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TREAS/FISCAL RIN: 1530-AA19 Publication ID: Fall 2021 
Title: Payments by Banks and Other Financial Institutions of United States Savings Bonds and United States Savings Notes 
Abstract:

The Fiscal Service plans to amend the savings bond payment regulations in 31 CFR part 321 to formally add an option for paying agent financial institutions to digitally stamp payment information on paid bond images, instead of physically stamping the information on the original paid bonds.  This change will not impose any new burden on banks or customers, and will align the regulation with current practice that has been implemented under waiver authority.  The Fiscal Service also plans to amend the paper savings bond regulations to eliminate the current conversion and reissue transactions, which are expensive to process.

 
Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 31 CFR 321   
Legal Authority: 5 U.S.C. 301    12 U.S.C. 391    31 U.S.C. 321, 3105 and 3126   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  08/00/2022 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Lisa Martin
Attorney
Department of the Treasury
Bureau of the Fiscal Service
401 14th Street SW.,
Washington, DC 20227
Phone:202 874-6680