[Federal Register Volume 69, Number 220 (Tuesday, November 16, 2004)]
[Notices]
[Pages 67146-67147]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-25357]


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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

[[Page 67147]]

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 12% for the 
quarter ended September 30, 2004. This interest rate will remain in 
effect until such time as the Secretary of the Treasury notifies HHS of 
the change.

    Dated: November 8, 2004.
George Strader,
Deputy Assistant Secretary, Finance.
[FR Doc. 04-25357 Filed 11-15-04; 8:45 am]
BILLING CODE 4150-02-M