Tax establishment on certain individuals and organizations convicted of and benefiting from fraud and certain data sharing and disclosure provisions

Summary

The bill imposes a new tax on money obtained through fraud and adds higher penalties for false returns. It also requires the Department of Revenue to share criminal investigative data with the Financial Crimes and Fraud Section and to disclose return information to the legislative auditor, state auditor and, if created, the inspector general. The changes aim to improve tax enforcement and oversight of fraud‑related activities.

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