Section 12-722 shall not apply with respect to the accrual of any interest, in the case of any underpayment of estimated tax by any individual, to the extent such underpayment was created by any provision of public act 15-244*.
(June Sp. Sess. P.A. 15-5, S. 435.)
*Note: Public act 15-244 is entitled “An Act Concerning the State Budget for the Biennium Ending June 30, 2017, and Making Appropriations Therefor, and Other Provisions Related to Revenue, Deficiency Appropriations and Tax Fairness and Economic Development”. (See Reference Table captioned “Public Acts of 2015” in Volume 16 which lists the sections amended, created or repealed by the act.)
History: June Sp. Sess. P.A. 15-5 effective June 30, 2015.