Page:United States Statutes at Large Volume 110 Part 2.djvu/505

This page needs to be proofread.

PUBLIC LAW 104-134—APR. 26, 1996 110 STAT. 1321-358 CHAPTERS TREASURY, POSTAL SERVICE AND GENERAL GOVERNMENT INDEPENDENT AGENCIES GENERAL SERVICES ADMINISTRATION FEDERAL BUILDINGS FUND LIMITATIONS ON AVAILABILITY OF REVENUE (RESCISSION) Of the funds made available for installment acquisition pay- ments under this heading in Public Law 104-52, $3,400,000 are rescinded: Provided, That the aggregate amount made available to the Fund shall be $5,062,749,000. CHAPTER 9 DEPARTMENTS OF VETERANS AFFAIRS AND HOUSING AND URBAN DEVELOPMENT AND INDEPENDENT AGENCIES FEDERAL EMERGENCY MANAGEMENT AGENCY DISASTER RELIEF Of the funds made available under this heading and under the heading "Disaster relief emergency contingency fund" in Public Law 104-19, $1,000,000,000 are rescinded. CHAPTER 10 DEBT COLLECTION IMPROVEMENTS SEC. 31001. DEBT COLLECTION IMPROVEMENT ACT OF 1996. (a)(1) This section may be cited as the "Debt Collection Improvement Act of 1996". (2)(A) IN GENERAL. — The provisions of this section and the amendments made by this section shall take effect on the date of the enactment of this Act. (B) OFFSETS FROM SOCIAL SECURITY PAYMENTS, ETC. — Subparagraph (A) of section 3716(c)(3) of title 31, United States Code (as added by subsection (d)(2) of this section), shall apply only to payments made after the date which is 4 months after the date of the enactment of this Act. (b) The purposes of this section are the following: (1) To maximize collections of delinquent debts owed to the Government by ensuring quick action to enforce recovery of debts and the use of all appropriate collection tools. (2) To minimize the costs of debt collection by consolidating related functions and activities and utilizing interagency teams. (3) To reduce losses arising from debt management activities by requiring proper screening of potential borrowers, aggressive monitoring^ of all accounts, and sharing of information within and among Federal agencies. (4) To ensure that the public is fully informed of the Federal Government's debt collection policies and that debtors are cog- Debt Collection Improvement Act of 1996. 31 USC 3701 note. Effective date. 31 USC 3322 note. Applicability. 31 USC 3716 note. 31 USC 3701 note.