The bill amends Minnesota Statutes 2024, section 16D.09, subdivision 1, to change the reporting deadline for uncollectible debts determined by state agencies. Specifically, it shifts the date by which the commissioner of management and budget must provide an annual summary of uncollectible debts from October 31 to November 30. This change aims to provide additional time for the compilation and reporting of relevant data regarding debts deemed uncollectible.
Additionally, the bill outlines the criteria under which a debt may be classified as uncollectible, including factors such as the exhaustion of collection efforts, the cost of further collection exceeding recoverable amounts, and the debtor's inability to be located. It mandates that state agencies maintain documentation supporting their determination of uncollectibility and requires notification to legislative committee leaders when uncollectible debts reach or exceed $100,000. The legal obligation of the debtor to pay the debt remains intact, even after it is classified as uncollectible.
Statutes affected: Introduction: 16D.09