NSF for Taxes Penalty Modification

This bill changes the penalty for paying taxes with a check or electronic payment that has insufficient funds. Currently, the penalty is the greater of $25 or 10% of the payment, up to $1,000. If passed, the penalty would be $25 plus 1% of the payment for the first two offenses in five years, and $50 plus 2% of the payment for subsequent offenses, still capped at $1,000. The bill also includes funding for educational materials about the change.

No official summary on file for this bill · generated by Gemini 2.5 Flash from its full text