SB 1205 – Repeals timely filed discounts for sales tax and income tax withholding to fund the Utilicare Fund

• Sponsor: Dougherty
• LR Number: 3618S.01I
• Committee: Ways & Means
• Last Action: 4/13/2006 - Voted Do Not Pass S Ways & Means Committee
• Effective Date: August 28, 2006

Current Bill Summary

SB 1205 - This act repeals the timely filed discounts for sales tax remittance and income tax withholdings. The increase in state revenue realized by the repeal of the timely filed discounts shall be estimated and transferred to the Utilicare Stabilization Fund.

JASON ZAMKUS