 reflects the 
average investment rates for the 12-month period that ended September 
30, 2019.
    This percentage rate is used in assessing interest charges for 
outstanding debts owed to the Government, pursuant to the Debt 
Collection Act of 1982, as amended (31 U.S.C. 3717). This rate is also 
used by agencies as a comparison point in evaluating the cost-
effectiveness of a cash discount. In addition, this rate is used in 
determining when agencies should pay purchase card invoices when the 
card issuer offers a rebate (see 5 CFR 1315.8). Notice is hereby given 
that the applicable rate for calendar year 2020 is 2.00 percent.

(Authority: 31 U.S.C. Section 3717).

Ronda L. Kent,
Assistant Commissioner, Payment Management and Chief Disbursing 
Officer.
[FR Doc. 2019-24534 Filed 11-8-19; 8:45 am]
BILLING CODE 4810-AS-P