Bill

Bill > A5599


NJ A5599

NJ A5599
Prohibits tax preparation software companies from charging fee for electronically filing State tax returns.


summary

Introduced
06/17/2019
In Committee
01/06/2020
Crossed Over
01/13/2020
Passed
Dead
01/08/2020

Introduced Session

2018-2019 Regular Session

Bill Summary

This bill prohibits tax preparation software companies from charging a fee for the electronic filing of State tax returns. Tax preparation software includes any computer program intended for tax return preparation, such as an off-the-shelf software program loaded onto a taxpayer's computer or an online tax preparation application. A violation of the bill's provisions is an unlawful practice under the consumer fraud act, P.L.1960, c.39 (C.56:8-1 et seq.). An unlawful practice is punishable by a monetary penalty of not more than $10,000 for a first offense and not more than $20,000 for any subsequent offense. In addition, a violation can result in cease and desist orders issued by the Attorney General, the assessment of punitive damages, and the awarding of treble damages and costs to the injured. The bill applies to State tax returns due on the first day of the fourth month after the date of enactment. The bill is based on a 2010 New York statute.

AI Summary

This bill prohibits tax preparation software companies from charging a fee for the electronic filing of State tax returns. The bill defines key terms such as "electronic filing," "taxpayer," and "tax preparation software company." A violation of the bill's provisions is considered an unlawful practice under the consumer fraud act, subject to monetary penalties and other enforcement actions. The bill applies to State tax returns due on the first day of the fourth month after its enactment and is based on a similar 2010 law in New York.

Committee Categories

Business and Industry

Sponsors (6)

Last Action

Passed by the Assembly (66-10-0) (on 01/13/2020)

bill text


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