HI SB1196

Moves the filing deadline for employers to submit wage and tax statements to the Department of Taxation from the last day of February to January 31 following the close of the calendar year.

Establishes a penalty of $25 per failure for employers who willfully fail to furnish statements to employees, fail to file with the department, or fail to electronically file when required.

Caps the penalty imposed under this section at $50 per employee.

Takes effect on January 1, 2022.