Connecticut Seal

General Assembly

 

Raised Bill No. 1110

January Session, 2013

 

LCO No. 4373

 

*04373_______FIN*

Referred to Committee on FINANCE, REVENUE AND BONDING

 

Introduced by:

 

(FIN)

 

AN ACT CONCERNING THE COLLECTION AND REMITTAL OF SALES AND USE TAXES.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

Section 1. (NEW) (Effective from passage) (a) The Commissioner of Revenue Services shall analyze the use of various methods to enforce and enhance the collection of sales and use taxes by retailers and the subsequent remittal of said taxes to the commissioner, as required pursuant to chapter 219 of the general statutes. The commissioner shall consider (1) the amount of sales and use taxes that are uncollected or consistently delinquent, (2) such methods that have been used in other states, and any electronic software available to assist in the collection and remittal of said taxes, and whether such methods or software are effective, (3) the advisability of requiring more frequent due dates for the remittal of said taxes, particularly for retailers with a higher tax liability, (4) the benefits and drawbacks of instituting a payment system whereby the state may receive payment of said taxes electronically not later than two business days after the date of the taxable transaction, from an institution processing a credit or debit card payment or electronic funds transfer from a consumer, and (5) whether such methods, software or payment system should be employed by the commissioner for all retailers, for those that are consistently delinquent in remitting such tax, for those with monthly tax liability greater than five hundred thousand dollars, or for some combination thereof.

(b) After taking all the items listed in subsection (a) of this section into consideration, the commissioner shall take all reasonable steps to implement any of such methods, software or payment systems that will enhance the collection of sales and use taxes pursuant to chapter 219 of the general statutes.

This act shall take effect as follows and shall amend the following sections:

Section 1

from passage

New section

Statement of Purpose:

To consider methods, electronic software or payment systems that will enforce and enhance the collection and remittal of sales and use taxes, and to implement those that appear to be effective.

[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.]