Providing administrative excise tax relief for taxpayers.
Summary
Requires payment of state excise taxes by the 25th day of the month instead of the 20th.
Provides a waiver of the 5 percent penalty for any billing of unpaid state excise taxes if the business has timely filed for 12 months, the amount of underpaid tax is less than 20 percent of the tax due, and the assessment is not for more than a 12 month period.
Modifies electronic funds transfer procedures for payment of state excise taxes.
From the Substitute House Bill Analysis (SSB 6385), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not passDid not pass · passed Senate, stalled in House