The bill amends section 202.26 of the Florida Statutes to enhance the rules governing the timely filing of tax returns. Specifically, it requires that the Department of Revenue adopt rules that ensure a taxpayer's return is considered timely if it is filed on or before 11:59 p.m. on the due date. This change aims to provide clarity and flexibility for taxpayers in meeting their filing obligations.

The effective date for this amendment is set for July 1, 2025. By establishing this new provision, the bill seeks to streamline the tax filing process and potentially reduce penalties for late submissions, thereby supporting taxpayers in fulfilling their responsibilities more effectively.

Statutes affected:
S 698 Filed: 202.26