WeVote
Log In

Bill

Bill

LD 778

An Act To Establish A State Tax Amnesty Program To Increase Revenue Collections

132nd Legislature (2025-2026) Introduced by Joe Baldacci and 2 co-sponsors

LD 778 - An Act To Establish A State Tax Amnesty Program To Increase Revenue Collections OverviewBill Number: LD 778 Title: An Act To Establish A State Tax Amnesty Program To Incr

Pursuant to Joint Rule 310.3 Placed in Legislative Files (DEAD)
#amnesty #programestablished #revenueservicesbureau
0
WeVote Research Nonpartisan
Bill Summary · LD 778

LD 778 - An Act To Establish A State Tax Amnesty Program To Increase Revenue Collections

Overview

Bill Number: LD 778
Title: An Act To Establish A State Tax Amnesty Program To Increase Revenue Collections
Status: Pursuant to Joint Rule 310.3 Placed in Legislative Files (DEAD)
Introduced: March 04, 2025

Purpose and Intent

The primary goal of LD 778 is to establish a state tax amnesty program to help the Revenue Services Bureau increase tax revenue collections. The bill is intended to provide an opportunity for delinquent taxpayers to come forward and pay outstanding taxes without facing the full penalties and interest they would normally incur. By incentivizing voluntary compliance, the state hopes to generate additional revenue that can be used to fund important public services and programs.

Key Provisions

  • Establishes a 3-month tax amnesty program to be administered by the Revenue Services Bureau
  • Allows eligible taxpayers to pay back taxes owed, with the state waiving up to 100% of penalties and 50% of interest
  • Requires the Revenue Services Bureau to widely publicize the amnesty program to encourage participation
  • Mandates that all revenue collected through the amnesty program be deposited into the state's General Fund
  • Prohibits the state from pursuing criminal charges against taxpayers who participate in good faith

Affected Parties and Impacts

The primary beneficiaries of this bill would be delinquent individual and business taxpayers who owe back taxes to the state. By participating in the amnesty program, they could significantly reduce their tax liabilities and avoid more severe penalties.

The state government, and specifically the Revenue Services Bureau, would also benefit by collecting additional revenue that would have otherwise gone uncollected. This could provide a short-term boost to the state's fiscal position and allow for increased funding of public priorities.

Procedural and Timeline Considerations

LD 778 was introduced in the state legislature on March 4, 2025, but has since been placed in the legislative files, indicating that it is considered "dead" and will not be moving forward. The bill did not receive enough support to advance through the legislative process. As a result, the proposed tax amnesty program will not be implemented.

Compiled from official sources — confirm details with the bill’s official record.

Sign in to ask a question.