What is a postal service?

Proposed legislation passed this month by the House Government Reform Committee calls for a major overhaul of the U.S. Postal Service and lays out a narrow definition of a postal service:

"'Postal service' means the carriage of letters, printed matter or mailable packages, including acceptance, collection, processing, delivery, or other services supportive or ancillary thereto."

The legislation would also:

Categorize postal services as either market-dominant products or competitive products, which are subject to separate new accounting rules.

Require income and expenses from competitive products to be segregated in a Treasury Department revolving fund that will be called the Competitive Products Fund.

Define an assumed federal tax on income from competitive products offered by USPS and require the amount of that assumed tax to be transferred each year from the Competitive Products Fund to the main Postal Service Fund.

Authorize USPS officials to conduct a study of universal mail service and submit a report to Congress one year after the legislation is enacted.

Source: Postal Accountability and Enhancement Act (H.R. 4341)

Featured

  • Cybersecurity

    DHS floats 'collective defense' model for cybersecurity

    Homeland Security Secretary Kirstjen Nielsen wants her department to have a more direct role in defending the private sector and critical infrastructure entities from cyberthreats.

  • Defense
    Defense Secretary James Mattis testifies at an April 12 hearing of the House Armed Services Committee.

    Mattis: Cloud deal not tailored for Amazon

    On Capitol Hill, Defense Secretary Jim Mattis sought to quell "rumors" that the Pentagon's planned single-award cloud acquisition was designed with Amazon Web Services in mind.

  • Census
    shutterstock image

    2020 Census to include citizenship question

    The Department of Commerce is breaking with recent practice and restoring a question about respondent citizenship last used in 1950, despite being urged not to by former Census directors and outside experts.

Stay Connected

FCW Update

Sign up for our newsletter.

I agree to this site's Privacy Policy.