2006 Regular Session
To: Ways and Means
By: Representative Carlton (By Request)
AN ACT TO ESTABLISH A REWARD TO REWARD CITIZENS WHO REPORT PERSONS LIABLE FOR UNPAID TAXES; TO AUTHORIZE THE STATE TAX COMMISSION TO PROMULGATE RULES AND REGULATIONS TO CARRY OUT THE PURPOSES OF THIS ACT; AND FOR RELATED PURPOSES.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:
SECTION 1. (1) The State Tax Commission shall establish a reward program to reward citizens who report persons liable for unpaid taxes. The State Tax Commission shall investigate reports of unpaid taxes and if such investigation results in the recovery of unpaid taxes, the citizen who made the report shall receive an award as provided in this subsection. Except as otherwise provided in this subsection, the amount of the award payment made to any person who provides information to the commission which results in the collection of unpaid or future Mississippi taxes of any kind shall not exceed twenty-five percent (25%) of any tax, penalties or interest collected as a result of the information. Any employee or former employee of the State Tax Commission or of any other state or federal agency who comes into possession of information relating to a violation of a revenue law while an employee of the commission or agency may provide information to the commission, but the employee may not be compensated for the information.
(2) The State Tax Commission shall promulgate any necessary rules and regulations to establish administrative procedures, hearings and any other purposes necessary to carry out the provisions of this act.
SECTION 2. This act shall take effect and be in force from and after July 1, 2006.