SB1343
Tax administration; award for tax underpayment detection assistance.
Summary
As Introduced. Tax administration; award for tax underpayment detection assistance.
Authorizes the Tax Commissioner to award monetary compensation to individuals who provide information that assists the Department of Taxation in the successful collection of delinquent state taxes owed by other individual or business taxpayers. The bill provides that such awards may be given only if (i) the underpaying individual taxpayer's ... (More) gross income exceeds $100,000 or the underpaying business taxpayer's gross income exceeds $500,000 and (ii) the amount in question exceeds $50,000. (Less)-
Bill History
- 01/13/2025 - Senate: Prefiled and ordered printed; Offered 01-13-2025 25100141D
- 01/13/2025 - Senate: Referred to Committee on Finance and Appropriations
- 01/20/2025 - Senate: Impact statement from TAX (SB1343)
- 01/21/2025 - Senate: Passed by indefinitely in Finance and Appropriations with letter (15-Y 0-N)
