Bill Summaries: all (2011-2012 Session)

Tracking:
  • Bill H 182 (2011-2012)
    Summary date: Feb 24 2011 - View summary

           Identical to S 97, filed 2/21/11.

    Amends GS 105-241.7 to require the Department of Revenue (Department) to refund an overpayment by a taxpayer if the Department discovers the overpayment before the statute of limitations for obtaining a refund expires. Specifies that discovery occurs under any of the following circumstances: (1) the automated processing of a tax return indicates that the return requires additional review, (2) a review of the return by a Department employee indicates an overpayment by the taxpayer, and (3) an audit of the return by a Department employee indicates an overpayment by the taxpayer. Includes General Assembly findings concerning the application of the statute of limitations.
    Department of Revenue, Tax
    GS 105

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