Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Committee lowers electronic filing threshold for employer withholding reports to 75 employees
Summary
Senate Bill 503, introduced by Senator Steve Kroll and explained by DFA staff, would require more employers to file annual withholding statements and W-2s electronically by lowering the employer-employee threshold; committee approved the measure by voice vote and DFA said the change would shift about 262 filers from paper to electronic reporting.
The Revenue & Tax Committee approved Senate Bill 503, which lowers the threshold requiring employers to file annual income-tax withholding statements electronically. Senator Steve Kroll presented the bill and Paul Gehring of the Department of Finance and Administration explained the substance.
"Current law requires…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
