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(305 ILCS 5/10-24.5)
Sec. 10-24.5.
Financial institutions data matches.
(a) The Illinois Department may design and implement a data match system
pursuant to which the Illinois Department shall enter into agreements with
financial institutions doing business in this State for the purpose of
identifying accounts as defined in Section 10-24
of responsible relatives who owe
past-due child support.
(b) Every
agreement entered into with a financial institution under this Section shall
provide, at the option of the financial institution, either (i) that the
financial institution shall compare data concerning
account holders, owners, or customers who maintain one or more accounts as
defined in Section 10-24 at the
financial institution with data concerning individuals identified by the
Illinois
Department as responsible relatives who owe past-due child
support and for each of whom the Illinois Department shall provide the name,
record address, and social security number or tax identification number, or
(ii) that the financial institution shall provide the
social
security number or tax identification number of the
account holders, owners, or customers who maintain one or more accounts as
defined in Section 10-24 at the
financial institution to the Illinois Department, which shall
compare that data with data concerning individuals identified
as responsible relatives who owe past-due
child support.
(c) Every agreement shall provide that the Illinois Department shall pay to
the financial institution providing or comparing the data a reasonable fee not
to exceed the
institution's actual cost of providing the data or performing the comparison.
(d) If the financial institution or Illinois Department determines that the
name and either social
security number or tax identification number of an individual identified by the
Illinois Department under subsection (b) match the name and either social
security number or tax identification number of the account holder, owner, or
customer
who maintains one or more accounts as defined in Section 10-24
at the financial institution,
then the financial institution
shall report the individual's name and either social security number or tax
identification number to the Illinois Department, for each calendar quarter in
which the individual is identified by the Illinois Department as a responsible
relative who owes past-due child support.
(Source: P.A. 90-18, eff. 7-1-97.)
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