This bill amends Minnesota Statutes 2024, section 16D.09, subdivision 1, to change the reporting date for uncollectible debts determined by state agencies. Specifically, the deadline for the commissioner of management and budget to provide an annual summary of uncollectible debts has been shifted from October 31 to November 30. This change aims to allow for a more accurate and comprehensive reporting period for the debts deemed uncollectible during the previous fiscal year.

Additionally, the bill outlines the criteria under which a debt is considered uncollectible, including factors such as the exhaustion of collection efforts, the cost of further action exceeding recoverable amounts, and the debtor's inability to be located. It mandates that state agencies report uncollectible debts as part of their quarterly reports and notify legislative committee leaders if the uncollectible debt reaches or exceeds $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