SB 483 Summary

• Shifts administration of county income taxes from state to counties: Beginning January 1, 2014, counties (not the Department of State Revenue) have authority and responsibility for administering, collecting, and enforcing county adjusted gross income tax, county option income tax, and county economic development income tax.

• Changes tax filing and payment procedures: Taxpayers must file county income tax returns with and pay taxes to the county treasurer (rather than the state), with withholdings also remitted to county treasurers.

• Establishes county control of tax revenue: Counties receive and hold tax revenue in special funds instead of state accounts, with revenue distribution managed locally according to formulas in existing law.

• Repeals state distribution and certification provisions: Eliminates provisions requiring the state to calculate and distribute "certified distributions" of county income taxes, replacing them with direct county collection and management.

• Applies state tax administration procedures to counties: Provisions from state income tax law concerning returns, payments, withholding, and enforcement apply to county administration, with the county treasurer performing functions previously handled by the Department of State Revenue.