Location: SCR 357
Final
BILL SUMMARY for SB17-194
SENATE COMMITTEE ON FINANCE
BILL SUMMARY for SB17-194
SENATE COMMITTEE ON FINANCE
| Votes: View--> | Action Taken: |
| Refer Senate Bill 17-194 to the Committee of the W | PASS |
10:55 AM -- SB17-194
Senator Neville, prime sponsor, presented Senate Bill 17-194. Under current law, if statutory deadlines for sending out income tax refunds are not met, a penalty of 5 percent of the amount of tax refunded and interest are added to the refund. SB 17-194 specifies that statutory deadlines do not apply if the Department of Revenue (DOR) suspects identify theft or other refund-related fraud.
10:58 AM -- John Vecchiarelli, representing DOR, testified in support of the bill. Mr. Vecchiarelli responded to a committee question regarding the Earned Income Tax Credit.
11:00 AM
Senator Neville wrapped up his presentation of SB 17-194.
| BILL: | SB17-194 | |
| TIME: | 11:01:30 AM | |
| MOVED: | Neville T. | |
| MOTION: | Refer Senate Bill 17-194 to the Committee of the Whole with a recommendation that it be placed on the consent calendar. The motion passed on a vote of 5-0. | |
| SECONDED: | ||
VOTE |
||
Court |
Yes |
|
Kerr |
Yes |
|
Tate |
Yes |
|
Hill |
Yes |
|
Neville T. |
Yes |
|
Final YES: 5 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS
| ||