SB0634ham001 100TH GENERAL ASSEMBLY

Rep. Sara Wojcicki Jimenez

Filed: 5/23/2017

10000SB0634ham001 LRB100 05383 RJF 26820 a

AMENDMENT TO SENATE BILL 634

AMENDMENT NO. ______. Amend Senate Bill 634 by replacing everything after the enacting clause with the following:

"Section 5. The State Employees Group Insurance Act of 1971 is amended by adding Section 6.12a as follows:

(5 ILCS 375/6.12a new)

Sec. 6.12a. Vendor assistant program for dentists providing services to State of Illinois employees. The Department of Central Management Services may establish a vendor payment program for dentists providing services to State of Illinois employees under which qualified purchasers may purchase from participating vendors certain qualified accounts receivable owed by the State to the participating vendors. This program shall be subject to any State offset of the purchase price for which any qualified account receivable purchased under the program equals 100% of the base invoice amount associated with such account receivable, as determined by the Department of Central Management Services. The purchase price for a qualified account receivable shall be determined by the Department of Central Management Services. In consideration of the payment of the purchase price, a participating dentist shall assign to the qualified purchaser all of its rights to payment of such qualified account receivable, including all current and future prompt payment penalties due relating to such qualified account receivable in accordance with the State Prompt Payment Act.

Section 99. Effective date. This Act takes effect upon becoming law.".