The Fair Tax Act of 2005, Part XX
Continuing with rules concerning the FCA:
`(a) General Rule- In the absence of the filing of a revised registration in accordance with this chapter, the common residence of the qualified family, marital status and number of persons in a qualified family on the family registration date shall govern determinations required to be made under this chapter for purposes of the following calendar year.
`(b) No Double Counting- In no event shall any person be considered part of more than 1 qualified family.
When you register, you are given your FCA based on your registration regardless of changes in circumstances unless you file a revised registration. Also note that no one can be part of more than 1 qualified family.
`(c) Revised Registration Permissible- A qualified family may file a revised registration for purposes of section 302(d) to reflect a change in family circumstances. A revised registration form shall provide–
`(1) the name of each family member who shared the qualified family’s residence on the filing date of the revised registration,
`(2) the Social Security number of each family member 2 years of age or older who shared the qualified family’s residence on the filing date of the revised registration,
`(3) the family member or family members to whom the family consumption allowance should be paid,
`(4) a certification that all listed family members are lawful residents of the United States,
`(5) a certification that all family members sharing the commoner residence are listed,
`(6) a certification that no family members were incarcerated on the family determination date (within the meaning of section 302(1)), and
`(7) the address of the qualified family.
Said revised registration shall be signed by all members of the qualified family that have attained the age of 21 years as of the filing date of the revised registration.
This basically describes the information that has to be on your revised registration form.
`(d) Change of Address- A change of address for a qualified family may be filed with the sales tax administering authority at any time and shall not constitute a revised registration.
`(e) Revised Registration not Mandatory- Revised registrations reflecting changes in family status are not mandatory.
You can also file a simpler change of address form if you move without filling out the entire form. Presumably you could go to your local SSA office to do it. And as is the trend with this benefit, you aren’t required to register with revised forms if you don’t want to. You can always wait for next year if you wish.
The next chapter goes into the agreement between the Federal Government and the States to administer the tax.
