Fiscal impact
reports (FIRs) are prepared by the Legislative Finance Committee (LFC) for
standing finance committees of the NM Legislature. The LFC does not assume
responsibility for the accuracy of these reports if they are used for other
purposes.
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Previously issued FIRs and attachments may also be obtained from the LFC
in
SPONSOR |
Sanchez, M. |
DATE TYPED |
|
HB |
|
||
SHORT
TITLE |
Create Tax Fraud Investigations Division |
SB |
496/aSJC |
||||
|
ANALYST |
Reynolds-Forte |
|||||
APPROPRIATION
Appropriation
Contained |
Estimated
Additional Impact |
Recurring or
Non-Rec |
Fund Affected |
||
FY04 |
FY05 |
FY04 |
FY05 |
||
|
|
|
$1,000.0 |
Recurring
|
General
Fund |
(Parenthesis
( ) Indicate Expenditure Decreases)
Conflicts
SB 111 and HB 258 and duplicates HJCS/HB360/aHTRC/aHFl#1
Relates
to Appropriation in the General Appropriation Act
LFC Files
SUMMARY
Synopsis
of SJC Amendment
The Senate Judiciary Committee Amendment does
the following: (This makes the bill a duplicate of HJCS/HB360/aHTRC/aHFl#1.)
3.
Adds a new set of penalties for willful failure
to collect and pay taxes. The penalty
amount and degree of the offense is a function of the amount of tax due, with a
second degree felony provided for tax due amounts over $20 thousand.
4.
Changes
the time limit for initiating prosecution of criminal violations of the revenue
laws of the state from the current three years to five years.
ADMINISTRATIVE IMPLICATIONS
The Taxation and Revenue Department believes the proposed statute would
provide an important enforcement tool to prosecute cases of criminal tax fraud
in the state. Successful prosecution
requires highly specialized knowledge, investigative techniques and
experience. The creation of the new
division will give the state more ability to successfully prosecute these types
of crimes.
Synopsis of Original
Bill
Senate Bill 496 expands the duties and powers of
the Taxation and Revenue Department to investigate possible criminal violations
of the revenue laws including fraud or other crimes that may affect the taxes
due the state, changes penalties for fraud and creates the Tax Fraud Division
in the Taxation and Revenue Department.
FISCAL IMPLICATIONS
Senate Bill 496 creates a new Tax Fraud Division
in the Taxation and Revenue Department but provides no funding for the unit. Currently the Taxation and Revenue Department
has non-recurring funding for FY04 to fund the Tax Fraud Unit; however, this
funding ends
ADMINISTRATIVE IMPLICATIONS
Senate Bill 496 creates the new Tax Fraud Unit
and gives the Department the authority and responsibility to employ tax fraud
enforcement officers who shall have completed basic law enforcement
training. The bill gives the Department
the responsibility to carry out these duties but does not provide funding. As noted in the fiscal implication section,
the House Appropriations and Finance Committee has adopted a recommendation to
provide funding; however, this recommendation is not law at this point in time.
CONFLICTS
Senate Bill 496 conflicts with Senate Bill 111
and HB 258 which amend some, but not all, of the same language as Senate Bill
496.
Senate 496 duplicates House Bill 360 in all
changes except House Bill 360 contains language that Senate Bill 496 does
not. Page 15, Section 2, Subsection EE
of HB 486 allows a department employee to provide a district attorney, a state
district court grand jury or federal grand jury information relating to action
in fraud or other crime which may affect taxes due to the state; SB 496 does
not contain this language.
TECHNICAL
ISSUES
The
Taxation and Revenue Department points out that Section 6(A) uses the term
“shall” employ police officers. Does
that mean non-police officers cannot be hired as tax fraud enforcement officers?
POSSIBLE QUESTIONS
Currently the
Department has no recurring funding for a Tax Fraud Unit. Would the Taxation and Revenue Department be
able to enforce this new law within current budget?
PRF/yr:lg:dm