1996 Session

Budget Bill - HB30 (Introduced)

Division of Debt Collection

Item 48

Item 48

First Year - FY1997Second Year - FY1998
Collection Services (74000)$799,179$799,179
Fund Sources:  
SpecialFY1997 $799,179FY1998 $799,179

Authority: Title 2.1, Chapter 11, Code of Virginia.

The Division of Debt Collection is authorized to retain as special revenue the attorneys' fees paid by the Virginia Student Assistance Authorities, pursuant to 20 U.S.C. 1078, and up to 30% of receivables collected on behalf of state agencies.