95-12549. Efficiency, Effectiveness, and Equity in the Transfer of Federal Funds; Delegation of Authority

[Federal Register Volume 60, Number 99 (Tuesday, May 23, 1995)]
[Notices]
[Pages 27372-27373]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-12549]



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DEPARTMENT OF THE TREASURY

[Treasury Directive 16-25]


Efficiency, Effectiveness, and Equity in the Transfer of Federal 
Funds; Delegation of Authority

Dated: May 15, 1995.
    1. Delegation. By the authority granted to the Fiscal Assistant 
Secretary by Treasury Order (TO) 101-05, this Directive delegates to 
the Commissioner, Financial Management Service, the authority to 
perform any duty or function of the Secretary prescribed or required 
pursuant to 31 U.S.C. 3335 and 6503, including the issuing of 
regulations which are binding on executive agencies and govern the 
timely disbursement of Federal funds and entering into agreements with 
States concerning transfers of Federal funds to States.
    2. Redelegation. The Commissioner, Financial Management Service, 
may redelegate this authority in writing, and it may be exercised in 
the individual capacity and under the individual title of each official 
receiving such authority, except that regulations must have the 
approval of the Commissioner .
    3. Regulations. The issuance of any regulations pursuant to this 
Directive shall be in accordance with Treasury Directive 28-01, 
``Preparation and Review of Regulations.''
    4. Authorities.
    a. The Cash Management Improvement Act of 1990, Public Law 101-453, 
104 Stat. 1058, as amended, codified at 31 U.S.C. 3335, 6501, and 6503.
    b. TO 101-05, ``Reporting Relationships and Supervision of 
Officials, Offices and Bureaus, Delegation of Certain Authority, and 
Order of Succession in the Department of the Treasury.''
    5. Expiration. This Directive shall expire three years from the 
date of issuance unless superseded or cancelled prior to that date. 
[[Page 27373]] 
    6. Office of Primary Interest. Office of the Commissioner, 
Financial Management Service.
Gerald Murphy,
Fiscal Assistant Secretary.
[FR Doc. 95-12549 Filed 5-22-95; 8:45 am]
BILLING CODE 4810-25-P