Public Debt Bureau 2016 – Federal Register Recent Federal Regulation Documents
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Federal Government Participation in the Automated Clearing House
The Department of the Treasury, Bureau of the Fiscal Service (Fiscal Service) is proposing to amend its regulation governing the use of the Automated Clearing House (ACH) Network by Federal agencies. Our regulation adopts, with some exceptions, the NACHA Operating Rules developed by NACHAThe Electronic Payments Association (NACHA) as the rules governing the use of the ACH Network by Federal agencies. We are issuing this proposed rule to address changes that NACHA has made to the NACHA Operating Rules since the publication of the 2013 NACHA Operating Rules & Guidelines book. These changes include amendments set forth in the 2014, 2015, and 2016 NACHA Operating Rules & Guidelines books.
Notice of Rate To Be Used for Federal Debt Collection, and Discount and Rebate Evaluation
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 (codified at 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 (5 CFR 1315.8). Notice is hereby given that the applicable rate for calendar year 2017 is 1.00 percent.
Surety Companies Acceptable on Federal Bonds-Non-Renewal: Greenwich Insurance Company
This is Supplement No. 11 to the Treasury Department Circular 570, 2015 Revision, published July 1, 2015, at 80 FR 37735.
Prompt Payment Interest Rate; Contract Disputes Act
For the period beginning July 1, 2016, and ending on December 31, 2016, the prompt payment interest rate is 1\7/8\ per centum per annum.
Sale and Issue of Marketable Book-Entry Treasury Bills, Notes, and Bonds
The Department of the Treasury is making non-substantive technical corrections to its marketable securities auction rules.
Surety Companies Acceptable on Federal Bonds-Change In State of Incorporation, Lexington National Insurance Corporation
This is Supplement No. 7 to the Treasury Department Circular 570, 2015 Revision, published July 1, 2015, at 80 FR 37735.
Surety Companies Acceptable on Federal Bonds: Fair American Insurance and Reinsurance Company
This is Supplement No. 8 to the Treasury Department Circular 570, 2015 Revision, published July 1, 2015, at 80 FR 37735.
Debt Collection Authorities Under the Debt Collection Improvement Act of 1996
The Department of the Treasury, Bureau of the Fiscal Service, is amending its regulations concerning the offset of Federal benefit payments to collect past-due, legally enforceable nontax debt, centralized offset of Federal payments to collect nontax debts owed to the United States, salary offset, and transfer of debts to Treasury for collection. The amendment adjusts the time period in which Federal agencies must notify the Secretary of the Treasury of past due, nontax debt for the purposes of administrative offset. A statutory change, enacted as part of the Digital Accountability and Transparency Act of 2014, shortened the period of delinquency within which Federal agencies are required to notify the Secretary of past due, nontax debt from 180 days to 120 days.
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