83 FR 54807 - Proposed Collection of Information: Notice of Reclamation-Electronic Funds Transfer, Federal Recurring Payment
DEPARTMENT OF THE TREASURY
Bureau of the Fiscal Service Federal Register Volume 83, Issue 211 (October 31, 2018)
Bureau of the Fiscal Service
Federal Register Volume 83, Issue 211 (October 31, 2018)
| Page Range | 54807-54807 | |
| FR Document | 2018-23778 |
[Federal Register Volume 83, Number 211 (Wednesday, October 31, 2018)] [Notices] [Page 54807] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2018-23778] ----------------------------------------------------------------------- DEPARTMENT OF THE TREASURY Bureau of the Fiscal Service Proposed Collection of Information: Notice of Reclamation-- Electronic Funds Transfer, Federal Recurring Payment ACTION: Notice and request for comments. ----------------------------------------------------------------------- SUMMARY: 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. Currently the Bureau of the Fiscal Service within the Department of the Treasury is soliciting comments concerning the Notice of Reclamation--Electronic Funds Transfer, Federal Recurring Payment. DATES: Written comments should be received on or before December 31, 2018 to be assured of consideration. ADDRESSES: Direct all written comments and requests for additional information to Bureau of the Fiscal Service, Bruce A. Sharp, Room #4006-A, PO Box 1328, Parkersburg, WV 26106-1328, or [email protected]. SUPPLEMENTARY INFORMATION: Title: Notice of Reclamation--Electronic Funds Transfer, Federal Recurring Payment. OMB Number: 1530-0003. Form Number: FS Form 133. Abstract: FS Form 133 is utilized to notify financial institutions of an obligation to repay payments erroneously issued to a deceased Federal benefit payment recipient. The information collected from the financial institutions is used by Treasury to close out the request from a program agency to collect an EFT payment from the financial institution to which a beneficiary was not entitled. Current Actions: Extension of a currently approved collection. Type of Review: Regular. Affected Public: Business or other for-profit. Estimated Number of Respondents: 223,128. Estimated Time per Respondent: 8 minutes. Estimated Total Annual Burden Hours: 29,750. Request for Comments: Comments submitted in response to this notice will be summarized and/or included in the request for OMB approval. All comments will become a matter of public record. Comments are invited on: 1. Whether the collection of information is necessary for the proper performance of the functions of the agency, including whether the information shall have practical utility; 2. the accuracy of the agency's estimate of the burden of the collection of information; 3. ways to enhance the quality, utility, and clarity of the information to be collected; 4. ways to minimize the burden of the collection of information on respondents, including through the use of automated collection techniques or other forms of information technology; and 5. estimates of capital or start-up costs and costs of operation, maintenance, and purchase of services to provide information. Dated: October 25, 2018. Bruce A. Sharp, Bureau Clearance Officer. [FR Doc. 2018-23778 Filed 10-30-18; 8:45 am] BILLING CODE 4810-AS-P
![Federal Register / Vol. 83, No. 211 / Wednesday, October 31, 2018 / Notices 54807
Estimated Number of Respondents: to Bureau of the Fiscal Service, Bruce A. DEPARTMENT OF THE TREASURY
400. Sharp, Room #4006–A, PO Box 1328,
Estimated Time per Respondent: 27 Parkersburg, WV 26106–1328, or Fiscal Service
minutes. bruce.sharp@fiscal.treasury.gov.
Estimated Total Annual Burden Bureau of the Fiscal Service
Hours: 180. SUPPLEMENTARY INFORMATION:
Request for Comments: Comments Title: Notice of Reclamation— Fee Schedule for the Transfer of U.S.
submitted in response to this notice will Electronic Funds Transfer, Federal Treasury Book-Entry Securities Held
be summarized and/or included in the Recurring Payment. on the National Book-Entry System
request for OMB approval. All
comments will become a matter of OMB Number: 1530–0003. Authority: 31 CFR 357.45.
public record. Comments are invited on: Form Number: FS Form 133. AGENCY: Bureau of the Fiscal Service,
1. Whether the collection of information Abstract: FS Form 133 is utilized to Fiscal Service, Treasury.
is necessary for the proper performance notify financial institutions of an ACTION: Notice.
of the functions of the agency, including obligation to repay payments
whether the information shall have SUMMARY: The Department of the
erroneously issued to a deceased
practical utility; 2. the accuracy of the Treasury (Treasury) is announcing a
Federal benefit payment recipient. The
agency’s estimate of the burden of the new fee schedule applicable to transfers
collection of information; 3. ways to information collected from the financial of U.S. Treasury book-entry securities
enhance the quality, utility, and clarity institutions is used by Treasury to close maintained on the National Book-Entry
of the information to be collected; 4. out the request from a program agency System (NBES) that occur on or after
ways to minimize the burden of the to collect an EFT payment from the January 2, 2019.
collection of information on financial institution to which a DATES: Applicable January 2, 2019.
respondents, including through the use beneficiary was not entitled. FOR FURTHER INFORMATION CONTACT:
of automated collection techniques or Current Actions: Extension of a Brendan Griffiths, Bureau of the Fiscal
other forms of information technology; currently approved collection. Service, 202–504–3550.
and 5. estimates of capital or start-up SUPPLEMENTARY INFORMATION: Treasury
Type of Review: Regular.
costs and costs of operation, has established a fee structure for the
maintenance, and purchase of services Affected Public: Business or other for-
transfer of Treasury book-entry
to provide information. profit.
securities maintained on NBES.
Dated: October 25, 2018. Estimated Number of Respondents: Treasury reassesses this fee structure
Bruce A. Sharp, 223,128. periodically based on our review of the
Bureau Clearance Officer. Estimated Time per Respondent: 8 latest book-entry costs and volumes.
[FR Doc. 2018–23785 Filed 10–30–18; 8:45 am] minutes. For each Treasury securities transfer
or reversal sent or received on or after
BILLING CODE 4810–AS–P Estimated Total Annual Burden January 2, 2019, the basic fee will
Hours: 29,750. decrease from $0.97 to $0.90. The
DEPARTMENT OF THE TREASURY Request for Comments: Comments Federal Reserve System also charges a
submitted in response to this notice will funds movement fee for each of these
Bureau of the Fiscal Service be summarized and/or included in the transactions for the funds settlement
request for OMB approval. All component of a Treasury securities
Proposed Collection of Information: comments will become a matter of transfer.1 The surcharge for an off-line
Notice of Reclamation—Electronic public record. Comments are invited on: Treasury book-entry securities transfer
Funds Transfer, Federal Recurring will remain at $70.00. Off-line refers to
1. Whether the collection of information
Payment the sending and receiving of transfer
is necessary for the proper performance
messages to or from a Federal Reserve
Notice and request for
ACTION: of the functions of the agency, including
Bank by means other than on-line
comments. whether the information shall have access, such as by written, facsimile, or
practical utility; 2. the accuracy of the telephone voice instruction. The basic
SUMMARY: The Department of the agency’s estimate of the burden of the
Treasury, as part of its continuing effort transfer fee assessed to both sends and
collection of information; 3. ways to receives is reflective of costs associated
to reduce paperwork and respondent enhance the quality, utility, and clarity
burden, invites the general public and with the processing of securities
of the information to be collected; 4. transfers. The off-line surcharge, which
other Federal agencies to take this
ways to minimize the burden of the is in addition to the basic fee and the
opportunity to comment on proposed
collection of information on funds movement fee, reflects the
and/or continuing information
collections, as required by the respondents, including through the use additional processing costs associated
Paperwork Reduction Act of 1995. of automated collection techniques or with the manual processing of off-line
Currently the Bureau of the Fiscal other forms of information technology; securities transfers.
and 5. estimates of capital or start-up Treasury does not charge a fee for
Service within the Department of the
costs and costs of operation, account maintenance, the stripping and
Treasury is soliciting comments
maintenance, and purchase of services reconstitution of Treasury securities, the
concerning the Notice of Reclamation—
wires associated with original issues, or
amozie on DSK3GDR082PROD with NOTICES1
Electronic Funds Transfer, Federal to provide information.
Recurring Payment. Dated: October 25, 2018. 1 The Board of Governors of the Federal Reserve
DATES: Written comments should be Bruce A. Sharp, System sets this fee separately from the fees
received on or before December 31, 2018 Bureau Clearance Officer.
assessed by Treasury. As of January 2, 2018, that fee
to be assured of consideration. was $0.11 per transaction. For a current listing of
[FR Doc. 2018–23778 Filed 10–30–18; 8:45 am] the Federal Reserve System’s fees, please refer to
ADDRESSES: Direct all written comments https://www.frbservices.org/financial-services/
BILLING CODE 4810–AS–P
and requests for additional information securities/index.html.
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Document Created: 2018-10-31 00:32:31
Document Modified: 2018-10-31 00:32:31
| Category | Regulatory Information | |
| Collection | Federal Register | |
| sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
| Publisher | Office of the Federal Register, National Archives and Records Administration | |
| Section | Notices | |
| Action | Notice and request for comments. | |
| Dates | Written comments should be received on or before December 31, 2018 to be assured of consideration. | |
| FR Citation | 83 FR 54807 |
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