[Code of Federal Regulations]

[Title 44, Volume 1]

[Revised as of October 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 44CFR11.38]



[Page 118]

 

              TITLE 44--EMERGENCY MANAGEMENT AND ASSISTANCE

 

 CHAPTER I--FEDERAL EMERGENCY MANAGEMENT AGENCY, DEPARTMENT OF HOMELAND 

                                SECURITY

 

PART 11_CLAIMS--Table of Contents

 

     Subpart C_Collection of Debts by the Government Under the Debt 

                         Collection Act of 1982

 

Sec.  11.38  Annual reports to the Director, Office of Management and 

Budget, and the Secretary of the Treasury.



    (a) The ACO shall gather data on loans, accounts receivable, and 

debts which are required by 31 U.S.C. 3719 and shall transmit them to 

the Director, Federal Emergency Management Agency. Such data shall 

include:

    (1) The total amount of loans and accounts receivable owed to the 

Agency and when the funds owed to the Agency are due to be repaid;

    (2) The total amount of receivables and number of debts that are at 

least thirty days past due;

    (3) Total amount written off as uncollectable, actual, and allowed 

for;

    (4) The rate of interest charged for overdue debts and the amount of 

interest charged and collected on debts;

    (5) The total number of debts and total amount collected;

    (6) The number of debts and the total amount of debts referred to 

the Department of Justice for settlement or collection and the total 

number of debts and the total amount of debts settled or collected by 

that Department;

    (7) For each program or activity administered by the Agency, the 

data described in paragraphs (a) (1) through (6) of this section; and

    (8) Such other data as the Director, Office of Management and 

Budget, shall prescribe by regulations issued under authority of 31 

U.S.C. 3719.

    (b) Data described in paragraph (a) of this section shall be 

collected on a calendar year basis and transmitted to the Director, FEMA 

not later than the end of January of the year following the year for 

which the data described in paragraph (a) of this section, were 

collected. The Director, FEMA, shall report these data to the Secretary 

of the Treasury and the Director, Office of Management and Budget in 

accordance with 31 U.S.C. 3719. If the Secretary of the Treasury and the 

Director, Office of Management and Budget prescribe, by regulation, a 

different annual reporting cycle, the Agency's reporting cycle, 

described in the first sentence of this subsection shall be changed to 

conform with the cycle prescribed by the Department of the Treasury and 

Office of Management and Budget regulation.