HCS HB 1150, 1237 & 1327 -- ASSESSMENT AND COLLECTION PROCEDURES
OF THE DEPARTMENT OF REVENUE (Bray)

This substitute authorizes the Department of Revenue and the
Administrative Hearing Commission to negotiate with taxpayers or
their agents to compromise all or part of the tax liability of a
taxpayer in certain situations.

The substitute also authorizes a tax amnesty program within the
department on penalties, additions to tax, and interest on
delinquencies which occurred prior to December 31, 2001.  The
taxpayer must submit and pay all unpaid taxes due to be eligible
for the program between August 1, 2002, and September 30, 2002.
All new revenues resulting from the tax amnesty program will be
deposited in the State School Moneys Fund unless otherwise
earmarked by the Missouri Constitution or if they are revenues
not belonging to the state.

The tax amnesty program is subject to an emergency clause.

FISCAL NOTE:  Estimated Net Loss to various state funds of
$241,399 to Unknown in FY 2003, Unknown in FY 2004, and Unknown
in FY 2005.

Missouri House of Representatives
Last Updated October 11, 2002 at 9:00 am