AB 557
Revises provisions relating to the Department of Taxation. (BDR 32-1131)
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Bill overview
This bill aims to improve the Department of Taxation’s ability to collect outstanding state debts. It requires the Department to establish a system for matching data with financial institutions and allows the Department to request and receive certain financial records of debtors from those institutions. The bill also revises confidentiality rules regarding the Department’s records and files, and authorizes the Department to disclose specific information to financial institutions to facilitate debt collection.
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Primary sponsor
Assembly Committee on Ways and Means
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