State of Illinois
92nd General Assembly
Legislation

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92_SB2424ham001

 










                                             LRB9217761SMcdam

 1                    AMENDMENT TO SENATE BILL 2424

 2        AMENDMENT NO.     .  Amend Senate Bill 2424, on  page  2,
 3    line 9, after "accounts", by inserting the following:
 4    "before  the  accounts  have  been certified as uncollectible
 5    under this Section"; and

 6    on page  2,  by  replacing  lines  15  through  19  with  the
 7    following:
 8    "schedule  for  the various receivables. The contractor shall
 9    remit the amount collected, net of the contingent fee, to the
10    respective State agency which shall deposit  the  net  amount
11    received  into  the fund that would have received the receipt
12    had it been collected by the  State  agency.  No  portion  of
13    the"; and

14    on page 2, by replacing line 25 with the following:
15    "Director  of  Central Management Services may sell the debts
16    that are eligible for sale to one or more outside"; and

17    on page 2, by replacing lines 31 and 32 with the following:
18    "shall  provide  for  a  contingent  fee.  Beginning  on  the
19    effective date of this amendatory Act of"; and

20    on page 2, line 34, by replacing "the State Comptroller" with
21    "the Department of Central Management Services"; and
 
                            -2-              LRB9217761SMcdam
 1    on page 3, by replacing line 4 with the following:
 2    "Assembly, the Director of Central Management Services  shall
 3    direct the State Comptroller to deposit the first"; and

 4    on  page  3,  line  5,  after  "Section",  by  inserting  the
 5    following:
 6    ", excluding those funds that by law may not be diverted from
 7    their original purpose,"; and

 8    on page 3, line 7, by deleting "by the State Comptroller".

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