Connecticut Senate Bill SB00268

Connecticut 2011 Regular Session

• Introduced: 1/20/11
• Refer: 1/20/11

Caption

An Act Concerning Offers Of Compromise By The Department Of Revenue Services.

Impact

This bill seeks to enhance the effectiveness of tax collection by enabling the Department of Revenue Services to establish clearer, more consistent criteria. By defining the requirements for offers of compromise, the bill can facilitate more fair negotiations between the state and individuals or businesses facing tax liabilities. As a result, taxpayers may find it easier to settle their debts with the state, potentially leading to improved revenue collection for state coffers.

Summary

SB00268, introduced by Senator Musto, aims to amend chapter 201 of the general statutes to clarify the regulations surrounding offers of compromise by the Department of Revenue Services. This change is intended to provide clearer guidelines for taxpayers and the department when renegotiating tax obligations. It attempts to streamline the process and reduce confusion regarding what constitutes an acceptable offer of compromise.

Contention

While the bill aims to clarify existing processes, it may face scrutiny regarding the extent of its regulations. Stakeholders could raise concerns about how these changes might impact taxpayers who are already struggling with financial obligations. The balance between providing relief through clearer protocols and ensuring robust revenue for the state will likely be a point of discussion among various interest groups.