96-19491. Notice of Interest Rate on Overdue Debts  

  • [Federal Register Volume 61, Number 148 (Wednesday, July 31, 1996)]
    [Notices]
    [Page 39977]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 96-19491]
    
    
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    DEPARTMENT OF HEALTH AND HUMAN SERVICES
    
    Office of the Secretary
    
    
    Notice of Interest Rate on Overdue Debts
    
        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 rates 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 13\1/2\% for 
    the quarter ended June 30, 1996. This interest rate will remain in 
    effect until such time as the Secretary of the Treasury notifies HHS of 
    any change.
    
        Dated: July 23, 1996.
    George Strader,
    Deputy Assistant Secretary, Finance.
    [FR Doc. 96-19491 Filed 7-30-96; 8:45 am]
    BILLING CODE 4150-04-M
    
    
    

Document Information

Published:
07/31/1996
Department:
Health and Human Services Department
Entry Type:
Notice
Document Number:
96-19491
Pages:
39977-39977 (1 pages)
PDF File:
96-19491.pdf