Senate Bill 2129 Summary

• Creates a new refund claim process allowing taxpayers to file claims for overpaid sales, use, and alcoholic beverage gross receipts taxes within three years after the return due date or filing date, whichever is later.

• Repeals the existing refund provisions in section 57-39.2-24 and replaces them with a standardized claim procedure applicable to sales, use, farm machinery, and alcoholic beverage gross receipts taxes.

• Modifies excess tax collection procedures so retailers must file amended returns and claim refunds rather than receiving automatic credits against future tax liability when they have collected and refunded excess taxes.

• Updates criminal history record check requirements to include all tax commissioner employees, final applicants for employment, and contractors with access to federal tax information.

• Becomes effective July 1, 2017.