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Committee moves bill to let successful claimants receive interest on payments under protest in non-tax cases
Summary
The committee recommended passage of HB 1174, which allows interest earned on payments under protest in the litigated claims fund to be paid to plaintiffs who prevail in non-tax cases and sets procedures for disposition of monies when suits are filed prematurely.
The Senate Committee on Judiciary recommended passage of HB 1174, which allows interest earned on payments under protest in the litigated claims fund to be paid in non-taxation cases if the claimant prevails, and establishes procedures for disposition of monies and refiling actions when a payment-under-protest suit is filed prematurely.
Tom Yamachika of the Tax Foundation provided written comments (not available in person by Zoom), and Frank Schultz testified in support. Committee members recorded no extensive debate in the transcript and recommended passage with amendments and an effective-upon-approval date.
The committee’s recommendation included technical amendment language; the transcript shows the measure advanced without recorded objections in the decision-making portion of the hearing.
No specific fiscal figures for interest amounts or affected case counts were provided in the hearing transcript.
