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SBA | RIN: 3245-AF72 | Publication ID: Fall 2008 |
Title: Amendments to Debt Collection | |
Abstract: SBA amended its regulations regarding administrative wage garnishment to clarify terminology within the regulation and to streamline administrative wage garnishment hearing procedures. Specifically, references to SBA within 13 CFR section 140.11 are changed to the term Agency, defined as the SBA or any entity, public or private, that pursues recovery of the debt on the SBAs behalf. The purpose for this change is to allow Treasury and its contractors to collect debts on behalf of the SBA. Further, 13 CFR section 140.11 is changed such that administrative wage garnishment hearings will be conducted not at SBAs Office of Hearings and Appeals, but before a Hearing Official designated by SBA. This change will decrease the burden on the appellant because they will not have to prepare for full-fledged litigation. | |
Agency: Small Business Administration(SBA) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Completed Actions |
Major: No | Unfunded Mandates: No |
CFR Citation: 13 CFR 140.11 | |
Legal Authority: 15 USC 634(b)(6) |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Federalism: No | |
Included in the Regulatory Plan: No | |
Public Comment URL: www.regulations.gov | |
RIN Data Printed in the FR: No | |
Agency Contact: Walter C. Intlekofer Chief, Office Of Portfolio Management Small Business Administration 409 Third Street SW, Washington, DC 20416 Phone:202 205-7543 Email: walter.intlekofer@sba.gov |