Section 9709 - [Effective 1/27/2025] Report to general assembly.No later than June 1 of the second year after the effective date of this section, and each year thereafter, the State Treasurer shall submit a report to the General Assembly summarizing the effectiveness of the settlement conference process implemented under section 2704.1. A copy of the report shall be delivered to the chairman and minority chairman of the Finance Committee of the Senate and the chairman and minority chairman of the Finance Committee of the House of Representatives. The report shall, at a minimum, include:
(1) The number of appeals of tax liability resolved through the settlement conference process.(2) The number of appeals of tax liability that were not resolved through the settlement conference process.(3) Of the taxpayers whose appeals were resolved through the settlement conference process, how many were individual taxpayers and how many were pass-through entities.(4) The average amount of tax liability contested in cases that were resolved through the settlement conference process.(5) The average number of days it took for appeals of tax liability to be resolved through the settlement conference process.(6) Recommendations to improve the effectiveness of the settlement conference process, which may be implemented through administrative procedure, guidelines, rules, regulations or legislation.(7) Any other information deemed necessary by the state treasurer.Added by P.L. (number not assigned at time of publication) 2024 No. 123,§ 3, eff. 1/27/2025.