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Document Identification
Title
Economic Opportunity (1 2006, 5 January)
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- Office of the Illinois Treasurer e-newsletter (EconomicOpportunityE-NewsletterJanuary2006.pdf)
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Description
Through our E-newsletter, we'll share new programs that are being developed, as well as changes to our programs and success stories. This issue's articles are: E-Pay program complies with state law, Step-Small Business, Illini Bank & Coco-Bon Gourmet, Seniors Who Start Over Again, Uncork the potential of Illinois Wine and Illinois Wine Industry Facts.
Subject Classification
- Business and industry: Banking
- Business and industry: Economic development
- Business and industry: Small business
- State government: Elected state officials: Illinois Treasurer
Sample text from the file
.Volume 1, Issue 1, Issue Volume 1, Issue When you are enrolled in the Illinois Funds E-Pay Program, you can rest assured that your public integrity has been taken into account. E-Pay complies with Illinois statutes and with national credit card association regulations (which carry penalties for violations) and ACHA (National Automated Clearing House Association) rules. Both public and private entities have been assessed monetary penalties ranging from $500 up to $25,000. Credit card asso-ciations have also terminated accounts for subsequent viola-tions. 1) VISA regulations allow tieredconvenience fee for Internet and IVR phone payments for taxes only (income, real estate), while all other payables must use "flat fee" convenience fee formula. 2) Regulations requiring that check debit transaction carry the same convenience fee as credit card transaction when both debit and credit options are offered. Illinois law requires your credit card acceptance service to be competitively bid, but
Issuing Agency
Illinois
Office of the State Treasurer
Program: Division of Economic Opportunity
Contact
Organization: Office of the Illinois State Treasurer
300 West Jefferson Street
Springfield, IL 62702
Phone: 217-557-6439
Document Descriptive Information
File Data
- Language(s): EN-English
- Creation Date (from issuing agency): 01 19 2006
- Document Modification Date (from issuing agency): 01 19 2006
- Date Accepted Into Depository: Thu, 28 Jun 2007 15:46:19 GMT
- Checksum Algorithm: MD5 SHA1
- Document File Checksum:
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