H5769

	2017 -- H 5769
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	LC001191
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	STATE OF RHODE ISLAND
	IN GENERAL ASSEMBLY
	JANUARY SESSION, A.D. 2017
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	A N A C T
	RELATING TO TAXATION -- SALES AND USE TAXES--LIABILITY AND
	COMPUTATION

	Introduced By: Representatives Lancia, Roberts, Morgan, Solomon, and Filippi
	Date Introduced: March 01, 2017
	Referred To: House Finance
	It is enacted by the General Assembly as follows:
1	SECTION 1. Chapter 44-18 of the General Laws entitled "Sales and Use Taxes -
2	Liability and Computation" is hereby amended by adding thereto the following section:
3	44-18-41. Business community and personal income tax statute of limitations.
4	(a) There is hereby established a ten (10) year statute of limitations on the collection of
5	any business tax and/or personal income tax imposed by reason of or pursuant to authorization by
6	any law of the state of Rhode Island.
7	(b) The statute of limitations provided for herein shall commence at the time the tax is
8	deemed owed to the division of taxation.
9	SECTION 2. This act shall take effect upon passage.
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	LC001191
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	EXPLANATION
	BY THE LEGISLATIVE COUNCIL
	OF
	A N A C T
	RELATING TO TAXATION -- SALES AND USE TAXES--LIABILITY AND
	COMPUTATION
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1	This act would establish a ten (10) year statute of limitations on the collection of any
2	business tax and/or personal income tax owed to the division of taxation.
3	This act would take effect upon passage.
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	LC001191
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	LC001191 - Page 2 of 2