SB 188
Repeals the timely file discount for sales tax remittance
Sponsor:
LR Number:
0597S.01I
Committee:
Ways & Means
Last Action:
1/17/2007 - Second Read and Referred S Ways & Means Committee
Journal Page:
S115
Title:
Calendar Position:
Effective Date:
August 28, 2007

Current Bill Summary

SB 188 - 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.

This act is identical to SB 772 (2006).

JASON ZAMKUS

Amendments