Section R15-10-301. Definitions

The following definitions apply for purposes of this Article:

1.        “ACH” means an automated clearing house that is a cen- tral distribution and settlement point for the electronic clearing of debits and credits between financial institu- tions.

2.        “ACH credit” means an electronic funds transfer gener- ated by a payor, cleared through an ACH for deposit to the Department account.

3.        “ACH debit” means an electronic transfer of funds from a payor’s account, as indicated on a signed authorization agreement, that is generated at a payor’s instruction and cleared through an ACH for deposit to the Department account.

4.        “Addenda record” means the information required by the Department in an ACH credit transfer or wire transfer, in the approved electronic format prescribed in R15-10- 306(B).

5.        “Authorized means of transmission” means the deposit of funds into the Department account by electronic funds transfer.

6.        “Cash Concentration or Disbursement plus” or “CCD plus” means the standardized data format approved by the National Automated Clearing House Association for remitting tax payments electronically.

7.        “Data Collection Center” means a third party who, under contract   with  the  Department,  collects  and  processes

electronic funds transfer payment information from pay- ors.

8.        “Department” means the Arizona Department of Reve- nue.

9.        “EFT Program” means the payment of taxes by electronic funds transfer as specified by this Article.

10.     “Electronic Funds Transfer” or “EFT” means any transfer of funds initiated through an electronic terminal, tele- phonic instrument, computer, or magnetic tape, where the person initiating the transfer orders, instructs, or autho- rizes a financial institution to debit or credit an account using the methods specified in these rules.

11.     “Financial institution” means a state or national bank, a trust company, a state or federal savings and loan associa- tion, a mutual savings bank, or a state or federal credit union.

12.     “Payment information” means the data that the Depart- ment requires of  a payor making  an electronic funds transfer payment.

13.     “Payor” means a taxpayer or payroll service.

14.     “Payor information number” means a confidential code assigned to identify the payor and allow the payor to communicate payment information to the Data Collection Center.

15.     “Payroll service” means a third party, under contract with a taxpayer to provide tax payment services on behalf of the taxpayer.

16.     “State Servicing Bank” means a bank designated under

A.R.S. Title 35, Chapter 2, Article 2.

17.     “Tax type” means a tax that is subject to electronic funds transfer, each of which shall be considered a separate cat- egory of payment.

18.     “Wire transfer” or “Fedwire” means an instantaneous electronic funds transfer initiated by a payor.

Historical Note

Adopted effective July 30, 1993 (Supp. 93-3). Amended

effective June 15, 1998 (Supp. 98-2).