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HARRY HUGHES, Governor
2653
THAT THE SYSTEM, LIBRARY, OR INSTITUTION OWES MONEY TO THE
ACCUMULATION FUND OF THE PENSION SYSTEM, ANY DELINQUENT
PAYMENT MAY NOT BE COLLECTED UNTIL:
1. THE SCHOOL SYSTEM, PUBLIC
LIBRARY, OR EDUCATIONAL INSTITUTION HAS AN OPPORTUNITY TO
APPEAL THE DECISION TO THE COMPTROLLER OF THE TREASURY; AND
2. THE COMPTROLLER OF THE TREASURY
FINDS THAT THE FUNDS ARE OWED TO THE ACCUMULATION FUND.
(II) IF THE COMPTROLLER OF THE TREASURY
DETERMINES THAT MONEYS ARE OWED TO THE ACCUMULATION FUND,
THE MONEYS SHALL BE DEDUCTED FROM THE INCOME TAX PAYMENTS
STATE FUNDS DUE TO THE POLITICAL SUBDIVISION IN WHICH THE
SCHOOL SYSTEM, PUBLIC LIBRARY, OR EDUCATIONAL INSTITUTION IS
LOCATED.
89.
(2) (K) WHENEVER AN AUDIT OF THE RECORDS OF A SCHOOL
SYSTEM, PUBLIC LIBRARY, OR EDUCATIONAL INSTITUTION REVEALS
THAT THE SYSTEM, LIBRARY, OR INSTITUTION OWES MONEY TO THE
ACCUMULATION FUND OF THE TEACHERS' RETIREMENT SYSTEM, ANY
DELINQUENT PAYMENT MAY BE COLLECTED BY THE DIVISION OF
SOCIAL SECURITY IN THE MANNER SET FORTH IN SECTION 39(E)(2)
OF THIS ARTICLE FOR RECOVERY OF DELINQUENT SOCIAL SECURITY
PAYMENTS.
110.
(K) WHENEVER AN AUDIT OF THE RECORDS OF A SCHOOL
SYSTEM, PUBLIC LIBRARY, OR EDUCATIONAL INSTITUTION REVEALS
THAT THE SYSTEM, LIBRARY, OR INSTITUTION OWES MONEY TO THE
STATE FOR THE EMPLOYER'S CONTRIBUTION, ANY DELINQUENT
PAYMENT MAY BE COLLECTED BY THE DIVISION OF SOCIAL SECURITY
IN THE MANNER SET FORTH IN SECTION 39(E)(2) OF THIS ARTICLE
FOR RECOVERY OF DELINQUENT SOCIAL SECURITY PAYMENTS.
150.
(2) (J) WHENEVER AN AUDIT OF THE RECORDS OF A SCHOOL
SYSTEM, PUBLIC LIBRARY, OR EDUCATIONAL INSTITUTION REVEALS
THAT THE SYSTEM, LIBRARY, OR INSTITUTION OWES MONEY TO THE
ACCUMULATION FUND OF THE TEACHERS' PENSION SYSTEM, ANY
DELINQUENT PAYMENT MAY BE COLLECTED BY THE DIVISION OF
SOCIAL SECURITY IN THE MANNER SET FORTH IN SECTION 39(E)(2)
OF THIS ARTICLE FOR RECOVERY OF DELINQUENT SOCIAL SECURITY
PAYMENTS.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1981.
Approved May 19, 1981.
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