SCULLY AND NOVAK.
ST DEBT COLLECTION-AUD GEN
Synopsis of Bill as introduced:
Amends the State Finance Act and the Illinois State Collection
Act of 1986. Requires that the Auditor General establish a Debt
Collection Unit for the collection of overdue debts owed to the State.
Beginning July 1, 2000, requires State agencies other than
universities to determine the uncollectibility of debts using rules
adopted by the Auditor General and to turn over to the Debt Collection
Unit debts more than 90 days overdue. Exempts confidential debts owed
to the Department of Revenue. Permits universities to use the Auditor
General's rules and to turn debts over to the Debt Collection Unit.
Requires that 10% of debts collected by the Debt Collection Unit be
deposited into a special fund in the State treasury for payment of the
Unit's administrative costs. Requires the Auditor General to report
semi-annually to the General Assembly and State Comptroller upon debts
owed to the State and upon collection efforts. Abolishes in 2000 the
Debt Collection Board, the Comptroller's use of special account
receivable funds, and the use of private collection services by
individual State agencies. Effective immediately.
FISCAL NOTE (Auditor General)
Total estimated cost for the Debt Collection Unit would be
$2,575,450 for start-up. Cost for office space is not known
or estimable at this time.
Last action on Bill: SESSION SINE DIE
Last action date: 01-01-09
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0
END OF INQUIRY
Full Text Bill Status