Bill

Bill > H0524


ID H0524

ID H0524
Amends existing law to provide that the State Tax Commission either shall not file or shall withdraw a priority tax claim in certain bankruptcy estates of a convicted criminal so that victims of crime may receive the proceeds instead.


summary

Introduced
02/19/2020
In Committee
02/20/2020
Crossed Over
Passed
Dead
03/20/2020

Introduced Session

2020 Regular Session

Bill Summary

TAX COMMISSION -- Amends existing law to provide that the State Tax Commission either shall not file or shall withdraw a priority tax claim in certain bankruptcy estates of a convicted criminal so that victims of crime may receive the proceeds instead.

AI Summary

This bill amends existing law to allow the State Tax Commission to either not file or withdraw a priority tax claim in the bankruptcy estate of a convicted criminal, so that the victims of the crime can receive the proceeds instead. This applies if the unpaid taxes are due to the criminal's illegal activities, the criminal has been convicted, the victims have filed a creditor claim in the bankruptcy case, and the bankruptcy estate does not have enough funds to pay both the tax claim and the victims' claims. The bill is intended to provide justice for victims of crime and is retroactive to July 1, 2019.

Committee Categories

Budget and Finance, Justice

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Revenue and Taxation Committee (House)

Last Action

Reported Printed and Referred to Revenue & Taxation (on 02/20/2020)

bill text


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