Income tax, state; late payment penalty.

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