Privacy Act of 1974; System of Records
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Issuing agencies
Abstract
In accordance with the Privacy Act of 1974, the Department of the Treasury ("Treasury" or the "Department"), Bureau of the Fiscal Service (Fiscal Service) proposes to modify a current Treasury system of records titled, "Department of the Treasury, Bureau of the Fiscal Service .014--United States Securities and Access System of Records." This system of records holds all records relating to United State Securities issuances, holdings, transactions, claims, and inquiries.
Full Text
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<title>Federal Register, Volume 91 Issue 90 (Monday, May 11, 2026)</title>
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[Federal Register Volume 91, Number 90 (Monday, May 11, 2026)]
[Notices]
[Pages 25777-25778]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-09288]
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DEPARTMENT OF THE TREASURY
Privacy Act of 1974; System of Records
AGENCY: Bureau of the Fiscal Service, Department of the Treasury.
ACTION: Notice of a modified system of records.
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SUMMARY: In accordance with the Privacy Act of 1974, the Department of
the Treasury (``Treasury'' or the ``Department''), Bureau of the Fiscal
Service (Fiscal Service) proposes to modify a current Treasury system
of records titled, ``Department of the Treasury, Bureau of the Fiscal
Service .014--United States Securities and Access System of Records.''
This system of records holds all records relating to United State
Securities issuances, holdings, transactions, claims, and inquiries.
DATES: Submit comments on or before June 10, 2026. The new routine uses
will be applicable on June 10, 2026.
ADDRESSES: Comments may be submitted to the Federal eRulemaking Portal
electronically at <a href="http://www.regulations.gov">http://www.regulations.gov</a>. Comments can also be sent
to Bureau of the Fiscal Service, 3201 Pennsy Drive, Building E,
Landover, MD 20785, Attention: David Ambrose, Chief Security Officer,
Revisions to Privacy Act Systems of Records. All comments received,
including attachments and other supporting documents, are part of the
public record and subject to public disclosure. All submissions
received must include the agency or bureau name (Bureau of the Fiscal
Service) and docket number (FISCAL-2026-0034). All comments received
will be posted without change to <a href="http://www.regulations.gov">www.regulations.gov</a>, including any
personal information provided. You should submit only information that
you wish to make publicly available.
FOR FURTHER INFORMATION CONTACT: For general questions please contact:
David Ambrose, Chief Security Officer, Bureau of the Fiscal Service,
<a href="/cdn-cgi/l/email-protection#dc98bdaab5b8f2bdb1beaeb3afb99cbab5afbfbdb0f2a8aeb9bdafa9aea5f2bbb3aa"><span class="__cf_email__" data-cfemail="da9ebbacb3bef4bbb7b8a8b5a9bf9abcb3a9b9bbb6f4aea8bfbba9afa8a3f4bdb5ac">[email protected]</span></a>, Lela Anderson, Attorney/Advisor,
<a href="/cdn-cgi/l/email-protection#65090009044b040b010017160a0b25030c160604094b111700041610171c4b020a13"><span class="__cf_email__" data-cfemail="016d646d602f606f656473726e6f4167687262606d2f75736460727473782f666e77">[email protected]</span></a>, or Frank Supik, Supervisory
Attorney, <a href="/cdn-cgi/l/email-protection#8debffece3e6a3fef8fde4e6cdebe4feeeece1a3f9ffe8ecfef8fff4a3eae2fb"><span class="__cf_email__" data-cfemail="c8aebaa9a6a3e6bbbdb8a1a388aea1bbaba9a4e6bcbaada9bbbdbab1e6afa7be">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION: In accordance with the Privacy Act of 1974,
5 U.S.C. 552a, the Department of the Treasury (``Treasury''), Bureau of
the Fiscal Service proposes to modify a current Treasury system of
records titled, ``Department of the Treasury, Bureau of the Fiscal
Service .014--
[[Page 25778]]
United States Securities and Access System of Records.''
The modification will add a new routine use and is intended to
facilitate Fiscal Service's payment of applicable savings bonds, as
defined by 31 CFR part 323 and the SECURE 2.0 Act, part of the
Consolidated Appropriations Act, 2023.\1\ The routine use described in
this notice accompanies amendments to 31 CFR part 323, published at 89
FR 102735.
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\1\ Public Law 117-328, Division T. The SECURE 2.0 Act's
definition of ``applicable savings bond'' is codified at 31 U.S.C.
3105(f)(6).
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In accordance with the Privacy Act, Fiscal Service published a
System of Records Notice (SORN) covering information pertaining to
individuals who own savings bonds.\2\ The SORN outlines the records
contained in, and the protections and procedures applicable to, the
system of records maintained regarding the owners of savings bonds.
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\2\ TREASURY/Fiscal Service .014--United States Securities and
Access, 85 FR 11776, 11798 (Feb. 27, 2020).
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The SECURE 2.0 Act requires Treasury to share certain savings bond
information with states for the purpose of locating bond owners.\3\
Under this statute, Treasury must ``provide each State, in digital or
other electronic form, with information describing any applicable
savings bond which has an applicable address that is within such State,
including (i) the name and applicable address of the registered owner;
and (ii) the name and applicable address of any registered co-owner or
beneficiary.'' \4\ ``Applicable address'' is further defined to include
the registered address on the savings bond or the last known address
available to the Secretary.\5\ ``Applicable savings bond'' is defined
to include a savings bond which is more than three years past its final
maturity date, in paper or electronic form, and has not been
redeemed.\6\
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\3\ See 31 U.S.C Sec. 3105(f).
\4\ See 31 U.S.C Sec. 3105(f)(1)(A).
\5\ See 31 U.S.C Sec. 3105(f)(1)(C).
\6\ See 31 U.S.C Sec. 3105(f)(6).
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As noted in amendments to 31 CFR part 323, Treasury is authorized
to issue regulations or guidance as necessary to protect the privacy of
the owners of applicable savings bonds, prevent fraud, and ensure that
any information provided to a state shall be used solely for the
purpose of locating the bond owner. Moreover, the Privacy Act
authorizes an agency to disclose information pursuant to routine uses
that are consistent with the purpose for which information is
collected. Fiscal Service believes the new routine use published below
is consistent with the collection of information pertaining to the
purchase and/or ownership of Treasury securities in order to: (a)
comply with the provisions of the SECURE 2.0 Act; and (b) facilitate
payment of applicable savings bonds to the owner of such Treasury
security, or to the owner's heir(s) or successor(s) in interest.
Treasury does not intend to amend or remove any other routine uses,
purposes, or categories within Bureau of the Fiscal Service .014--
United States Securities and Access. All existing routine uses will
remain in effect and unchanged. Treasury only intends to add one new
routine use, identified below as (24), to the existing list of routine
uses.
Description of Changes: Replace the period ``(.)'' at the end of
the last routine use of System of Records Notice .014 (United States
Securities and Access) with a semicolon ``(;)'' and add the following:
``(24) States, for the purpose of providing the states with
information necessary or useful to assist the U.S. Treasury in locating
the owner(s) or beneficiaries of, or their heir(s) or successor(s) in
interest to, ``applicable securities.'' For purposes of this routine
use, ``states'' and ``applicable securities'' have the meanings defined
by 31 CFR part 323.
Treasury/Fiscal Service .014
SYSTEM NAME AND NUMBER:
Department of the Treasury, Bureau of the Fiscal Service .014--
United States Securities and Access
SECURITY CLASSIFICATION:
Unclassified.
SYSTEM LOCATION:
Bureau of the Fiscal Service, U.S. Department of the Treasury, 200
Third Street, Parkersburg, WV 26106-1328; Bureau of the Fiscal Service,
U.S. Department of the Treasury, 3201 Pennsy Drive, Warehouse ``E'',
Landover, MD 20785; the Federal Reserve Bank of Minneapolis, 90
Hennepin Avenue, Minneapolis, MN 55401; and the Federal Reserve Bank of
New York, East Rutherford Operations Center, 100 Orchard Street, East
Rutherford, NJ 07073.
SYSTEM MANAGER(S):
Assistant Commissioner, Retail Securities Services, Bureau of the
Fiscal Service, 200 Third Street, Parkersburg, WV 26106-1328. For
Federal Housing Administration (FHA) Debentures: Assistant
Commissioner, Office of Fiscal Accounting Operations, 200 Third Street,
Parkersburg, WV 26106-1328.
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ROUTINE USES OF RECORDS MAINTAINED IN THE SYSTEM, INCLUDING CATEGORIES
OF USERS AND PURPOSES OF SUCH USES:
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``(24) States, for the purpose of providing the states with
information necessary or useful to assist the U.S. Treasury in locating
the owner(s) or beneficiaries of, or their heir(s) or successor(s) in
interest to, ``applicable securities.'' For purposes of this routine
use, ``states'' and ``applicable securities'' have the meanings defined
by 31 CFR part 323.
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HISTORY:
Notice of this system of records was last published in full in the
Federal Register on February 27, 2020 (85 FR 11776) as the Department
of the Treasury, Bureau of the Fiscal Service .014--United States
Securities and Access.
Ryan Law,
Deputy Assistant Secretary for Privacy, Transparency, and Records.
[FR Doc. 2026-09288 Filed 5-8-26; 8:45 am]
BILLING CODE 4810-AK-P
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