Fiscal Service 2008 – Federal Register Recent Federal Regulation Documents

Prompt Payment Interest Rate; Contract Disputes Act
Document Number: E8-30932
Type: Notice
Date: 2008-12-30
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
For the period beginning January 1, 2009, and ending on June 30, 2009, the prompt payment interest rate is 5\5/8\ per centum per annum.
Collateral Acceptability and Valuation
Document Number: E8-29440
Type: Rule
Date: 2008-12-12
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
The Department of the Treasury is amending regulations that govern the acceptability and valuation of collateral pledged to secure deposits of public monies and other financial interests of the government under Treasury's three Fiscal Service collateral programs. This final rule is a nonsubstantive, technical amendment that updates a Web site and a postal mailing address referenced in those regulations.
Surety Companies Acceptable on Federal Bonds: Allegheny Surety Company
Document Number: E8-28890
Type: Notice
Date: 2008-12-09
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 5 to the Treasury Department Circular 570, 2008 Revision, published July 1, 2008, at 73 FR 37644.
Offering of United States Savings Bonds, Series I
Document Number: E8-26173
Type: Rule
Date: 2008-11-04
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
A Series I savings bond accrues interest based on both a fixed rate of return and a semiannual inflation rate. A single, annual interest rate called the composite rate reflects the combined effects of the fixed rate and the semiannual inflation rate. This amendment clarifies that the fixed rate of return and the composite rate will always be greater than or equal to 0%. This amendment is for clarification purposes only and makes no substantive change to the existing regulations.
Fee Schedule for the Transfer of U.S. Treasury Book-Entry Securities Held on the National Book-Entry System
Document Number: E8-26100
Type: Notice
Date: 2008-11-03
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
The Department of the Treasury is announcing a new fee schedule applicable to transfers of U.S. Treasury book-entry securities maintained on the National Book-Entry System (NBES) that occur on or after January 2, 2009. The basic fee for the transfer of a Treasury book-entry security will increase from $.28 to $.30. The Federal Reserve funds movement fee will remain at $.05, resulting in a combined fee of $.35 for each Treasury securities transfer. In addition to the basic fee, off-line transfers have a surcharge. The surcharge for an off-line Treasury book-entry transfer will remain $33.00.
Surety Companies Acceptable on Federal Bonds: Trinity Universal Insurance Company
Document Number: E8-25365
Type: Notice
Date: 2008-10-27
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 3 to the Treasury Department Circular 570, 2008 Revision, published July 1, 2008, at 73 FR 37644.
Notice of Rate for Use in Federal Debt Collection and Discount and Rebate Evaluation
Document Number: E8-24451
Type: Notice
Date: 2008-10-17
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
Pursuant to section 11 of the Debt Collection Act of 1982, as amended, (31 U.S.C. 3717), the Secretary of the Treasury is responsible for computing and publishing the percentage rate to be used in assessing interest charges for outstanding debts owed to the Government. Treasury's Cash Management Requirements (TFM Volume I, Part 6, Chapter 8000) prescribe use of this rate by agencies as a comparison point in evaluating the cost effectiveness of a cash discount. In addition, 5 CFR 13 15.8 of the Prompt Payment rule on ``Rebates'' requires that this rate be 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 is 3.00 percent for calendar year 2009.
Surety Companies Acceptable on Federal Bonds: Brierfield Insurance Company
Document Number: E8-23593
Type: Notice
Date: 2008-10-07
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 4 to the Treasury Department Circular 570, 2008 Revision, published July 1, 2008, at 73 FR 37644.
Surety Companies Acceptable on Federal Bonds-Termination: Trinity Universal Insurance Company
Document Number: E8-22089
Type: Notice
Date: 2008-09-23
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 2 to the Treasury Department Circular 570, 2008 Revision, published July 1, 2008, at 73 FR 37644.
Financial Management Service Proposed Collection of Information: Annual Letters-Certificates of Authority (A) and Admitted Reinsurer (B)
Document Number: E8-21612
Type: Notice
Date: 2008-09-17
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
The Financial Management Service, 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 a continuing information collection. By this notice, the Financial Management Service solicits comments concerning the ``Annual Letters Certificates of Authority (A) and Admitted Reinsurer (B).''
Federal Government Participation in the Automated Clearing House
Document Number: E8-20575
Type: Rule
Date: 2008-09-10
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
We are amending our regulation governing the use of the Automated Clearing House (ACH) system by Federal agencies. The rule adopts, with some exceptions, the ACH 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 rule to address changes to the ACH Rules set forth in NACHA's 2006 ACH Rules book and 2007 ACH Rules book. We are adopting all of the changes that NACHA published in the 2006 ACH Rules book and 2007 ACH Rules book, except certain changes to the self- audit provisions of the ACH Rules, which we have previously determined are not appropriate for the Federal government. This rule follows publication of a January 9, 2008 proposed rule and adopts the provisions of the proposed rule without change. In addition, the rule provides two exceptions to existing deposit account requirements. Generally, an ACH credit entry representing a Federal payment other than a vendor payment must be deposited into a deposit account at a financial institution in the name of the recipient. On April 25, 2005, Treasury waived this requirement in order to allow some or all of the amount to be reimbursed to a Federal employee for official travel credit card charges to be disbursed directly to the credit card issuing bank. The rule codifies this waiver. The rule also provides an exception from existing deposit account requirements in cases where a Federal payment is to be disbursed through a debit card, stored value card, prepaid card or similar payment card program established by the Financial Management Service (Service).
Surety Companies Acceptable on Federal Bonds: Axis Insurance Company
Document Number: E8-17439
Type: Notice
Date: 2008-07-30
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 1 to the Treasury Department Circular 570, 2008 Revision, published July 1, 2008, at 73 FR 37644.
Rate for Use in Federal Debt Collection and Discount and Rebate Evaluation
Document Number: E8-16250
Type: Notice
Date: 2008-07-17
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
Pursuant to Section 11 of the Debt Collection Act of 1982, as amended, (31 U.S.C. 3717), the Secretary of the Treasury is responsible for computing and publishing the percentage rate to be used in assessing interest charges for outstanding debts owed to the Government. Treasury's Cash Management Requirements (1 TFM 6-8000) prescribe use of this rate by agencies as a comparison point in evaluating the cost-effectiveness of a cash discount. In addition, 5 CFR 1315.8 of the Prompt Payment rule on ``Rebates'' requires that this rate be 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 is 3.00 percent for the remainder of the calendar year.
Prompt Payment Interest Rate; Contract Disputes Act
Document Number: E8-14769
Type: Notice
Date: 2008-07-01
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
For the period beginning July 1, 2008, and ending on December 31, 2008, the prompt payment interest rate is 5\1/8\ per centum per annum.
E8-14520
Document Number: E8-14520
Type: Notice
Date: 2008-07-01
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury, Part III, Companies Holding Certificates of Authority As Acceptable Sureties On
Surety Companies Acceptable on Federal Bonds-Termination: Madison Insurance Company
Document Number: E8-13583
Type: Notice
Date: 2008-06-19
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 17 to the Treasury Department Circular 570, 2007 Revision, published July 2, 2007, at 72 FR 36192.
Surety Companies Acceptable on Federal Bonds-Change in State of Incorporation; The American Insurance Company
Document Number: E8-13515
Type: Notice
Date: 2008-06-19
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 16 to the Treasury Department Circular 570, 2007 Revision, published July 2, 2007, at 72 FR 36192.
Surety Companies Acceptable on Federal Bonds-Termination: Capital City Insurance Company, Inc
Document Number: E8-12427
Type: Notice
Date: 2008-06-04
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 15 to the Treasury Department Circular 570, 2007 Revision, published July 2, 2007, at 72 FR 36192.
Surety Companies Acceptable on Federal Bonds: American Service Insurance Company, Inc.
Document Number: E8-11218
Type: Notice
Date: 2008-05-21
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 14 to the Treasury Department Circular 570, 2007 Revision, published July 2, 2007, at 72 FR 36192.
Surety Companies Acceptable on Federal Bonds-Termination: Global Surety & Insurance Co.
Document Number: E8-11215
Type: Notice
Date: 2008-05-21
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 7 to the Treasury Department Circular 570, 2007 Revision, published July 2, 2007, at 72 FR 36192.
Surety Companies Acceptable on Federal Bonds-Termination: North Pointe Insurance Company
Document Number: E8-10503
Type: Notice
Date: 2008-05-13
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 13 to the Treasury Department Circular 570, 2007 Revision, published July 2, 2007, at 72 FR 36192.
Surety Companies Acceptable on Federal Bonds: Financial Casualty & Surety, Inc.
Document Number: E8-9960
Type: Notice
Date: 2008-05-07
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 11 to the Treasury Department Circular 570, 2007 Revision, published July 2, 2007, at 72 FR 36192.
Surety Companies Acceptable on Federal Bonds: Change-The Guarantee Company of North America USA
Document Number: E8-8448
Type: Notice
Date: 2008-04-21
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 9 to the Treasury Department Circular 570, 2007 Revision, published July 2, 2007, at 72 FR 36192.
Surety Companies Acceptable on Federal Bonds: ProCentury Insurance Company
Document Number: E8-8446
Type: Notice
Date: 2008-04-21
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 12 to the Treasury Department Circular 570, 2007 Revision, published July 2, 2007, at 72 FR 36192.
Surety Companies Acceptable on Federal Bonds: AXIS Reinsurance Company
Document Number: E8-7976
Type: Notice
Date: 2008-04-15
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 10 to the Treasury Department Circular 570, 2007 Revision, published July 2, 2007, at 72 FR 36192.
Surety Companies Acceptable on Federal Bonds: Plaza Insurance Company
Document Number: E8-7886
Type: Notice
Date: 2008-04-15
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 8 to the Treasury Department Circular 570, 2007 Revision, published July 2, 2007, at 72 FR 36192.
Sale and Issue of Marketable Book-Entry Treasury Bills, Notes, and Bonds-Minimum and Multiple Amounts Eligible for STRIPS, Legacy Treasury Direct, and Certification Requirements
Document Number: E8-5713
Type: Rule
Date: 2008-03-20
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
The Department of the Treasury (``Treasury'' or ``We'') is issuing in final form amendments to the Uniform Offering Circular for the Sale and Issue of Marketable Book-Entry Treasury Bills, Notes, and Bonds. The first change lowers the minimum and multiple par amounts of Treasury marketable notes, bonds, and Treasury inflation-protected securities (TIPS) that may be stripped from $1,000 to $100. The second change eliminates the provisions allowing depository institutions and dealers to submit customer bids in Treasury marketable securities auctions for securities that will be held in Legacy Treasury Direct. The third change eliminates the requirement that submitters that submit bids by computer provide a written certification that they are in compliance with the auction rules. Finally, this final rule adds technical clarification to the calculation of accrued interest for Treasury bonds and notes.
Change in the Legacy Treasury Direct Annual Maintenance Fee Schedule
Document Number: 08-1052
Type: Notice
Date: 2008-03-19
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
The Department of the Treasury is announcing a change in the fee schedule for the Legacy Treasury Direct investor account maintenance fee. Legacy Treasury Direct investor account maintenance fees are assessed annually for each investor account with security holdings in excess of $100,000 in par value, pursuant to the Regulations Governing Book-Entry Treasury Bonds, Notes and Bills Held in Legacy Treasury Direct.
Financial Management Service
Document Number: E8-4385
Type: Notice
Date: 2008-03-10
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
The Financial Management Service, 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 a continuing information collection. By this notice, the Financial Management Service solicits comments concerning the FMS 458 and FMS 459 forms ``Financial Institution Agreement and Application for Designation as a Treasury Tax and Loan Depositary; and Resolution Authorizing the Financial Institution Agreement and Application for Designation as a Treasury Tax and Loan Depositary.''
Surety Companies Acceptable on Federal Bonds: Rockwood Casualty Insurance Company
Document Number: 08-879
Type: Notice
Date: 2008-02-28
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 6 to the Treasury Department Circular 570, 2007 Revision, published July 2, 2007, at 72 FR 36192.
Financial Management Service; Proposed Collection of Information: List of Data (A) and List of Data (B)
Document Number: 08-510
Type: Notice
Date: 2008-02-06
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
The Financial Management Service, 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 a continuing information collection. By this notice, the Financial Management Service solicits comments concerning the form ``List of Data (A) and List of Data (B).''
Financial Management Service; Proposed Collection of Information: Schedule of Excess Risks
Document Number: 08-509
Type: Notice
Date: 2008-02-06
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
The Financial Management Service, 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 a continuing information collection. By this notice, the Financial Management Service solicits comments concerning the form ``Schedule of Excess Risks.''
Financial Management Service; Proposed Collection of Information: CMIA Annual Report and Direct Cost Claims
Document Number: 08-348
Type: Notice
Date: 2008-01-29
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
The Financial Management Service, 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 a continuing information collection. By this notice, the Financial Management Service solicits comments concerning the ``CMIA Annual Report and Direct Cost Claims.''
Federal Government Participation in the Automated Clearing House
Document Number: 08-22
Type: Proposed Rule
Date: 2008-01-09
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
We are proposing to amend our regulation which governs the use of the Automated Clearing House (ACH) system by Federal agencies. That regulation adopts, with some exceptions, the ACH 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 ACH Rules since the publication of NACHA's 2005 ACH Rules book. We are proposing to adopt, with one exception, all of the changes that NACHA has approved since the issuance of the 2005 ACH Rules book, as reflected in the 2007 ACH Rules book. In addition, the proposed rule would provide two exceptions to the deposit account requirement in the regulation. The regulation requires that an ACH credit entry representing a Federal payment other than a vendor payment be deposited into a deposit account at a financial institution in the name of the recipient. On April 21, 2005, Treasury waived this requirement in order to allow some or all of the amount to be reimbursed to a Federal employee for official travel credit card charges to be disbursed directly to the credit card issuing bank. The proposed rule would codify this waiver. The proposed rule would also provide an exception from the requirements in cases where a Federal payment is to be disbursed through a debit card, stored value card, prepaid card or similar payment card program established by the Financial Management Service (Service).
Surety Companies Acceptable on Federal Bonds: ULLICO Casualty Company
Document Number: 07-6278
Type: Notice
Date: 2008-01-04
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 5 to the Treasury Department Circular 570, 2007 Revision, published July 2, 2007, at 72 FR 36192.