Date: 02/19/2009

Final
BILL SUMMARY for HB09-1101

SENATE COMMITTEE ON FINANCE

Votes: View--> Action Taken:
Refer House Bill 09-1101 to the Committee of the WPASS


12:05 PM -- House Bill 09-1101

Senator Veiga, prime sponsor, presented House Bill 09-1101, which establishes penalties for vendors who fail to file a sales tax return or incorrectly account for the amount of sales taxes due on the tax return. She explained that a penalty is not imposed on those individuals who pay their taxes but fail to file a sales tax return, making it difficult for DOR to determine and allocate the taxes owed to local tax jurisdictions. Senator Veiga explained that this also puts a strain on local governments because these tax jurisdictions often have to wait several months for the sales tax revenue.

12:07 PM -- Mr. Phillip Horwitz, representing DOR, was available to answer the committee's questions. He responded to questions about the vendors fee, and he said that DOR already has the authority to disallow the vendors fee if taxpayers fail to file a sales tax return on time. Mr. Horwitz also responded to questions about how much sales tax revenue due to local tax jurisdictions is currently being held by the department. Discussion also ensued about local tax jurisdictions experiencing delays in getting sales tax revenue from the department.


12:12 PM

Committee discussion ensued about taxpayers that incorrectly file their sales tax returns. Mr. Horwitz responded to questions about the abatement of penalties, stating the executive director of the department can waive penalties in certain cases.


12:15 PM

Senator Sandoval closed public testimony.
BILL:HB09-1101
TIME: 12:15:12 PM
MOVED:Hudak
MOTION:Refer House Bill 09-1101 to the Committee of the Whole. The motion passed 6-1.
SECONDED:
VOTE
Brophy
Yes
Heath
Yes
Isgar
Yes
King K.
No
Scheffel
Yes
Hudak
Yes
Sandoval
Yes
Final YES: 6 NO: 1 EXC: 0 ABS: 0 FINAL ACTION: PASS



12:16 PM

The committee recessed, until its next meeting.