Relating to statutes of limitations for tax debt; prescribing an effective date.
The Act provides that tax debt is canceled after 10 years. (Flesch Readability Score: 80.3). Provides for the cancellation, after 10 years, of uncollected tax debt, penalties and interest. Takes effect on the 91st day following adjournment sine die.
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{# E23 (Nick, ruling section 1 answer 10): quoting a bill or a court opinion works
the way quoting a news article works. Select a passage above and the same panel
opens: the passage goes to the official you choose, with this document's own
address as its source and its own type. #}