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Notice

Notice of Interest Rate on Overdue Debts

A Notice by the Health and Human Services Department on 11/16/2004

Document Details

Information about this document as published in the Federal Register.

Printed version:
PDF
Publication Date:
11/16/2004
Agencies:
Department of Health and Human Services
Office of the Secretary
Document Type:
Notice
Document Citation:
69 FR 67146
Page:
67146-67147 (2 pages)
Document Number:
04-25357
Document Details
Published Document

This document has been published in the Federal Register. Use the PDF linked in the document sidebar for the official electronic format.

Start Preamble

Section 30.13 of the Department of Health and Human Services' claims collection regulations (45 CFR part 30) provides that the Secretary shall charge an annual rate of interest as fixed by the Secretary of the Treasury after taking into consideration private consumer Start Printed Page 67147rates of interest prevailing on the date that HHS becomes entitled to recovery. The rate generally cannot be lower than the Department of Treasury's current value of funds rate or the applicable rate determined from the “Schedule of Certified Interest Rates with Range of Maturities.” This rate may be revised quarterly by the Secretary of the Treasury and shall be published quarterly by the Department of Health and Human Services in the Federal Register.

The Secretary of the Treasury has certified a rate of 12% for the quarter ended September 30, 2004. This interest rate will remain in effect until such time as the Secretary of the Treasury notifies HHS of the change.

Start Signature

Dated: November 8, 2004.

George Strader,

Deputy Assistant Secretary, Finance.

End Signature End Preamble

[FR Doc. 04-25357 Filed 11-15-04; 8:45 am]

BILLING CODE 4150-02-M

Published Document