Current through 2024 Public Law 457
Section 7-16-77 - [Effective 1/1/2025] Confirmation of state fees and taxes(a) Notwithstanding any other provisions of the general laws, when any section of this chapter refers to state fees and/or taxes paid as required by § 7-16-67, the division of taxation is authorized to respond and share tax information with the secretary of state's office in response to a request from that office regarding an entity's tax status as compliant or noncompliant.(b) If the secretary of state's office receives notice from the division of taxation that the limited liability company has failed to pay any fees or taxes due to this state, the secretary of state shall issue notice and begin revocation proceedings in accordance with the provisions of § 7-16-41.(c) The notice of revocation may state as the basis for revocation that the taxpayer failed to pay state fees and/or taxes to the division of taxation as required by § 7-16-67. However, the secretary of state's office must otherwise protect all state and federal tax information in its custody as required by § 7-16-67.1 and refrain from disclosing any other specific tax information.(d) For filings remitted and recorded in accordance with any section of this chapter that refers to state fees and/or taxes paid as required by § 7-16-67, the secretary of state's office may request from the division of taxation a tax status check as outlined in subsection (a) of this section. If the secretary of state's office receives notice from the division of taxation that the limited liability company has failed to pay any fees or taxes due to this state, the secretary of state shall begin revocation proceedings in accordance with subsections (b) and (c) of this section.Added by 2024 Pub. Laws, ch. 148,§ 5, eff. 1/1/2025.Added by 2024 Pub. Laws, ch. 150,§ 5, eff. 1/1/2025.