| SB 0746 | Specifies when penalties may be imposed for failure to pay certain state and local taxes |
| Sponsor: | Wiggins | |||
| LR Number: | S2946.01P | Fiscal Note: | 2946-01 | |
| Committee: | Ways and Means | |||
| Last Action: | 04/22/98 - Reported Do Pass w/HCA 1 H Ways & Means Committee | Journal page: | H1235-1236 | |
| Title: | ||||
| Effective Date: | August 28, 1998 | |||
SB 746 - This act allows the date of a federal postmark to constitute proof of timely mailing of license taxes and also requires the Director of Revenue to state the reason for a finding of taxpayer negligence at the time of a proposed income tax assessment.
The act is similar to Senate Bills 457 and 458 (1997).
RUSS HEMBREE
HCA 1 - PROHIBITS THE STATE AND ANY POLITICAL SUBDIVISION FROM ENTERING INTO A CONTRACT FOR OR PAYING FOR THE EXAMINATION OF TAXPAYER RECORDS IF THE FEE IS CONTINGENT UPON OR RELATED TO THE AMOUNT OF TAX, PENALTY OR INTEREST ASSESSED AGAINST OR COLLECTED FROM THE TAXPAYER.