Data / Federal rules / 2024-04380
U.S. Treasury Securities-State and Local Government Series
The Bureau of the Fiscal Service published this final rule in the Federal Register on March 4, 2024. It took effect on August 26, 2024.
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What the agency says
The Department of the Treasury (Treasury) is issuing this final rule to amend the regulations governing State and Local Government Series (SLGS) securities. SLGS securities are non-marketable Treasury securities that are available for purchase only by issuers of tax-advantaged securities. The final rule amends the SLGS regulations to prevent impermissible uses of the SLGS program, most notably the use of program flexibilities by tax-advantaged entities, usually a state or local government, investing in SLGS securities to create impermissible cost-free options. The final rule amends the existing regulations to prevent such activity. In addition, the final rule makes administrative changes to increase efficiencies in the program.
Key facts
- Document number
- 2024-04380
- Type
- Final rule
- Action
- Final rule
- Agency
- Treasury Department; Bureau of the Fiscal Service
- Published
- March 4, 2024
- Takes effect
- August 26, 2024
- Dates
- This final rule is effective August 26, 2024.
- Docket
- FISCAL-2022-0002
- Regulation ID (RIN)
- 1530-AA25
- Code of Federal Regulations
- 31 CFR 344
- Topics
- Bonds; Government securities; Reporting and recordkeeping requirements
- Pages
- 11
Other documents from the Bureau of the Fiscal Service
| Document | Type | Published |
|---|---|---|
| Eliminating Unnecessary Regulations 2026-08950 | Final rule | May 6 |
| Public Dissemination of the Identity of a Delinquent Debtor 2025-16103 | Proposed rule | Aug 22, 2025 |
| Disclosure of Records 2024-29988 | Final rule | Dec 18, 2024 |
| Federal Government Participation in the Automated Clearing House 2024-17413 | Proposed rule | Aug 9, 2024 |
| Surety Companies Doing Business With the United States 2024-12491 | Final rule | Jun 10, 2024 |
Everything from the Bureau of the Fiscal Service · Rules on bonds · Rules on government securities · Rules on reporting and recordkeeping requirements · Published in March 2024
Read from the Federal Register API, last updated 2026-10-23. The document on federalregister.gov is the official record; dates and dockets can change through later corrections. Free to reuse with credit to SpecStream under CC BY 4.0.