Tax Amnesty Offer Running Short


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(Sacramento, CA)
Wednesday, March 30, 2005

This is the first time in 20 years that the state has offered amnesty to people who haven’t been paying their taxes.  The amnesty program means that people can pay up without having to pay the hefty fees that come with being delinquent.  To date, the state has received commitments from taxpayers to the tune of 170-million-dollars, but that’s well short of the program’s stated goal.  Judy Chu, a democratic assemblywoman from Monterey Park, wrote the legislation that created the program.

"We know that the bulk of the funds come in during the last few days so I am confident that we will reach our target of 600-million dollars."

The deadline to apply for amnesty is Friday, but the deadline to pay doesn’t come until June of 2006.  Regardless of how much money eventually comes in, state tax officials say it’s money the state wouldn’t have gotten otherwise.