HB 597 Summary

• Department of Revenue must develop and make available by September 30, 2013 an electronic single point of filing system called "ONE SPOT" allowing taxpayers to file and remit state, county, and municipal sales and use tax returns and payments through one program.

• No charges may be assessed to taxpayers or local taxing jurisdictions for utilizing the ONE SPOT system, and the Department of Revenue shall provide up to $1,000,000 in financial assistance over three years to help local jurisdictions interface with the system.

• Taxpayers using ONE SPOT for local tax filing must simultaneously remit payment through the system or another approved electronic method, and all tax payments for non-state administered jurisdictions are remitted directly to designated bank accounts with ONE SPOT serving as a conduit only.

• Department of Revenue may promulgate rules to implement the act, and all local taxing jurisdictions must authorize utilization of ONE SPOT and submit necessary information to the department by June 30, 2013.

• Establishes a State and Local Advisory Committee with eight members appointed by county and municipal government associations, the business council, and retail association to review and recommend system requirements and functionality to the Commissioner of Revenue.