Senate Sponsors: WELCH. Short description: ST COLLECT-DEBT COLLECTION BD Synopsis of Bill as introduced: Amends the Illinois State Collection Act of 1986. Provides that all debts owed to State agencies that exceed $1,000 and are more than 4 months past due shall be placed in the Comptroller's Offset System (now that exceed $1,000 and are more than one year past due). Provides that agencies may require that vendors in the area of account collection be prequalified. Provides that collection contracts shall provide for a contingent fee. Provides that the contractor shall remit the amount collected, net of contingent fee, to the respective State agency, which shall deposit the amount into the fund that would have received the receipt had it been collected by the agency. Repeals the Section creating the Debt Collection Board. Last action on Bill: SESSION SINE DIE Last action date: 99-01-12 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status