summary
Introduced
01/22/2017
01/22/2017
In Committee
01/26/2017
01/26/2017
Crossed Over
Passed
Dead
03/18/2017
03/18/2017
Introduced Session
2017 Regular Session
Bill Summary
AN ACT RELATING TO TAXPAYERS; CREATING THE TAXPAYERS' RIGHTS ADVOCATE OFFICE ACT; REQUIRING THE TAXATION AND REVENUE DEPARTMENT TO REVEAL CERTAIN TAX RETURN INFORMATION TO THE TAXPAYERS' RIGHTS ADVOCATE; CLARIFYING WHAT IS A COMPLETED CLAIM FOR A TAX REFUND; ALLOWING A TAXPAYER TO DEMONSTRATE THAT A FAILURE TO PAY TAXES WAS WITHOUT INTENT TO EVADE OR DEFEAT A TAX; REQUIRING THE TAXATION AND REVENUE DEPARTMENT TO CONVENE A MEETING WITH INTERESTED PARTIES TO MAKE RECOMMENDATIONS TO INCREASE FAIRNESS AND EFFICIENCY IN ADMINISTERING NEW MEXICO'S TAX LAWS; TRANSFERRING FUNDS FROM THE TAXATION AND REVENUE DEPARTMENT TO THE OFFICE OF THE TAXPAYERS' RIGHTS ADVOCATE.
AI Summary
This bill creates the Taxpayers' Rights Advocate Office Act, which establishes an independent Office of the Taxpayers' Rights Advocate within the Department of Finance and Administration. The Taxpayers' Rights Advocate can review and direct the Department of Taxation and Revenue to abate assessments that were incorrectly, erroneously or illegally made. The Advocate also develops taxpayer education programs, analyzes audit data, and makes recommendations to improve tax administration. The bill requires the Department of Taxation and Revenue to reveal certain tax return information to the Advocate and to convene an annual meeting with the legal and accounting community to get input on improving fairness and efficiency in tax administration. The bill also provides some exceptions to the civil penalty for failure to pay taxes, allowing taxpayers to demonstrate their failure was without intent to evade taxes.
Committee Categories
Budget and Finance, Military Affairs and Security
Sponsors (15)
Gail Armstrong (R)*,
Cathrynn Brown (R)*,
Patty Lundstrom (D)*,
James Dines (R),
Candy Ezzell (R),
David Gallegos (R),
Jimmie Hall (R),
Yvette Herrell (R),
Larry Larrañaga (R),
Rick Little (R),
Sarah Maestas Barnes (R),
Greg Nibert (R),
Jane Powdrell-Culbert (R),
Carl Trujillo (D),
Monica Youngblood (R),
Last Action
House Taxation and Revenue Committee (08:30 3/15/2017 Room 317) (on 03/15/2017)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legtype=B&legno=494&year=17 |
| BillText | http://www.nmlegis.gov/Sessions/17%20Regular/bills/house/HB0494.pdf |
Loading...