HB540 Summary

• Authorizes the Baldwin County Revenue Commissioner to establish procedures for electronic filing of business personal property tax returns, including payment of taxes due.

• Electronic returns must be in the format prescribed by the revenue commissioner and contain the same information as paper returns, with filing and signature requirements conforming to existing electronic tax return procedures.

• Requires mandatory electronic filing effective October 1, 2014, for businesses engaged in leasing personal property, businesses with personal property assets of $10,000 or more, or returns prepared by professional tax preparers; revenue commissioner may grant temporary exemptions for good cause.

• Obligates the Baldwin County Revenue Commissioner to conduct training sessions and assist taxpayers with electronic filing procedures.

• Becomes effective immediately upon passage and approval by the Governor.