Introduced
by
To authorize a 60 day tax amnesty period ending before September 30, 2008, as designated by the state treasurer, and provide for an additional penalty for those who fail to participate by coming forward to pay delinquent or unreported income tax liabilities. During the amnesty period aall criminal and civil penalties would be waived for having in the past failed to file or pay a tax, or for making an excessive claim for a refund. To get the waiver a taxpayer would have to make full payment of the tax and interest due, either in a lump sum or through an installment plan.
Referred to the Committee on Tax Policy