State tax amnesty bill sent to House: Rep. Eric Turner has introduced a “tax amnesty” bill that gives tax debtors an as yet to be determined 8 week period to pay taxes without penalty or interest charges. Proponents say “we need the money”. Detractors say, “it’s a cheater’s rights bill.”
As written currently, HB 1004 would also double the penalty against a debtor who has the opportunity pay under the tax amnesty program but fails to do so.
This kind of makes me wonder what the current practice is with regard to tax collection efforts currently in litigation. I wonder if the State will cut a deal with debtors to settle in full if they pay a lump sum equal to their principal debt, waiving the extras. If they do that kind of thing already, I wouldn’t have any problem with this bill. If not, I have mixed feelings.