Federal Register / Vol. 70, No. 196 / Wednesday, October 12, 2005 / Notices 59395 

DC 20220. All written comments will be 

made available to the public. 

Records: Records are being kept of 

Advisory Panel proceedings and will be 

available at the Internal Revenue 

Service’s FOIA Reading Room at 1111 

Constitution Avenue, NW., Room 1621, 

Washington, DC 20024. The Reading 

Room is open to the public from 9 a.m. 

to 4 p.m., Monday through Friday 

except holidays. The public entrance to 

the reading room is on Pennsylvania 

Avenue between 10th and 12th streets. 

The phone number is (202) 622–5164 

(not a toll-free number). Advisory Panel 

documents, including meeting 

announcements, agendas, and minutes, 

will also be available on http:// 

www.taxreformpanel.gov. 

Dated: October 7, 2005. 

Mark S. Kaizen, 

Designated Federal Officer. 

[FR Doc. 05–20513 Filed 10–11–05; 8:45 am] 

BILLING CODE 4811–33–P 

DEPARTMENT OF THE TREASURY 

Financial Management Service 

Privacy Act of 1974, as Amended; 

System of Records 

AGENCY: Financial Management Service, 

Treasury. 

ACTION: Notice of proposed new system 

of records. 

SUMMARY: In accordance with the 

Privacy Act of 1974, as amended, the 

Financial Management Service gives 

notice of a proposed new Privacy Act 

system of records entitled ‘‘Treasury/ 

FMS .006–Direct Deposit Enrollment 

Records.’’

DATES: Comments must be received no 

later than November 14, 2005. The 

proposed new system of records will 

become effective November 21, 2005 

unless comments are received which 

would result in a contrary 

determination. 

ADDRESSES: You should send your 

comments to Tom Longnecker, 

Disclosure Officer, Financial 

Management Service, 401 14th Street, 

SW., Washington, DC 20227. Comments 

received will be available for inspection 

at the same address between the hours 

of 9 a.m. and 4 p.m. Monday through 

Friday. You may send your comments 

by electronic mail to 

tom.longnecker@fms.treas.gov or 

regulations.gov. 

FOR FURTHER INFORMATION CONTACT: Tom 

Longnecker, Disclosure Officer, (202) 

874–6837. 

SUPPLEMENTARY INFORMATION: Pursuant 

to the Privacy Act of 1974, as amended, 

5 U.S.C. 552a, the Financial 

Management Service (FMS) is proposing 

to establish a new system of records 

entitled ‘‘Direct Deposit Enrollment 

Records—Treasury/FMS .006.’’ FMS, a 

bureau within the Department of the 

Treasury, is responsible for disbursing 

public money. Making payments by 

electronic funds transfer (EFT), rather 

than by paper check, benefits both 

recipients and the Government. Agency 

records indicate that recipients are 30 

times less likely to have a problem with 

an electronic payment than with a paper 

check. Unlike check payments, 

electronic payments are not susceptible 

to being lost, stolen, or damaged in 

transit. Electronic payments are far less 

susceptible to forgery or alteration than 

checks. Further, EFT payments are less 

costly than checks. The Government 

saves approximately 62 cents for each 

payment made electronically, rather 

than by check. 

Over the past three decades, Treasury 

has developed numerous programs to 

enable agencies to make EFT payments. 

One of these programs, known as 

‘‘Direct Deposit,’’ is used by FMS to 

transmit benefit payments, as well as 

wage, salary, retirement, allotment, and 

travel payments, directly to the 

recipient’s account at a bank, credit 

union, or other financial institution. 

In 2003, FMS disbursed about 74% of 

more than 929 million Federal 

payments through EFT, rather than by 

paper check. FMS continues to 

implement various programs to increase 

the number of payments made by EFT. 

Among other things, FMS intends to 

increase the use of Direct Deposit 

throughout the United States and to 

expand the ways in which Federal 

payees may request Direct Deposit for 

Government payments. 

FMS intends to increase the use of 

Direct Deposit with the assistance of 

FMS’s fiscal agents (the Federal Reserve 

Banks), contractors, and various 

community groups. At various 

information sessions and meetings 

around the country, Federal benefit 

recipients will be offered the 

opportunity to enroll in Direct Deposit 

or be provided with assistance in 

completing the Direct Deposit 

enrollment application. Currently, a 

payee who wishes to sign up for Direct 

Deposit must enroll through his or her 

financial institution or by contacting the 

Federal agency that authorizes the 

benefit or other type of payment to the 

payee. As part of its efforts to increase 

the use of Direct Deposit, FMS and/or 

its fiscal agents and contractors will 

directly receive Direct Deposit 

enrollment applications for processing. 

The records covered by the proposed 

system are necessary to process Direct 

Deposit enrollment applications that 

may be received directly by FMS, its 

fiscal agents, and/or contractors. The 

records are collected and maintained to 

ensure that Direct Deposit enrollment 

applications are processed correctly in 

order to minimize any risk that a 

recipient’s Federal payment will be 

disbursed to the wrong account. In order 

to process a Direct Deposit application, 

a payee needs to submit his or her 

name, address, social security number, 

financial institution account 

information, and information about the 

type of benefit paid to the payee by the 

Government. Without such information, 

FMS, its fiscal agents and contractors, 

would not be able to process the Direct 

Deposit enrollment application as 

requested by the individual authorizing 

the Direct Deposit enrollment. 

In addition to the purposes cited 

above, the information contained in the 

covered records will be used for 

collateral purposes related to the 

processing of Direct Deposit 

enrollments, such as collection of 

statistical information on operations, 

development of computer systems, 

investigation of unauthorized or 

fraudulent activity, and the collection of 

debts arising out of such activity. 

Thus, the information contained in 

the records covered by FMS’s proposed 

system of records is necessary to 

accurately process Direct Deposit 

enrollment applications. 

FMS recognizes the sensitive nature 

of the confidential information it 

obtains when collecting financial 

institution account information from the 

public and has many safeguards in place 

to protect the information from theft or 

inadvertent disclosure. When 

appropriate, FMS’s arrangements with 

its fiscal agents and contractors include 

requirements that preclude them from 

retaining, disclosing, and using for other 

purposes the information received from 

Direct Deposit enrollment applications. 

In addition to various procedural and 

physical safeguards, access to 

computerized records is limited, 

through the use of access codes, 

encryption techniques and/or other 

internal mechanisms. Access to records 

is granted only as authorized by a 

business line manager at FMS or FMS’s 

fiscal agent to those whose official 

duties require access solely for the 

purposes outlined in the proposed 

system. The information in the Direct 

Deposit Enrollment Records system will 

allow the public to enjoy the benefits of 

Direct Deposit while lowering costs to 

59396 Federal Register / Vol. 70, No. 196 / Wednesday, October 12, 2005 / Notices 

the Government and minimizing the 

risks of improper payments, thefts, 

fraudulent transactions, and the loss of 

public funds. 

The new system of records report, as 

required by 5 U.S.C. 552a(r) of the 

Privacy Act, has been submitted to the 

Committee on Government Reform of 

the House of Representatives, the 

Committee on Governmental Affairs of 

the Senate, and the Office of 

Management and Budget, pursuant to 

Appendix I to OMB Circular A–130, 

‘‘Federal Agency Responsibilities for 

Maintaining Records About 

Individuals,’’ dated November 30, 2000. 

For the reasons set forth in the 

preamble, FMS proposes a new system 

of records Treasury/FMS .006–Direct 

Deposit Enrollment Records, which is 

published in its entirety below. 

Dated: October 3, 2005. 

Sandra L. Pack, 

Assistant Secretary for Management and 

Chief Financial Officer. 

Treasury/FMS .006 

SYSTEM NAME: 

Direct Deposit Enrollment Records—

Treasury/Financial Management 

Service. 

SYSTEM LOCATION: 

Records are located at the Federal 

Reserve Bank, acting in its capacity as 

Treasury’s fiscal agent, 2200 North Pearl 

Street, Dallas, Texas 75201. 

CATEGORIES OF INDIVIDUALS COVERED BY THE

SYSTEM: 

Individuals who enroll with the FMS 

to receive Federal payments from the 

Federal Government via an electronic 

funds transfer program known as 

‘‘Direct Deposit.’’

CATEGORIES OF RECORDS IN THE SYSTEM: 

The records may contain identifying 

information, such as an individual’s 

name(s), social security number, home 

address, home and work telephone 

number, and personal e-mail address 

(home and work); information about an 

individual’s bank account(s) and other 

types of accounts to which payments are 

made, such as the individual’s bank 

account number and the financial 

institution routing and transit number; 

information about an individual’s 

payments received from the United 

States, including the type of payment 

received and the Federal agency 

responsible for authorizing the payment. 

AUTHORITY FOR MAINTENANCE OF THE SYSTEM: 

5 U.S.C. 301; 31 U.S.C. 321; 31 U.S.C. 

chapter 33; 31 U.S.C. 3332. 

PURPOSE(S): 

The purpose of this system is to 

maintain records about individuals who 

wish to enroll in the Direct Deposit 

program in order to receive Federal 

payments directly to a bank account or 

other similar type of account via 

electronic funds transfer, rather than by 

paper check. 

The records are used to process Direct 

Deposit enrollment applications that 

may be received directly by FMS, its 

fiscal agents, and/or contractors. The 

records are collected and maintained to 

guarantee that Direct Deposit enrollment 

applications are processed properly to 

ensure that a recipient’s Federal 

payment will be disbursed to the correct 

account. Without the appropriate 

information, FMS, its fiscal agents and 

contractors, would not be able to 

process the Direct Deposit enrollment 

application as requested by the 

individual authorizing the Direct 

Deposit. 

The information will also be used for 

collateral purposes related to the 

processing of Direct Deposit 

enrollments, such as collection of 

statistical information on operations, 

development of computer systems, 

investigation of unauthorized or 

fraudulent activity, and the collection of 

debts arising out of such activity. 

ROUTINE USES OF RECORDS MAINTAINED IN THE

SYSTEM, INCLUDING CATEGORIES OF USERS AND

THE PURPOSES OF SUCH USES: 

These records may be used to disclose 

information to: 

(1) Appropriate Federal, State, local or 

foreign agencies responsible for 

investigating or prosecuting the 

violation of, or for enforcing or 

implementing, a statute, rule, 

regulation, order, or license, where the 

disclosing agency becomes aware of a 

potential violation of civil or criminal 

law or regulation. 

(2) A court, magistrate, or 

administrative tribunal, in the course of 

presenting evidence, including 

disclosures to opposing counsel or 

witnesses, for the purpose of civil 

discovery, litigation, or settlement 

negotiations or in response to a 

subpoena, where relevant or potentially 

relevant to a proceeding, or in 

connection with criminal law 

proceedings. 

(3) A congressional office in response 

to an inquiry made at the request of the 

individual to whom the record pertains. 

(4) Fiscal agents, financial agents, 

financial institutions, and contractors 

for the purpose of processing Direct 

Deposit enrollment applications, 

including, but not limited to, processing 

Direct Deposit enrollment forms and 

implementing programs related to Direct 

Deposit; investigating and rectifying 

possible erroneous information; creating 

and reviewing statistics to improve the 

quality of services provided; conducting 

debt collection services for debts arising 

from Direct Deposit activities; or 

developing, testing and enhancing 

computer systems. 

(5) Federal agencies, their agents and 

contractors for the purposes of 

facilitating the processing of Direct 

Deposit enrollment applications and the 

implementation of programs related to 

Direct Deposit. 

(6) Federal agencies, their agents and 

contractors, credit bureaus, and 

employers of individuals who owe 

delinquent debt for the purpose of 

garnishing wages, only when the debt 

arises from the unauthorized or 

improper use of the Direct Deposit 

program. The information will be used 

for the purpose of collecting such debt 

through offset, administrative wage 

garnishment, referral to private 

collection agencies, litigation, reporting 

the debt to credit bureaus, or for any 

other authorized debt collection 

purpose. 

(7) Financial institutions, including 

banks and credit unions, for the purpose 

of disbursing payments and/or 

investigating the accuracy of 

information required to complete 

transactions using Direct Deposit and 

for administrative purposes, such as 

resolving questions about a transaction. 

(8) Representatives of the National 

Archives and Records Administration 

(NARA) who are conducting records 

management inspections under 

authority of 44 U.S.C. 2904 and 2906. 

DISCLOSURE TO CONSUMER REPORTING

AGENCIES: 

Debt information concerning a 

government claim against a debtor when 

the debt arises from the unauthorized 

use of Direct Deposit is also furnished, 

in accordance with 5 U.S.C. 552a(b)(12) 

and 31 U.S.C. 3711(e), to consumer 

reporting agencies, as defined by the 

Fair Credit Reporting Act, 5 U.S.C. 

1681(f), to encourage repayment of a 

delinquent debt. 

POLICIES AND PRACTICES FOR STORING, 

RETRIEVING, ACCESSING, RETAINING, AND

DISPOSING OF RECORDS IN THE SYSTEM: 

STORAGE: 

Records are maintained in paper and 

electronic media. 

RETRIEVABILITY: 

Records are retrieved by name, social 

security number, telephone number, 

transaction identification number, or 

other alpha/numeric identifying 

information. 

Federal Register / Vol. 70, No. 196 / Wednesday, October 12, 2005 / Notices 59397 

SAFEGUARDS: 

All official access to the system of 

records is on a need-to-know basis only, 

as authorized by a business line 

manager at FMS or FMS’s fiscal agent. 

Procedural and physical safeguards, 

such as personal accountability, audit 

logs, and specialized communications 

security, are utilized. Each user of 

computer systems containing records 

has individual passwords (as opposed to 

group passwords) for which he or she is 

responsible. Thus, a security manager 

can identify access to the records by 

user. Access to computerized records is 

limited, through use of access codes, 

encryption techniques, and/or other 

internal mechanisms, to those whose 

official duties require access. Storage 

facilities are secured by various means 

such as security guards, badge access, 

and locked doors with key entry. 

RETENTION AND DISPOSAL: 

Electronic and paper records for 

enrollments and associated transactions 

will be retained for six (6) months or as 

otherwise required by statute or court 

order. Records in electronic media are 

electronically erased using industryaccepted techniques, and in accordance 

with applicable Financial Management 

Service policies regarding the retention 

and disposal of fiscal agency records. 

Paper records are destroyed in 

accordance with fiscal agency archive 

and disposal procedures and applicable 

Financial Management Service policies 

regarding the retention and disposal of 

fiscal agency records. 

SYSTEM MANAGER(S) AND ADDRESS: 

EFT Strategy Division, Federal 

Finance, Financial Management Service, 

401 14th Street, SW., Washington, DC 

20227. 

NOTIFICATION PROCEDURE: 

Inquiries under the Privacy Act of 

1974, as amended, shall be addressed to 

the Disclosure Officer, Financial 

Management Service, 401 14th Street, 

SW., Washington, DC 20227. All 

individuals making inquiries should 

provide with their request as much 

descriptive matter as is possible to 

identify the particular record desired. 

The system manager will advise as to 

whether FMS maintains the records 

requested by the individual. 

RECORD ACCESS PROCEDURES: 

Individuals requesting information 

under the Privacy Act of 1974, as 

amended, concerning procedures for 

gaining access to or contesting records 

should write to the Disclosure Officer. 

All individuals are urged to examine the 

rules of the U.S. Department of the 

Treasury published in 31 CFR part 1, 

subpart C, and appendix G, concerning 

requirements of this Department with 

respect to the Privacy Act of 1974, as 

amended. 

CONTESTING RECORD PROCEDURES: 

See ‘‘Record access procedures’’

above. 

RECORD SOURCE CATEGORIES: 

Information in this system is provided 

by the individual on whom the record 

is maintained (or by his or her 

authorized representative), other 

persons who electronically authorize 

payments from the Federal government, 

Federal agencies responsible for 

authorizing payments, Federal agencies 

responsible for disbursing payments, 

and Treasury fiscal agents that process 

Direct Deposit enrollment applications, 

and contractors. 

EXEMPTIONS CLAIMED FOR THE SYSTEM: 

None. 

[FR Doc. 05–20364 Filed 10–11–05; 8:45 am] 

BILLING CODE 4810–35–U 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Form 13704 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 

ACTION: Notice and request for 

comments. 

SUMMARY: The Department of the 

Treasury, as part of its continuing effort 

to reduce paperwork and respondent 

burden, invites the general public and 

other Federal agencies to take this 

opportunity to comment on proposed 

and/or continuing information 

collections, as required by the 

Paperwork Reduction Act of 1995, 

Public Law 104–13 (44 U.S.C. 

3506(c)(2)(A)). Currently, the IRS is 

soliciting comments concerning Form 

13704, Health Coverage Tax Credit 

Registration Update Form. 

DATES: Written comments should be 

received on or before December 12, 

2005, to be assured of consideration. 

ADDRESSES: Direct all written comments 

to Glenn P. Kirkland, Internal Revenue 

Service, room 6516, 1111 Constitution 

Avenue NW., Washington, DC 20224. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of the form and instructions 

should be directed to R. Joseph Durbala, 

(202) 622–3634, at Internal Revenue 

Service, room 6516, 1111 Constitution 

Avenue NW., Washington, DC 20224, or 

through the Internet at 

RJoseph.Durbala@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Health Coverage Tax Credit 

Registration Update Form. 

OMB Number: 1545–1954. 

Form Number: 13704. 

Abstract: Internal Revenue Code 

Sections 35 and 7527 enacted by public 

law 107–210 (see attachment) require 

the Internal Revenue Service to provide 

payments of the HCTC to eligible 

individuals beginning August 1, 2003. 

The IRS will use the Registration 

Update Form to ensure, that the 

processes and communications for 

delivering these payments help 

taxpayers determine if they are eligible 

for the credit and understand what they 

need to do to continue to receive it. 

Current Actions: There is no change 

in the paperwork burden previously 

approved by OMB. This form is being 

submitted for renewal purposes only. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Individuals and 

Households, Federal Government, State 

and Local or Tribal Government. 

Estimated Number of Respondents: 

2,200. 

Estimated Time Per Respondent: 30 

minutes. 

Estimated Total Annual Burden 

Hours: 1,100. 

The following paragraph applies to all 

of the collections of information covered 

by this notice: 

An agency may not conduct or 

sponsor, and a person is not required to 

respond to, a collection of information 

unless the collection of information 

displays a valid OMB control number. 

Books or records relating to a collection 

of information must be retained as long 

as their contents may become material 

in the administration of any internal 

revenue law. Generally, tax returns and 

tax return information are confidential, 

as required by 26 U.S.C. 6103. 

Request for Comments: Comments 

submitted in response to this notice will 

be summarized and/or included in the 

request for OMB approval. All 

comments will become a matter of 

public record. Comments are invited on: 

(a) Whether the collection of 

information is necessary for the proper 

performance of the functions of the 

agency, including whether the 

information shall have practical utility; 

(b) the accuracy of the agency’s estimate 

of the burden of the collection of 

information; (c) ways to enhance the 

quality, utility, and clarity of the 

information to be collected; (d) ways to 

minimize the burden of the collection of