Income tax, state; late payment penalty.

Individual income tax; late paymentpenalty. Provides that the Department of Taxation shall not assessa late payment penalty to the entire tax or to any unpaid balanceof the income tax owed by an individual unless and until the taxpayerfails to file his return by the time fixed by law for filing a returnor by the time prescribed pursuant to a filing extension, as applicable. Under current law, the late payment penalty is assessed at the timea return is received by the Department if payment is not made infull when due.