The bill amends the Tax Reform Code of 1971, specifically focusing on the procedures for filing refund petitions related to sales and use tax. It introduces several new requirements for taxpayers seeking a refund or credit of tax, interest, or penalties paid due to an assessment by the Department of Revenue. Key provisions include the necessity for the taxpayer to file a detailed petition that outlines the specific basis for the claim, an appeal schedule for cases involving 250 or more transactions, proof of tax payment, and any additional evidence as required by the department.

Furthermore, the bill stipulates that if a petition lacks the required information, the department can request the taxpayer to provide it within 30 days, and failure to do so may result in the dismissal of the petition. It also mandates that petitions involving a large number of transactions must be submitted in an electronic format. Additionally, each petition must not cover the same tax periods as any previous petitions filed by the same taxpayer. The act is set to take effect immediately upon passage.

Statutes/Laws affected:
Printer's No. 1855 (Jun 09, 2025): P.L.6, No.2