Department of Treasury October 28, 2011 – Federal Register Recent Federal Regulation Documents

Community Development Financial Institutions Fund
Document Number: 2011-27973
Type: Notice
Date: 2011-10-28
Agency: Department of the Treasury, Community Development Financial Institutions Fund, Department of Treasury
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 Community Development Financial Institutions Fund (the ``CDFI Fund'') within the Department of the Treasury is soliciting comments concerning the Bank Enterprise Award (``BEA'') Program Application.
Informal Entry Limit and Removal of a Formal Entry Requirement
Document Number: 2011-27879
Type: Proposed Rule
Date: 2011-10-28
Agency: Department of Homeland Security, Department of the Treasury, Department of Treasury
This document proposes to amend provisions in Customs and Border Protection (CPB) regulations to increase the informal entry limit from $2,000 to $2,500. Section 662 of the Customs Modernization provisions of the North American Free Trade Agreement Implementation Act raised the statutory limit by which the Secretary of the Treasury is authorized to prescribe rules and regulations for the declaration and entry of, among other things, imported merchandise when the aggregate value of the shipment does not exceed an amount specified, but not greater than $2,500. The current limit of $2000 was established in 1998 and while that dollar amount has been unchanged, inflation over the intervening years has reduced the value of that amount in real terms. Consequently, CBP proposes to raise the current informal entry amount to its maximum statutory limit in response to inflation that has occurred and thereby to reduce the administrative burden on importers and other entry filers. Moreover, CBP proposes to remove the language requiring formal entry for certain articles, because with the elimination of absolute quotas under the Agreement on Textiles and Clothing, CBP no longer needs to require formal entries for these articles. This document also makes non-substantive editorial and nomenclature changes.
United States Savings Bonds, Series EE, HH and I
Document Number: 2011-27740
Type: Rule
Date: 2011-10-28
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
Treasury is discontinuing the over-the-counter sales of definitive (paper) savings bonds. This includes sales through financial institutions and mail-in orders. The elimination of definitive savings bond issuances will reduce program costs, enhance customer service, and minimize environmental impact.