Page:United States Statutes at Large Volume 110 Part 2.djvu/513

 PUBLIC I^^W 104-134—APR. 26, 1996 110 STAT. 1321-366 of title 5 indicates that information in the system may be disclosed to a consumer reporting agency or commercial reporting agency, respectively.". (1) Section 3718 of title 31, United States Code, is amended— (1) in subsection (a), by striking the first sentence and inserting the following: "Under conditions the head of an executive, judicial, or legislative agency considers appropriate, the head of the agency may enter into a contract with a person for collection service to recover indebtedness owed, or to locate or recover assets of, the United States Government. The head of an agency may not enter into a contract under the preceding sentence to locate or recover assets of the United States held by a State government or financial institution unless that agency has established procedures approved by the Secretary of the Treasury to identify and recover such assets."; and (2) in subsection (d), by inserting ", or to locate or recover assets of," after "owed". (m)(l) IN GENERAL. —Section 3711 of title 31, United States Code, is amended by adding at the end the following new subsections: "(g)(1) If a nontax debt or claim owed to the United States has been delinquent for a period of 180 days— "(A) the head of the executive, judicial, or legislative agency that administers the program that gave rise to the debt or - claim shall transfer the debt or claim to the Secretary of the Treasury; and "(B) upon such transfer the Secretary of the Treasury shall take appropriate action to collect or terminate collection actions on the debt or claim. "(2) Paragraph (1) shall not apply— "(A) to any debt or claim that— "(i) is in litigation or foreclosure; "(ii) will be disposed of under an asset sales program within 1 year iafter becoming eligible for sale, or later than 1 year if consistent with an asset sales program and a schedule established by the agency and approved by the Director of the Office of Management and Budget; "(iii) has been referred to a private collection contractor for collection for a period of time determined by the Secretary of the Treasury; "(iv) has been referred by, or with the consent of, the Secretary of the Treasury to a debt collection center for a period of time determined by the Secretary of the Treasury; or "(v) will be collected under internal offset, if such offset is sufficient to collect the claim within 3 years after the date the debt or claim is first delinquent; and "(B) to any other specific class of debt or claim, as determined by the Secretary of the Treasury at the request of the head of an executive, judicial, or legislative agency or otherwise. "(3) For purposes of this section, the Secretary of the Treasury may designate, and withdraw such designation of debt collection centers operated by other Federal agencies. The Secretary of the Treasury shall designate such centers on the basis of their performance in collecting delinquent claims owed to the Government. 29-194O-96 -17:QL3Part2

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