Updates on Debt Collection and Data Analytics Dan Keenaghan Office of Management and Budget Office of Federal Financial Management

Page 2 Recently Enacted Legislation Debt Collection Implementation of the Digital Accountability and Transparency Act of 2014 (DATA Act) Section 5 - Debt Collection Improvement. Amended the Debt Collection Improvement Act of The DATA Act provisions on debt collection became effective as of May 9, Agencies must refer offset eligible debt to the Treasury Offset Program (TOP) no later than 120 days delinquent. Cross-Servicing referral requirement in OMB Circular A-129 currently remains unchanged from 180 days of delinquency; however, agencies that use Cross- Servicing for TOP referral must refer debts to Cross Servicing at 120 days delinquent to ensure compliance with the law. The law requires the Department of the Treasury (Fiscal Service), to report 120 day compliance to Congress.

DATA Act Enacted Signed into Law – May 2014 Implement Implementation of TROR Policy Updates TFM MFR TROR Policy Website 31 CFR Part 285 OMB Circular A Drafting TROR Modified Fiscal Service TROR application to capture new data requirements Page 3 Agency Outreach DATA Act Website Agency Survey & Questionnaire DMS Symposium Sessions DATA Act Webinars &Workshops Debt Collection 101 Training includes DATA Act Ongoing Outreach Agency Outreach TROR DATA Act – Implementation of Debt Referral at 120 Days Implement ✓ ✓ ✓ ✓ ✓

Page 4 Discussion of Updates to OMB Circular A-129  Write-off waiver criteria and process - Revisions to write-off policy  Exploring Cross Servicing alignment with 120 day referral requirement  Volunteers for expanded workgroup

OFFM Contact Financial Integrity and Risk Management Branch Dan Keenaghan