Federal Claims Collection; Collection of Debts by Federal Income Tax Refund Offset
other · US Department of Labor · Published 1995-08-11 · Effective 1995-09-11 · 60 FR 41016
Document
Document number
95-19876
Federal Register citation
60 FR 41016
CFR reference
29 CFR 20
Type
Rule
Action
Final rule; interim rule adopted as final with changes.
Category
other
Sub-agency
US Department of Labor
Publication date
1995-08-11
Effective date
1995-09-11
Abstract
The Department of Labor is completing its rulemaking to implement the requirement of the Cash Management Improvement Act Amendments of 1992 that Federal agencies refer delinquent debt to the Internal Revenue Service (IRS) for collection by offset from a Federal income tax refund that may be due to the delinquent debtor. These regulations are necessary for the Department's participation in the IRS offset program. The IRS offset program has proven to be a cost- effective mechanism for collection of delinquent debt.