HB5268 — Relating to the maximum amount of penalties that may be imposed for delinquent taxes and tax reports and the application of taxpayer payments to taxes, penalties, and interest.

HB5268 — Relating to the maximum amount of penalties that may be imposed for delinquent taxes and tax reports and the application of taxpayer payments to taxes, penalties, and interest. · Informed CitizenryThe bill amends the Tax Code regarding how tax payments are applied and sets a maximum penalty amount for delinquent taxes and reports. Under Section 1, it mandates that the comptroller must apply…Open in Informed Citizenry