To: Board of Supervisors
From: Treasurer/Tax Collector
Agenda Section: Consent
SUBJECT:
title
Amendment to MOU with CSAC Finance Corporation for CalTRECS Intercept Program
end
RECOMMENDATION(S):
Recommendation
That the Board of Supervisors:
1. Approve and execute the attached amendment (Attachment 1) to the Memorandum of Understanding (MOU) with the California State Association of Counties (CSAC) - Finance Corporation Tax Refund Exchange and Compliance System (CalTRECS) in conjunction with the Franchise Tax Board (FTB).
Body
SOURCE OF FUNDING:
General Fund (1100)
DISCUSSION:
On Aug. 20, 2019, your Board approved the MOU with CSAC Finance Corporation for county participation in the CalTRECS program (Attachment 2). This amendment makes changes to Section IV. 'Understanding of Parties' which currently states:
A. To recover the costs incurred by SCO and FTB in collecting debts, the Code authorizes SCO to charge Claimant Agency a fee on each successful offset that FTB collects for a claimant agency. The 2019 fee is established at two dollars ($2.25) per successful offset. Clearinghouse will add this fee to each debt for payment by the debtor prior to its submission to FTB. SCO bills Claimant Agency in April or May for each successful offset collected during the previous calendar year.
B. To recover the costs incurred by Clearinghouse in submitting debts for collection, a local collection assistance fee of twenty-five dollars ($25.00) is imposed by Claimant Agency on each delinquent debt submitted to FTB and collected through offset. This fee may be assessed as part of California Government Code GOV code 54985(a). On behalf of Claimant Agency, Clearinghouse will add this fee to each debt for payment by the debtor prior to its submission to FTB. Claimant Agency will remit the local collection assistance fee upon monthly billing by Clearinghouse for each successful offset collected during the previous month.
This amendment changes section A. (abo...
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