House Bill 5778

To (1) authorize the use of the commissioner's electronic signature on tax liens, (2) eliminate the requirement that every person selling tobacco products be licensed for tobacco products tax purposes and instead require only those persons who are selling tobacco products on which the tax has not previously been paid to be licensed, to ease administration for both the taxpayer and the department, (3) impose the same penalty for the estate tax as for the gift tax, (4) incorporate by reference the statutory section governing appeals to the gift and estate tax sections, (5) keep open the statute of limitations with respect to the gift tax for any gifts that have not been adequately disclosed, (6) provide for situations where the donor dies in the same year a gift is made, and to pay interest on overpayments of gift tax, and (7) eliminate estimated income tax payments and group returns for pass-through entities and make conforming changes.

In the House of Representatives

• FIN

  Sponsor

l9n doesn't hold this bill's text yet.

In the House of Representatives Mar 8 – Apr 20

1. Mar 8Introduced and sent to Finance, Revenue and Bonding Committee
2. Mar 13Heard in Finance, Revenue and Bonding Committee
3. Mar 28Finance, Revenue and Bonding Committee recommended a substitute for it
4. Apr 17Sent to Judiciary Committee
5. Apr 20Judiciary Committee took no action on it