Exception To Deadlines Due To Refund-related Fraud

Current law requires the department of revenue to meet certain deadlines in sending out income tax refunds: 14 days for returns filed in January; 21 days for returns filed in February; 28 days for returns filed in March; and 45 days for returns filed in April. If these statutory deadlines are not met, a penalty and interest is added as specified in statute. Current law also identifies certain exceptions to these requirements. The bill specifies that if the department of revenue makes a determination, in good faith, that there is a suspicion of identity theft or other refund-related fraud, then the deadlines do not apply. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)