Florida Senate - 2007                        SENATOR AMENDMENT
    Bill No. CS for SB 2482
                        Barcode 770262
                            CHAMBER ACTION
              Senate                               House
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       04/27/2007 05:33 PM         .                    
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11  Senator Haridopolos moved the following amendment:
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13         Senate Amendment 
14         On page 69, line 26, through
15            page 70, line 8, delete those lines
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17  and insert:  be prescribed by the department. In the case of
18  any failure to comply with the electronic-filing requirements
19  of this subsection, a penalty shall be added to the amount of
20  tax due with such return equal to 5 percent of the amount of
21  such tax for the first 30 days the return is not filed
22  electronically, with an additional 5 percent of such tax for
23  each additional month or fraction thereof, not to exceed $250
24  in the aggregate. The department may settle or compromise the
25  penalty pursuant to s. 213.21. This penalty is in addition to
26  any other penalty that may be applicable and shall be
27  assessed, collected, and paid in the same manner as taxes.
28         (3)  In addition to its authority under s. 213.755, the
29  department may adopt rules requiring or allowing taxpayers to
30  use an electronic-filing system to file returns required by
31  subsection (2), including any electronic systems developed by
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    1:47 PM   04/26/07                             s2482c1b-26-r8y


    Florida Senate - 2007                        SENATOR AMENDMENT
    Bill No. CS for SB 2482
                        Barcode 770262
 1  the Internal Revenue Service. Rulemaking authority requiring
 2  electronic filing is limited to the federal corporate income
 3  tax filing threshold for electronic filing as it exists on
 4  January 1, 2007.
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    1:47 PM   04/26/07                             s2482c1b-26-r8y