This bill amends section 77-2711 of the Revised Statutes Cumulative Supplement, 2024, to enhance the auditing capabilities of the Auditor of Public Accounts concerning suspected tax reporting irregularities. It allows the Auditor to access tax returns and related information for auditing purposes on the premises of the Department of Revenue. Additionally, the bill creates an exception to the confidentiality of tax information for municipalities, enabling them to request and review certain tax return information related to local option sales and use taxes. If discrepancies are identified, municipalities can notify the Auditor, who may then conduct an audit.

The bill includes several insertions and deletions to clarify confidentiality provisions, specifying that individuals certified by municipalities to review tax information must not disclose findings except to report suspected irregularities to the Auditor. It establishes penalties for violations of these confidentiality provisions and reinforces the importance of protecting taxpayer information while allowing for necessary oversight. Furthermore, the bill enforces a privacy policy overseen by the Attorney General, ensuring compliance with existing laws regarding confidential taxpayer information and allowing for the collection of anonymous data for governmental purposes. It also repeals the original section 77-2711, indicating a significant update to the legal framework governing taxpayer information.

Statutes affected:
Introduced: 77-2711