BILL · 2003–04 SESSION

HB 3157: Tax penalty provisions

Modifying tax penalty provisions.

Summary

  • Limits application of the 5 percent penalty on tax billings to situations where less than 75 percent of the taxes due were paid and the underpayment was at least $1,000.
  • Replaces the 5 percent penalty on tax billings on assessments of tax due from regular and managed audits with penalties for late payment of 10 percent if up to 30 days late, and 20 percent if over 30 days late.

From the House Bill Analysis (HB 3157), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 30, 2004
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Jim McIntire (D-46)
Introduced
January 30, 2004 in the House
Last action
January 30, 2004
Budget
Has a fiscal note

AN ACT Relating to penalties on assessments;

Sponsors

Prime sponsor: Jim McIntire (D-46)

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. First reading, referred to Finance.

HB 3157 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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