HB 375 Summary

• Requires taxpayers to submit all tax returns and reports to the Alaska Department of Revenue electronically in a format prescribed by the department, effective July 1, 2016.

• Allows taxpayers to request exemptions by demonstrating lack of capability to submit electronically; exemptions are valid for five years and may be renewed upon expiration.

• Imposes a civil penalty of $25 or one percent of total tax (whichever is greater) for failure to submit electronically, unless the department determines reasonable cause exists.

• Removes obsolete language from existing statutes requiring submission by airmail to Juneau or specifying specific department locations, as electronic submission replaces physical mailing requirements.

• Authorizes the Department of Revenue to adopt implementing regulations under the Administrative Procedure Act.