[Federal Register Volume 67, Number 22 (Friday, February 1, 2002)]
[Notices]
[Page 4965]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-2455]



[[Page 4965]]

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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 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 Federal Register.
    The Secretary of the Treasury has certified a rate of 12 \5/8\% for 
the quarter ended December 31, 2001. This interest rate will remain in 
effect until such time as the Secretary of the Treasury notifies HHS of 
any change.

    Dated: January 24, 2002.
George Strader,
Deputy Assistant Secretary, Finance.
[FR Doc. 02-2455 Filed 1-31-02; 8:45 am]
BILLING CODE 4150-04-M