HB16-1232 - Sunset DOR Private Letter Ruling & Gen Info Letter

Passed/Signed into Law
Concerning Continuation Of The Authority Of The Executive Director Of The Department Of Revenue To Issue Written Responses Upon The Request Of A Taxpayer.

Sunset Process - House Business Affairs and Labor Committee. Currently, the executive director of department of revenue (department), or the executive director's designee, is charged with issuing the following upon written request from a taxpayer:

  • Private letter rulings (binding determinations regarding the tax consequences of a proposed or completed transaction); and
  • Information letters (nonbinding statements providing general information regarding any tax administered by the department).

This duty is currently scheduled to sunset on September 1, 2016. The bill continues the requirement of the department to issue these letters until September 1, 2023.

The bill also specifies that the department must track the total state full-time equivalent (FTE) personnel positions necessary and the hours dedicated by each FTE for the issuance, declination, modification, or revocation of all information letters or private letter rulings.

Senate Committees

Latest update: June 10, 2016
06/10/2016 Governor Signed
05/04/2016 Sent to the Governor
05/03/2016 Signed by the President of the Senate
05/02/2016 Signed by the Speaker of the House
04/26/2016 Senate Third Reading Passed - No Amendments
04/25/2016 Senate Second Reading Special Order - Passed - No Amendments
04/22/2016 Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole
03/24/2016 Senate Committee on Finance Refer Unamended to Appropriations
03/04/2016 Introduced In Senate - Assigned to Finance
03/01/2016 House Third Reading Passed - No Amendments
02/29/2016 House Second Reading Passed - No Amendments
02/25/2016 House Committee on Business Affairs and Labor Refer Unamended to House Committee of the Whole
02/05/2016 Introduced In House - Assigned to Business Affairs and Labor