HB 2875
Initials VP/MG Page 1 House Engrossed
ARIZONA HOUSE OF REPRESENTATIVES
Fifty-sixth Legislature
Second Regular Session
House: WM DP 10-0-0-0
HB 2875: tax payments; electronic funds transfer
Sponsor: Representative Carbone, LD 25
House Engrossed
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 of Revenue's (DOR) 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 confirmation from either:
a) the DOR;
b) the taxpayer's financial institution; or
c) a vender certified by the DOR. (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)
3. Exempts the DOR from rulemaking requirements for one year after the effective date of
this legislation. (Sec. 3)
☐ Prop 105 (45 votes) ☐ Prop 108 (40 votes) ☐ Emergency (40 votes) ☐ Fiscal Note