| HB 1301 | Extends rights of appeals notification and penalty waivers to both sales and income taxpayers |
HB 1301 - Current law requires the Director of Revenue to
inform income taxpayers of their right to appeal any assessment
of additional tax, interest or penalty; this act extends that
requirement to sales taxpayers. Current law also requires the
Director to waive any interest or penalty assessed against a
sales or use taxpayer which is due to negligence on the part of
any Department of Revenue employee. This act extends that
requirement to income taxpayers.
RUSS HEMBREE
SCA 1 - ALLOWS DATE OF FEDERAL POSTMARK TO CONSTITUTE TIMELY MAILING OF LICENSE TAXES AND REQUIRES DIRECTOR OF REVENUE TO STATE REASON FOR A FINDING OF TAXPAYER NEGLIGENCE AT THE TIME OF A PROPOSED INCOME TAX ASSESSMENT.