Representative Rodrigues of Westport moves that the bill be amended by striking out sections 11 and 27 inserting in place thereof the following sections:
SECTION 11. Chapter 62B
of the General Laws is hereby amended by inserting after section 13 the following
section:
Section 13A. The commissioner
may require a nonresident taxpayer, or a person paying, crediting or allocating
an amount to a nonresident taxpayer, to estimate and pay, on or before the time
of sale, the income tax liability on the gain from the sale or transfer of real
property in the commonwealth The commissioner may require a minimum estimated
tax payment and may require payment on or before the date of receipt of income.
The commissioner shall issue regulations governing the administration of this
section; provided, however, that said regulations shall, without limitation,
define the terms real property and nonresident taxpayer. Upon sale, transfer or
disposition of real property, a lien in the amount of any required estimated
payment shall arise with regard to the property, to the extent provided by
regulation, if such a required estimated tax payment is not timely made.
SECTION 27. Chapter 63B of the General laws is hereby amended by inserting
after section 2 the following section:
Section 2A. The commissioner
may require a nonresident taxpayer, or a person paying, crediting or allocating
an amount to a nonresident taxpayer, to estimate and pay, on or before the time
of sale, the income tax liability on the gain from the sale or transfer of real
property in the commonwealth. The commissioner may require a minimum estimated
tax payment and may require payment on or before the date of receipt of income.
The commissioner shall issue regulations governing the administration of this
section; provided, however, that said regulations shall, without limitation,
define real property and nonresident taxpayer. Upon sale, transfer or
disposition of real property, a lien in the amount of any required estimated
payment shall arise with regard to the property, to the extent provided by
regulation, if such a required estimated tax payment is not timely made.
deleting sections 11, section 18, and section 27
from the bill.