Illinois General Assembly - Full Text of SB0634
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Full Text of SB0634  100th General Assembly

SB0634ham001 100TH GENERAL ASSEMBLY

Rep. Sara Wojcicki Jimenez

Filed: 5/23/2017

 

 


 

 


 
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1
AMENDMENT TO SENATE BILL 634

2    AMENDMENT NO. ______. Amend Senate Bill 634 by replacing
3everything after the enacting clause with the following:
 
4    "Section 5. The State Employees Group Insurance Act of 1971
5is amended by adding Section 6.12a as follows:
 
6    (5 ILCS 375/6.12a new)
7    Sec. 6.12a. Vendor assistant program for dentists
8providing services to State of Illinois employees. The
9Department of Central Management Services may establish a
10vendor payment program for dentists providing services to State
11of Illinois employees under which qualified purchasers may
12purchase from participating vendors certain qualified accounts
13receivable owed by the State to the participating vendors. This
14program shall be subject to any State offset of the purchase
15price for which any qualified account receivable purchased
16under the program equals 100% of the base invoice amount

 

 

10000SB0634ham001- 2 -LRB100 05383 RJF 26820 a

1associated with such account receivable, as determined by the
2Department of Central Management Services. The purchase price
3for a qualified account receivable shall be determined by the
4Department of Central Management Services. In consideration of
5the payment of the purchase price, a participating dentist
6shall assign to the qualified purchaser all of its rights to
7payment of such qualified account receivable, including all
8current and future prompt payment penalties due relating to
9such qualified account receivable in accordance with the State
10Prompt Payment Act.
 
11    Section 99. Effective date. This Act takes effect upon
12becoming law.".