States can now enter the State Reciprocal Program (SRP) with the U.S. Department of the Treasury to refer delinquent debts owed to state agencies to TOP (Treasury Offset Program) for the offset of federal vendor and other non-tax payments. The states then reciprocate by offsetting payments to payees who owe delinquent debts to federal entities.
Last year, 10 states and the District of Columbia participated in SRP. TOP recovered $47.7 million in delinquent debts for the states that participated. In return, $35.5 million was recovered for the federal government by the states.
AuthenticAID’s TOPAID service can help states maximize their offset by providing data matching, mining, and validation. Historical TOPAID accuracy has exceeded 99.99% across all clients. Contact us to learn more.