Search Results for keywords:"U.S. savings bonds"

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Search Results: keywords:"U.S. savings bonds"

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  • 2024-29988 — Disclosure of Records
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    Type:Rule
    Citation:89 FR 102735
    Reading Time:about 34 minutes

    The Bureau of the Fiscal Service, part of the U.S. Department of the Treasury, is implementing new regulations under the SECURE 2.0 Act of 2022. These regulations require the Treasury to provide states with information about unredeemed U.S. savings bonds to help locate their owners. However, the information can only be used for locating bond owners, not for claiming ownership through state escheatment laws, which attempt to take control of unclaimed property. The regulations also include privacy protections and prevent states from publicly sharing the information without Treasury's consent to avoid fraud and misuse.

    Simple Explanation

    The government wants to help find people who own special bonds they haven't collected yet by sharing information with States, but this info can only be used for finding bond owners and not for keeping the bonds. They also want to keep this info private to stop bad guys from cheating.

  • 2025-03303 — Agency Information Collection Activities; Submission for OMB Review; Comment Request; Multiple Bureau of Fiscal Service Information Collection Requests
    Type:Notice
    Citation:90 FR 10990
    Reading Time:about 3 minutes

    The Department of the Treasury is seeking public comments on various information collection requests before submitting them to the Office of Management and Budget (OMB) for review. These collections are related to the renewal of certificates for surety companies, waivers from electronic fund transfer requirements for specific individuals, claims for lost or destroyed U.S. savings bonds, and requests by fiduciaries for distribution of Treasury securities. The public is invited to provide feedback by March 31, 2025, to ensure their considerations are included.

    Simple Explanation

    The Treasury Department wants people to give their thoughts on some forms they use to make sure companies are safe to work with and to help people who lost their savings bonds. They want to hear what you think before the end of March 2025, but it might be tricky for some people who don't have the internet.