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Accordingly, recipients of federal payments need to get payment by immediate deposit to an account in the receiver’s fiscal establishment or by an electronically sent payment to the Treasury-sponsored account, or attain a waiver as set forth During this portion.
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Individual federal payment recipients tend not to require to obtain Treasury’s acceptance to benefit from the above mentioned waivers.
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DCIA, codified in pertinent section at 31 U.S.C. § 3716, calls for federal disbursing officers to withhold all or Section of federal payments produced to persons or entities that owe delinquent nontax debts to be able to satisfy debts. This method is referred to as “offset.” Fiscal Service has issued regulations governing offset of federal payments to collect delinquent nontax debt at 31 check here CFR 285.
Federal entities should really uniformly Adhere to the regulations underneath in connection with the designation from the payee or payees of presidency payments.
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