Interest Rate Paid on Cash Deposited To Secure U.S. Immigration and Customs Enforcement Immigration Bonds, 1375 [2020-00189]
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Federal Register / Vol. 85, No. 7 / Friday, January 10, 2020 / Notices
on the website of the Department of the
Treasury (Treasury), and to request
public comments on the application
from interested parties, including
participants and beneficiaries, employee
organizations, and contributing
employers of the Fund.
DATES: Comments must be received by
February 24, 2020.
ADDRESSES: You may submit comments
electronically through the Federal
eRulemaking Portal at https://
www.regulations.gov, in accordance
with the instructions on that site.
Electronic submissions through
www.regulations.gov are encouraged.
Comments may also be mailed to the
Department of the Treasury, MPRA
Office, 1500 Pennsylvania Avenue NW,
Room 1224, Washington, DC 20220,
Attn: Danielle Norris. Comments sent
via facsimile or email will not be
accepted.
Additional Instructions. All
comments received, including
attachments and other supporting
materials, will be made available to the
public. Do not include any personally
identifiable information (such as your
Social Security number, name, address,
or other contact information) or any
other information in your comment or
supporting materials that you do not
want publicly disclosed. Treasury will
make comments available for public
inspection and copying on
www.regulations.gov or upon request.
Comments posted on the internet can be
retrieved by most internet search
engines.
For
information regarding the application
from the Fund, please contact Treasury
at (202) 622–1534 (not a toll-free
number).
FOR FURTHER INFORMATION CONTACT:
MPRA
amended the Internal Revenue Code to
permit a multiemployer plan that is
projected to have insufficient funds to
reduce pension benefits payable to
participants and beneficiaries if certain
conditions are satisfied. In order to
reduce benefits, the plan sponsor is
required to submit an application to the
Secretary of the Treasury, which must
be approved or denied in consultation
with the Pension Benefit Guaranty
Corporation (PBGC) and the Department
of Labor.
On December 13, 2019, the Board of
Trustees of the Fund submitted an
application for approval to reduce
benefits under the plan. As required by
MPRA, that application has been
published on Treasury’s website at
https://www.treasury.gov/services/
Pages/Plan-Applications.aspx. Treasury
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SUPPLEMENTARY INFORMATION:
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16:39 Jan 09, 2020
Jkt 250001
is publishing this notice in the Federal
Register, in consultation with PBGC and
the Department of Labor, to solicit
public comments on all aspects of the
Fund’s application.
Comments are requested from
interested parties, including
participants and beneficiaries, employee
organizations, and contributing
employers of the Fund. Consideration
will be given to any comments that are
timely received by Treasury.
Dated: January 3, 2020.
David Kautter,
Assistant Secretary for Tax Policy.
[FR Doc. 2020–00190 Filed 1–9–20; 8:45 am]
BILLING CODE 4810–25–P
DEPARTMENT OF THE TREASURY
Interest Rate Paid on Cash Deposited
To Secure U.S. Immigration and
Customs Enforcement Immigration
Bonds
Departmental Offices, Treasury.
ACTION: Notice.
1375
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. 2020–00189 Filed 1–9–20; 8:45 am]
BILLING CODE 4810–25–P
AGENCY:
For the period beginning
January 1, 2020, and ending on March
31, 2020, the U.S. Immigration and
Customs Enforcement Immigration
Bond interest rate is 1.61 per centum
per annum.
DATES: Rates are applicable January 1,
2020 to March 31, 2020.
ADDRESSES: Comments or inquiries may
be mailed to Will Walcutt, Supervisor,
Funds Management Branch, Funds
Management Division, Fiscal
Accounting, Bureau of the Fiscal
Services, Parkersburg, West Virginia
26106–1328.
You can download this notice at the
following internet addresses: https://
www.treasury.gov or https://
www.federalregister.gov.
FOR FURTHER INFORMATION CONTACT:
Ryan Hanna, Manager, Funds
Management Branch, Funds
Management Division, Fiscal
Accounting, Bureau of the Fiscal
Service, Parkersburg, West Virginia
261006–1328, (304) 480–5120; Will
Walcutt, Supervisor, Funds
Management Branch, Funds
Management Division, Fiscal
Accounting, Bureau of the Fiscal
Services, 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
SUMMARY:
PO 00000
Frm 00078
Fmt 4703
Sfmt 4703
U.S.-CHINA ECONOMIC AND
SECURITY REVIEW COMMISSION
Notice of Open Public Hearing
U.S.-China Economic and
Security Review Commission.
ACTION: Notice of open public hearing.
AGENCY:
Notice is hereby given of the
following hearing of the U.S.-China
Economic and Security Review
Commission.
The Commission is mandated by
Congress to investigate, assess, and
report to Congress annually on ‘‘the
national security implications of the
economic relationship between the
United States and the People’s Republic
of China.’’ Pursuant to this mandate, the
Commission will hold a public hearing
in Washington, DC on January 23, 2020
on ‘‘China’s Quest for Capital:
Motivations, Methods, and
Implications.’’
DATES: The hearing is scheduled for
Thursday, January 23, 2020 at 9:30 a.m.
ADDRESSES: TBD, Washington, DC. A
detailed agenda for the hearing will be
posted on the Commission’s website at
www.uscc.gov. Also, please check the
Commission’s website for possible
changes to the hearing schedule.
Reservations are not required to attend
the hearing.
FOR FURTHER INFORMATION CONTACT: Any
member of the public seeking further
information concerning the hearing
should contact Leslie Tisdale Reagan,
444 North Capitol Street NW, Suite 602,
Washington, DC 20001; telephone: 202–
SUMMARY:
E:\FR\FM\10JAN1.SGM
10JAN1
Agencies
[Federal Register Volume 85, Number 7 (Friday, January 10, 2020)]
[Notices]
[Page 1375]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-00189]
-----------------------------------------------------------------------
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 January 1, 2020, and ending on March
31, 2020, the U.S. Immigration and Customs Enforcement Immigration Bond
interest rate is 1.61 per centum per annum.
DATES: Rates are applicable January 1, 2020 to March 31, 2020.
ADDRESSES: Comments or inquiries may be mailed to Will Walcutt,
Supervisor, Funds Management Branch, Funds Management Division, Fiscal
Accounting, Bureau of the Fiscal Services, Parkersburg, West Virginia
26106-1328.
You can download this notice at the following internet addresses:
https://www.treasury.gov or https://www.federalregister.gov.
FOR FURTHER INFORMATION CONTACT: Ryan Hanna, Manager, Funds Management
Branch, Funds Management Division, Fiscal Accounting, Bureau of the
Fiscal Service, Parkersburg, West Virginia 261006-1328, (304) 480-5120;
Will Walcutt, Supervisor, Funds Management Branch, Funds Management
Division, Fiscal Accounting, Bureau of the Fiscal Services,
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. 2020-00189 Filed 1-9-20; 8:45 am]
BILLING CODE 4810-25-P