Legislative Session number- 87

Bill Name: SF2135

Relating to taxation

ARTICLE 1 - ESTATE TAXES

Modifying certain provisions
relating to qualified small business property and qualified farm property;
clarifying certain recapture tax provisions

ARTICLE 2 - PROPERTY
TAXES

Modifying certain provisions relating to the taxes credited to the
state airports fund and certain sliding scale exclusion determinations,
expanding the definition of person; modifying certain provisions of the rural
preserve property tax program, class 2 and class 4 property and administrative
appeals concerning utility or railroad valuations

ARTICLE 3 - SALES AND USE
TAXES

Modifying provisions relating to the presumption of tax in order to
prevent tax evasion

ARTICLE 4 - SPECIAL TAXES

Modifying provisions
relating to the automobile theft prevention program and deed tax; modifying the
definition of wholesale sales price; modifying certain tax credits relating to
malt beverages; modifying provisions related to the nonadmitted insurance
premium tax and certain insurance premiums; establishing an automobile theft
prevention surcharge; modifying certain provisions relating to due dates for
filing tax returns; repealing certain provisions relating to the automobile
theft prevention program

ARTICLE 5 - MISCELLANEOUS

Modifying certain
notice of determination provisions and tax withholding by an employer of
delinquent taxes
(me)