SB7-SSA1,2,25
71.83
(1) (ce)
Health savings accounts. Any person who is liable for a penalty
6for federal income tax purposes under section
223 (f) (4) of the Internal Revenue Code
7is liable for a penalty equal to 33 percent of that penalty. The department of revenue
1shall assess, levy, and collect the penalty under this paragraph as it assesses, levies,
2and collects taxes under this chapter.
SB7-SSA1,2,76
subchapter xvi
7
Internal revenue code update
SB7-SSA1,2,9
871.98 Internal Revenue Code update. The following federal laws, to the
9extent that they apply to the Internal Revenue Code, apply to this chapter:
SB7-SSA1,2,1613
(1) This act first applies to taxable years beginning on January 1 of the year
14in which this subsection takes effect, except that if this subsection takes effect after
15July 31 this act first applies to taxable years beginning on January 1 of the year
16following the year in which this subsection takes effect.