HB 473

  • Virginia House Bill
  • 2024 Regular Session
  • Introduced in House Jan 08, 2024
  • House
  • Senate
  • Governor

Income tax, state; employer retention credit.

Abstract

Income tax; interest; employer retention credit. Provides authority to the Tax Commissioner to waive interest on taxpayersthat received a federal employer retention tax credit. Such waivershall only be permissible if the taxpayer was eligible for and received the federal tax credit, filed an amended return, and was found tohave an additional tax liability due to the reduction in deductiblewages that resulted from claiming the credit.

Bill Sponsors (1)

Votes


Actions


Feb 13, 2024

House

Left in Finance

Jan 22, 2024

House

House subcommittee amendments and substitutes offered

Jan 20, 2024

House

Impact statement from TAX (HB473)

Jan 18, 2024

House

Assigned Finance sub: Subcommittee #1

Jan 08, 2024

House

Prefiled and ordered printed; offered 01/10/24 24100441D

House

Referred to Committee on Finance

Bill Text

Bill Text Versions Format
Prefiled and ordered printed; offered 01/10/24 24100441D PDF HTML

Related Documents

Document Format
Fiscal Impact Statement: HB473F161.PDF PDF

Sources

Data on Open States is updated periodically throughout the day from the official website of the Virginia General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.