CS/HB 507 (2023) -  Federal Taxation

General Bill by Ways & Means Committee and Overdorf (CO-SPONSORS) Bankson; Basabe; Black; Jacques; Killebrew; Maggard
Federal Taxation: Authorizes CFO to reimburse owner of small business attorney fees & costs from IRS Civil Liability Trust Fund; provides for action in court for award of attorney fees & costs, actual damages, & punitive damages when IRS is found to have committed violations; provides third party settlement organizations are required to submit information to DOR only for participating payees in this state; requires OFR to submit annual report to FSC & Legislature.
Effective Date: July 1, 2023
Last Event: Died in Judiciary Committee on Friday, May 5, 2023 11:00 AM

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: HB 509 Subject: Trust Funds/Internal Revenue Service Civil Liability Trust Fund/DFS Relationship: Linked
Bill #: SB 372 Subject: Federal Taxation Relationship: Similar
Bill #: SB 374 Subject: Internal Revenue Service Civil Liability Trust Fund Relationship: Compare

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Ways & Means Committee 3/30/2023 5:50:17 PM
Chamber: House Committee: Ways & Means Committee 3/29/2023 11:13:26 AM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Died in Judiciary Committee Time: 05/05/2023 - 11:00 AM Member: Committee: Judiciary Committee Version: c1
Event: H 1st Reading Time: 03/31/2023 - 5:32 PM Member: Committee: Version: c1
Event: H Now in Judiciary Committee Time: 03/31/2023 - 2:34 PM Member: Committee: Judiciary Committee Version: c1
Event: H Referred to Appropriations Committee Time: 03/31/2023 - 2:34 PM Member: Committee: Appropriations Committee Version: c1
Event: H Referred to Judiciary Committee Time: 03/31/2023 - 2:34 PM Member: Committee: Judiciary Committee Version: c1
Event: H CS Filed Time: 03/30/2023 - 5:58 PM Member: Committee: Version: c1
Event: H Laid on Table under Rule 7.18(a) Time: 03/30/2023 - 5:58 PM Member: Committee: Version: __
Event: H Reported out of Ways & Means Committee Time: 03/30/2023 - 5:50 PM Member: Committee: Ways & Means Committee Version: __
Event: H Favorable with CS by Ways & Means Committee Time: 03/30/2023 - 1:08 PM Member: Committee: Ways & Means Committee Version: __
Event: H Added to Ways & Means Committee agenda Time: 03/28/2023 - 3:31 PM Member: Committee: Ways & Means Committee Version: __
Event: H 1st Reading Time: 03/07/2023 - 10:01 PM Member: Committee: Version: __
Event: H Now in Ways & Means Committee Time: 02/01/2023 - 11:39 AM Member: Committee: Ways & Means Committee Version: __
Event: H Referred to Appropriations Committee Time: 02/01/2023 - 11:39 AM Member: Committee: Appropriations Committee Version: __
Event: H Referred to Judiciary Committee Time: 02/01/2023 - 11:39 AM Member: Committee: Judiciary Committee Version: __
Event: H Referred to Ways & Means Committee Time: 02/01/2023 - 11:39 AM Member: Committee: Ways & Means Committee Version: __
Event: H Filed Time: 01/24/2023 - 12:20 PM Member: Overdorf Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
17.45 SB 372
72.042 SB 372
212.134 SB 372
655.045 SB 372