S1492aa....................................by LOCAL GOVERNMENT AND TAXATION INCOME TAX - ELECTRONIC FUNDS TRANSFER - Amends existing law to provide that no individual shall be required to make payment by electronic funds transfer regardless of the amount paid or payable when the taxes, fees or amounts are payable pursuant to the Idaho Income Tax Act. 02/21 Senate intro - 1st rdg - to printing 02/22 Rpt prt - to Loc Gov 03/02 Rpt out - to 14th Ord 03/07 Rpt out amen - to engros 03/08 Rpt engros - 1st rdg - to 2nd rdg as amen 03/09 2nd rdg - to 3rd rdg as amen 03/15 3rd rdg as amen - PASSED - 35-0-0 AYES -- Andreason, Boatright, Branch, Bunderson, Burtenshaw, Cameron, Crow, Danielson, Darrington, Davis, Deide, Dunklin, Frasure, Geddes, Hawkins, Ingram, Ipsen, Keough, King-Barrutia, Lee, McLaughlin, Noh, Parry, Richardson, Riggs, Risch, Sandy, Schroeder, Sorensen, Stegner, Stennett, Thorne, Wheeler, Whitworth, Williams NAYS -- None Absent and excused -- None Floor Sponsor - Schroeder Title apvd - to House 03/16 House intro - 1st rdg as amen - to Rev/Tax
|||| LEGISLATURE OF THE STATE OF IDAHO |||| Fifty-fifth Legislature Second Regular Session - 2000 IN THE SENATE SENATE BILL NO. 1492, As Amended BY LOCAL GOVERNMENT AND TAXATION COMMITTEE 1 AN ACT 2 RELATING TO ELECTRONIC FUNDS TRANSFER; AMENDING SECTION 67-2026, IDAHO CODE, 3 TO PROVIDE THAT NO INDIVIDUAL SHALL BE REQUIRED TO MAKE PAYMENT BY ELEC- 4 TRONIC FUNDS TRANSFER REGARDLESS OF THE AMOUNT PAID OR PAYABLE WHEN THE 5 TAXES, FEES OR AMOUNTS ARE PAYABLE PURSUANT TO THE IDAHO INCOME TAX ACT 6 AND TO DEFINE "INDIVIDUAL"; DECLARING AN EMERGENCY AND PROVIDING RETROAC- 7 TIVE APPLICATION. 8 Be It Enacted by the Legislature of the State of Idaho: 9 SECTION 1. That Section 67-2026, Idaho Code, be, and the same is hereby 10 amended to read as follows: 11 67-2026. TAXES, FEES AND OTHER AMOUNTS TO BE PAID BY ELECTRONIC FUNDS 12 TRANSFER -- EXCEPTION. (1) Except as allowed in subsection (3) of this sec- 13 tion, a All taxes and additional amounts of interest, penalty or fees payable 14 together with taxes and all other fees and amounts which are payable to the 15 state must be paid by electronic funds transfer whenever the amount paid or 16 payable is one hundred thousand dollars ($100,000) or greater. Whenever the 17 payment of taxes is required to be made by electronic funds transfer under 18 this section and the due date falls on a Saturday, Sunday, or legal holiday, 19 the payment may be made on the first business day thereafter. 20 (2) All electronic funds transfers to the state, whether or not required 21 by this section, shall be made through the automated clearing house system 22 (ACH) operated by the federal reserve by the ACH debit or ACH credit method 23 and shall include related addenda or messages necessary for: 24 (a) Coordinating the filing of tax returns or other reports with the pay- 25 ment of taxes and all other fees and amounts by electronic funds transfer; 26 and 27 (b) Ensuring the proper receipt and crediting of the payment. 28 (3) No individual shall be required to make payment to the state by elec- 29 tronic funds transfer of any taxes, fees or amounts payable to the state, 30 regardless of the amount, when such taxes, fees or amounts are payable pursu- 31 ant to section 63-3024, Idaho Code. However, if an individual elects to make 32 payment by electronic funds transfer of income tax or any fees and amounts 33 associated with income tax liability, such electronic funds transfer shall 34 adhere to the provisions for electronic funds transfer as specified in this 35 section. For the purposes of this subsection (3), the definition of 36 "individual" shall be as the term is defined in section 63-3008, Idaho Code. 37 (4) The state treasurer shall adopt procedures necessary to implement the 38 provisions of this section. 39 SECTION 2. An emergency existing therefor, which emergency is hereby 40 declared to exist, this act shall be in full force and effect on and after its 41 passage and approval, and retroactively to January 1, 2000.
|||| LEGISLATURE OF THE STATE OF IDAHO |||| Fifty-fifth Legislature Second Regular Session - 2000 Moved by Schroeder Seconded by Stegner IN THE SENATE SENATE AMENDMENT TO S.B. NO. 1492 1 AMENDMENT TO SECTION 1 2 On page 1 of the printed bill, in line 28, delete "person" and 3 insert: "individual"; in line 31, delete "the Idaho income tax act in chapter 4 30, title 63" and insert: "section 63-3024"; in line 32, delete "a person" and 5 insert: "an individual"; in line 36, delete "person" and insert: "individual" 6 and also in line 36, delete "63-3005" and insert: "63-3008". 7 CORRECTIONS TO TITLE 8 On page 1, in line 3, delete "PERSON" and insert: "INDIVIDUAL"; and in 9 line 6, delete "PERSON" and insert: "INDIVIDUAL".
STATEMENT OF PURPOSE RS 09513C1 The purpose of this legislation is to amend Section 67-2026, Idaho Code, to provide that no person shall be required to make payment by electronic funds transfer regardless of the amount paid or payable when the taxes, fees or amounts are payable pursuant to the Idaho Income Tax Act. FISCAL IMPACT Penalties collected under current Statue totaled less than $7,500 during calendar year 1999. Contact: Otto Hill Moscow, Idaho 882-5777 or Senator Gary J. Schroeder 332-1321 STATEMENT OF PURPOSE/FISCAL IMPACT S 1492