41 C.F.R. · Public Contracts and Property Management
41 C.F.R. § 105.56.029

Offset amount.

Title 41 C.F.R. ● ACTIVE Primary Source
Regulatory Text

41 C.F.R. § 105.56.029 — Offset amount.

§ 105–56.029 Offset amount. (a) The minimum dollar amount of salary offset under this subpart is $100. (b) The amount offset from a salary payment under this subpart will be the lesser of— (1) The amount of the debt, including any interest, penalties and administrative costs; or (2) Up to 15 percent of the debtor's disposable pay. (c) Alternatively, the amount offset may be an amount agreed upon, in writing, by the debtor and the creditor agency. (d) Offsets will continue until the debt, including any interest, penalties, and administrative costs, is paid in full or otherwise resolved to the satisfaction of the creditor agency.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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BS-CFR41-SEC-8EE9C1
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boisestandard.org
Citation
41 C.F.R. § 105.56.029
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The regulatory text of 41 C.F.R. § 105.56.029 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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