FDIC Federal Register Citations

[Page 74907]

Federal Deposit Insurance Corporation (FDIC) Proposed Rule Stage

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4605. <bullet> PROCEDURES FOR THE COLLECTION OF CORPORATE DEBT BY
ADMINISTRATIVE OFFSET

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1819(a); 5 USC 5514; 31 USC 3711; 31 USC 3716

CFR Citation: 12 CFR 313

Legal Deadline: None

Abstract: This rulemaking establishes procedures for the collection of
debts owed the FDIC. The rulemaking also implements the Debt Collection
Improvement Act of 1996, which requires agencies to promulgate
regulations on this subject. The regulation sets forth the procedures
the FDIC would follow in collecting debts through salary offset,
administrative offset, and tax refund offset.

Timetable:
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Action Date FR Cite

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NPRM 11/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Manuel Palau, Counsel, Legal Division, Federal Deposit
Insurance Corporation, Washington, DC 20429
Phone: 202 898-8829

RIN: 3064-AC40
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