Chapter 039

2013 -- S 0596

Enacted 05/24/13

A N A C T

RELATING TO TAXATION -- BUSINESS CORPORATION TAX

Introduced By: Senators Lombardi, Felag, Walaska, Jabour, and Archambault

Date Introduced: March 06, 2013

It is enacted by the General Assembly as follows:

SECTION 1. Section 44-11-21 of the General Laws in Chapter 44-11 entitled "Business

Corporation Tax" is hereby amended to read as follows:

44-11-21. Information confidential -- Types of disclosure authorized- Penalties for

unauthorized disclosure. -- (a) It is unlawful for any state official or employee to divulge or to

make known to any person in any manner not provided by law the amount or source of income,

profits, losses, expenditures, or any particular set forth or disclosed in any return, or to permit any

return or copy or any book containing any abstract or particulars to be seen or examined by any

person except as provided by law. It is unlawful for any person to print or publish in any manner

not provided by law any return or any part or source of income, profits, losses, or expenditures

appearing in any return.

      (b) Any offense against this provision is punishable by a fine not exceeding one

thousand dollars ($1,000) or by imprisonment not exceeding one year, or both, at the discretion of

the court. If the offender is an officer or employee of the state of Rhode Island, he or she may be

dismissed from office or discharged from employment; provided, that the tax administrator may

authorize examination of the return by the tax officials regularly in the employ of another state or

of the federal government if a reciprocal arrangement exists.

(c) In addition, the tax administrator may disclose to the secretary of state the name, state

of incorporation, address and other contact information for any corporation that files a tax return

with this state; provided, however, that such disclosure shall not include any other information,

including any financial information of the corporation. The secretary of state and all employees

thereof shall be subject to the confidentiality provision of subsection (a) and the penalty

provisions of subsection (b) hereof and shall be prohibited from printing, publishing, divulging

and/or disseminating any information received from the tax administrator in any manner not

otherwise authorized by law.

SECTION 2. This act shall take effect upon passage.

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LC01176

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