Bill Amendment: IL SB2921 | 2015-2016 | 99th General Assembly

NOTE: For additional amemendments please see the Bill Drafting List

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Bill Title: UPIA-FAILURE TO FILE

Status: 2016-12-20 - Public Act . . . . . . . . . 99-0915 [SB2921 Detail]

Download: Illinois-2015-SB2921-Senate_Amendment_002.html

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Sen. Toi W. Hutchinson

Filed: 4/13/2016

09900SB2921sam002 LRB099 18716 HLH 47241 a
AMENDMENT TO SENATE BILL 2921
AMENDMENT NO. ______. Amend Senate Bill 2921, AS AMENDED,
with reference to page and line numbers of Senate Amendment No.
1, by replacing everything from line 26 on page 10 through line
23 on page 11 with the following:
"liability resulting from the audit or investigation. The
changes made by this amendatory Act of the 99th General
Assembly do not apply for the purposes of determining the
amount of penalty assessed under this subsection prior to the
effective date of this amendatory Act of the 99th General
Assembly. the entire amount due is paid not later than 30 days
after the Department has provided the taxpayer with an amended
return (following completion of an occupation, use, or excise
tax audit) or a form for waiver of restrictions on assessment
(following completion of an income tax audit); provided further
that the reduction to 15% shall be rescinded if the taxpayer
makes any claim for refund or credit of the tax, penalties, or
interest determined to be due upon audit, except in the case of

09900SB2921sam002 - 2 - LRB099 18716 HLH 47241 a
a claim filed pursuant to subsection (b) of Section 506 of the
Illinois Income Tax Act or to claim a carryover of a loss or
credit, the availability of which was not determined in the
audit. For purposes of this paragraph (2), any overpayment
reported on an original return that has been allowed as a
refund or credit to the taxpayer shall be deemed to have not
been paid on or before the due date for payment and any amount
paid under protest pursuant to the provisions of the State
Officers and Employees Money Disposition Act shall be deemed to
have been paid after the Department has initiated an audit.
and".