Sec. 12-515. Refund claims.
Sec. 12-515. Refund claims. Any taxpayer who feels that he has overpaid any
taxes due under this chapter may file a claim for refund in writing with the commissioner
within three years from the due date for which such overpayment was made stating the
specific grounds upon which the claim is founded. Not later than ninety days following
receipt of such claim for refund the commissioner shall determine whether such claim
is valid and if so, said commissioner shall notify the Comptroller of the amount of such
refund and the Comptroller shall draw an order on the Treasurer in the amount thereof
for payment to the taxpayer. To the amount of such refund there shall be added interest
at the rate of three-fourths of one per cent for each month or fraction thereof which
elapses between the ninetieth day following receipt of such claim for refund by the
commissioner and the date of notice by the commissioner that such refund is due. Failure
to file a claim within the time prescribed in this section constitutes a waiver of any
demand against the state on account of overpayment. Within thirty days after disallowing
any claim in whole or in part the commissioner shall serve notice of his action on the
claimant.
(June, 1969, P.A. 1, S. 36; P.A. 85-356, S. 7, 9.)
History: P.A. 85-356 added provisions detailing procedures for determining validity of claims for refunds and payment
of refunds and interest, if any, effective July 1, 1985, and applicable to taxable years commencing on or after January 1, 1985.
Cited. 234 C. 614.
Cited. 44 CS 126.