Offset of Tax Refund Payments to Collect State Income Tax Obligations

Résumé

In the rules and regulations portion of this Federal Register, the Financial Management Service is issuing an interim rule setting forth the rules governing the offset of Federal tax refund payments to collect State income tax obligations. The Internal Revenue Service Restructuring and Reform Act of 1988 authorizes the Secretary of the Treasury to reduce or offset Federal tax refund payments to satisfy delinquent State income tax obligations. The interim rule also serves as the text of this notice of proposed rulemaking.