The Fair Tax Act of 2005, Part XVII

January 2, 2007  ·  Filed under: Education

Some final details on the FCA:

`(h) Effective Date of Annual Registrations- Annual registrations shall take effect for the month beginning 90 days after the family registration date.

`(i) Effective Date of Revised Registrations- A revised registration made pursuant to section 305 shall take effect for the first month beginning 60 days after the revised registration was filed. The existing registration shall remain in effect until the effective date of the revised registration.

`(j) Determination of Registration Filing Date- An annual or revised registration shall be deemed filed when–

`(1) deposited in the United States mail, postage prepaid, to the address of the sales tax administering authority;

`(2) delivered and accepted at the offices of the sales tax administering authority; or

`(3) provided to a designated commercial private courier service for delivery within 2 days to the sales tax administering authority at the address of the sales tax administering authority.

`(k) Proposed Registration to Be Provided- 30 or more days before the family registration date, the sales tax administering authority shall mail to the address shown on the most recent rebate registration or change of address notice filed pursuant to section 305(d) a proposed registration that may be simply signed by the appropriate family members if family circumstances have not changed.

`(l) Incarcerated Individuals- An individual shall not be eligible under this chapter to be included as a member of any qualified family if that individual–

`(1) is incarcerated in a local, State, or Federal jail, prison, mental hospital, or other institution on the family determination date, and

`(2) is scheduled to be incarcerated for 6 months or more in the 12-month period following the effective date of the annual registration or the revised registration of said qualified family.

`(m) Family Determination Date- The family determination date is a date assigned to each family by the Secretary for purposes of determining qualified family size and other information necessary for the administration of this chapter. The Secretary shall promulgate regulations regarding the issuance of family determination dates. In the absence of any regulations, the family determination date for all families shall be October 1. The Secretary may assign family determination dates for administrative convenience. Permissible means of assigning family determination dates include a method based on the birthdates of family members.

`(n) Cross Reference- For penalty for filing false rebate claim, see section 505(i).

Most of this is simple rules regarding how you can send in your forms and how long you have to do so, timing, etc. By default, you would be registering on October the 1st, although this might change at the behest of the Secretary of the Treasury. The government will also send out pre-filled forms to save time for families if your situation hasn’t changed. Also, if you have been incarcerated you cannot receive the FCA. The next section will cover monthly poverty level.

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