Lee explains debt referral process and program mechanics
Lee describes how ECB debt is referred to DOF upon OATH docketing of unresolved violations, explains that violations go into judgment after 100 days, and outlines that amnesty participants would receive a 25% reduction with interest waived and must resolve any violations requiring correction.
ECB debt is referred to the Department of Finance upon Oates'docketing of unresolved violations that have been adjudicated by Oates'ECB subdivision.
The proposed amnesty program will incentivize resolution and payment by reducing fines for individuals who have violations in judgment.
Violations go into judgment when recipients do not pay or dispute them within 100 days generally.
Amnesty program participants would receive a 25% reduction in the violation amount and will have the interest waived.
The program would require the resolution of any outstanding violations which require correction.