Modifies provisions relating to erroneous tax deficiencies

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Modifies provisions relating to erroneous tax deficiencies

The following summaries of this bill are available: Print All Summaries Introduced Print SB 1377 - This act provides that a taxpayer that has paid a deficiency and any interest, additions to tax, or penalties attributable to such deficiency that is subsequently found to be erroneous, regardless of whether such taxpayer has timely filed a protest with the Director of Revenue, shall be entitled to a refund in the amount of the deficiency and any interest, additions to tax, or penalties attributable to such deficiency that were paid by the taxpayer.

What This Bill Does

• The following summaries of this bill are available: Print All Summaries Introduced Print SB 1377 - This act provides that a taxpayer that has paid a deficiency and any interest, additions to tax, or penalties attributable to such deficiency that is subsequently found to be erroneous, regardless of whether such taxpayer has timely filed a protest with the Director of Revenue, shall be entitled to a refund in the amount of the deficiency and any interest, additions to tax, or penalties attributable to such deficiency that were paid by the taxpayer.
• Such refund shall be paid as provided in current law.
• This act is identical to a provision in CCS/HCS/SB 994 (2026).
• JOSH NORBERG

Limits and Unknowns

• This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Official Summary Text

The following summaries of this bill are available:

Print All Summaries

Introduced

Print

SB 1377 - This act provides that a taxpayer that has paid a deficiency and any interest, additions to tax, or penalties attributable to such deficiency that is subsequently found to be erroneous, regardless of whether such taxpayer has timely filed a protest with the Director of Revenue, shall be entitled to a refund in the amount of the deficiency and any interest, additions to tax, or penalties attributable to such deficiency that were paid by the taxpayer. Such refund shall be paid as provided in current law.

This act is identical to a provision in CCS/HCS/SB 994 (2026).
JOSH NORBERG

Current Bill Text

SECOND REGULAR SESSION
SENATE BILL NO. 1377
103RD GENERAL ASSEMBLY
INTRODUCED BY SENATOR TRENT.
5722S.01I KRISTINA MARTIN, Secretary
AN ACT
To repeal section 143.621, RSMo, and to enact in lieu thereof one new section relating to erroneous
tax deficiencies.

Be it enacted by the General Assembly of the State of Missouri, as follows:
Section A. Section 143.621, RSMo, is repealed and one new 1
section enacted in lieu thereof, to be known as section 143.621, 2
to read as follows:3
143.621. 1. Sixty days after the date on which it was 1
mailed (one hundred fifty days if the taxpayer is outside 2
the United States), a notice of deficiency shall constitute 3
a final assessment of the amount of tax specified together 4
with interest, additions to tax, and penalties except only 5
for such amounts as to which the taxpayer has filed a 6
protest with the director of revenue. 7
2. Notwithstanding the provisions of subsection 1 of 8
this section to the contrary, a taxpayer that has paid a 9
deficiency and any interest, additions to tax, or penalties 10
attributable to such deficiency that is subsequently found 11
to be erroneous, regardless of whether such taxpayer has 12
timely filed a protest with the director of revenue, shall 13
be entitled to a refund in the amount of the deficiency and 14
any interest, additions to tax, or penalties attributable to 15
such deficiency that were paid by the taxpayer. Such refund 16
shall be paid as provided in sections 143.781 to 143.841. 17
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