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HI HB1848

Bill

Status

Enrolled

4/8/2014

Primary Sponsor

Sylvia Luke

Click for details

Origin

House of Representatives

2014 Regular Session

AI Summary

  • Reduces the electronic funds transfer threshold from $100,000 to $25,000 in annual tax liability for mandatory electronic payment requirements.

  • Reduces the withholding tax electronic funds transfer threshold from $40,000 to $25,000 in annual tax liability.

  • Requires all general excise tax monthly returns to be filed electronically beginning January 1, 2015.

  • Authorizes the director of taxation to assess administrative fees on general excise tax monthly returns filed manually, with discretionary waivers available for disability-related inability to file electronically or department system noncompliance.

  • Effective date July 1, 2030.

Legislative Description

General Excise Tax; Monthly Returns; Electronic Filing

Last Action

Received notice of Senate conferees (Sen. Com. No. 677).

4/14/2014

Committee Referrals

Ways and Means3/6/2014
Finance1/21/2014

Full Bill Text

No bill text available