The bill amends Minnesota Statutes 2022, section 16D.09, subdivision 1, to change the deadline for reporting uncollectible debts by state agencies. Specifically, it modifies the requirement for the commissioner of management and budget to 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 this financial information.

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 collection exceeding recoverable amounts, and the debtor's inability to pay. It mandates that state agencies maintain documentation supporting their determination of uncollectibility and requires notification to legislative committee members when uncollectible debts reach or exceed $100,000. The legal obligation of the debtor to pay the debt remains intact, even after it is deemed uncollectible.

Statutes affected:
Introduction: 16D.09