Fiscal Service – Federal Register Recent Federal Regulation Documents

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 4, 2010. The basic fee for the transfer of a Treasury book-entry security will increase from $.30 to $.31. The Federal Reserve funds movement fee will increase from $.05 to $.06, resulting in a combined fee of $.37 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.

This is Supplement No. 4 to the Treasury Department Circular 570, 2009 Revision, published July 1, 2009, at 74 FR 31536.

This notice announces the appointment of members to the Financial Management Service (EMS) Performance Review Board (PRB).

Treasury recently raised the customer confirmation reporting requirement threshold amount from $750 million to $2 billion for all Treasury marketable securities auctions. This final rule amends Treasury's auction rules to conform to the new $2 billion threshold amount.

This is Supplement No. I to the Treasury Department Circular 570, 2009 Revision, published July 1, 2009, at 74 FR 31536.

For the period beginning July 1, 2009, and ending on December 31, 2009, the prompt payment interest rate is 4\7/8\ per centum per annum.

This is Supplement No. 15 to the Treasury Department Circular 570, 2008 Revision, published July 1, 2008, at 73 FR 37644.

The Department of the Treasury, Financial Management Service, is proposing to amend its regulation governing the offset of tax refund payments to collect nontax debts owed to the United States. We are proposing to remove the ten-year time limitation on the collection of debts by tax refund offset. This change will allow for the use of tax refund offset to collect nontax debts owed to the United States irrespective of the amount of time the debt has been outstanding.

The Department of the Treasury is publishing a correction to the Privacy Act systems of records inventory maintained by the Financial Management Service (FMS) as published on May 15, 2009.

In accordance with the requirements of the Privacy Act of 1974, as amended, 5 U.S.C. 552a, Financial Management Service is publishing its inventory of Privacy Act systems of records.

This is Supplement No. 11 to the Treasury Department Circular 570, 2008 Revision, published June 30, 2008, at 73 FR 37644.

This is Supplement No. 10 to the Treasury Department Circular 570, 2008 Revision, published July 1, 2008, at 73 FR 37644.

TreasuryDirect is an account-based, book-entry, online system for purchasing, holding, and conducting transactions in Treasury securities. To date, TreasuryDirect has only been available for individual account owners. This final rule will permit certain specified entities to open accounts in TreasuryDirect.

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 form FMS 3144 ``Minority Bank Deposit Program (MBDP) Certification Form for Admission''.

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 ``Pools and AssociationsAnnual Letter.''

This is Supplement No. 9 to the Treasury Department Circular 570; 2008 Revision, published July 1, 2008, at 73 FR 37644.

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 forms FMS 150.1 ``Trace Request for Electronic Funds Transfer Payment'' and FMS-150.2 ``Trace Request Direct Deposit.''

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 ``Voucher for Payment of Awards.''

This is Supplement No. 7 to the Treasury Department Circular 570; 2008 Revision, published July 1, 2008, at 73 FR 37644.

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.

This is Supplement No. 5 to the Treasury Department Circular 570, 2008 Revision, published July 1, 2008, at 73 FR 37644.

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.

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.

This is Supplement No. 2 to the Treasury Department Circular 570, 2008 Revision, published July 1, 2008, at 73 FR 37644.

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).