[Federal Register: March 10, 2008 (Volume 73, Number 47)]
[Notices]
[Page 12797-12798]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr10mr08-122]
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DEPARTMENT OF THE TREASURY
Departmental Offices; Privacy Act of 1974, as Amended
AGENCY: Departmental Offices, Treasury.
ACTION: Notice of Proposed New Privacy Act System of Records.
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SUMMARY: In accordance with the requirements of the Privacy Act of
1974, as amended, 5 U.S.C. 552a, the Department of the Treasury, Office
of Financial Education, gives notice of a proposed new system of
records entitled ``National Financial Literacy Challenge Records--
Treasury/DO .217.''
DATES: Comments must be received no later than April 9, 2008. This new
system of records will be effective April 21, 2008 unless the Office of
Financial Education receives comments that would result in a contrary
determination.
ADDRESSES: Comments should be sent to Edwin Bodensiek, Director of
Outreach for Financial Education, Department of the Treasury, 1500
Pennsylvania Avenue, NW., Washington, DC 20220.
The Department will make such comments available for public
inspection and copying in the Department's Library, Room 1428, Main
Department Building, 1500 Pennsylvania Avenue, NW., Washington, DC
20220, on official business days between the hours of 10 a.m. and 5
p.m. Eastern Time. You can make an appointment to inspect comments by
telephoning (202) 622-0204. All comments, including attachments and
other supporting materials, received are part of the public record and
subject to public disclosure. You should submit only information that
you wish to make available publicly.
FOR FURTHER INFORMATION CONTACT: Edwin Bodensiek, Director of Outreach
for Financial Education, Department of the Treasury, 1500 Pennsylvania
Avenue, NW., Washington, DC 20220, at 202-622-8811 or via electronic
mail at ed.bodensiek@do.treas.gov.
SUPPLEMENTARY INFORMATION: The purpose of this system is to determine
award eligibility under the program described below which is expected
to be called the National Financial Literacy Challenge or a similar
name, (``Challenge''), and to provide data for analysis on improving
financial literacy. The Challenge is a new initiative in which
participating high school students age 13 and above voluntarily take a
test of their financial literacy. The Challenge consists of
approximately 35 substantive multiple choice questions about savings,
credit, income, financial responsibility, and money and risk
management, as well as approximately seven demographic questions on
items such as the student's age, grade level (i.e., sophomore, junior,
etc.) gender, race and/or ethnicity. Students who attain sufficiently
high scores will receive certificates and/or awards. The Department may
seek to publicly recognize top-scoring students, but will obtain
parental consent prior to doing so.
The test questions would not be part of the system of records
because the questions would not ask for personally identifiable
information. The system of records will include, for test participants,
the high schools' names and addresses; students' names; students'
scores; student names,
[[Page 12798]]
teachers, and high schools of award winners; teachers' names; teachers'
business email addresses; and teachers' business phone numbers.
The report of a new system of records, as required by 5 U.S.C.
552a(r) of the Privacy Act, has been submitted to the Committee on
Oversight and Government Reform of the House of Representatives, the
Committee on Homeland Security and Governmental Affairs of the Senate,
and the Office of Management and Budget, pursuant to Appendix I to OMB
Circular A-130, ``Federal Agency Responsibilities for Maintaining
Records About Individuals,'' dated November 30, 2000.
The proposed new system of records entitled ``National Financial
Literacy Challenge Records--Treasury/DO .217'' is published in its
entirety below.
Dated: March 4, 2008.
Peter B. McCarthy,
Assistant Secretary for Management and Chief Financial Officer.
TREASURY/DO .217
SYSTEM NAME:
National Financial Literacy Challenge--Treasury/DO.
SYSTEM LOCATION:
Department of the Treasury, Office of Financial Education, 1500
Pennsylvania Avenue, NW., Washington, DC 20220.
CATEGORIES OF INDIVIDUALS COVERED BY THE SYSTEM:
Individuals covered by the system will be those high school
students age 13 and older and their teachers who participate in the
test.
CATEGORIES OF RECORDS IN THE SYSTEM:
The system of records will include, for Challenge participants, the
high schools' names and addresses; students' names and scores; high
school names of award winners; teachers' names, teachers' business
email addresses and business phone numbers.
AUTHORITY FOR MAINTENANCE OF THE SYSTEM:
5 U.S.C. 301 and Executive Order 13455.
PURPOSE(S):
The records in this system will be used to identify students whose
scores on the Challenge meet the guidelines for award recognition and
to distribute the awards to the teachers, who in turn will distribute
the awards to the students. Aggregate data and reports related to the
program that may be generated and used for analysis will be in a form
that is not individually identifiable.
ROUTINE USES OF RECORDS MAINTAINED IN THE SYSTEM INCLUDING CATEGORIES
OF USERS AND PURPOSES OF SUCH USES
These records may be used to disclose information to:
(1) A court, magistrate, or administrative tribunal, in the course
of presenting evidence, including disclosures to opposing counsel or
witnesses, for the purpose of civil discovery, litigation, or
settlement negotiations or in response to a subpoena, where relevant or
potentially relevant to a proceeding, or in connection with criminal
law proceedings;
(2) A congressional office in response to an inquiry made at the
request of the individual (or the individual's parents or guardians) to
whom the record pertains;
(3) A contractor or a sponsor, operating in conjunction with the
Office of Financial Education to the extent necessary to present
appropriate awards;
(4) Appropriate agencies, entities, and persons when (a) the
Department suspects or has confirmed that the security or
confidentiality of information in the system of records has been
compromised; (b) the Department has determined that as a result of the
suspected or confirmed compromise there is a risk of harm to economic
or property interests, identity theft or fraud, or harm to the security
or integrity of this system or other systems or programs (whether
maintained by the Department or another agency or entity) that rely
upon the compromised information; and (c) the disclosure made to such
agencies, entities, and persons is reasonably necessary to assist in
connection with the Department's efforts to respond to the suspected or
confirmed compromise and prevent, minimize, or remedy such harm, and
(5) These records may be used to disclose award winners to the
participant's high school.
POLICIES AND PRACTICES FOR STORING, RETRIEVING, ACCESSING, RETAINING
AND DISPOSING OF RECORDS IN THE SYSTEM:
STORAGE:
Paper records and electronic media.
RETRIEVABILITY:
Students' scores will be retrievable by name, teacher, and school.
Teacher data is retrievable by the name and contact information of the
teacher. School information is retrievable by the name and location of
the school.
RETENTION AND DISPOSAL:
Records will be destroyed at the earliest possible date consistent
with applicable records retention policies.
SAFEGUARDS:
All official access to the system of records is on a need-to-know
basis only, as authorized by the Office of Financial Education of the
U.S. Treasury Department. Procedural and physical safeguards, such as
personal accountability, audit logs, and specialized communications
security, will be utilized. Each user of computer systems containing
records will have individual passwords (as opposed to group passwords)
for which the user is responsible. Access to computerized records will
be limited, through use of access codes, encryption techniques, and/or
other internal mechanisms, to those whose official duties require
access. Storage facilities will be secured by various means such as
locked file cabinets with key entry.
SYSTEM MANAGER(S) AND ADDRESS:
Director of Outreach, Department of the Treasury, 1500 Pennsylvania
Avenue, NW., Washington, DC 20220.
NOTIFICATION PROCEDURE:
Individuals wishing to be notified if they are named in this system
of records, gain access to records maintained in this system, or seek
to contest its content, must submit a written request containing the
following elements: (1) Identify the record system; (2) identify the
category and type of records sought; and (3) provide at least two items
of secondary identification (See 31 CFR Part 1, Appendix A). Address
inquiries to: Director, Disclosure Services, Department of the
Treasury, 1500 Pennsylvania Ave., NW., Washington, DC 20220.
RECORDS ACCESS PROCEDURES:
See ``notification procedure'' above.
CONTESTING RECORDS PROCEDURES:
See ``notification procedure'' above.
RECORDS SOURCE CATEGORIES:
Student test takers; high school points of contact; and Department
of the Treasury records.
EXEMPTIONS CLAIMED FOR THE SYSTEM:
None.
[FR Doc. E8-4629 Filed 3-7-08; 8:45 am]
BILLING CODE 4811-42-P