[Federal Register Volume 59, Number 226 (Friday, November 25, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-28855]


[[Page Unknown]]

[Federal Register: November 25, 1994]


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DEPARTMENT OF THE TREASURY

Fiscal Service

31 CFR Part 210

RIN Number 1510-AA39

 

Federal Government Participation in the Automated Clearing House; 
Notice of Extension of Time for Comments

AGENCY: Financial Management Service, Fiscal Service, Treasury.

ACTION: Notice of proposed rulemaking; Extension of Time for Comments.

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SUMMARY: On September 30, 1994, the Financial Management Service issued 
a notice of proposed rulemaking that proposes to revise the regulations 
defining the responsibilities and liabilities of the Federal 
Government, Federal Reserve Banks, financial institutions, Receivers, 
and Originators doing business with the Government through the 
Automated Clearing House (ACH) system. (59 FR 50112). The revisions are 
intended to provide a regulatory basis for broader use of the ACH 
system to meet the future payment, collection and information flow 
needs of the Government. The revisions also are intended to bring 
Government regulations more in line with financial industry rules so as 
to eliminate, as much as possible, the need for the financial industry 
to operate under two sets of rules for processing ACH transactions. The 
date for filing comments is being extended at the request of various 
interested commenters.

DATES: The date for filing comments is extended to and including 
January 3, 1995.

ADDRESSES: Comments may be mailed to the Cash Management Policy and 
Planning Division, Financial Management Service, U.S. Department of the 
Treasury, Room 420, Liberty Center, 401 14th Street, S.W., Washington, 
DC 20227. Attention: Berenice Reed. Please note that the room number 
has been changed, and a name has been added.

FOR FURTHER INFORMATION CONTACT:
Berenice Reed (202) 874-6799 (Program Analyst); John Galligan (202) 
874-6657 (Director, Cash Management Policy and Planning Division); or 
Margaret Roy (Principal Attorney) (202) 874-6680. Please note the 
additional contact person, and new telephone number for John Galligan.

    Dated: November 16, 1994.
Michael T. Smokovich,
Acting Commissioner.
[FR Doc. 94-28855 Filed 11-23-94; 8:45 am]
BILLING CODE 4810-35-P