Legislature(2015 - 2016)SENATE FINANCE 532
04/15/2016 05:00 PM Senate FINANCE
Audio | Topic |
---|---|
Start | |
HB137 | |
HB254 | |
HB156 | |
HB375 | |
HB370 | |
Adjourn |
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
+= | HB 290 | TELECONFERENCED | |
+= | HB 370 | TELECONFERENCED | |
+= | HB 375 | TELECONFERENCED | |
+= | SB 130 | TELECONFERENCED | |
+ | TELECONFERENCED | ||
+ | TELECONFERENCED | ||
+= | HB 137 | TELECONFERENCED | |
+= | HB 254 | TELECONFERENCED | |
+= | HB 156 | TELECONFERENCED | |
CS FOR HOUSE BILL NO. 375(FIN) "An Act requiring the electronic submission of a tax return or report with the Department of Revenue; and providing for an effective date." 6:35:03 PM KONRAD JACKSON, STAFF, REPRESENTATIVE OLSON, explained that the legislation had been introduced to assist the Department of Revenue in collecting taxes from businesses licensed under Title 43. 6:35:54 PM AT EASE 6:36:10 PM RECONVENED Mr. Jackson stated that the bill highlighted the growing practice of electronic tax filing of returns and reports. He stressed that electronic filing would increase efficiency within the department. He noted that Section 1 of the bill would establish the electronic filing of returns or reports and allowed for waivers. He related that the house had amended the bill, changing the 2 year waiver to a 5 year waiver. He said that Section 2 of the legislation would allow for civil penalties for failure to file. He concluded that the remaining sections included conforming amendments, transitional language, and an effective date. 6:37:49 PM JERRY BURNETT, DEPUTY COMMISSIONER, TREASURY DIVISION, DEPARTMENT OF REVENUE, related that 71 percent of taxpayers in the state currently used electronic filing. He felt that increasing that percentage would lead savings within the department. He relayed that the department had the capability to receive electronic filings for all tax types. 6:39:07 PM Co-Chair MacKinnon asked whether the technical language in the bill had been accurately drafted. Mr. Burnett replied that the language would work as intended for the department. 6:39:39 PM Senator Dunleavy asked whether there were incentives for electronic filing. Mr. Burnett stated that current statute included incentives for early filing. He said that discomfort had been expressed for offering incentives for online filing. He noted that the legislation offered a penalty for paper filing, rather than an incentive for online filing. 6:40:42 PM Co-Chair MacKinnon asked whether there was extra expense to the business owner for online filing. Mr. Burnett replied that there should not be any extra expense for business owners for filing online. He said that most tax payers were capable of online reporting. He stated that if online filing would cost a business extra money, the department could grant an exemption for filing online. He thought that in the future the language should be amended for individual tax payers. 6:41:43 PM Senator Bishop understood that Section 1 (b) pertained to the exemption for people living "off the grid" without access to computers. Mr. Burnett replied in the affirmative. 6:42:11 PM Co-Chair MacKinnon OPENED public testimony. 6:42:37 PM Co-Chair MacKinnon CLOSED public testimony. Vice-Chair Micciche discussed FN 1, noting that // The bill provided for a penalty of one percent (see back). // He noted that the only change was the in 6:43:30 PM Co-Chair MacKinnon set aside the bill. HB 375 was HEARD and HELD in committee for further consideration.
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