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Panel backs temporary tax-amnesty window and codified voluntary disclosure program
Summary
House Bill 26 15 would codify a DOR voluntary disclosure agreement (VDA) for B&O tax and establish a temporary tax-amnesty window waiving penalties/interest for eligible liabilities reported before 07/01/2026. Supporters argued it encourages compliance and could generate substantial revenue; staff noted technical issues to work through with DOR.
Lawmakers heard support for a bill that would codify the Department of Revenue’s voluntary disclosure agreement for B&O tax and create a time-limited tax-amnesty program.
Staff told the committee HB 26 15 limits the codified VDA to the B&O tax beginning July 1, 2027, and sets qualifying conditions for taxpayers (full disclosure of taxable activity, no fraud…
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