HB 2875
Initials VP/MG Page 1 Ways & Means
ARIZONA HOUSE OF REPRESENTATIVES
Fifty-sixth Legislature
Second Regular Session
HB 2875: tax payments; electronic funds transfer
Sponsor: Representative Carbone, LD 25
Committee on Ways & Means
Overview
Deems a taxpayer's electronic payment as submitted when the taxpayer initiates payment
with certification from the taxpayer's financial institution.
History
A taxpayer remitting a tax payment through an electronic funds transfer shall initiate the
transfer so that the payment is deposited to the Department account on or before the payment
due date (Ariz. Admin. Code § R15-10-307).
Provisions
1. States that a taxpayer's electronic payment is deemed submitted when the taxpayer
initiates payment with certification from the taxpayer's financial institution. (Sec. 1)
2. Allows the DOR, through December 31, 2024, to abate any late payment penalties to a
taxpayer who provides reasonable evidence from the taxpayer's financial institution or
the DOR of the successful and timely authorization of the taxpayer's electronic funds
transfer under the amended changes. (Sec. 2)
☐ Prop 105 (45 votes) ☐ Prop 108 (40 votes) ☐ Emergency (40 votes) ☐ Fiscal Note