Establishes 90-day State tax amnesty period ending no later than January 15, 2026; dedicates revenues collected during tax amnesty period for Stabilization Aid to school districts; appropriates up to $15 million.
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Progress
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- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Overview
This bill establishes a 90-day state tax amnesty period ending no later than January 15, 2026, allowing taxpayers with overdue State taxes to pay the outstanding amount plus interest, without late penalties. Revenues collected during this period will be dedicated to Stabilization Aid for school districts. The bill also appropriates up to $15 million to administer the program.
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