(1)(a) A material advisor shall disclose any reportable or listed transaction to the department on a form provided by the department within six months of each transaction.(b) The disclosure described in paragraph (a) of this subsection (1) shall include information identifying and describing the reportable or listed transaction and any potential tax benefits expected to result from the transaction, and the disclosure may include other information as required by the department by rules promulgated in accordance with section 39-21-112 (1).(2) If a material advisor is required to file an income tax return disclosing a reportable transaction under section 6111 of the internal revenue code, the material advisor shall provide the department with a copy of the income tax return.L. 2009: Entire section added, (HB 09 -1 09 3), ch. 75, p. 274, § 4, effective April 2.