# 45 CFR § 1150.10: What is the extent of the Chairperson's authority to compromise debts owed to the Endowment, or to suspend or terminate collection action on such debts?

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-45-1150.10

## Section

- **Citation:** 45 CFR § 1150.10
- **Heading:** What is the extent of the Chairperson's authority to compromise debts owed to the Endowment, or to suspend or terminate collection action on such debts?
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 45—Public Welfare > Subtitle B—Regulations Relating to Public Welfare > CHAPTER XI—NATIONAL FOUNDATION ON THE ARTS AND THE HUMANITIES > SUBCHAPTER B—NATIONAL ENDOWMENT FOR THE ARTS > PART 1150—COLLECTION OF CLAIMS > Subpart A—General Provisions

## Text

(a) The Chairperson may exercise his or her authority to compromise, or to suspend or terminate collection action on, those debts owed to the Endowment and not exceeding $100,000, excluding interest, in conformity with the Federal Claims Collection Act of 1966, as amended; the Federal Claims Collection Standards issued thereunder; and this part, except where standards are established by other statutes or authorized regulations issued pursuant to them.
(b) The portion of a debt owed to the Endowment that is unrecovered as the result of a compromise shall be reported to the Internal Revenue Service (IRS) as income to the debtor.

## Nearby sections

- [45 CFR § 1150.1 § 1150.1 What definitions apply to the regulations in this part?](https://www.frixlaw.com/law-library/statutes/ecfr-45-1150.1.md)
- [45 CFR § 1150.2 § 1150.2 What is the Endowment's authority to issue these regulations?](https://www.frixlaw.com/law-library/statutes/ecfr-45-1150.2.md)
- [45 CFR § 1150.3 § 1150.3 What other regulations also apply to the Endowment's debt collection efforts?](https://www.frixlaw.com/law-library/statutes/ecfr-45-1150.3.md)
- [45 CFR § 1150.4 § 1150.4 What types of claims are excluded from these regulations?](https://www.frixlaw.com/law-library/statutes/ecfr-45-1150.4.md)
- [45 CFR § 1150.5 § 1150.5 What notice will I be provided if I owe a debt to the Endowment?](https://www.frixlaw.com/law-library/statutes/ecfr-45-1150.5.md)
- [45 CFR § 1150.6 § 1150.6 What opportunity do I have to obtain a review of my debt within the Endowment?](https://www.frixlaw.com/law-library/statutes/ecfr-45-1150.6.md)
- [45 CFR § 1150.7 § 1150.7 What interest, penalty charges, and administrative costs will I have to pay on a debt owed to the Endowment?](https://www.frixlaw.com/law-library/statutes/ecfr-45-1150.7.md)
- [45 CFR § 1150.8 § 1150.8 Will failure to pay my debt affect my eligibility for Endowment programs?](https://www.frixlaw.com/law-library/statutes/ecfr-45-1150.8.md)
- [45 CFR § 1150.9 § 1150.9 How can I resolve the Endowment's claim through a voluntary repayment agreement?](https://www.frixlaw.com/law-library/statutes/ecfr-45-1150.9.md)
- [45 CFR § 1150.10 § 1150.10 What is the extent of the Chairperson's authority to compromise debts owed to the Endowment, or to suspend or terminate collection action on such debts?](https://www.frixlaw.com/law-library/statutes/ecfr-45-1150.10.md)
- [45 CFR § 1150.11 § 1150.11 How does subdividing or joining debts owed to the Endowment affect the Chairperson's compromise, suspension, or termination authority?](https://www.frixlaw.com/law-library/statutes/ecfr-45-1150.11.md)
- [45 CFR § 1150.12 § 1150.12 How will the Endowment use credit reporting agencies to collect its claims?](https://www.frixlaw.com/law-library/statutes/ecfr-45-1150.12.md)
- [45 CFR § 1150.13 § 1150.13 How will the Endowment contract for collection services?](https://www.frixlaw.com/law-library/statutes/ecfr-45-1150.13.md)
- [45 CFR § 1150.14 § 1150.14 When will the Endowment refer claims to the DOJ?](https://www.frixlaw.com/law-library/statutes/ecfr-45-1150.14.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-45-1150.10. Check the current official text before relying on it. Not legal advice.