The influence of the uncertainties in the rate coefficient data for electron-impact excitation and ionization on non-LTE Li line formation in cool stellar atmospheres is investigated. We examine the electron collision data used in previous non-LTE calculations and compare them to recent calculations that use convergent close-coupling (CCC) techniques and to our own calculations using the R-matrix with pseudostates (RMPS) method. We find excellent agreement between rate coefficients from the CCC and RMPS calculations, and reasonable agreement between these data and the semi-empirical data used in non-LTE calculations up to now. The results of non-LTE calculations using the old and new data sets are compared and only small differences found: about 0.01 dex (~ 2%) or less in the abundance corrections. We therefore conclude that the influence on non-LTE calculations of uncertainties in the electron collision data is negligible. Indeed, together with the collision data for the charge exchange process Li(3s) + H <-> Li^+ + H^- now available, and barring the existence of an unknown important collisional process, the collisional data in general is not a source of significant uncertainty in non-LTE Li line formation calculations.