DE HB352 | 2015-2016 | 148th General Assembly
Status
Spectrum: Partisan Bill (Democrat 3-0)
Status: Engrossed on June 16 2016 - 50% progression, died in chamber
Action: 2016-06-29 - Reported Out of Committee (BANKING AND BUSINESS) in Senate with 4 On Its Merits
Text: Latest bill text (Draft #1) [HTML]
Status: Engrossed on June 16 2016 - 50% progression, died in chamber
Action: 2016-06-29 - Reported Out of Committee (BANKING AND BUSINESS) in Senate with 4 On Its Merits
Text: Latest bill text (Draft #1) [HTML]
Summary
This Act conforms Delaware’s deadlines for filing certain information returns to those established in the Internal Revenue Code. In an effort to combat identity theft and taxpayer fraud, federal filing dates were recently changed. For example, starting in 2017 the federal deadline for an employer to file aggregated W-2 data with the IRS will be January 31, which is the same date on which W-2s are distributed to individual taxpayers. Prior to this change, the IRS did not receive W-2 data until March 1 meaning that there has been a one-month window in which it could not readily confirm the authenticity of W-2s filed with taxpayers’ returns. Like other states and the IRS, Delaware has had to devote considerable resources to combating fraud and identity theft. By conforming to the new federal standard, Delaware will have data on hand that will help identify and isolate fraudulent filings. As the State’s employers will already be required to comply with the new federal deadlines, conforming Delaware’s filing dates will result in no additional administrative burden.
Title
An Act To Amend Title 30 Of The Delaware Code Related To Information Return Filing Deadlines.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2016-06-29 | Senate | Reported Out of Committee (BANKING AND BUSINESS) in Senate with 4 On Its Merits |
2016-06-16 | Senate | Assigned to Banking and Business Committee in Senate |
2016-06-16 | House | Passed by House of Representatives. Votes: Passed 39 YES 0 NO 0 NOT VOTING 2 ABSENT 0 VACANT |
2016-05-11 | House | Reported Out of Committee (REVENUE & FINANCE) in House with 8 On Its Merits |
2016-05-03 | House | Introduced and Assigned to Revenue & Finance Committee in House |