Loading chat...

MS HB597

Bill

Official Source

Status

Passed

6/22/2020

Primary Sponsor

Jody Steverson

Click for details

Origin

House of Representatives

2020 Regular Session

AI Summary

  • Requires the Department of Revenue to revise individual income tax forms to allow taxpayers to designate up to two bank accounts for direct deposit of tax refunds.

  • Permits taxpayers to allocate their refund amount between the two designated bank accounts as they choose.

  • Applies to all income tax forms used for tax years beginning on or after January 1, 2021.

  • Takes effect July 1, 2020.

Legislative Description

Department of Revenue; authorize to revise individual income tax forms to allow taxpayer to designate two bank accounts for direct deposit.

Last Action

Approved by Governor

6/22/2020

Committee Referrals

Business and Financial Institutions5/11/2020
Banking and Financial Services2/5/2020

Full Bill Text

No bill text available