Bill > S08355

This bill makes technical changes relating to the rescindment of certificates of authority, clarifying that a failure to file a report or return relates only to the person's obligation to pay taxes. The bill amends the tax law to specify that the commissioner may revoke or suspend a certificate of authority based on certain grounds, such as willfully failing to file a required report or return, only with respect to the person's obligation to pay taxes, and not for other unrelated reasons. The bill also provides that the amendments made by the bill shall apply to any and all notices for rescindment issued on and after January 1, 2015, and that the amendments made by the first section of the bill will be subject to the expiration and reversion of a related provision, at which point the amendments made by the second section of the bill will take effect.