Certain individuals and organizations convicted of and benefiting from fraud tax establishment

This bill creates a new 100% tax on money obtained through fraud by individuals or organizations, regardless of any existing fines or restitution payments. The tax applies not only to those convicted by a court but also to those identified by the state revenue commissioner as having committed fraud, as well as to anyone paid for helping them commit the act. The revenue collected from this tax must be deposited into a special account dedicated solely to providing relief for state income and property taxes. The law takes effect retroactively for fraud cases determined after December 31, 2019, and gives the commissioner authority to investigate suspected fraud and set enforcement rules.