Introduced
by
To establish that a taxpayer has a right to rely on bulletins and private letter rulings from the Department of Treasury regarding tax law regulations and interpretations, so that the department can not come back latter and demand back taxes by retroactively changing a ruling it had issued previously and which a taxpayer had relied on to determine tax liability. A recent court ruling in a dispute regarding the very complex Single Business Tax found that nothing in current state law prohibits the department from doing this.
Referred to the Committee on Tax Policy
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Substitute offered
by
To replace the previous version of the bill with one that revises details but does not change the substance of the bill as previously described.
The substitute passed by voice vote
Passed in the House 65 to 41 (details)
Referred to the Committee on Finance
Reported without amendment
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that clarifies that a taxpayer has a right to rely on past bulletins and private letter rulings from the Department of Treasury to the extent they have not been modified by subsequent court decisions.
The substitute passed by voice vote
Amendment offered
by
To require a taxpayer to use a Department of Treasury form to request a letter ruling on a tax law interpretation.
The amendment passed by voice vote
Passed in the Senate 37 to 0 (details)
To establish that a taxpayer has a right to rely on bulletins and private letter rulings from the Department of Treasury regarding tax law regulations and interpretations, as modified by subsequent court decisions, so that the department can not come back latter and demand back taxes by retroactively changing a ruling it had issued previously and which a taxpayer had relied on to determine tax liability. A recent court ruling in a dispute regarding the very complex Single Business Tax found that nothing in current state law prohibits the department from doing this.
Amendment offered
by
To clarify the meaning of the provision stating that the bill applies to Department of Treasury rulings to the extent they have not been modified by subsequent court decisions.
The amendment passed by voice vote
Passed in the House 106 to 0 (details)
To establish that a taxpayer has a right to rely on bulletins and private letter rulings from the Department of Treasury regarding tax law regulations and interpretations, as modified by subsequent court decisions, so that the department can not come back latter and demand back taxes by retroactively changing a ruling it had issued previously and which a taxpayer had relied on to determine tax liability. A recent court ruling in a dispute regarding the very complex Single Business Tax found that nothing in current state law prohibits the department from doing this.
To concur with the House-passed version of the bill.
Passed in the Senate 37 to 0 (details)
