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1998 Special Session I

Budget Bill - HB4001 (Introduced)

Division of Debt Collection

Item 49

Item 49

First Year - FY1999Second Year - FY2000
Collection Services (74000)$862,868$868,885
Fund Sources: 
SpecialFY1999 $862,868FY2000 $868,885

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.