BILL NO A06753
SAME AS SAME AS S03047
SPONSOR Barron (MS)
COSPNSR Russell, Robinson, Roberts, Cook, Jaffee, Gibson, Peoples-Stokes
MLTSPNSR Cahill, Hikind, Scarborough, Sweeney, Thiele, Weisenberg
Amd S171, Tax L
Requires the commissioner of taxation and finance to provide for the payment by
the department of taxation and finance of tax refunds within 30 days of the
receipt of a taxpayer's tax return, unless there is a discrepancy in such
return, in which case the department shall provide written notice to the
taxpayer of such discrepancy and a date when the discrepancy will be resolved;
failure to comply with such refund and notice requirement shall make the
department of taxation and finance liable for interest on the refund due at a
rate of 6% per annum.
