SLM CORP
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Sallie Mae Assists State of Delaware in Collecting $22 Million in Back Taxes

2009-11-05 13:40 ET - News Release

Tax Amnesty Program Surpasses Its Goal by More Than Double


Company Website: http://www.SallieMae.com
NEWARK, Del. -- (Business Wire)

Sallie Mae’s partnership with the State of Delaware on a one-time tax amnesty program is anticipated to net more than $22 million consisting of over 14,000 delinquent tax accounts for the state, Delaware Governor Jack Markell announced today at an event at Sallie Mae’s Newark center.

The two-month long partnership between the Delaware Division of Revenue and General Revenue Corporation, a subsidiary of Sallie Mae, collected significantly more than the $10 million goal originally laid out in this year’s state budget.

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