The Office of the Vice President, Chief Financial Officer, and Comptroller announces an open comment period for 8.6.14 Electronic Codes as an Alternative Payment Method from October 13, 2023, to October 27, 2023. 8.6.14 allows for eCodes to be used as an alternative payment method under 8.6.4 Request Payment for Cash Gifts, Prizes, and Awards and 8.6.10 Request Incentive Payment for Activity Participation. All applicable requirements and restrictions under 8.6.4 Request Payment for Cash Gifts, Prizes, and Awards and 8.6.10 Request Incentive Payment for Activity Participation apply.
The use of eCodes is limited.
- A recipient may not receive a single eCode or cumulative eCodes that equal or exceed $200 in a calendar year.
- Foreign national nonresident aliens cannot be paid with eCodes. Payments to Foreign Nationals provides instructions on processing payments.
- University employees may not be paid by eCode for work-related duties (e.g., thank you gift, etc.).
Please review the proposed changes and provide feedback on the Open Comment blog to be considered before the new policy is published.
Contact
If you have questions about the updates to policy, please contact the CFO Business and Finance Policy Office at obfspolicies@uillinois.edu.
