AI Generated Summary
This Minnesota House bill proposes an amendment to Minnesota Statutes 2024, section 16D.09, subdivision 1, related to the reporting of uncollectible debts by state agencies. The key change in the bill is:
- Extending the deadline for the annual report from the commissioner of management and budget regarding uncollectible debts. The deadline is moved from October 31 to November 30 of each year.
The bill maintains existing requirements for state agencies to: - Remove uncollectible debts from financial records while still recognizing legal obligations. - Report such debts quarterly to the commissioner of management and budget. - Notify legislative committee chairs if an uncollectible debt equals or exceeds $100,000. - Maintain documentation on why a debt is deemed uncollectible.
The bill does not cancel the legal responsibility of a debtor to pay their outstanding debt.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| March 02, 2025 | House | Floor | Action | Introduction and first reading, referred to | State Government Finance and Policy |
Citations
[
{
"analysis": {
"added": [
"A new deadline for annual summaries of uncollectible debts has been established."
],
"removed": [],
"summary": "This bill modifies the reporting date for uncollectible debts under section 16D.09.",
"modified": [
"Changes the report submission date from October 31 to November 30."
]
},
"citation": "16D.09"
}
]