SSB 3117 – Department of Revenue technical update bill
COMMITTEE ACTION:
SSB 3117 makes several technical changes to state laws on taxes. These changes include:
• Allowing the director of the Department of Revenue to adopt rules to ensure that a geographic area that participates in more than one sales tax increment financing district does not receive more sales tax remittances than the area collects in any given year.
• Updating language to more clearly allow for electronic filing of tax credit information with a taxpayer’s taxes.
• Removing language regarding alcohol beverage control bonds that had been issued by the Alcoholic Beverages Division from the list of double tax-exempt bonds. Those bonds no longer exist.
• Removing tax-exempt Social Security benefits from the calculation of income when determining whether a taxpayer 65 or older needs to file a tax return.
• Updating language regarding a sales tax exemption for health centers so that the terms match language adopted as part of the Health Care Consolidation Act of 1996.
• Striking language enacted in 2008 regarding the excise tax on heavy highway equipment that had the unintended consequence of negating the tax the language was added to. [2/19: 9-6 (Feenstra, Behn, Bertrand, Chapman, Schneider, Smith “no”)]