View Rule

View EO 12866 Meetings Printer-Friendly Version     Download RIN Data in XML

TREAS/FISCAL RIN: 1530-AA20 Publication ID: Fall 2023 
Title: Amendment to Surety Bond Regulations 

The Fiscal Service is amending its regulations governing surety companies doing business with the United States.  When a federal law requires a person to post a bond through a surety, the person satisfies the requirement if the bond is underwritten by a company that is certified by Treasury to write federal bonds.  Fiscal Service administers the regulations governing the issuance, renewal, and revocation of certificates of authority to surety companies to write or reinsure federal bonds.  Fiscal Service proposes to amend its regulations governing how it values the assets and liabilities of sureties to keep pace with changes in regulation of the surety industry occurring at the state and international levels.

Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 31 CFR 223   
Legal Authority: 5 U.S.C. 301    31 U.S.C. 321    31 U.S.C. 9304 to 9308   
Legal Deadline:  None
Action Date FR Cite
NPRM  03/03/2022  87 FR 12003   
NPRM Comment Period End  05/02/2022 
Final Action  12/00/2023 
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:
Neal Wilson
Department of the Treasury
Bureau of the Fiscal Service
401 14th Street SW.,
Washington, DC 20227
Phone:202 874-6680