SB 772
Repeals timely file discount for sales tax remittance
Sponsor:
LR Number:
4065S.01I
Committee:
Ways & Means
Last Action:
3/30/2006 - Hearing Conducted S Ways & Means Committee
Journal Page:
Title:
Calendar Position:
Effective Date:
August 28, 2006

Current Bill Summary

SB 772 - This act repeals the timely file discount for sellers that filed quarterly remittance of sales taxes on or before the due date. The discount allowed sellers to retain two percent of sales tax revenues collected.

JASON ZAMKUS

Amendments