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2013 -- S 0596 | |
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LC01176 | |
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STATE OF RHODE ISLAND | |
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IN GENERAL ASSEMBLY | |
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JANUARY SESSION, A.D. 2013 | |
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A N A C T | |
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RELATING TO TAXATION -- BUSINESS CORPORATION TAX | |
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Introduced By: Senators Lombardi, Felag, Walaska, Jabour, and Archambault | |
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Date Introduced: March 06, 2013 | |
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Referred To: Senate Corporations | |
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It is enacted by the General Assembly as follows: | |
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SECTION 1. Section 44-11-21 of the General Laws in Chapter 44-11 entitled "Business |
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Corporation Tax" is hereby amended to read as follows: |
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44-11-21. Information confidential -- Types of disclosure authorized- Penalties for |
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unauthorized disclosure. -- (a) It is unlawful for any state official or employee to divulge or to |
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make known to any person in any manner not provided by law the amount or source of income, |
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profits, losses, expenditures, or any particular set forth or disclosed in any return, or to permit any |
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return or copy or any book containing any abstract or particulars to be seen or examined by any |
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person except as provided by law. It is unlawful for any person to print or publish in any manner |
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not provided by law any return or any part or source of income, profits, losses, or expenditures |
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appearing in any return. |
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(b) Any offense against this provision is punishable by a fine not exceeding one |
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thousand dollars ($1,000) or by imprisonment not exceeding one year, or both, at the discretion of |
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the court. If the offender is an officer or employee of the state of Rhode Island, he or she may be |
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dismissed from office or discharged from employment; provided, that the tax administrator may |
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authorize examination of the return by the tax officials regularly in the employ of another state or |
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of the federal government if a reciprocal arrangement exists. |
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(c) In addition, the tax administrator may disclose to the secretary of state the name, state |
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of incorporation, address and other contact information for any corporation that files a tax return |
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with this state; provided, however, that such disclosure shall not include any other information, |
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including any financial information of the corporation. The secretary of state and all employees |
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thereof shall be subject to the confidentiality provision of subsection (a) and the penalty |
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provisions of subsection (b) hereof and shall be prohibited from printing, publishing, divulging |
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and/or disseminating any information received from the tax administrator in any manner not |
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otherwise authorized by law. |
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SECTION 2. This act shall take effect upon passage. |
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LC01176 | |
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EXPLANATION | |
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BY THE LEGISLATIVE COUNCIL | |
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OF | |
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A N A C T | |
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RELATING TO TAXATION -- BUSINESS CORPORATION TAX | |
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This act would add a provision to the law on confidential information for business |
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corporations by limiting the information the tax administrator may disclose to the secretary of |
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state and the information the secretary of state's office (and its employees) may thereafter |
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disclose. |
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This act would take effect upon passage. |
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LC01176 | |
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