NoticeProcedural — Correction

Application and Renewal Fees Imposed on Surety Companies and Reinsuring Companies; Increase in Fees Imposed; Correction

In Plain English

What is this Federal Register notice?

This is a notice published in the Federal Register by Treasury Department, Bureau of the Fiscal Service. Notices communicate information, guidance, or policy interpretations but may not create new binding obligations.

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Who does this apply to?

Consult the full text of this document for specific applicability provisions. The affected parties depend on the regulatory scope defined within.

When does it take effect?

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Why it matters: This rule corrects errors in a previously published applicable regulations regulation.

Document Details

Document Number	2024-28806
Type	Notice
Published	Dec 9, 2024
Effective Date	-
RIN	-
Docket ID	-
Text Fetched	Yes

Agencies & CFR References

Agency Hierarchy:

Treasury Department→Bureau of the Fiscal Service

CFR References:

None

Linked CFR Parts

Part	Name	Agency
No linked CFR parts

Paired Documents

Type	Proposed	Final	Method	Conf
No paired documents

External Links

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▼ Full Document Text (260 words · ~2 min read)

Text Preserved

<NOTICE>
 
 DEPARTMENT OF THE TREASURY 
 <SUBAGY>Bureau of the Fiscal Service</SUBAGY>
 <SUBJECT>Application and Renewal Fees Imposed on Surety Companies and Reinsuring Companies; Increase in Fees Imposed; Correction</SUBJECT>
 
 <HD SOURCE="HED">AGENCY:</HD>
 Bureau of the Fiscal Service, Treasury. 
 
 
 <HD SOURCE="HED">ACTION:</HD>
 Notice of fees imposed on surety companies and reinsuring companies; Correction. 
 
 <SUM>
 <HD SOURCE="HED">SUMMARY:</HD>
 The Department of the Treasury, Bureau of the Fiscal Service, published a document in the Federal Register of December 2, 2024, adding renewal fees for Complementary and Alien Reinsurers as well as Admitted Reinsurer—Reinsurance Market companies and increasing the existing fees it imposes on and collects from surety companies and reinsuring companies, effective January 1, 2025. The document contained typographical errors effecting the dollar values. 
 </SUM>
 <FURINF>
 <HD SOURCE="HED">FOR FURTHER INFORMATION CONTACT:</HD>
 
 Melvin Saunders, at (304) 480-5108 or 
 <E T="03">melvin.saunders@fiscal.treasury.gov</E>
 ; or Bobbi McDonald, at (304) 480-7098 or 
 <E T="03">bobbi.mcdonald@fiscal.treasury.gov</E>
 .
 
 </FURINF>
 
 <SUPLINF>
 <HD SOURCE="HED">SUPPLEMENTARY INFORMATION:</HD>
 
 In the 
 <E T="04">Federal Register</E>
 of December 2, 2024, in FR Doc. 2024-28231, on page 95911, in “The new fee rate schedule” section should read as follows:
 
 (1) Examination of a company's application for a Certificate of Authority as an acceptable surety or as an acceptable reinsuring company on Federal bonds: $13,600. 
 <STARS/>
 (3) Examination of a company's application for recognition as an Admitted Reinsurer: $5,000. 
 <STARS/>
 (6) Examination of a company's application for recognition as an Alien Reinsurer: $5,000. 
 <STARS/>
 (8) Examination of a company's application for recognition as a Complementary Reinsurer: $5,000. 
 <STARS/>
 <SIG>
 <DATED>Dated: December 4, 2024.</DATED>
 <NAME>Lela Anderson,</NAME>
 Attorney-Advisor. 
 </SIG>
 </SUPLINF>
 <FRDOC>[FR Doc. 2024-28806 Filed 12-6-24; 8:45 am] </FRDOC>
 </NOTICE>
						

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