United States Government Publishing Office publisher pbl distributor dst United States National Archives and Records Administration Office of the Federal Register author aut Government Organization text government publication eng FR Regulatory Information 2015_register executive 2018-02-22 article Rules and Regulations D09002ee1c7f778f7 D09002ee1c7f779e6 United States Department of Homeland Security originator org United States Government Agency or Subagency The Department of Homeland Security is amending its regulations addressing the payment of interest on cash bond deposits to explicitly provide that the Department of the Treasury (Treasury) will set the interest rate. Treasury will notify the public of its interest rate determinations by publishing the rates on the Treasury Web site or via another mechanism. Under the existing regulation, the current rate of interest paid on deposits securing cash bonds is 3 percent per annum. 8 U.S.C. 1363(a); 8 CFR 293.2. This final rulemaking is consistent with the requirement of 8 U.S.C. 1363(a) that interest payments shall be "at a rate determined by the Secretary of the Treasury, except that in no case shall the interest rate exceed 3 per centum per annum." 80 FR 34239 https://www.govinfo.gov/app/details/FR-2015-06-16/2015-14675 2015-14675 fr16jn15-1 RIN 1653-AA66 9111-28-P DHS Docket No. ICEB-2013-0002 https://www.govinfo.gov/app/details/FR-2015-06-16/2015-14675 https://www.govinfo.gov/content/pkg/FR-2015-06-16/html/2015-14675.htm https://www.govinfo.gov/content/pkg/FR-2015-06-16/pdf/2015-14675.pdf Administrative Practice and Procedure Aliens Bonds Immigration Interest Rate 4 p. 34239 34242 80 FR 34239 Title 8 Part 293 8 CFR Part 293 RIN 1653-AA66 Change to Existing Regulation Concerning the Interest Rate Paid on Cash Deposited To Secure Immigration Bonds; Federal Register Vol. 80, Issue RULE 2015-14675 DEPARTMENT OF HOMELAND SECURITY 2015-08-17 DHS Docket No. ICEB-2013-0002 9111-28-P 2015-14675 Final rule.

The Department of Homeland Security is amending its regulations addressing the payment of interest on cash bond deposits to explicitly provide that the Department of the Treasury (Treasury) will set the interest rate. Treasury will notify the public of its interest rate determinations by publishing the rates on the Treasury Web site or via another mechanism. Under the existing regulation, the current rate of interest paid on deposits securing cash bonds is 3 percent per annum. 8 U.S.C. 1363(a); 8 CFR 293.2. This final rulemaking is consistent with the requirement of 8 U.S.C. 1363(a) that interest payments shall be "at a rate determined by the Secretary of the Treasury, except that in no case shall the interest rate exceed 3 per centum per annum."

This rule is effective August 17, 2015. If you have questions on this rule, call or email Don Benoit, Bonds Branch Supervisor, Burlington Finance Center, P.O. Box 5000, Williston, VT 05495-5000. Telephone: (802) 288- 7630, email: Donald.R.Benoit@ice.dhs.gov. Administrative Practice and Procedure Aliens Bonds Immigration Interest Rate Interest Rate Paid on Cash Deposited to Secure Immigration Bonds , Donald.R.Benoit@ice.dhs.gov http://www.regulations.gov Vol. 80, no. 115 Office of the Federal Register, National Archives and Records Administration 2015-06-16 continuing daily deposited born digital 300 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 https://www.govinfo.gov/app/details/FR-2015-06-16 P0b002ee198872703 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:fr16jn15 https://www.govinfo.gov/app/details/FR-2015-06-16 https://www.govinfo.gov/content/pkg/FR-2015-06-16/pdf/FR-2015-06-16.pdf https://www.govinfo.gov/content/pkg/FR-2015-06-16/xml/FR-2015-06-16.xml fdlp 34239 34530 DGPO 2018-02-22 2024-06-02 FR-2015-06-16 machine generated eng FR FR-2015-06-16 80 115