Treasury Renews Forms for Smooth Federal Payment Deposits
Published Date: 5/1/2026
Notice
Summary
The Treasury Department is asking for public feedback on renewing forms that help people and businesses get federal payments directly into their bank accounts. These forms won’t change, but your comments are welcome until June 1, 2026. This process keeps payments smooth and on time without costing extra money or time for most folks.
Analyzed Economic Effects
7 provisions identified: 7 benefits, 0 costs, 0 mixed.
Direct Deposit Form Renewal
The Treasury is renewing its Direct Deposit sign-up forms (SF-1199A; FS Forms 1200, 1200VADE, 1201L, 1201S) used to authorize federal payments into bank accounts. The collection covers an estimated 406,175 respondents, at 10 minutes per response (estimated 67,786 annual burden hours); comments are due by June 1, 2026.
Most Federal Payments by EFT
A Treasury regulation (Management of Federal Agency Disbursements) requires that most Federal payments be made by Electronic Funds Transfer (EFT), sets waiver requirements, and provides for a low-cost Treasury-designated account at participating financial institutions. This information collection extension covers an estimated 1,300 respondents at 15 minutes each (325 annual burden hours).
EFT Customer Research Surveys
Treasury will continue market research (surveys, focus groups, interviews) among recipients of federal benefit and vendor payments made by EFT to study usage and increase direct deposit. The generic clearance covers an estimated 19,500 respondents, 16 minutes per response (approximately 5,200 annual burden hours).
Treasury Stored Value Card Applications
Treasury is renewing application and contractor agreement forms for the Treasury Stored Value Card (SVC) program (FS Form 2887; FS Form 2889; FS Form 5752). Disclosure is voluntary, but failing to provide requested information may delay or prevent participation. Estimated respondents: 102,030; time per response: 10 minutes (1 minute for FS Form 5752); total estimated burden: 17,001 hours.
Accountable Official SVC Form
Treasury is renewing FS Form 2888 used by accountable officials to enroll in the Treasury Accountable Official Stored Value Card (SVC) program, to authorize debits/credits and facilitate collection of delinquent amounts. Estimated respondents: 7,500; time per response: 10 minutes; estimated total burden: 1,250 hours.
Savings Bonds Reissue Form
Treasury is renewing the FS Form 4000 used to request reissue of paper Series EE and Series I United States Savings Bonds and retirement/IRA bonds and to indicate new registration. Estimated respondents: 38,000; time per response: 30 minutes; estimated total burden: 19,000 hours.
Savings Bonds Holdings Description
Treasury is renewing forms (FS Form 1980; FS Form 2490) used to collect descriptions of an owner's holdings of United States securities (Series HH/H and other bonds/notes). Estimated respondents: 950; time per response: 6 minutes; estimated total burden: 95 hours.
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Related Federal Register Documents
2026-08143 — Streamlining Regulations Concerning Public Welfare Investments, Open Market Collateralized Loan Obligations, and Federal Savings Association Nondiscrimination Requirements
The Treasury’s Office of the Comptroller of the Currency wants to simplify some banking rules by removing outdated or confusing parts. This affects banks, especially federal savings associations and those dealing with certain loan investments. They’re asking for public feedback by May 27, 2026, aiming to cut red tape and make compliance easier without changing costs.
2025-21626 — Regulatory Capital Rule: Modifications to the Enhanced Supplementary Leverage Ratio Standards for U.S. Global Systemically Important Bank Holding Companies and Their Subsidiary Depository Institutions; Total Loss-Absorbing Capacity and Long-Term Debt Requirements for U.S. Global Systemically Important Bank Holding Companies
Big U.S. banks that are super important to the economy are getting new rules to keep them safer and stronger. These changes tweak how much money they must keep on hand and how they handle long-term debt, helping prevent financial trouble. The new rules kick in soon and could affect how these banks manage billions in assets and debt.
2025-18278 — Occupations That Customarily and Regularly Received Tips; Definition of Qualified Tips
If you earn tips at work, these new rules show which jobs count as tip-earning and explain what counts as 'qualified tips' for tax deductions. The changes apply to tips received up to December 31, 2024, helping workers and employers know exactly what tips can lower their taxes. Get ready to keep better track of your tips and maybe save some money when tax time rolls around!
2025-05199 — Beneficial Ownership Information Reporting Requirement Revision and Deadline Extension
FinCEN is making it easier for U.S. companies by only requiring foreign companies to report who really owns them. Domestic companies don’t have to report or update their ownership info anymore. Plus, foreign companies get more time—30 days—to file or fix their reports, and they don’t have to share info about U.S. owners, saving time and hassle.
2025-02251 — Administrative Requirements for an Election To Exclude Applicable Unincorporated Organizations From the Application of Subchapter K; Hearing Cancellation
If you run an unincorporated organization, new rules are coming to help you skip some tricky partnership tax laws. These changes explain how to make that election properly, so you don’t get caught in confusing tax stuff. No extra fees or deadlines yet, but keep an eye out for updates to stay ahead!
2026-10037 — Preemption Determination: State Interest-on-Escrow Laws
Starting June 18, 2026, federal law will override state rules that limit how banks regulated by the OCC pay interest or charge fees on real estate escrow accounts. This means these banks get more freedom to decide if and how they pay interest or fees, making things clearer and simpler for banks and customers alike. If you have a mortgage or work with banks, expect smoother, more consistent handling of escrow accounts across states.
Previous / Next Documents
Previous: 2026-08540 — Agency Information Collection Activities Under OMB Review
The Commodity Futures Trading Commission is asking for public feedback on a new paperwork plan that affects traders and companies. They want to make sure the info they collect is worth the time and money it takes. You’ve got until June 1, 2026, to share your thoughts and help shape the rules!
Next: 2026-08542 — Agency Information Collection Activities: Submission for OMB Review; Comment Request
The Centers for Medicare & Medicaid Services (CMS) wants your feedback on their plan to collect some info from the public. This is part of a routine check to make sure the questions they ask aren’t too much work and really help them do their job. If you have thoughts, you’ve got until June 1, 2026, to speak up—no cost to comment, just your time!