HF 680: Relating to assessment and refund denial notices furnished to taxpayers by the department of revenue

What it does

This bill relates to the assessment and refund denial notices furnished to taxpayers by the department of revenue. The bill amends Code section 421.60(2)(b) by specifying the department of revenue shall furnish a detailed explanation of the reasons for an assessment or refund denial notice, and provides that an explanation by the department with the amount of tax, interest, and penalty stated together with the computations is insufficient notice. The bill also strikes a provision specifying an inadequate explanation of an assessment or refund denial notice does not invalidate the notice. The consequences for failure to provide adequate notice by the department are found in Code section 421.60(2)(c).

In plain words

1. February 28, 2025Filed in the House and sent to the State Government committee