Bill Text | History of Actions | Background | Title |
Description: Refund anticipation loans; provide maximum fee that tax preparers may charge for making.
Bill Text: [Introduced]
| 1 | 01/04 (H) Referred To Banking and Financial Services | |
| 2 | 01/30 (H) Died In Committee |
| Effective date | July 1, 2007 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority |
House Committee:
Principal Author: Guice
Title: AN ACT TO PROHIBIT TAX PREPARERS FROM CHARGING OR ACCEPTING A FEE THAT EXCEEDS A CERTAIN PERCENTAGE OR AMOUNT FOR MAKING OR FACILITATING A REFUND ANTICIPATION LOAN TO A CLIENT; TO PROVIDE THAT IF A TAX PREPARER CHARGES OR ACCEPTS A FEE THAT EXCEEDS THE MAXIMUM AMOUNT ALLOWED, THE TAX PREPARER SHALL FORFEIT THE FULL AMOUNT OF THE FEE, AND THE CLIENT MAY RECOVER THE AMOUNT OF THE FEE BY LEGAL ACTION; TO AUTHORIZE THE STATE TAX COMMISSION TO IMPOSE ON A TAX PREPARER AN ADMINISTRATIVE PENALTY FOR EACH VIOLATION OF THIS ACT; TO REQUIRE THE COMMISSION TO REFER COMPLAINTS ABOUT TAX PREPARERS WHO ARE ALLEGED TO HAVE VIOLATED THE PROVISIONS OF THIS ACT TO THE STATE BOARD OF PUBLIC ACCOUNTANCY OR THE MISSISSIPPI BAR, IF THE TAX PREPARER IS UNDER THEIR JURISDICTION; AND FOR RELATED PURPOSES.
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2007/html/History/HB/HB0375.htm