House Bill 1947

CODING: Words stricken are deletions; words underlined are additions.







    Florida House of Representatives - 1999                HB 1947

        By the Committee on Finance & Taxation and Representatives
    Albright, Logan, Fasano and Brown





  1                      A bill to be entitled

  2         An act relating to tax administration; amending

  3         s. 212.11, F.S.; revising the filing deadline

  4         applicable to sales tax dealers who are

  5         required to calculate and pay estimated tax

  6         liability; increasing the threshold for

  7         determining whether a dealer is subject to said

  8         requirement; amending ss. 212.04 and 212.15,

  9         F.S., to conform; creating s. 213.235, F.S.;

10         providing for determination of the annual rate

11         of interest applicable to tax payment

12         deficiencies; creating s. 213.255, F.S.;

13         providing for payment of interest on

14         overpayments of taxes, payment of taxes not

15         due, or taxes paid in error with respect to

16         taxes administered by the Department of Revenue

17         if refund is not made within a specified

18         period; providing requirements for refund

19         applications and determination of completeness

20         thereof; requiring a bond or other security

21         under certain conditions; providing for

22         interest and penalties with respect to refunds

23         paid in error; providing application; providing

24         for rules; amending ss. 198.15 and 198.18,

25         F.S., relating to the rate of interest on

26         delinquent estate taxes and taxes for which an

27         extension is granted, s. 198.155, F.S.,

28         relating to the rate of interest on delinquent

29         tax on generation-skipping transfers, s.

30         198.16, F.S., relating to the rate of interest

31         on deficiencies in such taxes, s. 199.282,

                                  1

CODING: Words stricken are deletions; words underlined are additions.






    Florida House of Representatives - 1999                HB 1947

    696-158A-99






  1         F.S., relating to the rate of interest on

  2         delinquent intangible personal property taxes,

  3         s. 201.17, F.S., relating to the rate of

  4         interest on delinquent excise taxes on

  5         documents, and s. 203.06, F.S., relating to the

  6         rate of interest on delinquent gross receipts

  7         taxes, to conform; reenacting s. 203.62, F.S.,

  8         relating to the gross receipts tax on

  9         interstate and international telecommunications

10         services, to incorporate the amendment to s.

11         203.06, F.S., in a reference thereto; amending

12         s. 206.44, F.S., relating to the rate of

13         interest on delinquent motor fuel taxes, to

14         conform; reenacting ss. 206.06(1), 206.94,

15         206.97, 206.9915(3), 336.021(2)(a), and

16         336.025(2)(a), F.S., relating to estimated fuel

17         taxes, tax on diesel fuel, tax on fuel and

18         other pollutants, the ninth-cent fuel tax on

19         motor and diesel fuel, and the local option tax

20         on motor and diesel fuel for county

21         transportation systems, to incorporate the

22         amendment to s. 206.44, F.S., in references

23         thereto; amending s. 207.007, F.S., relating to

24         the rate of interest on delinquent tax on the

25         operation of commercial motor vehicles, ss.

26         211.076 and 211.33, F.S., relating to the rate

27         of interest on delinquent taxes and

28         underpayment of estimated taxes on oil and gas

29         production and severance of minerals, and s.

30         212.12, F.S., relating to the rate of interest

31         on delinquent taxes on sales, use, and other

                                  2

CODING: Words stricken are deletions; words underlined are additions.






    Florida House of Representatives - 1999                HB 1947

    696-158A-99






  1         transactions, to conform; reenacting ss.

  2         193.501(6)(e), 193.503(9)(b), and 193.505(8),

  3         F.S., relating to the interest on a deferred

  4         tax liability due upon a change in assessment

  5         status of certain conservation or recreation

  6         land or historic properties, and s.

  7         196.1997(7), F.S., relating to the interest on

  8         taxes which become due when property is no

  9         longer eligible for a historic property tax

10         exemption, to incorporate the amendment to s.

11         212.12, F.S., in references thereto; amending

12         s. 220.807, F.S., relating to the interest rate

13         applicable to the corporate income tax code,

14         and s. 624.5092, F.S., relating to the rate of

15         interest on delinquent insurance premium taxes,

16         to conform; directing the Department of Revenue

17         to examine and report on the impact of the act;

18         providing an effective date.

19

20  Be It Enacted by the Legislature of the State of Florida:

21

22         Section 1.  Subsections (1) and (4) of section 212.11,

23  Florida Statutes, 1998 Supplement, are amended to read:

24         212.11  Tax returns and regulations.--

25         (1)(a)  Each dealer shall calculate his or her

26  estimated tax liability for any month by one of the following

27  methods:

28         1.  Sixty-six percent of the current month's liability

29  pursuant to this chapter as shown on the tax return;

30         2.  Sixty-six percent of the tax reported on the tax

31  return pursuant to this chapter by a dealer for the taxable

                                  3

CODING: Words stricken are deletions; words underlined are additions.






    Florida House of Representatives - 1999                HB 1947

    696-158A-99






  1  transactions occurring during the corresponding month of the

  2  preceding calendar year; or

  3         3.  Sixty-six percent of the average tax liability

  4  pursuant to this chapter for those months during the preceding

  5  calendar year in which the dealer reported taxable

  6  transactions.

  7         (b)  For the purpose of ascertaining the amount of tax

  8  payable under this chapter, it shall be the duty of all

  9  dealers to file a return and remit the tax, on or before the

10  20th day of the month, or on or before the 28th day of the

11  month if the dealer is complying with paragraph (a), to the

12  department, upon forms prepared and furnished by it or in a

13  format prescribed by it.  Such return must show the rentals,

14  admissions, gross sales, or purchases, as the case may be,

15  arising from all leases, rentals, admissions, sales, or

16  purchases taxable under this chapter during the preceding

17  calendar month.

18         (c)  However, the department may require:

19         1.  A quarterly return and payment when the tax

20  remitted by the dealer for the preceding four calendar

21  quarters did not exceed $1,000.

22         2.  A semiannual return and payment when the tax

23  remitted by the dealer for the preceding four calendar

24  quarters did not exceed $500.

25         3.  An annual return and payment when the tax remitted

26  by the dealer for the preceding four calendar quarters did not

27  exceed $100.

28         4.  A quarterly return and monthly payment when the tax

29  remitted by the dealer for the preceding four calendar

30  quarters exceeded $1,000 but did not exceed $12,000.

31

                                  4

CODING: Words stricken are deletions; words underlined are additions.






    Florida House of Representatives - 1999                HB 1947

    696-158A-99






  1         (d)  The department may authorize dealers who are newly

  2  required to file returns and pay tax quarterly to file returns

  3  and remit the tax for the 3-month periods ending in February,

  4  May, August, and November, and may authorize dealers who are

  5  newly required to file returns and pay tax semiannually to

  6  file returns and remit the tax for the 6-month periods ending

  7  in May and November.

  8         (e)  The department shall accept returns, except those

  9  required to be initiated through an electronic data

10  interchange, as timely if postmarked on or before the 20th day

11  of the month, or on or before the 28th day of the month if the

12  dealer is required to file under paragraph (a); if the filing

13  date deadline 20th day falls on a Saturday, Sunday, or federal

14  or state legal holiday, returns shall be accepted as timely if

15  postmarked on the next succeeding workday.  Any dealer who

16  operates two or more places of business for which returns are

17  required to be filed with the department and maintains records

18  for such places of business in a central office or place shall

19  have the privilege on each reporting date of filing a

20  consolidated return for all such places of business in lieu of

21  separate returns for each such place of business; however,

22  such consolidated returns must clearly indicate the amounts

23  collected within each county of the state. Any dealer who

24  files a consolidated return shall calculate his or her

25  estimated tax liability for each county by the same method the

26  dealer uses to calculate his or her estimated tax liability on

27  the consolidated return as a whole. Each dealer shall file a

28  return for each tax period even though no tax is due for such

29  period.

30         (f)1.  A taxpayer who is required to remit taxes by

31  electronic funds transfer shall make a return in a manner that

                                  5

CODING: Words stricken are deletions; words underlined are additions.






    Florida House of Representatives - 1999                HB 1947

    696-158A-99






  1  is initiated through an electronic data interchange.  The

  2  acceptable method of transfer, the method, form, and content

  3  of the electronic data interchange, giving due regard to

  4  developing uniform standards for formats as adopted by the

  5  American National Standards Institute, the circumstances under

  6  which an electronic data interchange shall serve as a

  7  substitute for the filing of another form of return, and the

  8  means, if any, by which taxpayers will be provided with

  9  acknowledgments, shall be as prescribed by the department. The

10  department must accept such returns as timely if initiated and

11  accepted on or before the 20th day of the month, or on or

12  before the 28th day of the month if the dealer is required to

13  file under paragraph (a). If the filing date deadline 20th day

14  falls on a Saturday, Sunday, or federal or state legal

15  holiday, returns must be accepted as timely if initiated and

16  accepted on the next succeeding workday.

17         2.  The department may waive the requirement to make a

18  return through an electronic data interchange due to problems

19  arising from the taxpayer's computer capabilities, data

20  systems changes, and taxpayer operating procedures.  To obtain

21  a waiver, the taxpayer shall demonstrate in writing to the

22  department that such circumstances exist.

23         (4)(a)  Each dealer who is subject to the tax imposed

24  by this chapter and who paid such tax for the preceding state

25  fiscal year in an amount greater than or equal to $200,000

26  $100,000 shall calculate the amount of estimated tax due

27  pursuant to this section for any month as provided in

28  paragraph (1)(a).

29         (b)  The amount of any estimated tax shall be due,

30  payable, and remitted by electronic funds transfer by the 28th

31  20th day of the month for which it is estimated.  The

                                  6

CODING: Words stricken are deletions; words underlined are additions.






    Florida House of Representatives - 1999                HB 1947

    696-158A-99






  1  difference between the amount of estimated tax paid and the

  2  actual amount of tax due under this chapter for such month

  3  shall be due and payable by the first day of the following

  4  month and remitted by electronic funds transfer by the 28th

  5  20th day thereof.

  6         (c)  Any dealer who is eligible to file a consolidated

  7  return and who paid the tax imposed by this chapter for the

  8  immediately preceding state fiscal year in an amount greater

  9  than or equal to $200,000 $100,000 or would have paid the tax

10  in such amount if he or she had filed a consolidated return

11  shall be subject to the provisions of this subsection

12  notwithstanding an election by the dealer in any month to file

13  a separate return.

14         (d)  A dealer engaged in the business of selling boats,

15  motor vehicles, or aircraft who made at least one sale of a

16  boat, motor vehicle, or aircraft with a sales price of

17  $200,000 $100,000 or greater in the previous state fiscal year

18  may qualify for payment of estimated sales tax pursuant to the

19  provisions of this paragraph.  To qualify, a dealer must apply

20  annually to the department prior to October 1, and, if

21  qualified, the department must grant the application for

22  payment of estimated sales tax pursuant to this paragraph for

23  the following calendar year.  In lieu of the method for

24  calculating estimated sales tax liability pursuant to

25  subparagraph (1)(a)3., a qualified dealer must calculate that

26  option as 66 percent of the average tax liability pursuant to

27  this chapter for all sales excluding the sale of each boat,

28  motor vehicle, or aircraft with a sales price of $200,000

29  $100,000 or greater during the state fiscal year ending the

30  year in which the application is made.  A qualified dealer

31  must also remit the sales tax for each sale of a boat, motor

                                  7

CODING: Words stricken are deletions; words underlined are additions.






    Florida House of Representatives - 1999                HB 1947

    696-158A-99






  1  vehicle, or aircraft with a sales price of $200,000 $100,000

  2  or greater by either electronic funds transfer on the date of

  3  the sale or on a form prescribed by the department and

  4  postmarked on the date of the sale.

  5         (e)  The penalty provisions of this chapter, except s.

  6  212.12(2)(c), apply to the provisions of this subsection.

  7         Section 2.  Subsection (4) of section 212.04, Florida

  8  Statutes, 1998 Supplement, is amended to read:

  9         212.04  Admissions tax; rate, procedure, enforcement.--

10         (4)  Each person who exercises the privilege of

11  charging admission taxes, as herein defined, shall apply for,

12  and at that time shall furnish the information and comply with

13  the provisions of s. 212.18 not inconsistent herewith and

14  receive from the department, a certificate of right to

15  exercise such privilege, which certificate shall apply to each

16  place of business where such privilege is exercised and shall

17  be in the manner and form prescribed by the department.  Such

18  certificate shall be issued upon payment to the department of

19  a registration fee of $5 by the applicant.  Each person

20  exercising the privilege of charging such admission taxes as

21  herein defined shall cause to be kept records and accounts

22  showing the admission which shall be in the form as the

23  department may from time to time prescribe, inclusive of

24  records of all tickets numbered and issued for a period of not

25  less than the time within which the department may, as

26  permitted by s. 95.091(3), make an assessment with respect to

27  any admission evidenced by such records and accounts, and

28  inclusive of all bills or checks of customers who are charged

29  any of the taxes defined herein, showing the charge made to

30  each for that period.  The department is empowered to use each

31  and every one of the powers granted herein to the department

                                  8

CODING: Words stricken are deletions; words underlined are additions.






    Florida House of Representatives - 1999                HB 1947

    696-158A-99






  1  to discover the amount of tax to be paid by each such person

  2  and to enforce the payment thereof as are hereby granted the

  3  department for the discovery and enforcement of the payment of

  4  taxes hereinafter levied on the sales of tangible personal

  5  property.  The failure of any person to pay such taxes before

  6  the 21st day of the succeeding month after the taxes are

  7  collected, except as otherwise provided in this chapter, shall

  8  render such person liable to the same penalties that are

  9  hereafter imposed upon such person for being delinquent in the

10  payment of taxes imposed upon the sales of tangible personal

11  property; the failure of any person to render returns and to

12  pay taxes as prescribed herein shall render such person

13  subject to the same penalties, by way of charges for

14  delinquencies, at the rate of 10 percent per month for a total

15  amount of tax delinquent up to a total of 50 percent of such

16  tax and at the rate of 100-percent penalty for attempted

17  evasion of payment of any such tax or for any attempt to file

18  false or misleading returns that are required to be filed by

19  the department.

20         Section 3.  Subsection (1) of section 212.15, Florida

21  Statutes, is amended to read:

22         212.15  Taxes declared state funds; penalties for

23  failure to remit taxes; due and delinquent dates; judicial

24  review.--

25         (1)  The taxes imposed by this chapter shall, except as

26  provided in s. 212.06(5)(a)2.e., become state funds at the

27  moment of collection and shall for each month be due to the

28  department on the first day of the succeeding month and be

29  delinquent on the 21st day of such month, except as otherwise

30  provided in this chapter.  All returns postmarked after the

31

                                  9

CODING: Words stricken are deletions; words underlined are additions.






    Florida House of Representatives - 1999                HB 1947

    696-158A-99






  1  20th day of such month are delinquent, except as otherwise

  2  provided in this chapter.

  3         Section 4.  Section 213.235, Florida Statutes, is

  4  created to read:

  5         213.235  Determination of interest on deficiencies.--

  6         (1)  The annual rate of interest applicable to tax

  7  payment deficiencies shall be the adjusted rate established by

  8  the executive director of the department under subsection (2).

  9  This annual rate of interest is applicable to all taxes

10  enumerated in s. 213.05 unless otherwise provided.

11         (2)  If the adjusted prime rate charged by banks,

12  rounded to the nearest full percent, during either:

13         (a)  The 6-month period ending on September 30 of any

14  calendar year; or

15         (b)  The 6-month period ending on March 31 of any

16  calendar year,

17

18  differs from the interest rate in effect on such date, the

19  executive director of the department shall, within 20 days,

20  establish an adjusted rate of interest equal to such adjusted

21  prime rate.

22         (3)  An adjusted rate of interest established under

23  this section shall become effective:

24         (a)  On January 1 of the succeeding year, if based upon

25  the adjusted prime rate for the 6-month period ending on

26  September 30; or

27         (b)  On July 1 of the same calendar year, if based upon

28  the adjusted prime rate for the 6-month period ending on March

29  31.

30         (4)  For the purposes of this section, "adjusted prime

31  rate charged by banks" means the average predominant prime

                                  10

CODING: Words stricken are deletions; words underlined are additions.






    Florida House of Representatives - 1999                HB 1947

    696-158A-99






  1  rate quoted by commercial banks to large businesses, as

  2  determined by the Board of Governors of the Federal Reserve

  3  System.

  4         (5)  Once established, an adjusted rate of interest

  5  shall remain in effect until an adjustment is made under

  6  subsection (2).

  7         Section 5.  Section 213.255, Florida Statutes, is

  8  created to read:

  9         213.255  Interest.--Interest shall be paid on

10  overpayments of taxes, payment of taxes not due, or taxes paid

11  in error, subject to the following conditions:

12         (1)  A refund application must be filed with the

13  department within the time specified by s. 215.26.

14         (2)  A refund application shall not be processed until

15  it is determined complete.  A refund application is complete

16  if it is filed on a permitted form and contains:

17         (a)  The taxpayer's name, address, identifying number,

18  and signature.

19         (b)  Sufficient information, whether on the application

20  or attachments, to permit mathematical verification of the

21  amount of the refund.

22         (c)  The amount claimed.

23         (d)  The specific grounds upon which the refund is

24  claimed.

25         (e)  The taxable years or periods involved.

26         (3)  Within 30 days after receipt of the refund

27  application, the department shall examine the application and

28  notify the applicant of any apparent errors or omissions and

29  request any additional information the department is permitted

30  by law to require.  An application shall be considered

31  complete upon receipt of all requested information and

                                  11

CODING: Words stricken are deletions; words underlined are additions.






    Florida House of Representatives - 1999                HB 1947

    696-158A-99






  1  correction of any error or omission for which the applicant

  2  was timely notified, or when the time for such notification

  3  has expired, whichever is later.

  4         (4)  Interest shall not commence until 90 days after a

  5  complete refund application has been filed and the amount of

  6  overpayment has not been refunded to the taxpayer or applied

  7  as a credit to the taxpayer's account.  If the department and

  8  the taxpayer mutually agree that an audit or verification is

  9  necessary in order to determine the taxpayer's entitlement to

10  the refund, interest shall not commence until the audit or

11  verification of the claim is final.

12         (5)  If a tax is adjudicated unconstitutional and

13  refunds are ordered by the court, interest shall not commence

14  on complete applications until 90 days after the adjudication

15  becomes final and unappealable or 90 days after a complete

16  application has been filed, whichever is later.

17         (6)  Interest shall be paid until a date determined by

18  the department which shall be no more than 7 days prior to the

19  date of the issuance of the refund warrant by the Comptroller.

20         (7)  If the department intends to pay a refund claim

21  prior to completion of an audit, the department may condition

22  its payment of the refund claim upon the person filing a cash

23  bond or surety bond in the amount of the refund claimed or

24  making such other security arrangements satisfactory to

25  protect the state's interests.  The department may impose this

26  condition only when it has reasonable cause to believe that it

27  could not recover the amount of any refund paid in error from

28  the person claiming the refund.  The cash or surety bond shall

29  be endorsed by a surety company authorized to do business in

30  this state and shall be conditioned upon payment in full of

31  the amount of any refund paid in error for any reason.  The

                                  12

CODING: Words stricken are deletions; words underlined are additions.






    Florida House of Representatives - 1999                HB 1947

    696-158A-99






  1  department shall provide a written notice of its determination

  2  that a cash or surety bond is required as a condition of

  3  payment prior to audit, in which event interest shall not

  4  commence until the person filing the claim satisfies this

  5  requirement.  Such bond shall remain in place while the

  6  department retains a right pursuant to s. 95.091(3) to audit

  7  the refund claim.  Upon completion of an audit of the claim,

  8  the department shall agree to a reduction in the bond amount

  9  equal to the portion of the refund claim approved by the

10  department.

11         (8)  Nothing in this section is intended to alter the

12  department's right to audit or verify refund claims either

13  before or after they are paid.

14         (9)  In the event that the department pays a refund

15  claim that is later determined to have been paid in error, the

16  person to whom the refund was paid shall be assessed interest

17  on the amount of the erroneous refund payment, commencing with

18  the date of the erroneous payment and continuing until the

19  erroneous payment amount is repaid to the department.  If the

20  department determines that the erroneous refund claim was not

21  due to reasonable cause, there shall be added a penalty in the

22  amount of 10 percent of the erroneously refunded tax.  If the

23  department determines that the erroneous refund claim was due

24  to fraud, there shall be added a penalty in the amount of 100

25  percent of the erroneously refunded tax.

26         (10)  The provisions of this section shall apply with

27  regard to refund claims filed on or after July 1, 1999, and

28  beginning July 1, 2000, shall apply with regard to any then

29  pending refund claims that were filed with the department

30  prior to July 1, 1999.

31

                                  13

CODING: Words stricken are deletions; words underlined are additions.






    Florida House of Representatives - 1999                HB 1947

    696-158A-99






  1         (11)  The department is authorized to adopt such rules,

  2  not inconsistent with the provisions of this section, as are

  3  necessary for the implemention of this section including, but

  4  not limited to, rules establishing the information necessary

  5  for a complete refund application, the procedures for denying

  6  an incomplete application, and the standards and guidelines to

  7  be applied in determining when to require a bond under the

  8  provisions of subsection (7).

  9         (12)  The rate of interest shall be the adjusted rate

10  established pursuant to s. 213.235, except that the annual

11  rate of interest shall never be greater than 11 percent.  This

12  annual rate of interest shall be applied to all refunds of

13  taxes administered by the department except for corporate

14  income taxes and emergency excise taxes governed by ss.

15  220.721 and 220.723.

16         Section 6.  Subsection (1) of section 198.15, Florida

17  Statutes, is amended to read:

18         198.15  When tax due; extension; interest; penalty.--

19         (1)  The tax imposed by this chapter is due and payable

20  on or before the last day prescribed by law for paying the

21  federal estate tax pursuant to the initial estate tax return

22  and shall be paid by the personal representative to the

23  department.  The department shall extend the time for payment

24  of the tax or any part of the tax if the time for paying the

25  federal estate tax is extended, provided the personal

26  representative files with the department a copy of the

27  approved federal extension notice within 30 days after

28  receiving such notice.  No extension shall be for more than 1

29  year, and the aggregate of extensions with respect to any

30  estate shall not exceed 10 years from the due date.  In such

31  case, the amount in respect of which the extension is granted

                                  14

CODING: Words stricken are deletions; words underlined are additions.






    Florida House of Representatives - 1999                HB 1947

    696-158A-99






  1  shall be paid on or before the date of the expiration of the

  2  period of the extension, unless a further extension is

  3  granted.  If the time for the payment is thus extended, there

  4  shall be collected, as part of such amount, interest thereon

  5  at the adjusted rate established pursuant to s. 213.235 of 1

  6  percent per month of the amount due from the due date of the

  7  tax to the date the same is paid.

  8         Section 7.  Subsection (5) of section 198.155, Florida

  9  Statutes, is amended to read:

10         198.155  Payment of tax on generation-skipping

11  transfers.--

12         (5)  If the tax, or any portion thereof, is not paid

13  before it becomes delinquent, it shall bear interest from the

14  due date until paid at the adjusted rate established pursuant

15  to s. 213.235 of 1 percent per month for each month or

16  fraction thereof that it is delinquent.

17         Section 8.  Subsection (3) of section 198.16, Florida

18  Statutes, is amended to read:

19         198.16  Notice of determination of deficiency in

20  federal tax to be filed with department.--

21         (3)  If, based upon any deficiency and the ground

22  therefor, it shall appear that the amount of tax previously

23  paid is less than the amount of tax owing, the difference,

24  together with interest at the adjusted rate established

25  pursuant to s. 213.235 of 1 percent per month from the due

26  date of the tax, shall be paid upon notice and demand by the

27  department. In the event the personal representative or person

28  required to return and pay such tax shall fail to give the

29  notice required by this section, any additional tax which

30  shall be owing may be assessed, or a proceeding in court for

31  the collection of such tax may be begun without assessment at

                                  15

CODING: Words stricken are deletions; words underlined are additions.






    Florida House of Representatives - 1999                HB 1947

    696-158A-99






  1  any time prior to the filing of such notice or within 30 days

  2  after the delinquent filing of such notice, notwithstanding

  3  the provisions of s. 198.28.

  4         Section 9.  Subsection (2) of section 198.18, Florida

  5  Statutes, is amended to read:

  6         198.18  Failure to pay tax; penalties; delinquent or

  7  deficient taxes, interest.--

  8         (2)  Any deficiency in tax or any tax payment not

  9  received by the department on or before the due date as

10  provided in s. 198.15, in addition to any other penalties,

11  shall bear interest at the adjusted rate established pursuant

12  to s. 213.235 of 1 percent per month of the amount due from

13  the due date until paid.  The department may settle or

14  compromise such interest pursuant to s. 213.21.

15         Section 10.  Subsection (2) of section 199.282, Florida

16  Statutes, 1998 Supplement, is amended to read:

17         199.282  Penalties for violation of this chapter.--

18         (2)  If any annual or nonrecurring tax is not paid by

19  the statutory due date, then despite any extension granted

20  under s. 199.232(6), interest shall run on the unpaid balance

21  from such due date until paid at the adjusted rate established

22  pursuant to s. 213.235 of 12 percent per year.

23         Section 11.  Paragraph (c) of subsection (2) of section

24  201.17, Florida Statutes, is amended to read:

25         201.17  Penalties for failure to pay tax required.--

26         (2)  If any document, instrument, or paper upon which

27  the tax under this chapter is imposed, upon audit or at time

28  of recordation, does not show the proper amount of tax paid,

29  or if the tax imposed by this chapter on any document,

30  instrument, or paper is not timely reported and paid as

31  required by s. 201.133, the person or persons liable for the

                                  16

CODING: Words stricken are deletions; words underlined are additions.






    Florida House of Representatives - 1999                HB 1947

    696-158A-99






  1  tax upon the document, instrument, or paper shall be subject

  2  to:

  3         (c)  Payment of interest to the Department of Revenue,

  4  accruing from the date the tax is due until paid, at the

  5  adjusted rate established pursuant to s. 213.235 of 1 percent

  6  per month, based on the amount of tax not paid.

  7         Section 12.  Section 203.06, Florida Statutes, is

  8  amended to read:

  9         203.06  Interest on delinquent payments.--Any payments

10  as imposed in this chapter, if not received by the Department

11  of Revenue on or before the due date as provided by law, shall

12  include, as an additional part of such amount due, interest at

13  the adjusted rate established pursuant to s. 213.235 of 1

14  percent per month, accruing from the date due until paid.

15         Section 13.  For the purpose of incorporating the

16  amendment to section 203.06, Florida Statutes, in a reference

17  thereto, section 203.62, Florida Statutes, is reenacted to

18  read:

19         203.62  Applicability of specified sections of part

20  I.--The provisions of ss. 203.01, 203.012, 203.013, 203.02,

21  203.03, 203.04, 203.06, and 203.07 shall be applicable to the

22  levy and collection of taxes imposed pursuant to this part as

23  if fully set out in this part.

24         Section 14.  Subsection (2) of section 206.44, Florida

25  Statutes, is amended to read:

26         206.44  Penalty and interest for failure to report on

27  time; penalty and interest on tax deficiencies.--

28         (2)  Any payment that is not received by the department

29  on or before the due date as provided in s. 206.43 shall bear

30  interest at the adjusted rate established pursuant to s.

31  213.235 of 1 percent per month, from the date due until paid.

                                  17

CODING: Words stricken are deletions; words underlined are additions.






    Florida House of Representatives - 1999                HB 1947

    696-158A-99






  1  Interest on any delinquent tax shall be calculated beginning

  2  on the 21st day of the month for which the tax is due, except

  3  as otherwise provided in this part.

  4         Section 15.  For the purpose of incorporating the

  5  amendment to section 206.44, Florida Statutes, in a reference

  6  thereto, subsection (1) of section 206.06, Florida Statutes,

  7  is reenacted to read:

  8         206.06  Estimate of amount of fuel taxes due and

  9  unpaid.--

10         (1)  Whenever any terminal supplier, importer,

11  exporter, or wholesaler neglects or refuses to make and file

12  any report for any calendar month, as required by the fuel tax

13  laws of this state, or files an incorrect or fraudulent

14  report, or is in default in the payment of any fuel taxes and

15  penalties thereon payable under the laws of this state, the

16  department shall, from any information it may be able to

17  obtain from its office or elsewhere, estimate the number of

18  gallons of motor fuel with respect to which the terminal

19  supplier, importer, exporter, or wholesaler has become liable

20  for taxes under the fuel tax laws of this state and the amount

21  of taxes due and payable thereon, to which sum shall be added

22  a penalty and interest as provided in s. 206.44.

23         Section 16.  For the purpose of incorporating the

24  amendment to section 206.44, Florida Statutes, in a reference

25  thereto, section 206.94, Florida Statutes, is reenacted to

26  read:

27         206.94  Department may estimate diesel fuels sold or

28  used.--When any person neglects or refuses to file any report

29  as required by s. 206.91 or files an incorrect or fraudulent

30  report, the department shall determine, after investigation,

31  the number of gallons of diesel fuels with respect to which

                                  18

CODING: Words stricken are deletions; words underlined are additions.






    Florida House of Representatives - 1999                HB 1947

    696-158A-99






  1  the person has incurred liability under this part for any

  2  particular period and fix the amount of taxes due and payable

  3  thereon, to which taxes due shall be added the penalties and

  4  interest imposed by s. 206.44 as a penalty for the default of

  5  such person.  The department may settle or compromise such

  6  penalties pursuant to s. 213.21.

  7         Section 17.  For the purpose of incorporating the

  8  amendment to section 206.44, Florida Statutes, in a reference

  9  thereto, section 206.97, Florida Statutes, is reenacted to

10  read:

11         206.97  Applicability of specified sections of part

12  I.--The provisions of ss. 206.01, 206.02, 206.026, 206.027,

13  206.028, 206.04, 206.051, 206.052, 206.054, 206.055, 206.07,

14  206.075, 206.08, 206.09, 206.095, 206.10, 206.11, 206.12,

15  206.13, 206.14, 206.15, 206.16, 206.17, 206.175, 206.18,

16  206.199, 206.20, 206.204, 206.205, 206.21, 206.215, 206.22,

17  206.23, 206.24, 206.25, 206.27, 206.28, 206.41, 206.415,

18  206.416, 206.43, 206.435, 206.44, 206.48, 206.49, 206.56,

19  206.59, 206.606, 206.608, 206.61, and 206.62 of part I of this

20  chapter shall, as far as lawful or practicable, be applicable

21  to the tax herein levied and imposed and to the collection

22  thereof as if fully set out in this part. However, no

23  provision of any such section shall apply if it conflicts with

24  any provision of this part.

25         Section 18.  For the purpose of incorporating the

26  amendment to section 206.44, Florida Statutes, in a reference

27  thereto, subsection (3) of section 206.9915, Florida Statutes,

28  is reenacted to read:

29         206.9915  Legislative intent and general provisions.--

30         (3)  The provisions of ss. 206.01, 206.02, 206.026,

31  206.027, 206.028, 206.051, 206.052, 206.054, 206.055, 206.06,

                                  19

CODING: Words stricken are deletions; words underlined are additions.






    Florida House of Representatives - 1999                HB 1947

    696-158A-99






  1  206.07, 206.075, 206.08, 206.09, 206.095, 206.10, 206.11,

  2  206.12, 206.13, 206.14, 206.15, 206.16, 206.17, 206.175,

  3  206.18, 206.199, 206.20, 206.204, 206.205, 206.21, 206.215,

  4  206.22, 206.24, 206.27, 206.28, 206.416, 206.42, 206.425,

  5  206.44, 206.48, 206.49, 206.56, 206.59, 206.86, 206.87,

  6  206.872, 206.873, 206.8735, 206.874, 206.8741, 206.8745,

  7  206.94, 206.945, and 206.9815 shall, as far as lawful or

  8  practicable, be applicable to the levy and collection of taxes

  9  imposed pursuant to this part as if fully set out in this part

10  and made expressly applicable to the taxes imposed herein.

11         Section 19.  For the purpose of incorporating the

12  amendment to section 206.44, Florida Statutes, in a reference

13  thereto, paragraph (a) of subsection (2) of section 336.021,

14  Florida Statutes, as amended by section 16 of chapter 97-54,

15  Laws of Florida, is reenacted to read:

16         336.021  County transportation system; levy of

17  ninth-cent fuel tax on motor fuel and diesel fuel.--

18         (2)(a)  The tax collected by the department pursuant to

19  subsection (1) shall be transferred to the Ninth-cent Fuel Tax

20  Trust Fund, which fund is created for distribution to the

21  counties pursuant to paragraph (1)(d). The department shall

22  deduct the administrative costs incurred by it in collecting,

23  administering, enforcing, and distributing back to the

24  counties the tax, which administrative costs may not exceed 2

25  percent of collections authorized by this section. The total

26  administrative cost shall be prorated among those counties

27  levying the tax according to the following formula, which

28  shall be revised on July 1 of each year: Two-thirds of the

29  amount deducted shall be based on the county's proportional

30  share of the number of dealers who are registered for purposes

31  of chapter 212 on June 30th of the preceding state fiscal

                                  20

CODING: Words stricken are deletions; words underlined are additions.






    Florida House of Representatives - 1999                HB 1947

    696-158A-99






  1  year, and one-third of the amount deducted shall be based on

  2  the county's share of the total amount of the tax collected

  3  during the preceding state fiscal year. The department has the

  4  authority to prescribe and publish all forms upon which

  5  reports shall be made to it and other forms and records deemed

  6  to be necessary for proper administration and collection of

  7  the tax levied by any county and shall adopt rules necessary

  8  to enforce this section, which rules shall have the full force

  9  and effect of law. The provisions of ss. 206.026, 206.027,

10  206.028, 206.051, 206.052, 206.054, 206.055, 206.06, 206.07,

11  206.075, 206.08, 206.09, 206.095, 206.10, 206.11, 206.12,

12  206.13, 206.14, 206.15, 206.16, 206.17, 206.175, 206.18,

13  206.199, 206.20, 206.204, 206.205, 206.21, 206.215, 206.22,

14  206.24, 206.27, 206.28, 206.41, 206.416, 206.44, 206.45,

15  206.48, 206.49, 206.56, 206.59, 206.626, 206.87, 206.872,

16  206.873, 206.8735, 206.874, 206.8741, 206.8745, 206.94, and

17  206.945 shall, as far as practicable, be applicable to the

18  levy and collection of the tax imposed pursuant to this

19  section as if fully set out in this section.

20         Section 20.  For the purpose of incorporating the

21  amendment to section 206.44, Florida Statutes, in a reference

22  thereto, paragraph (a) of subsection (2) of section 336.025,

23  Florida Statutes, as amended by section 18 of chapter 97-54,

24  Laws of Florida, is reenacted to read:

25         336.025  County transportation system; levy of local

26  option fuel tax on motor fuel and diesel fuel.--

27         (2)(a)  The tax levied pursuant to paragraph (1)(a)

28  shall be collected and remitted in the same manner provided by

29  ss. 206.41(1)(e) and 206.87(1)(c). The tax levied pursuant to

30  paragraph (1)(b) shall be collected and remitted in the same

31  manner provided by s. 206.41(1)(e). The taxes remitted

                                  21

CODING: Words stricken are deletions; words underlined are additions.






    Florida House of Representatives - 1999                HB 1947

    696-158A-99






  1  pursuant to this section shall be transferred to the Local

  2  Option Fuel Tax Trust Fund, which fund is created for

  3  distribution to the county and eligible municipal governments

  4  within the county in which the tax was collected and which

  5  fund is subject to the service charge imposed in chapter 215.

  6  The tax shall be distributed monthly by the department in the

  7  same manner provided by s. 336.021(1)(c) and (d). The

  8  department shall deduct the administrative costs incurred by

  9  it in collecting, administering, enforcing, and distributing

10  back to the counties the tax, which administrative costs may

11  not exceed 2 percent of collections authorized by this

12  section. The total administrative costs shall be prorated

13  among those counties levying the tax according to the

14  following formula, which shall be revised on July 1 of each

15  year:  Two-thirds of the amount deducted shall be based on the

16  county's proportional share of the number of dealers who are

17  registered for purposes of chapter 212 on June 30 of the

18  preceding state fiscal year, and one-third of the amount

19  deducted shall be based on the county's share of the total

20  amount of the tax collected during the preceding state fiscal

21  year. The department has the authority to prescribe and

22  publish all forms upon which reports shall be made to it and

23  other forms and records deemed to be necessary for proper

24  administration and collection of the taxes levied by any

25  county and shall promulgate such rules as may be necessary for

26  the enforcement of this section, which rules shall have the

27  full force and effect of law.  The provisions of ss. 206.026,

28  206.027, 206.028, 206.051, 206.052, 206.054, 206.055, 206.06,

29  206.07, 206.075, 206.08, 206.09, 206.095, 206.10, 206.11,

30  206.12, 206.13, 206.14, 206.15, 206.16, 206.17, 206.175,

31  206.18, 206.199, 206.20, 206.204, 206.205, 206.21, 206.215,

                                  22

CODING: Words stricken are deletions; words underlined are additions.






    Florida House of Representatives - 1999                HB 1947

    696-158A-99






  1  206.22, 206.24, 206.27, 206.28, 206.41, 206.416, 206.44,

  2  206.45, 206.48, 206.49, 206.56, 206.59, 206.626, 206.87,

  3  206.872, 206.873, 206.8735, 206.874, 206.8741, 206.94, and

  4  206.945 shall, as far as practicable, be applicable to the

  5  levy and collection of taxes imposed pursuant to this section

  6  as if fully set out in this section.

  7         Section 21.  Subsection (2) of section 207.007, Florida

  8  Statutes, is amended to read:

  9         207.007  Offenses; penalties and interest.--

10         (2)  In addition to any other penalties, any delinquent

11  tax shall bear interest at the adjusted rate established

12  pursuant to s. 213.235 of 1 percent per month, or fraction

13  thereof, calculated from the date the tax was due. If the

14  department enters into a cooperative reciprocal agreement

15  under the provisions of s. 207.0281, the department shall

16  collect and distribute all interest due to other jurisdictions

17  at the same rate as if such interest were due to the state.

18         Section 22.  Subsection (1) and paragraph (a) of

19  subsection (4) of section 211.076, Florida Statutes, are

20  amended to read:

21         211.076  Interest and penalties; failure to pay tax or

22  file return; estimated tax underpayments.--

23         (1)  If any part of the tax imposed by this part is not

24  paid on or before the due date, interest shall be added to the

25  amount due at the adjusted rate established pursuant to s.

26  213.235 of 12 percent per year from the due date until the

27  date of payment.

28         (4)(a)  Except as provided in paragraph (c), the

29  taxpayer is liable for interest at the adjusted rate

30  established pursuant to s. 213.235 of 12 percent per year and

31  a penalty at the rate of 12 percent per year on any

                                  23

CODING: Words stricken are deletions; words underlined are additions.






    Florida House of Representatives - 1999                HB 1947

    696-158A-99






  1  underpayment of estimated tax determined under this

  2  subsection.

  3         Section 23.  Paragraph (f) of subsection (1) and

  4  paragraph (d) of subsection (2) of section 211.33, Florida

  5  Statutes, are amended to read:

  6         211.33  Administration of the tax; returns; delinquency

  7  penalties and interest; departmental inspections of records.--

  8         (1)

  9         (f)  Except as provided in subparagraph 3., the

10  taxpayer shall be liable for interest at the adjusted rate

11  established pursuant to s. 213.235 of 12 percent per year and

12  for a penalty in an amount determined at the rate of 20

13  percent per year upon the amount of any underpayment of

14  estimated tax determined under this paragraph.

15         1.  The amount of any underpayment of estimated tax

16  shall be the excess of:

17         a.  The amount of the installment which would be

18  required to be paid if the estimated tax were equal to 80

19  percent of the tax shown on the return for the taxable year

20  or, if no return were filed, 80 percent of the tax for such

21  year, over

22         b.  The amount, if any, of the installment paid on or

23  before the last date prescribed for payment.

24         2.  The period of the underpayment for which interest

25  and penalties shall apply shall commence on the date the

26  installment was required to be paid and shall terminate on the

27  date on which the amount of underpayment is paid. A payment of

28  estimated tax on any installment date shall be considered a

29  payment of any previous underpayment only to the extent such

30  payment exceeds the amount of the installment determined under

31  sub-subparagraph 1.a. for such installment date.

                                  24

CODING: Words stricken are deletions; words underlined are additions.






    Florida House of Representatives - 1999                HB 1947

    696-158A-99






  1         3.  No penalty or interest for underpayment of any

  2  installment of estimated tax shall be imposed if the total

  3  amount of all such payments made on or before the last date

  4  prescribed for the payment of such installment equals or

  5  exceeds the amount which would have been required to be paid

  6  on or before such date if the estimated tax were the lesser

  7  of:

  8         a.  An amount equal to 80 percent of the tax finally

  9  due for the taxable year; or

10         b.  An amount equal to the tax shown on the taxpayer's

11  return for the preceding taxable year, if a return showing a

12  liability for tax was filed by the taxpayer for the preceding

13  year.

14         (2)

15         (d)  In addition to the delinquency penalty provided in

16  paragraph (c), the department shall assess interest on the

17  unpaid balance of any such tax which becomes delinquent,

18  without regard to any extensions, at the adjusted rate

19  established pursuant to s. 213.235 of 12 percent per year,

20  from April 1 to the date of payment. Interest prescribed by

21  this paragraph shall be deemed assessed upon the assessment of

22  the tax and shall be collected and paid in the same manner.

23         Section 24.  Subsection (3) of section 212.12, Florida

24  Statutes, 1998 Supplement, is amended to read:

25         212.12  Dealer's credit for collecting tax; penalties

26  for noncompliance; powers of Department of Revenue in dealing

27  with delinquents; brackets applicable to taxable transactions;

28  records required.--

29         (3)  When any dealer, or other person charged herein,

30  fails to remit the tax, or any portion thereof, on or before

31  the day when such tax is required by law to be paid, there

                                  25

CODING: Words stricken are deletions; words underlined are additions.






    Florida House of Representatives - 1999                HB 1947

    696-158A-99






  1  shall be added to the amount due interest on at the rate of 1

  2  percent per month of the amount due from the date due until

  3  paid at the adjusted rate established pursuant to s. 213.235.

  4  Interest on the delinquent tax shall be calculated beginning

  5  on the 21st day of the month following the month for which the

  6  tax is due, except as otherwise provided in this chapter.

  7         Section 25.  For the purpose of incorporating the

  8  amendment to section 212.12, Florida Statutes, 1998

  9  Supplement, in a reference thereto, paragraph (e) of

10  subsection (6) of section 193.501, Florida Statutes, is

11  reenacted to read:

12         193.501  Assessment of lands subject to a conservation

13  easement, environmentally endangered lands, or lands used for

14  outdoor recreational or park purposes when land development

15  rights have been conveyed or conservation restrictions have

16  been covenanted.--

17         (6)  The following terms whenever used as referred to

18  in this section have the following meanings unless a different

19  meaning is clearly indicated by the context:

20         (e)  "Deferred tax liability" means an amount equal to

21  the difference between the total amount of taxes that would

22  have been due in March in each of the previous years in which

23  the conveyance or covenant was in effect if the property had

24  been assessed under the provisions of s. 193.011 and the total

25  amount of taxes actually paid in those years when the property

26  was assessed under the provisions of this section, plus

27  interest on that difference computed as provided in s.

28  212.12(3).

29         Section 26.  For the purpose of incorporating the

30  amendment to section 212.12, Florida Statutes, 1998

31  Supplement, in a reference thereto, paragraph (b) of

                                  26

CODING: Words stricken are deletions; words underlined are additions.






    Florida House of Representatives - 1999                HB 1947

    696-158A-99






  1  subsection (9) of section 193.503, Florida Statutes, is

  2  reenacted to read:

  3         193.503  Classification and assessment of historic

  4  property used for commercial or certain nonprofit purposes.--

  5         (9)

  6         (b)  For purposes of this subsection, "deferred tax

  7  liability" means an amount equal to the difference between the

  8  total amount of taxes that would have been due in March if the

  9  property had been assessed under the provisions of s. 193.011

10  and the total amount of taxes actually paid in those years

11  when the property was assessed under the provisions of this

12  section, plus interest on that difference computed as provided

13  in s. 212.12(3).

14         Section 27.  For the purpose of incorporating the

15  amendment to section 212.12, Florida Statutes, 1998

16  Supplement, in a reference thereto, subsection (8) of section

17  193.505, Florida Statutes, is reenacted to read:

18         193.505  Assessment of historically significant

19  property when development rights have been conveyed or

20  historic preservation restrictions have been covenanted.--

21         (8)  For the purposes of this section, the term

22  "deferred tax liability" means an amount equal to the

23  difference between the total amount of taxes which would have

24  been due in March in each of the previous years in which a

25  covenant executed and accepted pursuant to this section was in

26  effect if the property had been assessed under the provisions

27  of s. 193.011 irrespective of any negative impact on fair

28  market value that restrictions imposed pursuant to this

29  section may have caused and the total amount of taxes actually

30  paid in those years, plus interest on that difference computed

31  as provided in s. 212.12(3).

                                  27

CODING: Words stricken are deletions; words underlined are additions.






    Florida House of Representatives - 1999                HB 1947

    696-158A-99






  1         Section 28.  For the purpose of incorporating the

  2  amendment to section 212.12, Florida Statutes, 1998

  3  Supplement, in a reference thereto, subsection (7) of section

  4  196.1997, Florida Statutes, is reenacted to read:

  5         196.1997  Ad valorem tax exemptions for historic

  6  properties.--

  7         (7)  To qualify for an exemption, the property owner

  8  must enter into a covenant or agreement with the governing

  9  body for the term for which the exemption is granted.  The

10  form of the covenant or agreement must be established by the

11  Department of State and must require that the character of the

12  property, and the qualifying improvements to the property, be

13  maintained during the period that the exemption is granted.

14  The covenant or agreement shall be binding on the current

15  property owner, transferees, and their heirs, successors, or

16  assigns.  Violation of the covenant or agreement results in

17  the property owner being subject to the payment of the

18  differences between the total amount of taxes which would have

19  been due in March in each of the previous years in which the

20  covenant or agreement was in effect had the property not

21  received the exemption and the total amount of taxes actually

22  paid in those years, plus interest on the difference

23  calculated as provided in s. 212.12(3).

24         Section 29.  Section 220.807, Florida Statutes, is

25  amended to read:

26         220.807  Determination of Rate of interest.--

27         (1)  The annual rate of interest applicable to this

28  chapter shall be the adjusted rate established pursuant to s.

29  213.235 by the executive director of the Department of Revenue

30  under subsection (2).

31

                                  28

CODING: Words stricken are deletions; words underlined are additions.






    Florida House of Representatives - 1999                HB 1947

    696-158A-99






  1         (2)  If the adjusted prime rate charged by banks,

  2  rounded to the nearest full percent, during either:

  3         (a)  The 6-month period ending on September 30 of any

  4  calendar year; or

  5         (b)  The 6-month period ending on March 31 of any

  6  calendar year,

  7

  8  differs from the interest rate in effect on either such date,

  9  the executive director of the Department of Revenue shall,

10  within 20 days, establish an adjusted rate of interest equal

11  to such adjusted prime rate.

12         (3)  An adjusted rate of interest established under

13  this section shall become effective:

14         (a)  On January 1 of the succeeding year, if based upon

15  the adjusted prime rate for the 6-month period ending on

16  September 30; or

17         (b)  On July 1 of the same calendar year, if based upon

18  the adjusted prime rate for the 6-month period ending on March

19  31.

20         (4)  For the purposes of this section, "adjusted prime

21  rate charged by banks" means the average predominant prime

22  rate quoted by commercial banks to large business, as

23  determined by the Board of Governors of the Federal Reserve

24  System.

25         (5)  Once established, an adjusted rate of interest

26  shall remain in effect until an adjustment is made under

27  subsection (2).

28         Section 30.  Paragraph (c) of subsection (2) of section

29  624.5092, Florida Statutes, is amended to read:

30         624.5092  Administration of taxes; payments.--

31         (2)

                                  29

CODING: Words stricken are deletions; words underlined are additions.






    Florida House of Representatives - 1999                HB 1947

    696-158A-99






  1         (c)  When any taxpayer fails to pay any amount due

  2  under this section, or any portion thereof, on or before the

  3  day when such tax or installment of tax is required by law to

  4  be paid, there shall be added to the amount due interest at

  5  the adjusted rate established pursuant to s. 213.235 of 12

  6  percent per year from the date due until paid.

  7         Section 31.  The Department of Revenue shall examine

  8  the impact of this act and, by January 1, 2000, the executive

  9  director of the Department of Revenue shall submit to the

10  Speaker of the House of Representatives, the President of the

11  Senate, and the chairs of the finance and taxation committees

12  of the Legislature a report containing recommendations for the

13  effective and efficient implementation of this act and methods

14  to minimize its fiscal impact.  These may include ways to

15  increase voluntary compliance with the state's tax laws.

16         Section 32.  This act shall take effect July 1, 1999.

17

18            *****************************************

19                          HOUSE SUMMARY

20
      Extends the filing deadline applicable to sales tax
21    dealers who are required to calculate and pay estimated
      tax liability from the 20th to the 28th day of the month.
22    Increases the threshold for determing whether a dealer is
      subject to said requirement from $100,000 to $200,000.
23

24    Provides that the annual rate of interest on tax payment
      deficiencies shall be a floating rate based on the prime
25    rate.

26
      Provides for payment of interest on overpayments of taxes
27    administered by the Department of Revenue if refund is
      not made within a specified period.  Provides
28    requirements for refund applications.

29
      Directs the Department of Revenue to examine and report
30    on the impact of the act.

31

                                  30