VA SB255 | 2018 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 5 2018 - 25% progression, died in committee
Action: 2018-01-23 - Continued to 2019 in Finance (16-Y 0-N)
Pending: Senate Finance and Appropriations Committee
Text: Latest bill text (Prefiled) [HTML]

Summary

License taxes; interest rate for certain refunds. Authorizes a locality to establish the interest rate for a tax refund due to a taxpayer's overstatement of gross receipts for purposes of determining the amount due for a business license tax at a rate lower than that required for interest on delinquent taxes. Current law requires that the interest rate for a refund of any local tax be at the same rate as set for interest on delinquent taxes.

Tracking Information

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Title

License taxes; interest rate for certain refunds.

Sponsors


Roll Calls

2018-01-23 - Senate - Senate: Continued to 2019 in Finance (16-Y 0-N) (Y: 16 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2018-01-23SenateContinued to 2019 in Finance (16-Y 0-N)
2018-01-05SenateReferred to Committee on Finance
2018-01-05SenatePrefiled and ordered printed; offered 01/10/18 18103473D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
5813916(n/a)See Bill Text

Virginia State Sources


Bill Comments

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