AB1089
DOR Refunds and Late Payments
Date of Vote: September 8, 2024
Chamber of Origin: HouseAB1089 adjusts the interest rates applied to certain taxes and fees which are managed by the Department of Revenue. In current law late payments may incur a 12% annual interest rate. A refund for an overpayment to the DOR receives a 3% interest rate. This bill provides provisions for the interest rate on late payments to decrease to 6% and for overpayment refunds to Increase to 6%.1
Turning Point Action’s Position
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Voted YEA
62VOTED NAY
35Voted yea
Voted nay
Not voting
Present
Abstaining
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