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Management of Federal Agency Disbursements

other · Fiscal Service · Rule · Published 2020-05-01 · Effective 2020-06-01 · 85 FR 25287

Document

Document number
2020-08058
Federal Register citation
85 FR 25287
CFR reference
31 CFR 208
Type
Rule
Action
Final rule.
Category
other
Sub-agency
Fiscal Service
Publication date
2020-05-01
Effective date
2020-06-01
Treasury docket
Docket No.: FISCAL-2018-0001

Abstract

The Department of the Treasury (Treasury), Bureau of the Fiscal Service (Fiscal Service or "we"), is adopting the changes proposed in its Notice of Proposed Rulemaking for its regulation that requires electronic delivery of all Federal payments aside from tax payments. The final rule eliminates obsolete references in the regulation, including references to the Electronic Transfer Account (ETA\SM\). In addition, the final rule provides for the disbursement of non-benefit payments, including tax payments, through Treasury- sponsored accounts, such as the U.S. Debit Card. The final rule does not mandate the electronic delivery of tax payments or affect the Direct Express[supreg] program, which will continue to be available to recipients of benefit payments.

Source

Authoritative
Federal Register document
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