Various tax matters. Amends the economic threshold for sales tax nexus to remove the number of sales transactions in the state as one of the two current triggers that require retail merchants to collect and remit sales tax. Allows a retail merchant that receives 75% or more of its receipts from the sale of prepared food to elect to claim a sales tax exemption on transactions involving electricity equal to 50% of the tax imposed on the transactions. Makes certain changes to statutes of limitations provisions. Requires sheriffs to transfer funds collected through executions of tax warrants twice a month electronically through the department of state revenue (department) payment portal. Specifies that the service of process fee for postjudgment service can only be assessed one time per case. Authorizes the department to disclose a taxpayer's name and other personal identification information with a tax preparer or tax preparation software provider in cases where the department suspects that a fraudulent return has been filed on behalf of a taxpayer and that the system of a taxpayer's previous year tax preparer or tax preparation software provider has been breached. Specifies the pass through entity tax liability for pass through entities in certain circumstances. Repeals an outdated provision that requires an owner of a truck stop to obtain a license from the department. Reorganizes certain retail merchant certificate provisions. Makes clarifying and technical changes.
Authored by Senator Holdman |
2024-03-04 | House | House - Third reading | PASS | |
2024-02-05 | Senate | Senate - Third reading | PASS |
Title | Description | Date | View |
---|---|---|---|
Fiscal Note | Fiscal Note #1: House Enrolled | 2024-03-06 | Click To View |
Fiscal Note | Fiscal Note #3: House Comm Sub | 2024-03-04 | Click To View |
Fiscal Note | Fiscal Note #2: House Comm Sub | 2024-02-29 | Click To View |
Committee Report | Senate Committee Report | 2024-02-27 | Click To View |
Vote Sheet | Vote Sheet February 27, 2024 | 2024-02-27 | Click To View |
Fiscal Note | Fiscal Note #1: House Comm Sub | 2024-02-27 | Click To View |
Fiscal Note | Fiscal Note #4: Senate Comm Sub | 2024-02-23 | Click To View |
Fiscal Note | Fiscal Note #3: Senate Comm Sub | 2024-02-06 | Click To View |
Fiscal Note | Fiscal Note #2: Senate Comm Sub | 2024-02-01 | Click To View |
Committee Report | Senate Committee Report | 2024-01-30 | Click To View |
Vote Sheet | Vote Sheet January 30, 2024 | 2024-01-30 | Click To View |
Fiscal Note | Fiscal Note #1: Senate Comm Sub | 2024-01-30 | Click To View |
Fiscal Note | Fiscal Note #1: Introduced | 2024-01-10 | Click To View |
Date | Chamber | Action |
---|---|---|
2024-03-13 | Senate | Public Law 118 |
2024-03-13 | Senate | Signed by the Governor |
2024-03-12 | Senate | Signed by the President of the Senate |
2024-03-11 | House | Signed by the Speaker |
2024-03-07 | Senate | Signed by the President Pro Tempore |
2024-03-05 | House | Returned to the Senate without amendments |
2024-03-04 | House | Third reading: passed; Roll Call 266: yeas 98, nays 0 |
2024-02-29 | House | Second reading: ordered engrossed |
2024-02-27 | House | Committee report: do pass, adopted |
2024-02-12 | House | First reading: referred to Committee on Ways and Means |
2024-02-06 | Senate | Referred to the House |
2024-02-05 | Senate | Senator Baldwin added as second author |
2024-02-05 | Senate | Cosponsor: Representative Cherry |
2024-02-05 | Senate | House sponsor: Representative Thompson |
2024-02-05 | Senate | Third reading: passed; Roll Call 110: yeas 47, nays 1 |
2024-02-01 | Senate | Senator Randolph added as coauthor |
2024-02-01 | Senate | Second reading: ordered engrossed |
2024-01-30 | Senate | Committee report: do pass, adopted |
2024-01-10 | Senate | First reading: referred to Committee on Tax and Fiscal Policy |
2024-01-10 | Senate | Authored by Senator Holdman |