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OH SB263
Bill
Status
9/17/2014
Primary Sponsor
Ron Amstutz
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AI Summary
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Requires the Tax Commissioner to notify taxpayers of credit account balances (tax or fee overpayments) no later than 60 days before the refund application deadline.
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Authorizes the Tax Commissioner to apply overpayments as credits against a taxpayer's next reporting period liability for that tax or fee, or alternatively issue a refund.
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Requires the Commissioner to withhold from any refund the amount of the taxpayer's certified tax debt and any outstanding tax or fee liability before issuing payment.
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Appropriates $682,000 in General Revenue Fund operating expenses to the Department of Taxation for fiscal year 2015 to implement these notification and refund procedures.
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Amends section 5703.05 of the Revised Code to include the Commissioner's duty to inform taxpayers about credit account balances and enacts new section 5703.77 governing the overpayment notification and refund process.
Legislative Description
To require the Tax Commissioner to notify taxpayers of tax or fee overpayments, to authorize the Commissioner to either apply an overpayment to future tax liabilities or issue a refund, and to make an appropriation.
Tax/fee overpayment-Tax Commissioner notify taxpayer of
Last Action
Effective Date
9/17/2014