Fiscal Service 2010 – Federal Register Recent Federal Regulation Documents

Prompt Payment Interest Rate; Contract Disputes Act
Document Number: 2010-32856
Type: Notice
Date: 2010-12-29
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
For the period beginning January 1, 2011, and ending on June 30, 2011, the prompt payment interest rate is 2\5/8\ per centum per annum.
Surety Companies Acceptable on Federal Bonds: Termination-Penn Millers Insurance Company
Document Number: 2010-32299
Type: Notice
Date: 2010-12-27
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 5 to the Treasury Department Circular 570; 2010 Revision, published July 1, 2010, at 75 FR 38192.
Management of Federal Agency Disbursements
Document Number: 2010-32117
Type: Rule
Date: 2010-12-22
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
The Department of the Treasury (Treasury), Financial Management Service (FMS), is amending its regulation to require recipients of Federal nontax payments to receive payment by electronic funds transfer (EFT), effective May 1, 2011. The effective date is delayed until March 1, 2013, for individuals receiving Federal payments by check on May 1, 2011; and for individuals who file claims for Federal benefits before May 1, 2011, and request check payments when they file. Individuals who do not choose direct deposit of their payments to an account at a financial institution would be enrolled in the Direct Express[supreg] Debit MasterCard[supreg] card program, a prepaid card program established pursuant to terms and conditions approved by FMS. Treasury waives the EFT requirement for recipients born prior to May 1, 1921, who are receiving payments by paper check on March 1, 2013; for payments not eligible for deposit to a Direct Express[supreg] prepaid card account; and for recipients whose Direct Express[supreg] card has been suspended or cancelled. In addition, this rule establishes the criteria under which a payment recipient may request a waiver if the EFT requirement creates a hardship due to his or her mental impairment or remote geographic location.
Federal Government Participation in the Automated Clearing House
Document Number: 2010-32114
Type: Rule
Date: 2010-12-22
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
The Department of the Treasury, Financial Management Service (FMS) is amending its regulation governing the use of the Automated Clearing House (ACH) system by Federal agencies to permit the delivery of Federal payments to prepaid debit cards that meet certain criteria. To be eligible to receive Federal payments, a card must provide the cardholder with pass-through deposit or share insurance and the card account must not have an attached line of credit or loan feature that triggers automatic repayment from the card account. In addition, the issuer of the card account must provide the cardholder with all of the consumer protections that apply to a payroll card under the Federal Reserve Board's Regulation E.
Regulations Governing Book-Entry Treasury Bonds, Notes and Bills Held in Legacy Treasury Direct; Regulations Governing Securities Held in Treasury Direct
Document Number: 2010-31489
Type: Rule
Date: 2010-12-17
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
Treasury's retail electronic systems for holding Treasury marketable securities began with the goal of permitting investors to buy and hold marketable Treasury securities until maturity. As a cost- saving measure, Treasury is returning the Legacy Treasury Direct and TreasuryDirect systems to this initial vision by eliminating the SellDirect program that permits investors to sell their marketable securities on the open market through a Federal Reserve Bank. Investors will now need to transfer a marketable security to a broker or financial institution in order to effect a sale of the security prior to maturity.
Privacy Act of 1974, as Amended; System of Records
Document Number: 2010-31534
Type: Notice
Date: 2010-12-16
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
In accordance with the Privacy Act of 1974, as amended, the Financial Management Service gives notice of a proposed new Privacy Act system of records entitled ``Treasury/FMS .008-Mailing List Records.''
Financial Management Service; Proposed Collection of Information: Tax Time Card Account Pilot, Screening, Focus Groups, and Study
Document Number: 2010-30412
Type: Notice
Date: 2010-12-06
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 ``Tax Time Card Account Pilot Screening, Focus Groups, and Study.''
Securities Held in Treasury Direct
Document Number: 2010-28853
Type: Rule
Date: 2010-11-19
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
Treasury is enhancing TreasuryDirect to permit automatic purchases of savings bonds through a payroll savings plan.
Fee Schedule for the Transfer of U.S. Treasury Book-Entry Securities Held on the National Book-Entry System
Document Number: 2010-27699
Type: Notice
Date: 2010-11-03
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
The Department of the Treasury (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 3, 2011.
Current Value of Funds Rate
Document Number: 2010-26815
Type: Notice
Date: 2010-10-26
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 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 1.00 percent for calendar year 2011.
Surety Companies Acceptable on Federal Bonds: Darwin National Assurance Company
Document Number: 2010-24632
Type: Notice
Date: 2010-10-04
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 4 to the Treasury Department Circular 570, 2010 Revision, published July 1, 2010, at 75 FR 38192.
Surety Companies Acceptable on Federal Bonds: Amendment-Allegheny Casualty Company
Document Number: 2010-24635
Type: Notice
Date: 2010-10-01
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 2 to the Treasury Department Circular 570, 2010 Revision, published July 1, 2010, at 75 FR 38192.
Surety Companies Acceptable on Federal Bonds: Allied World Reinsurance Company
Document Number: 2010-24631
Type: Notice
Date: 2010-10-01
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 3 to the Treasury Department Circular 570, 2010 Revision, published July 1, 2010, at 75 FR 38192.
Senior Executive Service; Financial Management Service Performance Review Board (PRB)
Document Number: 2010-21995
Type: Notice
Date: 2010-09-07
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This notice announces the appointment of members to the Financial Management Service (FMS) Performance Review Board (PRB).
Regulations Governing Agencies for Issue of United States Savings Bonds; Offering of United States Savings Bonds, Series EE; Regulations Governing Definitive United States Savings Bonds, Series EE and HH; Offering of United States Savings Bonds, Series I
Document Number: 2010-21197
Type: Rule
Date: 2010-08-26
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
Treasury is discontinuing the issuance of definitive (paper) savings bonds through payroll savings plans.
Withholding of District of Columbia, State, City and County Income or Employment Taxes by Federal Agencies; Technical Amendment
Document Number: 2010-20684
Type: Rule
Date: 2010-08-20
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This document contains a technical amendment to the final regulation (31 CFR 215.3), published in the Federal Register of Friday, January 13, 2006, (71 FR 2150). The regulation provides procedures for
Surety Companies Acceptable on Federal Bonds; Change in State of Incorporation; National Trust Insurance Company
Document Number: 2010-20405
Type: Notice
Date: 2010-08-19
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 1 to the Treasury Department Circular 570, 2010 Revision, published July 1, 2010, at 75 FR 38192.
Financial Management Service; Proposed Collection of Information: Authorization Agreement for Preauthorized Payment (SF 5510)
Document Number: 2010-17447
Type: Notice
Date: 2010-07-21
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 5510, ``Authorization Agreement for Preauthorized Payment''.
Surety Companies Acceptable on Federal Bonds-Termination: Stonebridge Casualty Insurance Company
Document Number: 2010-15729
Type: Notice
Date: 2010-07-01
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 19 to the Treasury Department Circular 570, 2009 Revision, published July 1, 2009, at 74 FR 31536.
Companies Holding Certificates of Authority as Acceptable Sureties on Federal Bonds and as Acceptable Reinsuring Companies
Document Number: 2010-15687
Type: Notice
Date: 2010-07-01
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
Prompt Payment Interest Rate; Contract Disputes Act
Document Number: 2010-16050
Type: Notice
Date: 2010-06-30
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
For the period beginning July 1, 2010, and ending on December 31, 2010, the prompt payment interest rate is 3\1/8\ per centum per annum.
Surety Companies Acceptable on Federal Bonds-Change in State of Incorporation United States Fidelity and Guaranty Company
Document Number: 2010-15614
Type: Notice
Date: 2010-06-30
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 18 to the Treasury Department Circular 570, 2009 Revision, published July 1, 2009, at 74 FR 31536.
Surety Companies Acceptable on Federal Bonds-Change in Business Address and Redomestication; Safeco National Insurance Company
Document Number: 2010-15613
Type: Notice
Date: 2010-06-30
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 14 to the Treasury Department Circular 570, 2009 Revision, published July 1, 2009, at 74 FR 31536.
Surety Companies Acceptable on Federal Bonds-Terminations: Victore Insurance Company
Document Number: 2010-15066
Type: Notice
Date: 2010-06-24
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 17 to the Treasury Department Circular 570, 2009 Revision, published July 1, 2009, at 74 FR 31536.
Surety Companies Acceptable On Federal Bonds-Change in Business Address and Redomestication: First Liberty Insurance Corporation; Liberty Insurance Corporation; LM Insurance Corporation
Document Number: 2010-15064
Type: Notice
Date: 2010-06-24
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 13 to the Treasury Department Circular 570, 2009 Revision, published July 1, 2009, at 74 FR 31536.
Management of Federal Agency Disbursements
Document Number: 2010-14614
Type: Proposed Rule
Date: 2010-06-17
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
Federal law requires that, unless waived by the Secretary of the Treasury (Secretary), all Federal payments, other than payments made under the Internal Revenue Code of 1986, must be made electronically, that is, by electronic funds transfer (EFT). Direct deposit is the primary method that the Federal Government uses to make EFT payments. The Department of the Treasury (Treasury), Financial Management Service (FMS), is proposing to amend its regulation that describes the responsibilities of Federal agencies and recipients with respect to the electronic delivery of Federal payments and establishes the circumstances under which waivers from the EFT requirement are available.
Surety Companies Acceptable on Federal Bonds-Terminations: Commercial Alliance Insurance Company
Document Number: 2010-14260
Type: Notice
Date: 2010-06-15
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 16 to the Treasury Department Circular 570, 2009 Revision, published July 1, 2009, at 74 FR 31536.
Federal Government Participation in the Automated Clearing House
Document Number: 2010-11492
Type: Proposed Rule
Date: 2010-05-14
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
The Department of the Treasury, Financial Management Service (Service) is proposing to amend our regulation governing the use of the Automated Clearing House (ACH) system by Federal agencies. Our 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
Securities Held in TreasuryDirect
Document Number: 2010-11141
Type: Rule
Date: 2010-05-11
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
TreasuryDirect[supreg] is an account-based, book- entry, online system for purchasing, holding, and conducting transactions in Treasury securities. This final rule benefits TreasuryDirect[supreg] customers by simplifying the procedures for advance scheduling of marketable Treasury security purchases, enhancing the process of scheduling reinvestments of marketable Treasury securities, and improving the procedures when the proceeds of the maturing security are insufficient to pay for a new security.
Fiscal Service
Document Number: 2010-9979
Type: Notice
Date: 2010-04-29
Agency: Department of the Treasury, Fiscal Service, Public Debt Bureau, Department of Treasury
This is Supplement No. 12 to the Treasury Department Circular 570, 2009 Revision, published July 1, 2009, at 74 FR 31536.
Surety Companies Acceptable on Federal Bonds: Regent Insurance Company
Document Number: 2010-9906
Type: Notice
Date: 2010-04-29
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 11 to the Treasury Department Circular 570, 2009 Revision, published July 1, 2009, at 74 FR 31536.
Surety Companies Acceptable on Federal Bonds: General Casualty Company of Wisconsin
Document Number: 2010-9905
Type: Notice
Date: 2010-04-29
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 10 to the Treasury Department Circular 570, 2009 Revision, published July 1, 2009, at 74 FR 31536.
Financial Management Service; Proposed Collection of Information: Annual Financial Statement of Surety Companies-Schedule F
Document Number: 2010-9904
Type: Notice
Date: 2010-04-29
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 Form FMS-6314 ``Annual Financial Statement of Surety CompaniesSchedule F.''
Garnishment of Accounts Containing Federal Benefit Payments
Document Number: 2010-8899
Type: Proposed Rule
Date: 2010-04-19
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Railroad Retirement Board, Agencies and Commissions, Social Security Administration, Department of Veterans Affairs, Department of the Treasury, Office of Personnel Management
Treasury, SSA, VA, RRB and OPM (Agencies) are publishing for comment a proposed rule to implement statutory restrictions on the garnishment of Federal benefit payments. The Agencies are taking this action in response to recent developments in technology and debt collection practices that have led to an increase in the freezing of accounts containing Federal benefit payments. The proposed rule would establish procedures that financial institutions must follow when a garnishment order is received for an account into which Federal benefit payments have been directly deposited. The proposed rule would require financial institutions that receive a garnishment order for an account to determine whether any Federal benefit payments were deposited to the account within 60 calendar days prior to receipt of the order and, if so, would require the financial institution to ensure that the account holder has access to an amount equal to the sum of such payments in the account or to the current balance of the account, whichever is lower.
Surety Companies Acceptable on Federal Bonds: Pennsylvania Manufacturers' Association Insurance Company
Document Number: 2010-4941
Type: Notice
Date: 2010-03-10
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 8 to the Treasury Department Circular 570, 2009 Revision, published July 1, 2009, at 74 FR 31536.
Surety Companies Acceptable On Federal Bonds: Manufacturers Alliance Insurance Company
Document Number: 2010-4939
Type: Notice
Date: 2010-03-10
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 9 to the Treasury Department Circular 570, 2009 Revision, published July 1, 2009, at 74 FR 31536.
Surety Companies Acceptable on Federal Bonds: Pennsylvania Manufacturers Indemnity Company
Document Number: 2010-4938
Type: Notice
Date: 2010-03-10
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 7 to the Treasury Department Circular 570, 2009 Revision, published July 1, 2009, at 74 FR 31536.
Surety Companies Acceptable on Federal Bonds-Termination: Trinity Universal Insurance Company
Document Number: 2010-2673
Type: Notice
Date: 2010-02-10
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
This is Supplement No. 6 to the Treasury Department Circular 570, 2009 Revision, published July 1, 2009, at 74 FR 31536.
Financial Management Service; Proposed Collection of Information: Claim Against the United States for the Proceeds of a Government Check
Document Number: 2010-2077
Type: Notice
Date: 2010-02-04
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 FMS-1133 ``Claim Against the United States for the Proceeds of a Government Check.''
Financial Management Service; Proposed Collection of Information: Final Rule-Management of Federal Agency Disbursements.
Document Number: 2010-1482
Type: Notice
Date: 2010-01-27
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 ``Final Rule Management of Federal Agency Disbursements''.
Financial Management Service; Proposed Collection of Information: Direct Deposit Sign-Up Form
Document Number: 2010-1481
Type: Notice
Date: 2010-01-27
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 1199A ``Direct Deposit Sign-Up Form'' and Form 1200 ``Go Direct Sign Up Form for Direct Deposit of Federal Benefit Payments.''
Financial Management Service; Proposed Collection of Information: Assignment Form
Document Number: 2010-262
Type: Notice
Date: 2010-01-12
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 ``Assignment Form.''
Application and Renewal Fees Imposed on Surety Companies and Reinsuring Companies; Increase in Fees Imposed
Document Number: 2010-256
Type: Notice
Date: 2010-01-12
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
Effective December 31, 2009, The Department of the Treasury, Financial Management Service, is increasing the fees it imposes on and collects from surety companies and reinsuring companies.
Offset of Tax Refund Payments To Collect Past-Due, Legally Enforceable Nontax Debt; Correction
Document Number: 2010-20
Type: Rule
Date: 2010-01-06
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
The Department of the Treasury, Financial Management Service published a document in the Federal Register on Monday, December 28, 2009. That document inadvertently contained incorrect dates in the rule. This document corrects those dates.
Endorsement and Payment of Checks Drawn on the United States Treasury
Document Number: E9-31166
Type: Proposed Rule
Date: 2010-01-04
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
The Department of the Treasury, Financial Management Service (FMS), is proposing to amend its regulation governing the endorsement and payment of checks drawn on the United States Treasury, to provide that Treasury may direct Federal Reserve Banks to debit a financial institution's account at the financial institution's servicing Federal Reserve Bank for all check reclamations that the financial institution has not protested. Financial institutions will continue to have the right to file a protest with FMS if they believe a proposed reclamation is in error.