SB 118
Establishes the Taxpayer Protection Act
LR Number:
Last Action:
5/17/2019 - Informal Calendar S Bills for Perfection--SB 118-Cierpiot, with SCS
Journal Page:
SCS SB 118
Calendar Position:
Effective Date:
August 28, 2019

Current Bill Summary

SCS/SB 118 - This act establishes the "Taxpayer Protection Act".

For all tax years beginning on or after January 1, 2020, this act requires paid tax return preparers, as defined in the act, to sign any income tax return or claim for refund prepared by such paid tax return preparer and to provide such preparer's Internal Revenue Service preparer tax identification number.

Each failure to sign any income tax return or claim for refund, or to provide a preparer tax identification number, shall result in a fine of fifty dollars, not to exceed $25,000 per calendar year.

The Director of Revenue may file suit to enjoin a paid tax return preparer from engaging in certain actions, as described in the act.

This act is identical to a provision contained in HCS/SB 87 (2019), SCS/SB 219 (2019), HB 585 (2019), and HB 943 (2019).



No Amendments Found.