The Bond Management Information System (BMIS) is an immigration bond management database used primarily by the Office of Financial Management (OFM) at U.S. Immigration and Customs Enforcement (ICE). The basic function of BMIS is to support the financial management of immigration bonds posted for the release of aliens in ICE custody. Among other things, ICE uses BMIS to calculate and pay interest to obligors who post cash immigration bonds. Under Internal Revenue Service (IRS) rules, interest payments to certain obligors are subject to backup withholdings where a percentage of the payment is withheld as tax and sent to the IRS. To begin to implement the backup withholding rules, ICE is modifying BMIS to collect additional information about obligors to determine whether a backup withholding is required. Because ICE is expanding the scope of information collected and the purposes for which BMIS information is being used, an update to the BMIS PIA is required.
|DHS/ICE/PIA-005 Bond Management Information System Web Version (BMIS Web) 2.2-2011||288.17 KB|
|DHS/ICE/PIA-005(a) Bond Management Information System 2009||220.94 KB|
|DHS/ICE/PIA-005 Bond Management Information System 2008||195.52 KB|
Last Published Date: May 10, 2019