STATEMENT TO

 

ASSEMBLY COMMITTEE SUBSTITUTE FOR

ASSEMBLY, No. 1420

 

with Assembly Floor Amendments

(Proposed By Assemblyman Kavanaugh)

 

ADOPTED: FEBRUARY 8, 1996

 

      These amendments clarify a limitation on the availability of the tax amnesty provided under the bill, disallowing the amnesty otherwise available for State tax liabilities for tax returns due on and after January 1, 1987 and prior to January 1, 1996 for a taxpayer who, at the time of the payment, is under criminal investigation or charge for any State tax matter.