84 FR 201 pgs. 55567-55568 - Agency Information Collection Activities; Comment Request; DCIA Aging and Compliance Data Requirements for Guaranty Agencies
Type: NOTICEVolume: 84Number: 201Pages: 55567 - 55568
Pages: 55567, 55568Docket number: [Docket No.: ED-2019-ICCD-0132]
FR document: [FR Doc. 2019-22628 Filed 10-16-19; 8:45 am]
Agency: Education Department
Official PDF Version: PDF Version
[top]
DEPARTMENT OF EDUCATION
[Docket No.: ED-2019-ICCD-0132]
Agency Information Collection Activities; Comment Request; DCIA Aging and Compliance Data Requirements for Guaranty Agencies
AGENCY:
Federal Student Aid (FSA), Department of Education (ED).
ACTION:
Notice.
SUMMARY:
In accordance with the Paperwork Reduction Act of 1995, ED is proposing a new information collection.
DATES:
Interested persons are invited to submit comments on or before December 16, 2019.
ADDRESSES:
To access and review all the documents related to the information collection listed in this notice, please use http://www.regulations.gov by searching the Docket ID number ED-2019-ICCD-0132. Comments submitted in response to this notice should be submitted electronically through the Federal eRulemaking Portal at http://www.regulations.gov by selecting the Docket ID number or via postal mail, commercial delivery, or hand delivery. If the regulations.gov site is not available to the public for any reason, ED will temporarily accept comments at ICDocketMgr@ed.gov. Please include the docket ID number and the title of the information collection request when requesting documents or submitting comments. Please note that comments submitted by fax or email and those submitted after the comment period will not be accepted. Written requests for information or comments submitted by postal mail or delivery should be addressed to the Director of the Information Collection Clearance Division, U.S. Department of Education, 550 12th Street SW, PCP, Room 9086, Washington, DC 20202-0023.
FOR FURTHER INFORMATION CONTACT:
For specific questions related to collection activities, please contact Beth Grebeldinger, 202-377-4018.
SUPPLEMENTARY INFORMATION:
[top] The Department of Education (ED), in
Title of Collection: DCIA Aging and Compliance Data Requirements for Guaranty Agencies.
OMB Control Number: 1845-NEW.
Type of Review: A new information collection.
Respondents/Affected Public: Private Sector; State, Local, and Tribal Governments.
Total Estimated Number of Annual Responses: 550.
Total Estimated Number of Annual Burden Hours: 1,430.
Abstract: The Department is required to report to the U.S. Department of the Treasury (Treasury) the status and condition of its non-tax debt portfolio in accordance with the requirements of the Debt Collection Improvement Act of 1996 (DCIA) and the Digital Accountability and Transparency Act of 2014 (DATA Act).
The Department is unable to prepare an accurate and compliant Treasury Report based on the data it currently receives from its GAs. The new guidance will require the GAs to: Age debt according to DCIA; report the eligibility of DCIA-aged debt for referral to the Treasury Offset Program (TOP); and report compliance with Form 1099-C reporting.
The new reporting requirements are titled DCIA Aging and Compliance Data Requirements for Guaranty Agencies (the Requirements). The Department plans to issue the Requirements to the GAs by April 1, 2020 for implementation by the first quarter of FY 2021.
Dated: October 11, 2019.
Kate Mullan,
PRA Coordinator, Information Collection Clearance Program, Information Management Branch, Office of the Chief Information Officer.
[FR Doc. 2019-22628 Filed 10-16-19; 8:45 am]
BILLING CODE 4000-01-P