2nd Sub. (Gray) H.B. 89 02-02-24 3:33 PM
88 Franchise and Income Taxes, or Chapter 10, Individual Income Tax Act; or
89 (B) if the return is not filed electronically.
90 (c) (i) [In the case of] Subject to Subsection (5)(d), for an amended return, interest on
91 an overpayment [shall be] is allowed for a time period:
92 [(A) for a time period:]
93 [(I)] (A) that begins on the later of:
94 [(Aa)] (I) the date the original return was filed; or
95 [(Bb)] (II) the due date for filing the original return not including any extensions for
96 filing the original return; and
97 [(II)] (B) that ends on the date the commission receives the amended return[; and].
98 [(B) if the commission does not make a refund of an overpayment under this
99 Subsection (5)(c):]
100 [(I) if the amended return is]
101 (ii) For an amended return filed electronically with respect to a tax under Chapter 7,
102 Corporate Franchise and Income Taxes, or Chapter 10, Individual Income Tax Act, [and is
103 filed electronically,] interest on an overpayment is allowed if the commission does not process
104 a refund of the overpayment within a 45-day period after the date the commission receives the
105 amended return, for a time period:
106 [(Aa)] (A) that begins 46 days after the commission receives the amended return; and
107 [(Bb)] (B) [subject to Subsection (5)(c)(ii),] that ends on the date that the commission
108 completes processing the refund of the overpayment[; or].
109 [(II)] (iii) [if the amended return is with respect to a tax, fee, or charge except for a tax
110 under Chapter 7, Corporate Franchise and Income Taxes, or Chapter 10, Individual Income Tax
111 Act, or is not filed electronically,] For an amended return not filed electronically or with
112 respect to any tax, fee, or charge not described in Subsection º [(5)(c)(iii)] (5)(c)(ii) » , interest
112a on an
113 overpayment is allowed if the commission does not process a refund of the overpayment within
114 a 90-day period after the date the commission receives the amended return, for a time period:
115 [(Aa)] (A) that begins 91 days after the commission receives the amended return; and
116 [(Bb)] (B) [subject to Subsection (5)(c)(ii),] that ends on the date that the commission
117 completes processing the refund of the overpayment.
118 [(ii) For purposes of Subsection (5)(c)(i)(B)(I)(Bb) or (5)(c)(i)(B)(II)(Bb), interest shall
-4- House Floor Amendments 2-13-2024 ho/gh
Statutes affected: Introduced: 59-1-402
Enrolled: 59-1-402
H.B. 89 1st Substitute (Not Adopted) Text: 59-1-402
H.B. 89 2nd Substitute : 59-1-402
H.B. 89 3rd Substitute (Not Adopted) Text: 59-1-402
Amended: 59-1-402