[Federal Register Volume 71, Number 157 (Tuesday, August 15, 2006)]
[Notices]
[Pages 46912-46913]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 06-6917]


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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

[[Page 46913]]

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 the 
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\5/8\% for 
the quarter ended June 30, 2006. This interest rate will remain in 
effect until such time as the Secretary of the Treasury notifies HHS of 
any change.

    Dated: August 9, 2006.
Jean Augustine,
Director, Office of Financial Policy and Reporting.
[FR Doc. 06-6917 Filed 8-14-06; 8:45 am]
BILLING CODE 4150-04-M