(30 ILCS 210/4) (from Ch. 15, par. 154)
Sec. 4.
(a) The Comptroller shall provide by rule appropriate
procedures for State agencies to follow in establishing and recording
within the State accounting system records of amounts owed to the State of
Illinois. The rules of the Comptroller shall include, but are not limited to:
(1) the manner by which State agencies shall |
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(2) systems to age accounts receivable of State
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(3) standards by which State agencies' claims may be
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| entered and removed from the Comptroller's Offset System authorized by Section 10.05 of the State Comptroller Act;
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(4) accounting procedures for estimating the amount
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| of uncollectible receivables of State agencies; and
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(5) accounting procedures for writing off bad debts
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| and uncollectible claims prior to referring them to the Department of Revenue Collections Bureau for collection.
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(b) State agencies shall report to the Comptroller information
concerning their accounts receivable and uncollectible claims in accordance
with the rules of the Comptroller, which may provide for summary reporting.
The Department of Revenue is exempt from the provisions of this subsection
with regard to debts the confidentiality of which the Department of Revenue is
required by law to maintain.
(c) The rules of the Comptroller authorized by this Section may specify
varying procedures and forms of reporting dependent upon the nature and
amount of the account receivable or uncollectible claim, the age of the
debt, the probability of collection and such other factors that will
increase the net benefit to the State of the collection effort.
(d) The Comptroller shall report annually by March 14 the amount of all delinquent debt owed to
each State agency as of December 31 of the previous calendar year. The report required under this subsection (d) shall be made available on the Comptroller's website.
(Source: P.A. 101-34, eff. 6-28-19.)
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