[Federal Register Volume 64, Number 243 (Monday, December 20, 1999)]
[Proposed Rules]
[Page 71233]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-32680]



  Federal Register / Vol. 64, No. 243 / Monday, December 20, 1999 / 
Proposed Rules  

[[Page 71233]]


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DEPARTMENT OF THE TREASURY

Fiscal Service

31 CFR Part 285

RIN 1510-AA78


Offset of Tax Refund Payments to Collect State Income Tax 
Obligations

AGENCY: Financial Management Service, Fiscal Service, Treasury.

ACTION: Notice of proposed rulemaking by cross-reference to interim 
regulations.

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SUMMARY: In the rules and regulations portion of this Federal Register, 
the Financial Management Service is issuing an interim rule setting 
forth the rules governing the offset of Federal tax refund payments to 
collect State income tax obligations. The Internal Revenue Service 
Restructuring and Reform Act of 1988 authorizes the Secretary of the 
Treasury to reduce or offset Federal tax refund payments to satisfy 
delinquent State income tax obligations. The interim rule also serves 
as the text of this notice of proposed rulemaking.

DATES: Comments will be accepted until January 19, 2000.

ADDRESSES: All comments should be addressed to Gerry Isenberg, 
Financial Program Specialist, Debt Management Services, Financial 
Management Service, Department of the Treasury, 401 14th Street S.W., 
Room 151, Washington, D.C. 20227. A copy of this interim rule is being 
made available for downloading from the Financial Management Service 
web site at the following address: http://www.fms.treas.gov.

FOR FURTHER INFORMATION CONTACT: Dean Balamaci, Division Director, Debt 
Management Services, at (202) 874-6660; Ellen Neubauer or Ronda Kent, 
Senior Attorneys, at (202) 874-6680.

SUPPLEMENTARY INFORMATION: The interim rule in this issue of the 
Federal Register establishes 31 CFR part 285.8. For the text of the 
interim rule, see Offset of Tax Refund payments to collect State Income 
Tax Obligations, Interim rule, published in the rules and regulations 
section of this issue of the Federal Register.

Regulatory Analyses

    This proposed rule is not a significant regulatory action as 
defined in Executive Order 12866. It is hereby certified that this 
proposed rule will not have a significant economic impact on a 
substantial number of small entities. The basis for this certification 
is that this proposed rule only impacts individuals who owe delinquent 
income tax debt to States and receive a Federal tax refund payment. 
Therefore, a regulatory flexibility analysis is not required.

List of Subjects in 31 CFR Part 285

    Administrative practice and procedures, Claims, Debts, Privacy, 
Taxes.
Richard L. Gregg,
Commissioner.
[FR Doc. 99-32680 Filed 12-17-99; 8:45 am]
BILLING CODE 4810-35-P