SB281 Alabama 2014 Session

This bill would establish the Office of Debt Recovery within the Department of Revenue to collect certain delinquent debts owed to or collected by the state. This bill would provide for the administration of the collection of certain debts. This bill would authorize the office to collect certain debt of political subdivisions under certain circumstances. This bill would authorize the collection of a fee. This bill would provide for the establishment of an electronic debt registry. This bill would authorize the promulgation of rules and regulations. This bill would provide for the waiver of penalty for delinquent filing or delinquent payment under certain circumstances

This bill would establish the Debt Recovery Fund as a special treasury fund. This bill would provide for the deposit, use, and investment of the monies in the fund. This bill would authorize the establishment and use of a financial institution data match system. This bill would authorize the acquisition and use of certain information from a financial institution. This bill would authorize the payment of certain fees for acquisition of data match request files. This bill would provide for the confidentiality of certain information

Relative to collections by the Department of Revenue; to establish the Office of Debt Recovery within the Department of Revenue to collect certain delinquent debts owed to or collected by the state; to provide for definitions; to provide for the administration of the collection of certain debts, to authorize the office to collect certain debt of political subdivisions under certain circumstances; to provide relative to procedure for collection of certain debts; to provide for certain requirements and limitations; to authorize the collection of a fee; to provide for the establishment of an electronic debt registry; to authorize the promulgation of rules and regulations; to provide for the waiver of penalty for delinquent filing or delinquent payment under certain circumstances; to authorize establishment of certain programs; to establish the Debt Recovery Fund as a special treasury fund; to provide for the deposit, use, and investment of the monies in the fund; to authorize the establishment and use of a financial institution data match system; to authorize the acquisition and use of certain information from a financial institution; to authorize the payment of certain fees for acquisition of data match request files; to provide for the confidentiality of certain information; to provide for an effective date; and to provide for related matters.