# Payment of Federal Taxes and the Treasury Tax and Loan Program
> **Fiscal Service** · Final rule. · Published 2002-03-15 · Effective 2002-04-15 · 67 FR 11573
## Document
- **Document number:** 02-5918
- **Category:** other
- **Sub-agency:** Fiscal Service
- **Federal Register citation:** 67 FR 11573
- **CFR reference:** 31 CFR 203
- **Publication date:** 2002-03-15
- **Effective date:** 2002-04-15
## Abstract

The Department of the Treasury (Treasury) is amending the regulation governing the Treasury Tax and Loan (TT&L) program, to provide the Secretary greater flexibility to adjust the rate of interest we charge on funds loaned through the existing TT&L investment option. In addition, Treasury is making regulatory changes that will allow us to test the feasibility of a new investment option known as the term investment option. The term investment option would provide financial institutions participating in the TT&L investment program with another option for borrowing Treasury funds. Under the term investment option, Treasury may invest excess balances with TT&L participants at a market based rate of interest for a predetermined period of time.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2002/03/15/02-5918/payment-of-federal-taxes-and-the-treasury-tax-and-loan-program)
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