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SB24-023

Hold Harmless for Error in GIS Database Data

Concerning the requirement that local taxing jurisdictions hold harmless vendors that rely on erroneous data in certain electronic systems related to sales and use tax that are managed by the department of revenue.
Session:
2024 Regular Session
Subject:
Fiscal Policy & Taxes
Bill Summary

Sales and Use Tax Simplification Task Force. The department of revenue owns and maintains a GIS database that is provided to vendors to determine the jurisdictions to which tax is owed and to calculate appropriate sales and use tax rates for individual addresses. The bill establishes that any vendor that properly uses and reasonably relies on the information in the GIS database to determine the tax rate and local taxing jurisdictions to which sales or use tax is owed is held harmless in an audit by a local taxing jurisdiction for an underpayment of tax, charge, or fee liability that results solely from an error or omission in the GIS database data. The bill requires the department of revenue to update the GIS database within 30 days of its receipt of updated or corrected information from a local taxing jurisdiction, provide a reasonably convenient method for a local taxing jurisdiction to report an error in the GIS database data, and ensure the data in the GIS database, including jurisdictional boundaries and tax rates, is at least 95% accurate.

(Note: Italicized words indicate new material added to the original summary; dashes through words indicate deletions from the original summary.)


(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

Status

Introduced
Passed

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Bill Text

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The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details