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31 U.S.C. § 3720 — Collection of payments

Federal law — U.S. Code and appendices · legal_authorities

31 U.S.C. § 3720 — Collection of payments

**(a)** Each head of an executive agency (other than an agency subject to section 9 of the Act of May 18, 1933 (48 Stat. 63, chapter 32; [16 U.S.C. 831h](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title16-section831h&num=0&edition=prelim))) shall, under such regulations as the Secretary of the Treasury shall prescribe, provide for the timely deposit of money by officials and agents of such agency in accordance with section 3302, and for the collection and timely deposit of sums owed to such agency by the use of such procedures as withdrawals and deposits by electronic transfer of funds, automatic withdrawals from accounts at financial institutions, and a system under which financial institutions receive and deposit, on behalf of the executive agency, payments transmitted to post office lockboxes. The Secretary is authorized to collect from any agency not complying with the requirements imposed pursuant to the preceding sentence a charge in an amount the Secretary determines to be the cost to the general fund caused by such noncompliance. **(b)** The head of an executive agency shall pay to the Secretary of the Treasury charges imposed pursuant to subsection (a). Payments shall be made out of amounts appropriated or otherwise made available to carry out the program to which the collections relate. The amounts of the charges paid under this subsection shall be deposited in the Cash Management Improvements Fund established by subsection (c). **(c)** There is established in the Treasury of the United States a revolving fund to be known as the “Cash Management Improvements Fund”. Sums in the fund shall be available without fiscal year limitation for the payment of expenses incurred in developing the methods of collection and deposit described in subsectio

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Source file: Laws/federal/codes/united-states-code/title-31/section-3720-collection-of-payments--27a0e6dc40.md
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Source location: Title 31, Chapter 37, § 3720; chapter-037-claims.md

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**(a)** Each head of an executive agency (other than an agency subject to section 9 of the Act of May 18, 1933 (48 Stat. 63, chapter 32; [16 U.S.C. 831h](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title16-section831h&num=0&edition=prelim))) shall, under such regulations as the Secretary of the Treasury shall prescribe, provide for the timely deposit of money by officials and agents of such agency in accordance with section 3302, and for the collection and timely deposit of sums owed to such agency by the use of such procedures as withdrawals and deposits by electronic transfer of funds, automatic withdrawals from accounts at financial institutions, and a system under which financial institutions receive and deposit, on behalf of the executive agency, payments transmitted to post office lockboxes. The Secretary is authorized to collect from any agency not complying with the requirements imposed pursuant to the preceding sentence a charge in an amount the Secretary determines to be the cost to the general fund caused by such noncompliance. **(b)** The head of an executive agency shall pay to the Secretary of the Treasury charges imposed pursuant to subsection (a). Payments shall be made out of amounts appropriated or otherwise made available to carry out the program to which the collections relate. The amounts of the charges paid under this subsection shall be deposited in the Cash Management Improvements Fund established by subsection (c). **(c)** There is established in the Treasury of the United States a revolving fund to be known as the “Cash Management Improvements Fund”. Sums in the fund shall be available without fiscal year limitation for the payment of expenses incurred in developing the methods of collection and deposit described in subsection (a) of this section and the expenses incurred in carrying out collections and deposits using such methods, including the costs of personal services and the costs of the lease or purchase of equipment and operating facilities.

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Federal law — U.S. Code and appendices · legal_authorities

16 U.S.C. § 831h — Annual financial statement; purchases and contracts; audit by Comptroller General

**(a) Financial statement and report** The Board shall file with the President and with the Congress, in March of each year, a financial statement and a complete report as to the business of the Corporation covering the preceding governmental fiscal year. This report shall include an itemized statement of the cost of power at each power station, the total number of employees and the names, salaries, and duties of those receiving compensation at the rate of more than $1,500 a year. **(b) Bids** All purchases and contracts for supplies or services, except for personal services, made by the Corporation, shall be made after advertising, in such manner and at such times sufficiently in advance of opening bids, as the Board shall determine to be adequate to insure notice and opportunity for competition: Provided, That advertisement shall not be required when, (1) an emergency requires immediate delivery of the supplies or performance of the services; or (2) repair parts, accessories, supplemental equipment, or services are required for supplies or services previously furnished or contracted for; or (3) the aggregate amount involved in any purchase of supplies or procurement of services does not exceed $25,000; in which cases such purchases of supplies or procurement of services may be made in the open market in the manner common among businessmen: Provided further, That in comparing bids and in making awards the Board may consider such factors as relative quality and adaptability of supplies or services, the bidder’s financial responsibility, skill, experience, record of integrity in dealing, ability to furnish repairs and maintenance services, the time of delivery or performance offered, and whether the bidder has complied with the specifications. **(c) Audits** The Comptr

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Federal law — U.S. Code and appendices · legal_authorities

16 U.S.C. § 831h — Annual financial statement; purchases

Page 1461 TITLE 16—CONSERVATION § 831h § 831e. Officers and employees; nonpolitical ap- pointment; removal for violation In the appointment of officials and the selec- tion of employees for said Corporation, and in the promotion of any such employees or offi- cials, no political test or qualification shall be permitted or given consideration, but all such appointments and promotions shall be given and made on the basis of merit and efficiency. Any member of said Board who is found by the Presi- dent of the United States to be guilty of a viola- tion of this section shall be removed from office by the President of the United States, and any appointee of said Board who is found by the Board to be guilty of a violation of this section shall be removed from office by said Board. (May 18, 1933, ch. 32, § 6, 48 Stat. 63; Pub. L. 108–447, div. C, title VI, § 603(a)(2), Dec. 8, 2004, 118 Stat. 2966.) Editorial Notes AMENDMENTS 2004—Pub. L. 108–447 substituted ‘‘Board’’ for ‘‘board’’ wherever appearing. Statutory Notes and Related Subsidiaries EFFECTIVE DATE OF 2004 AMENDMENT Amendment by Pub. L. 108–447 effective on the later of the date on which at least three persons nominated under section 604(a) of Pub. L. 108–447 take office or May 18, 2005, see section 604(b) of Pub. L. 108–447, set out in an Appointments; Effective Date; Transition note under section 831a of this title. § 831f. Control of plants and property vested in Corporation; transfer of other property to Corporation In order to enable the Corporation to exercise the powers and duties vested in it by this chap- ter— (a) The exclusive use, possession, and control of the United States nitrate plants numbered 1 and 2, including steam plants, located, respec- tively, at Sheffield, Alabama,

Source: Supplied 2024 U.S. Code historical extraction · 16 U.S.C. § 831h

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Federal law — U.S. Code and appendices · legal_authorities

31 U.S.C. § 3720 — Collection of payments

Page 321 TITLE 31—MONEY AND FINANCE § 3720 amounts owed the agency are due to be re- paid; (B) the total amount of receivables and number of claims at least 30 days past due; (C) the total amount written off as actu- ally uncollectible and the total amount al- lowed for uncollectible loans and accounts receivable; (D) the rate of interest charged for overdue debts and the amount of interest charged and collected on debts; (E) the total number of claims and the total amount collected; and (F) the number and total amount of claims referred to the Attorney General for settle- ment and the number and total amount of claims the Attorney General settles; (2) the information described in clause (1) of this subsection for each program or activity the head of the agency carries out; and (3) other information the Secretary con- siders necessary to decide whether the head of the agency is acting aggressively to collect the claims of the agency. (b) The Secretary shall analyze the reports submitted under subsection (a) of this section and shall report annually to Congress on the management of debt collection activities by the head of each agency, including the information provided the Secretary under subsection (a). (Added Pub. L. 97–452, § 1(16)(A), Jan. 12, 1983, 96 Stat. 2473; amended Pub. L. 104–134, title III, § 31001(aa)(3), Apr. 26, 1996, 110 Stat. 1321–380.) HISTORICAL AND REVISION NOTES Revised Section Source (U.S. Code) Source (Statutes at Large) 3719(a) ..... 31 App.:955(a). Oct. 25, 1982, Pub. L. 97–365, § 12, 96 Stat. 1756. 3719(b) ..... 31 App.:955(b). In subsection (a), before clause (1), the words ‘‘of the United States’’ are omitted as surplus. The words ‘‘the head of’’ are added for consistency in the revised title and with oth

Source: Supplied 2024 U.S. Code historical extraction · 31 U.S.C. § 3720

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