This bill aims to increase the penalties for noncompliance with tax withholding reporting requirements. It includes provisions for waivers of these penalties and grants rulemaking authority to relevant agencies to implement the changes effectively.

Additionally, the bill amends specific sections of the Montana Code Annotated (MCA), specifically sections 15-30-2509 and 15-30-2546, to reflect these new penalties and waivers. The bill is set to take effect immediately upon passage.

Statutes affected:
SB0303_1.pdf: 15-30-2509, 15-30-2546
SB0303_2.pdf: 15-30-2509, 15-30-2546
SB0303_3.pdf: 15-30-2509, 15-30-2546
Amended: 15-30-2509, 15-30-2546
Introduced: 15-30-2509, 15-30-2546