2011 Regular Session
|At the request of:|
|Bill Title:||Relating to surplus refund methods.|
Changes method by which surplus "kicker" refunds are made to personal income taxpayers from payment to credit.
Specifies that if credit reduces tax liability of personal income taxpayer to zero and amount of credit remains unused, remaining amount is refunded to taxpayer. Limits, for certification of costs incurred in calculating and administering credits, amount that Department of Revenue certifies. Applies to biennia beginning on or after July 1, 2011.
|Chapter Number:||Chapter 299|
|Fiscal Impact:||Fiscal Impact Issued|
|Revenue Impact:||No Revenue Impact|
|Measure Analysis:||Staff Measure Summary / Impact Statements|
|Current Location:||Chapter Number Assigned|
|Potential Conflicts of Interest/Vote Explanations:||Potential Conflicts of Interest/Vote Explanation Documents|