Current through September 25, 2024
Section 15 AAC 125.675 - Certification of state debt(a) After the agency has approved a parent for participation in the arrears forgiveness program, the agency will calculate and certify the total state debt owed as of the date the parent was approved for the program. The agency will include in the certified state debt (1) the principal amount of any arrears that are permanently assigned to the state as of the date the parent was approved for the program; and(2) any interest that has accrued on the permanently assigned arrears as of the date the parent was approved for the program.(b) The agency will prepare a written certification stating the amount of the certified state debt subject to forgiveness. The agency will send the parent a copy of the certification with the forgiveness agreement under 15 AAC 125.665.Eff. 4/1/2005, Register 173