HB 2269.E - DIGEST

(DIGEST AS ENACTED)

Proposes measures to increase revenues.

Requires payment of most excise taxes by the 20th of the month instead of the 25th.

Increases penalties for underpayments of state excise taxes.

Requires promoters of special events such as auto shows, garden shows, and flea markets to verify that vendors at the event are registered with the Department of Revenue.

Modifies the definition of "successor" for purposes of liability for unpaid excise taxes after a business or its assets are sold.

Reduces the holding period for certain types of unclaimed property under the Uniform Unclaimed Property Act from five to three years.