TINS Warrant Hold Web-Based Training

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Acronyms

ACH: Automated Clearing House
APN: Advance Payment Notification
FPP: Fiscal Policy and Procedure
IAT: International ACH Transaction
JV: Journal Voucher
NACHA: National Automated Clearing House Association
NOC: Notification of Change
ODFI: Originating Depository Financial Institution
RDFI: Receiving Depository Financial Institution's account
SIC: Standard Industrial Classification
TINS: Texas Identification Number System

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Lesson 6: The Warrant Offset Process

Voluntary Offset

A voluntary offset occurs when a payee:

Signs Section A on the back of the Notice of State Payment(s) Held letter
–AND–
Submits the letter to the Comptroller’s office.

This authorizes the Comptroller’s office to apply the held payment to the debt without waiting the required 30-day period before the offset can begin. The voluntary offset option can help speed up the process for some payees, especially if the offset results in an overage payment for the payee.

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