This bill proposes to suspend the tax collection allowance credit for individuals and businesses that file their tax returns and remit taxes electronically. The suspension will take effect on July 1, 2025, and will remain in place until June 30, 2028.

Specifically, the bill states that the provisions outlined in section 10-45-27.2 will be suspended and deemed nonenforceable during this period. This means that taxpayers will not be able to claim the tax collection allowance credit for electronic filing during the specified timeframe.

Statutes affected:
Introduced, 01/09/2025: 10-45-27.2
House Appropriations Engrossed, 02/24/2025: 10-45-27.2