WASHINGTON, Dec. 23 -- Office of the Secretary has issued a proposed rule called: Debt Collection Authorities Under the Debt Collection Improvement Act of 1996.
The proposed rule was published in the Federal Register on Dec. 23 by Gary Grippo, Acting Fiscal Assistant Secretary.
Summary: The Department of the Treasury ("Treasury"), Bureau of the Fiscal Service ("Fiscal Service"), proposes to revise its existing regulations regarding the Treasury Offset Program ("TOP") for several reasons, including to: restore statutory flexibility that was unnecessarily restricted; implement new authorities; eliminate repetitive and unnecessary language; reword certain provisions for clarity, consistent with the requirements of the Plain Writing Act of 20...