Search Results for keywords:"electronic payment"

Found 4 results

Search Results: keywords:"electronic payment"

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  • 2021-01145 — Fees for Reviews of the Rule Enforcement Programs of Designated Contract Markets and Registered Futures Associations
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    Type:Notice
    Citation:86 FR 6304
    Reading Time:about 5 minutes

    The Commodity Futures Trading Commission (CFTC) is issuing a notice about the fees charged to self-regulatory organizations, like registered futures associations and designated contract markets, for oversight of their rule enforcement programs. These fees help recover costs incurred by the CFTC during oversight and are deposited in the U.S. Treasury as miscellaneous receipts. The fee calculations are based on the average actual costs from the previous three fiscal years and take into consideration various factors such as trading volume and program complexity. Payments must be made electronically by the deadline specified in the document.

    Simple Explanation

    The CFTC charges fees to market organizations and futures groups to cover the costs of checking their rules, using past years to figure out how much to charge. These fees go into the government's piggy bank and must be paid online.

  • 2021-00050 — Closure of FCC Lockbox 979089 Used To File Fees for Services Provided by the Media Bureau
    Type:Rule
    Citation:86 FR 11148
    Reading Time:about 4 minutes

    The Federal Communications Commission (FCC) has issued a final rule to close Lockbox 979089, which was used for collecting fees for various media services, and now requires electronic filing and payment instead. This change is meant to modernize the FCC's procedures and reduce costs by eliminating manual processing of payments. While the option for manual fee payments will still be available temporarily for 90 days, after that period, payments must be made online using the FCC's Fee Filer system. The new rule, effective March 26, 2021, is expected to ease the process with little impact on FCC users.

    Simple Explanation

    The FCC is changing how people pay for certain services, moving from sending checks in the mail to paying online with a computer, just like ordering something on the internet. This means they won't use mailboxes for checks anymore, starting from March 26, 2021, and it should make things faster and cheaper.

  • 2025-05444 — Electronic Payment of Royalties Using Pay.gov
    Type:Rule
    Citation:90 FR 14206
    Reading Time:about 5 minutes

    The U.S. Copyright Office has issued a new rule that requires all royalty fees submitted to the Copyright Office to be paid using Pay.gov. This rule affects cable operators, satellite carriers, and manufacturers and importers of digital audio recording devices who are required to pay these fees. The purpose of this change is to streamline the payment process and make it more convenient for users, as well as to eliminate redundant payment methods. The rule goes into effect on April 30, 2025, and tutorials on how to use Pay.gov are available on the Copyright Office's website.

    Simple Explanation

    The Copyright Office made a new rule that says people who need to pay money for using books, movies, or songs must do it online using a website called Pay.gov. This rule will start working on April 30, 2025, and it’s supposed to make paying easier for everyone.

  • 2024-29119 — Electronic Payment of Royalties Using Pay.gov
    Type:Proposed Rule
    Citation:89 FR 100439
    Reading Time:about 8 minutes

    The U.S. Copyright Office is proposing a change to how royalty fees are paid. The new rule will require all royalty payments to be made electronically using the Pay.gov system. This change aims to make the process more efficient and easier to manage by allowing payments via various methods, including credit and debit cards, and by streamlining the payment and form submission procedures. Additionally, tutorials to help users navigate Pay.gov are available on the Licensing Section's website.

    Simple Explanation

    The Copyright Office wants all royalty payments to be made online using a system called Pay.gov, hoping it will make paying faster and easier, but some people might find this tricky if they don't have internet or don't fully understand how it works.