(at the request of House Interim Committee on Revenue)
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Regular Sponsors:
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Bill Title:
Relating to electronic payment of income tax; appropriating money; prescribing an effective date.
Catchline/Summary:
Provides that Department of Revenue may accept electronic forms of payment of income tax due directly from taxpayer. Provides that Department of Revenue may accept electronic forms of payment of income tax due directly from taxpayer. Provides for payment by department of financial institution transaction fees associated with processing of electronic forms of payment. Establishes Electronic Tax Payment Fund. Continuously appropriates moneys in fund to department for administration of electronic payment of tax and payment of associated transaction fees.
Applies to income tax payments made for tax liabilities for tax years beginning on or after January 1, 2012.
Takes effect on 91st day following adjournment sine die.
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
Revenue Impact:
May Have Revenue Impact, But No Statement Yet Issued
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HB 2555 House Committee On Revenue
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