HB901:

Income tax, state; late payment penalty.

Bill Summary:

Individual income tax; late payment penalty.
Provides that the Department of Taxation shall not assess a late payment
penalty to the entire tax or to any unpaid balance of the income
tax owed by an individual unless and until the taxpayer fails to
file his return by the time fixed by law for filing a return or by
the time prescribed pursuant to a filing extension, as applicable.
Under current law, the late payment penalty is assessed at the time
a return is received by the Department if payment is not made in
full when due.