Code of Federal Regulations Title 20. Employees' Benefits § 20.606.30 Interest rates on advances

Advances made to States pursuant to title XII of the Social Security Act shall be subject to interest payable on the due dates specified in § 606.31.  1 The interest rate for each calendar year will be 10 percent or, if less, the rate determined by the Secretary of the Treasury and announced to the States by the Department.

 (Editorial note:  This section will be added at a later date.)