2006 House Bill 6240

Releive particular company of old tax liability

Introduced in the House

June 21, 2006

Introduced by Rep. Gary Newell (R-87)

To create a use tax exemption for a particular small business in Barry County that has been assessed with a back-tax liability, fines and interest going back 10 years, because the Department of Treasury recently concluded that the firm had not properly calculated its tax liability in the past. The bill would establish that the firm is only liable for taxes from the past three years.

Referred to the Committee on Tax Policy