[Code of Federal Regulations]
[Title 34, Volume 1]
[Revised as of July 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 34CFR33.44]

[Page 86]
 
                           TITLE 34--EDUCATION
 
PART 33_PROGRAM FRAUD CIVIL REMEDIES ACT--Table of Contents
 
Sec. 33.44  Right to administrative offset.

    The amount of any penalty or assessment that has become final, or 
for which a judgment has been entered under Sec. 33.42 or Sec. 33.43, 
or any amount agreed upon in a compromise or settlement under Sec. 
33.46, may be collected by administrative offset under 31 U.S.C. 3716, 
except that an administrative offset may not be under this section 
against a refund of an overpayment of Federal taxes, then or later owing 
by the United States to the defendant.

(Authority: 31 U.S.C. 3806)