Agenda

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County Attorney's Report 12. 2.

BCC Regular Meeting

Discussion

Meeting Date:	05/07/2020
Issue: TDT Late Penalty and Interest Amnesty Resolution
From:	ALISON ROGERS
Department:	County Attorney's Office
CAO Approval:

RECOMMENDATION:

Recommendation Concerning TDT Late Penalty and Interest Amnesty Resolution.

That the Board approve the attached resolution granting amnesty from payment of late penalty and interest associated with delinquent Tourist Development Tax returns due on April 20, 2020 (for March 2020 tax collections). This amnesty period shall run from April 20, 2020 until April 30, 2020.

BACKGROUND:

Ordinance 2005-01, allows for the Board of County Commissioners to declare by resolution a general financial amnesty on late penalties and interest charges for dealers and other persons responsible for remitting tax payments to the County under this article. The impact of COVID-19 may prevent transient rental businesses from being able to timely file tourist development tax returns. While not eliminating the requirement to collect and remit tourist tax, the attached resolution will provide relief to businesses not able to comply with filing requirements timely due to the Pandemic.

BUDGETARY IMPACT:

The potential revenue to be lost from late penalty and interest will be minimal.

LEGAL CONSIDERATIONS/SIGN-OFF:

The Resolution was reviewed by the County Attorney's Office.

PERSONNEL:

N/A

POLICY/REQUIREMENT FOR BOARD ACTION:

N/A

IMPLEMENTATION/COORDINATION:

N/A

Attachments
Resolution